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Boeing’s first Max crash leaves Indonesia scouring sea for clues

Bloomberg More than a day after a brand-new Boeing Co. 737 Max jet flown by Indonesia’s Lion Air plunged into the Java Sea, the search for the plane failed to yield much as investigators continued the grim task of uncovering the cause of the deadly crash. Indonesia’s National Transportation Safety Board said in a statement on Tuesday that it’s scouring ...

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KhalifaSat successfully launches into orbit

DUBAI / WAM Marking a new milestone that adds to the UAE’s achievements and a new phase in the development of the national space sector, the Mohammed bin Rashid Space Centre (MBRSC) announced the successful launch of the Emirati satellite KhalifaSat into orbit. KhalifaSat is the first Emirati satellite to be 100 percent developed at the facilities of MBRSC in ...

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UAE among top Islamic fintech start-up hubs

DUBAI / WAM The UAE has been ranked as one of the world’s top Islamic fintech hubs with the country home to 12 start-ups specialising in this field, a new analysis from the Dubai Chamber of Commerce and Industry has revealed. The analysis, based on recent data from IFN Fintech, ranked the UAE fourth globally as an Islamic fintech hub. ...

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