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Nasser Judeh, Minister of Foriegn Affairs, Jordan, says, “We want the youth to be in touch with the heritage of the nation. The Emirates Group today announced its 28th consecutive year of profit and steady business expansion, ending the year with record profits, and in a strong position despite the global and operational challenges during this period. During the 2015-16 financial year, both Emirates and dnata achieved new capacity and profit milestones, as the Group continued to expand its global footprint, and strengthen its business through strategic investments.
The Group’s employee base across its more than 80 subsidiaries and companies increased by 13 per cent to over 95,000-strong representing over 160 different nationalities. In line with the overall profit, the Group declared a dividend of Dh2.5bn ($681 million) to the Investment Corporation of Dubai. Emirates received 29 new aircraft, its highest number during a financial year, including 16 A380s, 12 Boeing 777-300ERs and one Boeing 777F, bringing its total fleet count to 251 at the end of March. At the same time, nine aircraft were phased out, taking the average fleet age down to 74 months or approximately half the industry average of 140 months.
With significant currency devaluations against the US dollar and fare adjustments following the reduction in fuel prices, Emirates revenue dropped 4 per cent to Dh85bn ($23.2bn).
Overall passenger traffic growth continues to demonstrate the consumer desire to fly on Emirates’ state-of-the-art aircraft, and via efficient routings through its Dubai hub. Financing highlights include Emirates entering into a unique hybrid operating lease structure put together by combining German banks and institutional investors with Islamic debt in Murahaba format to fund an A380 aircraft. In Asia, Emirates continued to tap on the Japanese market for the Japanese Operating Lease (JOL) structure, and Japanese Operating Lease with a Call Option (JOLCO) on A380 and Boeing 777-300ER aircraft delivered during the year.
Revenue generated from across Emirates’ six regions continues to be well-balanced, with no region contributing more than 30 per cent of overall revenues.
In line with its customer-focused proposition, Emirates invested over Dh80 million ($21.9 million) last year to install and operate inflight connectivity across its fleet, which is now 70 per cent Wi-Fi enabled.
Emirates also opened new dedicated airport lounges in Tokyo Narita and Cape Town, taking the number of dedicated Emirates Lounges across the world to 39, having invested more than $352 million in its lounge programme since inception.
For 2016-17, Emirates has announced new routes to Yinchuan and Zhengzhou in China, Yangon in Myanmar and Hanoi in Vietnam, aside from capacity upgrades to existing destinations.
In addition to belly-hold capacity to Emirates’ new passenger destinations, Emirates SkyCargo increased freighter operations to Mexico City, and launched new freighter services to Ho Chi Minh City (Vietnam), Ahmedabad (India), Columbus (USA), Algiers (Algeria), and Ciudad Del Este (Paraguay).
Emirates’ hotels recorded revenue of Dh700 million ($191 million), an increase of 1 per cent over last year. In its 57 years of operation, 2015-16 has been dnata’s most profitable yet, crossing Dh1bn ($287 million) profit for the first time.
This substantial revenue increase of 16 per cent was achieved through organic growth, and bolstered by the first full year of Stella Group operations which dnata Travel acquired in October 2014 of the previous financial year, and airport operations in Australia which dnata fully acquired from its 50 per cent joint venture partner Toll in March 2015. Building on last year’s record levels of investment, dnata continued to lay the foundations for future growth by investing Dh585 million ($159 million) into developing its people, facilities, technology and new acquisitions. In line with revenue growth, the number of aircraft handled by dnata in the UAE increased 12 per cent to 211,000, whereas Cargo handling dropped by 6 per cent to 689,000 tonnes reflecting the cargo industry’s ongoing malaise.
The 15th edition of the Arab Media Forum was inaugurated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, in Dubai today.
After the formal inauguration, Mona Ghanem Al Marri, Director-General of the Media Office of the Government of Dubai and Chairman of Dubai Press Club, took to the stage for a welcome speech. She then invited on stage Princess Haya bint Al Hussein, wife of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, UN Messenger of Peace and Chairperson of International Humanitarian City.
Your Dubai cabbie may refuse to ferry you if you fail to buckle up the next time you take a ride.
