Per capita gross domestic product is much higher in the US than in the other major developed economies, and no one really seems to be catching up. Life expectancy, on the other hand, is lower in the US than in those same peer countries — and the gap has been growing. In the past, one could argue that the …

  Few bigger challenges loom for Hong Kong’s new Chief Executive Carrie Lam than bringing down real-estate prices in the city, the world’s least affordable. Increasing the supply of available land may take time, so she could start with removing property curbs. They’ve done little to tame soaring prices and in fact have worked to create ever tinier apartments. Last …

  In his very first executive order, directing federal agencies to “waive, defer, grant exemptions from, or delay” various parts of the Affordable Care Act, President Donald Trump stated his intention to repeal the law. Two months later, with that effort in shambles, the order has become the administration’s entire game plan on health care. That’s not only inadequate, but …

  Thousands of Russians protested in many cities across the country against official corruption. It was apparently the biggest anti-government demonstrations since 2012, when the wave of protests against alleged vote-rigging led Kremlin enforce harsher laws to suppress dissent. People heeded the call of opposition leader Alexei Navalny, a bête noir of Russian President Vladimir Putin. Police have arrested hundreds …

  Abu Dhabi / WAM Abu Dhabi-based Mubadala Development Company, the Dubai Future Foundation and GEAdditive are uniting their collective expertise behind the establishment of the first Microfactory in the region, seeking to accelerate revolutionary additive design, customer innovation, digital manufacturing technologies and access to global problem solving within the United Arab Emirates. The Microfactory is expected to play a crucial …

  Abu Dhabi / WAM ZonesCorp unveiled plans for the development of ‘Rahayel City’, a new, world class, integrated ‘Auto Hub’ in Abu Dhabi. This major development, which was unveiled on Tuesday at the Global Manufacturing and Industrialisation Summit (GMIS), comes in response to a mandate by the Abu Dhabi Government to implement strategic plans to develop the automotive industry in …

  Dubai / Emirates Business Saudi Arabia’s leading logistics service provider – NAQEL has signed a Memorandum of Understanding with Dubai Trade, the premier trade facilitation entity in the UAE, to collaborate on education and training for the GCC Trade and logistics industry. Both organisations aim to provide training programmes and events to develop best practice and knowledge in the …

  Abu Dhabi / WAM A landmark pilot project between Siemens, Strata, the UAE’s advanced composite aerostructures manufacturing company, and Etihad Airways Engineering has successfully developed the first aircraft interior part to be designed, certified and manufactured with 3D printing technology in the Middle East, where the process will include training and skills development for UAE citizens. The part, a plastic …

  Abu Dhabi / WAM Julphar Gulf Pharmaceutical Industries expressed its intention to develop and expand in more than 34 countries around the world, consolidating its prominent position in the global pharmaceutical industry. Emirates News Agency (WAM) met with Dr Hosam Badr, Marketing Director at Julphar, on the sidelines of the Global Manufacturing & Industrialisation Summit (GMIS), where he spoke about …

  Abu Dhabi / WAM The United Arab Emirates reduced its oil production by nearly 200,000 barrels per day this month due to maintenance works, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, said in a statement on Tuesday. Al Mazrouei, who was speaking on the sidelines of the Global Manufacturing and Industrialisation Summit (GMIS 2017) in Abu Dhabi …