Dubai / WAM The Ministry of Energy and Infrastructure (MoEI) announced the launch of the “UAE Maritime Network” initiative, which aims to support international maritime organisations and promote the UAE as a global maritime hub and an ideal environment for maritime investments. The initiative supports the ministry’s efforts to enhance the position of the UAE’s maritime sector globally. The ...

  Dubai / WAM Noor Dubai has resumed its humanitarian activities in Nepal by conducting an eye camp to screen and treat eye diseases, primarily Cataract. The UAE-based NGO launched the seven-day eye camp on in partnership with the Nepal Netra Joyti Sang hospital. According to the available data, Nepal was one of the first countries to conduct a nationwide ...

  NEW DELHI / WAM Hoping to learn from the UAE’s experience in jungle and desert safaris, Manohar Lal Khattar, Chief Minister of the Indian state of Haryana, is in the northern emirates on a two-day visit. He will visit Dubai Safari Park and Sharjah Safari with a team of high-level officials from Haryana’s Tourism and Wildlife Department, officials in ...

  ABU DHABI / Gulf Time Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has launched its latest routes to Turkey’s capital and the second most populous city in the country, Ankara. This step reaffirms the airline’s commitment to provide travellers with the opportunity to explore numerous experiences across many destinations within its network. The new routes ...

The £40 billion ($43 billion) plan announced in the first days of Liz Truss’s government to bolster energy traders remains a black box. Who benefits, at what cost and under what conditions is a mystery the Treasury and the Bank of England have yet to explain — with three weeks to go until the fund is formally launched. The Energy ...

In 2016, Alan Jope did an energetic workout with the host of the “Spartan UP!” motivational podcast series, at one point even doing burpees. But the longtime Unilever Plc executive turned out to be less of a corporate action man. The maker of Marmite and Magnum ice cream said that Jope would retire at the end of next year. The ...

  In 1961, a boxy sedan called the Ford Cortina kicked off Thailand’s auto industry with local workers assembling the cars using parts shipped from Britain. A few years later, Toyota Motor Corp. and Nissan Motor Co. set up factories, launching a decades-long expansion that made the country Asia’s third-largest — and the world’s No. 10 — auto manufacturer. That ...

  Amid the stir caused by President Biden’s plan to cancel student loan debts, far too little attention has been paid to another far-reaching reform: the administration’s change to a lending program known as income-driven repayment (or IDR). If widely applied, Biden’s proposal would provide additional relief to millions of borrowers — and make the US student loan system even ...

Bloomberg The Pentagon’s latest estimated cost to develop and procure the F-35 fighter jet, the world’s most expensive weapons program, has edged up to $412 billion from $398 billion, according to the Defense Department’s latest program report. The $398 billion estimate held steady for several years before the latest 3.5% increase, outlined in the Defense Department’s new Selected Acquisition Report ...

  Bloomberg Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialise, according to people familiar with the matter. The Cupertino, California-based electronics maker has told suppliers to pull back from efforts to increase assembly of the iPhone 14 product family by as many as 6 ...