Thursday 24 April 2014
 
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Dallas

Bahrain bank acquires $250m US property

International Investment Bank (IIB), a Bahrain-based Islamic investment bank, has acquired a $250 million, 2,400 unit multi-family residential portfolio with Atlas Residential Management. The Class A portfolio was acquired from Da

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Etihad announces direct flights to Dallas

UAE national carrier Etihad Airways has announced plans to launch direct flights to Dallas Fort Worth, Texas, the airlines’s fifth US destination. The addition of the new ultra-long haul three flights a week service, which w

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Al Baraka chief wins top US banking award

Adnan Ahmed Yousif, president and chief executive of Al Baraka Banking Group and chairman of the Union of Arab Banks was recently awarded the “2012 Lariba Award for Excellence in Achievement” in Dallas. The award was bestowe

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Dubai, Dallas ink free zone deal

Dubai Airport Freezone Authority (DAFZ) said it has signed a MoU with the Dallas/Fort Worth (DFW) International Airport, operator of the DFW Airport Foreign Trade Zone thus creating a framework for a collaborative alliance between t

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Emirates expands N American cargo ops

Emirates SkyCargo, the freight division of Emirates, the leading international airline of the UAE, is expanding its North American operation, increasing trade opportunities between US businesses and its global network. After the launch of

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Emirates launches service to Dallas

Dubai-based Emirates, one of the fastest growing airlines in the world, launched its new service from Dallas/Fort Worth to Dubai yesterday. It is the fifth gateway for Emirates in the US, and the fourth new route to join the airline's inte

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AT&T gives up on $39bn bid for T-Mobile USA

AT&T has dropped its controversial $39 billion bid for Deutsche Telekom's US wireless unit, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives.        AT&

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Southwest places 150 orders for 737 Max planes

Boeing and Southwest Airlines have announced a firm order for 150 fuel-efficient 737 Max airplanes. The airline has also ordered 58 next-generation 7737s. It is the first customer to finalise an order for the 737 Max and the launch custome

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Emirates to launch new US flights

Dubai carrier Emirates said it plans to launch non-stop daily flights to two new US destinations - Dallas-Fort Worth and Seattle-Tacoma - starting from next year. Both services will be operated by Boeing 777 aircraft offering the highest s

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ARSD signs $79m deal for Saudi mine

Arabian American Development (ARSD) has signed a three-year, $79 million contract with China National Geological & Mining Corporation (CGM) for the operation of the surface works of the Al-Masane Al-Kobra (Amak) mine. This contract is

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