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Flydubai launches flights to Basel in August 2024 image flydubai

Aviation: flydubai launches direct flights to Basel

The addition of Basel brings the carrier’s European network to 29 destinations, including cities like Budapest, Milan and Prague

DEWA announces H1 2024 results

DEWA reports H1 net profit at Dhs2.6bn, revenue growth of 7.3%

As of June 30, the utilities major had 1,236,845 electricity and water customer accounts, an increase of 52,134 (4.4 per cent) compared to the same period last year

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

Spinneys H1 net profit rises 15.2%, to pay out interim dividend of Dhs102.6m

Spinneys H1 net profit rises 15.2%, Dhs102.6m in interim dividend approved

The company’s gross profit rose by 12.3 per cent year-on-year to Dhs659m, with a gross profit margin of 41.3 per cent, up 90 basis points from the previous year

Emaar Development reports 56% rise in property sales for H1

Emaar Development reports 56% rise in property sales for H1

In  H1 2024, the company reported revenue of Dhs7.3bn ($2bn) and EBITDA of Dhs3.4bn ($922m)

Emirati employment: Ru’ya 2025 powers up the UAE’s future workforce

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

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

How Prosper is driving growth in Dubai’s property market

Prosper Real Estate Intl’s Akram Kanso on growth in Dubai’s property market

The firm offers a full spectrum of services beyond lead generation and sales, including strategic planning

Here's how Dubai Business Associates fosters entrepreneurship

Here’s how Dubai Business Associates fosters entrepreneurship

Surkhel Yousafzai, president of the DBA Alumni Association, delves into the strategic initiatives implemented by DBA to nurture entrepreneurship and innovation

Dubai real estate - villa market - Tilal al Ghaf

Dubai’s real estate boom: Tilal Al Ghaf villa sale sets record with Dhs105m price tag

The influx of high-net-worth individuals continues to propel Dubai’s ultra-luxury real estate market, with H1 2024 recording 196 sales, exceeding $10m

Emirates, flyDubai latest airlines to amend Beirut flights

Emirates, flyDubai latest airlines to amend Beirut flights

The Dubai-based airlines join a number of other carriers that have suspended, delayed, or cancelled flights to Beirut

DFM

DFM announces 74% rise in pre-tax profit

The total trading value on the DFM rose by 4 per cent, to Dhs48bn, in the first half of 2024

Telegram-Pavel-Durov opens up on IVF

Dubai-based Telegram founder says he has ‘100 biological kids’ through IVF

Durov, who lives in the Jumeirah Islands, plans to open-source his DNA so that his biological children can trace each other

RTA introduces two new marine transport services for Dubai Creek Harbour community

RTA unveils 2 marine transport lines to service Dubai Creek Harbour

The fare for each stop is Dhs2, making it an affordable option for residents and tourists alike

Nabil Al Kindi - CEO of Dubai South Properties -

Dubai South Properties’ Nabil Al Kindi on supporting the emirate’s grand vision

The CEO of Dubai South Properties says the developer is on track to complete and deliver approximately 2,500 units by 2025

RTA-MALL OF EMIRATES-WAM

RTA issues Dhs165m contract to widen Mall of the Emirates exit routes

The increase in road capacity aims to reduce reduce travel time for traffic coming to the mall from Abu Dhabi and Umm Suqeim

Dubai prime

Dubai’s tourism boom: 9.31 million visitors in H1 2024

Dubai’s hotel sector continues to perform well, with an average occupancy rate of 78.7 per cent, up from 77.7 per cent in the same period in 2023

Crisalion Integrity eVTOL

Dubai-based Air Chateau signs eVTOL deal with Spain’s Crisalion

Air Chateau envisions a future where eVTOLs complement its helicopter fleets and can be deployed from existing infrastructure

Theme for success: A chat with Dubai Holding Entertainment's Fernando Eiroa

Theme for success: A chat with Dubai Holding Entertainment’s Fernando Eiroa

The CEO of Dubai Holding Entertainment talks about the company’s innovative projects, including Real Madrid World, Global Village and the Coca-Cola Arena and the core values driving the group’s success

Aldar to develop an office tower on SZR in Dubai Image Supplied

Dubai: Aldar to build office tower on Sheikh Zayed Road

The development will feature a grade A office tower with a net leasable area (NLA) of 88,000 sqm, complemented by a luxury boutique hotel and branded residences

Dubai: Sheikh Hamdan appoints 22 AI chiefs across government institutions

Dubai’s GDP grows by 3.2% in first quarter of 2024

Dubai’s transportation and storage sector saw significant growth, driven primarily by a 6.8 per cent increase in air transport demand

Exit 55 widening near Rabat Street completed image RTA

Dubai: New widened Exit 55 to cut traffic time by 60%

By expanding the exit, RTA has increased the exit’s capacity from 3,000 vehicles per hour to 4,500 vehicles per hour

DEWA commissions 8 new transmission substations

DEWA invests Dhs1.36bn in 8 new 132/11 kV transmission substations

The projects included 89 km of ground cable to advance the efficiency of the transmission network and meet the growing demand for electricity

UAE-MAURITIUS CEPA

UAE, Mauritius sign comprehensive economic partnership agreement

The UAE-Mauritius CEPA is set to deepen trade and investment ties, and streamline market access for businesses, in both countries

Boeing delays impede flydubai’s expansion plans

Dubai’s flydubai says expansion plans hindered by Boeing delays

The budget carrier urged the US manufacturer to honour and renew its commitment to meet its delivery obligations

GEMS Education secures $3.25bn financing facility

Dubai’s GEMS Education secures $3.25bn new financing facility

Dubai Islamic Bank, Mashreq Bank, Abu Dhabi Commercial Bank and First Abu Dhabi Bank acted as underwriters on the financing facility

Dubai’s RTA announces Dhs1.1bn deal for low-emission buses

Dubai’s RTA announces Dhs1.1bn deal for low-emission buses

The buses meet the European low carbon emission standards (Euro 6) and are set to be delivered in 2024 and 2025

climate

‘It feels like 62°C’: Humidity intensifies heatwave in Dubai, Kuwait

Official temperatures in recent days have hovered above the 40°C mark, but the so-called ‘feels like’ temperature has reached 62°C

WO-RK, the new co-working space at Burjamn Metro opens Launch Image Co-Spaces

Great reasons to go to WO-RK@Burjuman Metro

The newly-opened co-working space, situated within the bustling Burjuman metro station, offers accessible, affordable workspaces to entrepreneurs