Bloomberg TAB Gida Sanayi & Ticaret AS, the Turkish company that controls the biggest international Burger King franchise, is considering an initial public offering that could value it at more than $2 billion, people familiar with the matter said. The owners of TAB Gida, which also has the rights to operate Burger King in China, are working with Moelis ...
Read More »Southwest says stronger demand is poised to halt
Bloomberg Southwest Airlines Co., the largest US discounter, is benefiting from a pickup in demand and pricing power that began late last year and is carrying over into 2017. Airfares are firming up after almost two years of declines, Chief Executive Officer Gary Kelly said. Revenue from each seat flown a mile, an industry benchmark, is poised to end ...
Read More »Eye scans are replacing airline boarding passes in USA
Bloomberg Clear, the biometric screening firm long hobbled by a limited network, is landing in several major US airports soon—including New York’s LaGuardia—marking the start of an era that could radically accelerate your trip from curb to cabin. But there are some bumps to smooth out first. Clear, which started at JFK International Airport earlier this month, will open ...
Read More »Austria’s ‘notorious’ slope
Kitzbuehel / DPA Without my poles I would have been lost. I was using all my strength to push them into the slope and pull myself up. I had no idea the competition would be so hard. I was taking part in order to conquer one of the most dangerous ski runs in the world, the “Streif” in Austria’s ...
Read More »Could drones help hunt the deadly traps?
Ulm /Â DPA Landmines are notoriously difficult to clear away. Deminers have to bravely probe the ground, putting themselves in mortal danger. Explosives dogs are expensive to train. And if caterpillar-tracked vehicles are used to detonate the mines, they ruin the whole area in the process. Researchers are now investigating whether drones could be used to hunt for the deadly ...
Read More »Global tourism to reach 1.5bn by 2020
Dubai / Emirates Business A surge in consumer demand for knowledge of food origin and source is now a key factor for successful sales and marketing in the global food industry, according to the latest research. A survey by Opinion Matters found that a food’s ‘origin’ is now second on a consumer’s list, behind only sell-by dates, when it ...
Read More »SMC to promote humanitarian issues via TV shows
Sharjah/ Emirates Business In line with the declaration of 2017 as the Year of Giving by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, The Sharjah Media Corporation (SMC) is presenting a series of television programmes that is dedicated to supporting humanitarian issues locally and globally. “Alam Wa Amal” (Pain and Hope), fosters a culture of community involvement ...
Read More »Miral to prepare young Emiratis to tourism sector
Abu Dhabi / Emirates Business Miral’s subsidiary Farah Experiences announced its Ambassador Program, a training and recruiting program focused on preparing Emirati talent in the travel and tourism sector. The program supports Miral’s ambition to contribute 2,500 jobs to the Abu Dhabi tourism industry by 2018; 1,000 of which will be part of the Warner Bros. World Abu Dhabi ...
Read More »Cityland’s Central Park to display spectacular shows
Dubai / Emirates Business The recently announced Cityland Mall project strengthened its credentials as the world’s first ‘nature-inspired’ shopping destination by revealing details of Central Park which is its prime attraction. The 200,000 sq. ft. open-air garden will form the core of the mall – in terms of both architecture and its anchoring role in providing a unique sensory ...
Read More »UAE’s preparedness to host World Data Forum hailed
Dubai /Â WAM Stefan Schweinfest, Director of the United Nations Statistics Division (UNSD) at the Department of Economic and Social Affairs, DESA, lauded the readiness of the UAE and its ability to host major international events. UNSD and DESA are responsible for the agenda of the World Data Forum, which the UAE will be hosting 2018. On the sidelines of ...
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