Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has launched its Community Centre of Excellence, aimed at delivering world-class programmes to startups and founders at any stage in the life cycle to accelerate market access, talent hire and fundraising. The Centre of Excellence will also deliver annual events and touchpoints between Hub71 startups and its corporate and government ...
Read More »Emirates all set to operate 28 weekly flights to South Africa from October
Dubai / WAM Emirates on Wednesday announced that it will be expanding its operations in and out of South Africa, boosting its schedule to 28 weekly flights by October. This is the airline’s largest weekly schedule to South Africa since the start of the pandemic, which aims to bring more competitive choices for customers wishing to visit Dubai, and through ...
Read More »SPE ATCE to be co-located with Gastech in Dubai
Dubai / WAM Gastech, the world’s foremost exhibition and conference supporting the gas, LNG, hydrogen, and energy industry, and the SPE Annual Technical Conference and Exhibition (ATCE) will take place alongside each other in Dubai from September 21-23, 2021, the organisers of both events announced on Wednesday. The co-location of Gastech and ATCE, at the Dubai World Trade Centre, will ...
Read More »Deal signed to facilitate doing business in Dubai
Dubai / WAM Dubai Economy and Emirates Integrated Telecommunications Company PJSC (du), signed a Memorandum of Understanding (MoU) to launch the ‘Start @ du’ initiative to facilitate doing business in Dubai. The MoU is in line with the joint commitment to promote excellence in providing smart services and initiatives that contribute to raising the competitiveness and sustainability of businesses in ...
Read More »Federal Reserve faces its greatest pandemic test yet
The Federal Reserve has met the historic challenge of navigating the world’s largest economy through a pandemic. But as the central bank prepares to reduce its emergency Covid stimulus, finding the next normal — for monetary policy, markets and the economy — will be its greatest test yet. In achieving a robust recovery, the latest round of quantitative easing, the ...
Read More »How Gen Z spends its time in China
Last week, China’s top media regulators rolled out a directive prohibiting “sissy idols and other deformed aesthetics.†Their targets were the highly stylised, gender-bending young men who’ve defined Chinese pop culture for more than a decade. In the eyes of President Xi Jinping, these celebrities pose a threat to the masculine revitalisation of the Chinese nation. Like cram schools, celebrity ...
Read More »Covid travel is a disaster. It doesn’t need to be
The surreal nature of international travel in the Covid era was beamed live around the world last weekend. In the opening minutes of a soccer match in Sao Paolo between Brazil and Argentina, play ground to a halt when public-health officials walked onto the field to remove several Argentine athletes over an apparent breach of a 14-day quarantine (mandatory for ...
Read More »Spain is opening act for EU’s big green autumn
Nothing says the European summer is over and business is restarting like a blowout sovereign bond sale. The inaugural green bond launch for the Kingdom of Spain certainly fits that bill. The 5 billion-euro ($6 billion) 21-year deal received orders well over 10 times what was on offer. Investors just cannot greenify their portfolios quickly enough. But this is just ...
Read More »Boeing board to face investors’ suit over 737 Max jet crashes
Bloomberg Boeing Co’s directors must face an investors’ lawsuit accusing them of failing to properly monitor safety issues and the development of 737 Max jetliners whose two fatal crashes have cost the company more than $20 billion. Delaware Chancery Judge Morgan Zurn threw out some claims against Boeing’s board, but said Boeing shareholders produced enough evidence to justify pursuing claims ...
Read More »BA invites passengers to pay for sustainable fuel
Bloomberg British Airways (BA) introduced a mechanism allowing customers to buy so-called sustainable aviation fuel to reduce their carbon footprints. The carrier said it will also source enough SAF from BP Plc to power all flights between London and Scotland’s two busiest airports during the COP26 climate summit to be held in Glasgow. Payments for SAF will be offered to ...
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