SHARJAH / WAM Air Arabia announced that it will launch a new route in Azerbaijan, flying to the city of Qabala from June 27. Air Arabia currently serve Baku, the capital of Azerbaijan with daily flights. The flight will operate three times a week on Mondays, Wednesdays and Fridays, departing Sharjah International Airport. Adel Al Ali, Group Chief Executive Officer ...

Dubai / Emirates Business Emirates is making it even more attractive for travellers to enjoy new destinations and experiences in this year. For a limited time, travellers can avail special offers on Economy and Business class fares to a wide range of cities across the globe. Bookings have to be made between January 8-22, for travel between January 12 to ...

Abu Dhabi / Emirates Business Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, has completed the verification of all fuel meters used at ADNOC Distribution service stations across the emirate of Abu Dhabi. The Council confirmed that 99 percent of the fuel meters used at 178 service stations ...

Dubai / Emirates Business The annual YouGov survey conducted by IP Global, the leading full-service property investment company, has confirmed that property remains the preferred investment asset by UAE residents, with 40% of residents planning to invest in property in the UAE and 18% planning to do so overseas in the next year. In a bi-annual study taken by 1000 ...

Bloomberg A $45,000 electric SUV using facial recognition to unlock doors, Amazon’s Alexa to entertain and a 49-inch screen across the dashboard may be a harbinger of driving’s future. It also shows what China’s doing to grab that business now as the government pushes gas guzzlers off its roads. Byton, a Nanjing-based company started by former BMW AG executives, became ...

Bloomberg Insurance may lack the buzz and cachet enjoyed by tech companies, yet the stock of one Chinese company in the industry has kept pace handsomely with some of the highest-flying champions of the digital revolution. Ping An Insurance (Group) Co.’s success shows how the lines between “new” and “old” economy businesses are breaking down, forcing investors and strategists to ...

Bloomberg Life Healthcare Group Holdings Ltd., the second-largest private hospital owner in South Africa, is considering a sale of its stake in India’s Max Healthcare Ltd., people with knowledge of the matter said. The Johannesburg-based company is working with Barclays Plc to explore potential interest in its holding in Max Healthcare, which is one of India’s largest private hospital chains, ...

Bloomberg A clear winner is emerging among Chinese equities this year, whether in Hong Kong or Shanghai: real estate. Property firms account for eight of the 10 best performers on MSCI Inc.’s gauge of offshore Chinese shares in January, while developers have rallied the most among industry groups on the Shanghai benchmark. Shimao Property Holdings Ltd. has led the charge ...

Bloomberg US stocks were mixed, with the S&P 500 Index on track for its first decline of the year, as investors assessed the prospects for corporate earnings, while the dollar strengthened after three straight weekly declines. The benchmark for American equities took a breather after its best week in 13 months, while the Nasdaq indexes pushed higher as semiconductors advanced ...

Bloomberg Hong Kong Exchanges & Clearing Ltd. is considering rule changes aimed at increasing trading, according to Chief Executive Officer Charles Li. Rebates to market makers, simplified rules for using collateral across multiple positions, and the removal or reduction of stamp duty charges are among measures being considered, Li said. Some of the changes will require approval from the securities ...