INTERNATIONAL. Internal combustion engines are improving their ability to cut CO2 emissions at a lower cost than expected, and, as a result, carmakers should be able to meet 2020 emissions targets mainly through improvements to conventional technologies, according to a new report by The Boston Consulting Group.
The report, Powering Autos to 2020: The Era of the Electric Car?, was released recently.
Internal-combustion-engine (ICE) technologies offer the potential to cut tailpipe emissions of carbon dioxide by approximately 40% at a cost to consumers of US$50 to US$60 per percentage point of
UAE. New state-of-the-art software recognises the driver and learns their preferences. It can then offer a completely personalised driving experience and help prevent accidents by reducing driver distraction.
UAE. Overall market reached 1.9 million sales in 2013 with Saudi Arabia, UAE and Egypt accounting for 58% of the market; Sales now equal about 11% of Europe's volume, and growing faster than many other markets; The Challenge is how to grow profitably.
UAE. 75% expect an increase in spending over the next 12 months; UAE is top target for investing in capital projects and infrastructure, followed by Qatar and KSA; 54% of owners, and 43% of contractors consider the availability of skilled people as a top challenge.
UAE. KPMG foresees more private sector operators to be required to cope with the demands of the Dubai 2020 Expo; Investment in public transportation in the region over 10-15 years estimated at hundreds of billions of dollars.
UAE. Largest award ever for exploring the positive potential of civilian Unmanned Aerial Vehicles (UAVs) in improving people's lives;US1 million and AED1 million offered for international and local entries, respectively.
UAE."They will sharply lift the growth rate in the region and create hundreds of thousands of new GCC jobs, but more needs to be done to co-ordinate these projects at a regional level and to share the knowledge the GCC will acquire in megaproject delivery."
UAE. There has been increasing volumes of positive news surrounding the construction industry over 1H2014 and with the awarding of the Expo 2020 to Dubai, there is going to be concentrated activity in the infrastructure, and residential and non-residential sectors.
INTERNATIONAL. Janet Yellen is very different from any of her predecessors. She is likely the most dovish and politically leftist Fed Chair in the Central Bank's history; She sees the Fed's mission as a tool to promote progressive social policy.
INTERNATIONAL. Another sign of deteriorating relations between the United States and Russia; The Cold War treaty, ratified in 1988, was designed to eliminate ground-launched cruise missiles with ranges of 500 to 5,500 km.
EGYPT. EMC EMEA's leadership team shares key innovations and milestones of Egypt's Centre of Excellence; Reiterate commitment to customers and partners to help redefine the future of IT in Egypt, as "Third Platform" applications rise to prominence.
INTERNATIONAL. In a presidential statement, the 15-member body expressed strong support for a ceasefire, and urged all parties to accept and fully implement it into the Eid period marking the end of the Muslim fasting month of Ramadan and beyond.