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All-New Ford GT Earns First Competitive Victory at Laguna Seca via EcoBoost Fuel Economy

  • Masterful fuel economy from Ford EcoBoost engine and pit strategy propel Ford Chip Ganassi Racing to its first win
  • First victory for the all-new Ford GT, less than one year after race car first turned a wheel
  • Indianapolis-based half of Ford Chip Ganassi Racing now enters Le Mans with momentum from victory

DEWA launches year-long Reading is Positive Energy exhibition at Zabeel Park with Mohammed bin Rashid Al Maktoum Foundation

Dubai Electricity and Water Authority (DEWA), in cooperation with the Mohammed bin Rashid Al Maktoum Foundation (MBRF), has launched the Reading is Positive Energy exhibition at Zabeel Park in Dubai. The move is part of DEWA’s efforts to support the directives of HH Sheikh Khalifa bin Zayed Al Nayhan, President of the UAE, who declared 2016 as the Year of Reading and was approved by the UAE Cabinet under the leadership of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Air Arabia reports strong first quarter net profit of AED114 million, up 34%

  • Results exceed analyst expectations
  • Turnover increases 7 percent to AED946 million
  • Passenger numbers up 17 percent to 2.1 million 

Air Arabia PJSC today reported strong financial results for the first quarter of 2016 exceeding analyst expectations as the Middle East’s first and largest low cost carrier continued to deliver outstanding performance and attract new customers.

AL-MAWARID Bank reveals its 2016 business strategy

During its annual lunch gathering

AL-MAWARID Bank reveals its 2016 business strategy

Celebrating its success and progress, AL-MAWARID Bank held its annual lunch at Movenpick Hotel in Beirut, gathering the Bank’s Chairman – General Manager, Mr. Marwan Kheireddine, the board of directors, top management and employees.