Archive / Lead News - 2022
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Cost of shipping drops as demand slumps for goods from AsiaThe cost of shipping goods from China has slumped to its lowest level in more than two years as the world economy stumbles, dimming prospects...LVMH Métiers d'Art invests in Italian leather specialistsLVMH Métiers d'Art is strengthening its position in Europe and gaining momentum. This division, which brings together the luxury giant's suppliers of exceptional raw materials,...Storm Ian delays launch of Nasa's Artemis I Moon rocketThe launch of Nasa's most-powerful ever rocket has been delayed due to a tropical storm which could become a hurricane. Artemis I Moon rocket was...Australia phones cyber-attack exposes personal dataThe breach exposed customers' names, dates of birth, phone numbers and email addresses. The company - which has more than ten million subscribers - says...European farmers warn of shortages due to energy crisisEmmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year, he may abandon his crop because of...Why British PM Liz Truss's high-stakes gamble with the UK economy is already unravellingBritish Prime Minister Liz Truss’s plan for growth, melding the biggest tax giveaway in half a century with Thatcherite deregulation, is a straight-up gamble with...CSSi LifeSciences branches out medical device CROAiming at claiming a larger share of the rapidly growing medical device outsourcing market, CSSi LifeSciences has relaunched that sector of its business as a...Planning a trip to Indonesia? Get your visa faster as Indians can now access fast-track visa-on-arrivalGetting a visa for Indonesia has become much easier and quicker for Indians as VFS Global has introduced a fast-track visa-on-arrival facility for Indians. Yes,...Oil prices drop to 8-month low on recession fears amid monetary tightening measuresOil prices fell sharply on Friday to hit an 8-month low as concerns about a potential recession continue to weigh on investors amid monetary tightening...Tesla recalls nearly 1 million vehicles over window glitchElectric carmaker Tesla is recalling nearly 1.1 million vehicles covering all four of its models because the windows can pinch a person's fingers when rolled...Trade between UAE and Saudi Arabia crossed $17.8bn in first half of the yearTrade between the UAE and Saudi Arabia totalled AED65.7 billion ($17.88bn) in the first half of 2022, with the kingdom ranking as one of the...Why A Massive Surge In Dragon Fruit Spells Trouble For Some FarmersIf ever the term "pretty in pink" rings true for an edible plant, it's in the wildly flamboyant hues of the tropical dragon fruit. Also...Oil rallies after Putin calls up army reserves and warns he is not bluffingOil prices rallied on Wednesday after Russian President Vladimir Putin said his country was calling up its army reserves in a “partial mobilisation” before referendums...Former Indian cricketer Yuvraj Singh invites travellers to stay in his Airbnb in GoaTravellers now have the chance to spend the night in Yuvraj Singh’s Goan hilltop villa. The former Indian cricketer has listed Casa Singh on Airbnb...Meta sued for bypassing Apple's privacy rules to snoop on usersMeta Platforms has been sued for allegedly building a secret workaround to safeguards that Apple launched last year to protect iPhone users from having their...Turkish lira drops to record low as central bank announces another rate cutTurkey’s central bank made another shock cut to interest rates, despite inflation running at a 24-year high and with the lira trading at a record...PPMA packaging and processing event unveils key seminar seriesPPMA has confirmed its three-day onsite Seminar Programme, operating daily during its Total Show 2022, which is considered to be the UK’s largest processing and...Companies push towards workforce formalisationAn increasing number of companies in sectors such as fast-moving consumer goods (FMCG), consumer durables, healthcare, and pharmaceuticals are pushing towards formalizing their workforce, according...Oracle opens Abu Dhabi centre to spur innovationUS software company Oracle opened a technology collaboration centre in Abu Dhabi that aims to help public and private sector organisations leverage the use of...Why we have entered the greatest period of blockchain developmentCryptocurrency markets recently experienced a spectacular crash, with total market capitalisation falling from about $3 trillion to just below $1tn today.This is not an unprecedented...Federal Reserve delivers on its painful promiseThe US Federal Reserve on Wednesday raised interest rates by 75 basis points for a third consecutive time in its continued battle against the