Thursday September 3, 2015
Newsletter:
  • Business

    Lion Air to start private jet service

    over a year ago

    Jakarta:  The Indonesian budget carrier Lion Air, which announced the world's biggest-ever commercial aircraft order last month, plans to launch a private jet service by mid-2012, the company said yesterday. Lion Air is negotiating a deal for four, nine-seat jets with US-based Hawker... Full story

  • Business

    Iberia cancels 118 flights

    over a year ago

    Madrid: Iberia, the Spanish airline unit of IAG, cancelled 118 flights yesterday as pilots' union Sepla called a strike to protest against the creation of a lower-cost carrier for short-haul trips. Iberia cancelled 36 per cent of its scheduled flights yesterday, including international and... Full story

  • Business

    ABU DHABI STOPOVER MEDIA UPDATE

    over a year ago

    Dear Media Colleague Welcome to the first edition of the Media Newsletter for the Abu Dhabi Stopover of the Volvo Ocean Race 2011-12.  In this newsletter you will find up-to-date information on the facilities and opportunities available to you over the course of the stopover. For more... Full story

  • Business

    SAS takes top ranking positions in latest Gartner reports

    over a year ago

    SAS, the leading provider of business analytics software and services, has taken top ranking positions in two of the latest reports released by Gartner, a leading international business intelligence and research firm. The leading company has been entered into the ‘Leaders Quadrant’ of... Full story

  • Business

    TOYOTA FORECASTS A RECORD 8.48 MILLION GLOBAL VEHICLE SALES IN CY2012

    over a year ago

    Jeddah, December 2011: Toyota Motor Corporation’s Bahrain Representative Office has announced the global auto major’s sales and production plans for CY2012, with targeted sales of 8.48 million units globally in 2012, an increase of 20% from the 2011 sales forecast of 7.05 million units. ... Full story

  • Abu Dhabi rescues Aldar with Dh16.8b
    Business

    Abu Dhabi rescues Aldar with Dh16.8b

    over a year ago

    Abu Dhabi: The Abu Dhabi government yesterday came to the rescue of the emirate's biggest property developer, Aldar Properties PJSC, with a Dh16.8 billion lifeline in exchange for strategic assets. This is the second such move in a year. In January, the developer had agreed to sell real estate... Full story

  • Aldar sells Dh16.8bn in assets to Abu Dhabi government
    Business

    Aldar sells Dh16.8bn in assets to Abu Dhabi government

    over a year ago

    Abu Dhabi: Aldar Properties PJSC Wednesday announced unit sales, asset transfers and reimbursements with the Government of Abu Dhabi, for a total consideration of Dh16.8 billion. Under the deal, Abu Dhabi government has purchased 760 three-, four- and five-bedroom units within the Al Bandar, Al... Full story

  • Business

    Oil at $101 on Iran tension, profit-taking

    over a year ago

    London: Oil prices hovered near $101 (Dh371) a barrel yesterday, as concerns over rising Middle East tensions could disrupt crude supplies were offset by profit-taking following recent gains. By early afternoon in Europe, benchmark crude for February delivery was down 27 cents to $101.07 a barrel... Full story

  • Business

    Gold extends drop on slower India, China demand

    over a year ago

    New York: Gold fell for a fifth day in New York, heading for the longest losing streak since 2009, on prospects for slower demand in India and China, the world's two biggest consumers of bullion. Indian imports of the precious metal may drop as much as 50 per cent this month after the rupee... Full story

  • Business

    Treasury bill yields could rise at auction

    over a year ago

    Karachi: Pakistan's central bank will sell Rs65 billion (Dh2.7 billion) of treasury bills today at yields higher than the previous auction, according to a Bloomberg News survey. The State Bank of Pakistan will offer benchmark six-month bills at 11.92 per cent, according to the median forecast of... Full story

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