ABU DHABI - Abu Dhabi Investment Authority (ADIA), has purchased a significant stake in London’s Gatwick Airport. The stake is estimated to be as large as 15 per cent of the airport’s total shares and worth $196.4 million.
ABU DHABI - Abu Dhabi Investment Authority (ADIA), has purchased a significant stake in London’s Gatwick Airport. The stake is estimated to be as large as 15 per cent of the airport’s total shares and worth $196.4 million.
ABU DHABI - The manufacturers, distributors and suppliers of low voltage household electrical appliances have been given a six month lease of life, to comply with the standardisation requirements and mandatory registration of their products with the Emirates Authority for Standardisation 
and Metrology.
MANAMA - Bahrain Mumtalakat Holding Company, the investment company for the Kingdom of Bahrain, announced on Thursday its intention to divest its interests in Gulf Air, Bahrain’s national carrier, to the Ministry of Finance.
RAS AL KHAIMAH - Julphar Pharmaceutical Industries in Ras Al Khaimah has announced that they registered sales revenue worth Dh762 million during the year 2009 which is an increase of 22 per cent compared to
 the previous year.
ABU DHABI — Abu Dhabi Ship Building Company, or ADSB, which has emerged as the leading naval shipyard in the Arabian Gulf has made a revenue of about Dh 1.16 billion in 2009 making a significant increase from Dh 842 million earned in the
 previous year.
DUBAI — Air Miles, the world’s leading multi-participant loyalty programme, has announced the launch of its Interactive Voice Response, or IVR, system which is set to provide members with 24 hour service, 
365 days a year.
ABU DHABI — IKEA UAE, an affiliate of the Al-Futtaim Group, broke ground in the capital for the biggest IKEA store in the Middle East on Wednesday, and said it will seek further expansion in other untapped Gulf markets such as Qatar and Oman.
ABU DHABI— Abu Dhabi Motors, distributors of luxury automobiles BMW, MINI and Rolls-Royce in the capital bucked industry trends by posting a six per cent growth in a ‘challenging’ year.
DUBAI — Dubai’s centralised e-services platform achieved significant growth in 2009 as it collected Dh1.5 billion through electronic payment gateway. Statistics show that a total of Dh1.5 billion was collected from 1.4 million transactions that were processed in 2009 using Dubai eGovernment’s electronic payment gateway, which is a secure and reliable platform for online payments.
ABU DHABI — Etihad Airways commenced operations to Japan on Tuesday with the launch of its Nagoya-Abu Dhabi service.