ABU DHABI / WAM British nationals have invested $8.47 billion (AED31.1 billion) in Dubai’s real estate during the last four years (2014-2017), according to the statistics released by Dubai Land Department (DLD). The United Kingdom is one of the largest investment source markets for Dubai’s real estate. Following the Brexit vote in 2016 and subsequent move for separation from European …

Bloomberg Mexico has taken the first steps in the world’s largest annual oil deal, asking Wall Street banks and other traders for quotes to lock-in its income from production through next year, according to people familiar with the matter. The country has been asking counterparties this week for quotes to hedge output, the people said, asking not to be identified …

Bloomberg At Memphis International Airport, drones may soon be inspecting planes and delivering airplane parts for FedEx Corp. In Reno, Nevada, they will test airlifting life-saving defibrillators to patients. And customers in Virginia could get goods they ordered from Alphabet Inc.’s flying devices. A who’s who of technology and aviation companies won US approval on May 9 to push the …

Bloomberg Looking to sell its customers on the latest and greatest smart-home technology, builder Lennar Corp. flirted with Siri. Now it’s decided to go steady with Alexa. Lennar’s model homes — equipped with video doorbells, Sonos speakers and Amazon.com Inc.’s voice-activated Echo (known by its wake-word, “Alexa”) — will double as Amazon Experience Centers, the tech giant said. The builder, …

Bloomberg Wells Fargo & Co. is adding a new tool to make its mobile app easier to use as the bank tries to keep Silicon Valley innovators from stealing more customers. “Pay with Wells Fargo” will be an option on the app’s home screen that lets customers select their most commonly used features, such as the peer-to-peer payment service Zelle, …

Bloomberg NASA is working toward a future when humans will walk on the surface of Mars. But first it’s going to try flying a drone through the air. The Mars Helicopter, a small, self-flying aircraft designed specifically for the Red Planet, will be included in the space agency’s next rover mission in 2020 to beam back a birds-eye view of …

Bloomberg The most talked-about, futuristic product from Google’s developer show isn’t even finished — but it’s already stoking heated debate. At its I/O conference, Alphabet Inc.’s Google previewed Duplex, an experimental service that lets its voice-based digital assistant book appointments on its own. It was part of a slate of features, such as automated writing in emails, where Google touted …

Bloomberg Space Exploration Technologies Corp. launched its more reusable rocket for the first time, a major step forward in reducing the cost of the closely held company’s missions. The Falcon 9 Block 5 carried Bangladesh’s first geostationary communications satellite towards orbit. It’s the latest major upgrade by SpaceX to its workhorse rocket and is built to handle at least 10 …

Bloomberg Republican senators from five states with big solar farms are asking the Trump administration to exempt the workhorse of industrial solar panels from tariffs imposed earlier this year. The group of eight senators led by North Carolina’s Thom Tillis urged the administration to waive duties on 72-cell, 1,500-volt panels that are ideal for large ground-mounted “utility-scale” projects, according to …

Bloomberg PG&E Corp. said it has signed its first so-called community solar project, which allows customers who can’t install panels on their roofs the option of buying solar energy from a nearby facility. Residents will be able to purchase power directly from a 1.66 megawatt solar plant being developed by ForeFront Power in Fresno County, California, according to a PG&E …