Aviation

Emirates to speed up airport experience

Emirates has launched its “Together” initiative in collaboration with Dubai Customs, Dubai General Directorate of Residency and Foreigners Affairs, Dubai Police and Dubai Airports. The initiative aims to improve traveller experience at the airline’s Dubai international airport hub with practical solutions based on “smart, speed, saving, service, safety and security”.

Commodities

DMCC chief eyes Western Australia ties

In an effort to strengthen bilateral relations between Dubai Multi Commodities Centre (DMCC) and Western Australia, the DMCC executive chairman, Ahmed Bin Sulayem, met Deidre Willmott, the chief executive of the Chamber of Commerce and Industry of Western Australia (CCIWA).

Education

Chartered Institute for IT signs agreements

The Middle East section of the Chartered Institute for IT (BCS) has signed memorandums of understanding with Heriot-Watt University Dubai and the University of Bolton Ras Al Khaimah. The agreements were signed by Adel Al Hashmi, the chairman of BCS, and Stephen Gill, the head of mathematical and computer sciences at Heriot-Watt and Fathima Shemim, the computing programme head at University of Bolton RAK.

Economy

RAK unveils centre for corporate registration

The government of Ras Al Khaimah yesterday unveiled RAK International Corporate Centre as its premium corporate registry jurisdiction for international businesses in the emirate. The Centre was formed following the merger of RAK International Companies and RAK Offshore.

Quote:

“Higher net-worth or more sophisticated investors will, in our view, always demand face-to-face advice.”

Ronit Ghose, a Citi analyst, speaking after Betterment, a US online investment adviser – or ‘robo-adviser’ – overhauled its entire brand.

Economy

Bee’ah launches new company EvoTeq

Bee’ah, Sharjah’s environmental management company, announced the launch of a new company called EvoTeq. Bee’ah also signed two new business agreements in its quest to work on innovative tech-based solutions for the region’s environmental issues.

Trade

Dubai and Kenya Chambers to cooperate

The Dubai Chamber of Commerce and Industry and the Kenya National Chamber of Commerce and Industry signed a deal yesterday to establish a framework for economic cooperation and stronger trade ties between Kenya and the emirate.

Finance

Northern Trust opens branch in ADGM

US asset manager Northern Trust yesterday announced the opening of its new branch office in Abu Dhabi Global Market (ADGM). The branch will offer Northern Trust’s range of asset servicing and asset management solutions directly to institutional investors and affluent individuals across the region.

Tourism

Yas Island call for events sponsors

Yas Island wants to host events all year round to boost visits to the island and add to Abu Dhabi’s economy. Miral is inviting second round of sponsorships until June 23 to be part of the scheduled Harry Potter in concert and festivals like Taste of Abu Dhabi on Yas.

Aviation

Turkish Airlines adds Saudi routes

Turkish Airlines is launching new flights from several cities in the Middle East to key tourist destinations in Turkey. The new direct flights from Saudi Arabia will be from Jeddah to Ankara and Trabzon; Riyadh to Antalya and Trabzon; and from Medina to Ankara. Additional connecting flights include the cities of Dammam, Yanbu and Al Qassim, all travelling to Trabzon. There will be others from Kuwait, Erbil in Baghdad, Sulaymaniyah in Iraq and Amman in Jordan.

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Barcelona 5 (Lenglet 2', Vidal 29', Messi 34', 75', Suarez 77')

Valladolid 1 (Kiko 15')

What is Bitcoin?

Bitcoin is the most popular virtual currency in the world. It was created in 2009 as a new way of paying for things that would not be subject to central banks that are capable of devaluing currency. A Bitcoin itself is essentially a line of computer code. It's signed digitally when it goes from one owner to another. There are sustainability concerns around the cryptocurrency, which stem from the process of "mining" that is central to its existence.

The "miners" use computers to make complex calculations that verify transactions in Bitcoin. This uses a tremendous amount of energy via computers and server farms all over the world, which has given rise to concerns about the amount of fossil fuel-dependent electricity used to power the computers. 

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
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Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

PREMIER LEAGUE RESULTS

Bournemouth 1 Manchester City 2
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Manchester United 2 Leicester City 0
West Bromwich Albion 1 Stoke City 1
Chelsea 2 Everton 0
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The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5