The deal is valued at $48.7 billion.
The FAA announcement is a major step after the agency grounded 171 MAX 9 planes after the January 5 incident...Shortly after Federal Aviation Administration announced inspection protocols on Boeing 737 MAX 9, United Airlines said it expects grounded aircraft to return to service starting
"We will only return each MAX 9 aircraft to service once this thorough inspection process is complete," said a statement from Toby Enqvist, United's chief operations officer
Hong Kong--Non-oil foreign trade value between the UAE and Hong Kong expanded in the past year, reaching $16.2 billion in...The Hong Kong official said that the non-oil foreign trade value grew between the UAE and Hong Kong in the past year, reaching $16.2 billion in 2023
He said the Hong Kong companies are keen to invest in the UAE in sectors such as infrastructure, information technology, financial technology and health technology
- Last year, the company reported a profit of $739 million.
Nokia and its Swedish rival Ericsson have launched cost-cutting programmes as their customers have reduced spending amid a slowing global economy.
Nokia said last year it could cut its workforce by up to 14,000 people, reducing costs by up to 1.2 billion euros by 2026
The Bank’s total income reached AED 1.2 billion ($326.69 million)The growth can be attributed to the upward trajectory of both funded and non-funded income, indicating enhanced business sentiment
The Bank’s total income reached AED 1.2 billion ($326.69 million) in the fourth quarter of 2023, marking a noteworthy 24% year-on-year growth
The chip maker said the profit was boosted by strong sales.The company said it returned to profit after four consecutive quarters of losses driven by demand for chips used in AI
The chip maker posted a quarterly profit in Q3 of 2022, after which it was hammered by an industry-wide downturn
- Dubai, UAE--DMCC has kicked off the ninth edition of its global trade roadshow, Made For Trade Live, in London, seeking...
During the four quarters to the end of Q2 2023, the UAE-UK bilateral trade grew 47.3% year-on-year to reach $32.40 billion
In 2023, more than 200 British companies joined DMCC’s business district alone, representing a 10% year-on-year growth
Driven by a growing population, the prevalence of chronic diseases, and significant government investments, the UAE's laboratory equipment market is...Driven by a growing population, the prevalence of chronic diseases, and significant government investments, the UAE's laboratory equipment market is set to hit $1.5b by 2027.
Technological innovations in diagnostics play a key role in this dynamic landscape, setting the UAE's healthcare sector on a path of transformative growth, say a latest report.
- ABU DHABI, UAE - On the second day of the sixth edition of UMEX and SimTEX 2024, the accumulated value...
The second day of the event witnessed announcement of five deals signed by the Tawazun Council.
The total number of local contracts on the second day of UMEX and SimTEX 2024 reached five contracts.
- DUBAI, UAE - With support from the Abu Dhabi Investment Office (ADIO), Hub71-backed ABHI, an embedded finance platform founded in...
ABHI is working with Abu Dhabi Investment Office as it scales up its operations to capture growth opportunities in emerging markets.
ADIO provides a range of support to the FinTech company, including incentives and connections to the Abu Dhabi ecosystem.
Abu Dhabi, UAE - EDGE Group entity Milrem Robotics signs a contract to supply 20 tracked robotic combat vehicles (RCVs)...Milrem will supply 20 tracked robotic combat vehicles (RCVs) and 40 THeMIS unmanned ground vehicles (UGVs) to UAE Ministry of Defense.
Milrem Robotics will also provide comprehensive training and supervision to ensure the relevant personnel.
