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Qatar- SWFs an element of stability to global financial system (MENAFN)

Qatar- SWFs an element of stability to global financial system

SWFs an element of stability to global financial system (Khaleej Times)

ABU DHABI - The sovereign wealth funds (SWFs) are an important element of stability in the global financial system due to their long- term vision, said a senior official of Qatar Investment Authority (QIA).

All Gems buses to have GPS system (Khaleej Times)

DUBAI - Nearly 700 buses of 16 Gems schools, which transport about 40,000 students everyday, will be enabled with the Global Positioning System (GPS) to determine the location, speed, direction and time of each bus.

China PND market growing fast but lacking order (Digi Times)

The demand for GPS (global positioning system) PNDs (portable navigation devices) in the China market is increasing fast, with the sales volume of 389,900 units in the first quarter of 2008 rising by 19.2% on quarter and by 214% on year, according to China-based CCID Consulting.

Bidding starts to put EU's Galileo navigation system into space (Independent)

The European Commission kicked off plans yesterday for a rival to the United States' global positioning system (GPS) with calls for suppliers for €3.4bn-worth (£2.7bn) of hi-tech space-technology deals.