Abu Dhabi / WAM The Emirates Defence Companies Council (EDCC), is preparing to launch a new strategy that aims to bolster its role in enabling UAE’s defence and security industries sector, said Mohamed Helal Al Muhairi, Director-General of the Abu Dhabi Chamber of Commerce and Industry and member of the Council’s Board of Directors. Al Muhairi made the remarks while ...

Dubai / Emirates Business GulfHost 2018, the complete hospitality equipment and sourcing expo for the Middle East, Africa and Asia, opens at Dubai World Trade Centre (DWTC) on Tuesday amid an expanding regional industry and sweeping shifts in consumer preferences as high-end hotels and mid-level options fight for market share with quick-service restaurants. The industry-shaping expo, which runs from October ...

Dubai / WAM Emirates is gearing up to launch the world’s first “biometric path” which will offer its customers a smooth airport journey at the airline’s hub at the Dubai International airport. Utilising the latest biometric technology – a mix of facial and iris recognition – Emirates passengers can soon check in for their flight, complete immigration formalities, enter the ...

Bloomberg The speaker of Sri Lanka’s parliament has warned his country could descend into political violence if the legislature remains suspended throughout a leadership struggle that has plunged the island nation into a constitutional crisis. The capital Colombo was gripped by political intrigue after President Maithripala Sirisena said he had to fire Prime Minister Ranil Wickremesinghe late on Friday because ...

Bloomberg Germany’s Angela Merkel will quit as head of her Christian Democratic party after almost two decades, a person familiar with the matter said. She intends to stay on as chancellor and step down when her current term ends in 2021, the person said, despite a series of political setbacks that have eaten into her authority. The shock decision from ...

Bloomberg White House officials are largely resigned to losing Republican control of the US House and are bracing for an exodus of staff worried about a torrent of subpoenas from Democratic congressional investigators. President Donald Trump’s team still sees a possible path to victory. But talk of a “red wave” has ceased, advisers inside and outside the White House said. ...

Bloomberg The contest to be Georgia’s last directly elected president is heading to a runoff after the two main rivals were practically tied first round. Salome Zurabishvili, who’s backed by the ruling Georgian Dream party, topped the list of 25 candidates with 38.6 percent support, ahead of Grigol Vashadze of the Strength in Unity coalition, who received 37.7 percent, with ...

Bloomberg The speaker of parliament took over the government formation process after more than a month of talks have led nowhere on forming a new Swedish ruling coalition after last month’s inconclusive election. The willingness to compromise has been “limited” so far, Speaker Andreas Norlen said at a press conference in parliament. He will now lead group talks, starting as ...

Bloomberg Russia is set to suffer the biggest revenue losses from rules mandating cleaner marine fuels from 2020, because the world’s top exporter of the sulfurous residual oil that powers ships doesn’t look prepared for the change. Refineries across the world are bracing themselves for the once-in-a-generation shift intended to reduce pollution caused by ships. While plants in Europe and ...

Bloomberg C2 Energy Capital LLC, a New York-based clean-energy developer, raised $21 million to invest in new projects. About half of the money raised for the C2 Taiyo Fund I LP fund is already committed to specific projects. The fund will target renewables and storage investments, including a 51-megawatt solar portfolio being built in South Carolina. C2 develops, owns and ...