January, 2023

• 14 January

  Dewa organises 157 health, safety training sessions for its employees

    Dubai / WAM Dubai Electricity and Water Authority (Dewa) has organised 157 training courses and awareness sessions on occupational health and safety during 2022, with the participation of 2,170 employees from various divisions. Dewa also organised its 20th Internal Health and Safety Week, which featured various activities in all aspects of occupational health and safety, supporting Dewa’s continuous efforts ...

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• 14 January

  ECI appoints Raja Al Mazrouei as acting CEO

  

  Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, announced the appointment of Board member and Managing director of ECI, Raja Al Mazrouei, as the acting CEO to succeed Massimo Falcioni, who stepped down from his position as CEO of the company. Raja Al Mazrouei is an accomplished digital transformation expert with over two decades of ...

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• 14 January

  Shurooq launches Sky Adventures in Sharjah’s central region

  

    Sharjah / WAM The Sharjah Investment and Development Authority (Shurooq), has launched ‘Sky Adventures’, the first official paragliding licensed centre in the UAE, and Shurooq’s latest investment in sports, leisure and adventure tourism in Sharjah’s central region. The centre will be open to the public next Monday, offering aerosports enthusiasts an unforgettable opportunity to experience the picturesque desert landscapes ...

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• 14 January

  US flight chaos puts harsh spotlight on FAA

  

    Bloomberg An overlooked software flaw is opening up US aviation authorities to new scrutiny over the resiliency of the systems that keep the nation’s planes moving. Federal Aviation Administration (FAA) officials were still working to determine what went wrong in an outage that prompted a nationwide flight stoppage. The agency said preliminary findings traced the cause to a “damaged ...

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• 14 January

  Airbus explores next level of cockpit automation tech

  

    Bloomberg Airbus SE is exploring the next level of cockpit automation, testing a system that would provide advanced assistance from alerts on the ground to emergency diversions at cruising altitude should the crew be incapacitated. The technology, called DragonFly, is designed to let planes perform an automated landing even in difficult weather conditions or low visibility while communicating with ...

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• 14 January

  Asia Pacific airlines see 500% jump in international demand

  

    Bloomberg Airlines in the Asia Pacific region flew 13.4 million passengers internationally in November, compared with just 1.8 million in the same month a year earlier, according to preliminary data from their trade association. Revenue passenger kilometers, which measures demand, surged nearly 500%, far ahead of the 187% growth in seat capacity. That resulted in a 40 percentage point ...

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• 14 January

  Retailers fear sticky UK inflation despite Christmas boost

  

    Bloomberg Two of Britain’s best-known retailers celebrated strong sales in the run-up to Christmas but warned that stubborn inflationary pressures are still darkening the outlook. Marks & Spencer Group Plc’s high-end grocery business enjoyed its best ever market share for the festive period as shoppers indulged in festive treats despite the worst cost-of-living crisis in a generation. Meanwhile Tesco ...

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• 14 January

  Hong Kong Airlines sees full capacity by mid-2024

    Bloomberg Hong Kong Airlines Ltd said it expects to return to 75% of pre-pandemic capacity by the end of this year and 100% by mid-2024, after increasing operations to 30% this month. The carrier, which had a $6.3 billion debt restructuring plan approved by courts in December, is also raising basic pay by 8% and lifting flying hourly rates ...

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• 14 January

  China solar firm plans US plant in win for Biden energy push

  

    Bloomberg A leading Chinese solar panel maker has leased space for its first US factory in another win for the Biden administration’s efforts to build up the nation’s clean energy manufacturing base. JA Solar Technology Co. will build a $60 million panel plant in Phoenix with plans to be operational by the fourth quarter of this year, the company ...

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• 14 January

  Energy crunch turns Sweden into Europe’s biggest power exporter

  

  Bloomberg Europe’s energy crisis upended power trading last year, driving Sweden to become the region’s top exporter after extensive outages in France’s nuclear reactor fleet. Sweden sent 33 terawatt-hours to other nations in 2022, making it the No. 1 exporter for the first time, according to Entso-E data analyzed by Rystad Energy AS. The UK flipped to being a net ...

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