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UAE: Etihad Airways will create an ‘Air Silk Road’

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A preliminary agreement between Etihad Airways and Henan Province Airport Group. Which owns the Zhengzhou Xinzheng Airport, a major hub for domestic air shipping in central China, has been signed.

Etihad Airways will provide regular cargo service

As part of the agreement, Etihad Airways will provide regular cargo services between Abu Dhabi International Airport and Zhengzhou Xinzheng International Airport (CGO). In addition, Creating an air Silk Road between Henan province and Abu Dhabi, Etihad Airways announced on Monday.

Martin Drew, Etihad Airways’ senior vice president of sales and cargo, said: “Etihad is very excited about the possibility to expand its cargo footprint in China. In conjunction with Henan Province Airport Group. Create the ‘Air Silk Road’ between the emirate and central China.”

“This will greatly improve the diversification of product sales and cargo distribution channels in this region and strengthen economic and trade links between the UAE and China, and beyond.”

Moreover, The move comes amid booming global demand for air freight after the Covid-19 pandemic grounded the large, wide-body passenger aircraft used for carrying cargo.

Global demand, measured in cargo tonne-kilometers, was up 9.4 percent in October, compared to the same month in 2019, the latest figures from the International Air Transport Association show.

ALSO READ: UAE: New year’s Eve in Dubai

Etihad Airways’ cargo revenue jumped 56 percent

However, Etihad Airways’ cargo revenue jumped 56 percent annually in the first half of 2021. To $800 million as it carried 365.5 tonnes of freight. An increase of 44 percent from the same period a year ago. Partially helping the airline to halve its losses for the period.

Since the start of the pandemic, Etihad Cargo has operated 1,042 flights out of Shanghai and Beijing. Carrying more than 65,000 tonnes on its Boeing 777 freighters and passenger freighters. Mr Drew said. Half of the flights carried medical supplies to support the global fight against Covid-19 and equip frontline medical professionals.

Etihad Cargo has restored 90 percent of its destinations compared with the same period in 2019. While its capacity has increased by 20 percent.

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Will Oil Prices touch triple Digits in 2022? If it reaches what will the effect on growing nations.

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Oil slipped towards $84 a barrel, the first weekly loss in about two months.

The Crude has been hovering around $88 per barrel since the last 2021 ending. Can we see Oil Prices touch triple digits in 2022? If it goes there, what will impact growing nations like India and all?

oil price per barrel near 88

Market sentiments in the oil market are upbeat. Demand may rise as omicron’s fear is getting lesser with time. Now the question is will we see oil prices touch triple digits in 2022.

Last year from November 2022, we have to see the Global benchmark brent crude jump by 25%. It is around $88 per barrel from November 2022. Market analysts suggest demand will grow. Omicron’s fear is getting lesser now, which will spark demand, and Oil prices may increase in 2022.

However, prices fell towards the end of the year as new variants emerged, and conditions were placed again in several nations to contain the Omicron variant’s spread. Prices began rising at the close of the year, gaining permission from the record highs achieved in financial market indicators. Gains were supported by the reopening of economizing and anticipated faster economic development in the near term.

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Dubai 2040: Residents’ lives will be transformed by the Urban Master Plan

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Dubai 2040 Urban Master Plan

Dubai 2040 Urban Master Plan, which describes Dubai’s development over the next two decades. Involves significant changes to the city’s landscape and skyline.

A wide range of initiatives aim to provide residents with the best possible quality of life. While developing the next phase of its residential and economic growth. It is Dubai’s seventh urban master plan of its kind since 1960.

The heart of tradition remains Deira and Bur Dubai. While Downtown Dubai and Business Bay act as the financial center of the emirate. The center of tourism and entertainment is Dubai Marina. While Expo 2020 is the gateway to international exhibitions.

According to Gurminder Singh Sagoo, director of professional services at WSP in the Middle East.  A professional urban planner with three decades of experience.

ALSO READ: Schools in Abu Dhabi look forward to classes

Dubai 2040 is easy to understand and people can relate to it. Also, the plan outlines a vision for how Dubai will look in the future, according to experts.

Google the 2040 master plan

Today, when you Google the 2040 master plan, you’ll see social media is really awash in it. Social media users are talking about it, not urban planners and engineering consultants.

“It’s people like you and me talking about it.” “It’s ordinary people.” “That’s what makes the master plan so impactful,” Mr. Sagoo said.

The plan will further encourage growth that the people of Dubai are used to. “It shows them where the economy is heading and helps them visualize a thriving economy which has diversified and hopefully gives consumers confidence.” Once the center of Dubai, the plan envisions regeneration of ‘older’ areas like Bur Dubai and Deira.

The plan aims to ‘unlock’ the potential of new parts of the city, something that has happened in other developing cities around the world as well.

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In February, the UK’s Prince William will visit the UAE

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Prince William will visit Dubai to mark the UAE’s 50th anniversary

During the Duke of Cambridge’s first official trip to the UAE, on February 10. Prince William will visit Dubai to mark the UAE’s 50th anniversary during the UK booth’s celebrations at Expo 2020 Dubai. The pavilion will take up most of Expo 2020 Dubai, and it will showcase talent from across the UK.

The Queen’s Baton Relay for Birmingham 2022, announced by Queen Elizabeth II in October, will take place at Expo and visit pavilions of Commonwealth nations.

Prince William will also visit the UAE as part of his visit to the UAE that strengthens the relationship between the UK and UAE.

On his visit to the UAE, Prince William will meet Emirati youth and government leaders. There will also be a discussion of two Royal Foundation programmes: United for Wildlife and The Earthshot Prize.

As an avid conservationist, Prince William will learn about UAE initiatives to prevent climate change and protect the flora and fauna of the region.

ALSO READ: UAE prohibits owning of knives for work

In 2014, Prince William established United for Wildlife, a global conservation initiative that brings together seven conservation organizations to combat the trade in illegal wildlife, which threatens the world’s most iconic species. United for Wildlife included innovators, a country, and a city that had made extensive contributions.

Prince William will gain more insight

There are many countries in the world taking action against this $150 billion criminal enterprise, including the UAE. During his visit, Prince William will gain more insight into how UAE public-private partnerships are helping to achieve this goal.

Prince William set up the inaugural 2021 Earthshot Prize, which includes innovators, countries, and cities as winners. The winners of this first prize were also showcased at Expo 2020.

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