Shares of Boeing rose on Monday after a report said China was considering ending its freeze on purchases of the planemaker’s best-selling 737 MAX aircraft after more than four years. This, coupled …
Dubai Taxi Company set for big IPO, plans DFM listing
and to list its ordinary shares for trading on the Dubai Financial Market (DFM). Under this, a total of 624.7 million shares (each with a nominal value of AED 0.04) will be made available in the …
Former FTX General Counsel Can Sun To Lead New Dubai Crypto Exchange
Former FTX general counsel Can Sun is leading a new crypto exchange in Dubai that aims to sell a 10% stake to investors for $100 million..
Sharjah fourth-grader performs Heimlich maneuver to save classmate. Does your kid know the first aid?
The Sharjah Police has honoured young Ali Muhammad bin Harb Al-Muhairi for saving a boy who was choking on a coin.
Air Arabia’s first Kolkata flight from Terminal A in Abu Dhabi Airport
Air Arabia Abu Dhabi will welcome its first flight, arriving from Beirut, Lebanon, at 17:55 on Tuesday at the new terminal, while its first departing flight will head to Kolkata, India, at 18:55 on …
Dubai real estate: Not everybody is a millionaire, so UAE needs more mid-market property
Dubai needs more mid-market real estate developments to attract wider range of investors and home-buyers, according to a property developer in the UAE. ZāZEN Properties says Dubai-based real estate …
Technology to spur UAE payments sector revenue to $19.8b by 2027: BCG
The UAE payments industry is projected to record a 55 per cent jump in total revenue pool to $19.8 billion in five years, on the back of growing digital transactions and technological advancements …
Dubai-based player fixed rig to drill 470 million barrel West Africa well
A Dubai-based independent is set to drill a high profile frontier wildcat next year on a 470 million barrel prospect offshore Guinea-Bissau after fixing a rig from Diamond Offshore. Guinea-Bissau, …
Etihad unveils new-look Dreamliner at Dubai Airshow 2023: more leg-room, high-speed Wi-Fi, large TVs
Etihad is showing off its new-look Boeing 787 Dreamliner at the Dubai Airshow this week. Etihad’s new aircraft boasts more leg room in Economy class, full-recline Business class beds and upgraded …
Dubai Restarts Privatizations After a Year With Taxi IPO
Dubai kickstarted its privatization program after a one-year hiatus with the planned initial public offering of its taxi business, as share sales gather pace in the United Arab Emirates in the final …
Emirates, flydubai among Boeing’s big customers at Dubai Airshow
Emirates announced a bumper order of 95 planes and flydubai snapped up 30 wide-bodied aircraft as US manufacturer Boeing did brisk business on day one of the Dubai Airshow on Monday.Dubai-based …
Boeing takes 777X to Dubai showcase as delivery questions loom
A line of recently built Boeing 777X commercial jetliners sit waiting livery-paint while parked on near the factory at Paine Field in Everett, Washington on September 25, 2023. Boeing will fly the jet …
Sharjah records Dhs3.6 billion in real estate deals
The monthly real estate transactions report of October 2023 issued by Sharjah Real Estate Registration Department, revealed that 3,798 transactions …
Sharjah made 11,025 parking spaces paid so far this year
Municipality says move serves parking demand and urban and population growth of the city A paid parking metre next to parking spaces in Sharjah. Some parking zones, indicated by blue signs, are paid …
Abu Dhabi Maritime celebrates marina excellence at inaugural awards
With its successful debut, the inaugural Abu Dhabi Maritime Awards, Marinas Edition, has undoubtedly left an indelible mark in the maritime industry, and it paves the way for a future where innovation …
UAE: University students can win Dh1 million by entering this sustainability competition
University students in the UAE have the golden opportunity to win a grant of Dh1 million to fuel their start-up dreams. Organised by the Ministry of Education, the ‘Sustainability Innovators Challenge …
UAE economy will see non-oil boost in 2024: OPEC
The UAE’s non-oil economic activities continue to see robust performance and are expected to extend healthy development into 2024, the Organisation of the Petroleum Exporting Countries (OPEC) said.