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Salik Q3 2022 earnings

Dubai’s Salik reports net profit of Dhs242m for Q3 2022

Salik’s Q3 revenue increased 9.1 per cent YoY to Dhs445m, with travel activity fast approaching pre-Covid levels

FY 2022-23: Dubai's Emirates records $1.2bn in half-year net profit

FY 2022-23: Dubai’s Emirates records $1.2bn in half-year net profit

The group’s revenue stood at $15.3bn for the first six months of 2022-23, up 128 per cent from $6.7bn last year

Almosafer

Saudi’s Almosafer partners with Visit Oman to boost sultanate’s inbound tourism

Almosafer’s consumer business will run a 360 marketing campaign throughout 2023 to promote Oman to its customer base in Saudi Arabia, Kuwait and the UAE

Emirates and Gulf Air launch codeshare partnership

Emirates and Gulf Air launch codeshare partnership

Emirates currently has codeshare cooperation agreements with 26 airline partners and two rail companies around the world

All parking tickets in Dubai are now electronic

All parking tickets in Dubai are now electronic

RTA has fitted the parking machines with touch screens, which enables the entry of vehicle details

Air Arabia announces Q3 2022 profit

Air Arabia’s Q3 net profit rises 99% to Dhs416m

The average seat load factor – or passengers carried as a percentage of available seats – during Q3 2022 stood at an average of 80 per cent

Saudi’s Seera Group reports $8m in operating profit for Q3 2022

Seera’s travel platform, Almosafer, reported a 74 per cent rise in revenue, totalling SAR155m in the third quarter of 2022

Dubai's Emirates purchases 5 Boeing 777 freighters

Dubai’s Emirates buys 5 Boeing 777 freighters

The agreement, worth over $ 1.7bn at list prices, takes the airline’s order book to 200 wide-body aircraft

Air Arabia

Air Arabia launches flights to three cities in Russia

Air Arabia operates the Airbus A320 and A321 neo-LR aircraft

Abu Dhabi Airports Groupe ADP sign MoU

Abu Dhabi Airports, Groupe ADP ink MoU to explore advanced air mobility solutions

The French company will be supporting Abu Dhabi Airports in laying the ground for electric vertical take-off and landing aircraft to transport people and cargo

flydubai

Flydubai to add six destinations to network

The new routes will see the airline’s network expand to 113 destinations in 53 countries

Air Arabia Egypt launches service to Marseille

Air Arabia Egypt to launch new service between Cairo and Marseille

The service will commence from December 16

Dubai’s Emirates resumes flights to Rio de Janeiro, Buenos Aires

The four-times weekly flights from Dubai to Rio de Janeiro with onward service to Buenos Aires will operate as EK247/EK248

Saudi Crown Prince launches kingdom’s first electric vehicle brand

The EV brand, Ceer, will attract over $150m of foreign direct investment, and create up to 30,000 direct and indirect jobs

Vincent Wijnen Al-Futtaim Senior MD

Interview: Al-Futtaim Automotive’s Vincent Wijnen talks about innovation and sustainability

The senior managing director talks about the company’s presence at the Abu Dhabi Air Show, its electric vehicle portfolio and supporting UAE’s net-zero goals

AD Ports Group acquires 80% stake in Global Feeder Shipping

AD Ports Group acquires 80% stake in Global Feeder Shipping

The transaction is expected to close in Q1 2023 subject to regulatory approvals,

Fugro Abu Dhabi Ports sign agreement

Fugro, AD Ports Group to create platform to implement remote and autonomous technology

The entities will jointly develop procedures for the use and implementation of unscrewed surface vessels, establishing a remote and autonomous testing site for these vessels

Abu Dhabi Airports to introduce biometric tech

Abu Dhabi Airports to launch advanced biometric technology

The phased roll-out has begun with US flights from Abu Dhabi, offering facial recognition facility and an end to multiple passport and boarding pass checks

AirArabia-Abu-Dhabi

Air Arabia Abu Dhabi marks first flight to Kuwait

Air Arabia Abu Dhabi now operates 28 direct routes from the capital

Wizz air

Wizz Air Abu Dhabi commences first flight to Kuwait

The new route will strengthen connectivity within the GCC

sharjah taxi announces it has converted 65 per cent of fleet to hybrid vehicles

Sharjah Taxi aims to increase hybrid vehicle fleet

Sharjah Taxi is aiming to convert about 60 per cent of its fleet operating at Sharjah International Airport and in Sharjah City to eco-friendly hybrid vehicles by the end of the year

Abu Dhabi Airports

Abu Dhabi Airports unveils new brand identity

The new corporate identity underpins future growth plans for the airports operator

First Etihad Airways flight using SAF departs Tokyo

Flight EY871 departed Tokyo Narita airport at 3pm on Thursday, October 27

Saudia to purchase 100 electric jets in sustainability push

Saudia to purchase 100 electric jets in sustainability push

With zero operating emissions, the Lilium jets will enable sustainable and time-saving travel

Qatar Airways

Qatar Airways signs SAF agreement with Gevo

The airline will be uplifting 5 million US gallons of neat SAF every year and will blend it with its existing supply of conventional jet fuel

oil imports

Abu Dhabi’s Al Seer Marine acquires third VLCC valued at Dhs396m

The strategic acquisition of VLCC Acrux has increased Al Seer Marine’s fleet value to more than Dhs1.2bn

nol card monorail rta

Dubai’s RTA activates nol card to pay fares for The Palm Monorail rides

Residents, visitors and tourists can now use nol gold, silver or blue cards to pay for their daily journeys on The Palm Monorail

Saudi Arabia launches supply chain initiative to beckon $10.6bn of investments

The initiative will contribute to overcoming challenges faced by global supply chains

Emirates activates codeshare, interline agreements with Batik Air

Dubai’s Emirates announces codeshare, interline agreements with Batik Air

The partnership expands connectivity for Emirates customers with access to 25 Indonesian points on a single ticket and one baggage policy

DXB to welcome 2.1 million passengers between October 21-30

Dubai’s DXB to welcome 2.1 million passengers between October 21-30

October 30 is expected to be the busiest day, with daily passenger traffic to exceed 259,000