soaring...Austin-based furniture maker blends eco-friendly with heirloom-qualityIt can be difficult to find beautifully crafted, long-lasting furniture that’s made using sustainable, ethical methods. And yet, more and more people are shopping with...Nasa Mars rover collects 'amazing' rock samplesThe US space agency's Perseverance rover is close to completing its first set of objectives on Mars. The Nasa robot has collected a diverse set...Is gold losing its shine as a safe-haven asset?This has been a volatile year for investors, but perhaps the biggest shock is that gold has failed to live up to its reputation as...Apple to release fix for iPhone 14 Pro's shaking camera next weekApple is working on a software update for the iPhone 14 Pro and Pro Max aimed at fixing a bug that makes the rear camera...Investcorp sells stake in India's second-largest eye hospital chainInvestcorp, Bahrain's alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, has sold its stake in ASG Eye Hospital, the second-largest eye...Passive cooling system to supplement conventional air conditionersAn innovative passive cooling system developed at MIT can preserve food crops and supplement conventional air conditioners in buildings, with no need for power and...Iraq welcomes tourists to explore the ancient ruins of HatraIraq's ancient city of Hatra has welcomed its first tourists since restoration works at the site were unveiled in February.About 40 visitors explored the 2,000-year-old...Take-Two’s Rockstar Games confirms GTA VI leakRockstar Games, owned by Take-Two Interactive, confirmed Monday that the company suffered a network intrusion where a third party illegally accessed footage of the new...Oil prices drop on recession concerns as interest rate rises loomOil prices dropped on Monday on concerns that high inflation and rising interest rates could dampen global economic growth, hitting fuel demand. Both the benchmarks...New UAE initiative aims to double family businesses' contribution to GDP to $320bn by 2032The UAE has launched a programme that aims to double family-owned businesses' contribution to the nation's gross domestic product to $320 billion by 2032 by...The Potential for Recycling Old Farm EquipmentDo you have old farm equipment on your land? Sometimes, old machinery comes with a property when you purchase it. Other times, old equipment may...World's oldest heart found in prehistoric fishResearchers have discovered a 380-million-year-old heart preserved inside a fossilised prehistoric fish. They say the specimen captures a key moment in the evolution of the...Haute Retreats announces five new Caribbean villas available to bookHaute Retreats announce the addition of five new Caribbean villas to its rental portfolio. First-class getaways with unforgettable service and thoughtful personal touches are what..."Art is dead Dude" - the rise of the AI artists stirs debateRevolutions in art are nothing new, but this one, some think, may be terminal. "Art is dead Dude", Jason M Allen told the New York...'No better time than now' for GCC to foster non-oil growthA new non-oil economic bloc is taking shape in Gulf Co-operation Council countries, as the six member states prepare their economies for future challenges, from...Hand-woven Japanese silk fabric artisans turn attention to Saudi ArabiaKyoto-based Okamoto Orimono Co., Ltd. (branded as Nishijin Okamoto) has worked to provide rare silk fabrics since the Meiji era, and have carried on the...Social media chiefs testify before Senate on data and securityA top executive for the video app TikTok told a US Senate panel that the company is negotiating with federal regulators on restricting access to...Rise in global energy and food prices exacerbated Palestinian economic crisis, Unctad saysThe increase in global energy and food prices has exacerbated the challenges facing the Palestinian economy, which was already weakened by the Covid-19 pandemic and...Gautam Adani overtakes Jeff Bezos as world's second-richest personGautam Adani, the Indian tycoon who has climbed the wealth rankings at breakneck speed this year, surpassed Jeff Bezos to become the world’s second-richest person.Mr...Auto parts manufacturers ask govt to increase import quotaPakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) have jointly written a letter to State Bank of Pakistan...The Best Shower Water Filters, According to ExpertsIf you filter your drinking water to avoid potentially harmful chemicals, it’s not a huge leap to consider a shower water filter. According to Olga...Disney Cruise Line unveils new 'Aladdin'-inspired mega-ship 'Disney Treasure'Disney’s newest cruise ship will be called the Disney Treasure and it will start sailing in 2024, it was