DP World expected to switch to new terminal in 2019

DP World stated on Thursday that it is possibly going to begin using the fourth terminal at its flagship Jebel Ali port in the...

Flydubai stated that Boeing 737 MAX stay in their future strategy

Middle Eastern carrier flydubai declared on Thursday that the Boeing 737 MAX, grounded after two fatal crashes in five months, will stay an integral...

Saudi wealth fund PIF sets up helicopter operator

Saudi Arabia’s state-run Public Investment Fund (PIF) has set up the kingdom’s primary commercial helicopter operator with the first capital of SAR565m ($151m), state...

Mashreq to close 50% of its branches in UAE

Dubai's Mashreq bank has announced that they will be closing approximately 50% of its branches in the UAE this year, its chief executive declared...

Hotels need a human touch

With Expo 2020 Dubai quickly approaching, a massive supply of experienced hotel rooms is required to provide to the expected influx of visitors. "Technology... has...

SoftBank is thought to raise $3b loan

Vision Fund raised a $3 billion (Dh11 billion) loan from banks comprising of Goldman Sachs Group Inc to assist the bridge funding gaps in...

50% discount on traffic fines for UAE motorists

The Ajman Police have broadcasted those motorists who do not commit any traffic infringement for 6 months will get 50 percent discount on their present...

Over 4% climb in UAE petrol prices in March

The UAE has amplified petrol prices by approximately 4.5 percent for the month of March, subsequent to price cuts in January and February, the...

Air Arabia suffers $166m loss

Air Arabia stated on Thursday that it endured a loss of Dhs609.5m ($166m) in 2018, owing to the impairments related to its exposure to...

Owners choose to remove Trump name from luxury condo

Big, brassy letters representing “Trump” will be taken off another New York City dwelling tower, the last of six luxury condominiums that once exhibited...
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