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indigo seat prices

Sky wars: India’s Indigo drastically cuts tickets prices

The airline has cutback on fuel surcharge but increased prices for seat selection

ader Tavassoli from London Business School on how brand impacts salary, employee behaviour, profits

Insights: How ‘brand’ impacts pay, employee behaviour and profits

We look at why high-quality brands often extend job offers with lower pay and why employees accept them

suez canal

Shipping traffic through Suez Canal down 20% due to Middle East tensions

The Suez Canal is an important source of dollar revenues for Egypt

CES 2024

AI to dominate this year’s CES, even without OpenAI’s Altman on hand

CES 2024, formerly known as the Consumer Electronics Show, runs January 9-12

Riders speeding around the Dubai track. (Supplied)

How the Scooter Cup electrified Dubai’s streets

Alex Wurz, president of the Federation for Micromobility and Sport, explains why Dubai’s Electric Scooter Race was a huge success

Majid Jafar, the CEO of Sharjah-headquartered oil and natural gas company, Crescent Petroleum.

Powering a just energy transition — why natural gas is key

The whole world is trying to figure out a greener energy mix. But as Majid Jafar, the CEO of Crescent Petroleum points out, this can’t be achieved without fossil fuels and, more particularly, cleaner natural gas.

end-of-service gratuity

Sheikh Mohammed on why families are crucial for Dubai

The government allocated Dhs88bn to community development, a 3.4 times increase compared to Dhs26bn for the past decade

Dubai Duty Free sales exceeds Dhs7.8bn in 2023

Dubai Duty Free sales in numbers: Dhs7.8bn revenue, 20 million transactions

The retailer said the top five selling categories for the year were perfumes followed by liquor, gold, cigarettes and tobacco, and electronics

Saudi businessman survives -50°C, 60 mph winds to reach South Pole

Saudi Arabian adventurer and businessman Badr Al-Shebani has trekked to the South Pole in Antartica and endured tough conditions

Saudi PIF increases stake in MEPCO to 23.08%

Saudi wealth fund PIF hikes stake in MEPCO to 23.08%

The fund said the investment will enable MEPCO to expand its production, raise its operational efficiency, and support environmental sustainability

The Global Citizen Forum 2023

Global Citizen Forum: The ‘Earth Age’ dawns in Ras Al Khaimah

By bringing together diverse voices and fostering collaboration, the latest edition of the Global Citizen Forum encouraged positive change across communities

red sea

How could Red Sea tensions affect oil and gas shipping?

About 12 per cent of world shipping traffic transits the canal and 4-8 per cent of global LNG cargoes have passed through it in 2023

GCC airline Saudia offering 50 per cent discount on tickets GettyImages

REVEALED: 10 most punctual airlines in Middle East, Africa

Global aviation analytics provider, Cirium, has unveiled its latest statistics for airline punctuality in 2023

Tesla

Chinese EV giant BYD overtakes Tesla in car sales for Q4

BYD’s deliveries show price cuts are working for the Chinese company

Qatar sets up a $275m market-maker fund

US exported more LNG than Qatar in 2023, say analysts

Liquefied natural gas exports from the US outpaced those from Qatar and Australia, according to latest tanker tracking data

Saudi Arabia, Qatar - GCC

How world sees GCC: Region’s sovereign wealth funds on the rise

The GCC region has been named the “region of the year” when it comes to sovereign wealth funds, according to Global SWF

Saudi Arabia e visa

Saudi wealth fund PIF splashes $31.6bn in 2023

Big-ticket purchases included $4.9bn for US gaming company Scopely, $3.6bn to buy Standard Chartered’s aircraft leasing division and $3.3bn for steelmaker Hadeed

millet

Food, beverage is UAE’s second biggest sector after oil – report

The UAE’s food and beverage sector is going from strength to strength, according to report released by a body representing the industry

E concludes CEPA talks with Congo-Brazzaville

UAE concludes CEPA negotiations with Congo-Brazzaville

The trade deal builds on growing bilateral cooperation between the two countries, which saw non-oil trade hit a record $2.1bn in H1 2023

Saudi Arabia’s NEOM launches lifestyle community Norlana

Saudi Arabia’s NEOM unveils plans for lifestyle community Norlana

Located on the coastline of the Gulf of Aqaba, the lifestyle community will have a 120-berth marina that will serve as an international hub for superyachts

Saudi’s Mawani inks four contracts worth SAR1bn

Saudi Arabia’s Mawani signs four contracts worth SAR1bn

The authority signed the contracts with Zamil Marine Services and Naghi Marine Company to provide diverse maritime services

Wizz Air Abu Dhabi carries 3 million passengers in 2023

Wizz Air Abu Dhabi carries 3 million passengers in 2023

The budget carrier operated more than 15,000 flights and carried three million passengers

Neodymium, on periodic table. Rare earth metal in lanthanide series, with atomic number 60 and element symbol Nd, from Greek neos didymos, meaning new twin. Used for lasers and high strength magnets.

China bans export of rare earths processing tech over national security

China has significantly tightened rules guiding exports of several metals this year, in an escalating battle with the West over control of critical minerals

Angola quits OPEC in blow to oil producer group

Angola leaves OPEC in blow to oil producer group

The Southern African nation’s announced departure follows its protest against OPEC+’s decision to cut its output quota for 2024

Egypt raises $800m from hotels in divestment drive

Egypt raises $800m from hotels in divestment drive

The hotels, among Egypt’s grandest, include the Cataract in Aswan, the Winter Palace in Luxor, the Mena House in Cairo and the Cecil in Alexandria

UAE establishes Accountability Authority

UAE President issues decree to establish Accountability Authority

The authority is the supreme authority for financial control, auditing, integrity and transparency in the country

Heathrow airport road sign

Heathrow stake sale to PIF opens door for a resurgence in airport deals

Heathrow’s sale valued the airport at 14.3 times EBITDA, according to JP Morgan analysis

WATCH: Sheikh Hamdan takes the wheel — or not? — in self-driving taxi

The test follows RTA’s announcement in 2022 to set up Dubai as the first international market for Cruise

Abu Dhabi launches free Hala Wi-Fi across emirate

Abu Dhabi launches free Hala Wi-Fi across emirate

The initiative is provided in collaboration with UAE service providers and offers public Wi-Fi coverage in various locations

dubai duty free

Dubai Duty Free offers up exciting promotions to mark 40 years of operations

In line with its anniversary celebrations, the retailer has announced a slew of promotional offers for travellers until December 20