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14421 - 14430 from 16585 . In "BUSINESS"
RAK’s adhesive materials sector logs robust sales
RAJK — A study commissioned by Ras Al Khaimah Chamber of Commerce has revealed that the adhesive materials industry currently represents 3.7% of the Emirate’s total manufacturing industry, a strong demonstration of the industry’s role and the rapid growth achieved over recent years.Dr. Ahmed Rashid Al Shemaili, Deputy Director General of the Commercial Services and Business Development Sector at the Chamber, said that the industrial sector was a major component in generating income and adding value within the Emirate, with a 33.1% share of GDP. The sector was headed by manufacturing industries which represent 26.2% of overall GDP.He added that manufacturing industries have played the role of the major economic stimulus that has enabled the Emirate’s economy to achieve a standard...
October 28, 2017

RAK’s adhesive materials sector logs robust sales

Abdulla Al Maeeni
Congress on Future Mobility set in Dubai
DUBAI — Recent government initiatives aimed at reducing transport carbon emissions and transforming transportation to intelligent and autonomous modes has thrown the spotlight on the UAE to be one of the best countries in the world, as the countdown begins to the 3rd International Conference on Future Mobility in Dubai.The UAE has already seen a series of announcements from various government entities towards achieving the goals outlined in the national agenda of the UAE Vision 2021, and Dubai’s Autonomous Transportation Strategy.With electric vehicles standards and regulations now in place and with autonomous driving becoming a core component of future mobility, the UAE’s federal standardization governing body, the Emirates Authority for Standardisation and Metrology (ESMA),...
October 28, 2017

Congress on Future Mobility set in Dubai

Ahmed Aboudoma
iPhone X available at Mobily from Nov. 3
ETIHAD Etisalat (Mobily) offers iPhone X, the future of the smartphone, featuring a revolutionary new design with a stunning all-screen display. Customers may pre-order iPhone X beginning Oct, 27 at the Mobily website, and it will be available in Mobily outlets starting Nov. 3. Mobily now offers Apple’s latest products including the new generation iPhone 8 and iPhone 8 Plus at competitive prices.Ahmed Aboudoma, CEO at Mobily, said “Mobily is committed to maintaining its market leadership by meeting customers’ expectations and offering the latest services and products in the telecommunications industry. Customers will soon enjoy the revolutionary iPhone X experience with the support of our distinguished 4G network.”iPhone X features a gorgeous all-glass and stainless steel design...
October 28, 2017

iPhone X available at Mobily from Nov. 3

Tusdeer embraces ‘LogiPoint’ identity
TUSDEER, the first and largest bonded and re-export zone in the Kingdom of Saudi Arabia, has decided to go ‘one step further’ and launched its new identity, “LogiPoint”, transforming from a pioneering bonded zone into a leading network of integrated logistics parks across KSA, and contributing to the Kingdom’s ambitious Vision 2030 program.In realizing its transformation to the new identity, the company is committed to expanding its current investment base by developing both green-field and brown-field integrated logistics facilities across Saudi Arabia, attracting international investors into the Kingdom, serving customers in all sectors through both sea and land-based integrated logistics offerings, achieving internationally competitive service levels in KSA, improving the...
October 28, 2017

Tusdeer embraces ‘LogiPoint’ identity

Yukiya Amano
Global nuclear energy leaders meet over its importance as future credible energy source
GLOBAL nuclear energy experts and leaders are gathering in Abu Dhabi on Monday for the International Ministerial Conference on Nuclear Power in the 21st Century. Organized by the International Atomic Energy Agency (IAEA) and the Organization for Economic Cooperation and Development’s Nuclear Energy Agency (OECD/NEA), and hosted by the UAE Ministry of Energy and Industry, the conference convenes every four years and will discuss trends, challenges and opportunities in developing peaceful nuclear energy.The event will focus on the role of the nuclear energy sector in meeting global energy demands, contributing to sustainable development goals and mitigating climate change. With thirty countries across the world currently operating nuclear energy plants, and another thirty countries...
October 28, 2017

Global nuclear energy leaders meet over its importance as future credible energy source

