January, 2023

• 16 January

  Emirates to double services to Brisbane

    Dubai / Gulf Time Emirates is continuing its restoration of operations in Australia with the introduction of an additional daily service to Brisbane. This comes as the airline proudly celebrates 20 years of serving Brisbane, one of Emirates’ four Australian gateways in its global network. Starting June 1, Emirates will operate the second daily flight to and from Brisbane ...

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• 16 January

  UAE, Korea ink major deals across various sectors

  

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Yoon Suk Yeol, President of the Republic of Korea, attended the exchanging and announcing of several agreements and memoranda of understanding (MoUs) to develop cooperation in various fields in light of the distinguished strategic ties binding the two countries. The agreements and MoUs announced included an ...

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• 16 January

  EGA forges new coalition to boost aluminium recycling

  

    Abu Dhabi / WAM Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, and leading beverage producers, can-makers and waste management companies, on Sunday announced the launch of the “Aluminium Recycling Coalition”, which aims to drive a step-change in aluminium recycling in the UAE. The coalition was launched at EGA in ...

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• 16 January

  Idex, Navdex 2023 to host over 15 high-level panels

  

  Dubai / WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Idex and Navdex 2023 exhibitions, which will be held from February 20-23, will host over 15 high-level panels focusing on three main themes. The panels will feature prominent intellectual leaders and decision makers from around the world, who will discuss innovative technologies and solutions ...

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• 16 January

  Jawhara, NDC team up to promote natural diamond dream in UAE

    Dubai / Gulf Time The Natural Diamond Council (NDC), a not-for-profit organisation dedicated to promote and support the natural diamond industry has partnered with leading jewellery brand, Jawhara Jewellery, to enhance aspiration and desire for natural diamonds in the UAE. This intriguing collaboration will showcase the inherent and emotional value of this billion-year-old jewel and inform and educate people ...

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• 16 January

  Emirates doubles services to Brisbane

    Dubai / Gulf Time Emirates is continuing its restoration of operations in Australia with the introduction of an additional daily service to Brisbane. This comes as the airline proudly celebrates 20 years of serving Brisbane, one of Emirates’ four Australian gateways in its global network. Starting June 1, Emirates will operate the second daily flight to and from Brisbane ...

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• 16 January

  SCCI continues its role in boosting Sharjah’s competitiveness

  

    Sharjah / WAM Sharjah Chamber of Commerce and Industry (SCCI) continued in the last year its leading role in creating the best investment environment, reinforcing the position of the emirate of Sharjah as a global business hub and bolstering its competitiveness and economic potential by following a strategy based on protecting the interests of businessmen and supporting its members ...

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• 16 January

  Bed Bath & Beyond triples as retail traders fuel latest burst

  

    Bloomberg Bed Bath & Beyond Inc. continued to surge, rising for a fourth day and hitting the highest level since early November, after the company’s bankruptcy warning reignited interest from retail traders. Shares in the home-goods retailer climbed as much as 29%, adding to 166% gains from the previous three sessions. Other so-called meme stocks also added to gains. ...

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• 16 January

  Delta’s profit outlook misses estimates as labour costs climb

  

  Bloomberg Delta Air Lines Inc. forecast first-quarter profit short of Wall Street’s estimates, dragging down the carrier’s shares as higher costs deal a blow to its efforts to further capitalise on a rebound in air-travel demand. Adjusted earnings will be 15 to 40 cents a share in the period, the airline said in a statement that also detailed fourth-quarter results. ...

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• 16 January

  China’s two state-owned airlines to delist in New York, joining exodus

  

  Bloomberg Two of China’s largest state-owned airlines said they would give up their New York stock exchange listings, joining a raft of government controlled firms that announced their departures from US bourses last year. China Eastern Airlines Corp. and China Southern Airlines Co. stated in separate filings their intentions to apply to voluntarily delist their American depositary shares listed on ...

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