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Jakarta opens mass rapid transit system

Indonesia’s capital inaugurated its first mass rapid transit system on Sunday, a $1.1 billion project seen as crucial to tackling some of the world’s worst traffic congestion. President Joko Widodo and other officials joine

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MAX anti-stall software fix ready

A fix to the anti-stall system suspected in the crash of a Boeing 737 MAX 8 jet that killed 189 people in Indonesia is ready, industry sources said Saturday, as the company tries to avoid a lengthy grounding of its planes. Boeing was d

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Sri Lanka opens work on $3.85bn refinery

Sri Lanka began construction yesterday of a nearly $4 billion oil refinery it hopes will revive foreign interest in its shipping facilities after Beijing’s takeover of a nearby port spooked international investors. Prime Minister

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Responding to the Need for Change

When an organization faces challenges from direct-competitors, the marketplace or from transformations in the far environment such as new competition from disruptors, leaders have no choice but to manage through these challenges and lead change. But change always involves high levels of resistanc

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Ebdaa Bank plans to adopt technology solutions: CEO

Ebdaa Bank, a micro-financing bank in the Kingdom, has announced plans to implement innovative technology solutions, within the bank, in a bid to benefit from Bahrain’s position as a regional center for financial technology. The bank also said it is currently looking forward to cooperating

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GPIC exceeds production targets

Gulf Petrochemical Industries Company (GPIC) exceeded all its production targets for 2018, announced Chairman, Dr Ahmed Ali Al Sharyan. The company, Dr. Al Sharyan said, achieved new records by the end of 2018 which includes an increase of 20,000 metric tons over the original target in Urea produ

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Xi says new Silk Road runs both ways

Chinese President Xi Jinping sought to allay Western unease over his new Silk Road initiative yesterday by emphasising the vast infrastructure project’s two-way nature as he kicked off a whistlestop European tour in Rome. Italy h