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DUBAI / WAM Enoc Group on Tuesday marked the ground-breaking of its state-of-the-art occupational screening centre located in Jebel Ali to support the health and social wellbeing of its employees and the local industrial sector in general. Saif Humaid Al Falasi, Group CEO at Enoc, laid the foundation stone in the presence of Awadh Seghayer Al Ketbi, Director-General of the ...

DUBAI / GULF TIME Parisian luxury label Philippe Model introduced its Spring Summer 2023 collection to an exclusive gathering of sneaker heads. Philippe Model’s were in for a treat as the brand unveiled its latest line-up of exciting new products to its incorporation of refined material and technology for enhanced comfort of the wearer, guests were treated to a sneak ...

ABU DHABI / GULF TIME His Excellency Dr Mubarak Hamad Marzouq Al Ameri, Chairman of the Board of Directors of Green Gate Investment Company, inaugurated the tenth branch of Life Pharmacies in Al Ain. Accompanied by the managers of Life Pharmacy Group, Dr. Mubarak Al Ameri toured the new branch, and checked the departments of medicines, supplies and medical devices. ...

BLOOMBERG Reliance Industries Ltd, First Solar Inc and Avaada Group are among winners of India’s $2.4 billion incentives plan to encourage domestic manufacturing of solar modules. The government said it allocated total capacity of 39.6 gigawatts of annual production to 11 companies under the programme. India will give out 139.4 billion rupees to boost local module output, state-run Solar Energy ...

BLOOMBERG Richard Branson was long a force to be reckoned with in the booming private space business. The British serial entrepreneur beat fellow billionaire Jeff Bezos to the first cosmic tourist trip with his Virgin Galactic venture. Branson’s second space foray, Virgin Orbit, strapped rockets under the wing of a jumbo jet to launch satellites on their flight path, complete ...

BLOOMBERG Ocado Group Plc said sales rose in the first quarter as new customers signed up to its online grocery business with Marks & Spencer Group Plc amid a rising cost-of-living crisis. Sales rose 3% on the year before and customers rose by nearly 14% during the period. Ocado expects to build on this momentum to return to sales growth ...

BLOOMBERG China Southern Airlines Co Ltd, the country’s largest airline by fleet size, expects to take delivery of more than 200 Boeing Co and Airbus SE single-aisle jets over three years. The Guangzhou-based carrier’s aircraft delivery and disposal plan revealed an addition of 103 Boeing 737 aircraft over the period. The report also showed that 111 Airbus A320 series jets ...

DUBAI / WAM United Airlines has launched a new nonstop daily service between its New York/Newark hub and Dubai International (DXB). United is the only US airline to offer non-stop flights between Dubai and the United States, flying to more destinations in the Middle East than any other US airline. The new service marks United’s return to Dubai, which the ...

BLOOMBERG Adani Group stocks slumped on Tuesday as local media reports sparked renewed concerns over the ports-to-power conglomerate’s ability to repay its debt. Adani Ports & Special Economic Zone Ltd fell 5.7% to close at 593.40 rupees — lower than the price GQG Partners paid to buy a stake earlier this month — after plummeting more than 9% earlier in ...

BLOOMBERG US futures and European stocks struggled for direction as investors awaited data for clues on monetary policy and assessed developments in the banking sector. Treasuries fell. Contracts on the S&P 500 were little changed, while those on the Nasdaq 100 dropped. European equities erased earlier gains as French lenders fell on news the country’s financial prosecutor is searching five ...