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EgyptAir Was Aware of Threats to Security, Including One Scribbled on Plane

By DECLAN WALSH, NOUR YOUSSEF and KAREEM FAHIM May 21, 2016 CAIRO — In an eerie coincidence, the EgyptAir jetliner that plunged into the Mediterranean on Thursday was once the target of political vandals who wrote in Arabic on its underside, “We will bring this plane down.” Three EgyptAir security officials said the threatening graffiti, which appeared about two years ago, had been the work of aviation workers at Cairo Airport. Playing […]

Libya says it wants warplanes to fight Daesh

Tripoli: Libya’s new unity government said Tuesday it wants warplanes and helicopters to fight terrorists as it hailed international support for lifting a longstanding embargo on weapons sales. International backing to lift the embargo, in place since 2011, is “fundamental to the creation of a strong army… capable of fighting the jihadist Islamic State group and other extremist groups”, Deputy Prime Minister Mussa Al Kony said. On […]

Solar Impulse 2 completes Arizona to Oklahoma leg

ABU DHABI // Solar Impulse 2 landed in safely in Tulsa, Oklahoma on Friday, completing the 11th leg of its round-the-world flight using only solar energy. Piloted by Swiss co-founder Bertrand Piccard, the 1,570-kilometre leg took 18 hours and 10 minutes. It was the project’s third mission flight this year after crossing the Pacific Ocean from Hawaii to California, and then from San Francisco to Phoenix, Arizona. […]

Gulf Arabs enter world of cuts and strikes

A cushy government job, cheap fuel, a mortgage-free home and a bit of five-star travel and luxury shopping were never too much to expect in the Gulf. Yet what previously was taken for granted in the oil-rich region is being replaced by something more familiar to the western world: spending cuts, taxation, a scarcity of jobs and even strikes. There’s discontentment among young populations rarely seen before […]

Airlines to stop flying over Middle East war zones

DUBAI // New routes will soon open up around conflict zones for flights across the Middle East in an aim to redesign and improve the region’s airspace. With crises raging in Syria and Iraq, commercial flights have been affected with longer routes and more heavier traffic on those routes to avoid war-zones. “The Civil Aviation Authority has weekly meetings to table issues between civilian and military aircraft […]

Burj Khalifa-topper to be Emaar, Dubai Holding JV

|By Arabian Post Staff| The proposed new Dubai landmark that will  surpass the Burj Khalifa in height will be implemented by a joint venture between Emaar Properties and Dubai Holding. The new project comes as Dubai developers continue to announce new schemes despite a softening real estate sector, with the Emaar-built Burj Khalifa expected to be usurped by a tower currently under construction in Saudi Arabia. While […]

Deadly explosions hit Brussels airport

At least one person was killed and several injured after two explosions occurred in the departure hall of Zaventem Airport in Brussels Tuesday morning. Gunfire was also reported. Shortly after, explosions were heard at Brussels train station, staff told the AFP. The airport was evacuated and all flights were suspended. Flights arriving at the airport were diverted. The incident occurred four days after the arrest in Brussels of […]

Mekka as most promising hotel investment market

|By Matein Khalid| It is no coincidence that the most profitable hotels on the planet are located in Makkah, the holiest city of Islam as the site of the Grand Mosque and the Kaaba. For fifteen centuries, Muslims have traveled to Makkah from all over the world for the Hajj and Umrah pilgrimages, making the city the highest source of inbound foreign visitors in Saudi Arabia. Makkah is […]

Dubai office rents stay stable

|By Arabian Post Staff| Stability in office rents in Dubai’s main markets persisted throughout Q1 2016 as a result of continued high demand from both international and domestic occupiers, according to leading real estate consultancy Cluttons. Showcasing the performance of 22 submarkets across the city in the first quarter of the year with the use of heat maps, Cluttons’ first office market bulletin highlights that, 13 submarkets […]

Saudi to further ease investment

Saudi Arabia may further ease restrictions on foreign ownership in the economy and overhaul one of the world’s most restrictive visa systems as the kingdom seeks to draw investors to help reduce its reliance on oil exports. The world’s biggest oil exporter is considering allowing foreigners to own 100 percent of a company in at least four more industries, Mohanud Helal, secretary general of the Economic Cities […]

Iran oil impact unparalleled

As Iran emerges from a decade of international sanctions, its Gulf Arab rivals are facing their toughest economic predicament since the global financial crisis. Governments across the six-nation Gulf Cooperation Council are taking unprecedented measures to counter the slump in oil prices, curtailing some of the world’s most generous welfare systems to plug widening budget deficits. In some countries, contractors are facing delays in government payments, while […]

Etihad replaces Jet Airways on two key US routes

|By Arabian Post Staff| Etihad Airways will replace the leased Jet Airways Boeing 777-300ER aircraft for its daily flight to and from San Francisco with its own Boeing 777-200LRs from April 25, 2016. The daily EY101 flight from Abu Dhabi to New York’s JFK airport and the return EY100 service will also see leased Jet Airways Boeing 777-300ER aircraft replaced by Etihad Airways Boeing 777-300ERs from June […]

