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Qantas named as least fuel-efficient airline

Bloomberg Qantas Airways Ltd. is the least fuel efficient and burns the most carbon of major airlines that fly across the Pacific Ocean, according to a report by the International Council on Clean Transportation. Qantas burns an average of one liter of aviation fuel to fly a passenger 22 kilometres, 64 percent more than the 36 kilometres achieved by the ...

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National strategy urged for public-private partnerships

DUBAI / Emirates Business The 2nd UAE Public Policy For-um has called for developing a national strategy for public-private partnerships that acts as a roadmap for collaboration between the government and the private sector at national level. The two-day forum was organised by the Mohammed Bin Rashid School of Government (MBRSG), the first research and teaching institution focusing on governance ...

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Emirates NBD records 17% rise in Q4 profit

DUBAI / Reuters Emirates NBD, Dubai’s largest lender, posted a 17 percent rise in fourth-quarter net profit on Tuesday, buoyed by loan growth, interest rate rises and higher sales. The bank, the first major lender from the United Arab Emirates to report its earnings during the quarter, made a net profit of AED2.18billion ($593.5 million) in the three months to ...

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