Author: chadgazette.com
Financially handicapped Lebanon suffered a further blow in a new tussle with regional giant Saudi Arabia along with other wealthy Gulf states who expelled their Lebanese envoys. The crisis erupted Friday when Saudi Arabia gave Lebanon’s ambassador 48 hours to leave the country, recalled its envoy from Beirut and suspended all imports from Lebanon.The Saudi foreign ministry said the measures were taken after “insulting” statements made by a Lebanese minister on the Yemen war, but also due to the influence of Lebanon’s Iran-backed Shiite movement Hezbollah. The group, it said, controls Lebanese ports and “hijacks” the government’s decision-making in Beirut.…
Aviation, aerospace, space and defence leaders from across the planet will meet in-person in Abu Dhabi for the return of the Global Aerospace Summit on 24 -26 May 2022. The theme of the Summit, ‘Digital Driven Resurgence’, will showcase the rapid transformation that has happened across these sectors over recent years and the role of innovation and technology moving forward. An increasing number of aerospace and defence companies are embracing a range of digital technologies, from AI to robotics, analytics, and automation. The Summit will address the impact of digitalization on efficiency and sustainability across all of the sectors. The 2022…
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Foreign Minister of Greece Nikos Dendias, today reviewed the prospects of strengthening the strategic partnership ties between the two nations.This came as the two top diplomats met today in Washington D.C., where they deliberated a number of regional and international issues of interest, including the latest developments in the eastern Mediterranean and the importance of strengthening peace and stability in the region.Sheikh Abdullah highlighted the steady growth in the UAE-Greece relations across various fields thanks to the strategic partnership and friendly ties between the…
These days, more and more households across the world are raising pets. According to global market research firm Euromonitor’s 2021 Pet Care Outlook, the compound annual growth rate (CAGR) of the global pet care market has grown to 8.1 percent – an increase of roughly 50 percent on the 2014-2019 figures. To help alleviate pet owners’ concerns, Samsung Electronics has included a ‘Pet care’ feature in its Bespoke Jet Bot AI+ robot vacuum. By using the SmartThings app, users can record a video of their pets while alone at home and remotely take care of their animals by syncing with their…
Etihad Airways has raised US$1.2 billion in the first sustainability-linked loan (SLL) tied to environmental, social and governance (ESG) targets in global aviation. The transaction is the largest sustainable financing in the airline’s history and follows two innovative aviation financing deals – a first-of-a-kind sustainability-linked transition sukuk in 2020 and a loan tied to the UN Sustainable Development Goals in 2019.Adam Boukadida, Chief Financial Officer at Etihad Aviation Group, said, “Etihad Airways has spearheaded sustainable financing in aviation, and we are proud to continue our innovative track record by being the first airline to secure a sustainability-linked ESG loan. Financing…
India’s Ministry of Information and Broadcasting has completed preparations for ball-to-ball coverage of the International Cricket Council, (ICC) Men’s T20 World Cup 2021 to be played in the UAE and Oman from next week. The Board of Control for Cricket in India’s (BCCI) is the host of the ICC Men’s T20 World Cup 2021 to be played in Abu Dhabi, Dubai, Sharjah and Al Amerat in Oman.The Indian Ministry said Prasar Bharati, the state broadcaster, will be telecasting and airing the cricket matches. “As the countdown begins for the T20 World Cup 2021, Prasar Bharati network has in store 360…
Apple announced Apple Watch Series 7, featuring the largest and most advanced Apple Watch display ever – and a reengineered Always-On Retina display with significantly more screen area and thinner borders. The watch is available to order online and available in stores starting Friday, October 15.The design of Apple Watch Series 7 is refined with softer, more rounded corners, and the display has a unique refractive edge that makes full-screen watch faces and apps appear to seamlessly connect with the curvature of the case. At just 1.7 mm thin, the narrower borders of Apple Watch Series 7 maximize the screen…
The Saudi Public Investment Fund (PIF) is in the final stages of a takeover of Newcastle United in a $407 million deal. The PIF will provide 80 percent of the SR1.52 billion deal to takeover Newcastle United, according to media reports. The remaining 10 percent will go to the property developers Simon and David Reuben and the final 10% going to Staveley’s PCP Capital Partners.Approval from the Premier League could possibly come in the next 24 hours. The news will delight supporters of the club, after a recent survey of its supporters’ trust showed that 93 percent of its members…
Facebook Inc. and its family of apps, including Instagram and WhatsApp, were inaccessible for hours on Monday, taking out a vital communications platform used by billions and showcasing just how dependent the world has become on a company that is under intense scrutiny. Facebook’s entire network of services suddenly went offline, the worst outage for Facebook since a 2019 incident took its site offline for more than 24 hours, as the downtime hit hardest on the small businesses and creators who rely on these services for their income.Facebook Inc. issued an explanation for the outage on Monday evening, saying that…
Al Seer Marine, a marine company in the Middle East region that is engaged across multiple marine sectors, has announced the formation of a joint venture with BGN International, one of the leading energy, trading, storage, and transportation companies, to acquire a portfolio of Very Large Gas Carriers (VLGCs) for the transport of Liquefied Petroleum Gas (LPG).In addition, the joint venture has agreed to award Hyundai Heavy Industries (HHI) in Korea with an order to build two new VLGCs, both sized at 86,000 cubic metres capacity. The new-build VLGCs are due for delivery in the first and second quarters of…