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US

New Year’s Eve: 2.1 million riders used public, shared transport, reveals Dubai’s RTA

Michael Grunwald Jan 5, 2023
The figure reflects a 33 per cent rise from last year’s number, which was 1,632,552 riders Dubai’s Roads and Transport Authority (RTA) shared that 2,166,821 riders used its…
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US

Oil edges higher after two-day slump as demand outlook sours

Michael Grunwald Jan 5, 2023
A surge in Covid-19 cases in China has clouded the near-term demand outlook Oil edged higher after tumbling around 9 per cent over two sessions on concerns over the demand…
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US

Sharjah Sat 1 successfully launches from Cape Canaveral, Florida

Michael Grunwald Jan 5, 2023
The expected lifetime of the satellite is three years during which it will monitor X-ray emissions from celestial bodies and other phenomena The Sharjah Sat 1 satellite…
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stocks

Apple stock loses shine as market value drops below $2tn

Michael Grunwald Jan 5, 2023
Delays in the production of iPhones and concern that demand is weakening as the economy slows are said to be contributing factors Investors are no longer turning a blind eye to…
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Iraq

Dubai-headquartered dnata breaks ground on $14m cargo warehouse in Erbil, Iraq

Michael Grunwald Jan 5, 2023
dnata’s latest expansion follows the opening of a new, advanced cool chain facility and a bus maintenance facility in 2022 at EBL Dubai-headquartered air and travel services…
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UAE

Here’s what Dubai’s ambitious D33 agenda aims to achieve

Michael Grunwald Jan 5, 2023
The first set of projects includes the Dubai Unified License that will provide a unique commercial identity for all companies across economic zones The recently launched Dubai…
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UAE

UAE’s Emirates Airline, Bahamas partner to promote tourism

Michael Grunwald Jan 4, 2023
The airline and the country’s Ministry of Tourism will participate in joint initiatives to boost visitor traffic into the islands from across the airline’s network Emirates…
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Entrepreneurship & Startups

Flat6Labs, Wio Bank ink MoU to enhance SME-centric banking services in Abu Dhabi

Michael Grunwald Jan 4, 2023
In addition to banking services, Wio Bank will provide experts and mentors to support startups in Flat6Labs Ignite’s programme Flat6Labs, the seed-stage programme and…
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Europe

2022 Leaves Europe In Grip Of Energy Crisis

Michael Grunwald Jan 4, 2023
In Slovenia, Vukadinka Marija Pavlin does not turn on radiators all the way even when the weather gets cold, and washes clothes and dishes at night when electricity is at its…
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Business Profiles

UK Regains Control Of Business Subsidy Regime

Michael Grunwald Jan 4, 2023
The new system, which regulates the award of subsidies, means public authorities can deliver support to businesses that need it most, in a quicker, fairer, simpler way. …
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