June, 2022

• 30 June

  DFF hosts startups and VCs to explore collaborations in tech

  

    Dubai / WAM Dubai Future Foundation (DFF) organised an event bringing together startups with venture capital firms to explore opportunities for collaboration and growth in the technology and digital economy sector. In line with DFF’s ongoing efforts to enhance Dubai’s position as a global hub for tech innovators and investors, the event was part of the “10×10” initiative launched ...

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• 30 June

  Thani Al Zeyoudi promotes trade agenda during Florida visit

  

    WASHINGTON DC / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, concluded a two-day visit to Florida, which focused on expanding the bilateral UAE-US trade and commercial relationship. His trip to the “Sunshine State” builds on recent economic development missions to the UAE by local South Florida officials. Dr Al Zeyoudi met Broward County ...

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• 30 June

  Tadweer gears up efforts in preparation for Eid Al-Adha

    ABU DHABI / WAM Abu Dhabi Waste Management Centre (Tadweer) has announced a comprehensive work plan for Eid Al-Adha to manage the expected increase in the volume of waste during the holiday. Dr Salem Khalfan Al Kaabi, Tadweer Director-General, said, “The centre is constantly working to improve the services that it provides to the community of Abu Dhabi, which ...

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• 30 June

  Etihad expects to fly 2.7 million passengers

    Abu Dhabi / WAM Etihad Airways and Abu Dhabi International Airport have geared up resources and are ready to welcome 2.7 million network passengers over the summer months, following a surge in demand for global travel. Over 1.4 million passengers will depart from Abu Dhabi International Airport, including 330,000 local joiners, with more than 1,100 weekly network-wide departures. Mohammad ...

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• 30 June

  Malabar group’s M FIT interior decoration opens new office in Dubai

  

    Dubai / Gulf Time M FIT Interior decoration, a business vertical of the Malabar group, opened its new office in Al Fajer Complex, Zabeel Furniture Mall in Oud Metha, Dubai. The firm, operating in UAE and India, has been in the business for over a decade and is a well-recognised establishment for the interior Fit-out projects providing turnkey solutions ...

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• 30 June

  UK power grid investors set for higher returns than expected

  

    Bloomberg Investment returns from UK power network operators are set to be higher than analysts expected as the regulator unveiled a $25.5 billion budget for expanding the grid for the green-energy transition. Ofgem said it’s proposing tough efficiency targets for the networks, along with a reduction in their allowed rate of equity return to 4.75% from about 6%. While ...

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• 30 June

  The West must move east for Nato to survive

  

  The leaders of the North Atlantic Treaty Organization countries are in Madrid for the alliance’s most consequential summit in a generation. Nato appears to have overcome Turkish diplomatic blackmail to bring in two new members, Sweden and Finland. It must approve a new concept for transatlantic security amid Russia’s ongoing assault on Ukraine. Not least, the alliance — and the ...

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• 30 June

  Nike’s slowdown should worry investors

  

  Nike Inc.’s sales slump in China is capturing attention. But it’s the slowdown in North America that should worry investors. The world’s largest sportswear company reported a 20% fall in sales, excluding currency movements, from greater China in the three months to May 31, as Covid-related disruptions affected 60% of its business in the country. Even as Nike announced a ...

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• 30 June

  How to win the hybrid workforce revolution

    The most important work-related debate of our time is stuck on repeat. Many senior executives continue to believe that working from home is tantamount to pretending to work, with Elon Musk saying out loud what his more restrained colleagues say in private, while many remote-work enthusiasts continue to believe that they have an absolute right to work where they ...

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• 30 June

  Trump’s final scene didn’t go as per script

    Once upon a time, long before Donald Trump began fabricating narratives about his prowess and personal history, he wanted to be a movie producer. He admired old-school Hollywood producers such as Darryl F. Zanuck and Cecil B. DeMille, and considered attending film school at the University of Southern California. Trump’s father marched him into the family real estate business ...

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