Dubai / WAM The Dubai Police has reported a significant increase in visitors to the Force’s museum in the past year, with a total of 4,476 visitors, including 3,139 virtual visitors via the Dubai Police smart app. This represents a 20% increase in visitors compared to the previous year, when the museum received 3,698 visitors. The museum, which is ...

  Dubai / Gulf Time Businessman and investor Dr Ossama Alasmar confirmed that Dubai is a globally sought-after destination for investors. He said, “I have decided to transfer all of my business operations from Germany to the promising emirate to take advantage of the thriving activity, and momentum Dubai offers.” As a successful businessman who has established several leading companies ...

  Bloomberg Procter & Gamble Co (P&G) sold fewer household staples than expected last quarter as consumers grew more cautious about higher prices. The total volume of goods sold fell 6% in the three months ended in December, worse than the 2.6% that analysts had estimated. Chief Financial Officer Andre Schulten said consumers are using up the products in their ...

  Bloomberg US retail sales fell by the most in a year and business equipment production slumped, raising concerns that the economy is losing momentum under the weight of tighter Federal Reserve policy. The value of overall retail purchases broadly fall 1.1% in December after a downwardly revised 1% drop in the prior month, Commerce Department data showed. Separate figures ...

Bloomberg Cathay Pacific Airways Ltd. expects to report a larger-than-forecast loss in 2022 — around double what analysts were looking for — as the carrier claws its way back from Covid-19. Hong Kong’s main airline said in an exchange filing on Friday that it expects to report an annual net loss of between HK$6.4 billion ($817 million) to HK$7 billion, ...

  Bloomberg Richemont and Burberry Group Plc said consumer spending in China is already rebounding after three years of pandemic lockdowns and a virus surge that cost the luxury-goods makers almost a quarter of their sales there last quarter. Burberry Chief Financial Officer Julie Brown pointed to “very promising signs in January” in the key luxury market. A Richemont spokeswoman ...

  Bloomberg A Qantas Airways Ltd. flight to Sydney returned to Melbourne with potential engine trouble, the airline’s third consecutive day of mid-air mechanical issues following a mayday alert by a plane en route from Auckland. The pilots of flight QF430 on Friday received an indication of a minor engine problem and turned back to Melbourne as a precaution, Qantas ...

  Bloomberg A marketing vice president at Starbucks Corp. is leaving the company, continuing an exodus of executives since Howard Schultz returned to the helm. Jen Quotson, vice president of creative studios at Starbucks, is departing the coffee chain after 14 years. She spent more than eight years in her most recent role, according to her LinkedIn profile. A company ...

  Bloomberg The value of the voluntary carbon market that allows polluters to buy credits to offset emissions is set to grow fivefold by 2030, after expanding at a record pace over the past two years, according to Shell Plc. The global voluntary market is expected to increase from an estimated value of $2 billion in 2021, Shell said in ...

  Bloomberg BHP Group Ltd., the world’s biggest miner, reported record iron ore production for its fiscal first half, predicting China would drive commodity demand in 2023 as the country opens up. The Melbourne-based miner produced 132 million tons of the steelmaking material in the six months to December 31, 2022. The record was achieved through a strong supply-chain performance, ...