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Fleet of Porsches seized as part of investigation into Jet Airways investor

BLOOMBERG A Liechtenstein court order has exposed a trove of luxury cars and watches among the items seized by prosecutors investigating allegations of fraud linked to one of the investors aiming to revive India’s Jet Airways. The supreme court in Liechtenstein rejected an appeal to unfreeze the assets that include seven Porsche cars, five Rolex “boxes” and a classic car ...

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Amazon planning to hire 250,000 logistics workers for holidays, boost hourly wages

BLOOMBERG Amazon.com Inc plans to hire 250,000 logistics workers, suggesting the online retailer is bullish about what’s otherwise expected to be a humdrum holiday shopping season. The recruits will include full-time, part-time and seasonal workers at hourly rates ranging from $17 to $28 per hour depending on location, the company said in a blog post. Some new hires will be ...

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Discount Airlines slam UK air-traffic control for disruption

BLOOMBERG The heads of the two biggest discount carriers in the UK are calling for a change of leadership at the country’s air traffic management provider after repeated disruption during the busy summer travel season. Ryanair Holdings Plc’s outspoken Chief Executive Officer Michael O’Leary called for NATS CEO Martin Rolfe’s resignation after a staffing shortage at London’s Gatwick Airport led ...

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Virgin Australia finds bogus jet part with fake certificate

BLOOMBERG Virgin Australia Airlines Pty found a second suspected unapproved plane part from obscure UK supplier AOG Technics Ltd, as the industry continues to hunt down bogus components that have spread across the global fleet. The Australian airline discovered a seal with false certification documents on an inner high-pressure turbine nozzle on a Boeing Co 737 jet, according to a ...

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EDB underlines commitment to UAE food security in Dubai

DUBAI / WAM Emirates Development Bank (EDB) is participating in the fifth annual Future Food Forum, underlining its commitment to the UAE’s food security. Taking place in Dubai from  September 20-21, the forum gathers major regional and international players in the food industry to shore up the sustainable future of the MENA region’s food sector. Food security is one of ...

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ZHO carries out testing for Emirati Genome Programme

ABU DHABI / WAM Zayed Higher Organisation for People of Determination (ZHO) is implementing a new phase of tests for the Emirati Genome Programme for People of Determination and their families, in cooperation with G42 Healthcare. This comes as part of the Organisation’s initiatives to benefit from advanced scientific research in the era of innovation and to follow scientific methods ...

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Adib achieves 45% Emiratisation rate across range of positions

ABU DHABI / WAM Bushra Alshehhi, Chief Human Resources Officer at Abu Dhabi Islamic Bank (Adib), said that the bank had achieved 45% Emiratisation ratio, reflecting the bank’s alignment with the UAE Government’s mission to empower the Emirati youth and expand the UAE’s talent pool in financial services. Alshehhi’s announcement came as part of Adib’s participation at the Ru’ya Career ...

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UAE Foreign Minister, Saudi, US counterparts discuss to resolve Yemeni crisis in New York

NEW YORK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, HH Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs of the Kingdom of Saudi Arabia, and the US Secretary of State Antony J Blinken, have discussed efforts to resolve the Yemeni crisis. The tripartite meeting, which was held on the sidelines of the ...

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Sheikh Abdullah meets Chairman of Yemen’s Presidential Leadership Council in New York

NEW YORK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met with Dr Rashad Al-Alimi, Chairman of Yemen’s Presidential Leadership Council, on the sidelines of the 78th Session of the United Nations General Assembly (UNGA78) in New York. Sheikh Abdullah conveyed to Al-Alimi the greetings of President His Highness Sheikh Mohamed bin Zayed Al ...

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Popleys to celebrate historic wedding in Dubai

DUBAI/ GULF TIME Popleys, a renowned name established in 1927 in the jewelry business in UAE (1993) and INDIA (1927) with 3rd & 4th Generation of experience, is gearing up for a momentous celebration of his daughter’s wedding with the support of Govt. of Dubai which makes this event truly extraordinary. On October 18th, 1994, a similar event occurred, now ...

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