Page 7 - NEWSPAPER ACTIVITY-MILIN-8D-ENGLISH

BUSINESS
Demand for Abu Dhabi industrial land surges

Demand for industrial land continues to rise in Abu Dhabi despite the impact of the
pandemic on businesses, land lease data released by AD Ports shows.In the first half
of 2021, more than 2.2 million square metres of its Industrial Cities and Free Zone
Cluster of AD Ports have been leased during the first half of 2021 to local, regional,
and international businesses.Industrial Cities and Free Zone Cluster, comprising
Khalifa Industrial Zone Abu Dhabi (Kizad) and ZonesCorp, has a total of 550 square
kilometres of industrial and commercial land. Demand has been growing
throughout 2021, particularly from key economic sectors such as metals, food, auto,
technology, and chemicals.The industrial zones in Abu Dhabi are currently home to
more than 1,500 businesses including some of the world’s leading global industrial
players in a variety of sectors including advanced manufacturing, life sciences and
biopharma, food and agri-tech, machinery and equipment, maritime, logistics,
chemicals, and plastics. The cluster is embarking on major projects such as The Life
Science Park, which has been designed to cater for the growing demand of vital
sectors, such as the pharmaceutical, medical equipment, research and development,
education, as well as other health-related sectors.AD Ports Group also has recently
announced the completion of 1.38 million sqm of commercial and retail areas at
Rahayel Automotive and Mobility City, the first integrated hub for the automotive industry in the region to accommodate a full range of
auto-related businesses and supporting services.
Etisalat reasserts dominance as Jet 2.0 set for debut in first
world’s fastest mobile network quarter of 2022
Jet Airways, revamped under a
new ownership, will restart opera-
tions from the first quarter of 2022
after more than two years of hiat-
us.A consortium of Dubai-based
entrepreneur Murari Lal Jalan and
Kalrock Capital confirmed on
Monday that Jet 2.0 will take to the skies with a flight from
Mumbai to New Delhi early next year. The airline will resume
international short haul flights by the third or fourth quarter
of 2022.At the peak of its operations four years ago, Jet
Airways, in which Etihad Airways had taken a significant
Ookla recognised Etisalat as the world’s fastest mobile stake, used to operate 50 flights per day to 10 cities in the GCC,
network operator in 2021, reaffirming its dominance for the including three airports in the UAE.“We received NCLT
second year in a row. This global recognition positions the approval in June 2021, and since then we have been working
UAE as the fastest nation on earth as it continues to reign the closely with all concerned authorities to get the airline back in
mobile speed country index on its 50th anniversary
celebrations, fulfilling its objectives to create a better the skies. Jet Airways 2.0 aims at restarting domestic
tomorrow with a brighter future. At an awards ceremony operations by Q1-2022, and short haul international
held at Etisalat’s Al Kifaf building in Dubai, Masood M. Sharifoperations by Q3/Q4 2022. Our plan is to have 50+ aircraft in
Mahmood, received the award in the presence of Etisalat three years and 100+ in five years,” said Jalan, the proposed
Group’s CEO Hatem Dowidar, key etisalat management non-executive chairman of Jet Airways.Grounded since 2019
executives,and representatives from the technology
department. The ranking is based on analysis by Ookla of amid a huge debt burden, Jet Airways had to navigate several
millions of tests actively initiated by customers across every headwinds, including stiff opposition from employees’
network to check internet speeds using various applications unions to make its comeback. Jet 2.0 was initially scheduled to
on web and mobile platforms. start in July 2021.