December, 2022

• 17 December

  Star Paper Mill to establish recycled paper mill in Kezad

  

    Abu Dhabi / Gulf Time Khalifa Economic Zones Abu Dhabi – Kezad group, the integrated trade, logistics, and industrial hub of Abu Dhabi, on Friday announced the signing of a 50-year land lease agreement with speciality tissue manufacturer, Star Paper Mill, for the establishment of a new facility to manufacture recycled Kraft Paper Jumbo reels, diversifying the company’s product ...

  Read More »
• 17 December

  Joint media work between countries fundamental to strategic cooperation

  

  MOSCOW / WAM The Emirates News Agency (WAM) participated in the “Russia – Islamic World: Practical Steps in Media Cooperation” international conference, which was held in the Russian Capital, Moscow. The international conference was co-organised by the Russia-Islamic World Strategic Vision Group, Sputnik International News Agency, and Union of OIC News Agencies (UNA), with broad participation of over 50 representatives ...

  Read More »
• 17 December

  CBUAE issues commemorative coins to mark AUS’ Silver Jubilee

  

    Abu Dhabi / WAM The central bank of the UAE (CBUAE), in collaboration with American University of Sharjah (AUS), issued 1,000 commemorative silver coins to celebrate AUS’ Silver Jubilee. The issuance of these commemorative coins aims to celebrate twenty-five years since the establishment of AUS in 1997, in fulfilment of the vision of its founder, HH Dr Sheikh Sultan ...

  Read More »
• 17 December

  Dubai Cyber Innovation Park unveils first NFT drop

    DUBAI / WAM Dubai Cyber Innovation Park (DCIP), the Research and Knowledge Arm of Digital Dubai, represented by the Dubai Electronic Security Centre, launched the “CyberMaster Trophy” as the first of its kind NFT drop of DCIP, as part of its efforts in cyber innovations and raising awareness in cybersecurity. The raffle draw date will be on announced on ...

  Read More »
• 17 December

  ALC showcases projects, developments at Jeddah book fair

  

    Sharjah / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is showcasing some of its major projects, initiatives and publications with its participation at the Jeddah International Book Fair 2022. The fair is organised by Saudi Arabia’s Literature, Publishing, and Translation Commission from 8th to ...

  Read More »
• 17 December

  Boeing closes in on Max order from Tata group’s Air India

  

    Bloomberg Boeing Co is closing in on an order for as many as 200 of its 737 Max jets from Air India Ltd’s new owner Tata Group as the two sides race to wrap up talks before the year-end holidays, according to people familiar with the matter. The final deal is expected to include 40 to 50 Max aircraft ...

  Read More »
• 17 December

  Baggage handlers call off planned strike at London Heathrow

  

    Bloomberg Baggage handlers at London Heathrow airport called off a strike after their union received an improved pay offer from Menzies Aviation. The U-turn means a three-day walkout won’t take place, as the Unite union ballots members on the new offer. Financial details were not disclosed. Unite had said that more than 400 workers at Heathrow Terminals 2, 3 ...

  Read More »
• 17 December

  Germany to receive F-35s in 2026 to rejuvenate Air Force

  

    Bloomberg Germany is set to receive the first batch of its F-35 fighter jets in 2026, though the initial eight units will remain stationed in the US for training purposes, creating a tight schedule to build up more advanced air-defense capabilities before the aging Tornado models are retired in 2030. The procurement schedule foresees a handover in tranches, with ...

  Read More »
• 17 December

  UK retail sales fall in November as inflation crisis deepens

  

    Bloomberg UK retail sales unexpectedly fell in November as Black Friday failed to deliver its usual boost, deepening the cost of the living crisis engulfing the sector. The volume of goods sold in shops and online fell 0.4%, the Office for National Statistics (ONS) said. Sales excluding auto fuel fell 0.3%. Economists expected a 0.3% gain on both measures. ...

  Read More »
• 17 December

  Walmart’s S Africa unit staff drop union for wage offer

    Bloomberg Massmart Holdings Ltd expects more workers at its Makro stores to leave the South African Commercial‚ Catering and Allied Workers’ Union in order to accept the Walmart-owned company’s wage offer. About 800, or 17%, of the Makro Saccawu members have resigned from the union and the firms sees more joining them after receiving “a flurry of calls from ...

  Read More »