Chauffeur cab booking service Careem says it has empowered its captains to refuse passengers who choose not to buckle-up. In short, if you refuse to buckle up, the company will choose not to provide an unsafe trip. The company is asking all of their customers to formally pledge to buckling-up and become advocates for road safety. Several campaigns in the UAE have previously highlighted the importance of buckling up in the back as well as installing child seats in order to reduce the risks of fatal injury. Even as a rear-seats’ seat-belt law has not yet been implemented in the country, it is the safest thing to do while travelling. Dubai Police has previously said that they found that the risk for children sitting in the back seat doubled because they rarely buckle up, with their parents believing that sitting in the rear would automatically protect them in case of an accident.
Dubai’s DP World is developing a new education programme for kids that could make them masters of global trade and shipping business. The global education programme aimed at students between the age group of 8 to 14 years will be introduced across the world where DP World is actively present and aims at educate about 34,000 students by 2020.
Announcing the project during the Arab Media Forum, Sultan Ahmed bin Sulayem, DP World Group CEO and Chairman, said the idea is to enable the development of skilled workforce who can go on to work for the global shipping and logistics industry.
The education programme is developed in coordination with Edcoms and has started as a pilot project in the UAE, India, Pakistan , Senegal and the UK from March.
Among the issues the programme will focus are a deeper understanding of the ports, its operations, various skillsets required to operate a port and its associated operations, maritime mathematics, green initiatives and also about illegal wildlife trade. The company staff will be responsible for liaising with local educational institutions to provide such trainings.
After trying several times to patch up with ex-boyfriend Ranbir Kapoor, Katrina Kaif now seems to have decided to finally move on. Katrina and Ranbir's unexpected split created quite a buzz in the industry and nobody saw it coming.
Now, it seems that the actress has well and truly put the break-up behind her and moved on in life.
Gossip website Pinkvilla quotes a source saying, "Katrina had stayed on after Ranbir packed his bags and left, perhaps in the hope that he would return. Rishi Kapoor and Neetu Kapoor stayed quiet for the longest time but in a recent interview his father confirmed the break-up.
There were rumours of Ranbir and Katrina refusing to fly overseas for the shoot, forcing director Anurag Basu to suspend the Moroccan schedule and create exotically designed sets in the city itself. England stars Joe Root and Jonny Bairstow warmed up for next week's first Test against Sri Lanka in record-breaking style as they shattered a host of Yorkshire records in their triple-century stand against Surrey on Monday.


Root finished the second day of the County Championship fixture unbeaten on 190, while Bairstow scored 198 as the pair put on a fourth-wicket partnership of 372 to help First Division champions Yorkshire reach 486 for five at Headingley.
Having joined forces at 45 for three early in the day's play, it took only 67 overs of blistering stroke-play from Root and Bairstow to etch their names into the Yorkshire record books. Eventually all but four of Yorkshire's top partnerships under any category were all surpassed in a dazzling display that must be heartening for England when they return to Headingley to face Sri Lanka next Thursday. Elsewhere in the Championship, Brett D'Oliveira made another piece of history for his famous family as Worcestershire took control against Glamorgan in the Second Division. The D'Oliveira trio are now the first grandfather, father and son to score first-class double centuries. The 24-year-old's impressive innings came just days after he recorded his maiden Championship ton.
Bomb experts will carry out daily sweeps at the Cannes film festival, opening this week under maximum security as France faces its highest ever terror threat, Interior Minister Bernard Cazeneuve said Monday. The glitterati, set to descend on the resort town as the festival opens Wednesday, will also have to tip open expensive handbags for inspection after climbing the red carpet into the main venue, the Palais des Festivals, which is to be secured by some 400 private security agents. Hundreds more police officers and specialised units will be on duty in the city, whose lure for the rich and famous makes it equally attractive to jewellery thieves and robbers. The 69th Cannes film festival comes six months after the attacks in Paris left 130 people dead, and France remains under a state of emergency.
Cazeneuve, who visited the city two days before it becomes the world movie capital for the two week cinematic extravaganza, said the stakes were high for security forces.
Just along the coast from Nice on the French Riviera, Cannes is home to 500 CCTV cameras, making it the most closely monitored town in France, said mayor David Lisnard.
He dismissed concerns that the tight security will throw a wet blanket over the parties, glitter and glamour of the event. Orlando television station WESH reported Sunday that 41-year-old Bryan Rohm was bitten on the thumb and taken to Orlando Regional Medical Center for treatment.
