Abu Dhabi / Emirates Business Good news for expats in the UAE — the future is looking brighter. Amid the constant speculation about whether the UAE’s ‘expat bubble’ is about to burst comes proof that more and more expats are planning to lay down their roots and settle in for the long haul. According to compareit4me.com, a survey carried ...
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Air Arabia net profit reaches AED114mn in first quarter
Sharjah / Emirates Business Air Arabia PJSC reported strong financial results for the first quarter of 2016 exceeding analyst expectations as the Middle East’s first and largest low cost carrier continued to deliver outstanding performance and attract new customers. Air Arabia reported a net profit of AED114 million for the three months ending March 31, 2016, 34 percent higher ...
Read More »Global annual spend on airport security to hit $12.67bn in 2023
ALKESH SHARMA / Emirates Business As the Middle East region surpasses global surge in air traffic, airlines and airports in this part of the world are making huge investments to spruce up the security of passengers and premises. Massive funds have been moved towards airport system upgrades to ensure seamless passenger experience, focussing solely on the security segment. UAE ...
Read More »Majid Al Futtaim wins at MENA Digital Awards
Abu Dhabi / Emirates Business Majid Al Futtaim has been awarded two prestigious awards at the MENA Digital Awards 2016 (MDA) and the Festival of Media Awards MENA 2016. The retail pioneer won in two categories: “Best Mobile App†for City Centres’ mobile app at the MDA, as well as “Best Engagement Strategy†for the Corporate Sustainable Responsibility angle ...
Read More »Etihad Airways’ new premium lounge opens at Melbourne airport
Abu Dhabi / Emirates Business Etihad Airways officially opened its spectacular new Premium Lounge at Melbourne Airport, offering guests a stylish, comfortable environment in which they can relax, re-energise, dine, work or be entertained pre-flight. A natural light filled space with floor-to-ceiling glass, it offers expansive views across the runway. At more than 800m2 with seating capacity for up ...
Read More »GCC retail market far from being saturated
Dubai / Emirates Business According to Abu Dhabi-based Business DNA, the region’s retail sector is far from being saturated, and expects the industry to see a growth of 7% to 12% in 2017. The company sees 2016 as a correction year for the industry, even as it looks to drive growth of Abu Dhabi’s underrated retail market. Business DNA ...
Read More »UAE and Latvia sign pact to boost economic cooperation
ABU DHABI / WAM The UAE and the Republic of Latvia on Sunday signed an economic cooperation agreement to strengthen economic, trade and technical cooperation between the two countries. Sultan bin Saeed Al Mansouri, the UAE Minister of Economy, and Arvils Aseradens, Minister for Economics and Deputy Prime Minister of Latvia, signed the agreement in the presence of Eng. ...
Read More »Cabinet launches ‘Cohesive Family 2021’
ABU DHABI / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister of UAE and Ruler of Dubai, launched a national campaign entitled: ‘Cohesive Family 2021’, to strengthen family ties and endorse the family’s core role in preserving the identity and culture of society. His Highness Sheikh Mohammed bin ...
Read More »Six new ambassadors, judges sworn in
ABU DHABI / WAM Three new UAE Ambassadors to friendly countries have been sworn in before Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. Those who took the oath of office were UAE Ambassadors-designate Mohammed Omar Abdullah Belfaqeeh, to the Republic of Singapore, Juma Mohammed Abdullah Al Ka’abi, to the ...
Read More »AED37mn for culture endowment from ‘Cultural Rewaq’
DUBAI / WAM The Ousha bint Hussein Endowment for ‘Cultural Rewaq’ was announced as part of the Global Vision for Endowments, which was launched by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. The endowment was established by Dr Mouza Obaid Ghobash dedicated to and in remembrance of her mother, ...
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