September, 2022

• 30 September

  Noor Dubai resumes its humanitarian activities in Nepal

  

    Dubai / WAM Noor Dubai has resumed its humanitarian activities in Nepal by conducting an eye camp to screen and treat eye diseases, primarily Cataract. The UAE-based NGO launched the seven-day eye camp on in partnership with the Nepal Netra Joyti Sang hospital. According to the available data, Nepal was one of the first countries to conduct a nationwide ...

  Read More »
• 30 September

  India’s Haryana state to study UAE’s safari parks

  

    NEW DELHI / WAM Hoping to learn from the UAE’s experience in jungle and desert safaris, Manohar Lal Khattar, Chief Minister of the Indian state of Haryana, is in the northern emirates on a two-day visit. He will visit Dubai Safari Park and Sharjah Safari with a team of high-level officials from Haryana’s Tourism and Wildlife Department, officials in ...

  Read More »
• 30 September

  Wizz Air Abu Dhabi launches its new services to Ankara

    ABU DHABI / Gulf Time Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has launched its latest routes to Turkey’s capital and the second most populous city in the country, Ankara. This step reaffirms the airline’s commitment to provide travellers with the opportunity to explore numerous experiences across many destinations within its network. The new routes ...

  Read More »
• 30 September

  The UK’s cryptic £40 billion bailout for energy traders

  

  The £40 billion ($43 billion) plan announced in the first days of Liz Truss’s government to bolster energy traders remains a black box. Who benefits, at what cost and under what conditions is a mystery the Treasury and the Bank of England have yet to explain — with three weeks to go until the fund is formally launched. The Energy ...

  Read More »
• 30 September

  Look! who succeeds Jope as Unilever CEO

  

  In 2016, Alan Jope did an energetic workout with the host of the “Spartan UP!” motivational podcast series, at one point even doing burpees. But the longtime Unilever Plc executive turned out to be less of a corporate action man. The maker of Marmite and Magnum ice cream said that Jope would retire at the end of next year. The ...

  Read More »
• 30 September

  The detroit of Asia now wants a shot at EVs

    In 1961, a boxy sedan called the Ford Cortina kicked off Thailand’s auto industry with local workers assembling the cars using parts shipped from Britain. A few years later, Toyota Motor Corp. and Nissan Motor Co. set up factories, launching a decades-long expansion that made the country Asia’s third-largest — and the world’s No. 10 — auto manufacturer. That ...

  Read More »
• 30 September

  US student loan reforms are a looming disaster

    Amid the stir caused by President Biden’s plan to cancel student loan debts, far too little attention has been paid to another far-reaching reform: the administration’s change to a lending program known as income-driven repayment (or IDR). If widely applied, Biden’s proposal would provide additional relief to millions of borrowers — and make the US student loan system even ...

  Read More »
• 30 September

  Lockheed F-35’s cost grows by its standards to $412bn

  

  Bloomberg The Pentagon’s latest estimated cost to develop and procure the F-35 fighter jet, the world’s most expensive weapons program, has edged up to $412 billion from $398 billion, according to the Defense Department’s latest program report. The $398 billion estimate held steady for several years before the latest 3.5% increase, outlined in the Defense Department’s new Selected Acquisition Report ...

  Read More »
• 30 September

  Apple ditches iPhone production increase

  

    Bloomberg Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialise, according to people familiar with the matter. The Cupertino, California-based electronics maker has told suppliers to pull back from efforts to increase assembly of the iPhone 14 product family by as many as 6 ...

  Read More »
• 30 September

  Cathay in talks with Boeing, Airbus to refresh cargo fleet

  

    Bloomberg Cathay Pacific Airways Ltd. is in talks with Airbus SE and Boeing Co. about buying next-generation freighter aircraft as it seeks to renew and replace some of its cargo jets. Hong Kong’s main carrier, also one of the world’s biggest cargo airlines by capacity, is mulling purchasing either Airbus A350 freighters or Boeing 777-8F jets. Cathay could buy ...

  Read More »