Bloomberg Singapore Airlines Ltd. took delivery of the Airbus SE A350-900 ultra long range aircraft to start a non-stop service to New York, a journey of about 19 hours that will become the world’s longest. The first commercial flight between Singapore and Newark Liberty International Airport will be on October 11, Singapore Air said in a statement. This is the ...
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Cool Britannia fights to stay in fashion amid Brexit impasse
Bloomberg In the 1990s heyday of “cool Britannia,†designers John Galliano and Alexander McQueen ruled the runway, Burberry’s tartan was the design of the moment and model Kate Moss zipped around the globe to the tune of Oasis and the Spice Girls, sporting a Union Jack blazer. But the music has stopped and today’s fashion kids are more likely to ...
Read More »Coalition offered $17.6bn in aid to Yemen in three years
RIYADH / WAM The member countries of the Saudi-led Arab Coalition to Support Legitimacy in Yemen have provided a total of $17.6 billion worth of assistance in three years. “Out of this assistance, the Kingdom of Saudi Arabia, accounted for more than $11.5 billion,†said Dr Abdullah Al Rabeeah, the Supervisor-General of the King Salman Humanitarian Aid and Relief Centre, ...
Read More »China scraps trade talks as new US tariffs loom
Bloomberg China has called off planned trade talks with the US and is unlikely to sit down with Washington until after the mid-term elections, according to people familiar with the situation. Beijing has withdrawn a planned delegation to Washington next week, the people told Bloomberg. The Wall Street Journal earlier reported that China had scrapped plans to send Vice-Premier Liu ...
Read More »ADX chairs Arab Federation of Exchanges meet
ABU DHABI / WAM Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange (ADX), chaired the 43rd session of Arab Federation of Exchanges (AFE) meeting. The annual meeting of the AFE in its 43rd session took place in Abu Dhabi was attended a number of CEOs of Arab stock exchanges and chairmen of clearing and depository companies from all ...
Read More »FTA urges retailers to register for tourist VAT refund scheme
ABU DHABI / WAM The Federal Tax Authority (FTA), has invited retailers, outlets and shops registered for Value Added Tax (VAT), to register in the digital system of the Tax Refund Scheme for tourists, which will come into effect as of the fourth quarter of 2018. The authority cautioned that a retailer’s membership in the Tax Refund Scheme for tourists ...
Read More »DLD service centres serve 39,000 investors with value of AED131bn
DUBAI / WAM Dubai Land Department (DLD), has announced that its service centres across the emirate have served more than 39,000 investors, after helping them complete their investments with a total value of AED 131 billion during the period from January to August 31. In the latest report issued by DLD, the number of transactions provided in service centres during ...
Read More »Mohamed attends Saudi Crown Prince camel festival
Taif / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince, on Saturday, watched the concluding event of the Mohammed bin Salman Camel Race Festival, the largest race in the world, at Taif Camel ...
Read More »UAE celebrates 88th Saudi National Day
ABU DHABI / WAM The UAE on Saturday celebrated the 88th Saudi National Day, which falls on September 23, through a range of events and activities that will witness popular demand and official participation. This year’s celebration reflects the developments that have enabled Saudi Arabia to maintain its leading role in serving Arab and Islamic issues. Saudi Arabia began a ...
Read More »Strong ties accelerate pace of UAE-Saudi integration
Abu Dhabi / WAM Relations between the UAE and Saudi Arabia are going from strength to strength. In the backdrop of strong relations, a clearly defined roadmap is taking shape, reflecting the readiness of the two brotherly countries for full political, economic and military integration to confront the threats facing the region and to combat extremism and terrorism practiced, or ...
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