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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Dubai receives 1.77m international tourists in January this year

Tourists and visitors of different nationalities enjoy walking and dining out at "The Beach" in Dubai.
  • Tourists from Western Europe ranked first with 327,000 visiting the emirate in January
  • Some 311,000 travelers from the GCC countries visited Dubai in the same month

Dubai, UAE–Dubai welcomed 1.77 million international tourists in January 2024, an increase of 21% compared to 1.47 million visitors in the same period of 2023.

According to the Dubai Tourism Performance Report for January issued by the Dubai’s Department of Economy and Tourism, Western Europe ranked first in terms of source markets for international tourists to Dubai with a share of over 18% and a number of 327,000 visitors. The GCC countries followed with 311,000 visitors, representing nearly 18%, and South Asia ranked third with 294,000 visitors, accounting for about 17% of the total international visitors to the emirate.

The number of international visitors from Russia, the Commonwealth of Independent States (CIS) and Eastern Europe reached 262,000 or 15%, ranking fourth, while the number of visitors from the Middle East and North Africa (MENA) region reached 211,000 or 12% of the total number of tourists coming to Dubai, ranking fifth.

North and Southeast Asia ranked sixth with 149,000 visitors and a share of 8%, followed by the Americas in seventh place with 115,000 visitors or about 6% of the total number of international visitors, Africa in eighth place with 71,000 visitors representing 4%, and Australia in last place with 33,000 visitors representing 2% of the total number of international visitors.