ABU DHABI - 30 April 2008 - Etisalat may spend $4b in India venture. Emirates Telecommunications Corp (Etisalat) said it could spend as much as $4 billion on an acquisition or a licence to enter India, the world’s second largest mobile phone market.
Mohammed Omran, chairman of the Arab world’s second biggest telecoms firm, said the time was ripe for a purchase.
“The market value for shares (in India) has gone down a little so it’s a good time for us to consider entry,” he told Reuters in Abu Dhabi.
“We could spend in the range of $1 billion to $3 to $4 billion; that depends on the opportunities and on how much of a per cent we buy,” Omran said.
The price also depended on whether state-controlled Etisalat bought a piece of an existing operator or began a new one, Omran said.
Etisalat said earlier in April it was in talks with several Indian telecoms companies, including Spice Communications.
“Our aim is to buy into an operator that covers most of India, and Spice is one possibility,” he said yesterday, adding that no decision has yet been made.
India has 12 firms providing wireless and fixed-line telephone services in some or all of its 23 telecom service areas to over 290 million users, and has issued 120 new licences this year.
More than 8 million new mobile phone subscribers are signing up each month, reflecting a growing economy, cheap handsets and low call rates. India now has more than 250 million mobile users. (Reuters)
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Wednesday, April 30, 2008
Tuesday, April 22, 2008
Congrats, Hillary
US Democratic presidential candidate Senator Hillary Clinton (D-NY) celebrates her win.
US Democratic presidential candidate Senator Hillary Clinton (D-NY) celebrates her win at her Pennsylvania primary election night rally in Philadelphia, Pennsylvania April 22, 2008. REUTERS/Shannon Stapleton (UNITED STATES) US PRESIDENTIAL ELECTION CAMPAIGN 2008
Pennsylvania Governor Ed Rendell and Democratic presidential candidate Senator Hillary Clinton celebrate her win at her Pennsylvania primary election night rally in Philadelphia, April 22, 2008.
Democratic presidential hopeful Sen. Hillary Rodham Clinton, D-N.Y., speaks as her husband former President Bill Clinton applauds at her Pennsylvania primary election night party in Philadelphia, Tuesday, April 22, 2008.
We, Librahitech, congratulate Hillary Clinton on her win at her Pennsylvania primary election.
US Democratic presidential candidate Senator Hillary Clinton (D-NY) celebrates her win at her Pennsylvania primary election night rally in Philadelphia, Pennsylvania April 22, 2008. REUTERS/Shannon Stapleton (UNITED STATES) US PRESIDENTIAL ELECTION CAMPAIGN 2008
Pennsylvania Governor Ed Rendell and Democratic presidential candidate Senator Hillary Clinton celebrate her win at her Pennsylvania primary election night rally in Philadelphia, April 22, 2008.
Democratic presidential hopeful Sen. Hillary Rodham Clinton, D-N.Y., speaks as her husband former President Bill Clinton applauds at her Pennsylvania primary election night party in Philadelphia, Tuesday, April 22, 2008.
We, Librahitech, congratulate Hillary Clinton on her win at her Pennsylvania primary election.
Wednesday, April 16, 2008
Health Insurance in UAE
Sharjah - 16 April 2008 - Health Insurance for Expatriates in the U.A.E.
More than a year has passed since the regulations implementing the Abu Dhabi Health Insurance Law No 23 of 2005 (the “Health Insurance Law”) came into effect. The law was implemented in stages, and has applied to all expatriates living or residing in the Emirate of Abu Dhabi since January 2007.
While the Abu Dhabi health insurance scheme has clearly ensured that all expatriates can be assured of healthcare in a manner that is affordable to the expatriate and the Emirate of Abu Dhabi, and it has created additional opportunities for the local insurance industry, its implementation is not without challenges for both employers and the insurance industry.
On 6th November, 2007, we read in the U.A.E. newspapers that there will soon be health Insurance for expatriates in Dubai, and Northern Emirates soon. The news item stated that expatriates residing in Dubai and the Northern Emirates will be covered by a health insurance system from year 2008, under a federal insurance law.
"The draft law has been finalized and submitted to the Legislations Committee. It awaits approval of higher authorities," said the minister concerned. The Ministry of Health (MoH) had earlier suggested implementation of an insurance law with the aim of providing expatriates with Medicare services at affordable prices. The minister also said: "The policy will contribute to improvement in medical services available in the country.”
The insurance scheme might also help in providing expatriates with medicines at reasonable prices "depending on the kind of insurance policy," the minister said.
But we are now in mid-April, 2008, and yet, do not hear anything more on the subject. We are eagerly awaiting the implementation of the insurance scheme in Dubai, and the Northern Emirates - Librahitech.
More than a year has passed since the regulations implementing the Abu Dhabi Health Insurance Law No 23 of 2005 (the “Health Insurance Law”) came into effect. The law was implemented in stages, and has applied to all expatriates living or residing in the Emirate of Abu Dhabi since January 2007.
While the Abu Dhabi health insurance scheme has clearly ensured that all expatriates can be assured of healthcare in a manner that is affordable to the expatriate and the Emirate of Abu Dhabi, and it has created additional opportunities for the local insurance industry, its implementation is not without challenges for both employers and the insurance industry.
On 6th November, 2007, we read in the U.A.E. newspapers that there will soon be health Insurance for expatriates in Dubai, and Northern Emirates soon. The news item stated that expatriates residing in Dubai and the Northern Emirates will be covered by a health insurance system from year 2008, under a federal insurance law.
"The draft law has been finalized and submitted to the Legislations Committee. It awaits approval of higher authorities," said the minister concerned. The Ministry of Health (MoH) had earlier suggested implementation of an insurance law with the aim of providing expatriates with Medicare services at affordable prices. The minister also said: "The policy will contribute to improvement in medical services available in the country.”
The insurance scheme might also help in providing expatriates with medicines at reasonable prices "depending on the kind of insurance policy," the minister said.
But we are now in mid-April, 2008, and yet, do not hear anything more on the subject. We are eagerly awaiting the implementation of the insurance scheme in Dubai, and the Northern Emirates - Librahitech.
Monday, April 07, 2008
ItsHot Diamond Watches
Welcome to ItsHot.COM Diamond Watches and Jewelry manufacturers and wholesalers about us page!
We specialize in manufacturing and wholesale of high-end fine diamond jewelry and diamond watch designs. We are proud to introduce our large selection of diamond jewelry with round diamonds and princess cut diamonds set in invisible setting in 14-karat white gold, yellow gold and pink gold (also called rose gold or red gold).
We have established the highest degree of customer satisfaction by offering the highest quality, the great selection and prices and best customer service in the jewelry industry.
ItsHot Diamond Watches & Jewelry
We specialize in manufacturing and wholesale of high-end fine diamond jewelry and diamond watch designs. We are proud to introduce our large selection of diamond jewelry with round diamonds and princess cut diamonds set in invisible setting in 14-karat white gold, yellow gold and pink gold (also called rose gold or red gold).
We have established the highest degree of customer satisfaction by offering the highest quality, the great selection and prices and best customer service in the jewelry industry.
ItsHot Diamond Watches & Jewelry
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