Abu Dhabi / WAM Non-oil foreign trade between the UAE and Kuwait has grown 87 percent over the past ten years to reach AED43 billion by the end of 2022, compared to AED23.3 billion in 2013, according to preliminary data issued by the UAE’s Federal Competitiveness and Statistics Centre (FCSC). The FCSC data showed that the total trade between ...
Read More »Blog Layout
Sheikha Fatima directs treatment for Syrian quake victims in UAE hospitals
Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, Supreme Chairwoman of the Family Development Foundation and Honourary President of the Emirates Red Crescent (ERC), has directed to arrange medical treatment for a number of Syrian earthquake victims, including children, in the UAE hospitals. ...
Read More »Expo Centre Sharjah wraps up ‘Paper One Show’ on high note
Sharjah / WAM Expo Centre Sharjah (ECS) wrapped up the eighth edition of Paper One Show on a high note. The exhibition managed to cement its leading position as one of the key regional events specialised in the paper industry. The event’s eighth edition – organised by Al-Furat Fair Organiser and supported by Sharjah Chamber of Commerce and Industry (SCCI) ...
Read More »ALC to take part in New Delhi World Book Fair 2023
Abu Dhabi / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has announced its participation at the 31st edition of the New Delhi World Book Fair, which will be held from February 25 to March 5. The fair, a key cultural platform among international book ...
Read More »Team Abu Dhabi ready to ride UIM F1H2O World Championship in Indonesia
ABU DHABI / GULF TIME Team Abu Dhabi is all set for another title battle as UIM F1H2O World Championship launches its new season on Tuba Lake in Kopiko, Indonesia on Saturday. On Friday, the Emirati team began the journey of defending the championship title with the first round launched in a variety of qualifying phases. At the end ...
Read More »Boeing to retire its famed fighter jets after 40 years
Bloomberg Boeing Co plans to end production of its F/A-18 Super Hornet, the fighter jet that wowed movie audiences in last year’s Top Gun: Maverick, after more than 2,000 deliveries over 40 years. The aerospace giant will stop manufacturing the fighters after it hands over the last Super Hornet to the US Navy in late 2025, according to a ...
Read More »IAG sees strong bookings, makes bid for Air Europa
Bloomberg IAG SA said it’s enjoying strong bookings into this year, led by holiday travel and stable business trips, and predicted a further recovery in 2023 as the aviation industry emerges from its worst-ever crisis sparked by the pandemic. Full year operating profit will reach about €1.8 billion to €2.3 billion, while net debt will remain broadly unchanged at ...
Read More »Thai Airways’ fourth quarter profit surges amid travel boom
Bloomberg Thai Airways International Pcl’s fourth quarter profit almost tripled after Thailand eased pandemic-related border restrictions and tourists started to come back to the popular Southeast Asia holiday destination. The carrier’s net income for the three months ended on December 31 rose to 11.2 billion baht ($322 million) from 4 billion baht a year earlier, Chief Executive Officer Chai ...
Read More »Tesco, Aldi join grocers rationing fruit, vegetable sales in UK
Bloomberg Tesco Plc has joined discounter Aldi in limiting purchases of some fruit and vegetables in the UK after difficult harvests due to cold weather in southern Spain and North Africa. Both retailers are capping purchases of peppers, cucumbers and tomatoes to three units per person. The moves follow Morrisons which has a limit of two products and Asda ...
Read More »Singapore Air axes city’s only nonstop route to Vancouver
Bloomberg Singapore Airlines Ltd will scrap the city-state’s only nonstop flight to Vancouver from October, a little more than a year after the Asian carrier returned to Canada. The move is another example of how global hub airlines are having to readjust their networks after the pandemic in order to better match supply and demand. The sharp uptick in ...
Read More »