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Category: BUSINESS

Posted on 24/02/2025

UAE Launches 10-Year Blue Residency Visa: Everything You Need to Know

The first phase of the Blue Visa system has been formally launched by the United Arab Emirates (UAE), which grants international nationals a 10-year residency visa. By attracting people who support …

Posted on 24/02/2025

Dubai: Flydubai posts record profit before tax, driven by lower fuel costs, higher passenger numbers

Flydubai reports record pre-tax profit of Dh2.5 billion in 2024, driven by lower fuel costs and network expansion. The airline added over 6,000 employees and expanded its network to 131 destinations.

Posted on 24/02/2025

Dubai: Flydubai adds over 6,000 employees, posts record pre-tax profit of Dh2.5 billion in 2024

Flydubai on Monday announced that it added over 6,000 new workers last year as it posted record profit before tax in its 15-year history on the back of lower fuel costs and network expansion. The …

Posted on 24/02/2025

UAE plan $40 billion investments in Italy, PM Meloni says

The United Arab Emirates plan investments in Italy worth 40 billion dollars, Italian Prime Minister Giorgia Meloni said on Monday, without giving a time frame.

Posted on 24/02/2025

Wilo celebrates major milestone with expansion of UAE factory to double capacity

Strategic investment underscores Wilo’s commitment to sustainability, innovation, and supporting the UAE’s economic vision …

Posted on 24/02/2025

Is Daniel Pettit in Dubai? New case against his mother suggests she helped him flee again

An alleged Iowa fraudster with more than $200 million in debts may have fled to Dubai with his mother’s help, a new lawsuit claims.

Posted on 24/02/2025

Spring Valley to establish agro-commodity hub at JAFZA, driving regional food security

Dubai, UAE – Spring Valley, a home-grown agro-commodity supplier, is investing AED 184 million to develop a new distribution hub at Jebel Ali Free Zone (Jafza), supporting regional food security.

Posted on 24/02/2025

Ducab Metals Business expands UAE manufacturing and export capabilities to meet rising global demand

The UAE-India Comprehensive Economic Partnership Agreement (CEPA) opens new trade opportunities, with DMB aiming to expand its market presence in 2025 …

Posted on 24/02/2025

Dubai-headquartered fintech MANSA secures $10mn in funding to expand cross-border payments solutions

MANSA, the Dubai-based global fintech innovator in cross-border payments, announced the successful closure of its $10 million funding round. The company said it has raised $3 million in a pre-seed …

Posted on 24/02/2025

UAE introduces 90-day visa with no sponsor requirement: Key details revealed

The UAE has launched a new 90-day visa that eliminates the need for a local sponsor, facilitating longer stays for tourists, business travelers, and families. The visa allows for multiple entries and …

Posted on 24/02/2025

Surf Abu Dhabi’s Ryan Watkins on the sport’s rising popularity in the region

Ryan Watkins discusses the significance of the Surf Abu Dhabi Pro and positioning the emirate as a global surfing destination …

Posted on 24/02/2025

NAGA Abu Dhabi announces the promotion of Paul Turner to Senior Executive Officer

This advancement recognizes his exceptional leadership, strategic vision, and unwavering dedication to fostering the company’s growth and innovation within the financial services sector …

Posted on 24/02/2025

Sanad jet engine deal with Pratt & Whitney to create 1,000 jobs in Abu Dhabi

Jet engine maintenance specialist Sanad said its new aircraft engines overhaul deal with Pratt & Whitney will more than double its workforce and create more than 1,000 new jobs in Abu Dhabi, providing …

Posted on 24/02/2025

UAE: Agthia Group to explore M&As, target growth in global markets in next 5 years

The Abu Dhabi-listed group achieved Dh321.83 million net profit in 2024, an increase of 7.40 per cent. Stay up to date with the latest news. Follow KT on WhatsApp Channels.

Posted on 24/02/2025

UAE launches 90-day visa without a need for sponsors: Everything you need to know

The UAE has introduced a new 90-day multiple-entry visa that requires no local sponsor. It is extendable up to 180 days annually, aimed at boosting tourism and business. Applicants need to be at least …

Posted on 24/02/2025

Dubai real estate: Freehold rule changes cause spike in buyers, developments, prices, experts say

The joint development efforts are expected to open up opportunities for both owners and developers to maximise the market advantage of these properties …

Posted on 24/02/2025

Dubai now offers online licence for boat, vessel; how to apply, costs explained

Get your boat or vessel driving license in Dubai without attending classes. Learn how to apply, the associated costs, and the types of marine licenses available, including pleasure and commercial …

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