Prince Naif Bin Sultan
Zain Saudi Arabia sustains turnaround
ZAIN Saudi Arabia reported its third consecutive quarterly net profit for the period ending Sept. 30, 2017 reflecting a significant turnaround in the company’s historical performance. Ongoing focus on customer acquisitions, further improvement in quality of service and network reach and performance, focus on growth of data services and prudent management of operational costs were all contributing factors to the positive performance generated by the company in Q3, 2017.Revenues grew by 11% year-on-year in Q3 2017 reaching SR1,807 million compared with SR1,634 million in Q3 2016. When comparing Q3 2017 revenues to Q2 2017, there was a slight decrease of 3% attributable to seasonal factors including the lengthy school holiday and more expats leaving the country.The company recorded a...
October 28, 2017

Zain Saudi Arabia sustains turnaround

Centrepoint introduces online Shopathon event
CENTREPOINT, the region’s largest fashion retailer, is giving customers an exciting opportunity to indulge in fabulous deals with up to 70% discount with the first ever Shopathon event in the Kingdom.The event is being held from Oct. 26 till today (Oct. 29), and customers can take advantage of exciting deals on www.centrepointstores.com.From Splash’s latest trends and Shoe Mart’s most wanted footwear to Baby Shop’s best seller’s and Lifestyle’s totally awesome home, accessories and beauty selection for all ages and both genders, Centrepoint is giving their online shoppers unbeatable prices for their remarkable collections.Announcing the mega bonanza, Simon Cooper, Head of Centrepoint, said “online shopping has been very popular in Saudi Arabia, and every year, more and more...
October 28, 2017

Centrepoint introduces online Shopathon event

Latest winner of Malabar Gold raffle draw
The raffle draw winner of "Win up to 100 Kilos of Gold" campaign by Malabar Gold & Diamonds Abdul Nazer receives the 1/4 kg gold prize from Shameer – Deputy General Manager, LuLu Hypermarket, along with Ismayil – Sales Manager, Malabar Gold & Diamonds, in the presence of other officials from Malabar Gold & Diamonds. — SG
October 28, 2017

Latest winner of Malabar Gold raffle draw

A British Airways E190 Embraer airplane lands at London City Airport in London on Friday. British Airways parent group IAG forecast  a 20-percent jump in operating profit this year thanks to rising demand and falling costs. Operating profit before exceptional items, and at current fuel prices and exchange rates, was forecast to hit 3.0 billion euros ($2.7 billion) in 2017, IAG said in an statement. That was up from 2.5 billion euros in 2016. — AFP
BA-owner IAG lags Lufthansa on revenue trend, shares fall
LONDON — British Airways owner IAG said it expected profits to rise by nearly 20 percent this year thanks to strong travel demand and lower costs, but its shares dropped over concerns that revenue trends were weaker than those of rivals. Air Berlin, Britain's Monarch and Alitalia have all gone into administration this year due to tough competition. The industry shakeout could help Europe's stronger carriers, such as IAG, by giving them opportunities to grow and relieving some of the pressure on ticket prices. IAG, which has been bullish on revenue trends this year, said on Friday it had seen passenger unit revenue — a closely watched figure — rise 2.2 percent. It forecast another rise in the measure for the final months of this year. However, the figure was below the 4.5...
October 27, 2017

BA-owner IAG lags Lufthansa on revenue trend, shares fall

Fili photo shows an Air Berlin plane on tarmac. The final flight of bankrupt Air Berlin is set to land in the German capital Friday.
Auf Wiedersehen, jet: Last flight for bankrupt Air Berlin
BERLIN — The final flight of bankrupt Air Berlin is set to land in the German capital Friday evening, as the fate of thousands of employees of the stricken carrier remains unclear. After nearly 40 years in the sky, Germany's second-largest airline will bow out with the last scheduled flight departing Munich at 9:35 pm (1935 GMT) and arriving at Berlin's Tegel airport at 10:45 p.m. The farewell flight, on an Airbus A320 carrying 178 passengers and eight crew, promises to be an emotional one, with the airline saying all seats were snapped up well in advance. "Today, on Oct. 27, 2017, an aviation era comes to an end," it said in a statement. "Air Berlin says thank you." Tegel airport has promised to keep its viewing platform open later than usual to allow...
October 27, 2017

Auf Wiedersehen, jet: Last flight for bankrupt Air Berlin

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