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Around 3.5 million bottles of Champagne were shipped to the Gulf states in 2023, an increase of about 40 percent

Champagne shipments to the Gulf slow but still flowing

The growth in champagne shipments to the Gulf has slowed in recent years but the market is still one of the strongest in the world, bucking a global trend for declining sales. Around 3.5 million bottles of champagne were shipped to the Gulf states in 2023, an increase of about 40 percent, according to data […]

Emirates pilots pictured in an Airbus A380. Analysts have warned that the aviation industry could be short of 80,000 pilots by 2032

AI could help with pilot shortage, says Emirates COO

Artificial intelligence could allow for planes to fly with just one pilot, an Emirates airline executive has said. This would also help ease the Middle East’s pilot shortage and change how the aviation industry operates. Adel Ahmed Al Redha, chief operating officer of Emirates airline, told AGBI that aircraft operations “might go to maybe one […]

UAE back to school

Retailers rejoice as shoppers prepare for new school term

An estimated 1.5 million students across the UAE are expected to enrol for the new term on Monday – and retailers are welcoming the traditional spending spree for everything from school uniforms to stationery. This year’s back-to-school shopping sales in the UAE are predicted to reach about AED3 billion ($820 million). “Overall, there is expected to […]

Aircraft, Airliner, Airplane

Emirates buys five A380 jets from London-listed lessor

Dubai’s Emirates will buy five A380 jumbo jets leased from London Stock Exchange-listed Doric Nimrod Air Two Limited for $200 million. The leases on the five jumbo jets are expected to end between October 1 and November 30, 2024. Emirates will pay $40 million per jet under the new deal. NewsletterGet the Best of AGBI delivered […]

Middle Eastern carriers reported a 14 percent year-on-year demand growth for air cargo in June, according to Iata

PIF plans new cargo airline to take on UAE and Qatar

Saudi Arabia’s Public Investment Fund (PIF) is planning to launch a new cargo airline to compete with the logistics dominance of the UAE and Qatar, a news report said. The sovereign wealth fund is in early discussions with Boeing and Airbus about purchasing or leasing freighters, Bloomberg reported, citing informed sources.  The proposed new cargo […]

Last month Christian Scherer, head of the civil aircraft division at Airbus, hinted that the company might resume production of its four-engine A380 double-decker superjumbo

Airbus trims order book outlook for the Middle East

Airbus has reduced its forecast for demand for wide-body aircraft in the Middle East over the next 20 years. The European jet maker increased its global forecast for wide-body demand by 9 percent to 8,920 units. However, it cut its prediction for the Middle East by 2 percent to 1,570 aircraft. NewsletterGet the Best of […]

The UAE stopped issuing visas to Nigerians in 2022 after Dubai's Emirates suspended flights due to delayed repatriation of funds

UAE issues visas for Nigerians after two-year hiatus

The UAE government has started issuing visas for Nigerians after a halt of nearly two years. The governments of the UAE and Nigeria reached an agreement to resume travel between the two countries, Nigeria’s information minister said in a post on social messaging platform X. The UAE stopped issuing visas to Nigerians in 2022 after […]