The order now includes an additional 20 Boeing 777-9 aircraft, bringing the total to 94 commercial and cargo Boeing 777X aircraft
Several banks in the region are reportedly considering acquisitions in Turkiye, Egypt, and India to diversify business models and enhance profitability
Findings from Edelman Smithfield’s UAE Investor Pulse Survey 2024, show that 67 per cent of respondents agreed that having two distinct exchanges benefits the UAE capital markets
The budget has introduced changes for NRIs such as an increase in the rate of capital gains and remittances
Saudi Arabia witnessed a 22.9 per cent increase in visitor spending in Q1 2024 compared to the previous year
Dubai’s transportation and storage sector saw significant growth, driven primarily by a 6.8 per cent increase in air transport demand
The UAE has long advocated deeper EU involvement in the region
The PIF has a sprawling portfolio of investments ranging from date farms to multinational conglomerates
flydubai announced the purchase of 175 Boeing 737 MAX airplanes in 2017
By expanding the exit, RTA has increased the exit’s capacity from 3,000 vehicles per hour to 4,500 vehicles per hour
The MD of Al-Futtaim Electric Mobility Company shares that EV maker BYD’s SEAL, SONG PLUS and HAN models are very popular in the UAE and Saudi Arabia
Scheduled to commence operations on October 27, the daily flights will be serviced by an Airbus A320 aircraft
The ranking marks a significant rise for the UAE, which has climbed from 62nd to 9th position, over the past 18 years
The platform, which soft-launched in January, has successfully processed approximately 150 billion tokens since its inception
The VP and GM of Honeywell Building Automation (META) delves into the company’s expansion strategy in Saudi Arabia, including the opening of its new facility in Dhahran
AW Shipping, ADNOC L&S’s joint venture with Wanhua Chemical Group, awarded shipbuilding contracts to Jiangnan Shipyard in China
The head of Business Partnerships for Retail and E-Commerce shares how F&B brands are using the social media platform to enhance their marketing efforts
du’s postpaid customer base grew by 11.3 per cent to reach 1.7 million subscribers
The bridge will connect guest rooms and suites, a club house, a spa, and a signature Equinox Hotels fitness club
The projects included 89 km of ground cable to advance the efficiency of the transmission network and meet the growing demand for electricity
The UAE-Mauritius CEPA is set to deepen trade and investment ties, and streamline market access for businesses, in both countries
Starting July 3, which coincided with International Plastic Bag Free Day, Carrefour eliminated the use of plastic bags every Wednesday across all its stores
Turkey’s central bank has raised its main rate to 50 per cent from 8.5 per cent since Finance Minister Mehmet Simsek was appointed last year
The budget carrier urged the US manufacturer to honour and renew its commitment to meet its delivery obligations
New Delhi exports more than 4 million metric tons of premium long-grain rice to countries such as Iraq, Saudi Arabia, the UAE and the US
In its Q2 2024 financial results, ADCB reported significant growth driven by increased net interest and non-interest income
OPEC+ is currently cutting output by about 5.7 per cent of global demand, in a series of steps agreed since late 2022
The company’s stock fell more than 11 per cent on Friday after an outage disrupted operations across multiple industries
The Flynas-Airbus deal announcement could come as early as this week’s Farnborough Airshow
The outage affected major companies including Amazon, Delta Airlines, Bank of America, and Visa among others