• Emirates retains fourth most valuable airline brand status

    Dubai, UAE -- UAE carrier Emirates defended its title as the fourth most valuable airline brand, with a staggering 30 percent increase in brand value, reaching $6.6 billion, according to Brand Finance, a brand valuation consultancy. With global travel recovering after the peak of the COVID-19 pandemic, airline brands in the Middle East have...

  • Emirates to recruit 5,000 crew members in 2024

    DUBAI, UAE – Emirates will hire 5,000 people as it awaits the arrival of its fleet of Airbus A350s. The airline is inviting fresh graduates with internships or part-time jobs on their résumés, those with a year or so of hospitality or customer service experience, and individuals keen to embark on...

  • EDB pledges to expand UAE’s renewables market through easy financing

    Dubai, UAE-- With its financing packages for the renewables sector to support the transition to clean and sustainable energy sources, Emirates Development Bank (EDB) underscores its commitment to driving the development and growth of solar power adoption across the emirates. The bank, in line with the UAE Energy Strategy 2050...

  • Emirates sign deal with Airbus to buy 15 A350-900s

    Dubai, UAE - Dubai-based Emirates on Thursday announced an order for 15 long-haul Airbus A350-900s, bringing to 110 the number of additional aircraft the company has ordered at this year's Dubai Air Show. "The A350-900s will add to our fleet mix and we are pleased to announce additional orders for this...

  • Emirates, Safran sign pacts worth $1.2bn

    Latest generation Safran Seats for new Emirates Airbus fleet part of the deal.

  • EgyptAir orders 10 Airbus A350 planes in $3.2bn deal at Dubai Airshow

    The transaction is worth $3.2 billion, reports say.

  • Emirates to build advanced $950m engineering facility at DWC

    Dubai, UAE -- Emirates has unveiled a plans to build a $950 million cutting-edge engineering facility at Dubai World Central (DWC). Spanning 1 million square meters, the engineering complex is set to become the most extensive and advanced facility of its kind operated by any airline globally, Emirates said in...

  • Emirates, flydubai among Boeing’s big customers at Dubai Airshow

    Emirates, the Middle East's biggest airline, made the largest purchase with its $52 billion order for 55 Boeing 777-9s, 35 777-8s and five 787 Dreamliners. The 777-9s are expected for delivery in 2025 and the 777-8s are scheduled for 2030.

  • First SAF-powered Emirates flights cleared for take-off from Dubai

    Dubai, UAE -- The first Emirates flights operating with sustainable aviation fuel (SAF) provided by Shell Aviation have taken off from Dubai International Airport (DXB). Emirates’ flight EK 412 bound for Sydney on 24th October was among the first to operate with SAF. Shell has supplied 315,000 gallons of blended...

  • Hamriyah Freezone and Amazon UAE sign lease agreement for new logistics center

    Sharjah, UAE--Hamriyah Freezone Authority (HFZA) and Amazon UAE have signed a lease agreement for a new logistics centre which will enhance delivery services for customers in the Northern Emirates. In line with HFZA's vision to bolster economic growth and innovation in the region, the agreement supports Amazon UAE’s commitment to...

  • Durar launches ‘MASA Residences’ in Ras Al Khaimah worth US$190.58m

    RAS AL KHAIMAH -- Durar, a prominent UAE real estate developer, is set to launch MASA Residences, a luxury residential development in Ras Al Khaimah. This $190.58 million project, with interiors by YOO inspired by Starck, marks Durar's entrance into the UAE's Northern Emirates and is poised to elevate Al...

  • Delta suspends Israel flights through October 31

    The suspension of flights by the airline follows similar decisions by American Airlines, Air France, Lufthansa, Emirates and Ryanair and others that this weekend pulled flights to Tel Aviv's Ben Gurion airport. American Airlines on Monday said it operated two flights out of Tel Aviv on Saturday and Sunday to...

  • Ajman records US$1.01 billion in construction contracts in H1 2023

    Ajman, UAE-- The value of construction contracts in the emirate has exceeded $1.01 billion during the first half of 2023, in line with its strategic goal to achieve the sustainable development of the construction and contracting sector, according to the Ajman Municipality and Planning Department. Abdul Rahman Mohammed Al Nuaimi,...

  • Dubai records 78% realty sector YoY growth in May 

    Dubai, UAE: Dubai's property sector has witnesses a 78 percent increase in sales volume in May 2023 when compared to the same period one year ago. About 11,700 real estate transactions were logged last month, an almost double bump from the 6,587 sales that were registered in May 2022. A...

