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Changi Airport plans quicker check-ins with new terminal 4

Bloomberg Your next business trip to Singapore could see you breezing even more quickly through checkpoints at the world’s best airport as early as next month. Changi Airport will start operating its newest Terminal 4 on October 31, featuring automated check-in kiosks with facial-recognition software and the use of tomography scanners, which allow laptops to remain in bags during security ...

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Income of Abu Dhabi-based commercial banks up 4.1%

ABU DHABI / WAM The net income of Abu Dhabi-based commercial banks amounted to AED9 billion during Q2 2017, a growth of 4.1 percent from AED8.64 billion during the corresponding period in 2016. Net interest income amounted to AED5.268 billion during Q2 of 2017, accounting for 58.5 percent of commercial banks’ net income in the Emirate, according to the Statistics ...

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Fujairah Free Zone records AED8bn foreign investments

FUJAIRAH / WAM Foreign investments in the Fujairah Free Zone amounted to more than AED8 billion, with FFZ Authority accommodating more than 3500 companies from over 44 countries. Sharief Habib Al Awadhi, Director General, FFZA, has stated, “FFZ is witnessing growing demand on the part of investors wishing to establish different types of projects, especially in the oil and logistics ...

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