Company Insights Emirates Airline Aviation Emirates Airline News Business of Sport Bayern Munich and Qatar Airways end $50m sponsorship German football club Bayern Munich will not renew its five-year sponsorship deal with Qatar Airways after it expires this month. The decision was made by mutual consent, according to a joint statement issued on the club’s website on Wednesday. “The connections that FC Bayern has been able to forge with its fans in the Arab […] June 28, 2023 Aviation Sponsorship deal grows Emirates’ presence in Africa Emirates airline is to sponsor a Tunisian sports club, as the Dubai carrier looks to increase its revenues in Africa. The airline will sponsor Etoile Sportive du Sahel, which has teams across a number of sports including football, basketball, volleyball and handball. Emirates’ branding will be on the teams’ jerseys and training kits, as well […] June 23, 2023 Opinion Aviation Riyadh Air tantalises Paris with promise of ‘Saudi hospitality’ As a 'no legacy' airline, there is room to try a different approach – and that could mean in-flight alcohol June 23, 2023 Aviation UAE aviation training firm cashes in on pilot demand A pressing need for airlines to requalify pilots as global air travel recovers has sent business soaring for Etihad Aviation Training, with revenues up 30 percent this year. In addition to training and maintaining aircrews for Etihad Airways, the training business supports 70 other passenger, freight and charter operators, as well as government VIP fleets. […] June 14, 2023 Analysis Economy Wealth funds likely to increase African investments Sovereign investors from the UAE and wider GCC bloc are likely to ramp up investments across African countries, building on a 50 percent jump in capital flows from the Middle East over the past five years, say experts. Agriculture, energy and infrastructure are sectors likely to benefit from multi-billion dollar deals as the UAE accelerates […] June 13, 2023 Aviation Emirates explores more long-haul jets amid rising demand Dubai-based Emirates plans to order more Airbus A350, Boeing 777X or 787 jetliners as it seeks to expand its fleet amid soaring demand and growing competition in the region. “We are looking at both more A350s, more 777-9 and possibly the 787 range,” airline president Tim Clark told reporters on the sidelines of the International Air […] June 7, 2023 Aviation Profit of Middle East carriers to soar 43% to $2bn in 2023 The net profit of Middle East carriers is expected to rise 42.8 percent to $2 billion in 2023, from $1.4 billion in 2022, on higher passenger revenue and capacity, International Air Transport Association (Iata) said in a new report. Revenue passenger kilometres is forecast to grow by 20.8 percent this year compared to a drop […] June 6, 2023 Banking & Finance Dubai sovereign wealth fund sees profits rise five-fold Investment Corporation of Dubai (ICD) reported a five-fold rise in annual net profit on Wednesday as the government-owned holding company benefited from soaring hydrocarbon and transportation-related revenues. Dubai’s sovereign wealth fund owns Emirates and FlyDubai airlines, travel agency dnata, Emirates National Oil Company and stock exchange operator Borse Dubai. It also holds major stakes in […] May 31, 2023 Video length: 3:37 Video Real Estate Dubai’s wealthy buyers short of new homes in prime areas Global high-net-worth individuals are looking to Dubai to invest in property, but with only 289 units due to be completed in prime residential areas by 2026, supply in the emirate’s real estate market is low, driving prices up. “We are short of easy-to-activate waterfront development sites – we have run out of coastline,” said Faisal Durrani, […] May 31, 2023 Aviation Emirates’ Penelope Cruz signing targets Spain and Latin America Emirates is planning to spread its wings further across Spanish-speaking destinations with the help of actress Penelope Cruz. The Academy Award-winning star has been announced as the latest brand ambassador for Emirates. She will feature in a series of advertising campaigns across the summer in English and her native Spanish. Emirates – which reported a […] May 26, 2023 Posts navigation Previous 1 … 17 18 19 … 27 Next
Business of Sport Bayern Munich and Qatar Airways end $50m sponsorship German football club Bayern Munich will not renew its five-year sponsorship deal with Qatar Airways after it expires this month. The decision was made by mutual consent, according to a joint statement issued on the club’s website on Wednesday. “The connections that FC Bayern has been able to forge with its fans in the Arab […] June 28, 2023
Aviation Sponsorship deal grows Emirates’ presence in Africa Emirates airline is to sponsor a Tunisian sports club, as the Dubai carrier looks to increase its revenues in Africa. The airline will sponsor Etoile Sportive du Sahel, which has teams across a number of sports including football, basketball, volleyball and handball. Emirates’ branding will be on the teams’ jerseys and training kits, as well […] June 23, 2023
Opinion Aviation Riyadh Air tantalises Paris with promise of ‘Saudi hospitality’ As a 'no legacy' airline, there is room to try a different approach – and that could mean in-flight alcohol June 23, 2023
Aviation UAE aviation training firm cashes in on pilot demand A pressing need for airlines to requalify pilots as global air travel recovers has sent business soaring for Etihad Aviation Training, with revenues up 30 percent this year. In addition to training and maintaining aircrews for Etihad Airways, the training business supports 70 other passenger, freight and charter operators, as well as government VIP fleets. […] June 14, 2023
Analysis Economy Wealth funds likely to increase African investments Sovereign investors from the UAE and wider GCC bloc are likely to ramp up investments across African countries, building on a 50 percent jump in capital flows from the Middle East over the past five years, say experts. Agriculture, energy and infrastructure are sectors likely to benefit from multi-billion dollar deals as the UAE accelerates […] June 13, 2023
Aviation Emirates explores more long-haul jets amid rising demand Dubai-based Emirates plans to order more Airbus A350, Boeing 777X or 787 jetliners as it seeks to expand its fleet amid soaring demand and growing competition in the region. “We are looking at both more A350s, more 777-9 and possibly the 787 range,” airline president Tim Clark told reporters on the sidelines of the International Air […] June 7, 2023
Aviation Profit of Middle East carriers to soar 43% to $2bn in 2023 The net profit of Middle East carriers is expected to rise 42.8 percent to $2 billion in 2023, from $1.4 billion in 2022, on higher passenger revenue and capacity, International Air Transport Association (Iata) said in a new report. Revenue passenger kilometres is forecast to grow by 20.8 percent this year compared to a drop […] June 6, 2023
Banking & Finance Dubai sovereign wealth fund sees profits rise five-fold Investment Corporation of Dubai (ICD) reported a five-fold rise in annual net profit on Wednesday as the government-owned holding company benefited from soaring hydrocarbon and transportation-related revenues. Dubai’s sovereign wealth fund owns Emirates and FlyDubai airlines, travel agency dnata, Emirates National Oil Company and stock exchange operator Borse Dubai. It also holds major stakes in […] May 31, 2023
Video length: 3:37 Video Real Estate Dubai’s wealthy buyers short of new homes in prime areas Global high-net-worth individuals are looking to Dubai to invest in property, but with only 289 units due to be completed in prime residential areas by 2026, supply in the emirate’s real estate market is low, driving prices up. “We are short of easy-to-activate waterfront development sites – we have run out of coastline,” said Faisal Durrani, […] May 31, 2023
Aviation Emirates’ Penelope Cruz signing targets Spain and Latin America Emirates is planning to spread its wings further across Spanish-speaking destinations with the help of actress Penelope Cruz. The Academy Award-winning star has been announced as the latest brand ambassador for Emirates. She will feature in a series of advertising campaigns across the summer in English and her native Spanish. Emirates – which reported a […] May 26, 2023
