Emirates Business Cathay Pacific on Tuesday announced that it will be making around 600 people redundant in its head office. This is part of a transformation programme to make Cathay Pacific and Cathay Dragon more effective by improving the speed and quality of decision-making and putting a greater focus on its customers. The changes will affect senior, middle management and …

ABU DHABI / AGENCIES Abu Dhabi-listed Aldar Properties won a contract on Monday to build a new site for the twofour54 free trade zone that hosts media firms. Aldar, the state-linked construction firm that built Abu Dhabi’s Formula One circuit, was awarded the build-operate-transfer contract for the new site by the government-owned Media Zone Authority- Abu Dhabi, twofour54 said in …

LONDON / WAM The UAE-UK Business Council held its eleventh plenary meeting at the PwC Head Office in London. Against the backdrop of the current General Election in the United Kingdom, The Business Council continued to review both the challenges and opportunities presented by the UK’s withdrawal from the European Union. The Business Council was keen to ensure that if …