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Flydubai Love A-Fare with Low Fares

And in keeping with the spirit of the season, flydubai is proving it loves low fares by starting the next sale on Valentine’s Day.

The 40 per cent discount means that one way flights will start from only Dh 120. The bewitching bargains begin on Saturday, February 13^th and will last until 23:59 on Sunday, February 21^st and the special prices are valid for travel between March 1- May 31. The flydubai discounts are part of a region-wide campaign, ‘Love low fares’, and will be available on all of the airline’s eleven destinations: Beirut-Lebanon, Amman-Jordan, Damascus and Aleppo-Syria, Alexandria-Egypt, Djibouti-Africa, Doha-Qatar, Khartoum-Sudan, Baku-Azerbaijan, Bahrain, and Kathmandu-Nepal.— business@khaleejtimes.com

AOL Completes Plant Performance

MUSCAT — Aromatics Oman (AOL), a $1.68 billion petrochemical manufacturing major, has successfully completed the plant performance test run and achieved all the guarantees with the process licensor, Axens Technology of France, and the EPC contractor, GS Engineering and Construction from South Korea.

The Sohar Industrial Port-based plant’s performance guarantee test run, which started last week, was successfully completed on February 4, where all units of AOL operated at 100 per cent capacity.

AOL is a joint venture between state-owned Oman Oil Company (70 per cent), Oman Refineries and Petrochemicals Company (20 per cent) and LG International, Korea (10 per cent). AOL started construction of the plant in 2006 and had entered the commissioning phase in mid-2009. — business@khaleejtimes.com

Power, Water Projects to Start in 2012

MUSCAT — Two power and water desalination projects with total investments of 412mn rials to provide more than 800MW of power are coming up in the southern Dhofar governorate of Oman. The first phase of both the projects is expected to be operational in 2012.

The first project is a 385mn rials power and water desalination plant in A’shur Plain in the Wilayat of Mirbat and is a joint venture between Oman Investment Corporation and Sembcorp of Singapore. The new company, Sembcorp Salalah Power and Water Company, has to offer 35 per cent of its shares for public subscription within four years from the date of its registration.

The Oman Power and Water Procurement Company (OPWP) will purchase the generated power and desalinated water estimated at 15 million gallons per day for 15 years from the date of commercial operation of the project. — business@khaleejtimes.com

Premier Inn Continues Expansion

DUBAI — Premier Inn, the UK’s largest and most successful hotel brand has today officially opened its latest Dubai hotel located at Dubai International Airport. Premier Inn in the GCC is a strategic partnership between the Emirates Group and Whitbread Plc and this new hotel lends further weight to their commitment of being the number one limited service hotel chain in the region.

Shaikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline and Group, presided over the launch and unveiled a plaque commemorating the occasion. Shaikh Ahmed enjoyed a guided tour of the new hotel accompanied by Darroch Crawford, Managing Director of Premier Inn Middle East.

Darroch Crawford commented on the opening, “We are honoured to welcome Shaikh Ahmed to our latest hotel and delighted to further demonstrate our commitment to pushing ahead with our expansion plans.” — business@khaleejtimes.com

Survey Ranks Emirates.com at Top

DUBAI — Emirates.com has come out on top in a global survey rating the usability of the world’s leading airline websites.

Ranked first against a tough field in the ‘Global-Local Monitor’ survey, Emirates’ global websites were assessed for how well they had been localised or adapted to the country’s language and culture by the User Experience Alliance (UXalliance), a global network of leading user research firms.

Boutros Boutros, Emirates’ Divisional Senior Vice President Corporate Communications said: “Emirates has always prided itself on its understanding of cultures around the world and we have worked hard to ensure customers from all our markets have access to information that they can relate to and easily comprehend. We are delighted to have ranked first amidst such a competitive field and are confident that we can continue to set the benchmark in website excellence.” 
— business@khaleejtimes.com

Hawkamah, SAI Sign MoU

DUBAI — The Hawkamah Institute for Corporate Governance and the UAE State Audit Institution (SAI) today signed a Memorandum of Understanding (MoU) aimed at improving corporate governance within the UAE Public Sector and its state-owned enterprises.

The agreement reflects both Hawkamah and SAI’s strong commitment to promoting corporate governance, particularly with regard to state-owned enterprises, where high levels of corporate governance can deliver enormous benefits.

According to Dr. Nasser Saidi, Executive Director of Hawkamah, these benefits include “improvement in the quality of public services, better public financial management, greater transparency and protection of the state’s interests. By joining hands in this way to promote corporate governance, we send a strong message that we will work together to overcome the corporate governance challenges faced by the UAE’s state-owned enterprises and government related enterprises.” — business@khaleejtimes.com