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Etihad Airways and OSyS sign agreement   

Khaleej Times - 19 July, 2012

Etihad Airways has chosen Rolls-Royce subsidiary Optimised Systems and Solutions, or OSyS to implement a new fuel management solution to maximise fuel use, cut carbon emissions and reduce overall fuel costs.

The deal is part of the UAE flag carrier’s continuing efforts to drive environmental and operational efficiencies both on the ground and in the air. OSyS, one of the world’s leading suppliers of aviation fuel optimisation systems and services, will provide the software which will analyse the airline’s existing fuel arrangements, allowing Etihad Airways to better prioritise areas where the most effective fuel and emissions savings can be achieved.

Etihad Airways Chief Operating Officer, Captain Richard Hill, said: “Across our network, the new real-time analysis will help us achieve a better understanding about fuel saving opportunities. It will allow us to more efficiently compare our planned fuel versus actual fuel used on every flight with the overall goals being to reduce fuel consumption, cut carbon emissions and trim our aviation fuel bills.”
 
Qatar Airways celebrates Salalah launch
Source : Oman Daily Observer  
Date : 2013-05-24
Launching the inaugural flight of Qatar Airways to Salalah Airport was celebrated in the Governorate of Dhofar yesterday during a ceremony held under the auspices of Shaikh Abdullah bin Saif...
UAE economy gains momentum
Source : Khaleej Times  
Date : 2013-05-24
The UAE's non-oil producing private sector companies reported a further increase in output levels in April, according to the HSBC Purchasing Managers Index, or PMI....
Jeddah food and hotel expo sets new standards
Source : Arab News  
Date : 2013-05-24
Saudi Food & Hotel and Hospitality Expo 2013 has been hailed as a major success as it concluded a four-day run in Jeddah....
Agricultural projects in Sohar reviewed
Source : Oman Daily Observer  
Date : 2013-05-24
Dr Fuad bin Jaafar al Sajwani, Minister of Agriculture and Fisheries, yesterday visited a number of experimental farms affiliated to the ministry and agricultural projects funded by the Agriculture and...
MSM index edges down
Source : Oman Daily Observer  
Date : 2013-05-24
Muscat Securities Market, MSM 30 index ended the week’s trading sessions in negative territory on pressure from both the Financial and Services indices. The local bourse closed down by 0.21...
Archelons plans to invest $ 1mn in Qatar
Source : Gulf Times  
Date : 2013-05-24
India's recruitment firm Archelons plans to invest $ 1mn in Qatar over the next five years into various talent management solutions....
Most Gulf markets plunge
Source : The Peninsula  
Date : 2013-05-24
Most Gulf markets fell yesterday as a sell-off on international bourses spurred regional investors to cash in gains from an early-year rally....
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Source : The Peninsula  
Date : 2013-05-24
Bahrain's Al Salam Bank and BMI Bank, an affiliate of Oman's Bank Muscat, have announced plans to merge, a tie-up which would create the kingdom's third-largest bank by assets,...
Initiatives in support of SMEs highlighted
Source : Oman Daily Observer  
Date : 2013-05-24
Al Rafd Fund gave a power point Presentation at Grand Hayatt Muscat Hotel on a successful experience of one British institution called (Exemplas) that works in support of small and...
Dubai among top four in prime global cities index
Source : Khaleej Times  
Date : 2013-05-24
Dubai recorded 18.3 per cent surge in luxury home prices to rank among the top four in 'Prime Global Cities Index' as prime property prices across the world fell by...
Retail investors spur Kuwait market
Source : Arab News  
Date : 2013-05-24
Kuwait's stock market boom could run out of steam if the government doesn't push ahead soon with long-delayed infrastructure projects aimed at diversifying the economy....
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Source : Arab News  
Date : 2013-05-24
The Kingdom's M3 money supply growth accelerated to 14.1 percent year-on-year at the end of April, the fastest rate since October 2011, from 12.3 percent in the previous month, data...
Saudi Arabia: Interest rate outlook, 2013-15
Source : Samba  
Date : 2013-05-23
In this note we consider the outlook for Saudi interest rates, given their importance to businesses and consumers, and the fact that the key interbank rate, SIBOR, has moved higher...
GCC Markets Monthly - May 2013
Source : Gulf Investment Corporation  
Date : 2013-05-23
Global Economy grew by 2.3% q‐o‐q in Q1 2013 mainly due to improved growth in EM economies. However, China’s growth dropped to 7.7%. Commodity prices witnessed correction as fears of...
Weekly Economic Update: Gulf One Investment Bank
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Date : 2013-05-23
For the first time since April 2008, the US recorded its biggest fiscal surplus highlighting the importance of the recent tax increase and budget cuts that are helping to bring...
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Source : Kuwait Financial Centre - Markaz  
Date : 2013-05-23
According to CBRE, the residential sector remains upbeat with rental rates increasing by 4% since the previous quarter. Average 2 BR rents in established residential locations grew by 27% Y-o-Y....
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Date : 2013-05-23
Global equity markets, although improved, were dull on weak economic data released in April. GDP growth in the US at 2.5% in 1Q13 was disappointing against consensus expectations of 3.1%....
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Source : National Bank of Kuwait  
Date : 2013-05-23
The recent dip in oil prices to around $100 has raised concerns about the impact on the region's economy. But for us, the fall was broadly anticipated and does not...
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Source : Saudi Gazette  
Date : 2013-05-23
A recent first-of-its-kind event has sought to enrich the technical knowledge of Saudi Aramco engineers and help them exchange experiences with international players in the oil and gas processing industry....
Small-time firms brave odds to lure clients, lenders say
Source : Saudi Gazette  
Date : 2013-05-23
A number of Saudi investors who have large-scale businesses that offer loans say their small-time counterparts are giving them tough competition in attracting customers....
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