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Jebel Jais to get world’s longest, highest zip line in December

Ras Al Khaimah / Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA) has announced that the world’s longest and highest zip line will officially open on the UAE’s highest peak, Jebel Jais, in December. With the exact length of the zip line remaining a closely-guarded secret until the multi-million dollar adventure tourism product’s opening, the zip line will propel ...

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Harvey’s second act could drive up economic damage for Texas

­­­­­­­­­­­Bloomberg As Harvey’s winds die down, trouble for Texas may have just begun with forecasts for unprecedented flooding across the heart of US energy production and in Houston, the nation’s fourth-largest city. Harvey smashed ashore as a Category 4 hurricane on Friday near Rockport, Texas. Two deaths have been attributed to the storm, which has also halted about one quarter ...

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Tim Cook reaps $89.2mn shares as Apple outshines S&P

Bloomberg Apple Inc. Chief Executive Officer Tim Cook collected 560,000 shares, half of them linked to the company’s performance and the maximum allowed under the iPhone maker’s long-term compensation programme. The award was worth $89.2 million when it was granted on Thursday, based on Apple’s $159.27 closing price. He received the performance-linked stock because Apple shares outperformed at least two-thirds ...

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