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BMW boosts tech startup fund as self-driving challenge grows

  Bloomberg BMW AG plans to boost its investments in startups, as competition intensifies with new rivals including Tesla Motors Inc. over technologies that make cars smarter and more energy efficient. The luxury-vehicle maker will invest as much as 500 million euros ($533 million) through its iVentures capital fund over 10 years, Munich-based BMW said Monday in a statement. The ...

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flydubai begins Bangkok service

  DUBAI / WAM Dubai-based flydubai officially launched its Bangkok service, marking the start of its first double daily route outside of the GCC. The inaugural flight from Dubai International Terminal 2 landed at Bangkok International Airport on Tuesday, providing connecting routes for travel through Dubai. Commenting on the launch of the new route, Ghaith Al Ghaith, CEO at flydubai, ...

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Ajman, Serbia seek stronger economic, trade cooperation

  AJMAN / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, received on Tuesday Igor Mirovic, President of the Provincial Government of Vojvodina, Serbia, and explored prospects to establish joint trade, and economic and investment projects. Mirovic is leading a high-level delegation on a visit to the UAE. The Ajman Ruler called on ...

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