January, 2023

• 12 January

  VP awards Mansour bin Zayed Mohammed bin Rashid’s Scarf

  

  ABU DHABI / WAM In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has bestowed the ceremonial Mohammed bin Rashid’s Scarf upon HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the ...

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• 12 January

  DP World sees greenest-ever year at Southampton port

  

  Dubai / WAM DP World’s container terminal at Southampton enjoyed its greenest-ever year in 2022 after delivering a 55% reduction in net carbon emissions from its fleet and installations. DP World, the leading provider of worldwide smart end-to-end supply chain logistics, runs the UK’s most advanced logistics hubs: two deep water ports at Southampton and London Gateway with access to ...

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• 12 January

  UAE golden visas issued in all categories rose to 79,617 in 2022: GDRFA

  

    Dubai / WAM The number of golden visas issued in all categories increased to 79,617 in 2022, up from 47,150 in 2021, the General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA) said. The year ended on a high-note, completing millions of transactions and providing customers with high-quality smart services. The GDRFA also received a number of local ...

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• 12 January

  CBUAE issues new guidance on anti-money laundering

  

    Abu Dhabi / WAM The central bank of the UAE (CBUAE) has issued new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for licensed financial institutions (LFIs) including banks, finance companies, exchange houses and insurance companies, agents and brokers. The guidance, which comes into effect immediately, will assist LFIs’ understanding of risks and effective implementation of ...

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• 12 January

  ADGM publishes healthcare regulations

    Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) has issued the ADGM Healthcare Regulations 2022, which adopt the Abu Dhabi onshore healthcare legislation, including the regulations, rules, standards, guidance and circulars for healthcare operators and professionals issued by the Department of Health Abu Dhabi (DoH) into ADGM’s legislative framework. As a result of this adoption, ADGM’s Registration Authority ...

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• 12 January

  Borouge materials selected for Cairo metro infrastructure works

  

  Abu Dhabi / WAM Borouge Plc announced on Wednesday that its block polypropylene (PP-B) materials have been selected by the consultant and contractor of the engineering, procurement and construction (EPC) works to manufacture drainage pipelines of the third line of the Greater Cairo Metro project in Egypt. Through the partnership, Borouge will provide its materials to Egyptian German Industrial Corporate ...

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• 12 January

  Rising costs, stiff competition cloud outlook for Sainsbury

  

    Bloomberg Higher food and payroll costs are weighing on J Sainsbury Plc, squeezing the British grocer as it tries to hold down prices for cash-strapped shoppers. The supermarket chain’s shares fell as much as 3% in London even after it reported strong Christmas sales and said profit will be at the higher end of a previously guided range. That’s ...

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• 12 January

  Flights delayed across US after FAA system outage

  

    Bloomberg The failure of a key pilot notification system operated by the Federal Aviation Administration (FAA) disrupted air travel in the US early on Wednesday morning, with United Airlines Holdings Inc. temporarily grounding flights to all destinations. Scores of passengers due to fly domestically reported delays on social media, and there was no estimate available for the restoration of ...

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• 11 January

  Garuda Indonesia leads list of world’s most on-time airlines

  

  Bloomberg As Covid-19 pandemic restrictions are eased and airlines rebuild flight capacity, the performance of the world’s carriers is again falling under the scrutiny of analysts and passengers alike. So which airlines are whizzing people around the world on time? And which are the laggards of the skies? The most punctual global airline of 2022 was Garuda Indonesia, according to ...

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• 11 January

  Boeing’s flurry of deliveries spurs best month in four years

  

    Bloomberg Boeing Co closed 2022 with its best month of deliveries in four years, buoying the planemaker’s cash and signalling that its recovery is gaining momentum. The company said that it handed over 69 jets in December — including 54 from its cash-cow 737 family — and recorded 250 gross orders. The performance gave Boeing 387 deliveries of the ...

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