Expo 2020 Dubai is a source of pride for all Arabs: Jordan envoy

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Dubai / WAM Nassar Habashneh, Ambassador of the Hashemite Kingdom of Jordan to the UAE, has commended the UAE’s efforts in organising and hosting Expo 2020 Dubai, which he described as a source of pride for all Arabs. In a statement at the inauguration of the Jordan pavilion at Expo 2020 Dubai, Habashneh said that the event has amazed the ...

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Emirates Mars Mission shares unique new images of Mars

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Dubai / WAM The Emirates Mars Mission, the first interplanetary exploration undertaken by an Arab nation, Saturday released unique new images of Mars that challenge existing conception of how the planet’s atmospheric gases behave and interact. Taken by the Mars Hope probe’s EMUS instrument, the observations show dramatic variations in the concentrations of both atomic oxygen and carbon monoxide in ...

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Dubai Customs shares business model, latest practices with Senegal team

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Dubai / WAM Dubai Customs received a delegation from Senegal headed by Habdul Rahman Diyay, Director-General of Senegal’s Customs. The visit aimed at learning about Dubai Customs’ business model and the latest practices they follow in processing transactions and implementing advanced inspection systems. Ahmed Mahboob Musabih, CEO of Ports, Customs and Free Zone Corporation, Director-General of Dubai Customs, and the ...

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International travel is starting to recover now

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International travel is finally starting to recover from the Covid-19 slump. As of August, demand for cross-border flights was still down about 69% relative to 2019 levels, according to the International Air Transport Association. But that marked a notable improvement from the prior month — the sixth straight, in fact. That’s despite a wave of Covid-19 linked to the Delta ...

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Johnson’s housing issues not over yet

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For a week that ended with a crowd-pleasing speech from the Conservative Party leader but little new policy substance, there was one notable exception. UK Prime Minister Boris Johnson’s government seems to have done a U-turn on its controversial “once in a generation” reforms to Britain’s house-building plan announced in August 2020. Whatever comes from the policy rethink will have ...

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A shade of Evergrande in UK’s energy crisis

Barely a week goes by without a UK electricity and gas supplier being toppled by soaring commodity prices. Millions of British customers face an unsettling wait to learn if their power provider will survive, who’ll take over their contract, and whether their energy bills will increase. Britain’s energy regulator Ofgem — the Office of Gas and Electricity Management — has ...

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Will the US Supreme Court bail out Trump?

Will the Supreme Court save the Republican Party from Donald Trump? Congress is finally starting to pick up the pace of its investigations into the events of January 6, and more broadly into the efforts by then-president Trump to subvert the 2020 election. A Senate committee has reported in detail on Trump’s efforts to improperly influence the Justice Department, and ...

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Tata wins control of Air India again with $2.4 billion offer

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Bloomberg Tata Sons Pvt was selected as the winning bidder for India’s flag carrier, ending decades of attempts to privatise a money-losing and debt-laden airline, and potentially ending years of taxpayer-bailouts that’s kept the company alive. Tata Sons, which originally launched Air India Ltd with a namesake branding in 1932, bid 180 billion rupees ($2.4 billion) as an enterprise value ...

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Aeromexico sees Chapter 11 exit with $1.7b proposal

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Bloomberg Grupo Aeromexico SAB sees emerging from Chapter 11 by the end of this year with an exit plan worth about $1.7 billion. The airline, which filed for bankruptcy protection in June 2020 as the Covid-19 pandemic brought travel to a halt, filed a motion to extend the period to issue a complete plan to December 9. The step was ...

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