announced at the D23 Expo, the...Oil climbs but posts third weekly loss on recession fears and looming rate increasesOil prices climbed on Friday after plunging on Thursday due to mounting concerns about a global recession and an expected increase in interest rates set...Bill Gates: Technological innovation would help solve hungerBill Gates says the global hunger crisis is so immense that food aid cannot fully address the problem. What’s also needed, Gates argues, are the...Markets rattled as US inflation exceeds estimatesUS markets were shaken as the latest economic data showed inflation in the world's largest economy exceeded estimates for the month of August. Consumer prices...Flowers but no fruit? Suspect pollination problemsWhen blooms appear on our fruit trees or vegetable gardens, we happily anticipate a bountiful harvest. If the bees help by doing their pollinating job,...UAE committee meets to discuss general budget draft for fiscal 2023The UAE General Budget Committee met on Tuesday to discuss the draft budget for fiscal 2023, Dubai Media Office said on Tuesday.The committee discussed the...Air Arabia Abu Dhabi's one millionth passenger wins free flights for a yearAir Arabia Abu Dhabi has celebrated flying its millionth passenger by giving the lucky traveller unlimited air tickets for a year. The low-cost airline surprised...How I Hear You seeks to be the 'Google Translate of sign language'Abu Dhabi-based start-up I Hear You is seeking to bridge a communication gap between deaf people and the hearing community through a mobile app that...Dubai's Jafza facilitated $12.4bn of vehicle and transport commodities trade in 2021Dubai’s Jebel Ali Free Zone (Jafza) facilitated approximately $12.4 billion of vehicle and transport commodities trade through the emirate last year, it said on Wednesday.The...How concrete blocks can be a green alternative to bricksThe spectacular 2,500 square-foot duplex in the tri-state area at the heart of Dhaka city boasts a magnificent facade of curving glass, steel and stone...Tabreed signs $83m contract to provide district cooling to Egypt’s new healthcare cityThe National Central Cooling Company, better known as Tabreed, has signed a Dh306.4 million ($83.43m) agreement with developer Egyptians for Healthcare Services (EHCS) to provide...Dream big, your small business idea is no longer small!A visionary industrialist, philanthropist, and one of the most influential global business tycoons, Rata Tata once said these words and we can now see them...Google fails to overturn EU’s €4BN+ Android antitrust decisionGoogle’s appeal against a €4.34 billion antitrust fine handed down by the European Union four years ago, after the bloc’s competition regulator found major violations...UAE economy set to grow at the fastest pace since 2011 after beating estimatesThe UAE economy expanded by 8.4 per cent in the first quarter of this year, exceeding initial estimates, as higher oil prices and successful Covid-19...‘Mushroom Emerging As New Cash Crop Across J&K’Mushroom production is at its all-time high across J&K due to Agriculture Department’s efforts in bringing the best methods and providing technical know-how to new...Chimps show off their 'signature' drum beatsResearchers who followed and studied chimps in the Ugandan rainforest found that the animals drum out messages to one another on tree roots. The scientists...Four-star Delta Hotels by Marriott is coming to Green Community in DubaiOne of the most popular residential communities in Dubai is gearing up to welcome a new neighbour. The four-star Delta Hotels by Marriott Green Community...Elon Musk says Twitter whistleblower payment another reason to scrap dealElon Musk has said that Twitter's decision to pay millions of dollars to a whistleblower it had fired gave him another justification for terminating his...UK economy grew more slowly than expected in JulyThe Office for National Statistics said the services sector was the biggest contributor to growth, helped by the UK hosting the Women's Euro Championship.However, while...The Federal Tax Credit for Electric Vehicle Chargers is BackPresident Biden signed the Inflation Reduction Act into law on August 16. The massive climate, energy, tax, and healthcare package contains numerous clean energy incentives...How the scale of Europe’s energy troubles was exposed in a frenzied weekEuropean ministers sounded defiant as they met in Brussels to deliberate on plans aimed at halting the increase in energy prices. “We will prevail,” EU...Job flexibility strikes a chord with young gig workforceIndia's young workforce is opting for gig roles like never before. In the first quarter of FY23, the segment of the workforce with 3–5-year