  • Dubai tourist visa: 10-day overstay grace period abolished

    Dubai, UAE - Dubai has scrapped the 10-day grace period for visitors whose tourist visas have expired, Arabian Business reported on Friday.  Previously, individuals who overstayed their visas were allowed an additional 10 days in Dubai before facing penalties. However, Dubai has now followed other emirates in removing this grace...

  • Gulf Air, Emirates sign deal

    The two airlines announced the start of a codeshare agreement.

  • UAE launches National Genome Strategy for healthcare efficiency

    Genome programs will also help create new economic opportunities in the UAE by attracting partnerships in fields such as artificial intelligence, advanced medical care, pharmaceuticals, and research and technology.

  • Emirates and Air Canada sign MoU to boost cargo services

    Dubai, UAE-- Emirates SkyCargo and Air Canada Cargo have inked a Memorandum of Understanding (MoU) to provide additional benefits to its global air cargo clients. The MoU was signed at Emirates Headquarters in Dubai, UAE, by Nabil Sultan, Emirates Divisional Senior Vice President, Cargo, and Matthieu Casey, Managing Director Commercial,...

  • Emirates H1 profit at US$1.1bn

    Revenues in H1 of 2022-2023 surged 131% to $13.7 billion.

  • WB expects UAE’s real GDP to grow by 5.9% in 2022

    The global financial institution said higher oil receipts supplemented with a gradual non-oil recovery in the Emirates will bolster fiscal revenue.

  • Emirates SkyCargo, United Cargo sign MoU

    The two airlines will work on expanding cargo interline options.

  • Jewels of Emirates Show features 20 UAE and international designers

    The third edition of The Jewels of Emirates Show, UAE’s inaugural event specializing in diamond jewelry, gold, silver and luxury watches began on Thursday at Expo Center Sharjah. Organized by Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce & Industry (SCCI), it features around 100 of the...

  • Dubai records $386 million in real estate transactions on Monday

    Dubai real estate market recorded 552 sales transactions worth AED 1.42 billion ($386 million) and 78 mortgage deals of AED 210.62 million, in addition to 20 gift deals amounting to AED 120.57 million Monday, data released by Dubai's Land Department (DLD) showed. The sales included 427 villas and apartments worth...

  • Emirates posts $1.1 billion annual loss despite $954million capital injection

    Losses came in at 3.9 billion dirhams ($1.1 billion) in the 2021-2022 financial year to March, with revenues up 91 percent, as the airline expanded its global capacity and reinstated flights, Emirates said in a statement.

  • Emirates, Jafza sign MoU

    They will explore ways to offer travel incentives to SMEs.

  • Emirates shares could be placed for IPO, says chairman

    The flagship carrier’s chairman, Ahmed Al Maktoum was reported to have announced plans by Emirates to repay 15 billion dirhams ($4.1 billion) in pandemic-related support to the Dubai government

  • GCC airfares soar as oil prices rise

    The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.

  • Emirates to launch daily flights to Israel from June 23

    Emirates will offer multiple daily and weekly flights throughout Australia, India, Philippines, Thailand and South Africa, many of which are home to thriving Jewish communities.

  • Emirates opens office in Fujairah

    The office is located in Al Ghilaila Building, overlooking the Fujairah corniche.

  • 4% growth in new companies registered in Ajman Free Zone in 2021

    The record shows 1,792 newly registered companies in the zone, testifying to the increased investor confidence in the services provided by the emirates.

  • 2021 edition of World’s Coolest Winter raises UAE hotel revenues by 50 percent

    UAE government's World's Coolest Winter campaign, which was launched in December 2021, has raised revenues of hotel establishments to AED1.5 billion ($408 million), compared to AED1 billion in its first edition in 2021, marking an increase of 50 percent. An official statement said the campaign promoted tourism, natural sites and...

  • Emirates signs new distribution agreement with Amadeus

    From 1st February 2022, all trade partners on Amadeus will be able to access Emirates’ content free of surcharge.

  • Emirates partners with the Bahamas to boost tourism

    Emirates has signed a partnership agreement with the Bahamas to explore joint initiatives to bring more tourism to the island nation.

  • Emirates to resume US flights after ‘temporary’ 5G reprieve

    Emirates said Thursday it will lift a suspension of flights to several US destinations in a "temporary reprieve" after the launch of 5G networks was delayed near American airports over safety fears. Flights to six destinations will resume Friday, and on Saturday services to Boston, Houston and San Francisco will...

