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Dubai Airshow sets global order record, with total orders reaching over $162bn within 3 hours of opening Dubai World Central – Next generation aerospace hub delivers multi-billion dollar Dubai Airshow – the world’s fastest growing aerospace exhibition – which opened yesterday for the first time at Dubai World Central, the vast […]
The national carrier of Qatar, Qatar Airways has been awarded the Best Cabin Crew in the World by readers of the Middle East edition of the magazine Business Traveller. The award was presented at a gala event held at The Address Hotel Dubai Marina, which was attended by guests from regional and […]
Qatar Airways has announced expansion of its routes to three continents including Africa, Asia and North America. On September 18th, the Doha based carrier will include the Ethiopian capital of Addis Ababa to its flight destinations, making it the 20th destination within the African continent. On October 28th, Qatar Airways will […]
After the unveiling of Boeing’s new 777X jet last week, some of the largest Gulf airlines are set to book orders for the new plane amid hopes that the company would avoid the well-publicised problems of the 787 Dreamliner. The newly announced jet is a 400-seat version of the 777, […]
Media reports show that the Qatar Airways chief has blamed a U.S. contractor for causing further delay towards completion of the Hamad International Airport (HIA). According to Dow Jones, Akbar Al Baker, CEO of Qatar Airways, the San Francisco-based Bechtel has shown a “complacent” attitude and “they [Bechtel] have to […]
Qatar Airways has announced an international online competition ‘To Maldives, With Love. Qatar Airways‘, giving visitors to its social media channels an opportunity to win some exciting prizes. Visitors simply register online, earning a chance to win the main prize of a fantastic holiday for two to the Maldives. Entrants […]
Qatar airways has extended its network to the central city of Najaf, making it the third city in the country following both the capital Baghdad and Ebril. Increasing passenger demand to Iraq along with the country’s reconstruction drive, expansion plans seemed vital for the Doha based carrier. The arrival of Qatar Airways’ flight QR […]
Qatar Airways, one of the leading airlines in the Middle East region, has decided to temporarily ground its fleet of 787 Dreamliners amid safety concerns. The move comes after similar steps were taken by regulators in India, Japan, Europe and the United States. Qatar Airways currently operates a fleet of […]
We live in a corporate age which is in constant dynamics,always paving way to innovation and excellence. The old ways give rise to the new, belief systems change and opportunities are constantly throwing up greater challenges and growth prospects for companies and organizations. It’s a fact that the fundamental leaders of growth […]
Lindner Depa Interiors (LDI) has expressed its disappointment at media reports that Qatar Airways will be filing a USD 600 million legal claim against it for causing a delay in the opening of the New Doha International Airport (NDIA) project. The German-Emirati joint venture construction firm has accused Qatari airline […]
Qatar Airways has decided to file a USD 600 million legal claim against German Emirati joint venture construction company Lindner Depa Interiors (LDI) for causing a delay to the opening of New Doha International Airport. Qatar Airways is the airport operator of this delayed project. According to a statement by […]
The world’s best airline, Qatar Airways will be launching its new Boeing 787 Dreamliner to Australia. It announced on Friday that it would begin the Dreamliner’s maiden flights from Doha to Perth on February 1 ,2013 . Qatar Airways has a total of 60 Dreamliners ordered as part of […]
Fast-growing Gulf airlines have begun taking a more cooperative approach, seeking alliances rather than direct confrontation with big carriers in the rest of the world, a report said on Wednesday. Many airline observers believe the shift appears to be in response to tough market conditions and a realisation that the […]
Qatar Airways announced on Tuesday it is joining an alliance of airlines including American Airlines, British Airways and nine other carriers that coordinate routes and allow passengers to earn frequent flier miles on each other’s flights. The agreement will help Qatar Airways cut costs and deliver benefits to frequent fliers […]
The head of Qatar Airways dismissed reports from sections of press on Monday that the fast-growing Gulf carrier is involved in talks with British Airways’ parent company to form an alliance. CEO Akbar al-Baker labelled the talk of a deal as nothing more than “press rumours,” adding there are no negotiations […]
Middle East Business News Review – A look at today’s important financial news and business updates from the Gulf, Levant and North Africa: FIFA names investigators to probe Qatar World Cup FIFA named independent ethics investigators to look into allegations of wrongdoing including the selection of World Cup hosts, the […]
Middle East Business News Review – A look at today’s important financial news and business updates from the Gulf, Levant and North Africa: Turkish hotel chain unveils Middle East, including UAE, expansion plans Turkish luxury hotel chain Rixos unveiled plans to open five new hotels in the Middle East and […]
Middle East Business News Review – A look at today’s important financial news and business updates from the Gulf, Levant and North Africa: Booming LNG income triples Qatar budget surplus Qatar’s booming revenues from liquefied natural gas more than tripled budget surplus to 44.5 billion riyals ($12.2 billion) in the […]
Qatar Airways Chief Executive Officer Akbar Al Baker said his airline will receive an upgraded version of Airbus SAS’s A380 superjumbo after refusing to take jets with wing faults. “Qatar Air insisted that Airbus provide us with the new, certified wing for the A380 and Airbus has kindly obliged,” Al Baker told Bloomberg […]
