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Etihad, China’s CGO team up to create ‘Air Silk Road’

  ABU DHABI / Gulf Time Etihad Airways, the national airline of the UAE, and Henan Province Airport Group, the parent company of the Zhengzhou Xinzheng Airport (CGO) — an important domestic aviation hub and the gateway to the central region of China — aim to establish a strategic partnership to strengthen aviation ties between the UAE and China. This ...

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Climate-driven extreme weather cost hundreds of billions in 2021

  Bloomberg Ten of this year’s most destructive weather events cost a combined $170 billion in damages, according to a new study. Hurricane Ida, a tropical storm that pummeled much of the eastern US with lashing rain in August, killed at least 95 people and cost the economy $65 billion. A month earlier, floods in Europe caused 240 deaths and ...

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ADGM to adopt Monday to Friday working week

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) has announced that it will commence a Monday to Friday working week from January 1, 2022, with Saturday and Sunday as the universal weekend. With the new working week, the UAE brings its business community and financial sector closer to global markets and real-time economic and trading activities. In support ...

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