Turkish Airlines to Open Five Lounges at the New Istanbul Airport
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- Category: Corporate World
With the completion of “Great Move” to its brand new home base, Istanbul Airport, one of the most significant cornerstones of the Turkish aviation history, Turkish Airlines will open five passenger lounges available for Business Class, Miles & Smiles Elite Plus & Elite, Star Alliance Gold and Corporate Club passengers.
KIA TELLURIDE OFFERS RUGGED LUXURY
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- Category: Technology
Large, bold, capable and comfortable, the midsize Kia Telluride SUV opens the door to exploring in a whole new way. The new Telluride is all about big skies, desert roads, mountain passes, shady forests, smooth highways, and long coastal drives.
Volker Hellberg succeeds Thomas Dreiling as Country CEO of thyssenkrupp Industrial Solutions in Saudi Arabia
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- Category: Corporate World
thyssenkrupp has appointed Volker Hellberg as the new Country CEO of thyssenkrupp Industrial Solutions in Saudi Arabia. Volker Hellberg has a long track record in the Middle East and has been with thyssenkrupp since 2015. He succeeds Thomas Dreiling who moves to Germany as Head of the Operating Unit Cement Plants.
MINISTRY OF COMMUNITY DEVELOPMENT, ETIHAD AIRWAYS AND ABU DHABI AIRPORTS PROVIDE SENIOR EMIRATIS WITH EXCLUSIVE BENEFITS
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- Category: Government
The Ministry of Community Development and Etihad Airways, the national airline of the UAE, have signed a memorandum of understanding (MoU) to launch the Etihad Senior Emiratis Basma Programme, which offers UAE nationals over the age of 60 an exclusive programme of benefits when flying with the airline. Etihad has also signed an agreement with Abu Dhabi Airports to provide Basma members with a range of added benefits from the Capital’s airport.
Singapore Emerald Auction Results
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- Category: Corporate World
Gemfields is pleased to announce the results of an auction of higher quality rough emeralds held in Singapore from 14 – 17 May 2019. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia). The proceeds of this auction will be fully repatriated to Kagem in Zambia, with all royalties due to the Government of the Republic of Zambia being paid on the full sales prices achieved at the auction.
Financial Markets Tribunal upholds the DFSA’s withdrawal of Royal Shield Ltd’s licence
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- Category: Corporate World
The Financial Markets Tribunal (FMT) has affirmed a decision by the Dubai Financial Services Authority (DFSA) to withdraw the licence of Royal Shield Ltd to carry on Financial Services in or from the Dubai International Financial Centre (DIFC). The DFSA withdrew the licence on the grounds that the firm is no longer fit and proper to hold the financial services licence. The firm disputed the DFSA’s original decision and referred it to the FMT for review. In a decision dated 8 May 2019, the FMT dismissed the reference and affirmed the DFSA’s decision.
MOHAP Reinforces UAE as an attracting destination to Internationally Pioneer Visiting Consultants
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- Category: Government
Dr. Sultan Sharif, Director of the MoHAP’s Visiting Consultants Office, revealed that the satisfaction rate of patients who received their treatment at the Ministry’s hospitals after implementing Visiting Consultants Program exceeded 90%. This comes in parallel with an increase of 51% in the number of visiting consultants from 2017 to 2018.
SWIFT trials instant cross-border gpi payments through TIPS
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- Category: Corporate World
SWIFT today announces that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform.