News

  Dubai / WAM The Booking & Dispatch Center of Road and Transport Authority’s Public Transport Agency executed 2.9 million booking requests placed by taxi customers in Dubai during the first half of year 2016. Abdullah Al Mahri, Director of Transport Activities Monitoring, RTA’s Public Transport Agency, revealed that the time of dispatching a cab to a customer has dropped ...

  Dubai / WAM Novus Aviation Capital, a leading global aircraft leasing platform based in Dubai, has announced the acquisition of three Boeing 737-900ER aircraft from PT Lion Mentari Airlines, Lion Air, which have been placed on long operating leases with the airline. The successful conclusion of the sale and leaseback transaction with the Indonesian low-cost carrier further expands Novus’ ...

  ABU DHABI / WAM Etihad Airways Medical Centre (EAMC), the UAE’s first aeromedical facility, and Fatima College of Health Sciences (FCHS) of The Institute of Applied Technology, announced a new partnership to support the training and continued development of Emirati nurses in Abu Dhabi. The partnership, which is the first of its kind in the UAE, forms an important ...

  Dubai / Emirates Business International players in the professional audio-visual (AV) and entertainment equipment sectors are looking to the Middle East as a key growth market, as they turn to the region’s dedicated industry trade show in Dubai to take their businesses to the next level. Economic development fuelled by upcoming mega events and investments into hospitality, education and ...

  Dubai / Emirates Business Dubai Trade, the premier cross-border trade facilitator, in collaboration with Ports, Customs & Free Zone Corporation (PCFC) Security has launched “Tasreeh”, an advanced automated gate pass service to help customers enter Jebel Ali Free Zone. The 24-hour online service allows hosting companies and port visitors to issue passes and to pay for and receive approvals ...

  Emirates Business HMH – Hospitality Management Holdings has achieved an increase of 12 per cent positive guest reviews year to date as compared to last year at the various hotels managed by the group. Securing an average of 75 to 95 per cent positive reviews, most hotels including The Ajman Palace Hotel, Coral Beach Resort Sharjah and Coral Dubai ...

  DUBAI / Emirates Business Schneider Electric, a global specialist in energy management and auto- mation, launched Gutor PXC, a standardized, fully industrial uninterruptible power supply (UPS) for harsh environments, in the Gulf region. Ideal for rugged and outdoor settings such as oil and gas exploration and production sites, marine and offshore environments and climates with extreme temperatures, the Gutor ...

  WAM Projected value of the national development projects for 2017-2018 amounts to KD 4.7 billion, KD 1.5 billion of which covered by the State budget, said Dr. Khaled Al-Mahdi, General Secretary of the Supreme Planning and Development Council. Private sector’s contributions to funding the ventures, this year, are estimated at 16.9 percent, in addition to 33.8 percent by the ...

  TRIPOLI / Reuters Libya’s state oil company said it welcomed the “unconditional” reopening of blockaded oil ports following a deal between the U.N.-backed government and an armed force which controls key facilities, saying it would begin work to restart exports from the terminals. The agreement, signed on Thursday, could be a major step in reviving Libya’s crippled oil output. ...

  Bloomberg Qatar Airways Ltd. raised its stake in British Airways owner IAG SA to 20 percent, taking advantage of a drop in the company’s stock price since the Brexit vote last month. Qatar Airways, which increased the holding from 15.7 percent as of July 28, doesn’t plan to add to the stake, the company said Monday in a statement. ...