Dubai / WAM The UAE has successfully become an established space player, an international space advocacy organisation said on Wednesday. Speaking with the Emirates News Agency (WAM), Pascale Ehrenfreund, President of the International Astronautical Federation (IAF), said the space sector has become extremely vibrant as more emerging countries and commercial players are entering it. “I think the UAE is not ...

ABU DHABI / WAM The UAE has adopted state-of-the-art technologies to ensure the sustainability of water resources that are mainly fed by precipitation, as part of the country’s leading role in tackling the most pressing global issues that demand urgent action including water security. Cloud seeding plays a crucial role in reengineering the planet earth through mitigating drought, enhancing water ...

Abu Dhabi / Emirates Business A government delegation from Telangana, India, headed by Mrs Kavitha Kalvakuntla, Member of Telangana Rashtra Samithi and daughter of the chief minister of Telangana, visited Dr Mubarak Hamad Marzouq Al Ameri, Chairman of the Board of Directors of Green Gate Investment Company, in his residence in Al Ain. They discussed mechanisms of investment and economic ...

Ajman / WAM The first edition of Al Murabbaa Arts Festival, organised by Ajman Tourism Development Department (ATDD), kicks off on Thursday, featuring an elite group of contemporary art pioneers and creative minds from across the UAE. The event is being held under the patronage of HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of ...

Aggressive, no-holds-barred shareholder activism has met with plenty of cultural resistance in Asia, most notably in Japan and South Korea. Now, it’s India’s turn to curb American investors’ enthusiasm. Or so it would seem from the latest twist in the fight over Zee Entertainment Ltd, the country’s largest publicly traded television network. “Sometimes, it happens that a company must be ...

Sharjah / Emirates Business As part of its continuous efforts to promote Sharjah’s investment landscape across its tourism sector and showcase its upcoming projects and new partnerships, the Sharjah Investment and Development Authority (Shurooq) will be participating in the World Travel Market 2021, to be held as a hybrid event – physical and virtual – in London, from November 1 ...

Microsoft Corp is in the technology sweet spot. With another stellar quarter fueled by growth of the cloud computing business, the software giant is showing that it could have the best fundamental outlook among its tech giant peers. The company said revenue totaled $45.3 billion in its fiscal first quarter, a jump of 22% from a year earlier and more ...

The European Central Bank (ECB) policy meeting was meant to be a snoozer. The important decisions on post-pandemic monetary stimulus aren’t really expected until the quarterly review on December 16. However, the recent sharp rise in short-end yields will probably compel ECB President Christine Lagarde to come up with dovish smooth-talk. It will take all her considerable political skills to ...

Bloomberg Avianca Holdings SA asked a judge for permission to exit bankruptcy under a plan that the airline says will eliminate about $3 billion in debt and preserve over 10,000 jobs. Latin America’s second-largest airline before the pandemic presented its restructuring plan at a hearing in New York. If approved, the 102-year-old company is eyeing an exit from bankruptcy this ...

China’s Communist leaders have always been comfortable with contradictions. How else could a party that rules in the name of Marxism-Leninism have created a country with more billionaires and wider income disparities than many capitalist democracies? It’s even baked into the governing ideology, which sees dynamic opposing forces as ever-present, with society moving forward as these are resolved in a ...