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Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

ADNEC to acquire ‘Royal Catering’

Royal Catering has more than 2.500 employees.

2021 recap: UAE startups lead MENA region

As the startup ecosystem takes off in the MENA region, TRENDS helps experts deliver valuable advice for entrepreneurs.

REVEALED: Billions missing from Lebanese Central Bank

Even as Lebanon faces one of the worst economic crises, about US$7 billion remains missing from the Lebanese central bank’s...
  • Some of the data sifted by TRENDS point to a US$7 billion scam involving the country’s central bank and the powerful individuals
  • The poor and weak policies of Banque du Liban (BDL) may have facilitated a “Ponzi” scheme involving Eurobonds

REVEALED: Billions of dollars missing from BDL

About US$7 billion is missing from Lebanese central bank’s 2020 balance sheet, data analysis by TRENDS suggests while highlighting weak...
  • Some of the data sifted by TRENDS point to a US$7 billion scam involving the country’s central bank and the powerful individuals
  • The poor and weak policies of Banque du Liban (BDL) may have facilitated a “Ponzi” scheme involving Eurobonds

Middle East talent hunt pits UAE against Saudi Arabia

The two biggest economies of the region are leaving no stone unturned to hire the most talented professionals in order...

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