December, 2017

• 4 December

  Asiana faces tough competition from rival low-cost carriers

  

  Bloomberg Asiana Airlines Inc., South Korea’s No 2 carrier, is increasingly dogged by rising borrowing costs just as stiff competition from low-cost rivals looms over a potential rebound in its China business. The Bank of Korea’s first interest-rate increase since 2011 may add to the Seoul-based carrier’s woes by pushing up funding costs, according to Shinhan Investment Corp. The premium ...

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• 4 December

  Express Scripts open to tie up with Amazon

  

  Bloomberg Express Scripts Holding Co.’s chief executive said he’s open to a deal with a health insurer or partnering with Amazon.com Inc. CEO Tim Wentworth’s pharmacy benefits company has been battered by departing clients and the vague specter of Amazon’s entry into the drug business. If a major insurer was interested in a deal, “I would be open to it,” ...

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• 4 December

  Bankrupt Alitalia all set to launch new uniform

  

  Bloomberg Alitalia SpA, the bankrupt Italian airline searching for a rescuer, will get new uniforms designed by one of Italy’s most prominent stylists, the second re-branding in two years. The airline, which is on state support, said that Alberta Ferretti will renew the company’s look “to ensure that all personnel, both ground and flight staff, is comfortable in each working ...

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• 4 December

  Tiffany & Co. declines as sales in Europe, North America disappoint

  

  Bloomberg Tiffany & Co. fell the most in more than two months after stagnant sales worldwide showed the jeweller’s efforts with new designs and store renovations has yet to resonate with more customers. Same-store sales—a key retail metric—were flat globally and in North America last quarter, while they tumbled 8 percent in Europe, the company said. The results sent the ...

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• 4 December

  ‘Waterlemon’ adds healthy concept to Abu Dhabi’s gastronomical landscape

  

  Abu Dhabi / Emirates Business In an age when dining experiences across the globe are exploring new realms of freshness and health, food enthusiasts in Abu Dhabi will get to savour a never-before fine line up of fine delicacies prepared to perfection by master chefs. The new menu at Waterlemon Restaurant & Cafe in Abu Dhabi promises diners a gourmet ...

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• 3 December

  The Spirit of the Union brings the people together for good and love

  

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has attended the March of Union on Sunday as part of the Sheikh Zayed Heritage Festival 2017 in Al Wathba, Abu Dhabi, on the occasion of the 46th National Day. The march organised by ...

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• 3 December

  DLD converts over 5mn files to smart format

  

  Dubai / Emirates Business Dubai Land Department (DLD) has announced that in line with a regulatory decision issued by His Excellency Sultan Butti bin Mejren, Director General of DLD, it has closed its Records Department to make the transition to a fully smart archiving system. To achieve the transformation, DLD has collaborated with a company specialised in photovoltaic archiving. The ...

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• 3 December

  Senaat sponsors Sheikh Zayed Heritage Festival

  ABU DHABI / WAM Senaat on Sunday announced its support to the 8th edition of Sheikh Zayed Heritage Festival, one of the most celebrated cultural festivals in Abu Dhabi. Held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the festival is an annual event established to honour the UAE’s founding father, the late Sheikh Zayed ...

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• 3 December

  Emirates’ new Boeing 777 cabins wow customers

  

  DUBAI / Emirates Business Emirates’ new Boeing 777-300ER aircraft fitted with its game changing fully enclosed private suites in First Class, as well as refreshed Business and Economy Class cabins, has now entered service, to the delight of customers. The new Emirates cabins were unveiled for the first time at the Dubai Airshow last month, to positive acclaim from visitors ...

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• 3 December

  ADDED organises workshop to promote investments, exports

  

  Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (ADDED), organised a two-day training workshop at its headquarters, in cooperation with the Ministry of Economy, entitled, ‘Policies of Encouraging Investments and Export. The workshop provided participants with an analysis of the government’s strategies to promote exports and attract investments, by providing practical analytical tools to study and encourage ...

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