Tuesday 6 December 2016
 
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Redemption

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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