Lufthansa Group welcomes the Portuguese government’s decision to select its offer in the privatization process for TAP Air Portugal. With the intended initial acquisition of a minority stake, Lufthansa Group is pursuing a clear strategic agenda: to support TAP Air Portugal’s growth while preserving its national identity and to sustainably strengthen Portugal’s connectivity, particularly with North and Latin America. Carsten …

Global leaders, policymakers, business leaders and sustainability experts explore pathways from ambition to action, accountability and measurable change DUBAI: The 14th cycle of the Global Sustainability & CSR Forum, jointly brought to the global stage by the Arabia CSR Network (ACSRN) and Dubai World Trade Centre Sustainability Dialogues, concluded its two-day gathering in Dubai on 13th October 2026. Held under …

By Rafiq Vayani DUBAI: Standard Chartered (“the Bank”) today announced the launch of a new, first-of-its-kind cryptocurrency trading solution, enabling affluent clients to access digital assets securely through the Bank’s platform, marking a step forward in how clients engage with this evolving asset class. The launch marks a global first for Standard Chartered and the first offering of its kind …

FORT WORTH, Texas: American Airlines is proud to announce that AAdvantage® members, team members and partners helped raise a $6.2 million during this year’s annual fundraising campaign benefiting Stand Up To Cancer® (SU2C). The six-week campaign which ran from Aug. 13 through Sept. 30 generated the largest fundraising total in the partnership’s history, advancing efforts to accelerate groundbreaking cancer research. …

KARACHI: The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the leading global standard-setting body for Islamic banking and finance, today concluded its 24th Annual Shari’ah Boards Conference, held with the support of the Central Bank of Bahrain (CBB) and a number of sponsoring institutions on 11 and 12 October at the Crowne Plaza Hotel in the Kingdom of …

News Desk ADDIS ABABA: Africa will require 1,640 new passenger aircraft over the next 20 years, according to Airbus’ latest Global Market Forecast (GMF 2026), as demographic expansion, economic growth, trade and tourism continue to drive demand for air connectivity across the continent. The forecast includes demand for 1,310 single-aisle and 330 widebody aircraft by 2045. The outlook reflects the …

DUBAI: InsuranceMarket.ae, the UAE’s leading insurance platform and an Alfred Holdings company, has selected Snowflake, the AI Data Cloud company, as its trusted and governed data foundation to automate reporting, centralise business information and support faster customer service. By using Snowflake, the insurance company has reduced reporting timelines from days to minutes and equipped frontline teams with faster access to …

Facility expected to produce approximately 1.2 million metric tons of paraxylene and 500,000 metric tons of benzene annually MANAMA, Bahrain: Honeywell Technologies (NASDAQ: HON) today announced that it has been selected by Gulf Petrochemical Industries Company (GPIC) to provide licensing and engineering services for a new aromatics complex in the Kingdom of Bahrain. The project will be developed at GPIC’s …

Nikoleta Eirini Fista takes on her new role as Chief Legal Officer and Board Secretary By Rafiq Vayani DUBAI: RoyalJet, the Abu Dhabi-based global premium private jet operator, has announced the appointment of Nikoleta Eirini Fista as Chief Legal Officer and Board Secretary. Ms. Fista is a highly accomplished lawyer with extensive experience in complex contract negotiations, joint ventures, cross-border …

By Rafiq Vayani ABU DHABI: In a global first, etisalat UAE has become the first operator to commercially launch 2×2 uplink MIMO with carrier aggregation for smartphones[1]. The new capability enables up to three times upload speed for compatible smart phones exclusively on etisalat UAE’s 5.5G network. The technology enables greater capacity and bandwidth to communicate and upload high-resolution photos, …