BLOOMBERG Joanna Geraghty, the next chief of JetBlue Airways Corp, spoke of having “the gift of grit” in a commencement address in 2020. She’s going to need it. JetBlue said it would appeal a federal judge’s decision to strike down its proposed acquisition of Spirit Airlines. The decision to appeal now sets up Geraghty, who officially takes over Jetblue in ...

ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced it would commence operations at the Abu Dhabi International Arbitration Centre (arbitrateAD) from February 1. This strategic initiative aligns with the chamber’s commitment to fortify Abu Dhabi’s standing as a pre-eminent global hub for arbitration. At the forefront of international dispute resolution, arbitrateAD signifies a paradigm ...

DUBAI / WAM Dubai Investments has invested an equity stake of 34.3 percent in Global Fertility Partners (GFP), a leading network of fertility and reproductive genetics centres across the Middle East. GFP has secured approximately $60 million in equity financing, giving it the financial backing required to expand its network of fertility and women’s health centres across Mena. GFP aims ...

ABU DHABI / WAM Counselor Yousef Saeed Al Abri, Undersecretary of the Abu Dhabi Judicial Department (ADJD), conducted a field inspection visit to the penal and correctional institutions in the Emirate of Abu Dhabi. The purpose of the visit was to examine the workflow and procedures, as well as to closely monitor the quality of care, rehabilitation, and reform offered ...

ABU DHABI / WAM AD Ports Group has announced that Noatum, which leads the group’s Logistics Cluster, has launched Noatum Logistics Middle East, the company’s new brand that solidifies its commitment to delivering market-leading logistics services within the Middle East region. The new brand takes over from MICCO Logistics, which has served the Abu Dhabi and the GCC markets with ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE) today announced that it has reached an agreement with Turkish Airlines for the lease of 10 new Boeing 737-8 aircraft. The aircraft are scheduled to be delivered in 2025. Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of DAE, said, “We are delighted to further deepen our already strong and long-term relationship ...

DUBAI / WAM The United Arab Emirates and Albania explored avenues for stronger collaboration in support of the Olympic movement during a meeting between officials from both nations. Fidel Ylli, President of the Albanian National Olympic Committee, met with UAE National Olympic Committee (UAE NOC) Board members, including Major General Dr. Mohammed Al Murr, Ahmed Abd El Malik, Qais Al-Dhalai, ...

ABU DHABI / AD MEDIA OFFICE Under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, Abu Dhabi Marine Festival Dhow Sailing Race 43ft will take place on February 1. Organised by Abu Dhabi Sailing Club, as part of Abu Dhabi Marine Festival, the race will begin from the east of Al ...

BLOOMBERG Markets opened the week on a cautious note as investors readied for central bank updates on the outlook for interest rates and braced for a deluge of earnings. Oil prices rose amid escalated tensions. Europe’s Stoxx 600 index held near the highest level since January 2022, supported by rallying energy shares. Futures contracts for the S&P 500 and the ...

BLOOMBERG China will halt the lending of certain shares for short selling from Monday, the securities regulator announced, in a move to support the country’s slumping stock markets. Strategic investors won’t be allowed to lend out shares during agreed lock-up periods, the Shanghai Stock Exchange and Shenzhen Stock Exchange said in separate releases following the China Securities Regulatory Commission’s statement. ...