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
QATAR. The Louis Berger Egis Rail Joint Venture has been commissioned by Qatar Railways Company to provide project management consultancy services for all elevated and at-grade sections of the Doha Metro project.
INTERNATIONAL. In an open letter, the chairman of the company confirms work on "a car that offers the luxury of a Rolls-Royce in a vehicle that can cross any terrain." "This new Rolls-Royce will be Effortless ... Everywhere."
UAE. The third quarter 2014/15 showed a good level of orders, fuelled by small to mid-sized contracts; Company confirms full-year guidance of a high single digit organic sales growth and an operating margin (after corporate costs) over 5%.
UAE. Spanning 7 km, Dubai Trolley is a new electric-powered transit service for Downtown Dubai residents and visitors; Will offer easy connectivity to Burj Khalifa, The Dubai Mall and the upcoming Opera District.
UAE. Less than 0.15% of the dividends of GCC-listed companies and 0.59% of those of the UAE's dividends invested in tech start-ups vs. 5% in the USA; UAE invests 4x more of its public companies' dividends in tech start-ups.