November, 2017

• 14 November

  emaratech introduces ‘airport smart trolley’ at Dubai Airshow

  Dubai / Emirates Business emaratech launched a series of products that will soon be in action at the airports enhancing passenger experience as well as improving baggage handling efficiency during the 15th Edition of Dubai Airshow. emaratech’s Airport Smart Trolley comes with a web-based dashboard that allows the airport to locate and send notifications during shopping to individual passengers, channelise ...

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• 14 November

  Abu Dhabi to host biggest global telecom research conference

  

  Abu Dhabi / Emirates Business The Khalifa University of Science and Technology has on Tuesday announced that Abu Dhabi will host the Institute of Electrical and Electronics Engineers (IEEE) Global Communications Conference (Globecom) 2018, the world’s largest telecommunications research conference. The announcement was made during a press conference organized at the campus. To be held from December 9-13, 2018 at ...

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• 14 November

  IEA: US shale surge biggest oil and gas boom in history

  

  Bloomberg The supply surge from US shale oil and gas will beat the biggest gains seen in the history of the industry, the International Energy Agency predicted. By 2025, the growth in American oil production will equal that achieved by Saudi Arabia at the height of its expansion, and increases in natural gas will surpass those of the former Soviet ...

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• 14 November

  Egypt signs expanded $3.2 billion financing deal with lenders

  

  Bloomberg Egypt signed an expanded $3.2 billion financing deal with foreign banks, the central bank governor said, as it continues to bolster foreign reserves and prepare for about $14 billion of foreign debt repayments in 2018. The repurchase transaction, signed in November 2016 for one year, was increased from $2 billion, Tarek Amer said in an interview, without saying whether ...

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• 14 November

  Hydrogen may meet world energy needs by 2050

  

  Bloomberg The most abundant element may supply almost a fifth of global energy by 2050 and eliminate enough emissions to cancel out all the pollution in the US, according to a group of industrial companies from Royal Dutch Shell Plc to Toyota Motor Corp. Fuel-cell vehicles running on hydrogen, extracted from water using wind and solar power, may be used ...

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• 14 November

  China to account for a third of new wind, solar power by 2040

  

  Bloomberg The world’s worst polluter is leading the clean energy revolution, according to the International Energy Agency. China will account for a third of new wind and solar power installations and 40 percent of electric vehicle investments through 2040, the Paris-based agency said on Tuesday in its World Energy Outlook. Meanwhile, the country’s coal use peaked four years ago and ...

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• 14 November

  Solar companies grapple with shortage of key material

  

  Bloomberg Solar manufacturers are being battered by higher costs and smaller margins, after an unexpected shortage of a critical raw material. Prices of polysilicon, the main component of photovoltaic cells, spiked as much as 35 percent in the past four months after environmental regulators in China shut down several factories. That’s driving up production costs as panel prices continue to ...

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• 14 November

  India’s sugar output rebounds from seven-year low on rain

  

  Bloomberg Sugar production in India is set to bounce back from a seven-year low as the area planted to cane increases and rain boosts yields in the world’s top consumer. Production may total 25.886 million metric tons in the crop year that began on October 1, according to SGS SA, a researcher hired by Bloomberg to survey farmers during September ...

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• 14 November

  Amazon to sell some cloud assets to Chinese partner

  

  Bloomberg Amazon.com Inc. agreed to sell some of its Chinese cloud assets to its local partner but said it’s committed to a domestic market for internet-based computing that could be worth $30 billion. Beijing Sinnet Technology Co. will buy servers and other unspecified “operational assets” in the country’s capital from Amazon Web Services for as much as $302 million, it ...

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• 14 November

  Taiwanese firm Hon Hai’s profit falls due to iPhone X delays

  

  Bloomberg Hon Hai Precision Industry Co. posted a surprise fall in earnings amid technical hiccups that disrupted production of Apple Inc.’s 10th-anniversary iPhone. Apple’s main device-assembler reported a decline in net income to $696 million in the three months ended in September. That compared with the NT$37.2 billion projected. Apple’s decision to adopt technically demanding facial-scanning sensors for the iPhone ...

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