DUBAI / Emirates Business Airbus will intensively contribute to the next steps in finding a global standard for mission-critical multimedia group communication. After the 3rd Generation Partnership Project’s (3GPP) completion of release 14 of secure multimedia group communication in December 2017, Airbus and its partners within 3GPP are now working on release 15 and 16 by the end of 2019. ...

Bloomberg Boeing Co. 787 Dreamliner planes equipped with a batch of potentially faulty Rolls-Royce Holdings engines face restrictions on how far they can fly following a ruling by the US Federal Aviation Administration (FAA). The measure, which Boeing has said affects about a quarter of in-service 787s, restricts the planes from operating more than 140 minutes from a diversionary airport, ...

Bloomberg The parent of Allegiant Airlines dropped following a “60 Minutes” segment detailing a high number of what the programme called “midair breakdowns” at the budget carrier. “Public documents show an alarming number of aborted takeoffs, cabin-pressure loss, emergency descents and unscheduled landings,” according to a report the CBS programme. The segment included interviews with shaken passengers and prominently featured ...

NEW YORK / Reuters The global economy is set to grow at a faster clip than anticipated in 2018, due mostly to lower tax rates in the United States, but tensions over trade threaten to derail months of synchronised global expansion, the Institute of Internatio-nal Finance (IIF) said on Monday. The Institute, a global financial industry association, lifted its forecast ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC) in Abu Dhabi, has been awarded fintech Regulator of the Year 2018 at the 2018 Seamless Middle East Awards held in Dubai. The Seamless Awards is an annual platform that recognises trail-blazing companies and individuals from the finance, ecommerce and retail industries that have demonstrated unparalleled ...

ABU DHABI / WAM Minister of State for Defence Affairs Mohammed Al Bowardi this morning welcomed the visiting South Korean Defence Minister Song Young-moo and his accompanying delegation. During the meeting, Al Bowardi praised the relations between the UAE and South Korea, saying they are witnessing progress and development in various fields. The UAE Minister and his South Korean counterpart ...

ABU DHABI / Emirates Business Aldar Properties announced the launch of a new AED10 billion masterplan that will incorporate and greatly enhance one of its already established destinations — Alghadeer, which sits close to the border of Abu Dhabi and Dubai within its Seih Al Sdeirah landbank. Alghadeer masterplan consists of 14,408 units, including villas, townhouses, and maisonettes. Total residential ...

CALIFORNIA / WAM Google announced the launch of ‘Maharat min Google’, a free digital skills-building programme in Arabic, in an effort to help people in Mena find jobs, advance their careers or grow their businesses. Based on a blended learning model, Maharat min Google provides free courses, tools, and in-person digital skills training to students, educators, job seekers and businesses. ...

Abu Dhabi / Emirates Business UBM EMEA, the organiser of the leading global pharmaceutical exhibition CPhI, has announced the Middle East and Africa edition will make its regional debut in the UAE capital at the Abu Dhabi National Exhibition Centre (Adnec) from September 3-5. “The exhibition is designed to increase partnerships and business opportunities on both a local and international ...

DUBAI / Emirates Business The introduction of Value Added Tax (VAT) in the UAE has served an opportunity for small and medium enterprises (SMEs) to review their processes and identify opportunities to streamline operations. UAE’s SMEs are key to driving economic growth, innovation and job creation in the region. According to a new study by MENA Research Partners (MRP), SMEs ...