Business

Where the wealthy go in private jets, from Bahamas to Barbados

Where the wealthy go in private jets, from Bahamas to Barbados

30 Jul 2019

Heatwaves and protests this month in New York, London and Hong Kong may have left some urbanites dreaming of weekend breaks on isolated beaches.

The fastest route to fulfilling those fantasies is by private jet, an exclusive mode of transport growing increasingly popular among the ranks of the super-rich.

Private jet flights climbed almost 10% last year, according to an analysis of 30 island destinations by real estate broker Knight Frank and aviation adviser WingX. Private... Read More

Second British warship arrives to assist vessels through Strait of Hormuz

Second British warship arrives to assist vessels through Strait of Hormuz

29 Jul 2019

Britain’s most advanced warship arrived in the Gulf on Sunday to increase protection for British-flagged vessels passing through the Strait of Hormuz following the seizure of a tanker by Iran earlier this month.

The HMS Duncan, a Type 45 destroyer, entered the strait on Sunday on a mission that the British government says is crucial to “provide reassurance to the shipping industry” against Iranian aggression. It joins the frigate HMS Montrose, which last week began escorting ships... Read More

Dubai in top 5 global international shipping centres

Dubai in top 5 global international shipping centres

29 Jul 2019

WAM – Dubai has made the top 5 in the 2019 Xinhua-Baltic International Shipping Centre Development, ISCD, Index for the second year running.

The index provides an independent ranking of the performance of the world’s largest cities that offer port and shipping business services.

In the six years since the report has been published, there has been a general rise in the performance of Asian and Middle Eastern locations. The first report in 2014 included three European locations... Read More

Libyan rescuers find dozens of bodies after 'worst' migrant tragedy this year

Libyan rescuers find dozens of bodies after 'worst' migrant tragedy this year

28 Jul 2019

Rescue workers on Saturday were looking for more bodies from a migrant boat capsize off Libya that a UN official has called "the worst Mediterranean tragedy of this year", with at least 62 confirmed deaths so far.

About 145 migrants were rescued by the Libyan coastguard after their overloaded boat went down east of the capital near the port city of Khoms on Thursday. Aid agencies fear that scores of others had drowned, with the number of missing estimated at more than 110 by the... Read More

Abu Dhabi Named as One of the World’s Most Cultural Cities by Skyscanner

Abu Dhabi Named as One of the World’s Most Cultural Cities by Skyscanner

28 Jul 2019

Abu Dhabi has been singled out as one of the most cultural cities in the world in a recent online list compiled by Skyscanner, the popular travel fare website.

The UAE capital made the exclusive list after the Chinese-owned website identified its top five destinations for expanding any travellers’ horizons with an arts and culture-filled holiday.

Coming in at number two, only preceded by Florence in Italy, the UAE capital was singled out for being one of the Middle East’s most... Read More

New road toll charges to be introduced in Abu Dhabi

New road toll charges to be introduced in Abu Dhabi

27 Jul 2019

Motorists in Abu Dhabi will have to pay new road toll charges from October 15 this year, transport officials have announced.

The scheme, similar to Dubai’s Salik system which has been in place since 2007, will be rolled out across the UAE capital at four tollgates.

The cashless system will be set up so drivers are automatically charged electronically.

Motorists travelling through Al Maqtaa, Mussafah, Sheikh Zayed and Sheikh Khalifa bridges will be charged Dh4 during... Read More

The end of an era: Sonia Rykiel French fashion house goes into liquidation

The end of an era: Sonia Rykiel French fashion house goes into liquidation

27 Jul 2019

The troubled Sonia Rykiel French fashion house - once a symbol the rebellious spirit of Paris in 1968 - on Thursday went into liquidation.

A Paris court ordered the winding up of the loss-making brand founded by the "Queen of Knits" Rykiel, an icon of 1960s revolt against the fashion establishment.

Despite the boom in luxury French fashion, a buyer could not be found to take on the label since it went into receivership in April.

... Read More

Amal Al Qubaisi invites Chairman of Russian State Duma to UAE

Amal Al Qubaisi invites Chairman of Russian State Duma to UAE

26 Jul 2019

WAM – Dr. Amal Abdullah Al Qubaisi, Speaker of the Federal National Council, FNC, invited the Chairman of the Russian State Duma to visit the UAE and the FNC, to participate the UAE-Russia Parliamentary Friendship Committee.

She passed on the invitation to Sergey Kuznetsov, Ambassador of Russia to the UAE, during their meeting at the FNC’s headquarters in Abu Dhabi.

Dr. Al Qubaisi highlighted the keenness of the UAE, under the leadership of President His Highness Sheikh Khalifa... Read More

Abu Dhabi court jails Filipino man for promoting terror group ISIS

Abu Dhabi court jails Filipino man for promoting terror group ISIS

26 Jul 2019

A UAE domestic worker who used a string of social media accounts to spread the ideology of terror group ISIS has been jailed for ten years and ordered to pay a Dh2 million fine.

The Filipino man, 30, identified as Hassan D.A.A, was convicted of joining the organisation and promoting its activities through seven social media accounts, five on Facebook and on each on Twitter and instant messaging service, Telegram.

The man will be deported at the end of his sentence, Abu Dhabi... Read More

Cartier presents its newest high jewellery collection, Magnitude

Cartier presents its newest high jewellery collection, Magnitude

25 Jul 2019

In an exhibition space at the 180 The Strand building in central London on end of June, Cartier unveiled Magnitude, its latest high jewelry collection. Rich in color and contrasts, the collection centered around unique pairings of precious and semi-precious gemstones that together assert the force of the storied jeweler’s inventive design and creativity, and the “disruptive” presentation style that Cartier’s audience knows well. 

The gloom of the rain-beaten June day failed to dampen... Read More

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