Business & Money | Wednesday 20 July, 2022 12:08 pm

Etihad Airways joins UAE’s In-Country Value Programme to boost aviation’s contribution to industrial sector

Etihad Airways announced that it has become the country’s first airline to join the In-Country Value (ICV) Programme. The Ministry of Industry and Advanced Technology (MoIAT) is expanding the programme’s scope to include new sectors like aviation as part of the national industrial strategy ...

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Government | Wednesday 20 July, 2022 12:05 pm

UAE Ambassador meets Peruvian Minister of Economy and Finance

Mohammed Abdullah Al Shamsi, Ambassador of the UAE to the Republic of Peru, has met with Oscar Graham Yamahuchi, Minister of Economy and Finance of Peru, at the Ministry's headquarters in the capital, Lima.During the meeting, they reviewed prospects for cooperation and strengthening bilateral...

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Culture & Education | Wednesday 20 July, 2022 11:27 am

Trends to Watch: Twitter unveils key trends shaping the Saudi conversation in 2022

 People on Twitter ignite the conversations that shape what’s happening, with the biggest movements starting as a spark. Ideas become conversations, which in turn become seismic cultural shifts. Twitter’s recent report, developed in partnership with Pulsar & Canvas8, revealed the...

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Business & Money | Wednesday 20 July, 2022 11:22 am

Manga Productions to move base to Prince Mohammed bin Salman Nonprofit City

Manga Productions, the leading producer of the creative content industry in the Arab region, announced on Monday it will move its headquarters to Prince Mohammed Bin Salman Nonprofit City, which will open in 2024. The relocation will “ignite a new media sector within the city,” a statement ...

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Business & Money | Wednesday 20 July, 2022 11:20 am

Russia says it will fine Apple for violating antitrust laws

Russia’s competition authority said on Tuesday it would fine US tech giant Apple for violating Russian antitrust laws and abusing its dominant position in the app store market.The federal anti-monopoly service (FAS) said it would levy a turnover-based fine against Apple, the size of which would...

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Business & Money | Wednesday 20 July, 2022 11:14 am

Disney secures record $9 billion in upfront ad sales for 2022-23

Walt Disney Co. has secured a record $9 billion in commitments from advertisers for fiscal 2022-23 as demand soars for live events and the upcoming ad tier of streaming platform Disney+.Disney+, ESPN+ and Hulu brought in 40 percent of the total commitments, Disney said on Monday.The media...

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Business & Money | Wednesday 20 July, 2022 11:08 am

Netflix loses nearly 1 million subscribers, forecast misses Street estimates

Netflix Inc. said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company, but offered a forecast below Wall Street expectations for the current quarter.It plans to launch an ad-supported tier next year, and it warned that the strong ...

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Culture & Education | Wednesday 20 July, 2022 10:21 am

More than two million visitors to Souq Al Jubail in H1 of 2022

Souq Al Jubail, a project of Sharjah Asset Management Company, investment arm of the Government of Sharjah, received more than 2,205,876 visitors during the first half of 2022. Sales volumes in the fish section of the soup during the six month period reached 2,086 tonnes, while volume of sales ...

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Business & Money | Wednesday 20 July, 2022 9:33 am

The Mohammed Bin Rashid Space Centre and the National Center for Space Studies - France Sign 3 New Agreements

In the presence of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, UAE, and Minister for Europe and Foreign Affairs of France, Catherine Colonna, the Mohammed Bin Rashid Space Centre (MBRSC), and the National Center for Space Studies (CNES)...

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Business & Money | Tuesday 19 July, 2022 1:43 pm

SAMI Aerospace signs a contract with Airbus Helicopters Arabia

SAMI Aerospace, a SAMI business division, has signed a contract with Airbus Helicopters Arabia, the Kingdom’s subsidiary of Airbus helicopters to support SAMI in building its technical capabilities to provide rotercraft technical support to Saudi Armed forces.  This agreement will play...

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