ABU DHABI / WAM Etihad Engineering has completed a six-year heavy maintenance check on the first in a series of Airbus A380 aircraft for its return to service after a period of secure ground storage. Preparing the A380 for its return to service at its state-of-the-art aviation Maintenance, Repair and Overhaul (MRO) facility in Abu Dhabi, Etihad Engineering carried out ...

DUBAI / GULF TIME Green Motors and SERES Group unveiled the revolutionary electric vehicle SERES 5 at W the Palm in Dubai on Tuesday during a luxury launch event in the presence of VIPs, media and industry leaders. The guests joined His Excellency Ahmed Ali Bin Khalfan Al Dhahery, Chairman of Green Motors, and John Zhang,   Chairman of SERES Group, ...

ABU DHABI / WAM The Abu Dhabi-based Knowledge Group, a regional subsidiary of “Nema Education” and a pioneer in training, development, and strategic consulting, offering comprehensive solutions to organisations and individuals across the Middle East and North Africa (Mena), has opened a regional office in Riyadh. The office opening aligns with the kingdom’s ambitious strategies for continuous developments in various ...

SHARJAH / WAM The real estate sector in Sharjah achieved a trading value of AED13.4 billion during the first half of 2023, with an increase of 19.2 percent compared to the same period last year. According to the semi-annual report issued by the Sharjah Real Estate Registration Department on the real estate in the emirate, there were 40,843 transactions in ...

ABU DHABI / WAM Tayba Al Hashemi, Chair of Adipec 2023 and CEO of Adnoc Offshore, said that Adipec 2023, the largest and most influential energy gathering of its kind, will connect the energy industry leaders, innovators, policymakers and consumers to accelerate the credible solutions needed to tackle the biggest challenges of the journey to a net zero world. In ...

ABU DHABI / WAM The UAE, represented by the Federation of UAE Chambers of Commerce and Industry (FCCI), participated in the 35th meeting of the Board of Directors of the Islamic Chamber of Commerce, Industry and Agriculture (ICCIA), which was held in the Azeri capital, Baku. The two-day event co-organised by the National Confederation of Entrepreneurs (Employers) Organizations of the ...

AJMAN / WAM His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, commended the high level of professionalism reached by the UAE Armed Forces under the strategic vision of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Supreme Commander of the UAE Armed Forces. Sheikh Ammar said the UAE Armed Forces had made a paradigm shift ...

BLOOMBERG Ola Electric Mobility Pvt is in line for an initial public offering (IPO) sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021. “I thought it would take me four to six years of revenue to go public,” Founder and Chief Executive Officer Bhavish Aggarwal said ...

BLOOMBERG China’s economic recovery lost momentum in the second quarter, adding to risks for the world economy as Beijing hints that any stimulus measures will be targeted rather than broad. Gross domestic product (GDP) grew at a slower-than-expected pace of 6.3% in the second quarter compared with a year earlier, when dozens of Chinese cities were in lockdown, but just ...

BLOOMBERG  Deutsche Bank AG has drawn fresh criticism from the European Central Bank (ECB) over foreign-exchange (FX) sales even after the lender completed an internal probe into past practices that led to initial changes. An ECB supervisory team has told Deutsche Bank that it needs to improve oversight and checks at its business that pitches FX derivatives such as swaps ...