Search Results for: "AD Ports"

Oman’s Hydrom signs green hydrogen projects worth $11bn

Oman’s Salalah port sees fall in container volumes

The port, which is Oman’s closest to the border with Yemen, handled 1.679 million shipping containers in the six months to June 30

US-ECONOMY-INFLATION-DATA

Dubai inflation numbers down in July: Is a rate cut on the horizon?

Dubai’s CPI moved down marginally to 111.56 points in July from 111.65 points in June, according to Dubai government data

Air Arabia reports a 7% decrease in Q2 net profit

Air Arabia’s Q2 profit tanks by 7%, despite robust passenger demand

The budget carrier’s profit for the three months to June 30 dropped to Dhs427m, compared to Dhs459m for the same period a year ago

dirham

UAE economy to grow robustly on back of real estate, tourism: OPEC

OPEC highlighted the steady expansion of the UAE’s economy, supported by strong domestic and international economic activities

Egypt gets over 100 offers in massive wheat tender

Egypt receives over 100 offers in massive wheat tender

Olam presented the lowest offer for 60,000 metric tonnes for an October 1-15 shipping period

Breaking the Middle-Income Barrier: Strategies for emerging economies

Breaking the Middle-Income Barrier: Strategies for emerging economies

More than 100 countries, such as China, India, Brazil, and South Africa, face serious obstacles that could hinder their efforts to become high-income countries in the next few decades, reveals World Bank’s recent report

Ramesh Cidambi

Ramesh Cidambi took over the reins of Dubai Duty Free as its managing director in…

Amit Jain

Amit Jain has played a pivotal role in Emaar Properties’ growth and success. Appointed as…

Sundar Menon

Hailing from Thrissur, in Kerala, Sundar Menon has built a multinational conglomerate with operations in…

Surf Abu Dhabi to open in october

Surf Abu Dhabi all set for October opening

Surf Abu Dhabi’s WSL certification will enable the destination to host professional surfing events

Unlocking the vast potential of GCC investment in Africa Image for illustrative purposes/ Getty Images

Packed with potential: GCC investment in Africa

Last year, Gulf countries poured more than $53bn into projects on the continent, a considerably greater sum than the $10bn investment from the US over the same period

USS-Georgia submarine

US sends nuclear submarine to Middle East as tensions peak

A Pentagon statement said the USS Georgia, a nuclear-powered vessel, is being deployed to the Middle East

Meet Yogesh Mehta, founder and CEO of Petrochem

Yogesh Mehta

Yogesh Mehta shifted his focus from India to Dubai in 1990, marking the start of…

How Singh’s Plan b Group is pushing the boundaries

Dr Harmeek Singh

From the challenges he encountered upon his arrival in Dubai in 2003, where he started…

Satish Sanpal - Chairman of ANAX Holding

How ANAX Holding’s Satish Sanpal is bringing a sustainable approach to real estate

By aligning the company’s strategic objectives with Dubai’s Vision 2030 and the Dubai Environmental Strategy 2030, Sanpal is ensuring that his company plays a pivotal role in creating a sustainable, vibrant future for the city

US MILITARY AIR-FORCE-F-22-RAPTORS-DOD

US boosts military capability in the Middle East, sends F-22 jets

The US has an estimated 30,000 to 45,000 military troops stationed across the Middle East, spread over more than a dozen countries

Dr. Thani bin Ahmed Al Zeyoudi named chairman of rorix holdings image: Supplied

Dr Thani bin Ahmed Al Zeyoudi to chair IHC’s Rorix Holdings

The newly formed global trading and trade facilitation company will cover trade finance, consulting, commodities exchange and trade insurance

Emaar Properties' H1 revenues hit $3.9bn, profits rise

Emaar Properties’ H1 revenues hit $3.9bn, profits rise

Emaar’s recurring revenue-generating portfolio collectively generated revenue of Dhs4.6bn during H1 2024, representing 32 per cent of its total revenue

Lebanon - Egypt Air

UK, Egypt issue alerts for Lebanon airspace

Many airlines, globally, are revising their schedules to avoid Iranian and Lebanese airspace while also calling off flights to Israel and Lebanon

UAE Dubai four-day work week

Dubai to trial four-day work week for public sector employees

As part of ‘Our Flexible Summer,’ work will be suspended on Fridays, and the workday will be reduced to seven hours for the participating Dubai government entities

Image credit: Sourced from Emirates

Emirates’ first retrofitted Boeing 777 aircraft: In photos

Emirates currently operates its refurbished aircraft to 17 destinations including New York JFK and London Heathrow

Egypt’s GASC issues tender for 3.8 million metric of wheat

Egypt bets big with historic 3.8 million metric tonne wheat tender

The country has been one of the world’s largest wheat importers, mainly to provide subsidised bread for tens of millions of its people

Abu Dhabi fund Mubadala’s assets surge to $302bn

UAE real estate market thrives in Q2 2024: Key highlights

The UAE real estate market’s continued growth across the emirates is being driven by strong economic fundamentals, government initiatives, and strategic investments, according to Asteco’s latest report

Dubai DXB airport passenger traffic surges by 8% in H1

Dubai’s DXB airport sees record year for passengers after 8% rise in H1

Dubai International Airport welcomed 44.9 million passengers in the first half of the year

Jordan asks airlines to carry extra fuel amid Middle East tensions

Jordan asks airlines to carry extra fuel amid Middle East tensions

Jordanian authorities urged all airlines to carry reserve fuel for “operational reasons” and is effective until 2200 GMT on Tuesday

Gold

Gold’s run to record high may crimp demand: Insight

The combination of bearish and bullish factors for gold may end up having the effect of keeping the price in a relatively narrow range for the rest of the year

oil

Oil hovers at 8-month lows as US recession fears offset Middle East tensions

Brent crude oil futures inched down 4 cents, or 0.1 per cent, to $76.77 a barrel

Exploring Earth's extremes with Yousef AlRefaie

Exploring Earth’s extremes with Yousef AlRefaie

The Kuwaiti adventurer talks about his experiences and his upcoming docu-series, providing insights into the global water crisis and human condition

GCC sovereign funds dealmaking at 15-year high

How GCC sovereign funds are conquering global markets

State investors accounted for 54 per cent of the $96bn deployed by sovereign funds – the highest rate since 2009

Emirates Park Zoo and Resort

From vision to reality: The transformational journey of Emirates Park Zoo and Resort

The Emirates Park Zoo and Resort has evolved from being a modest petting zoo to being home to over 220 wildlife animals