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AgustaWestland begins helicopter MRO, spare parts operations

Abu Dhabi / WAM Under the sponsorship and guidance of Tawazun Economic Council (Tawazun), the joint venture named AgustaWestland Aviation Services between Abu Dhabi Aviation and the Helicopter Division of Finmeccanica which designs and manufactures helicopters, is now fully operational. The company provides helicopter spare parts and accessories, component repair and overhaul, helicopter technical testing, customisation, modification and upgrading, primarily ...

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Suu Kyi’s party mulls rethink on China-backed Myanmar dam

Yangon / AFP Aung San Suu Kyi’s incoming government is considering a rethink of a controversial Chinese-backed dam in Myanmar and looking for ways to end a military conglomerate’s “privileges”, according to her party’s economic advisor. Her new government, which is expected to take office in early April, faces a raft of economic challenges, not least the continued financial clout ...

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Indian jewellers lose US$150mn a day as strike continues

New Delhi / Bloomberg Jewellers in India, the world’s biggest gold consumer after China, are estimated to be losing about $150 million a day as a shutdown to protest a proposed tax enters its second week, according to the All India Gems & Jewellery Trade Federation. Shops will remain closed until the government assures jewellers that the 1 percent duty ...

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