April, 2023

• 24 April

  Dubai’s Emirates to launch services to Montréal in July

  

  DUBAI / WAM Emirates announced the launch of a new daily service from Dubai to Montréal, starting from July 5. This will be Emirates’ second gateway in Canada, complementing its existing passenger services to Toronto, which have been operating since 2007. This move comes as the UAE and Canada aim to deepen economic cooperation and stimulate benefits in the aviation ...

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• 24 April

  Need to create investment opportunities in new economy sectors, says UAE minister

  

  LONDON / WAM Abdullah bin Touq Al Marri, Minister of Economy, participated in the 13th edition of the City Week 2023 Forum, running in London on April 24-26. Through its three sessions, the latest edition of the forum discusses the issues of climate change, green financing and sustainability; institutional adoption; regulation of digital assets; and digitisation and innovation in capital ...

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• 24 April

  Multiply signs pact to acquire 55% stake in Media 247

  

  ABU DHABI / WAM Multiply Group (ADX: MULTIPLY), an Abu Dhabi-based investment holding company, has signed a binding commitment to acquire a 55 per cent majority stake in Media 247, one of the leading UAE outdoor advertising companies, for approximately AED 184 million. Media 247 assets include over 45 exclusive outdoor premium hoardings, unipoles and 3D structures spread across Dubai’s ...

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• 24 April

  Ministry commemorates 16 years of malaria-free UAE

  

  ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) has joined the global community in observing World Malaria Day on April 25, a day that marks the 16th anniversary of the UAE being declared malaria-free by the World Health Organisation in 2007. The ministry has reiterated the UAE’s commitment to helping reduce worldwide malaria incidence by 90% before ...

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• 24 April

  Barakah’s Unit 2 back online for continuous clean power

  

  ABU DHABI  / WAM At a time when many nations have suffered with energy shortages, the decision taken by the UAE just over a decade ago to construct its first nuclear plant has resulted in an annual capacity increase of 1400 MW of electricity that is available round the clock, and with zero emissions. This is a significant win for ...

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• 24 April

  ‘Ghada’ wins Mansour bin Zayed Festival Cup at Toulouse racecourse

  

  TOULOUSE, FRANCE  / WAM “Ghada” of Al Shaqab Arabians, trained by Thomas Forsey and ridden by Anthony Crastus, won the cup of the G2-PA Sheikh Mansoor Festival — Prix Nefta 2,000-metre race for purebred Arabian horses at the Toulouse racecourse, Hippodrome de Toulouse. The HH Sheikh Mansour bin Zayed Al Nahyan Racing Festival is staged on the directives of His ...

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• 24 April

  Sheikh Sultan okays 834 jobs in Sharjah

  

  SHARJAH / WAM His Highness Sheikh Dr Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved 834 jobs in the emirate of Sharjah. The announcement was made on Monday by Mohamed Hassan Khalaf, Director-General of the Sharjah Broadcasting Authority (SBA), through “Direct Line” programme. This includes 545 positions in the Sharjah Police, 50 positions each ...

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• 24 April

  P&G says ‘consumer demand is stabilising despite higher prices’

  

  BLOOMBERG Procter & Gamble Co (P&G) raised its sales projection for the fiscal year ending in June, citing higher prices and a slight increase in demand for some of its products. The shares rose the most in three years. The maker of Bounty paper towels and Herbal Essences shampoo said organic sales, which exclude fluctuations, should grow 6% from the ...

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• 24 April

  Bed, Bath & Beyond plans to swiftly liquidate, shutter stores

  

  BLOOMBERG Bed Bath & Beyond Inc, the big-box retailer that for decades provided essential shopping for college dorms, wedding gifts and new homes, will close all of its stores and liquidate inventory over the next two months after its turnaround failed. The Union, New Jersey-based company filed for Chapter 11 bankruptcy, a move that came months after saying it was ...

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• 24 April

  Berlin airport strikes by crew disrupt air travel

  

  BLOOMBERG Berlin’s main airport cancelled all departing flights on Monday amid another round of strikes by ground crew, underscoring ongoing labour tensions in Germany’s travel sector as the crucial summer travel season looms into view. Berlin Brandenburg airport said no departures were possible due to a one-day strike by security control staff. The disruption is the latest to hit a ...

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