Nespresso faces $330 m lawsuit in Switzerland over capsules
Zurich, Switzerland - A French television star and a group of investors are demanding 280 million Swiss francs ($330 million) from...Business
Al Arabia subsidiary wins Dubai contract
The contract was awarded by Dubai Roads and Transport Authority.Company News Business
Omicron hits Christmas weekend travel: Over 6,000 flights scrapped
More than 6,000 flights have been canceled worldwide over the long Christmas weekend and thousands more were delayed, a tracking...Pilots, flight attendants, and other employees have been calling in sick or having to quarantine after exposure to Covid-19
A scramble to reroute pilots and planes and reassign employees was underway, but Omicron's surge has upended business
UAE, Morocco discuss cooperation in investment and economy
The two sides talked about Expo 2020 Dubai and the importance of the Arab countries' participation therein.The discussion took place in a meeting between UAE Deputy Prime Minister Sheikh Mansour bin Zayed Al Nahyan and Morocco Prime Minister Aziz Akhannouch
They are also said to have reviewed the latest developments in the Arab region and exchanged views over a number of regional and international issues of common interest
Ecommerce is fastest-growing channel in ME
In the Middle East, Saudi Arabia, Egypt, and the UAE account for nearly 80 percent of the overall ecommerce market.A PwC report indicates that UAE consumers are making purchases on smartphones (53 percent), computers (39 percent) and tablets (31 percent)
As a result, the UAE’s retail ecommerce market reached $3.9 billion in 2020, indicating a 53 percent year-on-year increase
Grankraft to invest in Hamriyah
Grankraft has leased 323,000 sq ft of land in the free zone.The MoU was signed by Hamriyah Free Zone Authority Director Saud Salim Al Mazrouei and Grankraft Director J George
George said his company was always looking for new ways to develop its services and build landmarks
Gulf stocks rebound after selloff
The Abu Dhabi index recorded a weekly loss of 4.8 percent, its deepest plunge since March 2020.The Abu Dhabi index recorded a weekly loss of 4.8 percent, its deepest plunge since March 2020
Saudi index gained 0.6 percent on Thursday backed by a 0.9 percent rise in Al-Rajhi Bank
Canada climate crisis impacts agricultural production and supply chains
Flood devastation, heavy rainfall, and Drought in Canada cause severe damage to the food supply chain and agricultural production.Japan's McDonald has been forced to ration fries as the British Columbia floods jam potato imports
Canada's westward supply links are very, very vulnerable and not resilient enough to climate change
McDonald’s Japan rations fries
It will sell only small-sized French fries for a week.McDonald’s said it is limiting fries’ sale in Japan to ensure that customers can still order them
This, even though the ‘stable procurement of resource materials’ is proving difficult
An old Greek Cargo Ship attracts tourists in Saudi Arabia
The ship was loaded with foodstuffs and sailed in 1978 from a Greek port towards the Aqaba port in Jordan,...Georgios-G was built in the UK with a length of 71.6 meters, a width of 11 meters, and a height of 4.9 meters
Currently, the ship is resting in the same place with more than two-thirds of its structure submerged in water
Over 2,000 flights cancelled as Omicron hits holiday travel
Estimates from the American Automobile Association revealed more than 109 million Americans were scheduled to travel by plane, train or...According to tracking website Flightaware.com at 1540 GMT on Friday, a total of 2,118 flights had been cancelled worldwide
Pilots, flights attendants and other staff have been calling in sick or having to quarantine after exposure to Covid
Russia fines Google $98m
The fine was for repeatedly failing to delete ‘illegal’ content.Russia has piled fines on the world's biggest internet platforms, accusing them of not moderating their content properly
But so far fines on Facebook parent company Meta, Twitter, and Google have stretched into the tens of millions of rubles, not billions
