Jan 04 2012 |
more articles from
|
Dubai Dnata Buys Controlling Stake In UK's Travel Republic-Report
Wednesday, Jan 04, 2012
BEIRUT (Zawya Dow Jones)--Dubai-based state-owned Dnata , the world's fourth largest air services provider, has acquired a controlling stake in U.K.-based Travel Republic which offers online tourism and travel services, Abu Dhabi-based Al Ittihad daily reports Wednesday.
This new investment allows Dnata to tap the increasing prevalence of online booking, which has seen a significant growth in the past few years, Iain Andrew, senior vice president of Dnata 's travel services division, said according to the paper.
No value was given for the deal. Dnata is wholly owned by Investment Corporation of Dubai, according to Zawya.com.
Newspaper website: http://www.alittihad.ae/details.php?id=1047&y=2012&article=full
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
04-01-12 0731GMT
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment