Dubai: Travelers from the UAE – or those transiting – could be paying more on their airfares after the latest escalation in Middle East tensions and specifically, restrictions imposed on overland flights…
Tag: key
European Central Bank cuts key interest rates again as inflation slows
The European Central Bank (ECB) cut its key interest rate again Thursday as inflation cools but warned of continuing price pressures and gave no indication of the path ahead. The Frankfurt-based central bank…
Human-centricity is key in sustainable finance
To realise its full potential and emerge as a truly transformative force, sustainable finance demands a human-centric approach. “We should not limit our scope in sustainable finance to a certain trajectory,” explains…
US Federal Reserve, UAE Central Bank keep key interest rates unchanged again
US Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in…
India’s Larsen & Toubro secures key power projects in UAE, Saudi Arabia
In Saudi Arabia, PT&D said it would build a 380kV Substation and 380kV Overhead Line segments, reinforcing the central region’s 380kV network and aiding the country’s clean energy transition. In India, PT&D…
Southwest pilots missed key notice before closed runway takeoff
Flight 4805 departed on June 25 from the closed runway in Portland, Maine, just before 5:45 a.m. Prior to takeoff, the crew reviewed an electronic weather packet that included 32 notices to…
US Federal Reserve, UAE Central Bank keep key interest rates unchanged
US Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in…
ADNOC revises target to Dh90b for UAE-based sourcing of key industrial parts
Dubai: UAE’s energy major ADNOC has set a target of Dh90 billion by 2030 when it comes to sourcing key industrial products from within the domestic market. The target is part of…
US Federal Reserve, UAE central bank keep key interest rates unchanged
Speaking at a news conference, Chair Jerome Powell noted that inflation has cooled considerably from its peak. But, he added, “inflation is still too high, ongoing progress in bringing it down is…
Boeing 737 Max missing key bolts from door plug in Alaska Airlines blowout: NTSB report
Photo evidence released Tuesday shows bolts were missing from the door plug, which had been removed to fix rivets that were damaged in the production process, according to the independent U.S. National…