Etihad Airways, the national airline of the United Arab Emirates, will add a new daily flight between Abu Dhabi and Kuala Lumpur to offer a double daily service from July 15, 2013. The new schedule will add 1400 new seats per week to the route – an increase in capacity of approximately 23 per cent.
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The Asiana Boeing 777 was flying "too low" according to surviving passengers, while San Francisco airport tries to collect information from the debris sprawled across the runway. Rescue workers and emergency crews said the crash site smelled like diesel fuel, and the plane was burning. The tail and landing gear had been ripped off during
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The pilot of the crashed Asiana plane at San Francisco airport was still "in training" for the Boeing 777 when he attempted to land the aircraft under supervision on Saturday, the South Korean airline said. Lee Kang-kuk, whose anglicised name was released for the first time on Monday and differed slightly from earlier usage, was
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Stocks in Asian markets hit 2-week low on Monday with the U.S. Federal Reserve preparing to roll back stimulus on strong jobs data, while the dollar hit a 6-wk high against the yen and a three-year high against a basket of major currencies. Chinese stocks and regional sentiment were hurt by Beijing's plan to choke
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Anti-government clashes in Egypt do not seem to be calming down as 15 people were killed on Monday when armed attackers fired at the military building in Cairo where Muslim Brotherhood supporters and deposed President Mohamed Mursi are being held. The Egyptian military said "a terrorist group" had tried to storm the building. One army officer
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* “It’s a matter of time for the economy to recover,” says chairman Last year was a difficult period for the economy because of the ongoing crisis and 2013 will see an even tougher year for the Cyprus economy, but the Shacolas Group of companies reported profits having diversified into all sectors with a significant
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Cyprus Trading Corporation Plc, the core public company of the NK Shacolas Group, saw turnover drop from 443 mln euros in 2011 to 407.4 mln last year, mainly due to a decrease in retail sales, the distribution of tobacco products and heavy vehicles, due to the ongoing economic crisis. However, Managing Director Marios Loucaides said
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Ermes Department Stores plc, the retail division of the NK Shacolas Group, saw turnover drop to 242.9 mln euros in 2012, from 259.6 mln a year earlier, with after-tax profits reduced to 260,400, euros, compared to 1.4 mln in 2011. Executive chairman Yiorgos Aniliades said that operating costs were reduced by 6.4% in 2012 but
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Woolworth (Cyprus) Properties Plc, the property management and developer arm of the NK Shacolas Group, saw a small rise in operating profits from 17.99 mln euros in 2011 to 19 mln last year, with rent incomes from commercial properties dropping slightly from 21.1 mln euros to 20.6 mln in 2012. After tax profits were marginally
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MTN Cyprus has seen its network quality improve over the years, with its call quality reaching 84.7% and the population coverage at 85%, rising to 90% by the end of the year. Senior company officials told a press briefing that quality network benchmarking, measured by telecom researchers Fasmetrics and the Aristotle University of Thessaloniki that
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