Company Insights Emirates Airline Aviation Emirates Airline News Tourism Emirates Group hires 10% more staff following record profits Emirates Group reported a record half-year profit on Thursday despite fuel costs trebling as passenger numbers soared and customers opted for premium seats. The Dubai-based conglomerate, which includes Emirates Airline and travel agent dnata, attributed its performance to strong demand for air travel following the gradual easing of Covid 19-related restrictions worldwide. Middle East airlines reported […] November 10, 2022 Markets Empower raises nearly $724 mln following book-building process Emirates Central Cooling Systems Corporation (Empower) has set the final offer price for its initial public offering (IPO) at AED 1.33 per share, at the top of the price range, raising nearly AED 2.7 billion ($724 million). This comes following the successful completion of the book-building and public subscription process for its IPO, the UAE […] November 10, 2022 Aviation Emirates confirms order of five new Boeing jets worth $1.7bn Dubai-based Emirates has announced a firm order for five new Boeing 777-200LR freighter aircraft worth over $1.7 billion at list prices. Two units will be delivered in 2024, while the remaining three units in 2025, the airline said in a statement. The agreement takes the airline’s total order book to 200 wide-body aircraft. Sheikh Ahmed […] November 8, 2022 Opinion Retail The UAE’s soaring demand outstrips inflation woes The crucial fourth quarter will be a bumper one for UAE retailers despite inflationary pressures of oil prices October 28, 2022 Exclusive Tourism Sydney-based StayWell looks to add up to 15 Mideast hotels StayWell Holdings, one of the largest hotel management groups in Asia Pacific, is looking to add up to 15 new properties in the Middle East, with its luxury brand targeting debuts in Dubai and Riyadh. Simon Wan, president and director of StayWell Holdings, told AGBI that the expansion plan comes on the back of advances […] October 7, 2022 Energy Jet fuel pipeline opens as Dubai gears up for World Cup flights ENOC's 16.2km pipeline is delivering fuel to Al Maktoum International Airport, which will be a hub for World Cup match-day flights to Qatar October 3, 2022 Analysis Aviation Gulf carriers set to benefit from ‘reordering’ of aviation industry Gulf carriers are likely to strike up new partnerships with foreign airlines as the war in Ukraine and the lingering impact of the coronavirus pandemic threatens to reorder the global aviation scene. The reshaping of the airline industry as a result of pandemic-induced change is opening up new, and more competitive avenues for global airlines […] September 28, 2022 Health COVID-19 restrictions in UAE to loosen from Wednesday The situation is stable in the UAE as infections decline, says the National Emergency Crisis and Disasters Management Authority September 27, 2022 Analysis Economy UAE staff told to wait until next year for salary increases The majority of UAE companies are resisting giving staff a boost in their salaries to help compensate for the rising cost of living, with most putting any increases off until next year. Reuters reported in August that Emirates NBD, Dubai’s largest bank, had given its staff a pay rise of up to eight percent to […] September 26, 2022 Aviation Emirates and United Airlines sign codeshare pact to expand reach Dubai’s Emirates and US carrier United Airlines have signed a codeshare agreement to enhance their network amid a resurgence of air travel. Starting in November, Emirates customers flying into Chicago, San Francisco and Houston – three of the biggest business hubs in the US – will be able to connect to United flights to and […] September 15, 2022 Posts navigation Previous 1 … 23 24 25 … 27 Next
Tourism Emirates Group hires 10% more staff following record profits Emirates Group reported a record half-year profit on Thursday despite fuel costs trebling as passenger numbers soared and customers opted for premium seats. The Dubai-based conglomerate, which includes Emirates Airline and travel agent dnata, attributed its performance to strong demand for air travel following the gradual easing of Covid 19-related restrictions worldwide. Middle East airlines reported […] November 10, 2022
Markets Empower raises nearly $724 mln following book-building process Emirates Central Cooling Systems Corporation (Empower) has set the final offer price for its initial public offering (IPO) at AED 1.33 per share, at the top of the price range, raising nearly AED 2.7 billion ($724 million). This comes following the successful completion of the book-building and public subscription process for its IPO, the UAE […] November 10, 2022
Aviation Emirates confirms order of five new Boeing jets worth $1.7bn Dubai-based Emirates has announced a firm order for five new Boeing 777-200LR freighter aircraft worth over $1.7 billion at list prices. Two units will be delivered in 2024, while the remaining three units in 2025, the airline said in a statement. The agreement takes the airline’s total order book to 200 wide-body aircraft. Sheikh Ahmed […] November 8, 2022
Opinion Retail The UAE’s soaring demand outstrips inflation woes The crucial fourth quarter will be a bumper one for UAE retailers despite inflationary pressures of oil prices October 28, 2022
Exclusive Tourism Sydney-based StayWell looks to add up to 15 Mideast hotels StayWell Holdings, one of the largest hotel management groups in Asia Pacific, is looking to add up to 15 new properties in the Middle East, with its luxury brand targeting debuts in Dubai and Riyadh. Simon Wan, president and director of StayWell Holdings, told AGBI that the expansion plan comes on the back of advances […] October 7, 2022
Energy Jet fuel pipeline opens as Dubai gears up for World Cup flights ENOC's 16.2km pipeline is delivering fuel to Al Maktoum International Airport, which will be a hub for World Cup match-day flights to Qatar October 3, 2022
Analysis Aviation Gulf carriers set to benefit from ‘reordering’ of aviation industry Gulf carriers are likely to strike up new partnerships with foreign airlines as the war in Ukraine and the lingering impact of the coronavirus pandemic threatens to reorder the global aviation scene. The reshaping of the airline industry as a result of pandemic-induced change is opening up new, and more competitive avenues for global airlines […] September 28, 2022
Health COVID-19 restrictions in UAE to loosen from Wednesday The situation is stable in the UAE as infections decline, says the National Emergency Crisis and Disasters Management Authority September 27, 2022
Analysis Economy UAE staff told to wait until next year for salary increases The majority of UAE companies are resisting giving staff a boost in their salaries to help compensate for the rising cost of living, with most putting any increases off until next year. Reuters reported in August that Emirates NBD, Dubai’s largest bank, had given its staff a pay rise of up to eight percent to […] September 26, 2022
Aviation Emirates and United Airlines sign codeshare pact to expand reach Dubai’s Emirates and US carrier United Airlines have signed a codeshare agreement to enhance their network amid a resurgence of air travel. Starting in November, Emirates customers flying into Chicago, San Francisco and Houston – three of the biggest business hubs in the US – will be able to connect to United flights to and […] September 15, 2022
