Emirates says ‘Hello 2013’ offering attractive fares

Updated 28 December 2012
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Emirates says ‘Hello 2013’ offering attractive fares

Emirates, one of the world's fastest-growing airlines, is welcoming 2013 aboard by offering very attractive fares for quick-acting customers. Whether your New Year's resolution is to spend more time with family and friends or visit a dream destination Emirates' Economy Class deals, currently available for early bookers, offer something for everyone.
Emirates' Globalistas are being encouraged to fill their backpacks, pack their suitcases or grab their laptops and leap on a raft of Economy Class deals, which are currently available for early bookers.
The special fares apply to all 128 destinations across the Emirates' network when booked between Dec. 26 and Jan. 10 for travel from Jan. 18 to June 10.
Emirates Holidays, the airline's tour operating arm, is also offering great savings on all land arrangements including tours and excursions, hotels, transfers and car hire for bookings made during the same promotional and travel period. The Emirates Holidays offer is for travel out of the Kingdom of Saudi Arabia to over 100 destinations.
"With our excellent on board product and a long list of exciting destinations - from Buenos Aires and San Francisco in the west to Tokyo and Auckland in the east — there are already many reasons to experience Emirates," said Thierry Antinori, Emirates' EVP-passenger sales worldwide. "Now, we are injecting even more value into Economy Class fares, while giving a warm welcome to 2013. We urge customers to move quickly to secure seats at the best price," added Antinori.
Economy Class fares from Saudi Arabia start at SR 1,760 to Europe, SR 1,765 to the Far East and SR 1,260 to Africa.
Emirates' world has grown rapidly in 2012, with the launch of 15 new destinations, bringing new countries, cultures and experiences for customers to explore.


Iran rial plunges to new lows as US sanctions loom

Updated 24 June 2018
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Iran rial plunges to new lows as US sanctions loom

  • The dollar was being offered for as much as 87,000 rials, compared to around 75,500 on Thursday
  • The currency has been sliding for months because of a weak economy

DUBAI: The Iranian rial plunged to a record low against the US dollar on the unofficial market on Sunday, continuing its slide amid fears of returning US sanctions after President Donald Trump in May withdrew from a deal on Tehran’s nuclear program.
The dollar was being offered for as much as 87,000 rials, compared to around 75,500 on Thursday, the last trading day before Iran’s weekend, according to foreign exchange website Bonbast.com, which tracks the unofficial market.
Iran’s semi-official news agency ISNA said the dollar had climbed to 87,000 rials on Sunday from about 74,000 before the weekend on the black market, and several Iranian websites carried similar reports.
The currency has been sliding for months because of a weak economy, financial difficulties at local banks and heavy demand for dollars among Iranians who fear the pullout by Washington from the nuclear deal and renewed US sanctions against Tehran could shrink the country’s exports of oil and other goods.
The fall of the national currency has provoked a public outcry over the quick rise of prices of imported consumer goods.
Merchants at the mobile phone shopping centers Aladdin and Charsou in central Tehran protested against the rapid depreciation of the rial by shutting down their shops on Sunday, the semi-official news agency Fars reported.
A video posted on social media showed protesters marching and chanting “strike, strike!” The footage could not be authenticated independently by Reuters.
Hours later, Information and Communications Technology Minister Mohammad Javad Azari-Jahromi said on Twitter that he visited the protesting merchants.
“I will try to help provide hard currency for (mobile) equipment (imports),” Azari-Jahromi wrote, adding: “The merchants’ activity has now gone back to normal.”
Some of the US sanctions against Iran take effect after a 90-day “wind-down” period ending on Aug. 6, and the rest, most notably on the petroleum sector, after a 180-day “wind-down” period ending on Nov. 4.
The rial has weakened from around 65,000 rials just before Trump’s announcement of the US withdrawal in early May, and from 42,890 at the end of last year — a freefall that threatens to boost inflation, hurt living standards and reduce the ability of Iranians to travel abroad.
In an effort to halt the slide, Iranian authorities announced in April they were unifying the dollar’s official and black market exchange rates at a single level of 42,000, and banning any trade at other rates under the threat of arrest.
But this step has failed to stamp out the unofficial market because authorities have been supplying much less hard currency through official channels than consumers are demanding. Free market trade simply went underground, dealers said.