experience...Apple and Google face probe over anti-competitive practices in MexicoApple and Alphabet's Google are facing a probe over anti-competitive practices in Mexico after the country's former telecoms chief filed a complaint, he said in...India pulls out of US-led trade talks with Asian nationsIndia opted out of trade talks with a US-led group of Asian nations, again avoiding easing access to its markets via a multi-country deal, while...Footwear market expands fast as demand risesFootwear market is expanding fast riding on the growing demand from a fashion forward middle class.The increasing purchasing capacity and a rising population are also...Dubai Duty Free sales exceed $1bn through August to surpass 2021 totalDubai Duty Free sales more than doubled to $1.06 billion in the first eight months of 2022, surpassing 2021's full-year total with four months remaining.The...Cruise tourism market is forecasted to be appraised at US$ 17.4bn. by 2032The global cruise tourism market is forecasted to be appraised at US$ 17.4 Billion by 2032, up from US$ 5.3 Billion in 2022, advancing at...ECB raises interest rates by a record 75 basis points to curb inflationThe European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further increases, prioritising the fight against...This automobile giant becomes the latest to step foot in the NFT worldThe Ford Motor Company has revealed its metaverse ambitions. The automobile giant has been the latest to file a trademark with the United States Patent...Researchers Develop Virus-Killing Degradable PlasticResearchers at Queen’s University Belfast in Northern Ireland have developed a ground-breaking plastic film that can kill viruses that land on its surface with room...Venice government asks tourists to help reduce the pollution in the cityVenice, one of the most beautiful Italian holiday destinations in the world, is trying everything possible to reduce the pollution in the city. The Italian...DIFC reports 11% rise in companies joining financial centre in first half of 2022A total of 537 companies joined the Dubai International Financial Centre in the first half of this year, an 11 per cent increase from the...How do Apple iPhone 14 specs compare to iPhone 13?Apple fans will be looking at the iPhone 14, which was unveiled on Wednesday, and wondering whether the new device is worth upgrading to.Aside from...Trukker raises $100m to accelerate growth ahead of planned IPOTrukker, which provides an Uber-like digital network for lorries and pick-up trucks in the Mena region, has raised $100 million in financing as it seeks...The iconic Eames Molded Chair just got a big upgrade you can’t seeHerman Miller is releasing a new version of its iconic Eames Molded Plastic Chair. It will look, smell, and feel exactly like the iconic mid-century...Employees would rather quit than return to offices full-timeAs Wall Street companies order employees to return to the office, the option of working from home is more popular than ever around the world,...Snapchat to cut a fifth of jobsAbout 1,200 employees will lose their jobs in the restructuring which had been expected after a year of poor financial results. The company was worth...Oil rises after sinking on China demand concerns and strong dollarOil prices edged up slightly early on Thursday due to supply constraints after hitting their lowest point since January a day earlier on growing fears...Global trade up 1.2% in August as major economies show 'mixed picture'Global trade in August increased 1.2 percent month-on-month, despite continued supply chain bottlenecks and congestion at major ports, the Kiel Trade Indicator data shows.Supply chain...The world’s largest medical device companiesMedtech businesses are becoming stand-alone companies. That translates into new names among 2022’s Medtech Big 100 ranking of the world’s largest medical device companies.Ever ask...Oil pares losses as Putin warns of consequences to price cap on Russian crudeOil prices recovered morning losses on Wednesday after President Vladimir Putin said Russia would not supply oil and fuel if price caps on the country's...Real-life hobbit holes take fans to Middle Earth ahead of 'The Lord of the Rings' TV showThey have all the features of proper hobbit holes — rustic craftsmanship, country charm, and the famous circular doors with the knob squarely in the...Why smartphones are key for India's digital ambitionsSmartphones in India are playing a critical role in the country’s digital transformation, but there are still hundreds of millions of people in the country...Major food crisis threatens 35 countries amid rising inflation, IIF saysAbout 35 countries around the world are experiencing a major food crisis, of which 