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Interpol on Thursday elected a contentious official from the United Arab Emirates as its new president during the international law enforcement body’s annual General Assembly held in Istanbul. He has been accused by human rights groups of involvement in torture and arbitrary detentions in the UAE. Interpol said al-Raisi was elected following three rounds of voting and received 68.9 percent of the votes cast in the final round. “It’s an honor to have been elected to serve as the next president of Interpol,” the global police agency quoted al-Raisi as saying. The president chairs Interpol’s general assemblies and meetings of its Executive Committee.
Persons: Ahmed Naser al, Hu Binchen, Hu, Raisi, , , Meng Hongwei, Matthew Hedges, Hedges, Ali Issa Ahmad, Rodney Dixon, ” Hedges, Sheikh Khalifa bin Zayed Al Nahyan, Saif bin Zayed Al Nahyan, Sayed Ahmed Alwadaei, ” Alwadaei, Kim Jong Yan, Valdecy Urquiza, Garba Baba Umar Organizations: United, United Arab Emirates, Assembly, NBC, Interpol, Asia, Al, Inter, Parliamentary Alliance, Bahrain Institute for Rights, Democracy, Juergen Stock Locations: United Arab, Istanbul, Maj, United Arab Emirates, UAE, Asia, China, France, Turkey, Beijing, Dubai, U.S, South Korea, Germany, Brazil, Americas, Nigeria, Africa
Interpol elected Gen. Ahmed Naser al-Raisi as its new president. He oversees UAE security forces, and two British men said he oversaw their torture when they were detained. 19 rights groups said he shouldn't be president over the UAE's "poor human rights record." Nine human rights organizations, including Human Rights Watch and the European Centre for Democracy and Human Rights, wrote to Interpol in 2020 "expressing concern" about a possible al-Raisi presidency, citing the UAE's poor human rights record." Former Interpol President Meng Hongwei, a Chinese national, disappeared in 2018 during a trip to China.
Persons: Ahmed Naser al, shouldn't, Meng Hongwei, Meng Organizations: Service, Interpol, United Arab, Guardian, UAE, Human Rights Watch, European Centre for Democracy, Human Locations: UAE, United Arab Emirates, China
The logo of Israeli cyber firm NSO Group is seen at one of its branches in the Arava Desert, southern Israel July 22, 2021. REUTERS/Amir Cohen/File PhotoJERUSALEM, Nov 25 (Reuters) - Israel slashed its list of countries eligible to buy its cyber technologies following concern over possible abuses abroad of a hacking tool sold by Israeli firm NSO Group, Israel's Calcalist financial newspaper reported on Thursday. The newspaper, which did not disclose its sources, said Mexico, Morocco, Saudi Arabia, Mexico and the United Arab Emirates were among countries which would now be barred from importing Israeli cyber tech. The list of countries licensed to buy it had been cut to just 37 states, down from 102. Those reports prompted Israel to review the cyber export policy administered by the Defence Ministry.
Persons: Amir Cohen, reuters.com Register Israel, Israel, Dan Williams, Jeffrey Heller Organizations: Group, REUTERS, NSO, United Arab, Israel's Defence Ministry, reuters.com Register, Defence Ministry, Pegasus, Amnesty International, University of Toronto’s, Apple Inc, Thomson Locations: Israel, Mexico, Morocco, Saudi Arabia, United Arab Emirates, UAE
Top oil producers Saudi Arabia and Russia are considering a move to pause their recent efforts to provide the world with more crude, according to people familiar with those discussions, after Washington and other countries said they would release a slug of stored oil in an effort to lower prices. Riyadh and Moscow have led OPEC and a group of other oil-producing countries in coordinating output closely amid a demand shock last year caused by the pandemic. Other members of that cartel, including the United Arab Emirates, aren’t convinced a pause is necessary, according to these people.
Persons: aren’t Organizations: United Arab Emirates Locations: Saudi Arabia, Russia, Washington, Riyadh, Moscow
ANKARA, Turkey—Turkey’s President Recep Tayyip Erdogan is set to host on Wednesday the de facto leader of the United Arab Emirates in search of foreign investment that could help ease the country’s economic crisis after the local currency extended a sharp slide. Abu Dhabi Crown Prince Mohammed bin Zayed al Nahyan’s visit to Ankara marks a recent thaw in ties after years of animosity between the two countries, which have competed fiercely for influence in the Middle East. It comes as Turkey seeks much-needed foreign investment and offers the oil-rich U.A.E. potential support in a broader struggle against Abu Dhabi’s other main regional rival, Iran.
