Emirates boss hints at increasing aircraft order book amid Boeing delays
Tim Clark, who has criticized Boeing's delays and a strike earlier 2024, stated that the airline's growth strategy depends on the 64 A350s that are still in order...
Tag : UAE
Start-up of the Week: Armed with fresh funding, ‘logistics engine’ Locad now eyes Gulf expansion
With presence in Singapore, Philippines, Thailand, Malaysia, India, Australia, Indonesia and China, Locad has served more than 300 brands as of now...
UAE’s automotive aftermarket to hit USD 1.9 billion by 2028: Report
Growing car ownership, technological developments, and strong regional demand for auto parts and services were all contributing to the UAE's projected significant growth...
Sudan scraps USD 6 billion UAE port deal, citing Gulf country’s RSF support
by WebAdmin
The UAE is dependent on imported food, and has reportedly invested heavily in agricultural land in Sudan...
S&P, FTSE reports bring cheers for UAE as Islamic Finance witnesses further growth
Dr. Mohamed Damak stated that S&P expects the Islamic Finance sector to grow at a high single-digit rate through 2024 and 2025, fuelled by financing needs in key countries...
UAE retail giant Lulu sets IPO price range amid Vietnam expansion prospects
Lulu, as of October 2024, has an extensive supermarket chain network in over 23 countries, including the Middle East, Asia, and Europe...
Microsoft, partners to generate USD 74 billion for UAE economy, says IDC analysis
Microsoft’s dedication to fostering local business growth and advancing the UAE’s aspirations to become a global technology hub was also underscored by the study...
United Arab Emirates: FTA postpones deadlines for corporate tax return filing
According to the FTA's decision, taxable individuals having a short tax period that ends on or before February 29, 2024, have until that date to file their corporate tax return moved to December 31, 2024...
Post G42 investment, Microsoft to set up AI development centre in Abu Dhabi
Microsoft and G42 announced that they would establish two centres in Abu Dhabi to work on responsible artificial intelligence initiatives...
UAE mandates private firms to reserve board seats for women
by WebAdmin
The UAE government portal states that women are disproportionately represented in the labour market, in specialised professions, and in emerging fields...