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HuaweiABU DHABI — Etihad Airways on Wednesday reported a 25.4 per cent growth in revenue passenger kilometres (RPKs) in the first quarter of 2010, far out-pacing the industry average.
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DUBAI — Dubai stocks on Wednesday rose for a third time this week after Arabtec Holding cancelled plans to sell a stake to a government-controlled company, boosting investor confidence in the UAE’s construction industry.
ABU DHABI — The Department of Municipal Affairs (DMA) of Abu Dhabi and the Norwegian risk management specialist DNV Systems signed a memmorandum of understanding to support the municipality’s efforts to provide world-class services to the people of the emirate.
DUBAI — Galadari Ice Cream Company (GICC), which exclusively manages and operates Baskin Robbins brand in the Gulf region,
DUBAI — Dubai continued to attract foreign investment into the emirate as the business licences issued by the emirate recorded a 30 per cent rise during the first quarter, compared to the same period last year.
ABU DHABI — Etihad Airways has chosen Abu Dhabi Commercial Bank to launch co-branded Visa credit and debit cards to facilitate its frequent flyers.
DUBAI — Falconcity of Wonders (FCW) will participate at the Cityscape Abu Dhabi and will occupy a 300-square metre space at Hall No. 3 with stand No. 3E20.
DUBAI — Dubai Financial Market’s General Index, or DFMGI, on Tuesday fell as volumes dropped to a three-week low. Dubai Financial Market declined 1.5 per cent to Dh1.95 after Shuaa Capital slashed its price target on the stock to Dh1.20 from Dh1.58.
DUBAI — Apartment rents in Dubai fell by 5 per cent during the first quarter, compared to the same period last year, while villa rental rates in the emirate remained stable with no significant change, according to property services company, Asteco.
DUBAI — Dubai’s direct exports in 2009 recorded a 22.9 per cent surge to hit Dh52.4 billion while imports and re-exports declined, official statistics released on Monday showed.