Persons: Turkey —, Recep Tayyip Erdogan, Mohammed bin Zayed al, Abu Dhabi’s Organizations: United Arab Emirates, Abu Dhabi Crown Locations: ANKARA, Turkey, Abu Dhabi, Ankara, Iran
Brent crude futures rose 13 cents, or 0.2%, to $82.44 a barrel by 0742 GMT, having risen 3.3% on Tuesday. Register now for FREE unlimited access to reuters.com Register"Investors were disappointed by the small size of the joint oil release by the United States and other countries," saidSatoru Yoshida, a commodity analyst with Rakuten Securities. The Nikkei newspaper reported Japan will hold auctions for about 4.2 million barrels of oil out of its national stockpile by the end of this year. read moreThe coordinated release may add about 70 million to 80 million barrels of crude supply, smaller than the more-than-100 million barrels the market has been pricing in, analysts at Goldman Sachs said. read moreCrude stocks rose by 2.3 million barrels for the week ended Nov. 19, against an analyst expectation of a decline by about 500,000 barrels.
Persons: Goldman, Brent, Satoru Yoshida, Koichi Hagiuda, Goldman Sachs, Louise Dickson, Joe, Biden, Yuka Obayashi, Kenneth Maxwell, Lincoln Organizations: Petroleum, Kyodo, Japan, . West Texas, Investors, Rakuten Securities, United, Nikkei, Goldman, Rystad Energy, of, American Petroleum Institute, Thomson Locations: Kagoshima prefecture, Japan, TOKYO, U.S, ., United States, China, India, South Korea, Britain, Russia, United Arab Emirates, Gulf OPEC
Online payments giant Stripe is still in no rush to go public, with co-founder John Collison telling CNBC the company is happy staying private for now. "We're very happy as a private company," Collison said, speaking in an interview with CNBC's Hadley Gamble at the Fintech Abu Dhabi festival. "Part of where our patience stems from is the fact that it feels like we are very early in Stripe's journey." "This is a massive region that is just starting to inflect in terms of its own growth," he added. The fintech company was last valued at a whopping $95 billion, making it worth more than Uber ahead of the ride-hailing firm's initial public offering.
Persons: John Collison, " Collison, CNBC's Hadley Gamble, Collison, we're, It's, Patrick Organizations: CNBC, Bloomberg, United Arab, Google, PayPal Locations: Abu Dhabi, Persian, United Arab Emirates, Qatar, Saudi Arabia, UAE
Impossible Foods raises $500 mln in funding round led by Mirae
  + stars: | 2021-11-23 | by ( ) www.reuters.com   time to read: +2 min
Impossible Foods plant-based beef products seen inside a refrigerator at the meat section of a chain supermarket in Hong Kong, China, October 20, 2020. REUTERS/Lam YikNov 23 (Reuters) - Impossible Foods has raised nearly $500 million in a funding round led by existing shareholder Mirae Asset Global Investments, highlighting a surge in investor appetite for fast-growing plant-based meat makers. Impossible Foods, valued at about $4 billion in its last fundraise in 2020, did not disclose its latest valuation on Tuesday. read moreThe biggest investors in the world have written large checks for plant-based meat makers in recent years, encouraged by a boom in popularity of products considered more climate-friendly and humane. In March, plant-based meat startup the Livekindly Collective raised $335 million from investors such as TPG's The Rise Fund and Rabo Corporate Investments.
Persons: Lam Yik, Patrick Brown, Brown, Serena Williams, Jay, Bill Gates, Niket, Aditya Soni Organizations: REUTERS, Foods, Global Investments, Inc, reuters.com, Reuters, Investments, Stanford University, United Arab, Microsoft Corp, Google Ventures, UBS Group AG, Khosla Ventures, Temasek, Thomson Locations: Hong Kong, China, United States, Redwood City , California, Canada, United Arab Emirates, Australia, New Zealand, Bengaluru
It was "disappointing that we had to water down the wording on coal to … phase down," he said, "But I believe that the direction again once more is set and that we will accelerate." "If that is the compromise in the interim, hopefully in Egypt or in Abu Dhabi we'll have phase out — there's no other choice." "We have to, it would be stupid not to," Polman went on to state, before taking aim at Australia, a country where coal still plays an important role. "Australia has to realize that as well: 56% coal, still, in that country, is unsustainable," he said. "And for the prime minister to run around, Scott Morrison, to say the free market will take care of that, it's just beyond naive."
