January, 2023

• 30 January

  AD Ports gets recognition for outstanding investment in staff

  

    Abu Dhabi / Gulf Time Having been the first organisation in the region to be awarded the prestigious IIP Platinum Accreditation by Investors in People (IIP) in 2019, AD Ports group announced on Sunday that it has retained its ‘We Invest in People’ platinum-level accreditation for the fourth consecutive year, following a thorough strategic review assessment. This prestigious accreditation ...

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• 30 January

  Dubai Cares, Ban Ki-moon Centre ink partnership deal

  

    Dubai / WAM Dubai Cares signed a new partnership with the Ban Ki-moon Centre for Global Citizens (BKMC) to launch the ‘Green Jobs for Youth – Online Training and Mentoring’ programme. With the addition of this new programme, Dubai Cares expanded its programmatic portfolio as a key step to place education at the heart of the global climate and ...

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• 30 January

  FTA launches first event under ‘Tax Support’ initiative in 2023

  

  Dubai / WAM The Federal Tax Authority (FTA) has launched the ‘Tax Support’ initiative to raise tax awareness among business sectors in the UAE through direct and sustained contact, as a means to enhance compliance with tax laws and regulations. The first workshop for 2023 under the initiative was held as a collaboration between the FTA and On Time Business ...

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• 30 January

  UAE health authorities launch several projects at Arab Health

  

  Dubai / WAM The UAE health authorities have launched several innovative health projects in the 48th edition of Arab Health 2023, which began on Sunday at the Dubai World Trade Centre and will conclude on February 2. The Ministry of Health and Prevention (MoHAP), the Department of Health—Abu Dhabi (DoH), and the Dubai Health Authority (DHA) are showcasing a host ...

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• 30 January

  Ethiopian Max crash report made false claims on 737: US

  

    Bloomberg Ethiopian investigators’ report into the Boeing Co. 737 Max crash outside Addis Ababa in 2019 falsely claimed the jetliner had an electrical failure, the US government said, in a highly unusual public rebuttal of the nation’s findings about the fatal accident. The US National Transportation Safety Board (NTSB) accused the Ethiopian Accident Investigation Bureau (EAIB) of making claims ...

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• 30 January

  Amazon to charge fees on US grocery orders

  

    Bloomberg Amazon.com Inc will start charging fees to online shoppers for grocery orders of less than $150, underscoring the challenging economics of getting food to shoppers’ doorsteps. The new fees coincide with the company’s efforts to cut costs and adjust to slower growth in online shopping. Charges for the Amazon Fresh grocery delivery service in the US will be ...

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• 30 January

  Silicon Valley business travel dried up, says Alaska Air CEO

  

    Bloomberg The head of Alaska Airlines says Silicon Valley technology companies have “turned off” their business travel, and it could be as much as another year before they start booking trips again. “These are the biggest tech companies in the world, and we do have some optimism that they’ll start opening the valve sometime — hopefully in the back ...

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• 30 January

  Levi revenue beats expectations as denim demand holds up

  

    Bloomberg Levi Strauss & Co. reported quarterly revenue that exceeded expectations, suggesting fears of a denim slowdown were overblown amid strong momentum in the direct-to-consumer business and improving trends in Europe. Revenue in the fiscal fourth quarter ended November 27 was $1.59 billion, compared with the $1.57 billion average estimate of analysts surveyed by Bloomberg. Earnings of 34 cents ...

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• 30 January

  Superdry drops after warning on weaker shopper sentiment

    Bloomberg Superdry Plc shares plunged after the fashion retailer cut its profit outlook for the year, blaming its underperforming wholesale business and warning of potential consumer weakness in the months ahead. The British retailer, known for its logo T-shirts and bright colours, expects adjusted pretax profit to be flat for fiscal year ending in April. That compares with a ...

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• 30 January

  Philippine coffee chain jumps to record

    Bloomberg Figaro Coffee Group Inc. jumped to a record as Philippine’s largest instant noodle maker Monde Nissin Corp. acquired a 15% stake in the company, giving the local coffee chain and restaurant operator more funds to expand its store network. Shares of Figaro advanced 5.6%, trimming earlier gains of as much as 6.7%, while volume surged about 24 times ...

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