16 also face severe debt problems as inflation remains high and...Hitachi fridge freezer R-BGX411PGB1 reviewDesign and appearanceWe tested the black model and found ourselves in front of a dark mirror that boasted a graduation fade to gunmetal grey roughly...Power Tools Market to Set Phenomenal Growth in Key Regions By 2030During the projected period, the size of the global Power Tools Market is anticipated to increase at a CAGR of XX% (2022-2030). The study covers...Emirates to debut retrofitted A380 superjumbos in DecemberEmirates is bringing more of its retrofitted A380 superjumbos back into service this year. The Dubai airline says it is ramping up flights via the...FTC investigating Amazon's $3.9 bil purchase of One MedicalThe Federal Trade Commission is investigating Amazon’s $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of...Hacker steals actor Bill Murray’s crypto after $185,000 NFT charity auctionA hacker stole Hollywood actor Bill Murray’s funds following an NFT (non-fungible token) charity auction that raised 119.2 ether (about $185,000).The hacker started to drain...Global sukuk issuance to rise to $257bn by 2027 despite slowing this yearGlobal sukuk or Islamic bond issuance is projected to grow at a compound annual growth rate of 6.8 percent over the next five years, despite...Chocolate maker creates scareChildren and candy lovers received a scare over the summer when news broke that there might be more tricks than treats this Halloween season, but...Africa's oldest dinosaur found in ZimbabweThe Mbiresaurus raathi was one metre tall, ran on two legs and had a long neck and jagged teeth. Scientists said it was a species...Inside Regal Heights Hotel, the newest luxury retreat in EgyptOne of the newest hotels to open in Egypt is fit for royalty, quite literally. UAE President Sheikh Mohamed and Egyptian President Abdel Fattah El...Moody's lowers G20 economic growth forecast amid rising inflation and higher energy pricesMoody's Investors Service lowered its economic growth forecast for the world’s 20 largest economies as the Russia-Ukraine conflict continues to influence the larger global macroeconomic...John Lewis and Waitrose to give staff free meals over winter to help cost of living crisisThe John Lewis Partnership has announced plans to give free meals to staff over the winter period to help with the rising cost of living.All...Nissan keen to leverage U.S. tax credit on electric vehiclesNissan will more aggressively push electric vehicles to take advantage of a new U.S. law that gives up to $7,500 in tax credits, the Japanese...Medical supplies company CCS moves into home-based diabetes care managementA company with a long history of providing medical supplies for chronic conditions is expanding its business into monitoring and coaching services for diabetes patients.CCS,...US permits Nvidia to export tech to develop AI chipNvidia said on Thursday that the US government has allowed exports and in-country transfers needed to complete the development of its flagship artificial intelligence chip.The...Coal shortage forces Indian metal makers to speed up switch to green energyIndia’s metal producers are speeding up their transition to renewable power after a coal crisis led to a supply crunch and sky-high prices of the...Moravia Yachting announce its appointment as Central Agent for the saleBuilt by Abeking & Rasmussen in 2009 to a design by Reymond Langton, B2 is a superyacht that stands out amongst her peers. The second...Indian chief executive slammed for 18-hour workday adviceShantanu Deshpande, founder and chief executive of India-based Bombay Shaving Company, has been slammed for an online post in which he suggested that new recruits...These energy efficient kitchen appliances and saved so much money on household billsWith the looming news that energy bills could be rising by as much as 80 percent from October thanks to the new £3,459 energy price...NASA’s new moon rocket reaches launch pad for flight around moonNASA’s new moon rocket arrived at the launch pad Wednesday in advance of its debut flight in less than two weeks.The 98-metre (322-foot) rocket emerged...Inside the biggest sleep pod lounge at Dubai International AirportWith an area of about 600 square metres and capacity for 46 people, the biggest sleep lounge at Dubai International Airport has just made napping...Apple iPhone: seven things we would like to see in future devicesApple is preparing to unveil the next iteration of its flagship iPhone on September 7, and we have heard all about the rumoured features and...Hong Kong leader cancels China trip in blow to reopening hopesHong Kong leader John Lee has cancelled a trip to mainland China aimed at resuming