News

Bloomberg American Airlines Group Inc.’s pilots union, an early backer of the carrier’s merger with US Airways, blasted the return of “toxic” labour relations, a substandard product and violations of their contract. American executives can no longer rely on the excuse that they need more time to bring everything into order since the two companies merged in December 2013, the ...

London / AFP British energy provider Npower, a subsidiary of German giant RWE, will announce this week that it is cutting nearly 2,500 jobs, according to the latest media reports. This means losing more than a fifth of the 11,500 jobs which Npower’s operations support in Britain, according to Sky News. The announcement is expected on Tuesday, when RWE releases ...

Bloomberg Airline miles junkies typically have one goal for their large mileage balances: Enjoying a first class service while jetting across an ocean for free. Only rookies burn miles on such things as rental cars, theater tickets, and magazine subscriptions. Delta Air Lines, the world’s second-largest carrier, wants to end that mindset and get people treating their miles as a ...

ABU DHABI / WAM The UAE on Sunday signed six deals worth more than AED767 million with various international and local companies to help strengthen the country’s unmanned and aerospace defence sector. The announcement was made at a press conference by Brigadier General Rashid Mohammed Al Shamsi, Chairman of Higher Organising Committee of the second Unmanned System Exhibition (UMEX 2016) ...

Dubai / WAM Sultan bin Saeed Al Mansouri, UAE Minister of Economy, has hailed the UAE, as a safe and sought-after investment magnet, due to its security and safety elements and political stability, in the midst of the region’s political and economic tensions. He further said that the UAE’s advanced infrastructure and strong legislative system has boosted its position as ...

DUBAI / WAM Empower, the world’s largest district cooling services provider, has been awarded the Dubai Chamber CSR Label honoring its sustainable and responsible corporate operations and its role in serving society. The company was awarded the label at an event held at Dubai Chamber’s headquarters. “This achievement reflects the excellence of social practices at Empower and our focus on ...

ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, has announced an enhanced agreement with Citi as its international cash management bank partner. The new mandate, covering Etihad Airways’ worldwide operations outside the GCC, will enable the airline to leverage Citi’s substantial investment in financial technology to further develop its cash management operations and help ...

DUBAI / WAM The World Organisation of Racing Drones (W.O.R.D) has announced the World Drone Prix Dubai 2016 will be held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, on March 11-12 at Skydive Dubai. Sheikh Hamdan released a video on Instagram featuring a McLaren supercar competing against a racing drone ...

Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI) has announced on Sunday its collaboration with American computer giant, International Business Machines Corporation (IBM), to launch the ‘Dubai Digital Entrepreneurship Hub’, an online community that will support Dubai’s technology and startup ecosystem. The Dubai Digital Entrepreneurship Hub will connect startups, entrepreneurs, developers, venture capitalists and students so that ...

ABU DHABI / Emirates Business A Saudi-UAE alliance involving a group of companies has submitted a request to the Economic Commission of the Suez Canal to obtain 5 million square feet to establish a US$3bn industrial city, according to Saudi Arabian newspaper, the Arab News. The alliance’s representative, Ahmed Sabri, said the industrial city would have factories to manufacture various ...