December, 2022

• 15 December

  Abu Dhabi SME Hub to empower entrepreneurs

  

    Abu Dhabi / WAM The Abu Dhabi SME Hub, the interactive knowledge platform launched in 2021 as a public-private partnership initiative, has expanded its offerings to empower mSMEs and startups to drive the growth of this vital sector and contribute positively to sustainable development. The platform is a collaboration between the Abu Dhabi Department of Economic Development (Added), Khalifa ...

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• 15 December

  Etihad Airways doubles trips to New York

  

    Abu Dhabi / WAM Etihad Airways has announced double-daily flight on its popular New York route, making travel between the US and the UAE more convenient. From April 24, 2023, the airline will fly twice a day, seven days a week, on the Abu Dhabi — New York route, providing a total of 14 weekly nonstop services to John ...

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• 15 December

  ECI, Rakez partner to bolster Ras Al Khaimah’s non-oil trade

  

    Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a memorandum of understanding (MoU) with Ras Al Khaimah Economic Zone (Rakez) to support the emirate’s path towards economic diversification by stimulating its non-oil foreign trade. The MoU came as part of ECI’s continuing effort to support Ras Al Khaimah’s strategy to boost its ...

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• 15 December

  UAE participates in first G20 Finance and Central Bank Deputies meeting

  

    Abu Dhabi / WAM The UAE participated in the first G20 Finance and Central Bank Deputies meeting. Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the G20 priorities set by the Indian presidency and the finance track agenda for 2023. Ebrahim Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability ...

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• 15 December

  Sharjah Press Club wins Kuwait creativity award

  

    Sharjah / WAM The Sharjah Press Club (SPC) of the Sharjah Government Media Bureau (SGMB) has won the Kuwait Award for Creativity for its Ithmaar annual media training initiative, during the award’s 10th edition held in Kuwait. The Ithmaar initiative targets students aged between 10 and 17 to promote media awareness in the younger generation and introduce them to ...

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• 15 December

  Wizz Air Abu Dhabi expands its network

    Abu Dhabi / Gulf Time Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, is launching an exciting new route from Abu Dhabi to Medina in Saudi Arabia. Launching in February 2023, the new route will provide affordable, hassle-free travel for tourists and residents in both the UAE and Saudi Arabia with daily flights providing unique travel ...

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• 15 December

  Sharjah Shopping Promotions campaign launched

  

  Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) launched the latest edition of the Sharjah Shopping Promotions campaign, which will run until January 29, 2023, with huge promotional campaigns. Over 46 days, the event will boast a wide range of promotions at the best shopping centres, tourist attractions and family entertainment destinations in the emirate of Sharjah. ...

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• 15 December

  Delta raises profit outlook as rivals warn of weak demand

  

  Bloomberg Delta Air Lines Inc boosted its fourth-quarter earnings outlook but trimmed the top end of a revenue forecast, keeping a bullish travel forecast even as smaller carriers see weakening demand. The largest US airline by market capitalisation updated its fourth-quarter projection and full-year outlooks for 2022 through 2024 in a statement, ahead of presentations by executives at an investor ...

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• 15 December

  Embraer in talks to sell regional planes to Singapore Air’s Scoot

  

    Bloomberg Embraer SA is in talks with Singapore Airlines Ltd to supply its Scoot unit with regional jets, giving the low-cost subsidiary a smaller aircraft capable of serving more destinations in the region. The airline is considering the Brazilian planemaker’s E-jets, which typically seat 80 to 146 passengers, on services within Southeast Asia, according to people familiar with the ...

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• 15 December

  Amazon’s post-Covid cutbacks draw ire of Vietnamese supplier

  

  Bloomberg Amazon.com Inc faces a $280 million lawsuit from a Vietnamese manufacturer of warehouse storage systems that alleges the e-commerce giant abruptly scaled back orders after online spending growth cooled this year, leaving the manufacturer saddled with excess production capacity and raw materials. Gilimex Inc said it was a key partner of Amazon from 2014 to 2022, investing tens of ...

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