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NBAD Q1 profits reach AED2.93bn

  ABU DHABI / WAM The National Bank of Abu Dhabi and First Gulf Bank reported AED2.93 billion in net profits for the 1st quarter of 2017, a 12.4 percent growth from AED 2.60 billion over the same period last year. The positive results are attributed to a robust operational performance and increasing investments yields in addition to a successful ...

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Etihad, Diehl sign deal for first commercial 3D retrofit project

  ABU DHABI / WAM Etihad Airways Engineering signed an agreement with Diehl Aerosystems to jointly design, manufacture and install the first serial produced 3D-printed cabin plastic part on an aircraft for one of its customers. Additive manufacturing, commonly referred to as 3D-printing, reduces lead time in design, decreases production costs and enables speedier manufacturing. Etihad Airways Engineering and Diehl ...

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Emirates trims US flights after Trump administration curbs

  DUBAI / AP Emirates, the Middle East’s biggest airline, said on Wednesday it is cutting flights to the United States because of a drop in demand caused by tougher US security measures and Trump administration attempts to ban travellers from Muslim-majority nations. The decision by the Dubai government-owned carrier is the strongest sign yet that the new measures imposed ...

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