Abu Dhabi / WAM Air Arabia Abu Dhabi on Tuesday marked the inauguration of its operations with its first flight to Alexandria in Egypt. A second Air Arabia Abu Dhabi flight will operate from the UAE’s capital to the Nile city of Sohag on July 15. The launch ceremony was attended by senior leadership teams of Etihad Aviation Group, Abu ...
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Virtual awareness session on ‘Go Safe’ certification program for hotels held
Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has hosted a virtual awareness session on the recently launched ‘Go Safe’ certification programme for hotels across the UAE capital. Led by Ali Hassan Al Shaiba, Executive Director of Tourism and Marketing at DCT Abu Dhabi, the online session was attended by more than ...
Read More »Sharjah’s IEMS recognised as NOCN Centre
Sharjah / WAM The Institute of Environmental Management and Sustainability (IEMS) Academy, has been recognised as an NOCN Centre and will launch a number of qualifications within the Environmental, Sustainable and Resource sector. IEMS will start with offering a Level 1 Qualification, the IEMS Award Principles of Waste and Resource Management which is a co-branded certification course. As part of ...
Read More »Work on 15 mosques in Abu Dhabi, Al Ain, Al Dhafra begins
ABU DHABI / WAM The Department of Municipalities and Transport – Abu Dhabi has begun development of 15 mosques at a cost of AED45 million in Abu Dhabi, Al Ain, and Al Dhafra this July, in collaboration with Modon Properties (Modon), a subsidiary of ADQ mandated by the Government of Abu Dhabi to develop integrated tourism destinations and sustainable residential ...
Read More »UAE condemns Houthi attempts to target Saudi
ABU DHABI / WAM The UAE has condemned the Iran-backed Houthi militia’s attempts to target civilian areas in the Kingdom of Saudi Arabia with explosive-laden drones and ballistic missiles, which were intercepted by Coalition forces. In a statement released by the Ministry of Foreign Affairs and International Cooperation, the UAE reiterated its full solidarity with Saudi Arabia in regards to ...
Read More »Abu Dhabi’s hotel occupancy up 3% in first week of July
Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) revealed signs of progress within the tourism sector as the emirate prepares to gradually open up to international travel. Hotel occupancy rates in Abu Dhabi have risen by 3% year-on-year since July 1 and are expected to rise further with the launch of a ...
Read More »UK’s economic recovery gets off to disappointing start
Bloomberg The UK economy expanded much slower than expected in May, underscoring the struggle to recover from the depth of the coronavirus slump. The expansion of 1.8% fell short of the 5.5% pace expected and still leaves the economy almost 20% smaller in the latest three months. While activity has since picked up as lockdown restrictions eased, the UK, along ...
Read More »Cellnex Telecom eyes stake in $11 billion CK Hutchison tower arm
Bloomberg Cellnex Telecom SA is considering bidding for a stake in CK Hutchison Holdings Ltd.’s European wireless tower business, according to people familiar with the matter, as it scouts for new acquisitions. Europe’s largest wireless tower operator is in early-stage discussions about acquiring a minority holding in the CK Hutchison portfolio, the people said, asking not to be identified as ...
Read More »Executives at bankrupt firms scored $131mn in bonuses
Bloomberg Before the bankruptcies came the bonuses: $10 million at J.C. Penney Co., $25 million at Chesapeake Energy Corp., $1.5 million at Hertz Global Holdings Inc. That’s how much was promised to executives only weeks or in some cases days before bankruptcy. Of the 100 or so major companies that have filed since the coronavirus shutdown began, 19 of them ...
Read More »EU to resist travel opening with new coronavirus wave a risk
Bloomberg The European Union (EU) will recommend keeping its external borders shut to Americans and most other foreigners for at least two more weeks as fears grow of a second coronavirus wave, according to officials familiar with the matter. Member-government envoys in Brussels plan to urge no expansion of a list of 15 countries — Canada, Japan, South Korea and ...
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