Sharjah / Emirates Business Air Arabia (PJSC) on Thursday announced full-year financial results for 2016 as the Middle East and North Africa’s first and largest low-cost carrier continued to deliver healthy growth and strong levels of profitability despite challenging market conditions. Air Arabia’s net profit for the full year ending December 31, 2016 was AED 509 million, a 4 ...
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Dubai / Emirates Business Danube Properties, the property arm of UAE-Based Danube Group, announced that 95 percent of the recently launched Miraclz project has been sold, at a press conference held at the Grand Hyatt Hotel. The event was held in the presence of Sushmita Sen, who is a renowned Indian actress and is the face of Danube Group, ...
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ABU DHABI and NEW YORK / Emirates Business Etihad Airways on Thursday announced the launch of ‘Runway to Runway,’ a unique rewards programme specially designed to support the fashion community’s international travel requirements. Since announcing its fashion partnership with IMG in 2016, Etihad Airways has worked with the company and its fashion industry network to develop a bespoke membership ...
Read More »Dubai / Emirates Business The UAE is among the world’s top countries in using e-government services to drive economic competitiveness and citizen happiness, experts announced ahead of the World Government Summit. Already the UAE is making strong progress in its information management, ranking in the Top 30 in the world in e-government effectiveness, and the top in the Middle ...
Read More »Abu Dhabi / Emirates Business Abu Dhabi played host to the 2017 Red Bull Air Race season opener for the tenth time in a row, in what turned out to be as exciting a race as the capital had ever seen. The decade-defining race was brought to the UAE in partnership with the Abu Dhabi Sports Council, which hosted ...
Read More »Sharjah / Emirates Business Sharjah Book Authority (SBA) announced receiving 1,500 works of art from 44 countries for the sixth edition of the Sharjah Children’s Books Illustrations Exhibition, which takes place in April. Organised by SBA as part of the Sharjah Children’s Reading Festival, this year’s exhibition has attracted 9% more works compared to last year, which saw 1,378 ...
Read More »ABU DHABI / WAM Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC) and Faisal Al-Fayez, Jordan’s Senate President (Majlis Al-Aayan), met for an official discussion at the FNC headquarters in Abu Dhabi. The session focussed on strong historical relations between the UAE and Jordan and their people, as well as strengthening the parliamentary, economic, cultural ...
Read More »ABU DHABI / WAM According to official figures from the Abu Dhabi and Dubai Securities Exchange, the value of margin trading finance reached AED85.7 billion in 2016, an increase of 12.7 percent from AED76 billion in 2015. An analysis by Emirates News Agency, WAM, showed that the value of the margin trading finance, presented by brokerage companies to their ...
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Dubai / Emirates Business The Smart Dubai Office and ENOC signed an MOU to increase coordination between ENOC and Smart Dubai on the city’s smart transformation objectives. It will promote cooperation, effective communication and reciprocal facilitation between the parties in alignment with goal of Smart Dubai initiative, to promote seamless and efficient city experiences in all aspects of city ...
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Dubai / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended on Wednesday a banquet hosted in his honour by Ali Abdullah Al Sha’far at his residence in Umm Suqeim district 1, Dubai. HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and ...
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