Saturday 5 September 2015

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ME CARRIERS DRIVING GROWTH
Global air passenger traffic up 8.6pc in July

International air passenger traffic rose by 8.6 per cent in July compared to the same period last year, led by strong growth from Middle Eastern airlines, according to a report.

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1

HUNGARY BREATHES EASY
EU migrant crisis: Austria agrees to take in refugees

Over 1,000 people from the Middle East and Asia, exhausted after breaking away from police and marching for hours toward Western Europe, boarded scores of buses provided by Hungary and arrived before dawn at the Austria border.

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2

US AIMS TO IMPROVE TIES
Saudi Arabia welcomes Iran nuclear deal

Saudi Arabia is satisfied with assurances from US President Barack Obama about the Iran nuclear deal and believes the agreement will contribute to security and stability in the Middle East, a senior Saudi official said on Friday.

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3

INSIGHT
Automakers, Google take different roads to automated cars

From his laboratory at Pittsburgh's Carnegie Mellon University, automated vehicle pioneer Raj Rajkumar said self-driving cars will evolve step-by-step, with humans staying in charge for a long time to come.

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4

ANALYSIS
New approach to old alliance for Saudi King and Obama

Saudi Arabia's King Salman will meet US President Barack Obama on Friday, aiming to push him for more support in Riyadh's efforts to counter Iran after it agreed to a nuclear deal that will relieve Tehran of some international pressure.

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5

IMAGE OF THE DAY
UAE homage to bravehearts

Emirati soldiers carrying coffins of colleagues who died during the military operation 'Operation Restore Hope' under the Saudi Arabia-led Arab alliance in Yemen during the funeral ceremony at Al Bateen Airport in Abu Dhabi on September 5.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Damac launches four-tower project in Dubai

Luxury real estate developer Damac Properties has launched an exclusive four-tower project Viridis at its green lifestyle community Akoya Oxygen in Dubai, UAE.

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Retail & Wholesale
Finance & Capital Market

ODB to extend financing to more sectors

Oman Development Bank (ODB), a state-owned specialised bank for funding small and medium enterprises in Oman, is planning to extend its funding to more sectors including logistics, according to a report.

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Analysis, Interviews, Opinions

Automakers, Google take different roads to automated cars

From his laboratory at Pittsburgh's Carnegie Mellon University, automated vehicle pioneer Raj Rajkumar said self-driving cars will evolve step-by-step, with humans staying in charge for a long time to come.

More…
Industry, Logistics & Shipping

Boeing opens commercial spaceship plant

Boeing took the wraps off an assembly plant on Friday for its first line of commercial spaceships, which NASA plans to use to fly crews to the International Space Station, officials said.

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Travel, Tourism & Hospitality

Global air passenger traffic up 8.6pc in July

International air passenger traffic rose by 8.6 per cent in July compared to the same period last year, led by strong growth from Middle Eastern airlines, according to a report.

More…
IT & Telecommunications

Pacific Controls acquires 33pc stake in Inframon

Pacific Control Systems (PCS), a UAE-based leader of Internet of Things (IoT) and cloud services solutions, has acquired 33.33 per cent equity stake in Inframon, a UK-based IT cloud transformation company.

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Lifestyle

New BMW 3 Series to launch in Bahrain

Euro Motors, the official BMW Group importer in Bahrain, said the new BMW 3 Series will go on sale in showrooms across Bahrain this month.

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Motoring

CME opens Michelin Truck Service Center in Abu Dhabi

Central Motors & Equipment (CME), an automotive member of Al Fahim Group, and Michelin Tyres have opened the first Michelin Truck Service Centre (MTSC) as well as TYREPLUS centre in Abu Dhabi’s Industrial District of Mussafah.

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Media & Promotion

Etihad backs top Serbian racing event

UAE national carrier Etihad Airways has signed a joint agreement with AD Zobnatica and Air Serbia to sponsor a prestigious horse racing event, Prince Paul’s Cup – Zobnatica 2015 in the Balkan nation.

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Education, HR & Training

Bahrain to open three schools in new year

Three new schools – a primary intermediate girls’ school in Wadi Al Sail, an intermediate boys’ school in Hamad Town and an intermediate school for girls in Busaiteen – will be opened in the new school year.

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Miscellaneous

France mulls air strikes on Islamic State in Syria

France is considering conducting air strikes on Islamic State in Syria, joining an international coalition led by the United States, Le Monde said on its website on Saturday, quoting an unnamed "high level source".

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