The announcement came after the airline's record profits.
Gulf companies benefit from supportive credit environments, ensuring resilience in 2024 despite global economic challenges and geopolitical risks, says a...
The airline expects to book an operating profit of "between $352m and $403m.In May, Lufthansa said it was "on track" over the year, despite the personnel shortage and the rising price of fuel.
Lufthansa's revenues in the second quarter had "more than doubled" to 8.5 billion euros in the space of 12 months.
Wall Street stocks rose early Friday as markets cheered unexpectedly strong US retail sales and better-than-expected results from Citigroup. After...About 35 minutes into trading, the Dow Jones Industrial Average was up 1.5 percent at 31,074.83.
Among individual companies, Citigroup surged 7.8 percent after reporting better-than-expected earnings.
A total of 1,614 transactions were recorded, including 186 plots that were sold for AED 594.72 million and 1,004 apartments...Al Hebiah Fifth recorded the most transactions for this week by 105 sales transactions worth AED 262.43 million.
A total of 80 properties were granted between first-degree relatives worth AED 479 million.
Vice President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler...Expo City Dubai Authority seeks to reinforce Dubai's position as a leading destination for global exhibitions
The Authority will facilitate sharing of knowledge and experiences related to the management and organization of major events
EDB credit facility will extend to both capital investment and expenditures.The signing ceremony was attended by Ahmed Mohamed Al Naqbi, CEO of EDB, Faisal Juma Belhoul, Chairman of Valiant, and Ahmed bin Juma Belhoul, CEO of Valiant Healthcare.
We will introduce our patients to additional highly valued premium inpatient rooms, in addition to a state of the art Cath-lab & EP lab, said Belhoul.
The deal builds on Agthia’s acquisition of BMB Group.The deal builds on Agthia’s acquisitions of the GCC’s snacks and food company, BMB Group, and the Al Foah dates
The Auf Group’s founders will retain a combined stake of 30 percent in the business and continue to lead the company
- The information Twitter has or has not provided on its tally of fake or spam accounts is Musk's stated reason...
The information Twitter has or has not provided on its tally of fake or spam accounts is Musk's stated reason for backing away from the deal
Twitter's lawsuit, which urges a court to force Musk to honor his buyout offer, could result in a trial or settlement talks
This will make it one of the nation's 10 biggest private sector employers.The latest expansion will take Amazon's permanent workforce to 75,000.
The jobs will also be in corporate and technology functions in software development, product management and engineering.
Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion.Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion
This is followed by imports, which accounted for 35 percent of the total, amounting to AED 5.97 billion
- Airlines are recovering from the huge Covid fallout but face fresh turbulence from rocketing inflation.
Airlines are recovering from the huge Covid fallout but face fresh turbulence from rocketing inflation
Global airlines suffered cumulative losses of almost $190 billion between 2020 and 2022, according to IATA
