Masonry Layout

Dubai Cares receives AED5 million donation from Car Fare group

  Dubai / WAM Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI), has announced that it received an AED5 million donation from Car Fare group, a vehicle rental and leasing organisation, to empower children and youth in developing countries with access to quality education. Car Fare group’s financial support will be directed to Dubai Cares’ programmes ...

Read More »

Etihad Airways boosts flights to New York-JFK this winter

  Abu Dhabi / WAM Etihad Airways has increased flights to New York, United States. From November 15, Etihad will add four weekly flights on the Abu Dhabi – New York route, providing a total of 11 weekly nonstop services to John F. Kennedy International Airport (JFK). The new flights will be operated with a Boeing 787-9 Dreamliner, while existing ...

Read More »

Al Bateen Executive Airport reopens after major upgrade

  ABU DHABI / WAM Al Bateen Executive Airport has reopened following the successful completion of a major refurbishment project which will allow the airport to cater to increased operational demand while meeting the highest levels of safety, compliance, and accreditation. Close cooperation between the General Civil Aviation Authority (GCAA) and Abu Dhabi Airports (AD Airports) during the project followed ...

Read More »

European buyers snapping up most Russian crude since April

­­­Bloomberg Russia’s crude shipments surged last week, recovering almost all of the previous slump. Seaborne exports to European buyers rose to the highest level since April, as some refiners continue to process barrels, even after Moscow’s invasion of Ukraine. Total flows rise to 3.41 million barrels a day in the period to August 19, vessel-tracking data monitored by Bloomberg show. ...

Read More »

Paytm billionaire founder wins resounding vote to stay at helm

  Bloomberg The billionaire founder of Paytm emerged unscathed in a crucial test of investor confidence, with a forceful majority of shareholders voting to keep him at the helm of the fintech pioneer that made one of the worst market debuts in Indian history. An emphatic 99.67% of shareholders voted to maintain Vijay Shekhar Sharma as the managing director and ...

Read More »

India’s laboratory-made diamond exports to hit $8b with US demand

  Bloomberg India, which cuts or polishes about 90% of the diamonds sold in the world, is ramping up sales of laboratory-made gems as demand from the US surges and they become more accepted in other markets. Exports of polished lab-grown diamonds may double in the current financial year started from April 1 from $1.3 billion in the prior year, ...

Read More »

Economists lift S’pore inflation outlook, see more tightening

  Bloomberg Singapore’s inflation is seen to remain elevated until the first quarter of next year and the central bank will probably tighten further at the October review, according to a Bloomberg survey of economists. Headline and core inflation forecasts show a quickening into yearend, before both measures start to ease in the January-March period and slip below 4% from ...

Read More »

Power crunch in Sichuan adds to industry’s woes in China

  Bloomberg Sichuan’s worst drought in more than a half century spurred the Chinese province to extend industrial power cuts and activate its highest emergency response, adding to manufacturers’ woes as they shut down factories in the region. Temperatures above 40 degrees Celsius (104 degrees Fahrenheit) and scant rainfall, along with surging demand for air conditioning, have caused gaps in ...

Read More »

US, South Korea begin biggest joint military drills in years

  Bloomberg The US and South Korea began on Monday their biggest joint military exercise in about five years, after a hiatus on large-scale drills failed to entice North Korea’s Kim Jong Un to make concessions in disarmament talks. The drills known as Ulchi Freedom Shield are expected to involve thousands of military personnel, and will run for two weeks. ...

Read More »

Sheikh Mohamed and Egyptian President discuss fraternal ties

AL ALAMEIN, Egypt / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Al Alamein City on a fraternal visit to the Arab Republic of Egypt. Upon his arrival at Al Alamein International Airport, President His Highness Sheikh Mohamed bin Zayed was received by President of Egypt, Abdel Fattah el-Sisi. While welcoming President HH Sheikh Mohamed ...

Read More »
Send this to a friend