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DUBAI / WAM Dubai Chamber has announced that it will shift to a 4.5-day working week starting January 3, 2022, in a move that falls in line with a newly approved work week for the UAE federal government employees. The official working hours will be 9 working hours per day Monday-Thursday, from 8:00 until 17:00, and four working hours ...
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December, 2021
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28 December
Jebel Ali Port receives Kaiso Line’s MV Atlantic Pioneer
Dubai / WAM DP World’s flagship Jebel Ali Port received MV Atlantic Pioneer, the first vessel from Kaiso Line, an Indonesia-based shipping company at its container terminal. The vessel left Jakarta on November 26 and reached the UAE on December 11. The call demonstrates how Jebel Ali Port is a vital link in the global trade network, connecting markets ...
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28 December
Warba Bank lists $250mn sukuk on Nasdaq Dubai
DUBAI / WAM Shaheen H Al-Ghanem, CEO of Warba Bank, a leading Kuwaiti Islamic Bank, Tuesday rang the market-opening bell to celebrate the listing of the bank’s $250 million perpetual Tier-1 Sukuk on Nasdaq Dubai, in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM). This is the third Sukuk listing by Warba Bank ...
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28 December
Xposure 2022 to kick off on February 9
Sharjah / Gulf Time The sixth edition of Xposure International Photography Festival – the largest premier photography and imaging show in the Mena region – is all set to expand the visual literacy of audiences in the UAE through the lens of internationally renowned photographers whose compelling and insightful perspectives and the causes they champion will be unveiled to ...
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28 December
What to expect from energy, Bitcoin and climate in 2022
The coming year may be one of the most crucial for the global energy system and the climate that absorbs so much of its carbon dioxide waste. After the pandemic collapse of 2020 and the chaotic restart of economies over the past year, 2022 will be the first time we can get a picture of what normality might be ...
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28 December
Consumers prepare to tighten up
The past year saw a shift in consumer habits that was broadly helpful to the retail sector: Not only did we go to restaurants again and buy more glamorous attire, we also continued to spruce up our homes and shop online. This meant that even with supply chain snarl-ups, most consumer companies had a pretty good 2021. This coming ...
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28 December
Video game industry and gender stereotypes
The video-game business has a long and troubled history of gender stereotypes. A round of scandals at multiple gaming companies offered a sad reminder that the industry has a lot more to do to fix its culture and, eventually, repair its reputation. But the situation isn’t hopeless. As a hit release from Sony shows, there is a big market ...
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28 December
Do Israelis really need a fourth Covid shot?
Israeli Prime Minister Naftali Bennett announced that, in response to the Omicron mutation sweeping Africa and Europe, Israel would be inoculating its vulnerable population with a fourth round of Pfizer vaccine, a booster to the booster. “The citizens of Israel were the first in the world to receive the third dose of Covid-19 vaccination and we are continuing to ...
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28 December
US cancels 1,100 flights more due to snow storms, Covid rise
Bloomberg Flight cancellations that disrupted US travel over the Christmas weekend stretched further, with winter storms further pressuring carriers that were already short-staffed because of spreading Covid-19 cases. About 1,160 US flights were cancelled on December 27 after more than 2,800 were dropped over the weekend, according to data from FlightAware.com. One of the hardest-hit carriers was Alaska Air ...
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28 December
Indonesia allows Boeing 737 Max jets to fly again
Bloomberg Indonesia became the latest country to allow Boeing Co’s 737 Max planes back to its skies, joining Ethiopia in lifting the ban on the aircraft that crashed in both countries more than two years ago. The transport ministry will let airlines resume flying the aircraft in its territories after completion of the investigation process and improvements made to ...
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