UAE Government invests billions in aerospace to diversify its economy and inspire Emirati youth

The UAE has invested US $22 Billion in growing its aerospace industry in just three years (since 2017) as part of its quest to become a leading state in the space sector. As a result, space tech companies like Precious Payload, an online service helping teams plan and execute missions to launch satellites to space, […]

India’s business sentiments see sharp gains in January

Mumbai (Bloomberg): A sharp pickup in India’s business activity in January signaled momentum returning to Asia’s third-largest economy, although a strong recovery still looks unlikely as consumer demand remains subdued. The dial on a gauge measuring so-called animal spirits showed activity accelerating for a second straight month, with most of the eight high-frequency indicators tracked […]

France willing to pitch in for Lebanon

Riyadh (Reuters): France is ready to support Lebanon financially – bilaterally or multilaterally – its finance minister said, warning against mixing economic recovery in the small Mediterranean state with US-led efforts to counter Iran in the region. “France always stands ready to help Lebanon. It has always been the case in the past and it […]

Bob Iger replaced as Disney CEO

San Francisco: Walt Disney Co. said Tuesday chief Bob Iger was handing off the top executive post after building the media-entertainment powerhouse into the undisputed Hollywood leader. Disney’s board named Bob Chapek, a 27-year veteran of Disney, the new chief executive, effective immediately. Iger, who has been CEO for more than 15 years, will assume […]