ABU DHABI / WAM Group 42, an Abu Dhabi-based artificial intelligence and cloud computing company, announced on Monday that it has acquired Bayanat for Mapping and Surveying Services LLC, an end-to-end and customised geospatial data products and services provider. Bayanat has been a leader in the geospatial domain since its launch in 2010, delivering various geospatial solutions and services, providing ...
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Adnoc signs energy pacts with two Indonesian firms
Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), exchanged signing of agreements with Indonesia’s Pertamina and Chandra Asri. Adnoc signed a Memorandum of Understanding (MoU), to explore potential development of a Crude to Petrochemicals complex in Balongan, Indonesia as well as a Sales Agreement in which Adnoc will supply Pertamina with up to 528,000 MT of LPG ...
Read More »Etihad Airways, Gulf Air expand partnership
Abu Dhabi / Emirates Business Etihad Guest, the award-winning loyalty programme for Etihad Airways, has inked a new partnership with Gulf Air, the national carrier of the Kingdom of Bahrain, further enhancing benefits for its members. The partnership expands on codeshare agreement between the two airlines and provides further cooperation between the frequent flyer programmes, Etihad Guest and Falconflyer. This ...
Read More »Etisalat highlights impact of 5G tech on future of media
Abu Dhabi / Emirates Business The media plays an increasingly significant role in our lives as a trusted source for news and information, and beyond that also a source for entertainment. It is also a powerful communications platform for the society with the ability to influence people’s opinions and perceptions therefore making a significant social impact at all levels, highlighted ...
Read More »Emirates SkyCargo set to support global trade in 2020
Dubai / Emirates Business At the start of a new decade, Emirates SkyCargo, the freight division of Emirates, is geared up to facilitate global trade and cargo movement in 2020 and beyond through a combination of innovative product development and investment in ‘fit for purpose’ infrastructure. “The outlook for 2020 is more positive with the air cargo industry set to ...
Read More »Dubai forum to highlight key trends in aviation industry
DUBAI / WAM Glimpses into Air Traffic Control (ATC), modernisation and innovation will be provided to aviation industry stakeholders at the ATC Forum which is returning for its third straight year in June 2020 during the Airport Show, the world’s largest annual airport industry gathering. The event is coming at a time when it has been predicted that more than ...
Read More »India creating fewer jobs for the world’s biggest workforce
Bloomberg India will create at least 1.6 million fewer formal jobs across government and low-paying sectors, State Bank of India estimates, a segment that typically absorbs some of the millions of youth entering the world’s biggest workforce each year. There’s also evidence that people who migrate within the country for employment are sending less money home to some of the ...
Read More »India lost at least $1.3bn to internet shutdowns last year
Bloomberg India lost more than $1.33 billion to internet restrictions in 2019 as prime minister Narendra Modi’s government pushed ahead with his party’s Hindu nationalist agenda, raising tensions and sparking nationwide protests. The worst shutdown has been in Kashmir, where after intermittent closures in the first half of the year, the internet has been cut off since August 5 following ...
Read More »Japan’s population crisis is pushing women to poverty
Bloomberg At first glance, things seem to be getting better for Japanese women. In an economy that’s historically lagged other developed nations when it comes to female workforce participation, a record 71% are now employed, an 11 point leap over a decade ago. The Japanese government boasts one of the most generous parental leave laws in the world and recently ...
Read More »Nissan Motors examines split from Renault
Bloomberg Nissan Motor Co executives have examined the possibility of breaking away from Renault SA amid concerns that relations with the longtime French partner have turned dysfunctional after the ouster of former chief Carlos Ghosn, according to a person familiar with the matter. Since last year, Nissan has been exploring the pros and cons of sustaining the alliance, particularly when ...
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