Flynas receives first Airbus 330 plane as part of fleet expansion

Updated 20 May 2014
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Flynas receives first Airbus 330 plane as part of fleet expansion

King Khaled International Airport (KKIA) witnessed last week the arrival of the first Airbus 330 aircraft to join the flynas fleet. The aircraft was received by key executives from the airline headed by Bander Al-Mohanna, deputy group CEO-NAS Holding, Raja Azmi, flynas CEO, and Wael Al-Sarhan, director of marketing and communication, along with key officials from KKIA and members of the press.
The wide body aircraft has various key features, including a capacity of 327 seats comprising 12 Business class and 291 Economy class. In addition, flynas unveiled its new Economy Plus cabin of 24 seats. The new aircraft has a unique interior design and offers entertainment features to ensure a comfortable journey for all flynas guests.
Azmi stated that his team is in a challenging marathon to achieve the company’s objectives in becoming a global airline providing the best services as well as ensuring smooth and comfortable travel for all.
Azmi added that this type of aircraft was required as part of the global flights program, flynas’ 2014 project to expand to long-haul destinations. The Airbus 330 offers advanced technical features and the ability to fly up to 12,500 km continuously.
The Airbus A330 has a luxurious business cabin offering its guests spacious 60 inch flatbed seat, in addition to other features such as in-flight entertainment. Economy class Guests will also enjoy comfortable seats with a 32 inch pitch and in-flight entertainment.
Discussing the experience which will be offered onboard the Airbus 330, Wael Al-Sarhan, director of marketing and communication, said: “flynas promises a unique and distinct experience onboard this type of aircraft, which will contribute in providing various features for all customer segments, in addition to fulfilling the increasing demand in air transport in the Kingdom via the global flights program on flynas.


ADIB becomes first bank to join UAEIIC

Updated 23 June 2018
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ADIB becomes first bank to join UAEIIC

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has joined the UAE International Investors Council (UAEIIC), making it the first bank in the UAE to become a member in the council. This comes following an approval from the board of directors of the UAEIIC, headed by Sultan bin Saeed Al-Mansoori, UAE minister of economy.

Through this membership, ADIB will join government decision-makers, locally and internationally, with the support of the UAE’s minster of economy, to help remove obstacles, strengthen foreign investment relations and support sustainable economic development.

Khamis Buharoon, vice chairman and acting CEO at ADIB, said: “We are proud to be the first bank to join the UAE’s Investors Council. We are also committed to the development of Emirati investments, which are critical to economic diversification and the UAE’s global economic competitiveness. Important measures have already been taken to secure support and protection and to overcome any challenges faced by Emirati investors abroad, and we look forward to playing an instrumental role in building on these efforts.”

He added: “The establishment of the UAE International Investors Council forms part of broader efforts to advance economic diversification policies that complement the expansion and growth of the UAE’s private sector as well as create a favorable environment that supports national companies investing abroad. The council provides a vital link between investors interested in promising opportunities available in countries with close ties to the UAE and governmental and semi-governmental entities to streamline the investment process. It also serves as a pillar for ensuring the protection of UAE capital abroad through advice, guidance, and logistic support.”

Jamal Saif Al-Jarwan, secretary-general of the Emirates Council for overseas investors, said: “We have the honor to join Abu Dhabi Islamic Bank as an active member of the council, which contributes to enhancing the role of the council’s working environment to support the state’s economic development and to keep pace with developments in the economic, investment and banking sectors in general, since the measure of success depended not only on financial results but also on how it dealt with the needs changing markets, innovative and sophisticated solutions that keep pace with rapid global changes and shifts in those sectors.”

He added: “Emirati investment abroad plays a vital role in more than 70 countries in the world and has a great impact on the soft and reputed power of our young state in the world, which is a great achievement and a strong demonstration of the path of investment of the Emirati investors in the right direction.”