Browsing: Business

Air Arabia’s shareholders have endorsed a 25 percent cash dividend distribution for the fiscal year ending 31 December 2024, during the company’s Annual General Meeting (AGM).

Dubai Chambers has revealed plans to host the Dubai Business Forum – Germany in Hamburg on 20th May 2025.

The Islamic Affairs and Charitable Activities Department (IACAD) has pledged AED1M to support the Fathers’ Endowment campaign. The initiative was launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.

The Roads and Transport Authority (RTA) in Dubai has upgraded 40% of its nol system, shifting from card-based ticketing to account-based ticketing (ABT) technology. The AED 550M project aims to finish by the end of Q3 2026.

Adnec Group has announced its highest-ever economic impact, contributing AED 8.5B to the UAE economy in 2024.

Dubai Chamber of Commerce recorded substantial growth in new business registrations in 2024, further solidifying…

The Abu Dhabi Investment Authority (ADIA) is expanding its investments in artificial intelligence (AI) by participating in a $200M seed funding round for a US-based life sciences company.

Dubai Aerospace Enterprise (DAE) Ltd has finalised agreements with multiple counterparties to acquire 17 aircraft for a total investment of approximately $1.0B. This strategic move aligns with the company’s ongoing efforts to expand its fleet and enhance its market position in the global aviation sector.

Etihad Airways has officially opened bookings for its new flight route to Medan, the primary gateway to North Sumatra, Indonesia. This strategic expansion aims to enhance connectivity between the UAE and Southeast Asia, catering to both business and leisure travellers.

Etihad Airways has officially opened bookings for its new flight route to Medan, the primary gateway to North Sumatra, Indonesia. This strategic expansion aims to enhance connectivity between the UAE and Southeast Asia, catering to both business and leisure travellers.