Bloomberg Emirates, which operates the world’s biggest fleet of long-haul aircraft, threw its weight behind the future of first-class travel, pouring millions into an upgrade of the ultra-luxury category on its Boeing 777 aircraft even as other carriers dispense of the biggest berths. President Tim Clark showcased the new design on the opening day of the Dubai Air Show, with ...

Bloomberg As brick-and-mortar retailers struggle to remain relevant in the new world of e-commerce, they’re hiring fewer seasonal workers. That’s according to a report by Challenger, Gray & Christmas Inc., which shows October employment gains fell 8 percent from last year—a result of fewer hiring announcements from companies like Wal-Mart Stores Inc. The report shows that seasonal retail hiring has ...

Bloomberg Cathay Pacific Airways is losing its decades-old membership of Hong Kong’s benchmark equity gauge as the city’s flagship carrier struggles to revive earnings. The airline will be dropped along with Kunlun Energy Co. as part of Hang Seng Indexes Co.’s quarterly review. Country Garden Holdings Co., a Chinese property developer, and Sunny Optical Technology Group Co., an Apple Inc. ...

Bloomberg The first Airbus SE superjumbo to exit service will be stored minus its engines at a French airfield as its owner seeks a new operator for a plane that while still relatively young in industry terms has fallen out of favour with airlines. The A380 will be returned to leasing firm Dr. Peters after 10 years of service with ...

Dubai / Emirates Business The combined value of the 361 active oil and gas projects in the GCC has crossed $331.4 billion (AED1.21 trillion) in November 2017, according to latest Oil and Gas Construction Analytics report issued by BNC Network, the largest and most comprehensive project research and intelligence provider in the Middle East and North Africa (MENA) region. Hydrocarbon ...

DUBAI / WAM Jafza, one of the world’s largest free zones, and a subsidiary of global trade enabler DP World has seen 7 percent growth in the number of oil and gas companies during 2016. DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, said “Jafza’s prime location as a gateway to the Middle East, Africa and South Asia ...

Dubai / WAM Dubai Electricity and Water Authority (DEWA) announced the recruitment of five robots as staff, as part of its continuous quest to envision and make the future through the development of mechanisms that enrich the experience of customers and contribute to the provision of seven-star quality services at its Customer Happiness Centres. This is a pioneering government initiative ...

ABU DHABI / Emirates Business Held under the patronage of HH Sheikh Mansour Bin Zayed Al-Nahyan, Deputy Prime Minister of the UAE, Minister of Presidential Affairs and Chairman of Abu Dhabi Food Control Authority, the eighth edition of SIAL Middle East will host more than 22,000 industry professionals and 900 exhibitors this year. Running from December 12-14 at the Abu ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended part of the 2nd Annual Meeting of the Global Future Councils (AMGFC) organised in partnership between the UAE Government and the World Economic Forum (WEF) – Davos. During a meeting with the Founder and Executive Chairman ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Saturday met Juan Manuel Santos, President of the Republic of Colombia, who is currently on a visit to the UAE. His Highness Sheikh Mohamed bin Zayed welcomed the Colombian President and his delegation ...