Qatar Airways Cargo has announced it will launch a new freighter route to Dallas/Fort Worth commencing operations on January 19, 2016, increasing its network to six freighter destinations in the Americas. A Qatar Airways Cargo Boeing 777F will fly two times a week to Dallas from Liege. In total Qatar Airways Cargo provides service to 13 destinations in the Americas, with additional upload provided in the belly hold of the airline's commercial aircraft. The new dedicated freighter service to Dallas will increase the 400 tonnes of export cargo capacity per month, currently transported as belly hold cargo on Qatar Airways passenger services, to 1,000 tonnes of exports a month. Import capacity...
The emirate of Abu Dhabi's crude oil output rose to 1.002 billion barrels in 2014, up by 5.251 million barrels year-on-year, according to fresh statistics. Approximately 808.1m barrels, comprising 80.6 per cent of the total production, were exported, the figures released by the Abu Dhabi statistics centre reveal. In 2014, average prices fell 5.2 per cent to $103.49 a barrel compared with $109.2 in 2013, while average daily output reached 2.76m barrels and exports averaged 2.21m barrels. Refined oil production in 2014 inched up by roughly 0.7 per cent to 21.657bn metric tonnes, compared with 21.516bn metric tons in 2013, while refined oil products exports accounted for about 40 per...
GRIP Machinery and Reliability Services confirms their participation at the GCC's leading showcase in Industrialization. The annual showcase of some of the GCC's most prominent industrial companies will take place from the 9th 11th of February 2016 at the Bahrain International Exhibition and Convention Centre, under the Patronage of HRH Prince Khalifa bin Salman Al Khalifa, Prime Minister of the Kingdom of Bahrain. GRIP Machinery and Reliability Services based in Bahrain is widely recognized as one of the GCC's leading contractors of electro-mechanical fabrication and renovation as well as providing services and equipment to companies involved in oil, gas, drilling, power...
Stock markets in the Arab world continue to slide as crude oil prices hit new lows. Abu Dhabi fell back after a slight gain in the early trade. The General Index was trading 0.05per cent lower at 1335. Saudi Arabia's Tadawul All Share Index fell 0.04 per cent with petrochemical industries dropping 0.39 per cent. European benchmark Brent crude fell to an 11-year low on Monday (December 21) in response to the market conditions that emerged after the lifting of the US ban on petroleum exports last week. As of 09:05 GMT, Brent blend was trading at $36.05 a barrel, its lowest level since 2004, while US benchmark West Texas Intermediate was at $34.43. In a historic move, US senators...
As part of its vision in spreading hope within the fabric of society, Nahdi, the largest pharmaceutical retailer in the Middle East and North Africa, has launched Wazen, a competitive program that aims to create a healthy community and encourage a balanced lifestyle in the community. Initially an internal program crafted for Nahdi employees, Wazen was first launched in 2014 as part of the company's efforts to continuously improve the working environment and raise awareness for health and wellness, while tackling two major issues, obesity and diabetes. With the success of the program, and the aim to spread wellness from inside out, Nahdi launched Wazen to the rest of the community...
Oman Air is celebrating major success at the prestigious World Travel Awards 2015. For the second year in a row, the national carrier of the Sultanate of Oman has won the World's Leading Airline Economy Class 2015' title. And in a move which confirmed the the attention to detail for its premium customers, the airline's lounge at Muscat International Airport was also named World's Leading Airport Lounge Business Class 2015'. The awards were presented at a dazzling red-carpet Gala Ceremony, held at the Mazagan Beach & Golf Resort in El Jadida, Morocco, on 12th December. Welcoming the accolades, Oman Air's Chief Executive Officer, Paul Gregorowitsch, said: We...