Emirates signs $15.1b order for 40 Boeing planes

November 13, 2017 7:50 am0 comments
Emirates signs $15.1b order for 40 Boeing planes

The delivery for 40 787-10 Dreamliners to begin 2022 onwards Dubai, Nov 13 – Emirates on Sunday signed a $15.1 billion (in list prices) commitment to buy 40 Boeing 787-10 Dreamliners. Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and CEO of Emirates Airline and Group, […]

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Dubai Airshow opens wish rush of orders

7:48 am0 comments
Dubai Airshow opens wish rush of orders

Emirates signed a deal with Boeing worth some $15.1 billion for 40 787 Dreamliners Dubai, Nov 13 – His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, officially opened the 15th Dubai Air Show on Sunday morning, touring the various stands […]

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Gulf Air signs $1.9 billion purchase agreement

7:28 am0 comments
Gulf Air signs $1.9 billion purchase agreement

Manama, Nov 13 – Gulf Air, the Kingdom of Bahrain’s national carrier, and CFM International have today signed an agreement for the purchase of 58 LEAP-1A engines to power 17 Airbus A321neo and 12 A320neo aircraft and an additional 7 spare engines to support the operation. The firm engine order is […]

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GFH records net profit Q 3 of US$87.23m

7:23 am0 comments
GFH records net profit Q 3 of US$87.23m

Manama, Nov 13 – GFH Financial Group (“GFH”) announced a net profit attributable to shareholders of US$87.23 million for the nine months of the year ended 30 September 2017, representing a 2108% increase from US$3.95 million in the first nine months of 2016. The Group reported a consolidated net profit of […]

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Twitter purists rage at end of 140 characters

November 9, 2017 8:19 am0 comments
Twitter purists rage at end of 140 characters

Hashtags including #140forlife trending on social media platform following decision to double character allowance Washington, Nov 09 – It was a sad day for Twitter purists, dismayed that the 140-character limit restricting users on the social media platform to crisp, succinct posts had been doubled to a gaudy 280. And they […]

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UAE’s VAT on gold jewellery will be on the entire piece

8:17 am0 comments
UAE’s VAT on gold jewellery will be on the entire piece

This could entail additional cost of Dh7-Dh8 per gram for shoppers in the VAT era Dubai, Nov 09 – The VAT (value-added tax) on gold jewellery will likely apply to the entire piece, which effectively means an additional payout of Dh7-Dh8 a gram at today’s prices, according to industry sources. But […]

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