Dubai / WAM Emirates has announced plans to boost connectivity and increase travel options for customers flying between Dubai and Tel Aviv with a second daily flight, starting October 30. The additional morning frequency is in response to high demand for travel to/from Israel, and builds on the success of Emirates’ existing operation, as the airline reaffirms its commitment ...

  ABU DHABI / WAM Emirates Development Bank (EDB) has announced a new drive to offer free expert guidance to its manufacturing customers. EDB is partnering with Future Factory to offer SMEs within EDB’s portfolio practical advice and consultancy services at no charge. The initiative is in line with EDB’s strategy, which revolves around progressing the economic development of the ...

  Abu Dhabi / WAM The Telecommunications & Digital Government Regulatory Authority (TDRA) announced that more than 10 million people visited the Official Portal of the UAE government (U.AE) during the first half of 2022, an increase of 26% against the same period of last year. Visits to U.AE amounted to approximately 16 million, through which more than 24 million ...

At a Commonwealth summit in Rwanda back in June, Boris Johnson was asked if he’d want to serve a second term in office. “At the moment, I am thinking actively about the third term,” he quipped. That would take him into the mid-2030s, he noted for any who couldn’t do the math. There is little doubt that, even now, Johnson ...

  The world’s biggest battery company is turning to abundantly available materials as it looks to upgrade power packs for electric vehicles. While that stands to bring down costs and raise efficiency as raw material shortages abound, it’s an opportunity for countries like India and Brazil to take their chunk of the increasingly lucrative EV supply chain before it gets ...

  So that’s clear then. UBS Group AG isn’t trying to build its investment bank just for the sake of “being an investment bank” — the message from Chief Executive Officer Ralph Hamers as he explained the Swiss firm’s poor second-quarter performance versus Wall Street peers. A more selective approach to investment banking may make sense. But investors need to ...

  The 27 national leaders of the European Union (EU) love to extol the solidarity that binds their countries together. Even the words signal destiny. “Union” comes via French from the Latin unus for “one,” and solidarity from solidus for “firm, whole and undivided.” Like a good marriage, the bloc is meant to be a solidarity union. In reality, it ...

Bloomberg Deutsche Lufthansa AG passengers in Frankfurt and Munich faced an almost complete shutdown of operations on Wednesday as a walkout by ground crew forced Europe’s largest airline group to cancel more than 1,000 flights at its two busiest German hubs. The airline axed the services at short notice, slamming unions for causing major damage by escalating a wage dispute ...

Bloomberg Wizz Air Holdings Plc will deepen cuts to its summer schedule, doubling down on efforts to combat disruption from a staffing squeeze that’s upended Europe’s transport industry. After announcing a 5% reduction in peak-season seating, Wizz, the region’s third-biggest discount carrier, will extend the cuts to about 10%, Chief Executive Officer Jozsef Varadi said. “We’ve been going through some ...

  Bloomberg With a fateful vote a day away, Spirit Airlines Inc is standing alone at the altar despite having two suitors that have spent months trying to acquire the low-cost carrier. Spirit’s proposed merger with Frontier Group Holdings Inc doesn’t have enough support from shareholders, and the acquirer has said it’s not sweetening the terms of the deal any ...