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Spinneys’ shares surge above 11% on trading debut

Supermarket chain Spinneys’ shares surge above 11% on trading debut

The company’s shares started trading at Dhs1.70, against its IPO price of Dhs1.53, the top end of the price range

Colm McLoughlin - Dubai Duty Free

Colm McLoughlin to step down as executive vice chairman and CEO of Dubai Duty Free

UAE retail industry legend Colm McLoughlin to step down after 41 years at Dubai Duty Free

DET, Emirates join forces to promote Dubai’s hub status

DET, Emirates partner to jointly promote Dubai’s tourism hub status

The two entities will promote the city’s business-friendly policies and processes, ultra-modern infrastructure, and innovation-led economy

Abu Dhabi pilots passenger-carrying drone trials

Abu Dhabi pilots MENA’s first passenger-carrying drone flights

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

flydubai to fly to 10 new seasonal destinations starting June

flydubai to operate to these 10 new ‘summer’ destinations in June

The Dubai-based carrier will launch flights to the 10 popular seasonal summer destinations between June and September

Dubai - Millionaire city

Every 51st resident in Dubai is a millionaire, reveals World’s Wealthiest Cities report

Dubai ranks at the 21st position in the recently released 2024 World’s Wealthiest Cities report

Abu Dhabi and Etihad Airways offer free stopover stays programme image DCT Abu Dhabi

Etihad, DCT Abu Dhabi to offer free stopover stays in emirate

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-Emirates

Sheikh Ahmed addresses the question of an Emirates IPO

Sheikh Ahmed provided an insight into the decision-making process surrounding the question of an Emirates IPO

Emirates Airline expands retrofit program to 191 aircraft

Dubai’s Emirates Airline expands retrofit programme to 191 aircraft

The airline’s original plan was to have 67 A380s and 53 777s undergo full refurbishment

Dubai South HQ

At Dubai South, the future takes shape now: Khalifa Al Zaffin

The executive chairman of Dubai Aviation City Corporation and Dubai South sets out in detail the ongoing mega development in the new city

Dubai Taxi Company announces fleet expansion Image supplied

Dubai taxi fares increase in May after fuel price hike

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.

Dubai airport passenger numbers to exceed 90 million in 2024

Dubai airport passenger numbers to exceed 90 million in 2024

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

Nigeria-Emirates not happy with Boeing delays in fixing 777X

Emirates chair Sheikh Ahmed “not happy” with Boeing 777X repair delays

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

Abu Dhabi’s Mubadala invests in Australia’s largest urea plant

Abu Dhabi’s Mubadala invests in Australia’s largest urea project

The transaction represents the largest investment ever made in the Australian fertiliser industry

Etihad Airways plans to double passengers, fleet size by 2030

Etihad CEO considers buying small number of Airbus, Boeing jets

CEO Antonoaldo Neves said Etihad was in talks with lessors and the planemakers in attempt to secure additional jets

Abu Dhabi's IHC Q1 net profit hits Dhs8bn Image-courtesy-WAM

IHC sees Q1 profit rise 87.6%, announces share buyback programme

The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn

Abu Dhabi GDP

Abu Dhabi unveils carbon calculator for hotels

Launched at Arabian Travel Market, the Carbon Calculator is a mandatory tool for all hotels within the emirate to track and quantify carbon emissions

UAE-NZ-CEPA TRADE TALKS-WAM

CEPA: UAE, New Zealand launch talks for a free trade deal

The UAE is New Zealand’s largest trade partner in the Middle East

FLYDUBAI

flydubai pax numbers rise in Q1 2024, fleet retrofit in progress

The airline carried close to five million passengers between January and April, a 13 per cent increase compared to the same period last year

UAE - GCC visa free travel

ATM 2024: UAE reveals details of GCC’s Schengen-styled ‘Grand Tours’ visa

The GCC Grand Tours visa will allow tourists to spend more than 30 days in the region

Dubai says Q1 international visitors up 11% this year

Dubai says Q1 international visitors up 11% this year

The city reported 5.18 million international overnight visitors in Q1 2024

Wynn Al Marjan Island

New photos of UAE’s gaming destination: Wynn Al Marjan Island

Wynn Al Marjan is anticipated to be the first integrated gaming resort in the Middle East and North Africa region

EMIRATES-a350-aerial-atm2024

Mega upgrade: Emirates announces 9 destinations for new A350 aircraft

From Edinburgh in the UK to Ahmedabad in India, Emirates will be introducing its new A350 across a host of routes

Mastercard

How Mastercard is driving financial inclusion in the Middle East

Mastercard’s chief operating officer for EEMEA region Khalid Elgibali tells us about how his company is innovating when it comes to cross-border and digital payments

LOGICONNECT - women in tech platform

Advancing the cause of women in tech

A tech company takes the initiative to drive gender diversity in the industry

Tax strategies to help expand your business globally GettyImages-918061226

UAE corporate tax: Deadline alert

New corporate tax deadlines for businesses to start in May. Here’s what you need to know

ATM events

May events at DWTC: Arabian Travel Market, AWS MENA Summit, CABSAT Middle East and more

The May lineup brings will enable businesses to engage and network in the heart of Dubai

Egypt-GettyImages-520265584-e1703142282632

Egypt braces for second summer of power cuts as gas supplies dwindle

Power cuts are hurting Egypt’s small businesses that play a crucial role in an economy where growth has slowed

Sha Emirates Island

Sha Emirates by Imkan: Abu Dhabi’s island community dedicated to wellbeing

SHA Emirates will feature an international wellness clinic and residences that reflect a transformative approach to healthy living

Mubadala invests in Avanse

UAE’s Mubadala Capital plans $13.5bn biofuels investment in Brazil: FT

Mubadala’s asset management arm is expanding its presence in Brazil, venturing into sectors such as transportation infrastructure, education, and fast-food franchises