Persons: CNBC's Dan Murphy, Paul Polman, Polman, Scott Morrison Organizations: Unilever, CNBC, United Locations: Glasgow, Egypt, United Arab Emirates, Abu Dhabi, COP26, India, China, Australia
Exercises by US and Greek troops in Greece will increase, and the US presence in Greece will grow. "MDCA is the bedrock of our defense cooperation," Blinken said in a statement, referring to what is essentially a bilateral defense agreement. Elliott PageUnder MDCA, exercises between American and Greek troops in Greece will increase in number and duration, promoting interoperability between the two NATO allies in a tense corner of Europe. Turkey is also increasingly antagonistic toward other NATO members, particularly France, which recently signed a defense agreement with Greece. Although the MDCA is not directed against any particular country, "it does provide certain comfort for Greece in its disputes with Turkey," Novo told Insider.
Persons: Antony Blinken, Foreign Affairs Nikos Dendias, Blinken, Andrew Novo, Novo, Elliott Page, MDCA, USS Whitney, Andre Cameron, Greece Geoffrey Pyatt, Sergey Lavrov, Dendias, Erdogan, Kostas Fragogiannis, Mustafa Kamaci, Recep Tayyip Erdogan, Joe Biden, Renee Seruntine, Jonathan Ernst, Constantine Atlamazoglou Organizations: NATO, Service, Foreign Affairs, Mutual Defense, Cooperation, Center for, US Army, Spc, Elliott, Navy, USS, US, Foreign, Anadolu Agency, Getty, US Army National Guard, United, United Arab Emirates, Operational Squadron, Greece Mutual Defense Cooperation, REUTERS, Fletcher School of Law, Diplomacy Locations: Greece, Europe, Balkans, Alexandroupoli, Bulgaria, Turkey, Russia, Russian, Moscow, Turkish, Athens, Ankara, Cyprus, France, Washington, Israel, Egypt, United Arab, Syria, Tartus, United States
RIYADH—Houthi fighters allied with Iran have gained important new ground in the yearslong war in Yemen, as Saudi Arabia is struggling to defend a strategic, oil-rich city and U.S. efforts to broker peace stagnate. Without coordinating with United Nations peacekeepers in the area, Yemeni forces supported by Saudi Arabia and the United Arab Emirates abruptly withdrew last week from key positions near the western port city of Hodeidah. At the same time, Saudi Arabia vowed to send more forces to defend Marib, the center of an energy hub near the Saudi border where the Houthis have been methodically gaining new ground for months.
Organizations: RIYADH —, United Nations, United Arab Emirates, Marib Locations: RIYADH, Iran, Yemen, Saudi Arabia, U.S, Hodeidah, Saudi
MANAMA, Bahrain — The Biden administration is trying to convince its Arab allies that the United States, despite appearances to the contrary, is not fed up with the region and headed for the doors. It is a tough sell. At a meeting on Saturday in Bahrain that comes on the eve of global talks meant to rein in Iran’s nuclear ambitions, Defense Secretary Lloyd J. Austin III faced tough questions about how Arab allies were supposed to deal with the whiplash of an American national security policy that upends itself every four to eight years with a new president. With President Biden now trying to undo President Donald J. Trump’s own undoing of President Barack Obama’s Iran nuclear deal, some Arab allies expressed frustration that they were caught in the middle and must go their own way. The United Arab Emirates, for instance, is taking steps to de-escalate its own tensions with Tehran, after years of striking a harsher tone.
Persons: Bahrain —, Biden, Lloyd J, Austin III, Donald J, Barack Obama’s Organizations: American, United Locations: MANAMA, Bahrain, United States, Barack Obama’s Iran, United Arab Emirates, Tehran, Afghanistan, Iraq, China
BUCHAREST—After 40 years at sea, on his last voyage before retirement, Captain Dan Sandu slipped into his cabin on the MV Vantage Wave, a cargo ship sailing away from India, feeling unwell. “Don’t worry,” he typed in what would be a final email to his wife in April. “Everything will be fine.”Last month, the ship, by then floating off the United Arab Emirates, sent what had become a familiar plea. Captain Sandu was dead and his body was in the ship’s walk-in freezer. For six months, it had traveled thousands of miles lying near the crew’s meat and vegetables.
