Bloomberg Abu Dhabi’s Mubadala Development Co. is considering committing $10 billion to $15 billion to partner with SoftBank Group Corp. and Saudi Arabia’s Public Investment Fund in a new vehicle to invest in global technology, according to people familiar with the matter. The SoftBank Vision Fund is set to close in January and will be capped at $100 billion, ...

  ABU DHABI / WAM The Gulf Cooperation Council (GCC) member states are spending nearly US$150 billion a year on education, according to figures released by the GCC Federation of Chambers of Commerce and Industry. ‘‘There is a need for in-depth study of the challenges facing the delivery of quality education despite the huge funds spent throughout the past decades,’’ ...

  HAMBURG/ WAM The Jet Airliner Crash Data Evaluation Centre (JACDEC) announced that Emirates Airlines and Etihad Airways are among the safest airlines in the world. According to JACDEC’s Airline Safety Ranking 2017 study, airlines based in Asia and the Middle East continued to dominate the list of carriers with the best safety track record in 2016. Emirates and Etihad ...