Abu Dhabi / WAM As the UAE marks Innovation Month in February, Abu Dhabi’s renewable energy company, Masdar, is accelerating the commercialisation of clean technologies at home and abroad. Established in 2006 to help maintain Abu Dhabi’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations, ...

Abu Dhabi / WAM Emirates Global Aluminium (EGA), on Sunday announced that its emissions of perfluorocarbons were at a record low for the company in 2017. EGA has signed an agreement with the University of New South Wales to research how to carry out further reductions. Perfluorocarbons, known as PFCs, are a group of greenhouse gases which have thousands of ...

Dubai / Emirates Business More than 300 media experts from around the world will convene in Dubai next week for the 13th edition of the World Association of Newspapers and News Publishers (WAN-IFRA) Middle East Conference, organised in association with Dubai Production City (DPC). Set to run from February 28 to March 1 at The Westin Dubai Mina Seyahi Beach ...

LONDON, AUSTIN and DUBAI Emirates Business In its efforts to continue pioneering innovative banking solutions, UAE’s leading financial institution, Mashreq, announced that it is working with Blue Prism to increase productivity, improve customer experiences and deliver new services. Mashreq selected Blue Prism’s secure, scalable and easy-to-use Digital Workforce to deliver greater operational efficiencies, higher accuracy and a massive reduction in ...

Bloomberg Bulls wondering if a rally would ever hold again got an answer on February 23, as a rousing advance in the S&P 500 salvaged the week and nearly erased losses from the worst day of the February selloff. Following three days in which every gain proved ephemeral, the 1.6 percent surge left the benchmark gauge for US equities up ...

Bloomberg Austria’s finance ministry is looking at the trading rules for gold and derivatives as inspiration for drawing up regulations on cryptocurrencies for the nation and for the European Union (EU). The goal is to prevent Bitcoin and similar virtual currencies from facilitating money laundering—a crime that’s no stranger to the precious metals business— and to bring trading platforms under ...

Bloomberg Pratt & Whitney succeeded in tamping down the latest crisis to threaten its $10 billion next-generation jet-engine program, with a temporary fix that will keep Airbus SE planes flying until a permanent solution is found. Pratt, a unit of United Technologies Corp., scrapped a newly introduced seal that caused engine vibrations and took almost a dozen Airbus A320neos out ...

Bloomberg British Airways owner IAG SA is following European rivals in a capacity splurge led by an expansion of its low-cost Level and Aer Lingus long-haul divisions, while going on the offensive in Europe. The shares fell as much as 3.9 percent in London, mirroring the reaction when rival Air France similarly said this month that it would charge ahead ...

Bloomberg Subway Restaurants, facing one of the biggest sales slumps in its five-decade history, is looking to win back customers with a new incentive: $2 discounts through a revamped loyalty program. The sandwich chain will let diners use their loyalty rewards on any menu items, lifting restrictions under the current programme. The new system, which will expand to 28,500 US ...

Bloomberg Delta Air Lines Inc. and United Continental Holdings Inc. became the latest companies to cut ties with the National Rifle Association after a call to boycott the lobbying group became a top trend on Twitter. The online furor continued into the weekend after the NRA’s leaders attacked the media and Democrats, claiming the fallout from last week’s Florida high ...