Blog Layout

EGA, Saudi Ma’aden cooperate on tech in aluminium value chain

  Dubai / WAM Emirates Global Aluminium (EGA) and Saudi Arabian Mining Company (Ma’aden), Saudi Arabia’s national mining company, signed an agreement to extend their exploration of potential collaboration on technology in the aluminium value chain. Saeed Mohammed Al Tayer, EGA’s Vice Chairman, and Musabbeh Al Kaabi, EGA Board member, witnessed the signing in Dubai by Abdulnasser bin Kalban, EGA’s ...

Read More »

Legacy of Expo 2020’s ‘Vision Pavilion’ will live on as part of District 2020

Dubai / WAM The Vision Pavilion, celebrating the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, will continue to delight and enthral as part of the legacy of Expo 2020 Dubai. The pavilion – one of the undeniable highlights of more than 200 pavilions across Expo ...

Read More »

Only one thing will help Ukraine now. Weapons

The first stage of the war in Ukraine didn’t go according to Vladimir Putin’s plan, but it is the next four weeks that could determine how the map of Europe is changed as a result of his invasion. The incremental sanctions tightening we’ve seen in recent days will make little difference to that battle. It will also require a major ...

Read More »

Debut of GoTo is indeed a costly ride

The much-awaited debut of GoTo, the combination of ride-hailing app Gojek and e-commerce firm PT Tokopedia, offers investors a stark choice. Base your bet on near-term metrics like valuation and growth, or take a longer view of Indonesia’s growing middle class and digital economy. On the numbers alone, GoTo’s initial public offering looks expensive. Subtract the estimated $4 billion cash ...

Read More »

UK is a ‘nightmare’ for people who rent homes

  The pandemic shocks to the UK are showing up in all manner of ways. But one of the hardest to resolve will be the red-hot residential rental market. With more than 28 applicants circling each property available for rent — an all-time high according to Propertymark, the membership body for property agents — this is a dysfunctional marketplace. Estate ...

Read More »

Consumer stocks now believe Fed is serious

  The Federal Reserve is fighting the worst US inflation in 40 years, and its assault on rising consumer prices is probably going to get messy. You can’t just rein in 1970s-style consumer price increases without slamming the brakes on the entire economy. Until now, the stock market has mostly ignored this risk, but subtle signs are emerging that the ...

Read More »

India’s Jet Air coming back with no frills, hybrid model

  Bloomberg Jet Airways India Ltd, which is undergoing a court-monitored restructuring, plans to return with a hybrid of premium and no-frills services that would allow the former top local airline to claw back market share while managing costs in the fiercely competitive Indian aviation market. The bankrupt airline, now helmed by a new set of owners, will have a ...

Read More »

Boeing Max 10 faces delay from lawmaker’s stance

  Bloomberg A key lawmaker said that he opposes giving Boeing Co more time to certify its Max 10, signalling potential and costly delays for the planemaker’s next model of the 737. Representative Peter DeFazio, the Oregon Democrat who leads the House Transportation and Infrastructure Committee, said in an opening statement at a hearing that he would oppose Congress extending ...

Read More »

Hong Kong falls ‘off the map’ as aviation hub

  Bloomberg Hong Kong has ceased to function as an international aviation hub as it curbs inbound flights and quarantines arriving passengers, according to a trade group representing hundreds of airlines worldwide. “It’s effectively off the map now, and I think it’s going to be difficult for Hong Kong to recover,” Willie Walsh, director general of the International Air Transport ...

Read More »
Send this to a friend