Tuesday, August 21, 2018

UAE woos investors in space industry

Virgin Galactic's SpaceShip (Image from Space.com) The UAE Space Agency announced plans aimed at attracting private investors in the country’s developing space industry. According to Dr. Mohamed Nasser Al Ahbabi, chief of the UAE Space Agency, they...

MENA solar demand to grow by 170%

The Middle East and Africa is set to enjoy a year-on-year PV demand increase of 170%, according to GTM Research. In its latest regional breakout, deployment is expected to land at 3.6GW this year spiking...

GKN Obtains STC from EASA for ADS-B Out Modification on Boeing 737s

GKN Fokker Services has received the Supplemental Type Certificate (STC) from EASA for its ADS-B Out modification for Boeing Next-Generation 737 aircraft. ADS-B Out (Automatic Dependent Surveillance - Broadcast) is a common system on-board...

Saudi Aramco, Malaysia’s Petronas Tap Banks for Jumbo Financing

Saudi Aramco and Petronas have approached banks to replace a short-term $8 billion loan raised earlier this year for a joint venture with long-term financing of approximately the same size.   DUBAI/HONG KONG, Aug 7 (Reuters)...

Lava, Adunic and Facts and Fiction to deliver German Pavilion at Expo 2020 Dubai

Construction Posted on August 19, 2018 Koelnmesse is organising and will run the German Pavilion at...

MIDEAST STOCKS-Gulf stocks slide on volatile oil, property

Gulf stocks were mostly lower, asvolatile oil prices hit petrochemical and energy firms in theSaudi market, while lower-than-expected earnings of propertyfirm Aldar Properties weighed on the Abu Dhabi market. Read More At Article Source...

Saudi puts its money on tech as it prepares for life after oil

Mon, Aug 13, 2018 - 5:21 PM The world's biggest crude exporter is future-proofing itself against oil's decline by investing in futuristic technologies. Saudi Arabia has accumulated a stake in electric car maker Tesla...

Toronto’s Hi Thanks Bye gets top billing at London Design Fair

Opening in September, London Design Fair 2018 will be a truly global affair, with the strongest presence of international exhibitors to date. From Denmark to Dubai and Sweden to South Korea, the Fair promises...

Yacht catches fire in Dubai’s Port Rashid

Staff writer Thursday 09 August 2018 A yacht has caught fire in Dubai’s Port Rashid Marina, Dubai police...

Egypt’s non-oil private sector grows in July – PMI

CAIRO, Aug 12 (Reuters) - Egypt’s non-oil private-sector activity increased in July, posting rare positive growth in the first month of the new fiscal year, a survey showed on Sunday. The Emirates NBD Egypt...