Blog Layout

Airline meals stockpiled over Brexit border fears

Bloomberg A hard Brexit could bring queues at airports and put a brake on new routes, but airline passengers should at least be able to chow down on an in-flight meal. With concerns growing that a no-deal split will snarl traffic at UK ports, stalling the flow of goods, the world’s biggest caterer to the aviation industry has begun to ...

Read More »

Heathrow remains Europe’s busiest airport, says report

Bloomberg London Heathrow airport held onto its status as Europe’s busiest hub last year with a pack of four challengers almost neck-and-neck in the competition for second place, data compiled by Bloomberg show. Moscow Sheremetyevo joined the regional top 10 at the expense of Rome’s Fiumicino terminal, spurred by a surge in soccer fans attending the World Cup finals, and ...

Read More »

Debenhams holds talks with landlords to cut store rents

Bloomberg Debenhams Plc is in talks with landlords to negotiate rent cuts as the UK department-store chain seeks to ease the burden of its store portfolio, FT reported, citing unidentified people familiar with the matter. British Land Co and Intu Properties Plc have the largest exposure to the retailer, the newspaper reported, citing data from Colliers International. FT said Debenhams ...

Read More »

Airport wait times turn longer over ‘shutdown’

Bloomberg Travellers may see longer wait times at US security checkpoints — particularly at New York area airports and major hubs like Chicago — due to fewer TSA agents reporting for work as the government shutdown stretches into its 30th day. Unscheduled absences for TSA employees climbed to 8 percent on Saturday versus 3 percent a year ago, with some ...

Read More »

The nicest Sears you’ve ever seen isn’t owned by Sears

Bloomberg You walk into a shiny, new two-floor Sears store in a buzzing, bright shopping center in one of the world’s busiest cities, passing designer garb encased in pink LED lighting while the scent of Bulgari and Cartier perfume wafts past. Shoppers browse for XOXO handbags and Levi’s 501 jeans under large chandeliers and golden baroque flourishes. Sears stores here ...

Read More »

Abu Dhabi energy forum facilitates $10.5bn deals

ABU DHABI / WAM The World Future Energy Summit (WFES) 2019, a key enabler of Abu Dhabi Sustainability Week, has facilitated deals valued at $10.5 billion to be implemented across 20 countries during its four-day run at the Abu Dhabi National Exhibition Centre. The event saw a consortium led by Masdar and France’s EDF win a tender to build a ...

Read More »

Customs’ role in UAE economy highlighted

DUBAI / WAM The UAE 2nd Customs Week began on Sunday under the theme ‘smart borders’, to help educate all segments of society and encourage them support customs activities and role in society and the national economy. Ahmed Mahboob Musabih, Director of Dubai Customs, said, “It’s very important to help everyone learn about essential role customs departments in UAE play ...

Read More »

Etisalat Digital signs pact on ‘messaging app’

Dubai / WAM Etisalat Digital has entered into a strategic partnership with the Federal Electricity and Water Authority (Fewa), to provide them with ‘Etisalat Direct’. This bespoke solution is hosted and powered by Etisalat’s UAE based OneCloud and is a fully managed application that enables FEWA to connect with their customers more effectively. Etisalat Direct allows application to send messages ...

Read More »

Dubai Investments Park’s sub-leases reach 5mn-sqft milestone in 2018

Dubai / WAM Dubai Investments Park (DIP), the wholly owned subsidiary of Dubai Investments, announced that total built-up warehouse, office and commercial unit space sub-leased at Dubai Investments Park, passed the 5 million sqft mark in 2018. Among the tenants are Kingspan Insulation, the sustainable building solutions provider behind major Middle East projects, including the Louvre Abu Dhabi, Atlantis The ...

Read More »

Malabar Gold opens two new showrooms

DUBAI / Emirates Business Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of 250 outlets spread across ten countries launched two new stores in UAE. Bollywood actor Anil Kapoor inaugurated the new showroom in Grand Mall, Sharjah and Grand Hypermarket, Jebel Ali, Dubai in presence of Shamlal Ahamed, Managing Director – International ...

Read More »
Send this to a friend