Tuesday 21 May 2013
 
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German

Kizad, Bauer sign 50-year lease agreement

Bauer International, part of the German multinational Bauer Group, and Khalifa Industrial Zone Abu Dhabi (Kizad), the industrial and logistics zone situated next to Abu Dhabi’s Khalifa Port, have signed a 50-year lease agreement.

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German tour operator plans Abu Dhabi sales workshop

  FTI Touristik, a market-leading tour operator for Germany, Austria and Switzerland, will bring 150 of its top selling German travel agents to Abu Dhabi this December for a sales appreciation incentive and educational workshop p

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Lufthansa posts big growth in Bahrain

  Lufthansa yesterday announced 2012 was the most successful year yet for the carrier in Bahrain.   The airline said more than 40,000 passengers chose to fly with Lufthansa to and from Germany and b

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Audi plans to double ME sales by 2020

German luxury car maker Audi plans to double its Middle East sales to at least 20,000 vehicles a year by 2020, helped by investment in showrooms and service centres, its local chief said. "It is the minimum target. You have t

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Bahrain sees record cruise tourists

Nearly 40,000 people have visited Bahrain since the start of the cruise tourism season, ploughing around BD2.2 million ($5.8 million) into the economy, said top tourism officials. The cruise tourism season runs from November to March an

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Qatar Airways files $600m suit against Lindner Depa

Qatar Airways is filing a $600 million legal claim against the contractor for a delay in opening a new international airport in Doha, it said in a press release on Saturday. Lindner Depa Interiors, a German-Dubai joint venture, ho

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End drawing close for Assad, says German spy

  Syrian President Bashar al-Assad's government is in its final stages and will be unable to survive as more parts of the country slip from his control, the head of Germany's foreign intelligence agency (BND) said.

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Top German firm launches Bahrain factory

  RMA, a leading German industrial firm, officially launched its new subsidiary company, RMA Middle East, at the Bahrain International Investment Park today.   The launch was attended by Dr Hassan F

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Deutsche to trim ME investment banking staff

Deutsche Bank is cutting several senior jobs in its investment banking business in Dubai, including directors, as it cuts costs to adapt to a tougher investment banking environment globally, three banking sources said. The German

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Europe shares hit new high on German ruling

  European shares climbed to their highest in nearly 14 months on Wednesday after Germany's Constitutional Court rejected complaints against the euro zone's new bailout fund and allowed its ratification under certain cond

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