cross-border travel, illustrating the quagmire facing the financial hub as...Oil drops on demand concerns as China widens Covid restrictionsOil prices fell further on Thursday on demand concerns as China, the world’s second largest economy and the top importer of fuel, continues to enforce...Common mistakes people make with home generatorsAfter experiencing a long power outage at home, the importance of ensuring that power is consistent and reliable can become a priority. For those who...South Korea to scrap COVID tests for arrivals in boost for travelSouth Korea will scrap predeparture COVID-19 tests for arrivals, lifting some of the last pandemic-related border controls in a boost to the country’s beleaguered travel...Efforts to pass global ocean protection treaty failA fifth effort to pass a global agreement to protect the world's oceans and marine life has failed. Talks to pass the UN High Seas...Trump's Truth Social booted off Google Play storeFormer US president Donald Trump's social media platform Truth Social has not yet been approved for distribution on Alphabet's Google Play Store due to insufficient...Global food prices under pressure as drought conditions deteriorateDrought is shrinking crops from the US Farm Belt to China’s Yangtze River basin, increasing fears of global hunger and weighing on the outlook for...China's jobless turn to car boot sales as COVID-hit economy stallsWhen the COVID-19 pandemic forced Wang Wei to shut his tourism company, the Tianjin native poured his life-savings of 80,000 yuan ($11,785) into selling coffee...Foreign tourists will now be able to extend their stays as COVID easesAs per the latest development, Thailand will now start permitting an extended length of stay for foreign tourists between October and March. This move comes...Facebook agrees to settle Cambridge Analytica data breach lawsuitMeta Platforms settled a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica.The preliminary settlement, disclosed in a court...IMF warns of risks from highest inflation in decades and calls for decisive actionThe global economy needs decisive monetary policy action from central banks around the world to minimise risks stemming from the highest inflation in decades, which...Outdoor lighting for fall and winterThere’s something to be said about landscaping and lighting for wintertime. While most of us don’t think about our exterior “look” in the colder months,...UAE cable maker Ducab aims to boost exports to India after CEPA pactUAE cable maker Ducab expects more growth opportunities in India following the signing of the Comprehensive Economic Partnership Agreement (CEPA) between the Emirates and Asia’s...iOS 16 beta: release date, features and all you need to know about iPhone updateiOS 16 ― one of the biggest operating system updates in the history of iPhones ― is on its way. “iOS 16 is a big...Emirates adds another feather in its cap with Gerry the Goose ‘Fly Better’ campaignFrom September, the global ad campaign will be in full flight across the world, reminding customers that Emirates provides an ‘impeckable’ travel experience on-board with...Saudi Arabia’s Ma’aden in pact with India to boost exports of fertiliser productsSaudi Arabian Mining Company, better known as Ma’aden, signed four preliminary agreements with Indian companies to boost exports of phosphate products and ammonia to Asia’s...School Stationery Trends, Active Key Players, and Growth Projection Up to 2030The "School Stationery and Supplies Market" Report by SMI is a research study planned to focus on all the major marketing factors propelling the growth...TikTok stars boycott Amazon in activism pushTikTok influencers boasting collectively more than 51 million followers say they won't work with Amazon until the e-commerce colossus delivers key concessions to workers and...Waldorf Astoria makes its debut in Kuwait with a 200-room luxury hotelOne of New York’s most historic hotel brands has made its debut in Kuwait. The much-anticipated Waldorf Astoria Kuwait is now welcoming guests for overnight...Majid Al Futtaim’s first-half earnings jump 18% on revenue boostMajid Al Futtaim Holding, one of Dubai biggest private sector companies and the Middle East's largest mall operator, reported an 18 per cent rise in...Finland’s Fazer group explores cellular agriculture for cocoa growingFinnish-based group Fazer has reported development of a key scientific project exploring the potential of cellular agriculture as a means for growing cocoa, reports Neill...Chinese province plans ban on sale of gasoline carsHainan island in the South China Sea says it will become China's first region to ban sales of gasoline- and diesel-powered cars to curb climate-changing...Global