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Airlines cancel NZ flights, ration fuel after pipeline leak

Bloomberg Airlines are cancelling flights in New Zealand and adding stops for long-haul services after a pipeline bringing jet fuel to Auckland airport was closed due to a leak. Air New Zealand estimated 2,000 customers a day will be affected by the disruption over the next few days as it has just 30 percent of normal fuel volumes available to ...

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Ryanair in damage-control mode after ‘cancellation’

Bloomberg Ryanair Holdings Plc risks reviving its image for predatory customer service with a move to scrap hundreds of flights through the end of October because of poor planning. The shares fell nearly 5 percent. Europe’s biggest discount airline, which had previously treated its customers like a captive audience for hard-selling an array of products and services on board, has ...

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Burberry brings back ‘check’ as new CEO seeks growth

Bloomberg Burberry Group Plc is betting on growth in handbags and playing up its trademark check as new Chief Executive Officer Marco Gobbetti seeks to join the luxury industry’s turnaround. At its first major runway show since Gobbetti took over in July, the trenchcoat maker showed off reversible tote bags decked out in its tartan plaid, including a £1,490 ($2,025) ...

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Qatar to buy Typhoon jets

Bloomberg Qatar is set to buy 24 Eurofighter Typhoon jets after Defense Minister Khalid bin Mohamed Al-Attiyah signed a statement of intent with UK counterpart Michael Fallon, providing the Persian Gulf state with outside military support after it became a regional outcast. The deal, reached on Sunday in the Qatari capital of Doha, marks the first major defense contract between ...

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Growth in UAE trade to benefit logistics sector: Bin Sulayem

Dubai / WAM Recent forecasts for growth in UAE trade are set to benefit the country’s logistics sector according to DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem. A BMI report published recently forecasts a steady rise in trade of 4.35 percent year on year in 2017, driven by a 5 percent growth in imports and exports of ...

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Al Hilal Bank, AUH ink partnership deal

Abu Dhabi / Emirates Business Abu Dhabi Airports’ VIP Terminal, operated by National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets, signed a partnership agreement with Al Hilal Bank in Abu Dhabi, a progressive Islamic bank, to provide exclusive VIP Terminal access at Abu Dhabi International Airport to top-ranking customers. Abdul Majeed Al Khoori, Acting ...

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World’s best youth centre opens in Dubai

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday inaugurated a youth centre in Dubai deemed as the best in the world, with ...

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Excise tax to be paid in e-Dirham only

Abu Dhabi / WAM The UAE Excise Tax, due to go into force effective 1st October, shall be collected in e-Dirham only, the Federal Tax Authority has announced. The move goes in line with the UAE government’s strategy to keep pace with the latest technological developments in areas of FinTech and revenue collection and ensure transparency, efficiency and safety in ...

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Private sector to get paid holiday on Islamic new year

Abu Dhabi / WAM The date for the Islamic New Year holiday, 1439 Hijri, for Federal Ministries in the UAE will be on the first day of Muharram, the first month of the Islamic calendar. It was announced that this will be a paid holiday for all private sector employees in the country. The paid holiday was announced in two ...

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50 Tesla electric vehicles deployed to fleet of Dubai Taxi Corporation

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Emirates Group, and Chairman of Dubai Supreme Council of Energy, has launched the operation of 50 Tesla electric vehicles to the limo fleet of the Dubai Taxi Corporation. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of ...

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