Premium air travel for markets connected to the Middle East had witnessed a gradual climb over recent months but took a dip in June due to the timing of Ramadan, which started in June this year, said a report.
The holy month tends to su
Dubai-based Union Insurance Company has reported a 12 per cent increase in gross insurance premium during the first half (H1) of the year, reaching Dh331 million ($90 million) as against Dh295 million during H1 2014.
Saudi National Insurance Company (SNIC) has reported a 38 per cent increase in gross written premium at BD15.42 million ($40.88 million) for the first six months of the year, compared with BD11.2 million for the same period last year. In line
Premium air traffic through the Middle East increased over the recent months, with international travel to Africa and Europe jumping 22.8 per cent and 7.1 per cent respectively, in May.
Furthermore, premium travel to the Far East also r
The Middle East crude market strengthened further, with DME Oman rising to its highest premium in more than six months against Dubai swaps.
Dubai's strength also closed its gap with global benchmark Brent t
UAE’s Etihad Airways has launched an exclusive Twitter account to engage with Gold and Platinum members of its frequent flyer programme – Etihad Guest.
The Etihad Premium Twitter channel provides a dedicated online tou
Premium air traffic through the Middle East increased rapidly on long-haul routes, as international travel to Europe and the Far East went up 7.5 per cent and 6.6 per cent in March respectively, despite a broadly flat performance globally.
UAE-based Union Insurance Company has posted a 24 per cent increase in gross insurance premium, amounting to Dh172 million ($46.8 million) for the first quarter (Q1) of the year compared to Dh139 million for the same period last year.
Trust Re, a reinsurance company based in Bahrain achieved gross written premium of $452.6 million during the financial year 2014, as against $398 million in the previous year, marking a growth of 13.7 per cent.
The Group’s p
Infiniti has raised the curtain on its vision of a premium sports coupe, ahead of the 2015 North American International Auto Show (NAIAS) in Detroit, US on January 13.
The striking Q60 Concept is poised to entice coupe fans with i