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DUBAI / WAM Dubai International (DXB), welcomed 22.2 million passengers in the first quarter of 2019, down 2.2 percent from the same period last year due largely to reduced flights and a shift in the timing of the Easter holiday. The first quarter of 2019 saw a total of 22,230,810 customers served. The average monthly passenger traffic volume of 7.41 ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has said that the continuous development of the Armed Forces, in terms of armaments and training, remains a priority. The leadership firmly believes that UAE’s development must be safeguarded, and that a country capable ...

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, is set to lead a delegation of a number of tourism stakeholders to ITB China, a new trade show taking place in Shanghai next month. The delegation, which will include representatives from tour operators, hotels, heritage and cultural attractions, and destination management companies, will ...

Abu Dhabi / WAM Commanders and units of the UAE Armed Forces have celebrated the 43rd Unification Day Anniversary, recalling the memories of the founding fathers, notably the late Sheikh Zayed bin Sultan Al Nahyan, who managed through their diligence and will to build the Union and to unify the Armed Forces under one command, one banner, and who had ...

Bloomberg Sun Pharmaceutical Industries Ltd is scouting for a partner in China to help it win a larger piece of the world’s second-largest drug market, where the government is on a mission to drive down healthcare costs. With recovery underway in its US business, Sun Pharma’s billionaire founder Dilip Shanghvi is honing in on China and believes market watchers are ...

Bloomberg Bharti Airtel Ltd, India’s second-biggest wireless carrier, is preparing to kick off the initial public offering of its Africa unit in a deal that could raise about $1 billion, people familiar with the matter said. Airtel Africa is planning to make a formal announcement about the London listing this month and aims to start trading in June, the people ...

Bloomberg Germany is considering whe-ther to impose a tax on carbon pollution or push to expand the existing European market in an effort to speed up the pace of reducing greenhouse gases. Chancellor Angela Merkel is calling for putting a price on the emissions from industries such as transport and buildings that are outside the European Union’s carbon trading program. ...

Bloomberg The cost of California’s controversial high-speed rail project grew to $79 billion, a development likely to embolden opponents such as President Donald Trump, whose administration is already seeking to cancel and claw back federal grants. The segment already under construction in the state’s agricultural region known as the Central Valley is now expected to cost $12.4 billion, up from ...

Bloomberg A Blackstone Group LP unit that buys stakes in alternative asset managers is considering a minority investment in BC Partners, according to people familiar with the matter. Discussions between Blac-kstone Strategic Capital Hol-dings and BC are at an early stage and no deal has been reached, said the people, who asked not to be identified because the information is ...

Bloomberg Israel and Gaza-based fighters are digging in for extended fighting after a barrage of hundreds of rockets and retaliatory airstrikes boiled over into a second day, threatening to undo months of Egyptian-brokered efforts to reach a long-term truce. Israeli PM Benjamin Netanyahu said he instructed the army to continue its “massive attacks” in Gaza and bolstered forces near the ...