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DCT highlights efforts to boost Emiratisation

Dubai / WAM The Dubai College of Tourism (DCT), part of Dubai’s Department of Tourism and Commerce Marketing, organised a virtual workshop for national tourism companies to highlight its efforts in preparing Emiratis to play a vital role in the sector. The workshop, which was hosted under the Medyaf programme, DCT’s industry nationalisation initiative, also provided participants with updates from ...

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First Emirati female astronaut is a UAEU alumna

ABU DHABI / WAM The first female Arab astronaut, Nora Al Matrooshi, is one of its graduates and had obtained a Bachelor’s Degree in Mechanical Engineering from the university in 2015, the United Arab Emirates University announced. Zaki Anwar Nusseibeh, the Cultural Advisor to the President of the UAE and the Chancellor of UAE University, expressed his deep appreciation and ...

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Apple’s $430b spending is ultimate power play

Administrations come and go, but CEOs like Apple Inc’s Tim Cook know there’s no better way to wave the flag than to flash the wallet, whoever is in charge. Apple Inc said it was raising its US investment commitments by 20% over the next five years to $430 billion. The new figure, which includes spending with American suppliers, building data ...

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Can US tourists save Greece, Spain, Italy

It’s the American Dream for Europe’s troubled tourism sector. European Commission president Ursula von der Leyen told the New York Times that fully vaccinated American tourists could visit the bloc this summer. But the US accounts for a tiny proportion of travelers to tourist-dependent countries such as Greece, Spain, Portugal and Italy. To prevent another lost holiday season for these ...

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Selling Bitcoin for a profit isn’t a bad thing

Heh. Come on. Really? Year over year, positive impacts from volume growth, regulatory credit revenue growth, gross margin improvement driven by further product cost reductions and sale of Bitcoin ($101M positive impact, net of related impairments, in “Restructuring & Other” line) … [Emphasis mine.] You might be surprised to learn that’s a snippet from the earnings report of a car ...

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President Biden is right to aim high on climate

Even if President Joe Biden had no ground to make up — if his predecessor hadn’t pulled the US out of the Paris climate agreement and done his best to stop all progress toward climate protection — he still would have needed an aggressive new target for lowering emissions. The country’s previous Paris commitment was too modest for the US ...

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Global travel braces for vaccine-powered revival

Bloomberg Even as the coronavirus pandemic continues to rage in many corners of the world, places that have successfully vaccinated a substantial share of the population are plotting the next step: how to let people start traveling again, whether for beach vacations or board meetings. By early summer, countries of the European Union and beyond aim to issue vaccine passports ...

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Heathrow can claw back $416m in fees

Bloomberg London’s Heathrow airport will be allowed to increase airline fees on a limited basis to help it ride out the coronavirus crisis, the UK’s aviation regulator said. Heathrow can claw back 300 million pounds ($416 million) after submitting an application to recover 2.6 billion pounds, the Civil Aviation Authority (CAA) said. While its full request will be considered in ...

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Australia bans India flights on hotel quarantine risk

Bloomberg Australia is banning all flights from pandemic-ravaged India until at least May 15 as the South Asian nation battles what PM Scott Morrison described as a “terrible crisis.” In a bid to ease pressure on Australia’s system of mainly quarantining returned residents from overseas in inner-city hotels, Morrison had already announced a 30% cut in flights entering from India. ...

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