Bloomberg Growing optimism about the next iPhone has propelled Apple Inc. to record highs. Halfway around the globe, a lesser-known Taiwanese company is riding that same wave of euphoria. Hon Hai Precision Industry Co., the main assembler of the US company’s smartphones, has gained 29 percent in the past year, with its shares touching a decade-high on optimism about …

  ATLANTA / AP Self-driving vehicles could begin tooling down a bustling Atlanta street full of cars, buses, bicyclists and college students, as the city vies with other communities nationwide to test the emerging technology. Atlanta would become one of the largest urban areas for testing self-driving vehicles if plans come together for a demonstration as early as September. Nationwide, …

  Dubai / Emirates Business In moves furthering its dominance in the Cloud, Veeam® Software, the innovative provider of solutions that deliver Availability for the Always-On Enterprise, is strengthening its Cloud business with more senior leaders, new innovations and initiatives to ensure its ecosystem of more than 14,300 global Veeam Cloud & Service Provider (VCSP) partners and 45,000 resellers will …

  ABU DHABI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Omar Hassan Al Bashir of Sudan, attended the unveiling of the ‘Rabdan’ …

  ABU DHABI / WAM The UAE Central Bank announced that the money supply aggregate, M1 (currency in circulation outside banks and monetary deposits in current accounts and call accounts at banks), increased by 1.3 percent, from AED474 billion at the end of December 2016, to AED479.9 billion at the end of January, 2017. The money supply aggregate, M2 (M1 …

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday opened the thirteenth edition of the International Defence Exhibition and Conference (IDEX 2017) the …

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have received heads of delegations participating in the 13th edition of the International Defence Exhibition …

  Abu Dhabi / WAM UAE company, Siham Al Khaleej Technology (SAKT) together with Leonardo, the Italian high-tech company in aerospace, defence and security and MBDA, jointly owned by Airbus Group, Bae Systems and Leonardo, have unveiled a new combined Anti-Air and Anti-Surface Weapon System, SIHAM3, a naval defence system, at Navdex 2017. The companies say that the cost-effective weapons system …

  Abu Dhabi / WAM NIMR Automotive, a subsidiary of Emirates Defence Industries Company (EDIC), has launched its newest vehicle line, the Rapid Intervention Vehicle (RIV) at the International Defence Exhibition and Conference 2017 in Abu Dhabi. During its unveiling, NIMR’s CEO Dr Fahad Saif Harhara said, “We have listened carefully to the special operations community and incorporated their combat experience …

  Abu Dhabi / WAM Advanced Armour Engineering has announced plans to invest in the fabrication of armoured hulls from its manufacturing facility in the UAE, at the IDEX 2017. AAE is a British owned and managed steel fabrication company which specialises in subcontract steel processing of laser cutting, bending and welding of blast and ballistic steel components for Armoured vehicle …