After scare, Virgin Atlantic flight leaves Dubai for London

A Virgin Atlantic flight from Dubai to London that was evacuated over unspecified concerns earlier Thursday in the United Arab Emirates was cleared after a security check and took off for Britain, officials said. The Airbus 330 had just left its gate in ... ( read original story ...)

Aldar Properties : to build twofour54’s Yas home

The media and entertainment free zone twofour54 in Abu Dhabi said it has appointed Aldar Properties, the emirate’s biggest listed developer, to build its new home on Yas Island. The project is part of a Dh12 billion development of the southern part of ... ( read original story ...)

Abu Dhabi Customs seize thousands of alcohol bottles at border

Abu Dhabi: The General Administration of Customs in Abu Dhabi on Tuesday announced that inspectors from Al Ghuwaifat border foiled an attempt to smuggle 7440 bottles of alcohol outside the UAE. A truck which was carrying metal tubes had arrived at the ... ( read original story ...)

Abu Dhabi DF bolsters online offer ahead of Ramadan

A year after its launch, Abu Dhabi Airports Company (ADAC) says that the company is adding new products to its online platform, addf.ae, as it prepares for the busy summer season and Ramadan (between 26 May to 24 June). During Ramadan, the online store ... ( read original story ...)

The coming revolution in banking

A paradigm shift is under way in the UAE’s financial sector as technology evolves and customers live in an increasingly connected world. When the dust settles, the banking landscape will look a lot different over the next three years than it does today. ( read original story ...)

Successful IPO Of An Offshore Driller

I discuss industry implication of ADES IPO. This article was written on a request by a reader who noticed that an offshore drilling company which originally came from Egypt and is now based in Dubai, ADES International Holding, had a successful IPO in ... ( read original story ...)

Cathay announces job cuts after posting financial losses

Dubai: An Asian airline that serves the UAE market is implementing ... followed after the company announced that it had incurred some $74 million (Dh271 million) in financial losses for 2016, the first since the global recession. “We have had to make ... ( read original story ...)