Browsing: CEO

Riyadh Air and the Saudi Tourism Authority (STA) have forged a fresh alliance with the signing of a Memorandum of Understanding (MoU) during the Arabian Travel Market (ATM) 2024.

ADNOC Gas has announced a 15% rise in revenues to $6.011B, with adjusted net income up by 21% to $1.19B for the quarter ending March 31st.

Saudi Arabia’s budget airline Flyadeal is mulling over expanding its fleet of single-aisle Airbus planes and enhancing its existing order of 50 narrow-body jets to facilitate the growth of its international route network.

Following Microsoft’s $1.5B investment in Abu Dhabi’s artificial intelligence and cloud company G42, attention is now on the Middle East’s growing position as a regional leader in global technology.

Dubai real estate developer Samana Developers has unveiled Samana Lake Views, a AED 1B ($272.2M) venture in Dubai Production City.

RAKBANK has announced a record quarterly post-tax net profit of AED 574.2M ($156.3M), marking a 27.5 percent increase (39.7 percent increase on a pre-tax basis) driven by sustained momentum on both sides of the balance sheet in the first quarter.

Etihad Airways has announced plans to introduce its A380 double-decker aircraft on flights to Paris Charles de Gaulle Airport, starting from November 1, 2024.

Social media platform X is reportedly gearing up to launch a dedicated television app, marking a significant expansion into video content for the company.

CEO Bander Al Mohanna has confirmed that Flynas, Saudi Arabia’s budget airline, intends to launch an Initial Public Offering (IPO) later this year, publicly listing its shares on the Tadawul stock exchange.

Following the heaviest rainfall the UAE has experienced in 75 years, Dubai Airports has returned to full capacity, with normal flight schedules now in place.