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Dubai / WAM The aviation sector is a key pillar in enriching the national economy, said Sultan bin Saeed Al Mansouri, the UAE Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), in a statement on the upcoming Global Investment in Aviation Summit (GIAS 2019). The first edition of the summit will kick off in Dubai with ...

Dubai / WAM Mohammed bin Rashid Space Centre (MBRSC) announced hosting of the second edition of MBRSC Science Event, which will be held on January 21-22, 2019, in Madinat Jumeirah in Dubai. The event is under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, with the slogan “Imagine… Explore… ...

Bloomberg Donald Trump hasn’t ordered the Pentagon to withdraw troops from Afghanistan, a White House spokesman said, contradicting reports last week that he’s directed the military to pull 7,000 soldiers out of a conflict he’s long criticised. “The president has not made a determination to drawdown US military presence in Afghanistan and he has not directed the Department of Defense ...

Bloomberg The Mount Anak Krakatau volcano in Indonesia has shrunk to a third after a series of eruptions and a flank that collapsed triggered a tsunami a week ago that killed more than 400 people and injured several thousands. The height of the more than 90-year-old volcano has been reduced to about 110 metres from 338 metres after eruptions intensified ...

Bloomberg China’s alternative to the American-owned GPS extended its coverage beyond the Asia-Pacific region with a goal of becoming a dominating technology in the future, spurring gains in shares of related companies. The service, called Beidou, is now available in some parts of Europe and Africa within China’s Belt and Road initiative, spokesman Ran Chengqi told reporters in Beijing. The ...

Bloomberg The Trump administration is proposing that limits on mercury pollution from power plants are too co- stly to justify and no longer “appropriate and necessary,” a finding that could make it difficult to impose more stringent curbs in the future. For now, at least, the Environmental Protection Agency isn’t seeking to rescind the 2012 standards, responding to a clamour ...

Bloomberg Two years after the US Federal Trade Commission sued Qualcomm Inc, unleashing a series of existential challenges to the company’s business model, the chipmaker is about to get its chance to square the record. Lawyers for the regulatory agency and the company are set to begin presenting arguments on January 4 in a 10-day non-jury trial over claims that ...

Bloomberg Brazil’s top rental-car companies say a cultural shift towards sharing automobiles rather than owning them will bolster demand as growth quickens in Latin America’s largest economy. The three main providers of rental cars in Brazil have far outpaced the Ibovespa’s 11 percent advance in 2018. Cia de Locacao das Americas is up 85 percent, Localiza Rent a Car SA ...

GROZNY / WAM President Ramzan Kadyrov of the Chechen Republic received a delegation from Khalifa Fund for Enterprise Development (KFED), led by Hussain Jasim Al Nowais, Chairman of the Fund, and lauded the friendly relations and cooperation between the Chechen Republic and the UAE, and the success of these relations that support shared interests in various fields. “Zayed Fund for ...

AMMAN / WAM The UAE, represented by the Telecommunications Regulatory Authority (TRA), has chaired the 24th meeting of the Arab Spectrum Management Group (ASMG), which took place in the Jordanian capital Amman, with participation of 14 Arab countries. The meeting discussed a number of important topics related to preparation for the World Radiocommunication Conference (WRC), as well as other relevant ...