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DXB witnesses 6.85mn passenger traffic in May

DUBAI / Reuters Passenger traffic at Dubai International Airport (DXB), the world’s top airport for international passenger numbers, rose by 1.9 percent to 6.85 million in May from a year earlier, operator Dubai Airports said on Monday. About 36.97 million passengers used the airport from January to May, up 6.7 per cent from 34.6 million in the same period in ...

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DAE announces resignation of Joramco CEO

Dubai / Emirates Business Dubai Aerospace Enterprise (DAE) Ltd. announced that Osama Fattaleh, Chief Executive Officer of Joramco has submitted his resignation to pursue his interests outside the industry. His permanent replacement will be announced in due course. Amjad Korshlow, Chief Financial Officer of Joramco will serve as Acting Chief Executive Officer till a permanent replacement is named. Joramco Chairman ...

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As Amazon fear widens, UK retailer shows how to fight back

Bloomberg As Amazon.com Inc moves deeper into the grocery and fashion industries, the companies in its cross hairs could look to the UK for a lesson in how to handle an incursion from the Seattle-based giant. Dixons Carphone Plc, Britain’s largest consumer-electronics retailer, has thrived in an area where Amazon’s presence is long established. Selling an array of products from ...

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