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March 22, 2021 Local News
Abu Dhabi / Emirates Business Etisalat announced on Sunday that it is Etihad Airways’ official telecom partner, providing the best-in-class mobile and digital solutions for evolving business requirements of small and medium business (SMB) and startup community, and enabling them through their digital transformation journey. Esam Mahmoud, Senior Vice President, SMB, Etisalat, signed a Memorandum of Understanding (MoU) with Fatma ...
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March 22, 2021 Local News, Real Estate, Uncategorized
DUBAI / WAM Dubai’s real estate market recorded 3,787 sales transactions worth AED7.43 billion in February 2021, a 13.8 percent increase from January 2021 in terms of volume and 8.9 percent rise in terms of value, according to the 12th edition of Mo’asher, Dubai’s official sales price index that was launched by Dubai Land Department (DLD) in cooperation with Property ...
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March 22, 2021 Opinion
Comparisons of President Joe Biden’s $1.9 trillion stimulus bill to the New Deal are flourishing. They obscure the fact that Biden’s achievement — passing reform legislation against an intransigent opposition — is very fragile. Republicans are already waging an extensive culture war on issues cherished by progressive Democrats, starting with freer immigration. And though Biden and his colleagues are taking ...
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March 22, 2021 Opinion
The world is watching Europe with dismay. The region’s vaccination campaign is a mess, failing to outpace a fresh wave of Covid-19 infections that’s straining hospitals and triggering more stay-at-home curbs. The European Union’s tally of average doses administered per 100 people stands at 11.8, well behind the US and the UK at 34.1 and 40.5 respectively (though there is ...
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March 22, 2021 Opinion
Back in 1972, New Yorker film critic Pauline Kael was incorrectly quoted as saying she couldn’t understand how Richard Nixon had won a 49-state landslide since she didn’t know anyone who’d voted for him. The anecdote is often trotted out as an example of liberal snobbery and indifference to “ordinary†Americans. Kael’s actual quote was more self-aware: “I live in ...
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March 22, 2021 Opinion
It’s no surprise that Italy was the first European Union nation to say it would restart AstraZeneca Covid vaccinations, just moments after the bloc’s drugs regulator gave its renewed blessing for the shots. All of the EU’s big member states need to jumpstart their painfully slow vaccine drives, but Italy’s need is greatest. The country has suffered more deaths than ...
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March 22, 2021 Aviation
Bloomberg A pick-up in spring break travel is pointing to the first signs of life for a battered jet fuel market, a trend that is likely to continue as more vaccinated Americans venture back onto airplanes this summer. In US airports, the number of passengers checking in through security hit the highest in a year this week, according to Transportation ...
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March 22, 2021 Aviation
Bloomberg Vietnam’s Bamboo Airways expects a market capitalisation of about $2.7 billion at its planned listing no later than the third quarter as it anticipates a June or July easing of the government’s pandemic halt of international flights. The carrier, which began operations in 2019, plans to list 105 million shares on either the Ho Chi Minh City Stock Exchange ...
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March 22, 2021 Retail
Bloomberg Zomato Pvt, an Indian food delivery startup backed by Jack Ma’s Ant Group, is planning to file the draft prospectus by April for its initial public offering that could raise about $650 million, according to people familiar with the matter. The company could complete the listing in Mumbai before the end of September, the people said, asking not to ...
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March 22, 2021 Retail
Bloomberg Three years ago, Walmart Inc. offered hundreds of thousands of its US workers a new perk to keep them from quitting. Employees loved it. Rivals copied it. Now Walmart has reached a conclusion: It hasn’t quite worked as expected. The perk is an app that gave employees the ability to tap their wages before payday, along with a bevy ...
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