TECOM 2023 net profit $299m
Revenue in 2023 grew by 10 percent YoY to $599 million.Company News Business
American Airlines orders 260 jets
It is part of the airlines' effort to 'modernize' its fleet.Business
IMF authorities in Tunisia to discuss bailout package
An IMF team said in March that the country faced "major structural challenges", with low growth and investment, along with...Tunisian central bank's press office told AFP that the two-week visit would involve officials from the bank and the finance ministry.
The North African country, the birthplace of the 2011 Arab Spring uprisings, has been suffering under a grinding economic crisis.
CEPA with India, Israel, Indonesia to help UAE economic growth
The comprehensive economic partnership agreements (CEPA) signed by the UAE with India, Israel and Indonesia this year will help the...Comprehensive economic partnership agreements to help UAE's economy's growth by 2.6 percent by 2030
The UAE is holding talks with several other countries for signing similar agreements
Turkish Airlines flights at pre-pandemic conditions
Turkish Airlines has announced that flights to Saudi Arabia have resumed to pre-pandemic conditions and Saudi citizens will now be...Turkish Airlines announces that flights to Saudi Arabia have resumed to pre-pandemic levels
The airlines said that from June 20, 2022 the restrictions set by Türkiye due to COVID-19 has been lifted
Iran, Russia, Turkey considering joint car design and production
Iran and Turkey share a land border, while Russia shares a maritime border with Iran and Turkey across the Black...The proposed cooperation on automobile constriction between the three nations could progress rapidly.
Numerous car makers have stopped sales of their cars or parts to Russia since it sent military to Ukraine.
Dubai Supreme Council moots monitoring panel for petroleum trading
Dubai Supreme Council of Energy on Monday discussed establishing a permanent committee to monitor petroleum product trading in Dubai and...At its 71st meeting, the Council said that in 2021, savings were equivalent to 6.4 terawatts of electricity, approximately 12.5 percent of business as usual.
Since 2011, demand-side programs have contributed to avoiding 14.1 million tons of carbon dioxide emissions, saving nearly AED9 billion.
Dubai Customs’ department carries out nearly 62,000 inspections in Q1
The Sea Customs Centres Management, one of Dubai Customs’ departments, carried out 61,852 inspections and 120 seizures in the first...The Sea Customs Centres Management, one of Dubai Customs’ departments, carried out 61,852 inspections and 120 seizures in the first quarter of 2022.
The smart scanning systems developed by Dubai Customs has increased the rate of identifying suspicious shipments.
DEWA produces 700MW more energy, capacity rises to 14,117MW
DEWA has outlined expansion plans for the energy and water infrastructure based on demand forecasts until 2031, Al Tayer, MD...DEWA has outlined expansion plans for the energy and water infrastructure based on demand forecasts until 2031, Al Tayer, MD and CEO of DEWA said
Al Tayer revealed that the clean energy share in Dubai’s energy mix has reached 11.5 percent and is expected to reach 14 percent by the end of 2022
Al Bateen ladies’ beach in Abu Dhabi to be given makeover
Al Bateen ladies' beach in Abu Dhabi will be redeveloped with public amenities in order to brighten its appeal as...The beach covers more than 36,580 sqm and will feature a restaurant, cafes, a prayer room and a convenience store
The beach will be temporarily closed from 4th July until its completion in the second quarter of 2023
Pilatus and Strata partner to make UAE’s first hot press parts
The newly updated agreement between the two companies will pave the way for the production of Pilatus PC-24 Super Versatile...The newly updated agreement between the two companies will pave the way for the production of Pilatus PC-24 Super Versatile Jet interiors
Strata has committed to a 70 percent Emiratisation rate for the project, and will be utilizing their next-gen Hot Press technology alongside a suite of Autoclave products
Tinder Swindler opens doors for justice, says Pernilla
The star of the documentary drama, Pernilla Sjoholm, said that they have received support from the people. She said that...Actor says they have received a lot of support from people who have watched the docudrama
She said that the documentary drama has helped opened doors for justice
