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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

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