Persons: Dan Sandu, , Sandu Organizations: MV, United Arab Locations: BUCHAREST, India, United Arab Emirates, Romania
Airbus landed 408 orders for aircraft at the Dubai Airshow ranging from the new A350 Freighter to the A220-300. DHL Express placed an order for nine Boeing 767-300BCF, or Boeing Converted Freighter, aircraft while aircraft leasing company Icelease ordered 11 Boeing 737-800BCFs. Emirates followed with a newly-revealed order for two new Boeing 777-200 Freighter aircraft to expand its Emirates SkyCargo fleet. Boeing did succeed in generating excitement for its newest and largest twin-engine aircraft, the Boeing 777X. Having first flown in January 2020, the Dubai Airshow marked the first-ever international trip for the 777X and the first time members of the public were allowed onboard.
Persons: , Thomas Pallini, Icelease, Max, FlightGlobal Organizations: Airbus, Freighter, Boeing, Max, Cargo, Service, Privacy, DUBAI, Dubai, Indigo Partners, Wizz, American carrier Frontier Airlines, Volaris, JetSmart, Air Lease Corporation, Air Lease, Jazeera Airways, Nigeria's Ibom Air, Tanker Transport, United Arab Emirates Air Force, Air Defence, DHL Express, . Emirates, Emirates SkyCargo, Emirates, Israel Aerospace Industries, Akasa, Federal Aviation Administration, Qatar Airways, Lufthansa Locations: Dubai, Chilean, Indonesia, ., Qatar, Germany
Image Migrants near a hotel on Wednesday in Minsk, Belarus. The New York TimesThe Iraqi government said that a plane was expected to leave Belarus on Thursday to bring home migrants who are caught in the middle of a dispute between the Belarusian leader and the European Union. The flight bans come after an intense diplomatic campaign by European Union members alarmed by the arrival of thousands of mostly Iraqi migrants into Belarus after it loosened its visa rules in August. Hoping for a path into the European Union, the migrants instead found themselves in freezing forest camps on the borders with Latvia, Lithuania and Poland. Iraq and the European Union are considering offering incentives for migrants to return home, including cash payments.
Persons: Aleksandr G, Lukashenko, Yemenis Organizations: New York Times, European Union, Iraq’s, Ministry, European Union —, United, United Arab Emirates, European Locations: Minsk, Belarus, Iraq, Belarusian, Union, Poland, Erbil, Iraq’s, Kurdistan, Baghdad, Turkey, Iran, Dubai, United Arab, Latvia, Lithuania, Afghanistan, Lebanon, Libya, Syria, Yemen, Tashkent, European Union
In this article ALAn Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | ReutersDUBAI, United Arab Emirates — Airbus kicked off the 2021 Dubai Air Show with a bang, landing massive deals from day one. Airbus and Boeing are the world's two largest aerospace companies by revenue. Boeing saw some relief on Tuesday with a large order of 72 of its 737 Max from new Indian airline Akasa Air. Cargo planes and converted freighters are a hot sub-sector of the aviation industry as e-commerce booms and air shipment grows.
Persons: Benoit Tessier, Morgan Stanley, Guillaume Faury, Max, Stan Deal Organizations: Airbus, Delta Air Lines, Reuters, United Arab Emirates, American, Boeing, Indigo Partners, Air Lease Corp, CNBC, Jazeera Airways, Nigeria's Ibom, Tanker Transports, UAE Air Force, Air Defense, Indonesian Ministry of Defense, Akasa, DHL, Emirates SkyCargo, Air Tanzania, Sky, Emirates Airline, Sunday Locations: Reuters DUBAI, United Arab, French, Kuwaiti, Emirates, Air, UAE, Dubai, North America, Europe
Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. Dado Ruvic | ReutersU.S. Deputy Treasury Secretary Wally Adeyemo said that the dollar will continue to be the world's dominant currency despite increasing interest in cryptocurrencies. Sanctions policyRussian Central Bank Governor Elvira Nabiullina said last week that it would launch a prototype of the digital ruble platform early next year, according to Reuters. Nabiullina said Russia would undergo a pilot test before making a final decision on the launch of the digital currency. When asked whether the prospect of a digital ruble could make U.S. sanctions less effective, Adeyemo replied: "We believe that even if a digital ruble or other digital currencies come into place, there will still be scope for our sanctions to have an impact on their economies simply because the global economy is still inter-connected."
