ABU DHABI / WAM Strata Manufacturing, a wholly owned company of Mubadala Development, celebrated the new batch of 105 nationals graduates of its Aerostructures Training Programme. Emiratis now account for over half of the total workforce in the company, supporting the national ambition of building a global aerospace hub in Abu Dhabi’s eastern city of Al Ain. The milestone ...

  Sharjah / Emirates Business The Sharjah World Music Festival 2017 (SWMF 2017) got off to an electrifying start with Emirati superstar Hussain Al Jassmi and Egyptian pop queen Sherine Abdel Wahhab rocking the audiences with a selection of their greatest hits until the wee hours of Saturday morning at Al Majaz Amphitheatre. The event was attended by Sheikh Sultan ...

  We’re all playing a guessing game. During the campaign, Donald Trump made many promises. But whether friend or foe, we don’t know what he will actually do. The result is a deluge of predictions from politicians, pundits, think tanks, lobbyists, economists and others. Here, for example, is the outlook of economists at Nomura Securities. Conceding enormous “uncertainty,” the economists ...

  Bitcoin is worth more than $1,000 for the first time since 2013, when it crossed that line very briefly. If one considers it a currency — which is open to debate — it would be the best-performing one in the world in the last 12 months: It has gained more than 150 percent against the US dollar. That’s a ...

  For seven years, Republicans have yearned to dismantle the Affordable Care Act. Now that they have the chance, they seem wholly unprepared to do it right. Much work is still needed to figure out how to avoid destabilizing the health-insurance system. Yet, in their hurry, leaders in Congress seem to want to skip that part. What’s the rush? Republicans ...

  It seems that the noise created over Russian hacking saga is not going to die down soon. The story that unravelled has the makings of a spy thriller. It all began in September 2015 with an FBI agent informing Democratic National Committee that FBI had identified a Russian-linked cyber-spy group in its network. It was followed by a Washington ...

  “Give me 50 days, friends,” Indian Prime Minister Narendra Modi asked citizens after he canceled 86 percent of the country’s currency notes. After December 30, if Indians saw his decision as flawed, he promised to “suffer any punishment.” But, he said confidently, if they could bear 50 days of disruption, they would have the “India of their dreams.” It ...

  China’s promise to shut down its commercial ivory trade by the end of the year is good news for Africa’s elephants. For the Chinese government, though, it creates a strange problem: what to do with its 40-ton stockpile of ivory, worth about $150 million. Although that may not sound like a lot, how China approaches that hoard may be ...

  This time of year is peak forecasting season — holiday retail sales, lists of stocks you should buy this year and, of course, market forecasts all keep economists, strategists and analysts busy. I always make time to mock some of the sillier approaches to prediction-making. Indeed, I have been doing this for so long that some pushback has developed ...

  Bloomberg Morgan Stanley, Wall Street’s biggest stock-trading firm by revenue, is cutting its global bonus pool for the equities division by as much as 4 percent and dismissing some employees after the industry’s results flagged last year, according to people with knowledge of the plans. The firm, which is set to pay annual bonuses next month, has been fine-tuning ...