Dubai / Emirates Business Mashreq Bank, the UAE’s leading financial institution, has established a $1 billion multi-currency Certificate of Deposit Programme (CD programme) in Hong Kong. The CD programme, which aims to provide access to new liquidity pools in Asia-Pacific, is offered in multiple currencies. The launch of the programme highlights Mashreq’s growth in Asian markets given the positive momentum ...

Dubai / Emirates Business Emirates SkyCargo, the world’s largest international cargo airline, has launched Emirates AOG – a new airfreight product designed for transporting aircraft parts quickly across the globe. Every day, spare parts are airfreighted at short notice to help repair aircraft that have been stranded due to technical reasons and lack of availability of the right spare part. ...

Dubai / Emirates Business Global air services provider dnata on Wednesday announced it has signed an agreement to acquire Qantas’ catering businesses. The agreement is subject to approval from the Australian Competition and Consumer Commission (ACCC). Qantas’ catering businesses include wholly-owned subsidiaries Q Catering Limited and Snap Fresh Pty Limited. Q Catering has centres in four Australian ports – Sydney, ...