A wealthy Emirati businessman has scrapped plans to launch a new television channel in Lebanon, with his company alleging he and his staff had faced physical threats. Khalaf Ahmad Al Habtoor’s Dubai-based Al Habtoor Group conglomerate announced recently it had cancelled the launch of the television channel, which aimed to initially broadcast cultural, social and
A USA appeals court has rejected a bid by Uber and subsidiary Postmates to revive a challenge to a California law that could force the companies to treat drivers as employees rather than independent contractors who are typically less expensive. An 11-judge panel of the 9th USA Circuit Court of Appeals in San Francisco upheld
Airlines are showing more interest in turbulence prediction technology after two headline-grabbing incidents in recent weeks, but are holding back from making passengers stay in seatbelts at all times, according to global airline body IATA. A dramatic loss of altitude on a Singapore Airlines flight last month led to dozens of injuries and the first
Messe Frankfurt Middle East, the organisers of Logimotion, a pioneering new event for the international logistics industry, held an advisory board meeting last week to outline the key priorities for the upcoming event, which will take place from December 10-12 at the Dubai World Trade Centre. According to research, Dubai’s logistics industry is a significant
Safety and quality problems exposed at Boeing following a door plug blowout earlier this year risk shaking travellers’ confidence in flying, a top executive at rival Airbus has said. Christian Scherer, CEO of Airbus’ Commercial Aircraft business, told international media that the issues were “a burden for the entire industry”. “Boeing’s problems could cause more
As the number of wealthy families has grown worldwide, the number of Single Family Offices (SFOs) has also increased, from an estimated 6000-7000 worldwide just five years ago to around 10,000-15,000 today. Creating a bespoke entity to manage the complex, unique needs of a multi-generational household makes sense from many perspectives, and not just financially.
Dubai-based legal firm Habib Al Mulla and Partners will open an office in Moscow as the firm seeks to serve UAE investors in Russia. The firm, which said it is the first UAE legal firm in Russia, plans to service Emirati businesses and investments venturing into the Russian market and beyond. The new office in
China’s flagship economic cooperation programme is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to lending, investment and trade data. Chinese leaders have been citing the billions of dollars committed to new construction projects and record two-way trade as evidence of their commitment to assist with the continent’s
Leading UAE-based smart and green facilities management (FM) company Farnek, has received an award from Neutral Fuels for a significant reduction in the amount of carbon emissions generated by its transport fleet. Farnek made a commitment to transition to Neutral Fuels’ B7 blend biodiesel in 2023 and consumed more than 400,000 litres of B7 biodiesel
Qatar Airways will soon announce an investment in an airline in southern Africa, its CEO said, part of the Gulf carrier’s drive to expand its network in Africa. “We are at the final stage of an equity investment in an airline in the southern part of Africa,” Badr Mohammed Al Meer said on a panel
