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Ethiopian Airlines sees profit up by 12 percent in 2014-15

Addis Ababa / Bloomberg Ethiopian Airlines Enterprise, Africa’s largest carrier by revenue, increased its profit by 12 percent to 3.53 billion Ethiopia birr ($165.4 million) in 2014-15 despite declining air traffic on the continent. The fiscal crisis in African oil producers due to the falling crude price, the effects of the Ebola crisis on travel and instability in Africa and ...

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Fostering jewellery business at global scale

Our Coresspondent / EMIRATES BUSINESS Vicenzaoro Duba, the unique networking platform designed for the jewellery business community in one of the luxurious destinations in the world, will be opening doors for its second edition next month. This much-awaited trade show is designed for the key players of the jewellery production, who wish to showcase their latest and exclusive collections to ...

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Standing proud with its Arabian warmth

Sunaina Rana / EMIRATES BUSINESS Emirates Grand Hotel is tastefully decorated with the latest in luxury amenities providing the comfort expected of luxurious hotel. The non-alcoholic hotel is conveniently located in the heart of the commercial district, on Dubai. Sharing his opinion on Emirates Grand Hotel’s growth in 2016, Tarek Aouini, Hotel Manager, told Emirates Business, “In terms of business ...

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First ADAAW boosts industry momentum

ABU DHABI / WAM The first-ever Abu Dhabi Aviation and Aerospace Week (ADAAW) held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, welcomed thousands of executives, exhibitors, and other key stakeholders to the UAE capital since its doors opened on March 6, ...

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Day 2: 1.47 bn deals inked at UMEX

ABU DHABI / WAM The UAE on Monday signed three more deals worth over AED 1.47 billion with local and International companies on the second day of Unmanned Systems Exhibition and Conference, UMEX 2016, at the Abu Dhabi National Exhibition Centre (ADNEC). The announcement was made at a press conference by Brigadier General Rashid Mohammed Al-Shamsi, Chairman of the Higher ...

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Biden’s Masdar visit reflects UAE-USA sustainability ties

ABU DHABI / WAM US Vice President Joseph R. Biden on Monday visited Masdar City as part of his series of official engagements with senior UAE leaders. The visit is the latest milestone in a bilateral relationship that has helped drive global efforts to foster the widespread adoption of renewable energy, the acceleration of clean technology innovation and research as ...

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DEWA conducts SROI training

DUBAI / Emirates Business Dubai Electricity and Water Authority’s, DEWA, has organised a training course on Social Return on Investment (SROI) as part of its commitment to training employees and raising their level of awareness about economic and social development, to achieve DEWA’s vision to become a sustainable innovative world-class utility. The course was organised in cooperation with the Institute ...

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‘Pledge for Parity’ on Int’l Women’s Day

Ritika Sharma / Emirates Business It is March 8 again. Today, the world unites to recognise and support the role of women in every sphere imaginable. The official United Nation’s theme for the century-old celebration this time is ‘Planet 50-50 by 2030: Step It Up for Gender Equality’. According to the official website of International Women’s Day (IWD), women continue ...

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Sawab ‘campaign’ focuses on women’s feats

ABU DHABI / WAM The Sawab Centre, a joint online engagement initiative by the governments of the UAE and the US in support of the Global Coalition against IS , has launched a new social media campaign on the social networking sites Twitter and Instagram under the hashtag #HerAchievementsInspireMe. Coinciding with International Women’s Day, on March 8th, the campaign aims ...

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AAE in Saif Zone

SHARJAH / WAM British-owned Advanced Armour Engineering (AAE) has signed a long-term agreement with Sharjah Airport International Free Zone (SAIF Zone) to establish two high-tech factories with a total working area of 50,000 square feet. Specialised in defence and security, transport, architectural metalwork, construction equipment and maritime, AAE exports to over 12 countries and is firmly seen as the partner ...

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