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Ikea may buy $1.1bn real estate sale

  Bloomberg Ikea, the world’s biggest furniture retailer, has selected asset manager Pradera as the lead bidder to buy 27 European retail parks surrounding its stores, according to a person with knowledge of the matter. Pradera has offered about 1 billion euros ($1.1 billion) to buy the assets which are being sold through broker Cushman & Wakefield Inc., the person ...

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Drone operators seek permission to fly out of direct sight

  AP As thousands of commercial drones take to the skies under new Federal Aviation Administration rules, some small operators are pursuing a coveted exemption that would allow them to fly their drones where they can’t be seen by the pilot. The companies who want them say the so-called line-of-sight exemptions are essential to someday use drones for such tasks ...

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Call for streamlined approach to security in oil & gas sector

    Abu Dhabi / Emirates Business Organisations in the oil and gas industry must adapt to an increasingly interconnected energy landscape by taking a streamlined and coordinated approach to security, urge UAE and international experts. The promise of emerging technology brings with it a growing concern of data and infrastructure protection within the industry, which has proven to be ...

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