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Wizz Air UK gets green light for UK-US charter flights

The company’s UK unit had applied to the US Department of Transportation for a foreign air carrier permit in January

Reuters
Reuters

06 March, 2026

Wizz Air UK gets green light for UK-US charter flights
Image credit: Getty Images

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Wizz Air secured US flight permits from the UK, enabling charter services, particularly for the upcoming World Cup in North America. While not planning regular commercial flights, Wizz aims to serve European football teams and tour groups. Despite optimism about rebounding US tourism driven by the World Cup, Wizz Air's shares fell amidst a broader airline stock selloff.

Wizz Air said on Friday it received permits to operate flights to the US from the UK, opening doors for the budget carrier to offer charter flights, though it currently has no plans for regular commercial services.

The airline said it will provide charter flights for European football teams and fans attending the soccer World Cup, as well as tour operators arranging group trips to the US.

Read more-After UAE exit, Wizz Air revives Abu Dhabi operations

Despite a decline in interest in some traditional US tourist spots, airlines on both sides of the Atlantic remain optimistic that visitor numbers will rebound this year, helped by the World Cup in North America, with matches in 10 US states such as Missouri and Massachusetts.

Wizz’s shares were down over 3 per cent at 1203 GMT on Friday, amidst a broader selloff in airline stocks.

The company’s UK unit had applied to the US Department of Transportation for a foreign air carrier permit in January.

Strict warning issued in UAE: Sharing incident videos could land you in legal trouble

Publishing or circulating such footage, or spreading misleading information, constitutes a violation of the law if it leads to public panic

Gulf Business
Gulf Business

06 March, 2026

Strict warning issued in UAE: Sharing incident videos could land you in legal trouble
Image credit: Getty Images

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The UAE Attorney-General warns against sharing photos/videos of projectile-affected sites or spreading misinformation, as it can incite panic and mislead the public. Such actions, including fabricated content, are illegal and will face prosecution. Citizens are urged to rely on official sources for information to maintain national security and allow authorities to manage incidents effectively.

The UAE’s Attorney-General, Dr Hamad Saif Al Shamsi, has issued a strong warning against photographing, publishing, or circulating images and videos documenting sites affected by projectiles or shrapnel.

Al Shamsi stressed that sharing such materials, or disseminating inaccurate information, could incite public panic and create a misleading perception of the country’s actual situation. He noted that competent state institutions are performing their duties efficiently to maintain community safety, while daily life continues normally. Authorities are implementing all necessary measures to manage developments effectively, according to a WAM report.

Legal consequences for violators

The attorney-general highlighted that despite repeated warnings from authorities, some individuals continue to film incident sites and share them on social media. He emphasised that publishing or circulating such footage, or spreading misleading information, constitutes a violation of the law if it leads to public panic, the spread of false news, or harms public order.

Read more-UAE banks keep digital services running despite disruption

Citizens and residents who ignore these rules face legal accountability under current legislation.

Warnings against fabricated content

Al Shamsi also issued a caution against creating or sharing fabricated clips, including those produced using artificial intelligence or digital manipulation. This includes videos falsely claiming missile strikes, attacks on facilities, or attributing events that did not occur. He affirmed that intentionally misleading the public through such content is a criminal offense, and the Public Prosecution will take legal action against perpetrators without leniency.

He urged the public to follow the law and obtain information solely from official sources, underlining the importance of preserving national security and stability. Al Shamsi reiterated that refraining from filming or resharing content related to incidents ensures that authorities can manage situations efficiently and safeguard public trust.

UAE weather update: Cloudy conditions, strong winds forecast from March 6-10

Weather conditions on Saturday will remain partly cloudy with cloud cover at times, particularly over western and coastal areas

Gulf Business
Gulf Business

06 March, 2026

UAE weather update: Cloudy conditions, strong winds forecast from March 6-10
Image: Getty Images/ For illustrative purposes

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The UAE forecast from March 6-10 predicts partly cloudy conditions with potential light rainfall, especially in western and coastal areas. Expect strong, northwesterly winds reaching up to 40 km/h causing blowing dust, and rough seas initially. Temperatures will slightly rise before decreasing later in the week, particularly in northern regions. Humidity and mist are also possible.

