Dubai / WAM Emirates Global Aluminium (EGA) on Thursday announced the company’s programmes to inspire young people’s interest in science, technology, engineering, and mathematics (STEM), reached more than 6,000 students in 2022. Science, technology, engineering, and mathematics experts are essential for achieving the goals of the UAE’s Operation 300bn industrial growth strategy and UAE Centennial 2071. EGA employs some 1,500 ...

Bloomberg Amazon.com is laying off more than 18,000 employees — the biggest reduction in its history — in the latest sign that a tech-industry slump is deepening. Chief Executive Officer Andy Jassy announced the cuts, which represent about 1% of Amazon’s employees, in a memo to staff, saying it followed the company’s annual planning process. The eliminations began last year ...

Bloomberg Airbus SE Chief Executive Officer Guillaume Faury said supply-chain issues will continue to hold back the aerospace industry this year amid continued strong demand. Speaking at an event of the French aerospace lobby Gifas — which Faury also heads — the CEO said the industry faces a shortage both of parts and qualified employees. Airbus was twice forced to ...