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First unified e-platform for UAVs announced

ABU DHABI / WAM The first unified electronic platform for unmanned aerial vehicles (UAVs) and air vehicles to be used in the UAE for recreational, ser-vice and commercial purposes has been announced. The platform, entitled “Unified Pilot System for Unmanned Aircraft Products and Systems,” is in line with UAE government’s keenness to provide a civil aviation environment and a safe ...

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Dana Gas: Appeal on BlackRock joining sukuk trial rejected

DUBAI / Reuters The English Court of Appeal has refused an application by Dana Gas to appeal a decision allowing fund manager BlackRock to participate in English court proceedings over Dana’s $700 million of sukuk, Dana said on Monday. Dana is refusing to redeem its Islamic bonds on the grounds that they are no longer sharia-compliant and have therefore become ...

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‘Brexit worse threat than EU conflict to Polish government’

Bloomberg It’s Brexit, and not Warsaw’s escalating conflict with the European Union over democratic values, that presents a bigger threat to inflows of the bloc’s assistance to Poland, according to the government official in charge of funds absorption. While the EU’s executive is set to move ahead this week with plans to slap unprecedented political sanctions on Poland, Deputy Development ...

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