  • EMC picks Mohammad Ghazi as GM

    Momani will manage Mercedes-Benz's overall performance at EMC.

  • Emirates upbeat on growth despite global surge in Covid cases

    Aviation giant Emirates said Thursday it expects business to grow next year despite the surge in global coronavirus cases fueled by the Omicron variant. The Dubai-based carrier said in November it was already on the path to recovery as six-month losses dropped by more than half from a year earlier....

  • Dubai airport fully operational for first time since pandemic

    Dubai airport, one of the world's busiest travel hubs, is fully operational for the first time since the coronavirus pandemic erupted in March 2020, officials said Monday. The opening of sections closed as the Covid-19 crisis took hold comes as the United Arab Emirates records a rise of infections amid...

  • Emirates receives its 123rd, and final, Airbus A380 superjumbo jet

    Emirates today received delivery of its 123rd Airbus A380 superjumbo jet. The aircraft, registered as A6-EVS, is also the final new A380 aircraft to join Emirates’ fleet. Emirates said it was the first airline to announce an order for the A380 at the 2000 Farnborough Air Show, when the aircraft...

  • The union is advantageous: Sheikh Zayed

    The union amongst Emirates is just fine despite being a new experience for us. We did not adopt our neighbors’ experiences. We rather counted on our faith in our brethren rulers of the Emirates and in the importance of the union as a cordial solution to the problems of disintegration,...

  • UAE seeks to diversify economy beyond oil

    With little oil but the most diversified economy in the Gulf, Dubai has gone from a fishing village to a major financial, transport and media hub in the space of a few decades. Known for its glitzy shopping centres and its forest of skyscrapers, it has become a major tourist...

  • EDB lends $190m to SMEs

    The loans were given to industrial companies in five priority sectors.

  • Costly delays to Boeing’s 777X rile Emirates

    Delays to the certification of Boeing's 777X long-haul aircraft are costing billions and infuriating top customer Emirates, but the US manufacturer is banking on the model as air traffic rebounds.

  • Emirates to retrofit 105 aircraft with Premium Economy product from 2022

    Emirates announced at the Dubai Airshow 2021 on Tuesday that it will retrofit 105 of its modern wide-body aircraft with its Premium Economy product, in addition to other cabin enhancements. The 18-month retrofit program, scheduled to begin at the end of 2022, will be entirely conducted at Emirates’ Engineering Centre...

  • Emirates expects to return to profit in ‘next 18 months’ as losses drop by half

    Aviation giant Emirates expects to return to profitability "in the next 18 months" as the sector bounces back from the Covid pandemic, its president Tim Clark said Tuesday. The Dubai-based carrier said last week it was on the path to recovery as six-month losses dropped by more than half from...

  • Emirates expands cargo capacity with AED3.6 bn investment

    Emirates SkyCargo was the launch customer for the Boeing 777-F and the aircraft has been at the heart of the carrier’s operations since 2009. The addition of two new freighter aircraft will strengthen Emirates SkyCargo’s customer offering allowing for increased agility and flexibility in its operations.

  • UAE updates labor law for private sector

    The new decree-law is expected to, among other things, regulate job contracts and give workers more rights.

  • Emirates to display four-class A380 at Dubai Airshow

    Emirates will put on a display at Dubai Airshow 2021 four-class configured A380 with premium economy class cabin, refreshed interiors and enhancements across all cabins onboard the newest aircraft.

  • Emirates narrows H1 losses to $1.6bn

    The group’s net loss for the period was AED5.7 billion ($1.6 billion), substantially better than the AED14.1 billion ($3.8 billion) loss last year.

  • Standard Chartered starts sustainable account in UAE, Aldar first to open it

    Abu Dhabi-based developer Aldar Properties became the first corporate in the UAE to open a sustainable bank account started by Standard Chartered in the emirates for large corporates. The bank has said that deposits in the accounts are used to fund sustainable projects based on its Green and Sustainable Product...

  • Emirates to launch daily Dubai-Tel Aviv flights from Dec.6

    Emirates is to start daily flights between Dubai and Tel Aviv on December 6, the airline announced, in the latest sign of deepening relations since the UAE and Israel normalized ties in September last year. The Dubai-based carrier, one of the largest in the world, said the new service would...

  • Oil-rich UAE to burn waste to make power

    As the UAE has mushroomed from a desert outpost to a thriving business hub, waste has multiplied. So has power use, which has soared 750 percent since 1990 according to the International Energy Agency. The wealthy UAE uses more electricity and creates more waste per head than almost any other...