The Lake County Sheriff’s Office said Rohm and his son were on a boat Saturday and had a permit to hunt alligators. A Connecticut man has been arrested after authorities say he tried to bring martial arts weapons, including throwing stars, onto a plane in New York City.
The Transportation Security Administration says its officers stopped the man at a LaGuardia Airport checkpoint on Saturday after they detected weapons in his carry-on luggage. TSA says the New Haven resident was carrying a dagger and several other weapons, including three throwing knives, a traditional throwing star and an expandable throwing star, also known as ninja stars. Two Los Angeles police officers pulled over a speeding car on Mother’s Day to find a woman about to give birth and a frantic man behind the wheel. Police say Officers Maraea Toomalatai and Brian Armendariz escorted the couple to a downtown hospital Sunday. Over two-thirds (68 per cent) of the wills registered last year were executed by both husbands and wives, reflecting the importance placed on protecting mutual assets in Dubai. The remaining 30 per cent of the wills registered came from unmarried individuals, while two per cent were guardianship wills to safeguard children. These numbers highlight the increasing importance residents and people investing in Dubai place on having a will to plan succession as they see fit. The majority of W&PR registrants in the past year were UK nationals (30 per cent) and Indian nationals (27 per cent). This correlates with official figures of the largest groups of nationalities investing in Dubai real estate.
The value the DIFC Wills & Probate Registry brings to Dubai is also evident amongst different business stakeholders.
Police data showed the driving licences were suspended in the first quarter of 2016 after their holders committed serious road offences, including jumping the red lights. Emiratis came second, accounting for 27 per cent of the total, followed by other Arabs, with 26 per cent, according to the report.
Europeans and Africans emerged as the least offenders, accounting for only around one per cent respectively.
Driving licences suspended through 2015 totalled 292, about seven per cent below the figure in 2014, the report showed. Inflation in the UAE is set to drop this year compared to last year while GDP growth is likely to accelerate over the medium term due to expected recovery in crude prices, according to International Monetary Fund. The session focused on the negative stereotypes about Arabs fuelled by the ongoing socio-political turmoil in the Arab region, which has put the region under the global spotlight. During the opening session of the ongoing Arab Media Forum, journalists from the region spoke about prioritising news that puts people first – be it positive or negative stories. Egyptian writer Yasser Abdel-Aziz said media in the region is facing a shortage of professionals, which is why youth reporting or citizen journalism has come to the forefront.
Al Nughaimish added that social media reporting has become an integral part of a journalist’s job today, adding that media outlets need to recognise this and increase budgets to award those with creative ideas.
The session provided the speakers’ insights into the role that media plays and the real-world impact that it has. Amidst political, cultural, and economic upheaval in the region, the Arab media has an important role to play in addressing regional humanitarian issues and highlighting the work being done to tackle them. International speakers at the Forum include editors of global media and top management executives of news and social media groups. An Arab man is on trial in Abu Dhabi on charges of extorting nearly Dh19.3 million from 23 people by posing as an owner of a luxury car rent firm. The court was told that the man bought luxury cars from his victims to support his presumed fleet and paid them cheques with wrong signature. After buying those cars, he sold them to other dealers although he was already wanted by the police for fraud. A Court of First Instance had sentenced the man for one year in prison in absentia and ordered his deportation from the UAE. Blake Lively recently announced that she's expecting her second child with husband Ryan Reynolds. We are told that there is a fragment of womankind that loves to welter in the aftermath of a heart break.


The strong US dollar against major currencies will remain a challenge, as will the looming threat of protectionism in some countries,” he said. The airline increased capacity during the year by 5.5bn ATKMs, or 11 per cent over 2014-15. It also added services and capacity to 34 cities on its existing route network across Africa, Asia, Europe, the Middle East, and North America, offering customers even greater choice and connectivity. The average price of jet fuel fell during the financial year, supporting Emirates’ bottom line improvement.
Emirates also closed the first ever operating lease on an A380 financed entirely by the Korean institutional market through private placements with a group of non-bank financial institutions. Europe is the highest revenue contributing region with Dh24bn ($6.5bn), down 5 per cent from 2014-15.
The airline also launched revamped amenity kits for First and Business class customers, a new range of children’s toys and activity packs onboard, unveiled an enhanced fully-flat Business class seat for its 777-300ER fleet, and launched its two-class configured A380 featuring the largest personal inflight entertainment screens in Economy Class.
