Business
MBRF launches new series of ‘Book in Minutes’ highlighting successful leadership styles
Wednesday, August 5, 2015Mohammed Bin Rashid Al Maktoum Foundation (MBRF) has introduced the new series in its ‘Book in Minutes’ initiative that put the spotlight on leadership styles and the power of positive thinking. Through ‘Book in Minutes,’ an ambitious initiative that aims to strengthen the culture of reading, MBRF presents Arabic summaries of some of the latest… Untitled
GITEX expands focus to diverse industry verticals
Wednesday, August 5, 2015With the potential global economic impact of Internet of Things-related technology and services anticipated to reach more than USD 11 trillion per year by 2025, developing economies such as those in the Middle East will contribute nearly half of the total value, according to a new report by the McKinsey Global Institute. Consequently, the 35thedition… Untitled
Beijing selected as 2022 Winter Olympics host
Monday, August 3, 2015The International Olympics Committee selected Beijing as the host of the 2022 Winter Olympics in Kuala Lumpur on Friday, lured by the guarantee of financial and organizational reliability of China. Beijing won the secret paper ballot of the IOC members 44-40, with one abstention, after the electronic voting system suffered a string of technical faults… Untitled
Etihad Airways new B787-9 Dreamliner raises bar on Singapore route
Monday, August 3, 2015Etihad Airways has set a new benchmark for luxury travel on the UAE-Singapore route with the start of daily Boeing 787-9 Dreamliner services this weekend. Flight EY470 departed Abu Dhabi at 10pm last night and touched down at Singapore’s Changi Airport at 10.15am today. The return flight EY473 will depart Changi Airport for Abu Dhabi… Untitled
The UAE has become the first Gulf country to liberalize the price of fuel
Monday, August 3, 2015The UAE has become the first Gulf country to liberalize the price of fuel. As of August 1, petrol prices will increase by an average of 24%. The government has decided to remove subsidies on fuel and make the price of petrol and diesel variable in line with average global prices. Until now both have… Untitled
Global property developer Emaar Properties records 12% growth in first half
Monday, August 3, 2015Global property developer Emaar Properties PJSC recorded a net profit of AED 2.205 billion (US$ 600 million) during the first six months of 2015 (January to June). This 12 per cent is higher than the first half 2014 net profit of AED 1.977 billion (US$ 538 million). Revenue for H1 2015 is AED 6.497 billion… Untitled
Theme parks are pegged to contribute more than AED 5 billion to the Dubai economy
Sunday, August 2, 2015Theme parks in the UAE and GCC have an edge over their counterparts across the globe since they have adopted the latest technology and are far more innovative and creative. Theme parks are pegged to contribute more than Dh5 billion to the Dubai economy by 2020. This is good news for amusement park operators. Lennard… Untitled
Emirates celebrates five years in Spain with new A380 service to Madrid
Sunday, August 2, 2015Emirates’ A380 route network has been extended even further with the launch of a daily A380 flight to Madrid yesterday, the 35th international A380 destination on the airline’s network. Emirates is the first airline to offer a scheduled A380 service to Madrid which coincides with the five year anniversary of the airline’s Spanish operations. The… Untitled
Emirates bids farewell to its last Boeing 777-200
Sunday, August 2, 2015Emirates, a global connector of people, places and economies is pursuing an aggressive fleet renewal programme that ensures it operates one of the world’s most modern and efficient fleet of aircraft, with an average age of less than 75 months. With Emirates taking delivery of 24 new aircraft in 2014/15 and 26 new aircraft planned to… Untitled
20% increase in hotel stays and over 5,000 rooms in the pipeline for Abu Dhabi
Sunday, August 2, 2015A new report published by JLL for The Hotel Show Dubai 2015 reveals that the Abu Dhabi hotel industry is experiencing positive growth with 5,200 rooms in the pipeline for 2017. 2,300 rooms are set to enter the market by the end of 2015 alone. The Abu Dhabi Tourism and Culture Authority (ADTCA) also report… Untitled
