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Airline seatback screens may be ‘endangered species’

Bloomberg In the quest to command higher fares and traveler loyalty, airlines are constantly scrambling to market their onboard services as better than Brand X. These days, one highly visible battleground is directly in front of you: the seatback screen. While such displays are firmly entrenched aboard long-haul fleets, helping pass the hours during ocean crossings, there’s a deep difference ...

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ERC initiative to support 10k orphans in 25 nations

Sharjah / WAM The Emirates Red Crescent (ERC), launched a new humanitarian initiative titled, ‘Orphans Kafalah Programme’, to support 10,000 orphans in 25 countries, under the slogan, ‘Be Their Families’. The programme was launched on social media and SMS in cooperation with Etisalat, and is being promoted in malls for three days around the country, including in Yas Mall, Abu ...

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Aviation industry to add $80b to UAE GDP by 2037

Abu Dhabi / WAM The International Air Transport Association (IATA), presented its latest study on the importance of air transport to the UAE showing that ongoing prioritisation of aviation as a key strategic asset could generate an additional 620,000 jobs and an extra $80 billion in GDP for the nation’s economy by 2037. According to the IATA study, air transport’s ...

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UAE lifts Lebanon travel ban

ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation lifted the ban on Emirati citizens travelling to Lebanon, with effect from Wednesday. Khalid Balhoul, Ministry’s Under-Secretary, said the decision came following an extensive follow up by Ministry to border security and after obtaining related guarantees from Lebanese government. “The decision to lift the travel ban emanates from ...

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Dubai to lead global FDI body

GENEVA / WAM The Emirate of Dubai, represented by the Dubai Investment Development Agency (DUBAI FDI), been elected for the Presidency of the World Association of Investment Promotion Agencies (Waipa). Dubai FDI will be the president of the new Steering Committee that will lead the global FDI body from 2019 to 2021, reflecting the confidence of the international community in ...

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New IMF chief warns of ‘serious risk’ global slowdown will spread

Bloomberg Kristalina Georgieva, in her first major address as head of the International Monetary Fund (IMF), painted a downbeat picture of the world economy and said a more severe slowdown could require governments to coordinate fiscal-stimulus measures. In a speech that sets the tone for next week’s annual meeting of the IMF, Georgieva said the fund will cut its growth ...

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Emirates offers special fares to Mexico

Dubai / Emirates Business Ahead of its inaugural flight to Mexico City via Barcelona on December 9, Emirates is offering travellers in the UAE a chance to book early and discover one of most fascinating and vibrant cities in the Americas. Families and solo travellers can also take advantage and venture to a new destination this winter. Economy Class passengers ...

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ADX showcases tech advances at Gitex

Abu Dhabi / Emirates Business Abu Dhabi Securities Exchange (ADX) is showcasing its key advances in artificial intelligence and in digitisation that enhance the services of the Exchange for local and international investors. The technology developments Arqam and ADX Digital Wallet powered by payit were demonstrated at the Abu Dhabi Government Pavilion at Gitex Technology Week 2019, taking place 6th-10th ...

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AFZ launches innovative apps, IT platforms at Gitex

Ajman / Emirates Business Ajman Free Zone (AFZ) chose this year’s Gitex exhibition to officially launch a number of IT platforms and APPs in order to further simplify the business set-up process and improve efficiencies. The organisation’s new technologies are transforming the customer experience and are enabling it to compete on a global scale for business investment. The Free Zone’s ...

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