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DUBAI / Emirates Business Emirates SkyCargo signed a Memorandum of Understanding (MoU) with Mohammed Bin Rashid Space Centre (MBRSC) to become the preferred logistics partner for the Dubai based space science and advanced technology research and development centre. The MoU was signed in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates ...

Dubai / Emirates Business Dignitaries, government and business leaders, and industry experts from the UAE and around the world gathered in Dubai on Tuesday for the International Conference launching the 10th cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award, and the 2nd cycle of the MRM Business Innovation Award. The high-profile event, entitled “Drivers of Growth in ...

ABU DHABI / Emirates Business Achievements in the oil and gas industry have been honoured, with the presentation of the prestigious ADIPEC Awards, rounding out the opening day of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). The ADIPEC Awards recognise the achievements of businesses, initiatives and individuals shaping the rapidly changing industry. ADNOC’s Onshore CEO and ADIPEC Awards Chairman, ...

Dubai / Emirates Business emaratech launched a series of products that will soon be in action at the airports enhancing passenger experience as well as improving baggage handling efficiency during the 15th Edition of Dubai Airshow. emaratech’s Airport Smart Trolley comes with a web-based dashboard that allows the airport to locate and send notifications during shopping to individual passengers, channelise ...

Abu Dhabi / Emirates Business The Khalifa University of Science and Technology has on Tuesday announced that Abu Dhabi will host the Institute of Electrical and Electronics Engineers (IEEE) Global Communications Conference (Globecom) 2018, the world’s largest telecommunications research conference. The announcement was made during a press conference organized at the campus. To be held from December 9-13, 2018 at ...

Bloomberg The supply surge from US shale oil and gas will beat the biggest gains seen in the history of the industry, the International Energy Agency predicted. By 2025, the growth in American oil production will equal that achieved by Saudi Arabia at the height of its expansion, and increases in natural gas will surpass those of the former Soviet ...

Bloomberg Egypt signed an expanded $3.2 billion financing deal with foreign banks, the central bank governor said, as it continues to bolster foreign reserves and prepare for about $14 billion of foreign debt repayments in 2018. The repurchase transaction, signed in November 2016 for one year, was increased from $2 billion, Tarek Amer said in an interview, without saying whether ...

Bloomberg Sugar production in India is set to bounce back from a seven-year low as the area planted to cane increases and rain boosts yields in the world’s top consumer. Production may total 25.886 million metric tons in the crop year that began on October 1, according to SGS SA, a researcher hired by Bloomberg to survey farmers during September ...

Bloomberg Amazon.com Inc. agreed to sell some of its Chinese cloud assets to its local partner but said it’s committed to a domestic market for internet-based computing that could be worth $30 billion. Beijing Sinnet Technology Co. will buy servers and other unspecified “operational assets” in the country’s capital from Amazon Web Services for as much as $302 million, it ...

Bloomberg Hon Hai Precision Industry Co. posted a surprise fall in earnings amid technical hiccups that disrupted production of Apple Inc.’s 10th-anniversary iPhone. Apple’s main device-assembler reported a decline in net income to $696 million in the three months ended in September. That compared with the NT$37.2 billion projected. Apple’s decision to adopt technically demanding facial-scanning sensors for the iPhone ...