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in organisations-operatorsAbu Dhabi Airports Inks Agreement with the Federal Authority for Identity Citizenship and Customs
Abu Dhabi Airports, the operator and manager of the emirate’s five airports, has recently signed an agreement with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), to boost service quality and enhance passenger experience.
AD Airports signs a SLA with ICP – 1The agreement stems from Abu Dhabi Airports and ICP’s keenness to adopt best practices in areas of security, safety and air transport. This partnership aims to achieve the highest levels of service excellence at all terminals and facilities of Abu Dhabi Airports.
The service agreement was signed by of HE Major General Saeed Salem Balhas Al Shamsi, Executive Director of the General Directorate of Residency and Foreigners Affairs in Abu Dhabi, and Shareef Hashim Al Hashmi, CEO of Abu Dhabi Airports, in the presence of Brigadier General Mohamed Ahmed bin Abbad Al Hameli, Director of Air and Sea Ports Department.
Commenting on the agreement, H.E. Major General Saeed Al Shamsi, Executive Director of the General Directorate of Residency and Foreigners Affairs in Abu Dhabi, stated that this agreement is a testament of a long-standing journey of joint efforts and collaboration with Abu Dhabi Airports and various entities related to the authority’s services provided through the Department of Air and Sea Ports. He highlighted that the authority is leading the mission of enhancing travel procedures of passport checking and passenger transit procedures in alignment with the highest service quality standards, leveraging state-of-the-art technologies and systems to verify travel documents and entry permits for departures and arrivals, especially through smart gates and electronic service stations.
He added that the signing of this agreement reflects mutual interest to advance work mechanisms, highlight potential collaboration areas and reinforce commitment by a unified vision that instills a culture of service excellence.ADVERTISEMENTShareef Hashim Al Hashmi, CEO of Abu Dhabi Airports, said: “Our agreement with the Federal Authority for Identity, Citizenship, Customs and Port Security is a reflection of the continuous collaboration with strategic partners to enhance the business ecosystem and improve passenger experience at Abu Dhabi airports in a way that embodies the wise leadership’s vision to provide distinguished services to travelers, which contributes to strengthening Abu Dhabi’s position as a leading global destination.”Older
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in organisations-operatorsStrong second quarter propels DXB’s H1 traffic to 27.9m passengers
A steady surge of growth throughout the second quarter has propelled Dubai International’s (DXB) half yearly traffic to 27.9 million passengers, just 1.2 million shy of the airport’s total annual traffic last year. DXB achieved the milestone despite a significant reduction in capacity resulting from the 45-day closure of its northern runway in May-June for a major refurbishment project.
Key Figures
Maintaining its growth recovery for the ninth successive quarter since the start of the pandemic, DXB recorded 14.2 million passengers in the second quarter of 2022, a year-on-year jump of 190.6%. The hub welcomed a total of 27,884,888 passengers in the first half of the year, up 161.9% compared to H1 2021. The traffic volume represents 67.5% of DXB’s pre-pandemic passenger traffic during the same period in 2019.
Top Destinations
India remained DXB’s top destination country by passenger numbers with traffic for the first half reaching 4 million passengers – driven primarily by top city destinations such as Mumbai, Delhi, and Hyderabad. Saudi Arabia was second on the list with 2 million passengers, followed closely by the United Kingdom with 1.9 million passengers. Other country destinations of note include Pakistan (1.7 million passengers), and the U.S. (1.4 million passengers).ADVERTISEMENTThe top three cities were London with 1.3 million passengers, Riyadh (910,000 passengers), and Mumbai (726,000 passengers).Older
EMAAR SIGNS A DEAL WITH DUBAI HOLDING TO FULLY ACQUIRE DUBAI CREEK HARBOURNewer
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in organisations-operatorsEMAAR SIGNS A DEAL WITH DUBAI HOLDING TO FULLY ACQUIRE DUBAI CREEK HARBOUR
Emaar Properties announced it would fully acquire Dubai Creek Harbour, the major development located along the historic Dubai Creek waterfront, from Dubai Holding for a consideration of AED 7.5 billion to be paid equally in cash and shares of Emaar Properties PJSC, thus making Dubai Holding the second largest shareholder of Emaar.
Emaar recorded sales of AED 4.2 billion in 2021 and AED 3.6 billion sales in Dubai Creek Harbour in the first half of 2022. Dubai Creek Harbour has approximately 100 million sq. ft of future development which will provide future profit potential to Emaar.
A spokesperson of Emaar said: “The purchase agreement with Dubai Holding represents another important achievement in Emaar’s rich history as we continue to expand our strategic land bank and build sustained value for our shareholders. We are determined to support the Government’s vision for sustainable urban development in Dubai while providing a redefined experience for residents and visitors.”
A spokesperson of Dubai Holding said: “We are pleased to announce the sale of Dubai Creek Harbour to Emaar, subject to finalisation. This is a landmark transaction that benefits both parties. As joint venture partners, we have created meaningful value in Dubai Creek Harbour, and the transaction represents a significant monetisation for us. We look forward to our investment in Emaar as a reference shareholder and the diversification benefits it offers, and we are confident that Dubai Creek Harbour will continue to reach greater heights and success.”Older
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in organisations-operatorsDubai Mall owner Emaar to discuss selling its e-commerce business
The board of Dubai’s Emaar Properties (EMAR.DU), which owns the Dubai Mall, will meet on Thursday to discuss the sale of its e-commerce fashion business, the company said on Monday.
The meeting, disclosed in a statement, will be held a week after Emaar announced a $2 billion cash and stock buyout of a joint venture partner in one of its real estate projects.
Emaar, known for building the world’s tallest tower, the Burj Khalifa, and other iconic parts of Dubai, bought Namshi for a total of $281 million after first acquiring a 51% stake in 2017 before buying the remaining 49% in 2019.Older
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