This year, freight yield per Freight Tonne Kilometre (FTKM) decreased sharply by 16 per cent, and was also impacted by the weakening of major currencies. The strong revenue rise accounts for the effect of the 80-day runway closure at Dubai International airport (DXB) which dampened revenue growth in the previous year. Dubai World Central now accounts for 24 per cent of dnata’s cargo handling activities in Dubai. The number of aircraft handled increased significantly by 63 per cent to 178,000, and Cargo noted a substantial growth of 46 per cent to 1.4 million tonnes of handled goods. The business delivered an Dh1.4bn ($379 million) cash flow from operating activities in 2015-16, which is an increase of 31 per cent from last year and also a new company record. I also noticed huge efforts from Arabs to differentiate between those who are harming Islam,” she said. In return, it has committed to rewarding all pledgers with 25 per cent discount on their next five rides.
Also, the rent had been paid for the next six months, so it made sense to continue and stay there, rather than moving out immediately after he left. Both the actors have reached the North African country and are working hard to complete the film. But before doctors could get to the mother-to-be inside the car, she gave birth to a healthy boy with the assistance of the other officer.
After GCC nationals, UK and Indian nationals invested Dh10 billion and Dh20 billion in 2015, respectively. The registry also fulfils a need among high-net worth individuals in Dubai,” said Suvo Sarkar, Senior Executive Vice President and Group Head of Retail Banking and Wealth Management at Emirates NBD.
They account for nearly 40 per cent of the 106 holders of driving licences seized by the traffic police in three months for exceeding the maximum 24-black point limit. The central bank actions to ensure adequate provisioning, phase in Basel III liquidity and capital requirements, and strengthen corporate governance are steps in the right direction and should be pursued,” Zeidane said in the note. Diversification requires stepping up structural reforms aimed at further developing the private sector, transitioning towards a knowledge-driven economy, and promoting export sectors. Speakers for the session included Saudi journalist Awad Al Fayyed, Kuwaiti writer Mohammed Al Nughaimish, and Egyptian writer and media consultant Yasser Abdel-Aziz.
The session zooms in on the disparity between various Arab media’s coverage of humanitarian crises in the region. For the rest of us who can’t wait to move on, we have some great heart mending advice. Get a new haircut:¬†Empirical evidence shows that a woman signals her readiness for a major change in her life when she gets a new hairstyle. This is the best time to pick up that list of things you’d like to do some day and pour all your heart and hurt and fury and frustration into it.
Keeping a personal diary is a great way to vent all the insecurities and anger and fear and resentment that you feel, without harming anyone.
At March 31, 2016, Emirates had 75 A380 aircraft in its fleet, serving one out of every four destinations on its passenger network.
During the year, dnata began operations at DXB’s new concourse D, with 3,000 staff trained to help customers transition to the new facilities. These results speak to the benefits reaped from the previous years’ investments in new international cargo handling facilities particularly in the UK. So, he sat down on the pavement with her, to wait with her for her parents to arrive,” she said. In my role as a member of media, I want to tell CEOs of media organisations, increase your budgets and utilise creative ideas to invest in social media mediums. But did you really think that I would visit the blog, read her posts, drop her a note about her Wodehouse-ish wit or Kafka-esque insights? So before you head for the cricket bat or get arrested for stalking him, here are some practical tips to help mend your heart.
Plan your weekends and free time – catch up on all the chick flicks and rom coms that he frowned upon, organize a Pajama Party or go on a weekend excursion. It’s also a fantastic opportunity to meet new people, and what better start to finding your soul mate than doing something you enjoy! Fuel is now 26 per cent of operating costs, compared to 35 per cent in 2014-15, but it remained the biggest cost component for the airline.
All the parties will be authorised, but, security must be taken care of," he told AFP. And she would reply in kind, one of us would invite the other for coffee, and we would soon become bosom buddies who would exchange notes on a myriad topics ranging from the best way to make prawn curry to how you are in bed? Don’t forget to practice your best grin for all the compliments you are going to receive and remember to book a table at the latest club in town. Go for a run, or better still, try kickboxing – imagine his face as you practice the punches and see yourself turn into a pro in a matter of days.



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