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Kezad to showcase infra for life sciences sector at Arab Health

  Abu Dhabi / WAM Khalifa Economic Zones Abu Dhabi – Kezad group, the integrated trade, logistics, and industrial hub of Abu Dhabi, will showcase the competitive advantage the Emirate offers to researchers, manufacturers and distributors looking at Arab Health 2023. As the premier economic zone for life sciences in the Middle East and North Africa, Kezad already hosts many ...

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Wizz Air Abu Dhabi carried 1.2mn passengers in 2022

  Abu Dhabi / WAM Wizz Air Abu Dhabi on Friday announced its operational results for 2022, operating more than 6,000 flights and transporting more than 1.2 million travellers. The national airline carried over 600,000 point-to-point passengers to the UAE in 2022, supporting the sustainable growth of Abu Dhabi’s culture and tourism sectors. Wizz Air Abu Dhabi is looking forward ...

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Dewa approves 92,183 NOC applications in 2022

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has approved 92,183 No Objection Certificates (NOC) applications in 2022 as part of the Soqoor programme. It is the first government programme of its kind to evaluate consultants and contractors in Dubai and identify their compliance with the requirements, standards, terms and conditions, and guidelines when submitting NOC service applications ...

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Malabar Gold & Diamonds opens 300th showroom in Dallas, US

  Dubai / Gulf Time The grand inauguration of the 300th global showroom of Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with a strong retail network of 300 showrooms across 10 countries, was held in Dallas, US. Ms. Susan Fletcher, Collin County Commissioner and Jeff Cheney, Mayor of Frisco, Texas, jointly inaugurated the showroom in the presence ...

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Boeing pleads not guilty to fraud in 737 Max jet crashes

  Bloomberg Boeing Co pleaded not guilty to deceiving federal regulators about changes made to its 737 Max flight control system that led to two horrific crashes in 2018 and 2019. The airplane manufacturing giant’s arraignment in federal court in Fort Worth, Texas, marks the first time the company has been forced to publicly answer to a criminal charge connected ...

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Cebu Air flies to path of full recovery this year

  Bloomberg Cebu Air Inc. will fully restore its pre-pandemic capacity in March, putting the Philippines’ largest budget carrier on the path to “full recovery and profitability” this year, said President and Chief Commercial Officer Alexander Lao. Cebu Air probably cut its loss to 2.09-billion peso ($38.3 million) in 2022, according to street consensus, as easing of virus curbs and ...

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United Air expects Q1 net profit to more than double estimates

Bloomberg United Airlines Holdings Inc. said its first-quarter profit will be more than double analysts’ estimates, boosting shares as continued supply constraints across the industry combine with robust demand that shows no sign of slowing. Adjusted earnings will be 50 cents to $1 a share in the period, the carrier said in a statement while also detailing fourth-quarter results. That ...

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Credit binge sees UK shoppers use debt to buy TVs, milk

  Bloomberg The highest increase in consumer debt in over 18 years appears to have helped the UK’s retail sector, as Britons borrow to buy products ranging from high-ticket electronic items to basics such as milk. A borrowing binge has taken off in the UK with credit card activity rising at its fastest pace since March 2004, an increasing number ...

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Apple’s iPhone dominated China despite disruptions

  Bloomberg Apple won its biggest quarterly market share in China, outrunning Covid disruptions and a global economic slowdown. The Cupertino, California company accounted for nearly 24% of China’s smartphone sales in the last three months of 2022, according to Counterpoint Research data. It topped all manufacturers in the quarter, becoming the second-biggest seller in the country on an annualised ...

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