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Business, Geostrategy

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

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

By TRENDS Desk AFP
November 4, 2021 3:23 pm
  • Abu Dhabi-based airline Etihad and Israeli carrier Arkia now also offer regular flights.
  • Emirates said the new service would also link Israel seamlessly with its global route network.

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 also link Israel seamlessly with its global route network.

Low-cost carrier Flydubai launched the first commercial flights between Tel Aviv and Dubai just a few months after last year’s agreement.

Abu Dhabi-based airline Etihad and Israeli carrier Arkia now also offer regular flights.

The UAE’s normalization of its relations with Israel, in a deal brokered by then US president Donald Trump’s administration, broke with decades of Arab consensus and infuriated the Palestinians and their supporters.

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