July, 2017

• 5 July

  British Airways partners with White Company

  

  Emirates Business British Airways on Wednesday announced its plans to give customers a great night’s sleep in the sky through a partnership with the luxury lifestyle brand, The White Company. The iconic British retailer will supply bedding and amenity kits in Club World as part of the airline’s £400m customer investment plan, with a focus on excellence in the premium ...

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• 5 July

  Airbus A380 ‘could be broken up’ for spare parts

  

  Bloomberg Airbus SE’s A380 superjumbo faces the ignominy of being broken up for spare parts if second-hand operators for the oldest jets can’t be found in coming months. The double-deckers could be “parted out” to recover engines and other spares worth at least $100 million per plane, according to German fund manager Dr. Peters, which owns four A380s due to ...

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• 4 July

  Senaat revenues reach AED13.4 billion in 2016

  ABU DHABI / WAM Senaat, one of the largest industrial investment holding companies in the UAE, announced its group financial results for the fiscal year ended 31st December, 2016. The group’s operating companies delivered a solid performance in 2016, reflecting the resilience of its business model. Revenues of AED 13.4 billion (2015: AED 14.0 billion) were marginally lower compared to ...

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• 4 July

  UAE non-oil sector growth improves

  Dubai / Emirates Business Following May’s weakest improvement in six months, the upward growth trajectory of the non-oil private sector gained steam in June. The latest improvement was supported by sharper rises in both new orders and output. The ongoing upturns in output and new order book volumes encouraged companies to engage in input buying, leading to further increases in ...

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• 4 July

  Samsung Pay adds Lulu, Union Coop to service

  Dubai / WAM Samsung Pay facility will now be even more accessible when shopping for groceries, as Samsung Pay and Visa have partnered to offer UAE shoppers a simple, convenient and secure digital payment service for a limited period when they shop at Lulu and Union Coop Hypermarkets. Branded checkout counters are now in the hypermarket stores, exclusively for Visa ...

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• 4 July

  VP unveils Dubai’s new AED5bn business district

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that Dubai’s major real estate projects aim to enhance the emirate’s development across sectors, and enhance its readiness for the future as part of the comprehensive growth strategy of the UAE under the leadership of UAE ...

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• 4 July

  Arabtec wins contract to build UAE Pavilion for Expo 2020

  

  Dubai / WAM The National Media Council, the government entity responsible for building and operating the UAE Pavilion at Expo 2020 Dubai, announced that Arabtec Construction, a wholly owned subsidiary of Arabtec Holding, has been awarded the main contract to build the national pavilion. Arabtec Construction squared off against three local and international companies in the final round with nine ...

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• 4 July

  Dubai to host diamond conference in October

  Dubai / WAM The Dubai Diamond Exchange (DDE), a DMCC (Dubai Multi Commodities Centre) platform, today announced the third edition of its biennial two-day Dubai Diamond Conference 2017, under the theme ‘Destination Next – Shaping the future of an interconnected marketplace’. Ahmed Bin Sulayem, Executive Chairman, DMCC, said, “Dubai has evolved rapidly as one of the world’s leading trading centres ...

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• 4 July

  ERC to build nine ‘pilot’ villages in northern Mali

  Abu Dhabi / WAM The Emirates Red Crescent (ERC), have announced that it is to build nine “pilot” villages in northern Mali to support thousands of displaced people in the region. The villages are to be built at a cost of over AED2.2 million and will shelter around 38,625 people. Each village will include a school, a dispensary, an artesian ...

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• 4 July

  UAE’s tallest observation deck to open in October

  

  Ras Al Khaimah / WAM Forging ahead with its ambitious plans to be the region’s premier destination for adventure tourism, the Emirate of Ras Al Khaimah is set to open a new observation deck close to the summit of Jebel Jais, providing adventure seekers and nature lovers unrivalled and breathtaking views and experience of the UAE’s highest peak at 1,934 ...

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