Emiratis are key to the success of Dubai becoming the aviation capital of the world, but more has to be done to invest in local talent. This is the finding of City University London’s aviation program, where GCC and UAE nationals are in a minority. Local airlines and employers are being encouraged to invest in programs to help produce skilled professionals to build on the UAE’s success in the aviation industry.
Dubai Customs ‘Green Corridor’ handles surge in trade amid shipping disruption
Dubai Customs said on Sunday a trade corridor launched with Oman earlier this year has processed nearly AED8 billion worth of goods in a single month as regional shipping disruptions continue to affect supply chains.
LVMH to sell Marc Jacobs to WHP Global, G-III as buyers raise $850 million
French luxury group LVMH has agreed to sell fashion brand Marc Jacobs to a joint venture between brand manager WHP Global and apparel company G-III Apparel Group, which are raising up to $850 million to fund the deal, the companies said on Thursday.
India caps duty-free gold imports for jewellery exporters to curb demand
India on Thursday tightened rules for duty-free gold imports for jewellery exports by capping imports at 100 kg per licence, the government said in an order.
Warsh wins confirmation as Fed chair, with inflation on the march
The US Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of the Fed.
Sunny intervals
High: 39°C | Low: 28°C
Sunny
High: 40°C | Low: 27°C
Sunny
High: 39°C | Low: 28°C
