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October 2, 2023 Local News, Uncategorized
DUBAI / WAM The first stage of the Dubai Women Running Challenge was held at the Expo City Dubai with the remarkable participation of more than 300 female runners of various ages and nationalities. The race, which comprises four stages, was organised by Dubai Sports Council, and it is scheduled to continue up to November 11. Participants in the Race ...
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October 2, 2023 Local News, Uncategorized
DUBAI / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, Vice Chair of the World Governments Summit (WGS) Organisation, said that the WGS is a key catalyst for international efforts aimed at shaping the future, highlighting significance of partnerships and harnessing global dialogue. It also highlights the UAE’s leadership vision ...
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October 2, 2023 Local News, Uncategorized
DUBAI / WAM Dubai Electricity and Water Authority (Dewa) will support the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) as a Principal Pathway Partner. COP28 will be hosted by the UAE at Expo City Dubai from November 30 to December 12. “I would like to extend our gratitude to the wise leadership of ...
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October 2, 2023 Local News, Uncategorized
CAIRO / WAM A UAE delegation, headed by Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, participated in the extraordinary session of the Arab League’s Arab Ministerial Council for Electricity, held at the league’s headquarters in Cairo. During the meeting, the council passed two agreements on the Joint Arab Electricity Market and ...
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October 2, 2023 Local News, Uncategorized
GEORGETOWN / WAM President Mohamed Irfaan Ali of Guyana received HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, on a working lunch here in the presence of Vice President Bharrat Jagdeo, Prime minister Mark Phillips, and Minister of Foreign Affairs Hugh Todd. During the meeting, HH conveyed the greetings of President His Highness Sheikh Mohamed bin ...
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October 2, 2023 Aviation
BLOOMBERG DHL Group, Sasol Ltd and HH2E AG agreed to collaborate on producing sustainable, hydrogen-based aviation fuels in Germany to help reduce carbon emissions, with Airbus SE intending to join the project at a later date. The partners signed an agreement to create green hydrogen production capacity by 2030 involving “investments in the billions,” according to a statement published on ...
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October 2, 2023 Aviation
BLOOMBERG Wall Street analysts are souring on Frontier Group Holdings Inc as a stark decline in traveller demand and elevated fuel costs worsen the airline’s earnings outlook. The budget-friendly airline wrapped up nine consecutive weeks of declines, marking the longest losing streak in the company’s history. The previous record for underperformance had been five consecutive weeks in December 2022. The ...
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October 2, 2023 Aviation
BLOOMBERG Germany’s biggest airline would consume half of the country’s entire electricity production to switch its fleet to green fuels like e-kerosene, according to Deutsche Lufthansa AG, underscoring the challenge in reducing emissions from air transport. While synthetic fuels manufactured using renewable energy provided the best future path to decarbonise aviation, there is unlikely to be sufficient green electricity in ...
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October 2, 2023 Aviation
BLOOMBERG Qantas Airways Ltd’s new boss Vanessa Hudson started work trying to restore the airline’s battered reputation with increased spending on major customer bugbears such as on-board catering, call-centre staffing and loyalty-point flight redemptions. Less than three weeks after taking the helm, the new chief executive officer has been forced to fix stress points that fractured under predecessor Alan Joyce. ...
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October 2, 2023 Banking
BLOOMBERG India’s rupee will not drop past the 84-per dollar mark even if the greenback strengthens further from current levels as the nation’s central bank will step in to defend the currency, according to Standard Chartered (StanChart). “The Reserve Bank of India has been protecting rupee from depreciating very sharply,” Parul Mittal Sinha, head of India financial markets at the ...
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