Hainan Airlines, a codeshare partner with Etihad Airways, has moved its Arabian Gulf flight operations from Dubai to Abu Dhabi.
The Chinese airline will now operate its twice-weekly Beijing to Luanda, Angola service via Etihad's hub in the capital.
The new services are timed to allow Hainan passengers to connect from Beijing to Berlin and London Heathrow and from Cairo, the Maldives and Casablanca to Beijing on the return.
Etihad first signed the codeshare with Hainan in December last year and yesterday's announcement will expand the scope of their cooperation, said James Hogan, Etihad's president and chief executive.
"The partnership has developed in a positive, mutually beneficial way and relocating Hainan's Gulf operations to Abu Dhabi International Airport is a natural next step," he said.
Hainan is Etihad's second airline partner from the Asia-Pacific region to shift its Gulf operations to Abu Dhabi. Garuda Indonesia also consolidated its operations there from December 2.
"This is a huge vote of confidence for the operators of Abu Dhabi International Airport and its suppliers," said Mr Hogan." We expect there will be significant flow-on opportunities and benefits for the myriad stakeholders in the Emirate, including those in the tourism industry."
"Our move to Abu Dhabi International Airport will optimise our Beijing to Luanda operation," said Liu Lu, the president of Hainan. "A deeper partnership with Etihad Airways will also enable our customers to connect in Abu Dhabi to multiple destinations throughout the Middle East, Africa and Europe."
Currently, Hainan places its "HU" code on Etihad-operated flights between Abu Dhabi and the UAE airline's three gateway cities in China: Beijing, Chengdu and Shanghai, and from Abu Dhabi to Khartoum International Airport in Sudan.
The decision will also act as a filip to Abu Dhabi's current drive to encourage more Chinese tourists to visit the country since China's government added the UAE to its list of permitted holiday destinations in 2009.
Last year more than 210,000 Chinese tourists visited the UAE, according to the Dubai and Abu Dhabi tourism departments, an increase of more than 26 per cent on the previous year.
A survey in June by Visa indicated Chinese tourists spend an average of US$700 (Dh2,571) per transaction in the UAE, making them the highest-spending visitor group in the country.
dblack@thenational.ae
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In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
BRAZIL SQUAD
Alisson (Liverpool), Daniel Fuzato (Roma), Ederson (Man City); Alex Sandro (Juventus), Danilo (Juventus), Eder Militao (Real Madrid), Emerson (Real Betis), Felipe (Atletico Madrid), Marquinhos (PSG), Renan Lodi (Atletico Madrid), Thiago Silva (PSG); Arthur (Barcelona), Casemiro (Real Madrid), Douglas Luiz (Aston Villa), Fabinho (Liverpool), Lucas Paqueta (AC Milan), Philippe Coutinho (Bayern Munich); David Neres (Ajax), Gabriel Jesus (Man City), Richarlison (Everton), Roberto Firmino (Liverpool), Rodrygo (Real Madrid), Willian (Chelsea).
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MATCH INFO
South Africa 66 (Tries: De Allende, Nkosi, Reinach (3), Gelant, Steyn, Brits, Willemse; Cons: Jantjies 8)
Canada 7 (Tries: Heaton; Cons: Nelson)
Brief scores
Toss India, chose to bat
India 281-7 in 50 ov (Pandya 83, Dhoni 79; Coulter-Nile 3-44)
Australia 137-9 in 21 ov (Maxwell 39, Warner 25; Chahal 3-30)
India won by 26 runs on Duckworth-Lewis Method
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Director:Jason Orley
Stars:Jenny Slate, Charlie Day
Rating:4/5
Top Hundred overseas picks
London Spirit: Kieron Pollard, Riley Meredith
Welsh Fire: Adam Zampa, David Miller, Naseem Shah
Manchester Originals: Andre Russell, Wanindu Hasaranga, Sean Abbott
Northern Superchargers: Dwayne Bravo, Wahab Riaz
Oval Invincibles: Sunil Narine, Rilee Rossouw
Trent Rockets: Colin Munro
Birmingham Phoenix: Matthew Wade, Kane Richardson
Southern Brave: Quinton de Kock
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
