News

  Bloomberg Space-launch company United Launch Alliance (ULA) delayed the debut flight of its next-generation rocket, Vulcan, by at least a month to early May. Vulcan will be ready by mid-April but the mission’s main payload, a lunar lander built by Astrobotic Technology, can only launch within short, specific time windows each month, the company said in a press conference. ...

  Bloomberg Beyond Meat Inc surged in late trading after reporting fourth-quarter sales that exceeded expectations and the plant-based meat maker showed progress towards its goal of becoming profitable. Fourth-quarter revenue of $79.9 million was above the average estimate of $75.7 million compiled by Bloomberg. It surpassed expectations in US sales to retailers and restaurants, as well as in international ...

  Bloomberg Ericsson AB, one of the world’s biggest providers of 5G networking equipment, plans to cut 8,500 staff worldwide to reduce expenses after the market for its telecommunications gear stopped growing. The bulk of the cuts at the Swedish maker of mobile networks will take place during the first half of the year, although some will be in 2024, ...

  Bloomberg Domino’s Pizza Inc tumbled the most in more than a decade as delivery woes and softening demand caused fourth-quarter sales to fall short of Wall Street expectations and led management to cut targets for revenue growth. Shares of the pizza chain fell 12%, the steepest slide since 2010, while Papa John’s International Inc, which also reported soft North ...

  Dubai / Gulf Time Tabani Real Estate, a leading real estate company in Dubai, is proud to announce that it will be organising a grand real estate event in collaboration with Arada to launch the Jouri Hills Villas project in Dubai. The event is scheduled to take place on February 25, 2023, at the JGE Head Office in Arada ...

  Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), ordered the provision of AED20 million to implement the Ramadan programmes in Syria. He also instructed the ERC to offer the best services to Syrians and provide for their needs during the Holy Month ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has congratulated Sultan Hassanal Bolkiah MuÊ¿izzaddin of Brunei on the occasion of his country’s National Day. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, dispatched a similar message to the Sultan of Brunei on the ...

  Abu Dhabi / WAM Tawazun Council signed 10 deals, worth AED2.7 billion, with local and international companies on behalf of the Ministry of Defence on the fourth day of the International Defence Exhibition (Idex) and the Naval Defence Exhibition (Navdex) 2023. This makes the cumulative value of the deals Tawazun Council signed on behalf of the Ministry of Defence ...

Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, held a meeting with Xiana Mendez, Secretary of State for Trade at the Spanish Ministry of Industry, Trade and Tourism, and discussed strengthening the trade and economic cooperation. Emphasising the deep historic relations between the UAE and Spain, Al Zeyoudi pointed out that ...

Abu Dhabi / WAM As many as 1,536 farms have been certified by Abu Dhabi Good Agricultural Practices (AD G.A.P.), the local version of the Global Good Agricultural Practices Programme “Globalcap”, by the end of last year 2022. 751 farms (48.9%) are from Al Ain region followed by 521 farms (33.9%) from Al Dhafra region and 264 (17.2%) from Abu ...