Bloomberg British Airways’ epic meltdown over a busy holiday weekend further fanned public outrage of an industry infamous for its focus on cost cuts over customer service, leaving the UK carrier scrambling to explain how a local computer outage could lead to thousands of stranded passengers. Amid United Airlines’ dragging fiasco, mass cancellations at Delta Air Lines and U.S. concerns …

DUBAI / WAM Dubai Financial Market (DFM) for the fifth consecutive year and as part of its leading investor and issuer services, has successfully accomplished its cash dividend distribution for the financial year 2016, with as much as AED12.6 billion been disseminated to 331,000 investors. The number of listed companies that have outsourc- ed the dividend distribution process to DFM …

Abu Dhabi / Emirates Business Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, announced that it has awarded five construction contracts worth over AED1 billion since the beginning of 2017. Bloom Properties selected leading construction companies to execute its projects. The developer appointed General Construction Company for the main construction works of Stella …