Friday 27 April 2018
 
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Savings

Dubai Airspace expansion allowed carriers to save over $14m

The Dubai airspace restructuring project, which was implemented last year, enabled carriers flying from Dubai International Airport to save a total of Dh53 million ($14.4 million) from their budgets. The project yielded astounding

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Audi saves $133m from employee suggestions

Audi implemented about 15,000 suggestions for improvements from employees in 2017, which led to savings of €108.6 million ($133.2 million) at plants in Ingolstadt and Neckarsulm, marking a rise of 23.4 per cent over the previous year.

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EGA employees’ suggestions lead to $9.8m savings

UAE-based aluminium major Emirates Global Aluminum (EGA) revealed that a record total of 34,419 ideas were submitted by individual employees through its suggestion scheme in 2017, generating Dh36 million ($9.80 million) in cost savings.  

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Pilotless planes can save the industry $35bn a year - report

The aviation industry can save $35 billion per year if it moves towards pilotless planes, a new report has revealed. According to a UBS analysis of the aerospace, airlines and logistics sectors, reducing the intervention of human

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Pilotless planes can save the industry $35bn a year: report

The aviation industry can save $35 billion per year if it moves towards pilotless planes, a new report has revealed. According to a UBS analysis of the aerospace, airlines and logistics sectors, reducing the intervention of human

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KFH-Bahrain announces winners of Libshara savings account

Kuwait Finance House - Bahrain (KFH-Bahrain) has announced the winners of ‘Libshara’ Savings Investment Account last raffle which was held at the Bank’s headquarter in the Bahrain World Trade Centre. Under the su

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DLD registration trustees offices net $12m in savings

Dubai Land Department (DLD) said the launch of the Real Estate Registration Trustees Offices has resulted in savings of Dh45 million ($12.2 million) annually through 18 offices across the emirate, reported state news agency Wam, citing

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Takaud launches new high-returns savings plan

Takaud, a specialist provider of savings, investment and pension solutions in the Mena region, has launched Tawfeer, a first of its kind savings plan in Bahrain and the GCC. Tawfeer provides retail customers with access to Takaud Bond S

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Grid inter-connectivity to net $33bn savings for GCC

Grid inter-connectivity between the GCC countries will generate $33 billion in investments, economic and energy savings for the bloc over the next 25 years, reported The Gulf Times, citing data from leading global consultant Dun & B

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Grid inter-connectivity to net $33bn savings for GCC

Grid inter-connectivity between the GCC countries will generate $33 billion in investments, economic and energy savings for the bloc over the next 25 years, reported The Gulf Times, citing data from leading global consultant Dun & B

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