Bloomberg Boeing Co. is buying drone pioneer Aurora Flight Sciences Corp., gaining a portfolio of futuristic technology such as unmanned air taxis that may someday navigate city skies for Uber Technologies Inc. With the acquisition, Boeing is betting that smarter airplanes will dominate flying, with computer algorithms and artificial intelligence playing an increasingly important role in the cockpit. Aurora is ...

Bloomberg The company once known as the Netflix of snacks looks a bit more like Blockbuster video these days—but not in a bad way. Graze, which started selling snack boxes via online subscriptions in the UK a few years back, is for the first time generating a majority of its sales through physical stores—a reminder that food is still almost ...

Bloomberg Ryanair Holdings Plc Chief Executive Officer Michael O’Leary made a personal pledge to improve pay and career prospects for the budget carrier’s 4,200 pilots amid concerns about a rebellion in the aftermath of its cancellation fiasco. O’Leary, often dismissive of pilot demands, is seeking to soothe disgruntled cockpit crew with wage increases of as much as $11,700 and loyalty ...

Bloomberg EasyJet Plc is counting on the failure of three rival carriers to help accelerate its expansion into major European markets, bringing a silver lining to a fare war that depressed full-year earnings. The impact of a weaker pound should also ease, while fuel costs are set to decline, Luton, England-based EasyJet said. UK rival Monarch Airlines Ltd., its neighbour ...

Dubai / Emirates Business Global digital transformation enabler, SAP, announced on Saturday at GITEX Technology Week 2017 that the Internet of Things (IoT) will catalyze the Middle East’s $70 billion digital contribution to GDP. According to McKinsey, the UAE contribution to that figure is $15 billion. Governments across the Middle East, North Africa, and Southwest Asia are increasingly driving innovative ...

Dubai / WAM The Dubai Land Department (DLD), reached another technical milestone by becoming the world’s first government entity to adopt blockchain technology, reflecting the ‘Dubai Blockchain Strategy’ launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of Dubai Foundation for the Future. The initiative has been ...

Abu Dhabi / WAM Etisalat plans to invest more than AED3 billion in 2017 to develop and modernise infrastructure and expand mobile and fibre optic networks, Internet of Things, artificial intelligence and robotics across the UAE, according to a top company executive. Speaking to the media ahead of the GITEX Technology Week, Saleh Al Abdooli, CEO of Etisalat Group, said ...

Dubai / Emirates Business Dubai Economy will participate in GITEX Technology Week 2017 being held at the Dubai International Convention and Exhibition Centre from October 8-12, showcasing its innovative e-services and applications for visitors. The participation is in line with the efforts of Dubai Economy to connect with leading technology companies and government entities as well as to update businessmen ...

Dubai / WAM The Dubai Airport Freezone Authority (DAFZA), announced first smart customs free zone at GITEX Technology Week 2017. DAFZA’s pavilion this year will showcase a group of smart innovative initiatives in customer experience and organisational leadership aimed at supporting Dubai Plan goal of establishing a leading platform and a smart city. It will also highlight cooperation between DAFZA ...

Abu Dhabi / WAM Addressing an audience of more than 900 teachers and experts from 80 countries around the globe, HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, emphasised the importance of adapting teaching methods and curriculums to the demands of the 21st century. In his keynote speech at the opening of the ...