UNB participates in Etihad Airways Airbus purchase loan

  Abu Dhabi / WAM Union National Bank (UNB) on Tuesday announced the successful completion of a 12-year aircraft financing term loan facility for the acquisition of an Airbus A380 aircraft by Baz Aircraft Leasing One L.T.D, in which it acted as mandated lead arranger. The aircraft is leased to the UAE’s national carrier, Abu Dhabi-based Etihad Airways, according to a ...

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Tabreed shareholders approve dividend for 2016

  Abu Dhabi / WAM Shareholders of the National Central Cooling Company, Tabreed, approved a dividend of 6.5 fils per share for the 2016 financial year, which represents an 8 percent increase on the dividend paid out in 2015. The dividend was approved by shareholders at the company’s Annual General Assembly which was chaired by Khaled Abdulla Al Qubaisi, Tabreed’s Vice ...

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TCA Abu Dhabi to highlight best of Abu Dhabi at ITB Berlin

  Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is spearheading a large delegation of more than 50 of the emirate’s leading hotels, tour operators, attractions and destination management companies to Germany to highlight the best of the emirate at one of the world’s largest travel and trade exhibitions to help build on last ...

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Early detection best way to defeat cancer: Sharjah Ruler

  Sharjah / WAM The success of Pink Caravan’s journey should not be measured by the kilometres it travelled in the past six years, but by the number of detections, free screenings and medical advice provided by brave giving women who completely committed to the nation’s health and safety, HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member ...

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MBRF inks pact with Emirates Islamic Bank

  Dubai / Emirates Business The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) signed an agreement with Emirates Islamic Bank, whereby both parties will collaborate to support efforts to mark the Year of Giving 2017. In the agreement, the Foundation and Emirates Islamic pledge to exchange knowledge and expertise, and to launch joint initiatives and projects to promote social ...

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MOTN to celebrate Emirati Women

  Abu Dhabi / Emirates Business Mother of the Nation Festival (MOTN), the largest of its kind in Abu Dhabi which pays tribute to the values and extensive contributions of H.H. Sheikha Fatima bint Mubarak, will mark International Women’s Day by celebrating women’s role in Emirati society. Highlighting the values instilled in every Emirati citizen by HH Sheikha Fatima bint ...

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Etihad’s GBSS centre receives royal stamp of approval

  Emirates Business Her Highness Dr Sheikha Shamma bint Mohammed Al Nahyan made a special visit to Etihad’s Global Business Service Solutions (GBSS) facility in Al Ain. Tuesday’s visit was part of Etihad Aviation Group’s (EAG) activities to mark International Women’s Day, recognised internationally on March 8 each year to celebrate the achievements of women. This year’s theme is ‘Be ...

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Forcing EU to make the biggest decision

  In trademark EU style, European Commission President Jean-Claude Juncker outlined a vision for the bloc’s future recently by presenting five of them. While some will see an attempt to shape the agenda without taking responsibility, it sounded more like an impatient call for members to find the courage to rally around an actual strategic decision. By striking a neutral ...

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Uber should beware the DUD behind Indian expansion

  It’s great that Travis Kalanick is seeking leadership help, though the Uber Technologies Inc. CEO might need advice in another area. Let’s call it DUD — distressed Uber debt. After a dashboard video of Kalanick’s spat with a driver, Fawzi Kamel, went viral last week, the co-founder of the ride-hailing service offered “a profound apology” and promised to change ...

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Trump’s un-American travel ban, part II

  President Donald Trump’s latest executive order restricting immigration from several majority-Muslim countries is less sweeping and careless than his last one, which federal courts put on hold last month. But even if it withstands judicial scrutiny, it is still un-American and unwise — and if it doesn’t, the president needs to resist his impulse to lash out. The new ...

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