Business

Middle East carriers post strongest annual passenger traffic growth in 2014

07 Feb 2015

Region’s capacity rose 11.9 per cent and load factor climbed to 78.1 per cent

February 6, 2015

Dubai: The International Air Transport Association (IATA) announced on Friday that the Middle East carriers had the strongest annual passenger traffic growth of13 per cent in 2014.

“The region’s economies continue to show robust growth in non-oil sectors, and are... Read More

Strong demand, new products boost UAE business confidence

07 Feb 2015

Thriving non-oil private sector coasts over impact of declining crude prices

February 3, 2015

The UAE’s Purchasing Manager’s Index (PMI) for January showed strong improvement in business, indicating that the non-oil private sector continued to grow despite sharp decline in oil prices.

The UAE’s PMI is a composite indicator of non-oil economy based on data... Read More

Etihad launches 787 into operation

04 Feb 2015

The Boeing 787 is the most technologically advanced aircraft in its class.

Abu Dhabi — Etihad Airways has inducted its first Boeing 787 Dreamliner into its fleet. Etihad Airways is one of the world’s biggest 787 customers with over 70 airplanes on order, including a mix of 787-9s and 787-10s.

The carrier will place the aircraft on key medium and long-haul routes such as Washington DC... Read More

Second edition of Dubai Tour takes off - February 4 -7

04 Feb 2015

Starts from the Dubai International Marine Club and ends in front of Burj Khalifa Sprint star Mark Cavendish and Tour de France champion Vincenzo Nibali lead a high-calibre field for a Dubai Tour shorn of the scintillating skills of Marcel Kittel and Taylor Phinney this week.

 The Race

The inaugural Dubai tour took place in 2014, and has established itself on the... Read More

New projects to revive the charm of old Dubai’s historic sites

04 Feb 2015

More abra services between both sides of Dubai Creek, well-ventilated pedestrian ways inside the historical district and an art tour linking art galleries are also in the works.

Dubai: Old Dubai will return to its glory in three years, with a major renovation project for the Historical District getting clearance on Tuesday. His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-... Read More

Innovate constantly to stay ahead: Shaikh Mohammed

04 Feb 2015

In this age of rapid change, those who lag behind become irrelevant — in a heartbeat. Countries whose governments grow old face the same fate as outdated companies.

Companies, like people, grow old. They start life small and eager to survive, fueled by youthful energy and fresh ideas. They compete, expand, mature, and eventually, with few exceptions, fade into obscurity. The same is true of... Read More

Dh40 million observatory to be built in Dubai

04 Feb 2015

A return to the Islamic golden age of astronomy …

A Dh40 million observatory centre has been approved for Mushrif Park in Mirdif, with work expected to start next month.

Hopes are high for Al Thuraya Astronomy Centre to become a regional focal point for astronomy. It is being funded by Dubai Municipality and will be handed over to Dubai Astronomy Group to manage and operate.

... Read More

Etihad Airways carries 14.8 million passengers in 2014

04 Feb 2015

Flag-carrier posts 23-percent rise in number of passengers

Abu Dhabi: Etihad Airway carried “almost” 14.8 million passengers in 2014, a 23 percent rise on the previous year, the airline said in a statement on Monday.

The airlines equity strategy, where it has bought stakes in a number of airlines from Australia to Ireland, added 3.5 million passengers onto Etihad flights... Read More

Strong UAE economy a role model for world

04 Feb 2015

Country a safe and attractive destination for businesses, trade, says Mohammed

Abu Dhabi — The UAE Cabinet on Sunday endorsed the requirements to implement the Trade Facilitation Agreement (TFA) of the World Trade Organisation (WTO).

The TFA aims to facilitate cross-border trade by simplifying administrative and documentation requirements, as required by the government, on import and... Read More

Louvre Abu Dhabi: Talking Art Series Discussion with Cinema Legend James Ivory held at Manarat Al Saadiyat

02 Feb 2015

Abu Dhabi, January 29, 2015: Louvre Abu Dhabi: Talking Art Series returned for 2015 on Wednesday with a discussion on Miniature Paintings and Film led by the world-renowned filmmaker James Ivory, at Manarat Al Saadiyat. Following a lecture about his outstanding collection of 98 Indian miniatures that has been acquired by Louvre Abu Dhabi, James Ivory treated the audience to an... Read More

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