April, 2017

• 18 April

  United Airlines Q1 profit fell 69 percent

  

    DALLAS / AP United Airlines’ profit plunged 69 percent in the first three months of the year, and that was before the terrible publicity surrounding the dragging of a bloodied passenger off a plane. The cost of fuel, labor and maintenance all rose sharply in the first quarter, helping push United’s profit down to $96 million, despite higher revenue. ...

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• 18 April

  EAG sets course for Think Science 2017

  

    Dubai / Emirates Business Etihad Aviation Group (EAG) deployed pilots and engineers at Think Science 2017 to promote aviation careers as part of national efforts to engage youth in science and technology. The event from April, 18-20 at Dubai World Trade Centre (DWTC) is organised by Emirates Foundation and is one of the largest science fairs in the region. ...

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• 18 April

  Southwest pilot held with loaded gun at airport

    Bloomberg A Southwest Airlines Co. pilot was arrested after a loaded handgun was found in his carry-on bag while going through a security checkpoint at an upstate New York airport, federal officials said. The first officer’s name wasn’t released in a statement issued Monday by the Transportation Security Administration. He was arrested on a weapons charge after an X-ray ...

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• 17 April

  Abu Dhabi top fintech hub in MENA region

  

    ABU DHABI / WAM Abu Dhabi with the Abu Dhabi Global Market (ADGM) has been ranked as the top FinTech Hub for the MENA region in the latest Global FinTech Hubs Review, ‘A Tale of 44 Cities’, by Deloitte in partnership with the Global FinTech Hubs Federation. This special FinTech Hubs review was released at the 2017 Innovate Finance ...

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• 17 April

  Abu Dhabi UPC to unveil development projects at CityScape

    ABU DHABI / WAM The Abu Dhabi Urban Planning Council (UPC), is planning to showcase a range of important development projects in Abu Dhabi, unveil latest development plan of Zayed City in Abu Dhabi and media identity of the project, during first day of CityScape Abu Dhabi 2017. The event will start on Tuesday at ADNEC. Visitors to UPC ...

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• 17 April

  Aldar announces AED1.3 billion residential project on Reem Island

  

    ABU DHABI / WAM Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has announced the launch of ‘The Bridges’, a 1,272 unit, AED1.3 billion, mid-market residential development. Capitalising on the demand for this type of product, Aldar will release one of the towers for sale at Cityscape Abu Dhabi. Property prices will start from AED450,000, ...

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• 17 April

  Saudi to develop 30 solar, wind projects over next 10 years

    Bloomberg Saudi Arabia will develop 30 solar and wind projects over the next 10 years as part of the kingdom’s $50 billion program to boost power generation and cut its oil consumption. The world’s biggest exporter of crude oil will produce 10 percent of its power from renewables by 2023, Energy Minister Khalid Al-Falih said at a conference. It ...

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• 17 April

  Emaar offers $292mn dividend

    DUBAI / WAM The 19th Annual General Meeting (AGM) of Emaar Properties PJSC on Monday declared a cash dividend of 15 per cent of the share capital, equivalent to AED 1.074 billion (US$ 292 million), for distribution to the company’s shareholders. The AGM also approved the report of the Board of Directors on the activities and financial position of Emaar, ...

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• 17 April

  Expo 2020 to support talent and creativity at Think Science

    DUBAI / WAM Expo 2020 Dubai is set to have a strong presence at the Think Science Fair 2017, running from April 18-20, inviting young people in the UAE to drive and shape the first World Expo ever to be held in the region. Since its inception, Expo 2020’s Youth Connect has launched several initiatives to ensure that the ...

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• 17 April

  Dubai municipality, local bodies sign agreement on Dubai Lamp

    DUBAI / WAM In continuation of the efforts made by Dubai Municipality to promote the Dubai Lamp, which was launched by the Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the municipality signed an MoU on Monday to co-operate in the field of energy and water conservation with ...

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