The company’s profit for the January-March period dropped to Dhs651m, compared to Dhs763m during the same period a year earlier
The announcement marks the latest expansion of Saudi’s eVisa programme
Egypt promised the IMF in the March agreement it would resume tightening if necessary to prevent further weakening of its economy
The approval comes as Mubadala agreed to let Fortress commit to keeping technology and data in the US
The mining company’s strategic investment in ANS Exploration represents a proactive approach to identifying and collaborating with partners that exhibit promising growth prospects
The airline carried 4.2 million passengers in the January-March period, while passenger revenue came in at Dhs966m
The UAE’s Parkin Company raised the highest proceeds in the region for the quarter at $0.4bn
Jaumur is an exclusive residential community that aims to accommodate 6,000 residents
The 10-year issuance marks Aldar’s second green sukuk, following its inaugural $500m sukuk issued in May last year
Flexible working hours and remote working options are also being considered as part of the strategy to reduce traffic congestion during peak hours
The initiative is the first of its kind in the region and seeks to address the escalating concern of light pollution by presenting a blueprint for responsible lighting practices
The company’s shares started trading at Dhs1.70, against its IPO price of Dhs1.53, the top end of the price range
UAE retail industry legend Colm McLoughlin to step down after 41 years at Dubai Duty Free
The two entities will promote the city’s business-friendly policies and processes, ultra-modern infrastructure, and innovation-led economy
The trials were part of an exhibition by the Multi-Level Group, as part of the Abu Dhabi Mobility Week that took place last week
A new ETF tracking Saudi equities was listed in Hong Kong last year, becoming the first product of its kind in Asia
The Dubai-based carrier will launch flights to the 10 popular seasonal summer destinations between June and September
Dubai ranks at the 21st position in the recently released 2024 World’s Wealthiest Cities report
ravellers can choose from a selection of hotels across the city for one or two nights as part of their online booking on the airline’s website
Sheikh Ahmed provided an insight into the decision-making process surrounding the question of an Emirates IPO
The airline’s original plan was to have 67 A380s and 53 777s undergo full refurbishment
The executive chairman of Dubai Aviation City Corporation and Dubai South sets out in detail the ongoing mega development in the new city
The firm plans to invest $100bn by 2030 to develop key partnerships and build advanced manufacturing capabilities
The new per kilometre charge for a taxi in Dubai now stands at Dh2.09, up from the previous rate of Dh1.97 per kilometre.
The city’s main airport registered a 31.7 per cent increase in passenger traffic in 2023 to 86.9 million, surpassing pre-pandemic levels
The Dubai-based carrier is the biggest customer of Boeing’s 777X, which will be the industry’s largest twin-engined jet with around 400 seats
The transaction represents the largest investment ever made in the Australian fertiliser industry
Aquarabia, in Qiddiya City, will feature 22 rides and the developers aim to break four world-records, including constructing the world’s tallest water coaster
The oil major reported a 14 per cent decline in first-quarter net income to $27.3bn in the three months to March 31
CEO Antonoaldo Neves said Etihad was in talks with lessors and the planemakers in attempt to secure additional jets