Persons: Dado Ruvic, Wally Adeyemo, Adeyemo, CNBC's Hadley Gamble, James Bullard, bitcoin, Russian Central Bank Governor Elvira Nabiullina, Nabiullina Organizations: Reuters U.S, United, Louis Federal Reserve, Russian Central Bank Governor, Reuters, CNBC Locations: cryptocurrencies, Abu Dhabi, United Arab Emirates, America, U.S, Russia
The United Arab Emirates' energy minister on Wednesday defended OPEC and its allies' decision to not increase oil supply to the market, despite U.S. pressure to pump more. "I would encourage people to calm, trust us," Suhail al-Mazrouei told CNBC's Hadley Gamble from the Adipec energy forum in Abu Dhabi. Al-Mazrouei said he has received calls from different countries' ministers asking him to take action, but added that OPEC intends to "follow the facts." He pointed to EIA predictions that suggest an oil surplus in the first quarter of next year. If the current plan by OPEC+ to increase production by 400,000 barrels per day each month will already lead to a surplus, the alliance should not change that plan and increase production even further, he added.
Persons: Suhail, Mazrouei, CNBC's Hadley Gamble, Helima Croft Organizations: United Arab, OPEC, Al, RBC Capital Markets Locations: United Arab Emirates, Abu Dhabi, OPEC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAE energy minister defends OPEC+ decision to stick to oil production planThe U.S. and other countries have urged OPEC and its allies to pump more oil, but the alliance has stuck to its plan. Suhail al-Mazrouei, energy minister of the United Arab Emirates, says OPEC+'s gradual increase in supply is already likely to lead to an oil surplus in the first quarter of 2022.
Persons: Suhail Organizations: UAE, OPEC, United Arab Locations: U.S, United Arab Emirates, OPEC
With HMS Queen Elizabeth and HMS Prince of Wales, the British navy once again has aircraft carriers. British Royal Navy/POPhot Jay AllenThe decommissioning of the last Invincible-class aircraft carrier, HMS Illustrious, left the Royal Navy without any aircraft carriers for the first time in nearly a century. HMS Queen ElizabethAn F-35 takes off from HMS Queen Elizabeth during training with the South Korean navy, September 2021. While some RAF F-35Bs are flown by Royal Navy pilots, the Royal Navy isn't expected to have its own operational F-35B squadron until 2023. The Royal Navy is looking into carrier-launched versions of the wingman drones being developed by the Royal Air Force.
Persons: Elizabeth, HMS Prince, Wales, Queen Elizabeth, HMS, POPhot Jay Allen, Merlin, Elizabeth An, British Royal Navy HMS, HNLMS Evertsen, Wales HMS Prince, Jeremy Quin Organizations: British, Royal Navy, Pacific, British Royal Navy, Royce, Marine, South Korean, Carrier Strike, Dutch Navy, US Navy, US Marine Corps, Fighter Attack Squadron, Royal Air Force's, Squadron, ISIS, Russian, NATO, United Arab, Royal Air Force, Marine Corps Locations: Britain, HMS Prince, Wales, Europe, Syria, Iraq, South Korean, New Zealand, Asia, Oman, United Arab Emirates, Essex, Gulf of Oman, Prince
Opinion | The Supply-Chain Crisis Is a Labor Crisis
  + stars: | 2021-11-17 | by ( Guy Platten | ) www.nytimes.com   time to read: +2 min
At the root of this crisis is a transport sector that is buckling under the strain of Covid-era conditions. By using its influence, the United States should persuade other countries to address an underlying cause of the crisis — working conditions for transport workers. To keep trade moving, workers urgently need fast-tracked visas, the return of flights to and from ports and vaccinations. Draconian travel bans and limited access to vaccinations have had a devastating impact on transport workers’ well-being and safety. This ill treatment may push many workers out of the sector, exacerbating the shortfall in labor that underpins the chaos.
Persons: Long, Crews Organizations: Workers, Pilots, International Chamber of Shipping, Baltic and International Maritime Council Locations: Los Angeles, Felixstowe, England, Dubai, United Arab Emirates, Shenzhen, China, United States, Suez
Economist Adewale "Wally" Adeyemo listens to questions during his Senate Finance Committee nomination hearing to be Deputy Secretary of the Treasury in the Dirksen Senate Office Building, in Washington, D.C., U.S., February 23, 2021. Greg Nash/Pool via REUTERS/File PhotoWASHINGTON, Nov 16 (Reuters) - Deputy U.S. Treasury Secretary Wally Adeyemo told banking executives in the United Arab Emirates that it was critically important for them to maintain "open communication" on security risks such as money laundering and illicit finance, the Treasury said on Tuesday. Adeyemo, who is on a trip to the Middle East to discuss economic and national security priorities, discussed the financial sector's role in countering terrorist financing and weapons proliferation, the Treasury said in a statement. "Deputy Secretary Adeyemo underscored the need for open communication with the financial sector, as it is critically important to joint efforts to protect the US and international financial systems from abuse," the Treasury said. Reporting by Andrea ShalalOur Standards: The Thomson Reuters Trust Principles.
