Abu Dhabi / Gulf Time Aiming to make wholesale buying convenient, secure, and transparent, Safqat — an online B2B marketplace — will soon debut in the UAE market. Replacing traditional one-on-one interactions, Safqat provides a streamlined one-to-many model that reinforces supplier-buyer connection. The platform aims for suppliers to reach restaurants, caterers, supermarkets, and grocery stores with a simple click ...

  Dubai / Gulf Time Emirates has taken off to Tel Aviv, marking the airline’s first passenger flight to Israel. Emirates flight EK931 departed with 335 passengers, including a VIP delegation and Israeli media onboard at 1220hrs local time. Emirates executives onboard included: Adel Al Redha, Chief Operating Officer; Dr Abdulla Al Hashimi, Divisional Senior Vice President, Group Security; Adil ...

  Dubai / WAM Dubai Airports has issued a passenger advisory alerting travellers about Dubai International (DXB) getting exceptionally busy over the next two weeks as a result of schools breaking for summer and the Eid Al Adha holidays. According to the operator, some 2.4 million passengers are expected to pass through DXB between June 24 and July 4, with ...

There’s a UK mega-deal just waiting to happen. The difficult question for investors is how long that wait will be. The consumer-healthcare business of GSK Plc will be a takeover target when it’s spun out of the drugmaker in July. Haleon, as the manufacturer of Sensodyne toothpaste and Panadol painkillers is called, attracted a failed £50 billion ($62 billion) offer ...

To look at the way richer countries are spending money on the energy transition, you might think we’re within reach of bringing climate change under control. Investment in clean energy has only accelerated in the years since Covid-19 struck. In the second half of the last decade, it grew at a 2% annual rate. Since 2020, that’s risen to 12% ...

  “Turtles all the way down” is a handy phrase for describing how the human mind creatively fills in holes of logic. It allegedly springs from one person’s attempt to justify to the philosopher Bertrand Russell her belief that the world was floating on a giant turtle by imagining another turtle underneath it, and then another, to infinity. The image ...

  Federal Reserve Chair Jerome Powell believes that monetary policy is carried out through financial conditions, and for the time being he seems to like where they stand. As he told lawmakers, “the market has been reading our reaction function reasonably well.” That markets and the Fed are on the same page is good news for near-term volatility, but Powell’s ...

  Bloomberg South African airline FlySafair plans to add at least 10 new routes across sub-Saharan Africa to take advantage of a gap in the market left by the collapse of domestic rival Comair Ltd. The closely held carrier will fly to capital cities such as Nairobi, Lusaka and Maputo alongside holiday destinations including Victoria Falls, Zanzibar and Seychelles, according ...

  Bloomberg Amazon.com Inc tapped Doug Herrington to run the company’s sprawling retail and logistics operation, giving him the new title chief executive officer of Worldwide Stores and signalling the importance of a continued push into groceries under company CEO Andy Jassy. Herrington, 55, joined Amazon in 2005 and launched the Amazon Fresh grocery delivery service in 2007. He replaces ...

  WEST VIRGINIA / WAM A helicopter used for tourism flights crashed onto a highway in West Virginia state, killing six people on board, Reuters cited local media as saying. The helicopter, which was based at an airport in the state’s Logan County, crashed on State Route 17 and was on fire when rescue crews arrived, the WSAZ-TV reported, citing ...