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Emirates to ramp up flights ahead of Hajj, Eid Al Adha surge

DUBAI / WAM With the commencement of the Hajj season and upcoming Eid Al Adha celebrations, Emirates is layering on additional flights to key regional destinations to meet significant travel demand during this special period. As the Kingdom of Saudi Arabia lifts all Hajj travel restrictions for the first time in three years, Emirates has deployed additional flights for pilgrims ...

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EU sees hurdles to seizing $219bn in Russian assets

BLOOMBERG The European Union (EU) has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focussing on using those assets temporarily, according to a document obtained by Bloomberg. The EU is zeroing in on two options as it keeps exploring how it could harness more than €200 billion ($219 billion) in frozen Russian central bank assets ...

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Switzerland takes step towards negotiating new EU treaty

BLOOMBERG The Swiss government agreed on the parameters for possible future negotiations with the European Union (EU), part of its long-running effort to arrange new treaties with the bloc. The government seeks to “stabilise and develop relations with the EU. It aims to guarantee barrier-free access to the EU’s single market in certain sectors,” it said in a statement. The ...

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