Hainan Airlines to add new routes to Abu Dhabi this summer

whatsonsanya - Saturday 25th May, 2013

The companies, which handle in-flight catering services, ground handling and cargo operations, are being incorporated, subject to regulatory approvals, into Etihad Airport Services, a unit of Etihad Airways. It comes as Abu Dhabi Airports Company (Adac) is predicting a 15 per cent increase in the number of flights over the peak summer period, between May to August, compared with last ...

Abu Dhabi plans desert park around Meyzad Fort

AME Info - Saturday 25th May, 2013

Abu Dhabi Tourism and Culture Authority (TCA-Abu Dhabi) has unveiled a plan to develop a desert park around Mezyad Fort, Gulf News has reported. The project aims to develop a luxury hotel and oasis spa and to restore the severely degraded desert land into a park to display the area's natural diversity of flora and fauna, archaeological sites and natural beauty. The hotel and oasis spa will ...

Abu Dhabis General Holding plans IPO

AME Info - Saturday 25th May, 2013

Abu Dhabi-based General Holding Corp (Senaat), which has nearly $7bn in assets, has approached banks with a proposal for a potential share listing, as part of plans to spur listings on the local stock market, Reuters has reported, citing three sources familiar with the matter. "The Abu Dhabi stock market needs a kick start with a big listing. Somebody has to take the initiative as the ...

Fitch Clasifica en F1+A+ Nueva Linea de Efectos de Comercio de Gasco. Outlook Positivo

Fitch Ratings - Friday 24th May, 2013

U.S. prime money market funds (MMFs) increased their exposure to eurozone banks in April. However, even at 15.1%, asset allocations to these institutions remain well below 2011 levels, according to Fitch ...