June, 2017

• 28 June

  Amsterdam’s Schiphol airport tests express lane for light travellers

  Bloomberg Amsterdam’s Schiphol Airport is looking to give travelers with little or no baggage speedier passage through security, responding to checkpoints clogged with an increasing number of passengers loaded with carry-on bags. Beginning in July, the airport will start a trial to streamline processing for passengers with no more than a laptop case, small backpack or handbag, according to a ...

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• 28 June

  Hainan Air seeks assets abroad to build global network

  

  Bloomberg Like its acquisitive parent HNA Group, Hainan Airlines Holding Co. is looking to bolster growth by buying assets on its own outside China, undeterred by potential headwinds posed by regulatory scrutiny of the parent’s overseas deals. The nation’s fourth-largest carrier is exploring airlines and companies along the industry’s “value chain,” President Sun Jianfeng said in an interview, without elaborating. ...

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• 27 June

  Tourism, future energy industries committed to curbing emissions

  ASTANA / WAM Under the theme ‘Tourism and Future Energy: Unlocking Low-Carbon Growth Opportunities,’ industry leaders and policy makers have convened in the Kazakh capital city of Astana to discuss contribution of the tourism sector to reducing carbon emissions. The Conference is a joint initiative of Astana EXPO 2017 and the United Nations World Tourism Organisation (UNWTO) with the support ...

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• 27 June

  RAK corporate centre eyes business prospects in Cyprus

  RAS AL-KHAIMAH / WAM A delegation from RAK International Corporate Centre (RAKICC), a premium corporate registry for International Business Companies (IBCs), has travelled to Cyprus this week. Led by RAKICC CEO, Joe Moynihan, the delegation held meetings with potential partners and industry advisors to discuss the benefits of international businesses incorporating in RAKICC. While in Cyprus, Moynihan also spoke at ...

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• 27 June

  Xpress Money records 12 percent rise in remittances

  Dubai / Emirates Business Xpress Money has recorded a 12% increase in remittances in the first two weeks of Ramadan as compared to the same period last year. The increase is reflected in outward remittances to South Asia, the Levant and other parts of the MENA region. “Ramadan is the month of giving, and we traditionally witness that remittances back ...

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• 27 June

  ‘OPEC in no rush on deeper cut’

  

  LONDON / Reuters OPEC will not rush into making a further cut in oil output or end some countries’ exemptions to output limits, OPEC delegates said, although a meeting in Russia next month is likely to consider further steps to support the market. OPEC and allied non-OPEC producers agreed on May 25 to extend an existing supply cut into 2018, ...

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• 27 June

  Abu Dhabi Police to implement new traffic fines from July 1

  

  Abu Dhabi / WAM The amended executive regulations of this year’s Federal Traffic Law No. 21 will be implemented from July 1, as per Ministerial Resolutions 177 and 178 (2017) regarding traffic control rules and procedures. Brigadier Ali Khalfan Al Dhaheri, Director-General of Central Operations at Abu Dhabi Police, called on drivers to follow traffic rules and laws while confirming ...

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• 27 June

  Hind bint Maktoum contributes AED1mn to Dar Al Ber orphans

  Dubai / WAM HH Sheikha Hind bint Maktoum bin Juma Al Maktoum, wife of Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has contributed AED 1 million as ‘Edeya’, or Eid gift, Dar Al Ber Society’s orphans on the auspicious occasion of Eid Al-Fitr. Khalfan Khalifa Al Mazrouie, Chairman of Dar Al ...

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• 27 June

  SEWA to launch 12 projects to support ‘rationalisation hour’

  Sharjah / WAM Over 2,300 officials are participating this year in the Rationalisation Hour initiative launched two years ago by the Sharjah Electricity and Water Authority (SEWA), and approved by HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. Accordingly, 2.30pm to 3.30pm the peak hour of electricity usage is observed as Rationalisation Hour ...

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• 27 June

  ERC Eid clothes project benefits 34,250 children

  Abu Dhabi / WAM A total of 34,250 children have benefited from the Emirates Red Crescent (ERC), Eid clothes project worth about AED 3 million within the UAE, and in 60 countries around the world. The value of the ERC’s Eid clothes donations within the country reached AED1.4 million, which benefitted 2,500 orphaned children and children in need. The value ...

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