Bloomberg Someday soon you may not have to show a driver’s license or passport at the airport security lane in the US. The Transportation Security Administration unveiled a multistep plan to make increased use of facial recognition and other biometric identification tools to improve accuracy and speed wait times. TSA, which has tested biometric systems in Los Angeles and Atlanta, …

ABU DHABI / Emirates Business The value of Mergers and Acquisitions (M&A), transactions with any Middle Eastern & North African (Mena) involvement rea-ched $45.1 billion during the first nine months of 2018, according to Refinitiv, formally Financial & Risk business division of Thomson Reuters. The amount is 65% more than the value recorded during same period in 2017 and an …

Bloomberg Abu Dhabi shelved plans for an initial public offering of a 25 percent stake in Spanish oil refiner Cepsa. “Recent international economic developments have created uncertainty in international capital markets,” said Cepsa, which is controlled by Abu Dhabi’s state-owned Mubadala Investment Co. The offering would have valued Spain-based Cepsa at between 7 billion euros ($8.1 billion) and 8.1 billion …