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Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

ADNEC to acquire ‘Royal Catering’

Royal Catering has more than 2.500 employees.

GCC trade with Asia grows, diversifies as the two regions warm up relations with frequent talks, visits

  • Several factors are at play when it comes to strengthening relations between GCC and Asian countries. TRENDS looks at all of them and gives them a perspective
  • COVID-19 inevitably reduced trade volumes, but the outlook for further growth remains strong and trade between the two regions is likely to hit $480bn by 2030

An indepth coverage on GCC-Asia trade boom