ransomware damages to exceed $30bn by 2023, report findsRansomware is the number one threat to large and medium-sized businesses — including government, health care and other critical organisations — and global ransomware damages...US GDP revision shows mild economy contraction in second quarterThe US economy shrank at a 0.6 per cent rate in the second quarter of 2022, a more moderate pace than initially thought but still...Producers warned of potential strike impact on Salmonella samplesEgg and poultry meat producers in England have been told to prepare for disruption to sampling deliveries because of strike action. The National Farmers Union...Australia's Qantas apologizes to customers for operational problemsQantas Airways Ltd will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to apologize for a rise in delays, cancellations,...Windstar Cruises eliminates pre-cruise COVID-19 testsWindstar Cruises has revised its COVID-19 protocols and procedures and will no longer require a pre-cruise COVID-19 test for embarking guests (unless required by one...Intel and Brookfield to jointly invest $30bn to boost chip manufacturingIntel, the world's largest chip maker by revenue, has joined forces with Brookfield Asset Management’s infrastructure affiliate to build semiconductor fabrication facilities in the US.Under...UAE more than doubles investments in Egypt to $1.9bn in six monthsThe UAE more than doubled its investments in Egypt during the first half of the 2021-2022 fiscal year, after a series of government-backed initiatives and...Gentcreate launches premium leather bags exclusively for menPremium brand Gentcreate is focused on producing world-class leather bags for men. On their website, the customer can browse through vintage leather messenger bags, vintage...Iraq’s foreign currency reserves to hit $90bn by the end of 2022 amid higher oil pricesIraq’s foreign currency reserves are expected to surge more than 12 per cent to $90 billion by the end of the year amid higher oil...Dick’s Sporting Goods boosts 2022 outlook after second-quarter earnings top estimatesDick’s Sporting Goods on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations and boosted its financial outlook for the year.The sporting goods retailer...All-inclusive Rixos Marina Abu Dhabi to open this yearLuxury hotel Rixos Marina Abu Dhabi will open in the capital this year. Located at Abu Dhabi Breakwater and housed in a giant pink-arched skyscraper...UAE jobs: 63% of professionals would prefer to be their own bossAbout 63 per cent of professionals in the UAE would prefer to be self-employed or have their own business if given the choice, according to...Argentina farmers hoard soybeans in standoff with governmentTypically, what Walter Malfatto reaps, he sells. For the 59-year-old farmer who toils 700 hectares (1,730 acres) of farmland in the province of Buenos Aires,...Emirates to suspend Nigeria flights over blocked paymentsEmirates, the world's biggest long-haul airline, said it would suspend flights to Nigeria from next month, after difficulties in repatriating funds from Africa's most populous...Mubadala-backed G42 launches $10bn technology investment fundGroup 42, the Abu Dhabi-based artificial intelligence and cloud computing company, is launching a $10 billion fund that will invest in emerging technology in high-growth...Egypt appoints Hassan Abdalla as acting central bank governorEgypt's President Abdel Fattah El Sisi has appointed Hassan Abdalla as acting governor of the central bank, state media reported on Thursday.The president had accepted...Metal Hawk kicks off 3000m campaign in WA nickel huntMineral explorer Metal Hawk has commenced a 3000m RC drill campaign aimed at nickel sulphide targets at the company’s Berehaven nickel-gold project near Kalgoorlie in...Emirates NBD, DIFC and Microsoft launch accelerator programme for metaverse start-upsEmirates NBD, Dubai's biggest lender by assets, has joined forces with Dubai International Financial Centre’s FinTech Hive and the US technology company Microsoft to launch...Abu Dhabi DED launches land incentive programme to drive industrial growthThe Abu Dhabi Department of Economic Development (Added) has launched a programme to incentivise land use for manufacturers in high-priority sectors to drive industrial growth.Under...Are Matching Furniture Sets Going Out Of Style?In the design world of home decor and trends, matching furniture sets have been a popular go-to trend for centuries because they're easily accessible and...Battery power problem cuts short Russian spacewalk, Nasa saysA Russian cosmonaut had to urgently abandon his spacewalk "due to a battery power issue" on his spacesuit, the US space agency Nasa says. It...