Month : November 2024

Travel

Dubai Airports prepared for peak season with strategic plans in place

omandailynews.com
MENA Newswire News Desk: Dubai Airports is fully prepared to handle the anticipated surge in passenger traffic during the upcoming peak season, according to Majed Al Joker, Chief Operating Officer of Dubai Airports. Al Joker emphasized the airport’s readiness for the rainy season and the expected increase in activity, citing close collaboration with government agencies......
Business

Germany sees 22.9% rise in corporate insolvencies for October 2024

omandailynews.com
MENA Newswire News Desk: Germany has reported a notable increase in corporate insolvencies, with October 2024 registering a 22.9% rise compared to the same month last year. According to data from the Federal Statistical Office (Destatis), corporate insolvencies reached 1,937 in October, up from 1,653 in September 2024. This marks a continuation of......
News

UK climbs to third globally in climate action as COP29 progresses

omandailynews.com
MENA Newswire News Desk: The United Kingdom has ascended to third place in the global Climate Change Performance Index (CCPI), a notable rise from last year’s eighth position. The ranking places the UK behind only Denmark and the Netherlands, highlighting its intensified efforts to address climate change. The CCPI evaluates countries based on......
Featured News

Bitget Offers LALIGA EA SPORTS Football Match Day Tickets to Bitget Pay Users

omandailynews.com
MENA Newswire: Victoria, Seychelles – Bitget, the leading cryptocurrency exchange and Web3 company has announced a campaign offering its users an opportunity to attend LALIGA EA SPORTS match day by leveraging the platform’s ‘Bitget Pay‘ product. Spanning from 21st 18:00 – 22nd 18:00 (UTC+8), the campaign aims to roll out activities planned out......
Business

Retailers prepare for impacts of looming China tariffs under Trump

omandailynews.com
MENA Newswire News Desk: U.S. businesses are stockpiling goods from China in anticipation of a 60% tariff on Chinese imports proposed by President-elect Donald Trump. The planned policy, central to Trump’s second-term agenda, has raised concerns among companies reliant on Chinese manufacturing. The tariff plan aims to reduce dependency on foreign imports,......
Automotive

4,000 Ford jobs at risk in Europe due to EV market struggles

omandailynews.com
MENA Newswire News Desk: Ford Motor Company has announced plans to reduce its European workforce by approximately 4,000 positions by the end of 2027, attributing the decision to softer-than-anticipated demand for electric vehicles (EVs) and mounting competition in the automotive market. The cuts will predominantly affect operations in Germany and the United Kingdom,......
News

Winter spike in power prices compounds Europe’s economic challenges

omandailynews.com
MENA Newswire News Desk: Wholesale electricity prices in Europe’s major economies have surged to their highest levels in over a year, according to recent reports, intensifying challenges for businesses already facing weak demand and low consumer confidence. This rise in energy costs is expected to exacerbate the region’s economic troubles, potentially affecting......
Travel

Dubai International Airport handles 68.6M passengers in 9 months

omandailynews.com
MENA Newswire News Desk: Dubai International Airport (DXB) is poised for a record-breaking year after welcoming 68.6 million guests in the first nine months of 2024, marking a 6.3% increase over the same period in 2023. The robust performance underscores Dubai’s growing global appeal as both a travel hub and a destination, solidifying......
Featured News

MENA’s fastest-growing game developer Game District acquires Gleam Games of Türkiye

omandailynews.com
Game District, one of the global leaders in mobile gaming with over 2 billion game downloads, has acquired a majority stake in Gleam Games. Acquisition highlights booming Turkish gaming sector and growth of MENA’s gamer population. MENA Newswire: ISTANBUL— In a major move for the global gaming industry, Southeast Asia-based gaming giant......