Abu Dhabi / Emirates Business Abu Dhabi-based investment and development firm Mubadala Development Company and Boeing [NYSE: BA] on Tuesday announced a new strategic agreement for collaboration on Research and Development (R&D) initiatives to further expand aerospace manufacturing capabilities in the UAE. The agreement spans over five years and will see Boeing join Mubadala’s existing R&D ecosystem in Abu Dhabi, ...

DUBAi / Emirates Business To coincide with International Women’s Day 2016 theme, du on Tuesday released poll results from the first ever Global Women’s Forum Dubai. During the event, which occurred at the end of February, prominent UAE female figureheads gathered at du’s Social Impact Hub and discussed social issues in the society. Youth empowerment topped the list, according to ...

Sunaina Rana / Emirates Business Nissan’s compact saloon, the Sentra, emerges as a highly competitive C segment to have an increase in its sales by one percent in 2015. The region has witnessed a fall in the sales of the C segment cars by 13 percent, but Nissan Sentra has appeared as a winner by increase in the sales by ...

DUBAi / Emirates Business Emirates National Oil Company (ENOC) has commenced a solar photovoltaic (PV) panel pilot project which aims to reduce carbon emissions and achieve over 50 percent savings in energy consumption at individual service stations. The project is being implemented at ENOC’s Dubai Media City filling station on Sheikh Zayed Road, as part of the rebuild scheme for ...

Jeddah / Emirates Business Investors from Saudi Arabia will have a unique opportunity to discover Turkey’s diverse real estate landscape and meet with leading local and international developers and market experts at the inaugural Cityscape Turkey exhibition, which will be held on March 24-26 at the Istanbul Congress Centre. The latest addition to the Cityscape portfolio of global events, the ...

Bloomberg U.S. commercial real estate prices dropped in January for the first time since 2010, a sign of weakening demand by investors after a six-year rally that pushed values to records. The Moody/RCA Commercial Property Price Index slipped 0.3 percent from December, Moody’s Investors Service said. The decline was led by office and industrial buildings, which each had a price ...

Bloomberg Two resort-style pools, with deckside cabanas. A beach volleyball court, professional-grade barbecues, and around-the-clock staff. Sounds like a good place for a college student to spend spring break—if she didn’t already live there. Purpose-built student housing such as the Stadium Centre apartments—the 710-bed complex described above, a short walk to Florida State University’s Tallahassee campus—has become increasingly upscale over ...

Bloomberg ‘Bring your mother-in-law to work’ day, ‘take your baby on your business trip’ programmes; longer paid maternity leaves and subsidized day care — companies in India, especially multinationals and tech firms, are rolling out initiatives to keep women from dropping out of the workforce when they get married or have children. As India’s government also prepares to extend mandatory ...

Bloomberg Embracing a groundswell of public outrage about toxic air ahead of annual legislative meetings last year in Beijing, China’s President Xi Jinping threatened to punish polluters with an “iron hand.” Fast forward a year, as delegates with China’s legislature meet again in the capital, and evidence suggests the iron hand may be loosening its grip, highlighting tension between the ...

DUBAI / Emirates Business Global chemical M&A deal values rose by 30% last year to $110 billion, a fourth straight annual increase, laying the ground for an all-time record spike in 2016 according to the fifth edition of A.T. Kearney’s Chemicals Executive M&A Report. The report provides an outlook for Chemicals M&A and analyses the progress of chemical M&A activity ...