Pursuing both government and commercial contracts, Yahsat maintains diverse strategy

Dubai: Yahsat, the Abu Dhabi-based satellite operator, said on Tuesday it was working with a number of international manufacturers to develop new technologies for its government clients. The company, which is owned by Abu Dhabi sovereign investment fund Mubadala, says it exhibited prototype technologies to military customers at the International Defence Exhibition (Idex) last month. […]

Honda re-recalls 1 million cars in US with defective airbags

Washington: American Honda is once again recalling a million cars in the United States after it found that replacement parts to fix defective Takata airbags were also defective, the company said Tuesday. The company said it will replace the defective airbags in 1.1 million Acura and Honda models ranging from 2001 to 2016 model years. The […]

Revealed: Over 8,000 jobs open in Dubai in one month; industries hiring include real estate, construction, hospitality

Dubai: More than 8,000 job vacancies opened in Dubai in the month of February alone, as new businesses continue to set up shops in the emirate, the latest official statistics show. According to the Department of Economic Development (DED), the jobs have been created by new businesses that have just secured a permit to operate in […]

No EU tax haven blacklist today, chairman Romania says

Brussels: European Union finance ministers are unlikely to adopt a new blacklist of tax havens at their monthly meeting on Tuesday, the meeting chair, Romanian Finance Minister Eugen Teodorovici, told reporters. The largest review of the blacklist since its adoption in December 2017 is expected to see the number of listed jurisdictions triple from the […]

List of countries that have banned the Boeing 737 Max 8

A growing number of airlines grounded a new Boeing plane involved in the Ethiopian Airlines disaster as a global team of investigators began picking through the rural crash site on Tuesday. Some airlines cited worried customers for grounding the Boeing 737 Max 8, as experts chased details on why the plane crashed shortly after takeoff […]