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Kenya Airways sees revenue decline

Bloomberg Kenya Airways Ltd. expects second-half revenue to decline after violence during the country’s protracted presidential elections scared off passengers, Chief Executive Officer Sebastian Mikosz said. Travellers cancelled bookings as a rerun of the vote and court disputes over the outcomes stretched over three months, Mikosz said in an interview in the Mauritian capital, Port Louis. The impasse triggered violence ...

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Dr Brian Etemad selected ‘Real Estate Genius of the Year 2017’

Emirates Business Dr Brian Etemad, CEO of Tamleek Real Estate, has been selected as the ‘Real Estate Genius of the Year 2017’ by UAE’s real estate publication Property Time. The selection is in recognition of his achievements of brining real estate investment from across the globe to Dubai. In a short span of time since its inception, Tamleek, spearheaded by ...

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UAE, Saudi plan to launch joint digital currency

ABU DHABI / Reuters The United Arab Emirates is working with Saudi Arabia’s central bank to issue a digital currency that would be accepted in cross-border transactions between the two countries, UAE central bank governor Mubarak Rashed Al Mansouri said on Wednesday. The digital currency would be based on blockchain, the shared ledger of transactions that is maintained by a ...

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