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Emirates Islamic Q1 profit $394m

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

Boeing to sell some assets to Thoma Bravo

The $10.55 bn sale includes portions of digital aviation solutions business.

TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Dubai sees growth in employment opportunities as Covid-19 cases drop

FOR REPRESENTATION PURPOSE ONLY
  • Dubai-based Emirates will hire 3,000 cabin crew members and 500 airport staff workers over the next six months
  • Amazon is planning to hire 1,500 people in the UAE this year

As a result of fewer travel restrictions following vaccination and a decline in Covid-19 cases, Dubai has experienced a turnaround in employment and a revival in business.

Emaar Hospitality Group is looking to hire between 200 and 300 people from both the UAE as well as Asia which has been slow to reopen following prolonged shutdowns, Bloomberg reported.

Occupancy at Emaar’s hotels is hovering around 54% while the average daily rate has held up at over 1,000 dirhams per night, its chief operating officer Mark Kirby said, quoted by Bloomberg.

Dubai-based Emirates will hire 3,000 cabin crew members and 500 airport staff workers over the next six months.  

Amazon is planning to hire 1,500 people in the UAE this year.

According to IHS Markit’s Purchasing Managers’ Index for August, Dubai’s travel and tourism industry experienced the highest level of activity and new business in over two years.

In the past three months, Rotana, a Dubai based hotel operator, hired about 400 staff across the UAE and will continue to recruit as it opens new hotels, its president and CEO  Guy Hutchinson told Bloomberg