Abu Dhabi / WAM The Abu Dhabi Education Council (ADEC) and Emirates Transport have launched ‘Hafilaty’, an app that enables parents to track their children to and from school, as part of their efforts to enhance safety in school buses. Mohammed Salem Al Dhaheri, Executive Director of the School Operations Sector in ADEC, said that this project is being implemented within ...
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World’s first floating wind farm prepares to set sail
STORD / WAM Masdar announced that a milestone has been reached in the development of the world’s first commercial scale floating wind farm, which on completion will be sited off the coast of Aberdeenshire, Scotland. According to a press statement, all five wind turbines, each with a capacity of six megawatts, have been mated onto a floating substructure in Stord, ...
Read More »Nakheel opens new Monorail station on Palm Jumeirah
Dubai / WAM Passengers using The Palm Monorail in Dubai can now board and alight at the newly-opened Al Ittihad Park Station for easy access to Palm Jumeirah’s central park, thousands of residences, and the Golden Mile Galleria Mall, master developer Nakheel announced on Monday. Located at the heart of The Palm’s Al Ittihad Park, the station is close to ...
Read More »Doha responds to demands as gulf nations extend deadline
Bloomberg Qatar delivered its official response to the 13 demands made by the Saudi-led coalition that cut diplomatic and transport links with the country, Al Arabiya news channel reported, as President Donald Trump and Kuwait’s emir stepped up efforts to resolve the month-long crisis. Al Arabiya gave no details of the reply. The coalition, which also includes the UAE, Bahrain ...
Read More »China warns against ‘negative’ US turn
Bloomberg President Xi Jinping’s complaint about a ‘negative’ turn in China’s relationship with the U.S. showed the challenge facing Donald Trump when the two leaders meet in Germany this week. Xi’s comment during a phone call with Trump on Monday followed several assertive U.S. moves in Asia, including a naval patrol past a Chinese-controlled islet a day earlier. The American ...
Read More »Modi’s reform agenda not yet done as new tax launched
Bloomberg With a landmark goods and services tax now rolling out across India, Prime Minister Narendra Modi is likely to turn his focus to job creation and other key economic reforms. Further big structural steps, such as revamping India’s land acquisition and labor laws, are unlikely to occur before the next national election, scheduled for 2019, as Modi’s Bharatiya Janata ...
Read More »Honda beats June estimates as market concludes drab first half
Bloomberg Honda Motor Co.’s US auto sales rose more than analysts estimated in June, giving a positive start to mid-year reports following a five-month streak of industry declines. The Japanese automaker sold 139,793 vehicles in the US last month, a 0.8 percent increase from the same month last year. Analysts had been expecting a 0.5 percent increase. Sales of the ...
Read More »Facebook’s small print might be antitrust’s next big target
Bloomberg Facebook Inc.’s small print may be the next big thing in European antitrust as watchdogs home in on how the world’s biggest social network collects information from users that helps generate vast advertising revenues. Germany’s Federal Cartel Office is examining whether Facebook essentially takes advantage of its popularity to bully users into agreeing to terms and conditions they might ...
Read More »Euro-area manufacturing accelerates as orders fuel optimism
Bloomberg Euro-area manufacturing expanded at the strongest pace in over six years as factories across the region took on more workers to deal with surging orders. A Purchasing Managers’ Index climbed to 57.4 in June, up from 57.0 in May and above a June 23 flash estimate, IHS Markit said on Monday. Growth rates improved in most of the surveyed ...
Read More »Abu Dhabi welcomes 2mn hotel guests in five months
Abu Dhabi / Emirates Business In the period January to May this year, the emirate of Abu Dhabi recorded nearly 2 million hotel guest arrivals (1,965,436), a 4% growth compared to the same period in 2016, figures released by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) show. Of this figure, domestic visitors account for more than 600,000 hotel ...
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