Liz Truss resigns as UK Prime Minister after 45 days in office

Truss was appointed as the country’s premier and leader of the Conservative Party on September 5

Tesla sales fall short of estimates as stronger dollar bites

Tesla cited higher costs related to a slower-than-expected ramp up in output at the new factories, as well as difficulties shipping vehicles

Gold holds gains as UK policy changes bolster investor sentiment

Bullion is still trading near its lowest level in the month

Japan

Emiratis can travel to Japan without a visa from November 1

The decision coincides with the launch of the Comprehensive Strategic Partnership between the UAE and Japan

UAE, WHO sign $25m agreement

UAE, WHO sign $25m agreement for Al Makassed Hospital in East Jerusalem

The agreement comes as part of the UAE’s efforts to support the medical and healthcare sectors in Palestine

Dubai’s Emirates A380 touches down in Bengaluru

The special service arrived on October 14, ahead of scheduled A380 operations which will commence on October 30

Renjan George and Sabu Thomas of DVCOM on the last day of GITEX

Gitex Africa: Dubai tech firm DVCOM is ready to launch global collaboration solutions

Gitex Africa will take place in Marrakech, one of the Morocco’s largest cities from May 31 to June 2, 2023

Amman’s Queen Alia International Airport welcomes over 5.8m passengers during Jan-Sep 2022

The passenger numbers registered a 89.6 per cent increase against 2021 figures

Mashreq, Anghami sign strategic partnership

Mashreq, Anghami announce regional strategic partnership

The partnership will see Anghami produce an exclusive podcast for Mashreq’s Brand Campaign “Rise Everyday” and offer the bank’s customers access to its content catalogue

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE

Non-oil trade between UAE, China crosses Dhs1.72tn in 10 years

Non-oil trade between the two countries in the first half of 2022 amounted to Dhs118.4bn

Indian exports to GCC rise 44% to $43.9bn in FY 2021-22: FIEO

FIEO officials said paper and allied products exports to the GCC touched $638m in 2021 with the UAE taking a major share in the trade at $386m

Foreign royals, world leaders, celebrities to attend Queen Elizabeth II's funeral

Queen Elizabeth II’s funeral: Who will attend and what to expect?

Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, visited Buckingham Palace on September 18 to offer his condolences to King Charles III

King Charles III

UAE President congratulates King Charles III on accession to UK throne

King Charles III was formally confirmed as the new British monarch on September 10

UAE israel education

Sheikh Abdullah bin Zayed arrives in Tel Aviv on Abraham Accords’ second anniversary

Besides the UAE foreign minister’s latest visit, we take stock of the key developments and events since the signing of the historic accords

Samsung

Samsung warns chip industry is headed for tough close to 2022

Samsung announced plans for an advanced $17bn chip plant in Taylor, Texas, with construction slated to start later this year

Gold flat ahead of inflation with more big rate hikes looming

Bullion has mainly fluctuated between $1,700 an ounce and $1,720 in September after several months of declines

Ghassan Aboud’s Crystalbrook collection acquires Sydney harbour hotel for AUD100m

The newly acquired hotel occupies a 1,825sqm site, with 176 rooms spread across two buildings

UAE mourning

UAE declares three-day mourning over demise of Queen Elizabeth II

Britain’s longest serving monarch passed away on September 8, at the age of 96

King Charles III: Taking on the new role as the face of a nation changes

Here’s a guide to the early days of King Charles III’s reign are expected to play out

UAE, world leaders offer tributes to Queen Elizabeth II

Britain’s longest reigning monarch passed away on September 8, at age 96

Queen Elizabeth II

In the Queen’s words…

These memorable quotes from Queen Elizabeth II throughout her seven decades on the throne will continue to remind us of her incredible legacy, wisdom and compassion

Britain’s longest reigning monarch, Queen Elizabeth II, passes away

In June this year, Queen Elizabeth became the first monarch in British history to celebrate a Platinum Jubilee

Turkish Airlines

Turkish Airlines to ramp up flights to UAE

The carrier plans to increase flight frequencies to Istanbul from Abu Dhabi, Dubai and Sharjah

Porsche

Porsche IPO moves ahead as parent VW looks to defy downturn

The move will direct funds to Europe’s biggest carmaker to foot the staggering cost of electrification and software development

Oil holds advance after OPEC+ delivers modest cut in production

West Texas Intermediate traded near $89 a barrel in early Asian trade, 2.4 per cent higher than Friday’s close

Liz Truss elected as UK’s new Prime Minister

In September of last year, Truss was appointed secretary of state for foreign, commonwealth and development affairs

World’s first Covid vaccine you inhale is approved in China

World’s first Covid vaccine you inhale is approved in China

China’s National Medical Products Administration approved CanSino’s Ad5-nCoV for emergency use as a booster vaccine

India's SpiceJet in talks to raise $200m to ease financial woes

India’s SpiceJet in talks to raise $200m to ease financial woes

The carrier will also spin off its cargo business into a separate company, SpiceXpress, in the quarter ending September 30

Mikhail Gorbachev

Former Soviet leader, Mikhail Gorbachev, passes away

Gorbachev won the Nobel Peace Prize in 1990

Honda battery plant

Honda, LG will build $4.4bn EV battery plant

The duo will set up a joint venture for the plant with construction starting early 2023