April, 2022

• 20 April

  Air Arabia resumes flights to 4 Saudi cities

  

    SHARJAH / WAM The low-cost carrier Air Arabia has announced the resumption of its direct flights between Sharjah and four cities in the Kingdom of Saudi Arabia; Taif, Al Jouf, Gassim, and Hail, starting April 28. Passengers will enjoy flying directly from Sharjah International Airport to these cities, where the frequencies will increase during summer. Customers can now book ...

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• 20 April

  Julphar to launch more than 100 new products in next eight years

  

    Ras Al Khaimah / WAM Gulf Pharmaceutical Industries (Julphar) has announced its Strategy 2030 to drive transformation through sustainable growth and deliver enhanced value for all stakeholders. Strategy 2030 is set to triple Julphar’s revenues via six central growth pillars – “Maximising Revenue from Current Product Portfolio,” “New Product Launches,” “Geographical Expansions,” “Strategic Business Initiatives,” “Advanced Specialty Products Initiative”, ...

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• 20 April

  Dewa launches new tool to assess electricity, water consumption in Dubai

  

    Dubai / WAM Dubai Electricity and Water Authority (Dewa) has added a Self-Assessment tool for residential customers to easily understand their consumption patterns, as part of Dewa’s Smart Living initiative. The Self-Assessment tool includes a survey on electricity and water consumption for customers to assess their consumption and learn about different ways for conservation. After completing the assessment, customers ...

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• 20 April

  Sharjah issues, renews over 17,000 licenses in Q1 2022

  

  SHARJAH / WAM Sharjah Economic Development Department (SEDD) revealed that the first quarter of 2022 witnesses a remarkable growth in the number of issued and renewed licenses. Therefore, the total number of licenses reached 17,059 ones, with a growth rate of 7% over the same period in 2021, by an increase of 1,139 licenses, whereby the issued licenses hit 1979 ...

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• 20 April

  Emirates increases flights to Algeria

    ALGIERS / WAM Emirates, the largest airline in the UAE, will double its flights between Algiers and Dubai from two to four flights weekly, starting May 1, in response to growing passenger demand for air travel. The service between Algiers and Dubai will no longer be linked with Tunis, offering more flexibility and convenience to travel to Dubai and ...

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• 20 April

  Adihex is destination for falconers from worldwide

  

    ABU DHABI / WAM The audience of Abu Dhabi International Hunting and Equestrian Exhibition (Adihex), particularly tens of thousands of falconers in the region, are attracted annually to visit and see the latest products and equipment that are up to date with the developments of the falconry world, where heritage blends with technology, which is harnessed to serve falconers. ...

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• 20 April

  Russia’s sunken warship is a warning to all navies

  

  The sinking of the Russian Black Sea flagship Moskva was the first destruction of a major warship in combat since the Falklands war 40 years ago, when both the UK and Argentina lost large surface ships in the cold waters of the South Atlantic. For the Russians, you would have to go back to World War II to find a ...

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• 20 April

  How about a supply chain closer home

  

  Bringing manufacturing back to Europe — what’s called “reshoring” or “onshoring” — is a reasonable, if not vital, business strategy. Over the previous two decades, manufacturers shifted production of everything from cars to cosmetics primarily eastwards to China, in an attempt to cut labor costs and protect margins. The supply chain snarls brought on by geopolitics and Covid-19 are now ...

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• 20 April

  Recession predictions are piling up in a way

    Wall Street’s focus seems to have changed in recent days from how fast and how high the Federal Reserve will raise interest rates to the timing of the next recession. The two are not mutually exclusive. The consensus is that the Fed is so far behind that curve when it comes to increasing rates that it will have no ...

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• 20 April

  Joe Biden’s gas exports create new headaches

    The law of conservation of energy is ingrained in every high school science student: Energy can’t be created or destroyed, only transformed or transferred. The global natural gas market represents the political version of that primary tenet of thermodynamics. Europe’s demand for liquefied natural gas (LNG) to replace Russian imports has now been transferred to the US. Until now, ...

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