One of former South African President Jacob Zuma’s sons, who is known for his love of luxury cars and lavish lifestyle, has entered the political fray and founded a business-friendly party known as …
Dubai Chambers partners with DP World to drive overseas expansion and enhance Dubai’s competitiveness in global investment landscape
Dubai Chambers is the engine of Dubai’s economic development and business growth, and is committed to empowering the local business community, building and reinforcing international partnerships, …
Etihad posts 2022, 2023 profits and is readying for possible IPO, CEO says
Abu Dhabi’s Etihad Airways has returned to profit and is improving its transparency, governance and balance sheet to be ready for an initial public offering should its sovereign wealth fund owner …
Dubai construction giant Drake & Scull shares set to resume trading on DFM
The move comes after the company successfully increased its share capital by at least AED300 million, in accordance with the court-approved restructuring plan …
Realising UAE Net Zero 2050 will push GDP to $1tn, says Green Future Project boss
Besides, collaboration between federal and local governments, the private sector, and communities could yield an extra AED70 billion to the UAE with investments offset by long-term cost savings by 208 …
Sharjah to get passenger train station linked to Etihad Rail
Connecting the main track of the railway network to the station in Sharjah is expected to boost Etihad Train’s passenger traffic to 14,000 per day, especially since it will serve …
Sharjah to connect to Etihad Rail network with new station
The passenger station that will connect to the Etihad Rail network will be strategically located near Sharjah University City …
Sharjah welcomes over 400,000 European visitors in 2023
Berlin: The Emirate of Sharjah witnessed a significant increase in European guests visiting the emirate in 2023, welcoming more than 400,000 visitors from the European market. This marks a notable 28% …
Sharjah Ruler observes Etihad Tr. Track linked to passenger stn.
Sharjah24: His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah witnessed, in the presence of Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of …
Abu Dhabi’s Etihad Airways sees a $143 million profit in 2023 as passenger numbers rise
Etihad saw revenue of $5.5 billion in 2023, compared to $4.9 billion in 2022. Its profit in 2022 was just $25 million. It reported a loss of $478 million in 2021 and a staggering $1.7 billion loss in …
Abu Dhabi’s Etihad Airways reports $1.1bn in passenger revenue following expansion to 15 new destinations in 2023
Etihad Airways has ‘more frequencies’ to Indian than Qatar Airways and Emirates, says the UAE-based carrier’s CEO …
Abu Dhabi’s financial centre posts 32% growth in company registrations in 2023
Abu Dhabi’s financial centre, the Abu Dhabi Global Market (ADGM), said on Wednesday that the number of companies that set up base there grew 32% in 2023 from a year earlier, reaching a total of 1,825.
Labour considers backing amendment to block UAE’s Telegraph takeover
Labour will meet on Wednesday to consider whether to back a parliamentary amendment which would create new powers to prevent the UAE-backed takeover of The Telegraph. It comes after more than 100 MPs …
Gaza war: UAE, Egypt carry out third airdrop of humanitarian aid
The Joint Operations Command of the Ministry of Defence has announced the completion of the third airdrop of humanitarian and relief aid, carried out by the UAE Air Force and the Egyptian Air Force in …
UAE’s focus on innovation results in high trust: Edelman
Respondents to survey said innovation is well managed in the UAE and all four institutions – government, business, NGOs and media – are trusted to integrate innovation into society. Government leads …
UAE’s online shopping population touch 6.5mln in 2023
Around two million, or 20% of the UAE population have shifted to online shopping during the last few years – raising the online shopping population from 4.5 million in 2019 to 6.5 million in 2023.
Abu Dhabi to tender Khazna solar contract
The planned Khazna solar independent power project (IPP), also known as PV4, will have a capacity of 1,500MW. It will be located in Khazna, between Abu Dhabi and Al Ain, and is expected to reach …