Author: Arabian Media staff
In November, more than halfway into a five-year turnaround at Air India, chief executive Campbell Wilson reflected on the challenges of privatising a formerly state-owned airline and overseeing one of aviation history’s biggest jet orders.“It has been a progressive thing, because at the end of the day we are still an airline and we still carry people in tubes 10 kilometres above the ground,” Wilson told the Financial Times in an interview. “So at the same time that you’re doing all of this change, you have to continue operating safely and robustly.”Seven months later, the safety credentials of India’s flag…
Image: Dubai Media Office/ RTA Dubai’s Roads and Transport Authority (RTA) has reduced its total number of vehicle licensing services from 54 to 14, marking a 74 per cent reduction in services as part of a major effort to enhance operational efficiency and deliver a seamless digital experience to customers. Ahmed Mahboob, CEO of the Licensing Agency at RTA, said the consolidation is part of the authority’s ‘360 Comprehensive Services’ plan, an integrated approach designed to align with Dubai’s strategic objectives of delivering streamlined and personalised government services. “This step is part of the ‘360 Comprehensive Services’ plan – a…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.At last year’s Olympic Games, Samsung gave the 17,000 athletes and officials a special edition gold flip phone that they could use to post on social media about their time in Paris.The move yielded a huge reward for the South Korean electronics company, already a sponsor of the event, in effect turning the sports stars into its own army of influencers.“Suddenly we got exposure everywhere for a fraction of [what] it usually costs to do the Olympics, because it’s kind of free…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A group of mid-tier UK law firms have handed out significant pay increases to their most junior lawyers as they attempt to keep pace with larger rivals in the race to attract and retain talent.Eversheds Sutherland has raised pay for its newly qualified lawyers in London from £100,000 to £110,000, while those at Pinsent Masons will have their salaries increased to £105,000, from £97,000 last year, the firms told the Financial Times. Both increases take effect in September.The rises follow Ashurst’s announcement…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The EU has refused to hold a flagship economic meeting with Beijing ahead of a leaders’ summit next month because of a lack of progress on numerous trade disputes, according to four people familiar with the matter.The bloc’s stonewalling of the talks, known as the EU-China High-Level Economic and Trade Dialogue, underlines the deep divisions between the sides despite Beijing’s efforts to court Europe as a counterweight to the US amid President Donald Trump’s tariff war.The economic dialogue often serves to lay…
Basatne MENA, the regional arm of global circular economy leader Basatne, has partnered with Likewize, the global provider of device lifecycle services, to launch ‘Upgrade & Protect’ — an innovative subscription-based smartphone programme. Upgrade & Protect introduces a flexible, monthly subscription model that allows users to upgrade, swap, or protect their smartphones at any time. With more than 50 million active devices and smartphone replacement cycles averaging 12–18 months, the programme is designed to offer greater value and convenience to consumers while unlocking new recurring revenue streams for telecom operators. Smartphone programme to reduce waste “This partnership with Likewize marks…
‘Dad allies’ help shift childcare burden. Plus: the $10bn Black hair industry; Trump pushback hits US diversity efforts; how women can catch up on AI; businesswomen face surge in online abuse; career paths shaped by trauma; and why success can be a recipe for divorce Source link
A high-profile mistake in the UK’s inflation data is prompting scrutiny of other weaknesses in the way the indicator is compiled, as the Office for National Statistics battles to restore faith in the quality of its output. The ONS admitted this month to an “error” in its regular consumer prices index report, which wrongly added 0.1 percentage points on to the headline rate of inflation.However the mistake — which the ONS blamed on faulty data from the Department for Transport — comes as other aspects of its methodology come under greater focus, from hotel costs and live music tickets to the…
Stay informed with free updatesSimply sign up to the Retail & Consumer industry myFT Digest — delivered directly to your inbox.The writer, author of ‘Fair or Foul: the Lady Macbeth Guide to Ambition’, is a visiting professor at Bayes Business School, City St. George’s, University of London‘It’s hard work building a brand,” declared Mary Portas, the retail consultant, to contestants on an episode of BBC television show Interior Design Masters. The “Queen of Shops” (a reference to her own TV series) knows what she is talking about. In the 1990s she helped transform the once sleepy Harvey Nichols department store…
Stay informed with free updatesSimply sign up to the Currencies myFT Digest — delivered directly to your inbox.The writer is president of the European Central BankWe are witnessing a profound shift in the global order: open markets and multilateral rules are fracturing, and even the dominant role of the US dollar, the cornerstone of the system, is no longer certain. Protectionism, zero-sum thinking and bilateral power plays are taking their place. Uncertainty is harming Europe’s economy, which is deeply integrated in the global trading system, with 30mn jobs at stake.But the shift under way also offers opportunities for Europe to…