Passenger traffic at Dubai airport jumps 50% to 41.6m in H1
Surpassing pre-pandemic levels, more than 40 million passenger visits were recorded at Dubai international airport in the first half of the year, a 50 percent jump. According to its operator, the airport, busiest for international passengers before Covid-19, the passenger traffic went well past the number recorded in the first...Agility posts Q2 earnings of $46m
Net profit was affected by higher interest rate.UAE Ministry of Interior, Etihad Rail ink MoU to enhance cooperation
ABU DHABI, UAE - The UAE Ministry of Interior (MOI) and Etihad Rail Company, the developer and operator of the country's national railway network, have signed a Memorandum of Understanding (MoU) to enhance cooperation and strategic coordination between them. The MoU was signed by Under-Secretary of the Ministry of Interior...Salik ups number of IPO shares
The subscription period for the IPO remains unchanged.Dubai ruler issues decree establishing toll operator Salik as company
Dubai road toll operator Salik has been established as a Public Joint Stock Company according to a law issued by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum. According to an official statement, the company will have legal, financial and administrative autonomy to carry out its activities and achieve its...e& 2021 net profit $2.53 bn
The net profit was 3.2 percent higher than in 2020, the company said.Etisalat rebranded e& in pursuit of global tech and investment ambitions
UAE’s biggest telecom operator Etisalat will now be called as e& after its rebranding on Wednesday, which was launched by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs. The rebranding comes as the group seeks to become a global technology and investment conglomerate. Mansour...ACC of Saudi Arabia expects a rebound in business
Arabian Centres Company (ACC), the Saudi mall operator, is expecting an improvement in the business in the wake of the easing of Covid pandemic restrictions in the kingdom.DP World to invest $415m in a berth at London Gateway hub
DP World, the Dubai-based port operator, will invest $415 million in a new berth at its London Gateway logistics hub to increase supply chain resilience and create more capacity.











