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H.E. Dr. Khalifa Saif Al Mehairbi Honored as Best Global Real Estate Person 2023

DUBAI/ GULF TIME The Golden Entrepreneur Awards honored the Emirati businessman H.E.Dr. Khalifa Saif Al Mehairbi, Chairman of the Board of Directors of the Arab Gulf Investments Company, with the award for the Best Global Real Estate Person 2023. Additionally, the Arabian Gulf Investment Company was awarded the title of the Best Real Estate Investment Company 2023.The prestigious awards were ...

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An Innovative Expert in Medicine, Nutrition & Food Science Reveals a Groundbreaking Non-Surgical Fat Removal Solution

DUBAI/ GULF TIME With her unique approach derived from personal experience and extensive expertise, Cosmina Moldovanu, a distinguished professional with a remarkable background in health, food science, and aesthetics, is revolutionizing the world of non-surgical fat removal. Embarking on the Journey of Transformation and Discovering the Secret Armed with an impressive array of degrees, including a BSc in Medicine, Nutrition ...

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Canadian consumers slow their spending as rates bite

BLOOMBERG Canadian consumers likely slowed down their spending in November after splurging the previous month, as high interest rates restrict household budgets. Receipts for retailers were flat last month, according to an advance estimate from Statistics Canada released. That followed a 0.7% increase a month earlier, slightly below a median estimate of 0.8% in a Bloomberg survey of economists. Still, ...

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Alibaba ousts commerce chief, splits assets in shakeup

BLOOMBERG Alibaba Group Holding Ltd replaced one of its most experienced executives at the helm of e-commerce and plans to create a firm to oversee its investment assets around the world, the latest in a series of sweeping changes to roil the once-dominant Chinese online juggernaut. Chief Executive Officer Eddie Wu will replace Trudy Dai, one of an inner circle ...

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Festive things to do in uae

DUBAI / GULF TIME The Coffee Club – Festive Menu Throughout December, customers can experience the joy and warmth of the season with an exclusive lineup of festive limited-time desserts and beverages available across all outlets in UAE. Whether you’re a coffee connoisseur or just love a flavourful sip, The Coffee Club’s Pumpkin Spice Latte, Gingernut Latte, Swiss Caramel Latte, ...

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China to approve first Boeing 787 delivery since 2021

BLOOMBERG China has signed off on the first delivery of a Boeing Co 787 jet since April 2021, an indication strained US-China trade relations may be easing and a potential precursor to the more significant resumption of 737 Max deliveries. Juneyao Airlines Co, one of China’s largest privately run carriers, is poised to fly its newest 787 Dreamliner from North ...

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Ryanair wins EU fight over pandemic aid for Air France-KLM

BLOOMBERG Ryanair Holdings Plc won European Union (EU) court challenges against billions of euros of state aid for rival Air France-KLM, in the latest round of the Irish carrier’s campaign against allegedly unfair subsidies doled out during the Covid-19 pandemic. The EU’s General Court annulled the bloc’s formal approvals for the aid, saying regulators failed to vet the potential impact ...

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Sharjah Finance Department signs pact with FTA

SHARJAH / WAM The Sharjah Finance Department signed a memorandum of understanding (MoU) with the Federal Tax Authority (FTA) regarding the disclosure of information in the possession of the authority or its employees, determining the cases, in which it is permitted to disclose information and the associated procedures for monitoring, security, subsequent disclosure, and accuracy of information. Walid Al Sayegh, ...

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Southwest pilots to vote on contract for 50% raise

BLOOMBERG Southwest Airlines Co pilots will vote next month on a proposed new contract that would boost pay 50% over the five-year term of the deal and could end a multiyear round of negotiations and protests at the four largest US carriers. The board of the Southwest Airlines Pilots Association decided to send the agreement to its roughly 11,000 pilots ...

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Airline Shopping Spree Hands Airbus, Boeing Big Year of Orders

BLOOMBERG Airbus SE and Boeing Co are rounding out the year with a flurry of major orders, smashing records in one of the most active purchasing periods in recent memory that stretches their production lines well into the next decade. Deutsche Lufthansa AG said it ordered as many as 200 short-haul aircraft from the two manufacturers, in a deal the ...

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