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This summer, ‘drive’ the heat away

  Sunaina Rana / Emirates Business As the mercury soars up, and the sun is all out in its glory, everyone is mapping out ways to beat the heat. According to Abu Dhabi Travel Pattern, 2009, the average time that a person spends travelling in his vehicle is approximately 50 minutes per day. Considering the same, Arabian Automobile Company has ...

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Etihad aviation group boosts financing platform strategy to US$1.2 billion

  ABU DHABI / Emirates Business Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles and Alitalia have successfully raised a further US$500 million in a second platform financing transaction, following the success of last year’s award-winning bond which raised US$700 million. A roadshow was announced on Monday May 16 to a positive response from the international financial community, followed ...

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UAE taps green tourism for wider avenues

  RITIKA SHARMA / Emirates Business Going beyond its regular ‘sun-sand-shopping’ image, UAE is making considerable strides towards eco-tourism and making it a vital part of the buoyant UAE hospitability sector along with the financial diversification. According to World Travel and Tourism Council forecasts, the UAE’s tourism sector is expected to experience annual real growth of about 6.5 percent till 2021, ...

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