India, robotics and space on the agenda at Dubai World Government Summit

Updated 11 February 2018
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India, robotics and space on the agenda at Dubai World Government Summit

DUBAI: Relations between India and the Arabian Gulf will figure prominently when 4,000 leaders from the worlds of business, politics and Hollywood celebrity descend on Dubai on Sunday for the formal opening of the 2018 World Government Summit.
Prime Minister Narendra Modi of India, which has been named guest country this year, will deliver the inaugural address on day one of the three day event, in a line up that also features the themes of artificial intelligence, robotics and space travel, which are among the UAE’s man policy priorities.
Mohamed Al-Gergawi, the UAE’s minister for cabinet affairs and the future, who will open the event alongside Klaus Schwab of the World Economic Forum, said the summit — now in its sixth year — “has become a permanent knowledge event available to all governments and their activities throughout the year. Through the summit, we seek to create new models for economic co-operation.”
More than 120 sessions will focus on the theme of the 2018 summit, “Shaping future governments.”
A special section of the event, entitled “From India to the world,” will discuss the country’s development in technology, innovation and services, highlighting India’s advances in health care and education.
Leaders of Indian business and public policy will address the question “Will India lead the global economy of the future?”
The UAE has the largest number of Indian immigrants and guest workers in the world.
In addition to the high-level policymakers at the event, Hollywood stars Robert De Niro and Forrest Whittaker will also lead panels on climate change and gender issues.
Some of the attendees gathered yesterday (Sat) for a series of informal sessions on the theme of “Happiness”, which the UAE has identified as the main aim of its public policy.
Christine Lagarde, managing director of the International Monetary Fund, will speak on the subject of “using the global recovery to create a fairer world,” but is also likely to discuss the recent turbulence in global financial markets. She warned in January — before the share price falls of last week — that there were still threats to the stability of the world financial system.
Adena Friedman, president and chief executive of the New York based Nasdaq stock exchange, will offer her opinions on “how to tame a volatile market.”
From Saudi Arabia, Bandar Hajjjar, president of the Islamic Development Bank, will participate in a discussion with other leading figures from the world of developmental finance on the theme “catalizing regional development.”
Sultan bin Suleyam, chairman of global ports business DP World, will be questioned on the issue of “smart trade, transport and logistics solutions.”
Four global awards have also been organized to coincide with the summit. The winners of the GovTech Prize, Best Minister Award, Edge of Government Innovation Award and Global Universities Challenge Award will all be announced at the event.


Paris Air Show: After Boeing showstopper, Airbus seeks order bounce

Updated 19 June 2019
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Paris Air Show: After Boeing showstopper, Airbus seeks order bounce

  • British Airways owner IAG signs letter of intent to buy 200 of its 737 MAX jets
  • Airbus is looking for up to 200 orders for the A321XLR, which is designed to open up new routes

PARIS: Airbus, reeling from the potential loss of a major customer for its best-selling A320neo as British Airways owner IAG placed a lifeline order for the grounded 737 MAX, prepared to hit back with more orders for its A321XLR on Wednesday.
The planemaker has been negotiating with US airlines investor Bill Franke whose Indigo Partners has also been known to place orders for multiple airlines within its portfolio and could reel it in for the Paris Air Show, industry sources said.
Airbus declined to comment.
After weathering intense scrutiny over safety and its public image, Boeing won a vote of confidence on Tuesday as IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been grounded since March after two deadly crashes.
The surprise order lifted the energy of a previously subdued Paris Airshow, where the talk had been of the possible end of the aerospace cycle, given the issues at both Boeing and Airbus as well as geopolitical and trade tensions around the world.
Australia’s Qantas Airways said on Tuesday it would order 10 Airbus new A321XLR jets and convert a further 26 from existing orders already on the Airbus books.
Airbus is also in talks with leasing company GECAS and has been trying to secure an eye-catching order for the A321XLR from American Airlines, though the world’s largest carrier does not typically make announcements at air shows.
Airbus is looking for up to 200 orders for the A321XLR, which is designed to open up new routes.