Oman Air launches new online miles redemption systemFlag carrier Oman Air has launched online redemption for its valued Sindbad members, enabling customers to spend their miles for flight tickets online. Until now, Sindbad members had to contact Oman Air’s loyalty team to get More… |
Gulf Air launches miles redemption promotionGulf Air, the national carrier of Bahrain, has brought back the popular half-price miles redemption promotion for its FalconFlyer members, following positive passenger feedback from a similar offer earlier this year. The promotion More… |
Emirates Skywards, Dubai Duty Free partner for Miles redemptionEmirates Skywards, the award-winning frequent flyer programme of Emirates airline, has partnered with Dubai Duty Free for instant Miles redemption at participating stores. Emirates Skywards members can spend their Miles at Dubai D More… |
Jafza to raise $1.85bn for redemptionDubai's Jebel Ali Free Zone (Jafza) plans to raise $1.85 billion towards the redemption of its $2-billion Islamic bond this year by issuing another sukuk and obtaining an Islamic financing facility, a source familiar with the plan said on Tuesday. More… |
Jafza seeks early $2bn sukuk repaymentDubai's Jebel Ali Free Zone (Jafza) is seeking consent from holders of its $2 billion-equivalent Islamic bond, or sukuk, for early redemption of the certificates, the company said in a disclosure to Nasdaq Dubai on Wednesday. The state-lin More… |
Bank rules out debt redemptionBahrain-based Gulf International Bank has said that its current intention is not to exercise the redemption option on its $400 million subordinated step-up floating rate notes due in 2015. The bank has the option to redeem the debt on the More… |