Business

A $450m Da Vinci is aboard MBS's yacht, Artnet says

A $450m Da Vinci is aboard MBS's yacht, Artnet says

12 Jun 2019

Arabian Business – A Leonardo Da Vinci masterpiece, whose whereabouts has been a mystery since it sold in 2017 for a record $450 million, has turned up in an unlikely place, according to Artnet.com.

“Salvator Mundi” is being kept on superyacht Serene owned by Saudi Crown Prince Mohammed Bin Salman, the publication reported Monday, citing two “principals involved in the transaction” that it didn’t identify.

Another Saudi prince was said to have purchased the 500-year-old... Read More

Sheikh Mohamed bin Zayed holds talks with Vladimir Putin

Sheikh Mohamed bin Zayed holds talks with Vladimir Putin

12 Jun 2019

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a phone call from Russian President Vladimir Putin on Monday.

The pair discussed the two countries' relationship and joint co-ordination on international issues of mutual interest, reported state news agency Wam.

They also spoke about the latest developments in the Middle East.

Last year, Sheikh Mohamed bin Zayed visited Moscow where he met with the Russian... Read More

flydubai arrives at Sochi, Russia’s Riviera

flydubai arrives at Sochi, Russia’s Riviera

12 Jun 2019

Dubai-based flydubai has inaugurated its new service from Dubai to Sochi. flydubai flight FZ985 arrived at Sochi International Airport (AER) on 07 June and was met with a traditional water cannon salute and a welcome ceremony. The event was attended by Alexander Katorgin, flydubai General Manager for Russia, and Sergey Filippov, Executive Director for Sochi International Airport.

flydubai has been operating to Russia since 2010 and offers passengers from across its network more... Read More

Tokayev wins Kazakhstan’s presidency with 70.76 percent of vote, official preliminary results say

Tokayev wins Kazakhstan’s presidency with 70.76 percent of vote, official preliminary results say

12 Jun 2019

Incumbent Kazakh President Kassym-Jomart Tokayev received 70.76 percent of the vote (6,504,024 votes) in Kazakhstan’s June 9 presidential election, said Central Election Commission (CEC) Deputy Chairman Konstantin Petrov at a June 10 CEC briefing on preliminary election results.

The preliminary results indicate that Tokayev has won a clear victory among the seven candidates. He held the lead in the nationwide exit poll results released earlier in the day, in which he was expected to... Read More

KLM’s new Flying-V jet will take test flight in October (Video)

KLM’s new Flying-V jet will take test flight in October (Video)

09 Jun 2019

The way we fly could be set to change faster than predicted thanks to a radical new Flying-V airplane design.

Air France-KLM has collaborated with a Dutch university to fund research into a new aircraft design that could make long-haul air travel much more sustainable.

The Flying-V aircraft has massive wings and a unique two-prong design. The wings will be where the passenger cabins, cargo hold and the jet’s fuel tanks are placed.

Named after the Gibson guitar of the... Read More

UAE, Norway, Saudi Arabia brief UN Security Council on high degree of sophistication behind Fujairah attacks

UAE, Norway, Saudi Arabia brief UN Security Council on high degree of sophistication behind Fujairah attacks

09 Jun 2019

WAM – The Permanent Representatives to the United Nations of the United Arab Emirates, the Kingdom of Norway, and the Kingdom of Saudi Arabia on Thursday briefed members of the United Nations Security Council on the preliminary findings of the investigation into the coordinated attacks on four oil tankers that took place on the morning of 12th May 2019 off the port of Fujairah.

The attacks took place within UAE territorial waters less than 12 nautical miles from the UAE coastline, and... Read More

Khabib Nurmagomedov, Dustin Porier to clash in UAE

Khabib Nurmagomedov, Dustin Porier to clash in UAE

07 Jun 2019

The countdown has begun for one of the biggest Mixed Martial Arts (MMA) events ever to hit the UAE with organisers announcing new details for the much-anticipated Khabib Nurmagomedov vs Dustin Porier UFC 242 lightweight title fight in Abu Dhabi.

A dedicated website, visitabudhabi.ae, has been set-up by the DTC to assist fans seeking to register for early access to tickets for the September 7 blockbuster which also features a mouth-watering under-card.

... Read More

Dubai bus crash: death toll rises to 17

Dubai bus crash: death toll rises to 17

07 Jun 2019

Seventeen people died and three others were severely hurt in a bus crash in Dubai on Thursday.

The Oman-registered bus — a Mwasalat vehicle transporting people between Dubai and Muscat — was travelling along Sheikh Mohamed bin Zayed Road, carrying 31 passengers, when it crashed into a signboard at Al Rashidiya exit at 5.40pm. It is unclear what caused the driver to crash into the traffic sign, which displayed the maximum height of vehicles allowed to pass beneath it.

In an... Read More

flydubai celebrates 10 years of bringing people together (Video)

flydubai celebrates 10 years of bringing people together (Video)

02 Jun 2019

Sunday, June 2, 2019 — 10 years ago flydubai’s first flight took off from Dubai International bound for Beirut Rafic Hariri International Airport, on 01 June 2009, marking the beginning of a new chapter in the history of aviation in the United Arab Emirates (UAE).

In celebration of its 10th Anniversary, a special flight took off from Dubai International on 01 June 2019 at 12:20 local time and was met with a celebratory water cannon salute upon arrival in Beirut. On board were... Read More

Abu Dhabi Hotels Record Strong Double-Digit Rise in Revenues in Q1 of 2019

Abu Dhabi Hotels Record Strong Double-Digit Rise in Revenues in Q1 of 2019

02 Jun 2019

The latest figures released by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) for the emirate’s hospitality sector reveal that total hotel revenues for the emirate for Q1 of 2019 have increased by more than 16% compared to the same period in 2018.

Events such as the AFC Asian Cup, IDEX exhibition, Special Olympics World Games, and the Retail Abu Dhabi (RAD) shopping festival, alongside the popularity of in-demand new attractions including Warner Bros. World Abu... Read More

Pages