The UAE is expected to see partly cloudy conditions, strong winds and a chance of light rainfall in some areas over the coming days, the National Centre of Meteorology (NCM) said in a forecast covering March 6 to March 10.

On Friday, the weather will be fair to partly cloudy, becoming cloudy at times over western areas. Northwesterly winds will be light to moderate, freshening at times and reaching up to 40 km per hour, which could lead to blowing dust. Seas are forecast to be rough in the Arabian Gulf and moderate, becoming rough at times, in the Oman Sea.

Conditions on Saturday will remain partly cloudy with cloud cover at times, particularly over western and coastal areas, alongside a gradual and slight rise in temperatures.

Northwesterly winds will be light to moderate, freshening at times with speeds of 10 to 25 km per hour and reaching up to 35km per hour. Seas in the Arabian Gulf will be rough in the morning before becoming moderate to slight later in the day, while the Oman Sea will remain slight.

Humidity is expected to increase on Sunday, with a probability of mist forming over some internal areas in the morning. Skies will be partly cloudy to cloudy, with a chance of light rainfall over some western areas, coastal regions and islands.

Winds will shift from northwesterly to northeasterly and may reach up to 40km per hour. Seas will be moderate to slight in the Arabian Gulf and slight in the Oman Sea.

Partly cloudy weather on Monday in UAE: NCM

On Monday, weather conditions will be partly cloudy to cloudy at times with a chance of rainfall over some western areas, coastal regions and islands. Southeasterly to northeasterly winds will be light to moderate, reaching up to 30 km per hour.

Seas will remain slight in both the Arabian Gulf and the Oman Sea.

Temperatures are expected to decrease on Tuesday, particularly in northern areas, as partly cloudy to cloudy conditions continue with a chance of rainfall over some western and northern areas. Northwesterly to northeasterly winds may freshen at times and reach up to 40 km per hour.

Seas will be slight to moderate in the Arabian Gulf and slight in the Oman Sea.

Abu Dhabi’s 2PointZero completes 60.8% acquisition of Italy’s ISEM Packaging

The acquisition marks 2PointZero’s entry into packaging as its sixth consumer-focused vertical and complements its existing investments in sectors such as beauty and apparel

Gulf Business
Gulf Business

06 March, 2026

Abu Dhabi’s 2PointZero completes 60.8% acquisition of Italy’s ISEM Packaging
Image: Supplied

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2PointZero Group acquired a 60.8% stake in Italy's ISEM Packaging Group for $192m, entering the packaging sector. Peninsula Capital retains the remaining stake. 2PointZero aims to support ISEM's international expansion and implement AI. The deal provides ISEM with capital and global reach for accelerated growth, maintaining its focus on luxury clients.

Abu Dhabi-based investment firm 2PointZero Group said it has completed the acquisition of a 60.8 per cent stake in Italy’s ISEM Packaging Group for Dhs704m ($192m), expanding into the global packaging sector.

The deal was completed through a combination of primary and secondary capital, the company said. Private equity firm Peninsula Capital and other minority investors will retain the remaining 39.2 per cent stake in the business.

The acquisition marks 2PointZero’s entry into packaging as its sixth consumer-focused vertical and complements its existing investments in sectors such as beauty and apparel.

ISEM, founded in 1949 and headquartered in Bologna, produces packaging products including rigid boxes, folding cases, silk paper and dust bags for global luxury and cosmetics brands such as LVMH, Gucci, L’Oréal and Coty.

The company operates 11 manufacturing plants with a combined industrial footprint of more than 100,000 square metres.

2PointZero Group’s CEO says the company plans to support ISEM’s international expansion

“The completion of this transaction marks an important step in advancing our global growth ambitions and establishing a scalable platform in the packaging industry,” said Samia Bouazza, chief executive of 2PointZero Group.

Bouazza said the company plans to support ISEM’s international expansion and deploy artificial intelligence and digital technologies across the business to improve operations.

Borja Prado, founding partner at Peninsula Capital, said the investment would provide ISEM with capital and global reach to accelerate growth.

“This investment will provide ISEM with the capital, global reach and strategic support to further accelerate its expansion,” Prado said.

Francesco Pintucci, chief executive of ISEM Packaging Group, said the deal would allow the company to expand while maintaining its focus on craftsmanship and relationships with luxury clients.