Qatar Airways, one of the Middle East’s top and world’s fastest growing airlines, has opened up a competition – ‘Tweet-a-Meet‘ – for Twitter users. ‘Tweet-a-Meet’ enables a team of two persons to turn their virtual connections into real ones by receiving ‘tweet miles’ for every tweet they send containing information […]
Qatar is a leading aviation growth in the Middle East, thanks to the government’s liberal aviation policies, which is fueling unprecedented growth in the global aviation industry. Industry experts say the tiny gas-rich nation’s huge surplus, commitment to the aviation industry and need to create jobs for its growing population is […]
The International Air Transport Association (IATA) said on Wednesday Middle East airlines’ passenger traffic was boosted by 16% in April, more than double the global average. It also noted that international air passenger traffic rose 7.4% in April year-on-year while passenger demand registered a double digit increase in the second half of […]
A look at today’s important financial news and business updates from the Middle East region: UAE federal bankruptcy law to be ready by year end The UAE Justice Minister Hadef bin Juan al-Dhaheri announced on Monday the government is close to finalise an updated federal bankruptcy law and a draft […]
A look at today’s important financial news and business updates from the Middle East region: Etihad claims 3% stake in Irish flag carrier Reports coming from Ireland suggest Etihad Airways has formally acquired a 2.98% stake in Aer Lingus as part of its European expansion plans. Aer Lingus confirmed on […]
A look at today’s important financial news and business updates from the Middle East region: Dubai Airports reports 15.4% rise in March passenger traffic Dubai Airports, home to the world’s fastest growing airline Emirates, said passenger traffic registered an increase of 15.4% in March compared to a year earlier, thanks […]
A look at today’s important financial news and business updates from the Middle East region: UAE to introduce new laws banning exotic pet keeping The government of UAE announced on Tuesday it will be taking practical steps, including new legislation, to curb the practice of Emiratis owning exotic animals as […]
Qatar Airways launched on Tuesday an amazing three-day global sale to more than 100 destinations worldwide. Passengers from Doha and around the world can avail the special fares taking advantage of up to 25% off both Economy and Business Class prices. The round-trip fares are inclusive of all taxes and […]
UAE TO RELEASE FIRST GOLD COIN BY MARCH END The Dubai Multi-Commodities Centre (DMCC) announced the UAE’s first gold coin, bearing the portrait of President Sheikh Khalifa Bin Zayed Al Nahyan, will be available for distribution by the end of this month. “The coin will fill a gap in the […]
The UAE cabinet, chaired by Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ruler of Dubai, has approved plans that allow companies from across the GCC to open branches in the country with minimum paperwork and receive the same privileges that Emirati-owned firms […]
According to the UAE’s leading recruitment consultancies, hiring initiated by Abu Dhabi’s state-linked companies for the construction and competition of infrastructure projects would rein in staff redundancies. The Abu Dhabi developers particularly have been letting a lot of people go. But the lowest point in the cycle of construction has […]
Barclays bank announced it is willing to extend financing to the Government of Dubai if and when needed as it expects the emirate will support state entities help meet their debt obligations during this year. “We have a level of balance sheet to support Dubai Inc among other clients. We’re […]
Chief analyst at a global bank has termed the pegging of Gulf currencies with US dollar as unsustainable and damaging in the long term. David Bloom, global head of foreign exchange strategy at HSBC, said hard peg of GCC currencies to the greenback is unwise as the US is no […]
Qatar Airways and Airbus patched up their differences to seal a dramatic deal that confirmed the order for five A380 super jumbos and 50 A320neos along with another 30 options. Insiders said the deal stalled on the third day of Dubai Airshow over design and delivery bottlenecks. “A six month […]
Emirates Airlines, Dubai’s flag carrier, has placed a massive order and commitment with Boeing company for airplanes worth $26 billion at the Dubai Air Show. The agreement includes firm orders for 50 Boeing 777 jetliners valued at $18 billion, and the rest as options. The options include to buy 20 […]
Qatar Airways has added Libyan port city of Benghazi and Ugandan city of Entebbe as the two new destinations to its African portfolio. The two cities of Africa now make the total of 16 destinations that are covered by Doha-based Qatar Airways global network. Akbar Al Baker, CEO Qatar Airways, […]
Paris Air Show seems to go from strength to strength each day. The highlight of the show was definitely the Skytrax Awards. Skytrax Skytrax guarantee total transparency across the World Airline Survey process, and the awards operate on a not-for-profit basis – allowing real customers to make their own, honest […]
The first day of this years Paris Air Show sure was extraordinary and strange. The event is also shrouded in mystery. Mystery from Bombardier Inc. the world leading transportation manufacturer cancelled a booked morning news conference room, but by mid day afternoon scrambled to announce an order for 10 CSeries […]
Qatar Airways has purchased 35% stake in the Luxembourg freight carrier, Cargolux. The deal, according to the airlines, marks the beginning of a strategic partnership between two companies. For Qatar Airways, the move has helped them with their expansion plans in Europe, while it allows the state of Luxembourg to […]
