Investors from Russia and the 11 other Commonwealth of Independent States (CIS) countries now represent more than 20% of potential homebuyers in Dubai with the average ticket size ranging from AED 2.5 million for individuals and AED 25 million for high-net-worth individuals (HNWIs), according to Dubai-based property consultants Mira Estate. Tamara Getigezheva, CEO & Partner, Mira Estate, said: “The real estate investor pool in …

Ethiopian Airlines, Africa’s leading carrier, commenced thrice-weekly passenger service to Washington DC via Lomé, Togo as of 01 June 2022. The new flight increases the frequency of Ethiopian Airlines’ flights to Washington DC to 10 from the existing seven weekly flights it operates via Dublin. The new flight is operated with B787-800 as per the below schedule. Flight number Frequency …

Malaysia has officially reopened its borders to international tourists starting 1st April 2022. Targeting to attract more than 2 million international tourists this year, Tourism Malaysia, the promotional board under the Ministry of Tourism, Arts and Culture (MOTAC), will embark on a continuous effort to showcase the country’s unique blend of “Truly Asia” heritage to the Middle East and the …

Emirates Flight Catering (EKFC) has entered into a partnership with Coca-Cola Arena. As the exclusive F&B partner of Dubai’s home of live entertainment, EKFC will provide a full range of catering and hospitality services including menu development, food production, logistics, as well as service staff for all events and conferences. Daniel Wells, Vice President – Commercial of EKFC, said: “We are proud to have earned the trust of Coca-Cola Arena and look forward to delivering best-in-class …

Shell Pakistan Limited (SPL) inaugurated its newly revamped integrated retail outlet, SPL Defence Service Station, located at Khayaban-e-Bahria in DHA Phase 5 Karachi. The new retail outlet has been reconstructed and equipped with Shell Recharge, an expanded Shell Select outlet and a bigger Shell Car Wash facility. The latest additions to SPL Defence Service Station cater to the evolving needs …

In line with the directives of the Executive Council of Dubai to implement initiatives aimed at preserving environmental sustainability and changing the behavior of excessive plastic use, Union Coop has announced limiting single-use plastic bags from July. “Consumers do not have to worry about anything as Union Coop will offer them several options instead of single-use plastic bags, including cloth …

he multi-year sponsorship agreement between Qatar Airways and Concacaf enters its second year, with the airline taking centre stage as the Presenting Sponsor for the 2022/23 Concacaf Nations League (CNL). The CNL presented by Qatar Airways is a premier international football competition of men’s national teams from North America, Central America, and the Caribbean. The CNL was founded in 2018 …

Indus Motor Company (IMC) on 28th May 2022 announced a landmark achievement of having produced one million vehicles since it began mass production back in 1993. The one millionth unit, a Toyota Corolla Grande, was lined off at the company’s plant at Karachi, amidst much fanfare. The celebration was attended by over 4,000 employees and representatives from Toyota, which included …

Emirates SkyCargo, a leader in the global airfreight industry, received delivery of a new Boeing 777F this weekend. This latest addition takes its dedicated 777 freighter fleet to 11 aircraft. From Boeing’s Paine Field in Seattle, A6-EFT headed to Hong Kong to pick up its first load before touching down on Saturday morning at its new home, Dubai World Central, …

Dubai Chamber of Commerce recently organised a webinar in collaboration with Afridi & Angell, which provided an opportunity for UAE businesses to learn about amendments made to the UAE Bankruptcy Law, as well as the latest rules and processes businesses should follow when filing for bankruptcy. The webinar was attended by 210 participants representing businesses operating in various economic sectors …