“With 2PointZero and Peninsula, ISEM has the platform to take that offer global,” he said.

Law firm Hogan Lovells advised both 2PointZero and Peninsula Capital on the transaction, while Legance and Van Campen Liem advised Peninsula Capital on structuring and reinvestment matters. Gatti Pavesi Bianchi Ludovici and Herbert Smith Freehills advised on the sell-side.

Read: UAE’s 2PointZero unit acquires stake in US wearable tech firm Whoop

French IT firm Atos meets revenue target amid restructuring push

Atos expects 2026 to be a “year of stabilisation” with a target of positive organic revenue growth

Reuters
Reuters

06 March, 2026

French IT firm Atos meets revenue target amid restructuring push
Image: Getty Images

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Atos reported €8bn revenue, meeting targets after restructuring, which included a 19% headcount reduction. Core Atos revenue declined, but Eviden grew. A €10.7bn backlog signals future stability. Atos aims for positive growth by 2026, 5-7% annual growth by 2028, a 10% operating margin, and reduced debt to achieve an investment-grade credit rating.

French IT services company Atos reported full-year revenue slightly above 8 billion euros ($9.3bn) on Friday, meeting its target and reflecting progress in its turnaround following significant financial restructuring.

The company slashed its headcount by 19 per cent to 63,193 employees as part of its “Genesis” restructuring programme aimed at restoring profitability after years of turmoil.

Revenue in the core Atos business unit declined 16.2 per cent organically to 6.96 billion euros despite winning a notable cybersecurity contract with the European Commission during the year.

Sales in the Eviden division grew 6.7 per cent to 1.04 billion euros, driven by the delivery of the Jupiter supercomputer in Germany.

Atos had a backlog of 10.7 billion euros at the end of December, representing 1.3 years of revenue, signalling a solid pipeline of contracted work that underpins its confidence in the recovery path.

Atos expects 2026 to be a “year of stabilisation” with a target of positive organic revenue growth, and potential downside limited to a 5 per cent decline in a challenging market. It expects to accelerate growth in 2027-2028, aiming for 5-7 per cent annual revenue growth and a 10 per cent operating margin by 2028.

Atos also aims to reduce its leverage ratio to net debt less than 1.5 times its operating income by 2028, as it pursues an investment-grade credit rating.

CBSE cancels class 10 exams in UAE, Gulf; class 12 paper postponed

The decision applies to CBSE schools in the UAE, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and Iran

Rajiv Pillai
Rajiv Pillai

06 March, 2026

CBSE cancels class 10 exams in UAE, Gulf; class 12 paper postponed
Image credit: Getty Images

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CBSE cancelled Class 10 board exams in UAE, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and Iran due to regional concerns and student safety. Exams scheduled March 7-11, 2026, and earlier postponed papers are scrapped. Thousands of students are affected. Class 12 exam on March 7 is postponed. Result declaration method will be announced later.

India’s Central Board of Secondary Education (CBSE) has cancelled Class 10 board examinations for students studying in CBSE-affiliated schools across the UAE and several Gulf countries, following a review of the evolving regional situation.

The decision applies to CBSE schools in the UAE, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and Iran. Examinations that had been scheduled between March 7 and March 11, 2026, have been cancelled, while earlier papers that were already postponed on March 2, March 5 and March 6 have also been formally scrapped.

In an official communication to school principals in the region, the board said the move was taken in light of ongoing regional developments and concerns about student safety. The board added that the method for declaring Class 10 results for affected students will be announced at a later stage.

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The disruption affects thousands of Indian expatriate students enrolled in CBSE-affiliated schools across the Gulf. The CBSE system is one of the most widely followed curricula in the region, particularly in the UAE where Indian community schools form a significant share of the private education sector.

Alongside the Class 10 decision, CBSE also confirmed that the Class 12 examination scheduled for March 7 has been postponed, with revised dates to be announced later. Students preparing for the remaining Class 12 papers have been advised to remain in close contact with their schools and monitor official CBSE notifications for further updates.

The announcement comes after several exam papers earlier in the week were first postponed as authorities assessed the situation across parts of the Middle East. Education authorities and schools across the Gulf are now adjusting academic schedules and assessment plans while awaiting further guidance from the Indian board

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