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  Abu Dhabi / WAM International Golden Group (IGG) the Abu Dhabi-based supplier of high-end defence and Security Systems, signed four agreements for joint cooperation in the supply of defence systems with global companies including Automotive Development, Sub Aviators, Denel Land Systems and Hirtenberger Defence International on the last day of IDEX 2017. The progressive Armored Vehicle Provider Automotive Development, has ...

  Abu Dhabi / WAM Visitors to the International Defence Exhibition and Conference (IDEX) 2017 praised its acquired international and regional prestige as one of the main international specialist exhibitions that presents the latest technologies and technical innovations in advanced defence weaponry and military equipment production. They highlighted the exceptional presence of UAE companies in the exhibition, which is considered a ...

  Abu Dhabi / WAM The 14th edition of the International Defence Exhibition and Conference (IDEX) and the fifth edition of the Naval Defence Exhibition (NAVDEX) will be held from February 17-21, 2019, organisers of these biennial defence shows announced on the fifth and final day of this year’s events. Naval Staff Colonel Fahed Nasser Al Thehli, Official Spokesperson of NAVDEX ...

  Abu Dhabi / WAM Since its inception in 1992, the Tawazun Economic Council has been working to fulfill the vision of the UAE, in line with the UAE’s government directives and under the guidance and support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The ...

  Abu Dhabi / WAM Abu Dhabi-based Al Heya Special Glass Factory launched its first ‘Made in UAE’ blast and bullet resistance glass at IDEX this week, hoping to catch the GCC and MENA region markets through its maiden appearance. The company briefed visitors to its stand on tests carried out last month to check the endurance of the glass, describing ...

  Reuters Cairo’s main stock index retreated on Thursday after Reuters reported the finance ministry would recommend a tax on stock exchange transactions. In Gulf markets, banks were a drag on most bourses as minutes from a US Federal Reserve meeting showed little support for a March rate rise. Gulf currencies are pegged to the US dollar, so policy rates ...

  Bloomberg The dollar continued to fall on Thursday after minutes from the most recent Federal Reserve meeting showed officials were confident they could raise rates gradually without triggering short-term inflation. Oil rose to a seven-week high and stocks were up slightly at the open. The S&P 500 Index rose .10 and Dow Jones Industrial Average was up .12 percent ...

  Some American disasters come as bolts from the blue — the stock market crash of October 1929, Pearl Harbor, the designated hitter, 9/11. Others are predictable because they arise from arithmetic that is neither hidden nor arcane. Now comes the tsunami of pension problems that will wash over many cities and states. Dallas has the fastest-growing economy of America’s ...

  A payment system is to an economy what plumbing is to houses: The only time people talk about it is when it’s not working. That’s been the case in India since the government’s demonetization decision on Nov. 8. While that shock gutted commerce, it also upended the payment method of choice: cash. A simmering tension between two systems is ...

  President Donald Trump’s rocky start should come as no surprise. He has no experience in government or large organizations — his company is a small family office that employs a few dozen people. Before finding success through television and licensing deals, his career was defined by a series of failures and bankruptcies. The image he has cultivated for himself ...