ABU DHABI / WAM Hotel guests to all three regions of Abu Dhabi increased in total by 5 percent in September, compared to the same month last year, with 415,985 domestic and international visitors checking in to one of the emirate’s 163 hotels or hotel apartments. Figures released by the Department of Culture and Tourism – Abu Dhabi recorded increases …
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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received the President of the Republic of Lithuania, Dalia Grybauskaite on Wednesday. During the meeting, His Highness Sheikh Mohammed bin Rashid and President Grybauskaite discussed bilateral cooperation and consolidating ties for the benefit of the two countries’ peoples …
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DUBAI / Emirates Business dnata Travel was presented with the prestigious ‘UAE’s Leading Travel Agency’ accolade for the fourth consecutive year at the World Travel Awards Middle East Gala Ceremony 2017, which took place in Dubai. In addition to that, dnata Travel also picked up ‘Abu Dhabi’s Leading Travel Agency’ and ‘The Middle East’s Leading Business Travel Agency’. The World …
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DUBAI / Emirates Business Emirates unveiled the first aircraft in its fleet with a new livery dedicated to Expo 2020 Dubai. The decal was installed on A6-EPK, an Emirates Boeing 777-300ER aircraft, at the Emirates Engineering hangar. The unique and striking livery is based on the Expo 2020 logo inspired by an ancient gold ring excavated in Dubai and it …
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DUBAI / Emirates Business In what is certain to be big news for sandwich fans, Subway is celebrating World Sandwich Day with a huge free giveaway across the UAE. On November 3, Subway restaurants in the UAE will offer its customers a free sandwich. Redemption is easy, all you have to do is walk into any Subway UAE restaurant that …
Read More »ABU DHABI / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced on Wednesday its financial results for the first nine months of 2017. The company reported a net profit of AED 178.5 million for the period, an increase of 24% over the same period last year. Commenting …
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Bloomberg Oil supermajors are getting back to their normal way of life after surviving a price slump that shook the foundations of their business. BP Plc gave the boldest signal yet that the worst of the downturn was over, announcing that it would buy back shares for the first time in three years. After posting third-quarter earnings that comfortably beat …
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Bloomberg A ban on dirty fuels in areas surrounding one of the world’s most polluted cities is set to spur sales at India’s natural-gas retailers. India’s top court last week banned the use of petroleum coke and furnace oil in areas around the Indian capital, which is battling alarming levels of air pollution that’s risking human health. The ban, which …
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TOKYO / Reuters Japan’s Osaka Gas plans to raise its resales of liquefied natural gas (LNG) to third parties to 3 million tonnes a year by 2020, a top executive said on Wednesday, a move that would create more liquidity to Asia’s emerging natural gas markets. Most Asian LNG is supplied under fixed term contracts that include destination clauses that …
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Bloomberg Saudi Arabia, OPEC’s biggest oil producer, is also a leader when it comes to slashing the crude price the country needs to balance its budget. The kingdom will need oil to trade at $70 a barrel next year to break even, the Washington-based International Monetary Fund said in its Regional Economic Outlook for the Middle East and Central Asia. …
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