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Gold Prices Surge to One-Month High Amid Renewed Hopes of Rate Cuts – Emirates 24|7

Gold prices firmed on Thursday after hitting a one-month high, helped by softer US inflation data that reignited hopes for interest rate cuts. However, a ceasefire agreement between Israel and Hamas limited further gains. Market highlights: Spot gold: After reaching its highest since Dec. 12 in early trading, it was stable at $2,696.30 […]

Emirates bans pagers, walkie-talkies after Hezbollah attack

Dubai-based Emirates has banned the use of pagers and walkie-talkies on all flights. It comes weeks after cell phone equipment exploded in a stunning sabotage, killing dozens of Hezbollah terrorists and injuring thousands more. The Middle East's largest airline said police would confiscate the devices if they were found in a passenger's luggage. “All passengers […]

Emirates bans pagers from flights after Lebanon attack

Emirates customers will no longer be allowed to travel with pagers or walkie-talkie devices, according to a statement from the airline released on Friday. The new policy comes after the militant group Hezbollah announced in September that its pagers and walkie-talkies had been rigged with explosives, killing dozens of people, including children, and injuring thousands […]

Emirates exec cites Boeing’s ‘progressive decline’ in manufacturing

The former CEO of American Airlines believes Boeing can improve its poor safety culture and regain trust. president of UAE-based airline Emirates warns that Boeing’s manufacturing processes are slowing down and the company needs to course-correct following the loss of a 737 Max 9’s door plug panel and subsequent grounding of the plane for inspection. […]

‘Progressive decline’ in Boeing’s standards, says Emirates airline president

The head of Emirates Airlines has accused Boeing of “progressively lowering” standards as it faces an investigation into its production lines and quality control practices. Emirates President Tim Clark told the Financial Times. in an interview Boeing announced Sunday that it was in a “last chance saloon.” Boeing has been under intense scrutiny since one […]