December, 2022

• 21 December

  2,000 global business executives, investors to attend Dubai summit

  

    DUBAI / WAM As the 2022 World Cup in Qatar united the world to the Middle East, nearly 2,000 global business executives and investors will attend the World Corporate Summit in Dubai to share the vision of improving the world through business. Held in Dubai from November 21 until December 15 at the Palace Downtown Hotel, this record-breaking mega ...

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• 21 December

  Momentum Group set to foray into Dubai market

  

    Dubai / Gulf Time After having firmly entrenched itself the world over Momentum Group is all set to foray in the multicultural cosmopolitan Dubai market which is synonymous with the posh shopping malls, penthouses and where the real estate and tourism activity is fast returning to normal. The three-decade old group under the able guidance of Gamal El Hakim ...

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• 21 December

  Adib gets e-Marketplace Champion Award

    Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib) received the e-Marketplace Champion Award for its excellence in digital adoption from blockchain-powered e-Marketplace TradeAssets. With TradeAssets platform, Adib has secured 130 deals with total value of over $128 million till date and 11 banks from Bangladesh. Abdulla Shehhi – Global Head International Business Group (IBG), at Adib, said, “Adib ...

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• 21 December

  ALC launches ‘Scan and Learn Arabic’ smartphone app

  

  Abu Dhabi / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has helped develop an innovative new app that encourages adoption and mastery of the Arabic language. The ‘Scan and Learn Arabic’ app, launched in collaboration with Abu Dhabi’s Department of Community Development (DCD) and Department ...

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• 21 December

  London City airport dials back plans for 40% hike in capacity

  

    Bloomberg London City airport dialed back proposals for more early-morning and Saturday flights in a bid to make its plans to lift capacity by almost 40% more palatable to planning officials and local people. The terminal, favoured by business travellers for its proximity to London’s financial districts, is sticking with an application to raise its annual passenger cap to ...

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• 21 December

  Rolls-Royce engine key to zero-carbon shift ready for trials

  

    Bloomberg Rolls-Royce said a new aircraft engine designed to slash carbon production over coming decades is ready to be fired up in ground-based tests. The demonstrator turbine for the so-called UltraFan program has completed assembly and been transported to Rolls’s purpose-built Testbed 80 in Derby, England, where it has been mounted in preparation for activation early next year, the ...

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• 21 December

  Boeing races to win Congress reprieve for 737 Max models

  

    Bloomberg US congressional leaders are poised to exempt two Boeing Co 737 Max models from a new cockpit requirement that would take effect next week, a victory that would help the planemaker avoid an expensive redesign and potentially lengthy certification delays for the jets. Lawmakers were expected to include the controversial provision in the so-called omnibus bill expected to ...

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• 21 December

  Fendi goes back to school to save centuries of Italian tradition

  

    Bloomberg When Serge Brunschwig arrived in Rome almost five years ago to become Fendi’s chief executive, he was confronted with a conundrum: the company was struggling to find skilled workers. The problem left the 62-year-old McKinsey alum taken aback. After all, Italy has always been known for its artisans, from the violin-makers, textile designers and painters of the Renaissance ...

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• 21 December

  India’s Adani unveils digital platform for airport services

    Bloomberg The Adani Group rolled out a digital platform for its airport vertical as the ports-to-power conglomerate, helmed by Asia’s richest person, Gautam Adani, inches closer to unveiling its super app. Adani One, developed in-house, will enable users to book air tickets, check flight status, access lounges, shop for duty-free products, get cabs and avail parking facilities. “We have ...

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• 21 December

  United CEO meets Mesa pilots

    Bloomberg United Airlines Holdings Inc Chief Executive Officer Scott Kirby met with pilots at a Mesa Air Group Inc training facility, after Mesa said it had ended its partnership with United competitor American Airlines Group Inc. Kirby, whose company already contracts with Mesa for some service, visited amid talks to expand its ties with the regional carrier, Mesa CEO ...

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