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Posted on 09/05/2024

Abu Dhabi’s Etihad Airways Q1 profit soars to Dh526m as passenger numbers spike by 41%

Image Credit: Etihad Airways Abu Dhabi: UAE’s flag carrier Etihad Airways posted its Q1 2024 results on Thursday, recording a profit after tax of Dh526 million, marking a significant improvement over …

Posted on 09/05/2024

How will Abu Dhabi’s ‘Dark Sky’ policy impact you?

The Dark Sky initiative is the first of its kind in the region and seeks to set a blueprint for responsible lighting practices …

Posted on 09/05/2024

UAE’s Minister of Energy and Infra tours rain-affected areas

Suhail Mohamed Al Mazrouei, UAE’s Minister of Energy and Infrastructure, toured a number of areas, federal roads, and dams on the eastern coast that were affected by the unprecedented rainfall the UAE …

Posted on 09/05/2024

UAE schools ask parents to not use illegal transport services

Educators and road safety experts have emphasised that parents must prioritise their children’s safety over financial considerations and ensure that any …

Posted on 09/05/2024

UAE: Big Ticket raffle draw to resume operations from June 3

Abu Dhabi’s popular raffle Big Ticket has announced that it will resume its operations after a temporary halt beginning from May 9. The next live draw has been scheduled for June 3.This comes after …

Posted on 09/05/2024

CEPAs play key role in surging FDI inflows to UAE: ADIO official

The UAE’s strategic location, focus on digitalisation and future-oriented industries also complement this favourable trend:Massimo Falcioni …

Posted on 09/05/2024

Unlocking financial freedom: 5 expert tips for retiring in the UAE

Retirement planning consists of anticipating future needs and factoring in potential healthcare costs while ensuring that the plan aligns with personal aspirations …

Posted on 09/05/2024

Over a dozen UAE-India flights cancelled by Air India Express on Thursday

Update on Day 2 of mass sick leave crisis at the Indian carrier Travel agents in the UAE said most of the affected AIE passengers preferred to reschedule their cancelled flights. Image Credit: …

Posted on 09/05/2024

UAE: Gold Prices Inch Higher In Early Trade In Dubai

Gold prices inched higher in UAE at the opening of the markets on Thursday. According to Dubai Jewellery Group data, the 24K variant of th …

Posted on 09/05/2024

EFG Hermes completes advisory on $375mln IPO of Spinneys on the DFM

Dubai: EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking …

Posted on 09/05/2024

Dubai residents stop renting, start buying as mortgage payments start to ‘match’ rental costs: Experts

Rent hikes driven by Dubai’s real estate market boom are prompting residents to downsize, relocate to more affordable areas, or buy property, experts say …

Posted on 09/05/2024

Spinneys shares up more than 9% as it starts trading on the Dubai Financial Market

Spinneys, the operator of premium supermarkets in the UAE and Oman, saw its share price rise as it began trading on the Dubai Financial Market, following an initial public offering that raised Dh1.37 …

Posted on 09/05/2024

Dubai Financial Center Poised for Record Growth This Year

Dubai International Financial Centre (DIFC) anticipates a record number of businesses to establish themselves in the Middle East’s economic hub, drawing in major hedge fund players like Millennium …

Posted on 09/05/2024

UAE Ministry of Finance make framework to enable better public-private partnerships

The Ministry of Finance is committed to enhancing public-private partnerships and recognises the significant role that such collaboration plays in the socio-economic development of the UAE. It also …

Posted on 09/05/2024

Alserkal Avenue restaurants: Guide to eating in Dubai’s artsy district

When Leon Surynt was looking for a place in Dubai to open his first coffee roastery, he gravitated to Al Quoz, motivated in part by its juxtaposition to the rest of Dubai’s modern metropolis …

Posted on 09/05/2024

UAE’s Phoenix Group Acquires 12.5% Stake in Rekt Studios

Abu Dhabi-based cryptocurrency firm Phoenix Group has acquired a 12.5% stake in UAE-based Web3 gaming and entertainment startup Rekt Studios.[1] Read More: Cryptocurrency Miner Phoenix Group to …

Posted on 09/05/2024

Experience unmatched outdoor dining all month long at Ninive Dubai

Sponsored: Get the best of it all before warmer days are here… As temperatures in the UAE begin to soar, take a break and relax at an oasis of tranquility, as Ninive at the Jumeirah Emirates Towers …

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