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Nema Education acquires Liwa College of Technology

  Abu Dhabi / WAM Nema Education, the academic arm of Nema Holding (formerly Abu Dhabi University Holding), has acquired 100% interest in Liwa College of Technology (formerly Emirates College of Technology). Liwa College of Technology joins several higher education institutions and professional training companies, including Abu Dhabi University (ADU), Knowledge Group (KG) and Khawarizmi International College (KIC), within Nema ...

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Enoc bans single-use plastics across its operations

  Dubai / WAM Enoc Group, announced on Monday that it has banned single-use plastics across its operations as well as in its head office, to align with the UAE’s vision of promoting an inclusive green economy. In March 2020, the Group announced that it will begin a phase-out of single-use plastics and today it has achieved a 100 percent ...

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Remarkable progress in Dewa’s 30 MIG reservoir in Hatta

  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has visited the water reservoir project Dewa is building in Hatta to review its progress. According to the project schedule, there is significant progress in the project’s work at 36.259% compared to the 32.6% target. The project has a capacity of 30 ...

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Now, ECB ain’t a bank that does inflation-targeting

Central banks have scarcely covered themselves in glory these past few years. Most have one goal and one goal only: to keep inflation low. In most countries, they have spectacularly failed at this job. In much of the developed world, inflation has reached many multi-year highs. I can’t think of a central bank whose record has been as lamentable as ...

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Is this the future of Japan tourism?

Tourists are coming back to Japan — but while in the past they were driving Mario Karts down the main streets of Tokyo, now they’re being asked to sit in groups distanced from locals at restaurants, and keep masks on while eating. For those eager to get back into Japan, the country’s first step towards reopening to tourists in the ...

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US should be paying more attention to Pacific

  China suffered a rare diplomatic setback when 10 Pacific Island nations deflected its offer of a sweeping trade and security deal. However, the rebuff won’t end China’s efforts to exert influence over these tiny and far-flung countries. The US needs to respond with equal resolve — or risk losing ground in a strategically vital region. Though lightly populated, the ...

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Europe is a vast idea. How does Ukraine fit in?

  If the leaders of the European Union listened only to their hearts, they’d fully embrace Ukraine into the bloc at their summit in Brussels this month. As French President Emmanuel Macron put it, “We feel in our heart that Ukraine, through its fight and its courage, is already today a member of our Europe, of our family and of ...

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Branson sees Brexit Britain in doldrums amid travel chaos

Bloomberg It’s not easy to wipe the trademark grin off Branson’s face, but one way is to ask the British billionaire about the challenges facing his home country. Speaking in Texas about Virgin Atlantic Airways’ bid to tap Austin’s tech boom with its first flights to the state, Branson’s ebullience fades when the conversation switches to the economic squeeze and ...

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Ryanair’s Spanish cabin crew call for 6-day strike

Bloomberg Ryanair Holdings Plc’s Spanish cabin crew unions have announced a strike in late June and early July after pay talks fell apart. Workers are set to strike on June 24, 25, 26 and 30, as well as on July 1 and 2, officials for the main Spanish crew unions USO and SITCPLA said in a press conference in Madrid. ...

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America’s inventory glut may look great for Overstock.com

  Bloomberg Overstock.com Inc is poised to take advantage of the inventory glut plaguing retailers like Target Corp and Walmart Inc. The e-commerce company specialises in helping chains liquidate slow-moving merchandise, and now it will have more opportunities than usual. US retailers racked up excess goods to ensure shelves stayed full during the pandemic. But now shoppers have shifted spending ...

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