Amazon and Wal-Mart might once have existed in parallel universes, but these days they’re in a price war. Both giants are now seeking to make acquisitions to compete on the other’s turf. Amazon.com Inc. is going to have a significant brick-and-mortar presence. The only remaining question is when and how. Perhaps it’ll be a new high-tech store created by …

  Bloomberg Saudi Arabia will transfer airports to its sovereign wealth fund by mid-2018, as part of a nationwide privatization drive spurred by low oil prices. Airports will be turned into companies before being handed over to the Public Investment Fund, to help improve accountability, Faisal Al-Sugair, chairman of Saudi Civil Aviation Holding Co., said in a phone interview. The …

  Abu Dhabi / Emirates Business Etihad Airways Engineering (EAE) signed an agreement with Diehl Aerosystems to jointly design, manufacture and install the first serial produced 3D-printed cabin plastic part on an aircraft for one of its customers. Additive manufacturing – commonly referred to as 3D-printing – reduces lead time in design, decreases production cost of and enables speedier manufacturing. Etihad …