Alvin R. Cabral

2 weeks ago | thenationalnews.com | Deena Kamel |Alvin R. Cabral

Israel's attack on Iran is the latest in a series of global conflicts that are ratcheting airlines' security concerns, while weighing on their operations and profitability. An increasing number of conflict zones around the world means airlines are forced to take longer and costlier routes – impacting fuel, emissions and passengers. For passengers, this means flight cancellations and delays or longer journeys as jets are diverted away from conflict areas.

2 weeks ago | thenationalnews.com | Alvin R. Cabral

UAE artificial intelligence major G42 has set up a new unit that will serve the European and British markets, following up on its recent partnerships in the continent to expand its global reach. The subsidiary, G42 Europe and UK, will focus on providing AI solutions to the private sector and team up with governments and industries to develop critical AI infrastructure across the continent, the Abu Dhabi-based company said on Friday.

2 weeks ago | thenationalnews.com | Alvin R. Cabral

Boeing's stock price fell by more than 8 per cent in pre-market trading on Thursday, after an Air India flight crashed in the Indian city of Ahmedabad. The plane, a Boeing 787-Dreamliner that had 242 people on board and was bound for London's Gatwick Airport, crashed shortly after take-off. Air India confirmed Flight 171 from Ahmedabad to London Gatwick had been involved in a “tragic accident”. Boeing's shares were down about 8 per cent at $196.52 in pre-market trading.

2 weeks ago | thenationalnews.com | Alvin R. Cabral

Cryptocurrency giant Binance has entered the Syrian market, granting "full access" to residents who wish to use the platform after the lifting of international sanctions on the country. Binance users in Syria will have access to its products and services, including spot and futures trading, its 300-plus tokens and stablecoins, including Bitcoin, XRP and Dogecoin, and Binance Pay, the world's largest crypto exchange by volume said on Thursday.

2 weeks ago | thenationalnews.com | Alvin R. Cabral

Abu Dhabi chemicals maker Borouge has awarded a Dh1.95 billion ($531 million) contract to Adnoc Logistics and Services aimed at streamlining maritime deliveries and boosting the UAE's petrochemical exports. The 15-year partnership will see Adnoc L&S manage the transportation of up to 70 per cent of Borouge’s annual production, to Khalifa Port in Abu Dhabi and Jebel Ali in Dubai, the companies said on Wednesday. A minimum of two vessels will be dedicated for the operations, they said.