March, 2023

• 26 March

  UAE’s minister urges investment and action for water sustainability at UN

  

  DUBAI / WAM Mariam bint Mohammed Almheiri, the Minister of Climate Change and Environment, emphasised the importance of collaboration, data sharing and investment in achieving global solutions for promoting water sustainability in an interactive dialogue and side sessions at the United Nations in New York. The UN 2023 Water Conference brought together global leaders and experts to identify innovative solutions ...

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• 26 March

  Putin says Russia to station nuclear weapons in Belarus

  

  BLOOMBERG President Vladimir Putin said Russia is preparing to station tactical nuclear weapons in neighbouring Belarus, escalating a confrontation with the US and its allies over the war in Ukraine. Moscow isn’t handing control of the weapons to Belarus, and won’t be in breach of its non-proliferation obligations under an agreement with Belarusian President Alexander Lukashenko, Putin said in comments ...

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• 26 March

  Rahul Gandhi vows to keep questioning Modi’s ties with tycoon Adani

  

  BLOOMBERG Indian opposition leader Rahul Gandhi said he will keep questioning Prime Minister Narendra Modi’s close ties with tycoon Gautam Adani even after being disqualified as a member of parliament. “I am here defending the democratic voice of the Indian people. I will continue to do that,” Gandhi said at a press conference in New Delhi. “I have been disqualified ...

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• 26 March

  Dewa, UAE ministry discuss ways to enhance cooperation

  

  DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of the Dubai Electricity and Water Authority (Dewa), welcomed Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), at Dewa’s head office. This is part of a series of mutual visits to enhance cooperation between government organisations in the UAE. The meeting ...

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• 26 March

  Expo Centre Sharjah prepares to launch 40th ‘Ramadan Nights 2023’

  

  SHARJAH / GULF TIME Expo Centre Sharjah has announced it is all set to kick off the 40th edition of “Ramadan Nights 2023,” a highly anticipated commercial and marketing event in the emirate of Sharjah. Organised by the centre and supported by the Sharjah Chamber of Commerce and Industry (SCCI), the event will run from April 5 to 21, featuring ...

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• 26 March

  House of Wisdom offers annual membership for unlimited learning

  

  SHARJAH / WAM With its annual membership packages, the House of Wisdom (HoW) created a new opportunity for the UAE community to read, play, work and be entertained throughout the year, enjoying uninterrupted access to world-class sources of knowledge and spaces to bring their imaginations to life. Members will have access to the entire collection of HoW’s world-class physical and ...

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• 26 March

  Foodco wins prestigious ‘Product of the Year’ award in UAE

  

  DUBAI / IBRAHIM ELDESOUKIE Foodco National Foodstuff, one of the leading local food companies, has won the prestigious “Product of the Year” award in two categories in the United Arab Emirates (UAE) for 2023. The company’s brand Shehrazade won the award for the best rice product for the third time in a row, while Virginia — Tuna Salad won the ...

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• 26 March

  Americanas proposes steep losses for creditors in debt plan

  

  BLOOMBERG Americanas SA, the embattled Brazilian retailer, proposed a plan to restructure its 42.3 billion real ($8.1 billion) debt load some two months after obtaining bankruptcy protection that includes losses for unsecured creditors, a capital injection and asset sales. The plan, released in a securities filing, foresees a capital injection of 10 billion reais and potential asset sales including its ...

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• 26 March

  Cathay Pacific in talks to add 50 of Airbus’ A320neo-type aircraft

  

  BLOOMBERG Cathay Pacific Airways is in talks with aircraft lessors as it seeks to source as many as 50 of Airbus SE’s A320neo-type aircraft, people familiar with the discussions said, with Hong Kong’s main carrier aiming to ramp up and potentially expand following the scrapping of Covid curbs. Given Airbus’s order book that stretches out several years, Cathay and its ...

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• 26 March

  Walmart cuts staffing levels at some of its US warehouses

  

  BLOOMBERG Walmart Inc is cutting staffing levels at some e-commerce fulfillment centres in the US as the nation’s largest private-sector employer steps up investment in automation. The retailer is working with the affected employees to find other positions at Walmart, according to a company statement. In a regulatory filing, Walmart provided advance notice of the cuts to 201 employees in ...

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