Emirates posted a $1.1 billion loss in May 2022, following a $5.5 billion loss in May 2021, as the airline was heavily impacted by the Covid-19 pandemic and soaring fuel prices.
UAE’s Emirates reports record $2.9 billion in profit after two years of losses
Emirates reported an annual profit of $2.9 billion for the fiscal year 2022-23. This constitutes a record high for the Dubai-based airline. The profit was driven by an 81% increase in revenue …
Passerbys foil man’s bid to rob a woman at knifepoint in Dubai; jailed for six months
The case dated back to October last year when an Asian woman filed a complaint in which she stated that she had been robbed under duress by an African.
Inside Jumeirah Beach Hotel’s stylish new beachfront
Jumeirah Beach Hotel’s gleaming silhouette, reminiscent of a wave playfully lapping Dubai’s shoreline, perfectly embodies the refreshing, sea breeze spirit of our first hotel. Now part of a trilogy of …
Joey Essex officially welcomed into ‘new home’ in Dubai as he quits Essex after horrifying break in at £1m mansion
JOEY Essex has been officially welcomed into his “new home” in Dubai, as he quit Essex after a horrifying home break in. The former The Only Way Is Essex star was all smiles as he met …
Dubai: No appointment required for Filipino expats claiming passports at consulate
Filipino expats in Dubai and the Northern Emirates — who have applied for passport renewal — do not need to call the Philippine Consulate-General (PCG) or ..
Dubai’s Emaar Properties posts better than expected profit leap
Emaar Properties , Dubai’s biggest listed real estate company, on Thursday reported a better than expected 43% jump in first-quarter net profit on higher group property sales.
5G: le palmarès des villes les mieux couvertes réserve des surprises
D’après les données de l’ANFR et de l’Arcep, les villes les mieux connectées à la 5G ne sont pas les grandes métropoles. Au contraire, Paris et Marseille sont en milieu de classement.
Axiom Telecom prepares for Samsung GALAXY S4 sales rush as pre-bookings begin
and is available to pre-book via Axiom Telecom to customers in the UAE. The Samsung GALAXY S4 was developed to redefine the way the consumers live and to help maximize their fulfillment of life.
Telecom Italia CEO says service arm is “already sustainable”
The head of Telecom Italia (TIM) said the company’s service business is “already sustainable” as a standalone entity and is expected to generate strong core profit this year.
CABSAT 2023 to welcome more than 75 top level speakers from national and international production, broadcast and satellite industries
Regional and global speakers will share insights at keynotes, talks and panel discussions within the Content Congress, Sat Expo and Next Gen Content Screenings …
Energy industry and technology leaders gather in UAE to tackle hydrogen’s unanswered questions ahead of COP28
MoIAT launches the “Technology for Climate Action” dialogues initiative ahead of COP28 to deep dive into key enabling climate technologies …
UAE Climate Tech panel: Sarah Al Amiri, UAE minister of state for advanced technology
Sarah Al Amiri, the United Arab Emirates’ minister of state for advanced technology, speaks to CNBC’s Dan Murphy at the Climate Tech conference in Abu Dhabi about the nexus between decarbonization and …
Adani’s Abu Dhabi Backer Says No Plan to Join Any New Share Sale
Abu Dhabi-based International Holding Co., which has invested almost $2 billion in companies owned by Gautam Adani, doesn’t plan to take part in any potential share sales if the Indian billionaire …
UAE announces major tax update
UAE Ministry of Finance issues Ministerial Decision on corporate tax UAE announces major tax update Corporate tax, Corporate tax UAE, UAE, UAE Corporate Tax, UAE Ministry of Finance, uae tax, UAE tax …
Sheikh Mohammed says, ‘Emirates makes record profit of Dhs10.9 billion, airline represents the spirit of Dubai’
Emirates carried nearly 720 million passengers and 38 million tonnes of cargo both to and through #Dubai. Together with its partners, Emirates offers flights to over 500 cities, connecting people in …
Vodafone deepens ties with Dubai amid national security concerns over Three deal
Closer ties with Etisalat will add to national security concerns surrounding Vodafone as it tries to push through a £15bn merger with rival Three.