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Bloomberg Bombardier Inc.’s train-equipment arm is looking to build a factory in Morocco if it wins a contract to supply rolling stock to the country’s state-owned railways. The facility would build railcars and perform engineering and maintenance work, Marc-Andre Lefebvre, a Bombardier spokesman, said. It would have about 600 employees and could open as soon as 2020, he said, declining ...

Bloomberg Microsoft Corp.’s Skype has vanished from Apple Inc. and Android smartphone app stores in China, becoming the latest victim in Beijing’s sweeping internet clampdown. The internet phone and video service was no longer available on Apple’s iOS or on popular local Android stores such as Xiaomi Corp’s. The Ministry of Public Security notified Apple that a number of voice-over-internet-protocol ...

Bloomberg UK Prime Minister Theresa May has less than 10 days to come up with a new offer on the Brexit divorce bill if she wants to break the deadlock in negotiations before the end of the year. European Council President Donald Tusk gave May until December 4 to make extra efforts to resolve the differences between the two sides ...

Sharjah / WAM His Highness Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Wednesday, inaugurated the second edition of the International Photography Festival, Xposure 2017, the region’s biggest photography event of its kind, with the participation of a galaxy of the world’s most celebrated photographers and leading international brands. Themed ‘Captivating Stories’, Xposure ...

Abu Dhabi / WAM Ahead of the launch of the ‘Year of Zayed’ and under the directives of the President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Higher National Committee for Year of Zayed on ...

Dubai / Emirates Business VFS Global, the world’s largest outsourcing and technology services specialist for governments and diplomatic missions worldwide, conducted the 4th global edition of its annual innovation workshop ‘iConnect’ for the outsourced government services industry in Dubai. The event brought together 129 delegates from 55 countries to interact and discuss the most significant technology trends and the cutting-edge ...

Abu Dhabi / Emirates Business The Small and Medium Enterprises (SME) sector in the GCC region presents a potential of $920 billion with 156% growth in the next five years, employing 22 million people, according to a new study by MENA Research Partners (MRP), a leading research company in the region. The study was released on Wednesday, when Sharjah is ...

Bloomberg One country, two systems has come to the world’s largest steel industry. As China’s great environmental cleanup takes effect during the winter months, the stringent curbs being implemented across the north are hurting mills’ output, while giving free rein to producers in the south. “Southern steel mills unaffected by the output restrictions are generally running at full speed,” brokerage ...

Bloomberg India’s largest transmission utility is shifting its focus to projects within states, where it expects a government plan to provide electricity to all to generate about $25 billion worth of new orders over the next five years. Power Grid Corp. Of India will seek to capture some of the new orders either on its own or through joint ventures, ...

Bloomberg UK Chancellor of the Exchequer Philip Hammond’s measures to help young people into the housing market underwhelmed investors and sent home-builder stocks tumbling. In his budget speech on Wednesday, Hammond abolished stamp duty for first-time buyers of homes worth up to $398,000 as the Conservative government sought to regain support among the younger voters who abandoned them at the ...