Abu Dhabi / WAM Etihad Airways is celebrating Saudi Arabia’s 90th National Day, which was observed on Wednesday. To mark the occasion, the airline created an infographic to showcase the flight path of the special liveried “Choose Saudi Arabia” Boeing 787-9 Dreamliner since its first flight to Riyadh on September 23, 2019, the airline said in a statement. Ahmed Al ...
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RAK Airport repatriates 53,000 Indians since June
Ras Al Khaimah / WAM Ras Al Khaimah International Airport on Wednesday announced that it has helped secure the return home of more than 53,000 Indian citizens since the beginning of June, in part thanks to His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, who issued a directive to cover ...
Read More »E-commerce, delivery services in Sharjah see 100% rise in August
Sharjah / WAM The Sharjah Economic Development Department (SEDD) announced an increase of more than 100 percent in activities such as e-commerce, delivery services, “Eitimad” licences, and contracting licences of the fifth category compared to last year. In general, the total number of licences issued and renewed during August 2020 reached 5,788 with a growth rate of 48% as against ...
Read More »Air Arabia Abu Dhabi launches new service to Sudan
Abu Dhabi / WAM Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the introduction of a new service to the capital of Sudan, Khartoum with direct flights from Abu Dhabi commencing on October 7. “The new service represents the sixth route for Air Arabia Abu Dhabi since the launch of service from Abu Dhabi International Airport on ...
Read More »Covid-19: Dubai shops can deny entry to customers violating rules
Dubai / WAM Dubai Economy affirmed that traders have the right to refrain from receiving or providing services to consumers and the public who do not commit to the Covid-19 precautionary measures, which are part of the protocols regulating the practice of commercial activities in the current phase. Health as well as safety of the public is a top priority ...
Read More »China vows carbon neutrality by 2060
Bloomberg China aims to be carbon neutral by 2060, tightening its target to cut greenhouse-gases, and signaled higher spending on green technologies in the next five years, major pledge in the fight against climate change by the planet’s worst polluter. President Xi Jinping, speaking during a virtual United Nations General Assembly, also reiterated his goal for emissions to peak before ...
Read More »CleanCapital looking to raise $500m in assets
Bloomberg CleanCapital, a New York-based renewables investor that manages more than $500 million in assets, is looking to raise up to $500 million in corporate equity to invest in solar and battery-storage projects. The company is talking to pension funds, insurance companies, sovereign-wealth funds and infrastructure funds focussed on North America that are seeking long-term investments, said CEO Thomas Byrne. ...
Read More »Australia moves to support refiners
Bloomberg Australia will invest $154 million in new diesel storage facilities and introduce other measures aimed at shoring up the nation’s struggling refining industry and bolstering domestic fuel security. A$200 million will be used to create an additional 780 megalitres (4.9 million barrels) of onshore diesel storage space, Angus Taylor, the country’s minister for energy and emissions reduction, said in ...
Read More »Blacklisting US tech may show China’s weakness
Plans by China to draw up a blacklist of US technology firms might sound great to hardliners as a retaliatory measure against Washington, but would most likely backfire. Pulling the trigger on such a threat could end up proving that the importance of the world’s most populous country as a global buyer may be smaller than many imagine. Beijing has ...
Read More »Italy is stable but it’s still in trouble
A round of local elections could have gone very badly for Italy’s government, a makeshift coalition of the populist Five Star Movement and the center-left Democratic Party. Matteo Salvini’s right-wing grouping had hoped to secure a string of victories, including in Tuscany — a left-wing stronghold. A good Salvini performance might even have toppled the coalition. However, the right only ...
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