Dubai / WAM The Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET), Dubai, has added 98 new economic activities across a number of vital sectors in 2021, bringing the total number of economic activities to more than 2,200. This entails an increase of 88 percent compared to 2020, with 52 new economic activities ...

  ABU DHABI / WAM First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has partnered with Mastercard to launch the new FAB Virtual Corporate Debit card. The new offering expands the range of FAB’s Global Transaction Banking (GTB) Virtual Account e-commerce enabled product capabilities for corporate and commercial clients. ...

  Dubai / WAM The Mohammed Bin Rashid Space Centre (MBRSC) on Thursday announced that it is all set to host the 17th International Conference on Space Operations (SpaceOps 2023), one of the world’s leading and premier space events at the World Trade Centre in Dubai, UAE. The event, being held for the first time ever in the Arab world, ...

  As vice president in January 2017, Joe Biden gave a speech endorsing the idea of a “world without nuclear weapons.” Last year, he took office pledging to reduce America’s reliance on those weapons — perhaps with a promise that Washington would never use nuclear weapons first in a conflict, or perhaps by cutting, even eliminating, the country’s intercontinental ballistic ...

Soaring pay and bonuses came as an unwelcome shock to shareholders during US banks’ 2021 earnings season. Most big European banks are also likely to complain about the exploding cost of talent in their results over the next few weeks. The big worry for investors — after the best banking profits in years — is that pay profligacy today will ...

  Upon his return to Apple Inc. in the 1990s, Steve Jobs started what would become one of the most legendary business turnarounds in history. The key to the comeback was refocusing the iconic technology company on its original DNA: combining beautifully designed, high-quality products with a simplified, friendly customer experience. While Mac users have benefited from Apple’s return to ...

  After the disasters at Chernobyl in 1986 and Fukushima in 2011, turning away from nuclear power seemed prudent. Now it looks like a serious error — and not just because global energy costs happen to be spiking. Over the next several decades, an orderly, affordable and politically sustainable transition to zero-carbon electricity is likely to require a much bigger ...

  Bloomberg United Airlines Holdings Inc. is exploring a potential sale of a minority stake in its frequent-flier program MileagePlus, according to people familiar with the matter. United is working with financial advisers who have begun contacting potential investors including private equity firms, the people said, asking not to be identified because the matter is private. Any minority stake in ...

  Bloomberg Get ready for the tanker wars, part two. Airbus SE is teaming up with Lockheed Martin Corp. to take on Boeing Co.’s troubled aerial tanker with an American-made version of the European company’s A330 jetliner. The wide-body plane was at the heart of a proposal that first beat, then on appeal lost out to, Boeing’s KC-46 tanker in ...

  Bloomberg Russia said it was destructive for President Joe Biden to move additional troops to Europe and station more along Nato’s eastern flank, as French President Emmanuel Macron prepares for his third call in a week with Russian President Vladimir Putin to discuss Ukraine. Putin is expected to speak to reporters Thursday after meeting with Argentinian President Alberto Fernandez, ...