Emirates Business Etihad Airways, the national airline of the United Arab Emirates, has introduced Boeing’s Toolbox Mobile Library, an iPad mobile application, to enable its Technical Operations team to improve the efficiency of its maintenance engineers and technicians. With Toolbox Mobile Library, the airline’s engineers now have access to maintenance documents for instant reference and use at all times, removing ...
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Air Arabia to operate direct flight to Bishkek
Sharjah / WAM Air Arabia has announced the launch of a direct flight from Sharjah to Bishkek, Kyrgyzstan’s capital city, starting July 4. Adel Al Ali, Group Chief Executive Officer, Air Arabia, said, “Ensuring affordable travel to meet the aspirations of travelers has been key to our network growth strategy over the years. The direct flight to Bishkek is another ...
Read More »SZFRP releases 65 falcons in Kazakhstan
Abu Dhabi / WAM Sixty-five falcons were released into the wild in the Republic of Kazakhstan this year as part of the Sheikh Zayed Falcon Release Programme (SZFRP). A total of 1,920 of the culturally emblematic birds have been released since the programme started in 1995. The programme, which is held under the patronage of President His Highness Sheikh Khalifa ...
Read More »Dubai SME signs agreement to ensure legal aid to SMEs
Dubai / WAM Dubai SME has signed a memorandum of understanding (MoU), with Mohammad Ali Al Hamadi Advocates, a local legal firm, to facilitate Small and Medium-sized Enterprises (SME), access to knowledge and support on business laws. Under the agreement, Al Hamadi Advocates will give free lectures to registered SMEs about the basic legal directions on establishing and developing a ...
Read More »Dubai Customs to distribute 20,000 meals in Ramadan
Dubai / WAM Ahmed Mahboob Musabih, Director-General of Dubai Customs and Philip Frayne, US Consul-General to Dubai joined Ghayath Volunteer team last Saturday in distributing 5,000 Iftar meals to motorists and pedestrians on Sheikh Rashid road at sunset time as part of Al Furdah Hands initiative. The initiative, launched by Dubai Customs two years ago and is active during Ramadan, ...
Read More »UAE Space Agency to launch new satellite by year-end
Abu Dhabi / WAM The UAE Space Agency and Exolaunch have announced a joint agreement to launch MeznSat into orbit by the end of this year. The agreement was signed during the Global Space Congress in Abu Dhabi. MeznSat was developed by students from the American University of Ras Al Khaimah (AURAK) and Khalifa University. The satellite will operate using ...
Read More »Malaysia’s bubble tea chain owner seeks $72mn IPO next year
Bloomberg Loob Holding Sdn, which owns the Tealive bubble tea brand, is planning a Malaysian initial public offering that could raise as much as 300 million ringgit ($72 million), according to people with knowledge of the matter. The Kuala Lumpur-based company has hired advisers for the planned share sale, according to the people, asking not to be named as the ...
Read More »Tata Steel $13b debt in focus on Thyssenkrupp rupture
Bloomberg The collapse of Tata Steel Ltd’s planned joint venture with Thyssenkrupp AG has brought the Indian group’s more than $13 billion of debt in focus, with no immediate prospect of its European unit being hived off. The deal would have transferred some of the debt to the joint venture, allowing the Mumbai-based company to sharpen its focus on ramping ...
Read More »SoftBank market value slides $9 billion as Uber IPO flops
Bloomberg As his company booked a $3.8 billion gain from its stake in Uber Technologies Inc, Masayoshi Son told SoftBank Group Corp investors that their time had finally come. Instead, they’re still waiting. The day after Son’s earnings presentation, SoftBank slid 5.4 percent and fell again on Monday, as dropping as much as 4.9 percent. Uber’s initial public offering was ...
Read More »Nissan pushes back Renault’s renewed efforts to merge
Bloomberg Nissan Motor Co is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won’t help turn the Japanese carmaker around, a person with knowledge of the discussions said. Talks have been ongoing since Renault Chairman Jean-Dominique Senard first made an informal proposal to Nissan Chief Executive Officer Hiroto Saikawa, the ...
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