April, 2016

• 13 April

  Irish Ryanair extends charm offensive with loyalty rewards

  

    DUBLIN/ Reuters Ryanair is all set to launch its first loyalty scheme in decades, introduce customer satisfaction surveys and allow “one-tap” upgrades using mobile phones as it extends its efforts to rid itself of a reputation for poor service. The Irish low-cost airline, Europe’s largest by passenger numbers, has seen profits and passenger numbers soar since Chief Executive Michael ...

  Read More »
• 13 April

  Latvia’s airBaltic ups Bombardier order to $1.5 billion

    Riga / AFP Latvia’s airBaltic, which will be the first airline to operate Bombardier’s CS300 plane commercially, said it had increased its order with the Canadian manufacturer from 13 to 20 aircraft. “This brings the total order for 20 planes to a book price of around $1.5 billion” (1.3 billion euros), airBaltic spokesman Janis Vanags said. The Latvian flag ...

  Read More »
• 13 April

  Bezos uses Amazon as guide to bring rocket rides to masses

  

    Bloomberg Commercial space exploration can advance at the fast pace of internet commerce only if the cost is reduced through advances in reusable rockets, Amazon.com Inc. Chief Executive Officer Jeff Bezos said. The e-commerce pioneer drew comparisons between the growth of his online retail business over the past 20 years and his investments in space exploration with his company ...

  Read More »
• 12 April

  Masdar City expansion plans get green light

  

    Abu Dhabi / WAM Masdar, Abu Dhabi’s renewable energy and sustainable development company, and the Abu Dhabi Urban Planning Council (UPC) on Tuesday announced the UPC’s approval of the Detailed Master Plans for Phases 2 and 5 of Masdar City, one of the world’s most sustainable urban developments. Masdar City is targeting a 4 Pearl Estidama Community Rating, the ...

  Read More »
• 12 April

  FNC asks TRA to devise Emiratisation plan

    ABU DHABI / WAM The Federal National Council (FNC) on Tuesday called for devising a strategic plan to Emiratise the telecommunications sector during a session for debating the policy of the Telecommunications Regulatory Authority (TRA). The house recommended that the plan should include programmes and initiatives on the best methods to nationalise the vital sector and should consider the ...

  Read More »
• 12 April

  DEWA signs MoU with SAP

  

    DUBAI / WAM Dubai Electricity and Water Authority(DEWA) signed a Memorandum of Understanding (MoU) with SAP, the German multinational software corporation that makes enterprise software, at the Dubai International Government Achievements Exhibition (DIGAE) 2016, held from April 11-13 at the Dubai International Convention and Exhibition Centre under the patronage of Vice President and Prime Minister and Ruler of Dubai ...

  Read More »
• 12 April

  Abu Dhabi’s FDI Transparency Index scores 71.5 points

  

    ABU DHABI / WAM The Foreign Direct Investment Transparency Index in the Emirate of Abu Dhabi scored 71.5 points in 2015 on the 100-point index scale, which largely reflects a higher level of transparency in direct foreign investment policies and investors’ awareness of the transparency of the policies adopted by the UAE Federal Government and the sound policies of ...

  Read More »
• 12 April

  Salaries in real estate sector likely to stay stable in 2016

    Ritika Sharma / Emirates Business Despite the volatility in the market, real estate industry salaries are expected to remain stable in the coming months of 2016. A GCC-centric survey has revealed this. The average monthly salaries for the Middle East real estate sector in the region are projected to hover around an average of AED44,392, with annual bonuses averaging ...

  Read More »
• 12 April

  UAE, UK sign tax pact

  DUBAI / WAM The UAE, represented by the Ministry of Finance (MoF), signed on Tuesday an agreement on the avoidance of double taxation with the United Kingdom, in the Ministry’s premises in Dubai. The pact aims to enhance the economic and trade relations between the two countries, and protect companies and individuals from direct or indirect double taxation.

  Read More »
• 12 April

  Bloomscape wins contract

  ABU DHABI / WAM Bloomscape, a Bloom Holding subsidiary specialised in landscape design and contracting, has won a landscaping contract worth AED 6.5 million from Nibras Al Ain Aerospace Park (Nibras) by Mubadala Aerospace. The contract with Bloomscape was signed with the Main Contractor of the project, Tristar Engineering & Construction The scope of work includes landscaping, irrigation, hardscape lighting and ...

  Read More »