News

Passenger traffic at AUH up 6.6%

  Abu Dhabi / Emirates Business Abu Dhabi Airports released figures for passenger traffic at Abu Dhabi International Airport (AUH), for the first half of 2016. Total traffic for January to June reached 11,848,359 passengers, representing a 6.6% increase from the 11,111,577 in the first six months of 2015. The number of people passing through Terminal 1 saw the largest ...

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ADCB wins three accolades for Retail and Commercial Banking

  Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB) received three prestigious awards from Asian Banking and Finance, a highly respected financial publication based in Singapore. ADCB Commercial Banking has been awarded the “SME Bank of The Year” and “UAE Domestic Technology & Operations Bank of the Year” awards for the distinctive proposition it offers commercial clients in the form ...

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Etihad’s luxurious dreamliner commences services to Shanghai

Abu Dhabi / Emirates Business A state-of-the-art Etihad Airways Boeing 787-9 Dreamliner touched down in Shanghai today from Abu Dhabi on its first flight into China. The new Dreamliner features the airline’s next-generation business and economy class cabins, and will operate with 299 seats, 28 in Business class and 271 in economy, representing a 14 per cent capacity increase on ...

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Dubai’s apparel & footwear sector marks upward trend

  Dubai / Emirates Business Apparel and footwear retailers in Dubai are experiencing a boom in business this summer, as residents and visitors make a beeline for outlets of home-grown, regional and international brands to snap up diverse deals that are being offered during Dubai Summer Surprises (DSS). With Dubai being only second to London as the city with the ...

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Bayt.com conducts CV evaluation clinic

  Dubai / Emirates Business Bayt.com, the Middle East’s top job site, has recently held a one-day CV evaluation clinic to offer jobseekers in Dubai free consultations on how to write the perfect CV. Professionals who are actively seeking employment in Dubai and the UAE received essential tips on creating a CV that truly stands out—one that is both interesting ...

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ADFG wins award for strides in real estate

  Abu Dhabi / Emirates Business Abu Dhabi Financial Group (ADFG) has been recognised at the prestigious Global Investor/ISF Awards 2016, held in London, UK, winning the accolade for ‘Emerging Markets Real Estate Manager of the Year’. With a portfolio of more than $4bn in real estate projects, comprising over seven million square feet, ADFG currently manages prominent developments across ...

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Farnek expands with new acquisitions

  Emirates Business Leading UAE based total facilities management company, Farnek, announced that it has acquired multi award-winning specialist hygiene cleaning company Smashing! Cleaning Services. Smashing! which was formed in 2004, is one of the UAE’s leading hygiene cleaning services providers, with an annual turnover in excess of AED 10 million. Its 65 highly skilled technicians manage 2,500 customers, many ...

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Mideast region climbs up the ‘hygiene’ ladder

  ABU DHABI / Emirates Business The demand for tissue products, especially in the away-from-home (AfH) sector, in the Near and Middle East remains robust, a recent study reveals. According to the ‘Outlook for World Tissue Business Forecast’ by RISI, the region will witness a surge in the sector at an average annual rate of 6.5 per cent from 2013 ...

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BCG’s new biz analyst programme to churn our young Saudi talents

  Emirates Business In line with its steadfast commitment to supporting the realization of the Saudi Vision 2030 — and its related strategic goals — The Boston Consulting Group (BCG) has inaugurated a year-long Business Analyst Program in the Kingdom. The initiative is especially designed to help nurture young Saudi talents and equip the nation’s youth with the tools, knowledge, ...

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Japan OKs huge stimulus to boost nation’s economy

  AFP Japan’s cabinet on Tuesday approved a mammoth 28-trillion yen ($273 billion) package in its latest attempt to stimulate lacklustre growth, including cash to improve infrastructure and raise the birthrate in the ageing nation. The stimulus plan announced last week is the latest in a series in recent years designed to fire up the world’s number three economy. “We ...

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