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.
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
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.
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.
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