Persons: Wally, Adeyemo, Greg Nash, Wally Adeyemo, Andrea Shalal Organizations: Treasury, Washington , D.C, WASHINGTON, U.S, United Arab, Thomson Locations: Dirksen, Washington ,, United Arab Emirates
Hilal al-Kharusi, acting CEO of commercial at Oman's state energy firm OQ looks on during an interview with Reuters in Dubai, United Arab Emirates November 16, 2021. REUTERS/Saeed AzharOman is following Saudi Aramco and other Gulf oil producers in looking at sales of stakes in energy assets, capitalising on a rebound in crude prices to attract foreign investors. Kharusi said OQ could consider different options for its gas network, which could include stake sales, local listings or leasing of pipeline assets. Kharusi said OQ is also reviewing other assets in its portfolio, but there is no firm sales process “at the moment”. Kharusi said OQ will consider bond issues next year after successfully selling $750 million this year.
Persons: Saeed Azhar, OQ’s, OQ, Kharusi, Organizations: Reuters, United Arab Emirates, REUTERS, Saudi Aramco, Abu Dhabi National Oil Co, Lazard Locations: DUBAI, Hilal, Dubai, United Arab, Saeed Azhar Oman, Saudi, , Saudi Aramco, Abu Dhabi, Oman
Emirates says Boeing 777X talks 'work in progress'
  + stars: | 2021-11-16 | by ( ) www.reuters.com   time to read: +1 min
Visitors stand in front of the plane Boeing 777X during the Dubai Airshow, in Dubai, United Arab Emirates, November 14, 2021. REUTERS/Rula Rouhana/File PhotoDUBAI, Nov 16 (Reuters) - Emirates has made progress in talks with Boeing (BA.N) on the Dubai airline's concerns over delays to the 777X jetliner but does not yet know when it will receive an aircraft it considers vital to its future growth, its president said on Tuesday. "It is work in progress; we are moving on it. Clark struck a softer tone after sharply criticising Boeing and calling for "another grown-up conversation" with the planemaker at an industry event last month. Reporting by Tim Hepher, Alexander Cornwell; Editing by Kim Coghill and Barbara LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Rula, Tim Clark, Clark, Tim Hepher, Alexander Cornwell, Kim Coghill, Barbara Lewis Organizations: Boeing, Dubai Airshow, United Arab Emirates, REUTERS, Thomson Locations: Dubai, United Arab, DUBAI, Emirates
Planemakers grab deals at Dubai Airshow
  + stars: | 2021-11-16 | by ( Alexander Cornwell | Tim Hepher | ) www.reuters.com   time to read: +4 min
DUBAI (Reuters) -Global aerospace firms have secured tentative or firm orders for more than 400 airplanes at the Dubai Airshow, building on signs of a recovery from a global pandemic that has shattered the industry’s profits. People visit the Lockheed Martin Aerospace company display during the Dubai Airshow in Dubai, United Arab Emirates, November 15, 2021. Most of the planes ordered were narrowbody models in highest demand from low-cost carriers like Europe’s Wizz Air and Boeing’s latest customer, Indian startup Akasa. Nigerian carrier Ibom Air, owned by the Akwa Ibom state government, confirmed a deal for 10 Airbus A220s. An Airbus spokesman said, “All deliveries are agreed with the customer and it is the customer’s privilege to announce them.”
Persons: Stringer, , , Bertrand Grabowski, Kuwait’s Jazeera, Marwan Boodai, Rakesh Jhunjhunwala, planemaker, Akasa, Tim Clark, Clark Organizations: Reuters, Global, Dubai, Lockheed Martin Aerospace, United Arab Emirates, REUTERS, Airbus, Kuwait’s Jazeera Airways, Boeing, Airlines, Kuwait’s, Ryanair, Ibom Air, Qatar Airways, Emirates, The Emirates Locations: DUBAI, Dubai, United Arab, India, , Asia, China, Nigerian, Akwa Ibom, Doha, Gulf
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