Etihad bid to overturn German verdict

|By Arabian Post Staff| Etihad Airways launched fresh legal action in a bid to overturn a German court’s decision to revoke the approval for 29 of its codeshare flights with airberlin. Last week, the Administrative Court of Braunschweig decided that the German Ministry of Transport was entitled to reject the 29 Etihad Airways – airberlin codeshares, which had been approved only until 15 January 2016. As the […]

Iran warns Saudi of ‘divine’ retribution

Iran’s Supreme Leader Ayatollah Ali Khamenei said Saudi rulers will face repercussions after the kingdom executed an outspoken Shiite cleric. “The divine hand of revenge will take the Saudi politicians by the throat,” Khamenei, Iran’s highest authority, said on Sunday. Cleric Nimr al-Nimr “was neither encouraging people to armed protests, nor plotting secretly, all he did was to openly criticize,” said Khamenei, who frequently lashes out at […]

Dubai shows its true spirit

|By K Raveendran| Given Dubai’s fame as one of the most happening cities of the world, the international media attention to the New Year-eve fire at the Address Hotel was quite natural. At the same time, it did not escape the attention of the discerning that some sections of the media lost no opportunity to use the unfortunate incident to show things in a rather poor light. […]

Zuma protests: Indian family in the eye of storm

As South Africans endure their deepest economic crisis since 2009, it’s not just President Jacob Zuma they blame. There’s a family whose name is increasingly the target of protest: the Guptas. As tens of thousands marched in October in South Africa’s biggest wave of nationwide anti-government protests since the African National Congress came to power, one poster, broadcast on the nation’s television channels, captured the public anger: […]

Dubai enters a new phase of development

|By K Raveendran| With the new Public-Private Partnership law having come into being last month, Dubai is set to witness a new phase in its development, as private investments begin to flow into further development of the emirate’s infrastructure. This would mean the private sector directly getting involved in projects like airport expansion, extension of the Dubai Metro and similar infrastructure projects and sharing the risks in […]

BJP MAY BE SURELY AFTER POLITICAL RIVALS

BUT, CONGRESS CHIEF MUST EXPLAIN LAND GRAB CHARGES

By Nantoo Banerjee

One would expect a late Indira Gandhi’s daughter in law to show greater respect to her mother in law by respecting the democratic system and to judicial summons instead of loudly protesting against them in Parliament to stop its normal function. The massive land grab charges against the president and the vice-president of the party pending before the court need to be fought there legally and not in Parliament. Indira Gandhi fought her election perjury case in the Allahabad high court, which she lost in the end, instead of trying to stall Parliament proceedings using her party representatives. The Delhi high court has found substance in the massive land grab allegation against the Congress president, her son and associates. They were directed to appear before the trial court. Like good citizens, they should have

SME SECTOR TO PLAY A BIG ROLE IN JOBS CREATION

MODI GOVERNMENT HAS TO BOOST SKILL DEVELOPMENT

By K.R. Sudhaman

Prime Minister Narendra Modi announced from the ramparts of Red Fort on the Independence Day that the two mantras of his government’s economic strategy would be job creation and to tackle farmers’ woes. In a country, where 10-12 million enter job market every year, no government can ignore this fact and rightly Modi from the day he assumed office in May 2014, has been laying emphasis on job creation. This is all the more important as 65 per cent of the vast 1.25 billion population in the country are below the age of 35.

If India were to cash-in on this demographic dividend, it needed to give a fillip to labour intensive technology, infrastructure and micro, small and medium enterprises. The make-in-India campaign, the digital India coupled with Skill India launched by Modi is aimed at cr

Air Canada starts direct to Dubai

|By TAP Staff| With the departure of AC056, Air Canada inaugurated new service between Toronto and Dubai, the newest addition to its growing international network. The new route will be operated using Air Canada’s most modern aircraft, the Boeing 787-9 Dreamliner featuring its new cabin interior design with three classes of service, including its next generation, lie flat suites in International Business Class. “Air Canada is very […]

Space revolution hatching in a New Zealand paddock

AUCKLAND, New Zealand The next revolution in space, making humdrum what was long the special preserve of tax-funded giants like NASA, will be launching next year from a paddock in New Zealand’s remote South Island. The rocket launch range is not just New Zealand’s first of any kind, but also the world’s first private launch range, and the rocket, designed by Rocket Lab, one of a growing […]

Emaar 9-month net up 16%

|By TAP Staff| Emaar Properties  recorded a growth in net profit of 16 per cent for the first nine months (Jan to Sept) 2015 to AED 3.048 billion (US$ 830 million) compared to AED 2.622 billion (US$ 714 million) during the same period in 2014. Revenues for the first nine months of 2015 were AED 9.849 billion (US$ 2.681 billion), a growth of 25 per cent over […]

Qatar Air expands US footprint

Qatar Airways will extend its code-share partnership with JetBlue Airways Corporation to 29 destinations beyond Boston when it begins flying to the US gateway airport in March. The agreement will allow Qatar to sell tickets to cities including Austin, Cleveland, Denver, Tampa and Seattle under its own flight code, building on a deal that already allows the Gulf airline to market 32 JetBlue services out of New […]

Abu Dhabi sees oil at $60 next year

Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, according to the head of Abu Dhabi’s Department of Economic Development. Prices will probably be at $60 next year, after hitting bottom at $45, Ali Al Mansoori, the department’s chairman, said in an interview Sunday in the capital of the United Arab Emirates, the fourth-largest oil producer […]