Bloomberg The UK’s antitrust regulator will reassess an alliance that lets British Airways and American Airlines operate as a single business on North Atlantic routes, in a sign of the greater workload the British watchdog can expect ahead of a planned Brexit next year. The Competition and Markets Authority said it has begun an investigation into the 2008 agreement that ...
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dnata named ground support services provider of the year
Dubai / Emirates Business For the 9th time, dnata has been named Ground Support Services Provider of the Year at the Aviation Business Awards. The award was accepted by Jaffar Dawood, Senior Vice President of dnata’s UAE airport operations, at a gala dinner in Dubai. “We are honoured to receive this prestigious award as a testament of our uncompromising focus ...
Read More »FamilyMart inks $1.9bn Don Quijote deal in growth race
Bloomberg FamilyMart UNY Holdings Co., Japan’s second-largest convenience-store operator, will acquire a stake in discounter Don Quijote Holdings Co. in a deal valued at 212 billion yen ($1.9 billion), the company announced. Don Quijote will become the fourth-largest retailer in Japan by sales after it buys a remaining 60 percent stake in FamilyMart unit Uny that it doesn’t already own ...
Read More »Abu Dhabi set to host Agriscape on October 29
Abu Dhabi / WAM Abu Dhabi will host the second edition of Agriscape, an international exhibition dedicated to agricultural investments abroad, at the Rosewood Hotel on October 29-30. The eminent gathering, which has already established a distinguished international reputation within agricultural investment, will feature lead-ing agricultural exhibitors and hundreds of buyers from aro-und the world. Organised by the Abu Dhabi ...
Read More »UAE mother, child and youth friendly strategy in the offing
ABU DHABI / WAM The Supreme Council for Motherhood & Childhood is preparing a national strategy titled ‘UAE mother, child and youth friendly’ in cooperation with its strategic partners. HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood & Childhood and Supreme President of the Family Development Foundation, instructed the Council ...
Read More »ADX introduces new digital platform ‘Sahmi’
ABU DHABI / WAM In line with its efforts to revolutionise its services and enhance investor experience, Abu Dhabi Securities Exchange (ADX), region’s leading financial market, launched its new integrated digital platform, “Sahmi†which provides digital services for individual investors. The platform was launc-hed during GITEX Technology Week 2018, in which ADX has a presence at Abu Dhabi government pavilion. ...
Read More »Dewa enhances technology ties with Huawei
SHANGHAI / WAM A delegation led by Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Wat-er Authority (Dewa), visited Huawei, a leading global Information and Communications Technology (ICT) company, in Shanghai, China. The visit aimed to enhance mutual relationships and share best practices and experiences in the fields of innovation, disruptive technologies, smart networks, digital transformation, automation, ...
Read More »Dubai nets AED162bn realty transactions in nine months
Dubai / Emirates Business In the latest report issued by Dubai Land Department (DLD), Dubai’s real estate market witnessed a continuous growth driven by optimism among investors and developers, where the market recorded 39,802 real estate transactions worth AED 162 billion from the beginning of the year till the end of September. Commenting on these promising figures, HE Sultan Butti ...
Read More »Thousands of school bags distributed in Yemen
HODEIDAH / WAM Emirates Red Crescent (ERC), teams have distributed school bags and stationery items to over 6,000 students in the schools of Red Sea Coast of Yemen, as part of the UAE’s support for the education system. Marking the start of a new school year in Yemen, the ERC teams started distribution of bags and stationery items at Al ...
Read More »UAE takes part with largest pavilion at ‘China SME fair’
Dubai / WAM Some 85 small and medium national companies from various business and service sectors in the UAE have participated in the 15th China International Small & Medium Enterprises Fair (CISMEF), which was hosted by Guangzhou, a city in China’s Guangdong Province. The UAE took part as the first Arabian partner of CISMEF with the largest pavilion covering an ...
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