Sunday 24 June 2018
 
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Redemption

Oman Air launches new online miles redemption system

Flag carrier Oman Air has launched online redemption for its valued Sindbad members, enabling customers to spend their miles for flight tickets online. Until now, Sindbad members had to contact Oman Air’s loyalty team to get

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Gulf Air launches miles redemption promotion

Gulf Air, the national carrier of Bahrain, has brought back the popular half-price miles redemption promotion for its FalconFlyer members, following positive passenger feedback from a similar offer earlier this year. The promotion

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Emirates Skywards, Dubai Duty Free partner for Miles redemption

Emirates Skywards, the award-winning frequent flyer programme of Emirates airline, has partnered with Dubai Duty Free for instant Miles redemption at participating stores. Emirates Skywards members can spend their Miles at Dubai D

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Jafza to raise $1.85bn for redemption

Dubai's Jebel Ali Free Zone (Jafza) plans to raise $1.85 billion towards the redemption of its $2-billion Islamic bond this year by issuing another sukuk and obtaining an Islamic financing facility, a source familiar with the plan said on Tuesday.

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Jafza seeks early $2bn sukuk repayment

Dubai's Jebel Ali Free Zone (Jafza) is seeking consent from holders of its $2 billion-equivalent Islamic bond, or sukuk, for early redemption of the certificates, the company said in a disclosure to Nasdaq Dubai on Wednesday. The state-lin

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Bank rules out debt redemption

Bahrain-based Gulf International Bank has said that its current intention is not to exercise the redemption option on its $400 million subordinated step-up floating rate notes due in 2015. The bank has the option to redeem the debt on the

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