ATM establishes official partnership with ICCA and GBTA as global business travel spending set to reach US$1.8 trillion by 2027

DUBAI/ WAM Arabian Travel Market (ATM) has announced a strategic partnership with the International Congress and Convention Association (ICCA) and the Global Business Travel Association (GBTA) for the upcoming edition of the event, which takes place from 6th to 9th May 2024 at the Dubai World Trade Centre. The renowned global organisations have been appointed as ‘Knowledge Partners’ for the ...

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SpiceJet considers buying grounded Indian carrier Go Air

BLOOMBERG Shortly after reporting a quarterly loss, SpiceJet Ltd has announced it is considering acquiring the insolvent Go Airlines India Ltd, which stopped flying in May, with a goal of possibly combining the two airlines. The no-frills carrier is planning to submit an offer after conducting due diligence of Go, it said in a stock exchange filing on Tuesday. SpiceJet ...

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US fines Southwest Airlines $140mn after 2022 meltdown

BLOOMBERG The US Department of Transportation (DOT) fined Southwest Airlines Co $140 million for violating consumer protection laws, nearly a year after a late December meltdown of its operations during a storm stranded more than 2 million passengers. The DOT said the penalty is 30 times larger than any other consumer protection violation fine it’s issued. Most of the money ...

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Canada to announce 2035 all-EV sales mandate, say reports

BLOOMBERG The Canadian government is poised to pass rules requiring all new vehicles sold in the country to be zero-emissions by 2035, according to news reports. The federal government will announce the regulation, called the Electric Vehicle Availability Standard, in the coming days, with the aim of phasing out the sale of new combustion vehicles, the Canadian Broadcasting Corporation and ...

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Tesla gets $153 million incentive in Mexico for its next factory

BLOOMBERG Tesla Inc will receive 2.63 billion pesos ($153 million) in incentives from the Mexican state of Nuevo Leon to build its next major factory there, as state officials seek to assuage local concerns about delays to the electric-vehicle maker’s plant. The incentives, approved by the state’s economic development council, include the creation of basic infrastructure such as roads and ...

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Tesla Autopilot recall threatens its defense in lawsuits over crashes

BLOOMBERG Tesla Inc’s biggest vehicle recall ever threatens to hurt the company’s defense in several high-profile lawsuits it faces over crashes linked to Autopilot. The automaker’s recall of 2 million cars comes after a top US auto-safety regulator found its driver-assistance program failed to ensure drivers stay attentive. Lawyers representing crash victims and family members who have sued Tesla, some ...

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‘Mleiha’ and ‘Al Dhaid Fort & Falaj’ on final Islamic World Heritage List

SHARJAH / WAM The Islamic World Heritage Committee of the Islamic World Educational, Scientific and Cultural Organisation (ISESCO) added the Mleiha archaeological site and Al Dhaid Fort and Falaj to the List of the Islamic World Heritage. The Sharjah Archaeology Authority (SAA) has completed the nomination dossier of the Mleiha archaeological site titled “Mleiha: The Pre-Islamic Period in Southeast Arabia”. ...

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Brand Dubai showcases local entrepreneurial flair at Hatta Festival

DUBAI / WAM Brand Dubai, the creative arm of the Government of Dubai Media Office, is organising the ‘Proudly from Dubai Market’ at the Hatta Festival. The unique market, one of the key highlights of the festival, runs until December 31 at the scenic Leem Lake in Hatta. The market showcases the innovative culinary concepts and diverse products of 30 ...

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Enec announces completion of Unit 4 of Barakah plant

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) announced on Tuesday that its operating and maintenance subsidiary, Nawah Energy Company, has completed the process of loading fuel assemblies into Unit 4 of the Barakah Nuclear Energy Plant, following all national regulations and the highest international standards. The Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator, ...

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World had to wait for 28th COP to hear children’s voices: EC Vice President

DUBAI / WAM Although children are the worst victims of climate change, the world had to wait for 28th UN Climate Conference (COP28) to discuss children’s issues related to climate change, Dubravka Šuic, the European Commission Vice-President for Democracy and Demography, told the Emirates News Agency (WAM). At COP28, she listened to children’s ambassadors, climate activists, and representatives of the ...

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