DUBAI: Dubai Aerospace Enterprise (DAE) today reported its financial results for the first half of 2024, logging a year-on-year (YoY) revenue increase to US$679.2 million.
Meanwhile, DAE’s profit before tax rose 22.7 percent YoY to $154.3 million in …
DUBAI: Emirates has announced that it will operate a second daily A380 service between Dubai and Bali to meet the surge in travel demand to the island during the upcoming peak season.
From 1st September to 26th October 2024, Emirates’ flight EK398/39…
GENEVA: The International Air Transport Association (IATA) released data for June 2024 global air cargo markets showing a 14 percent year-on-year (YoY) growth in total demand, measured in cargo tonne-kilometres (CTKs). This contributed to an exception…
ABU DHABI: Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, to support the ‘Xport Xponential’ initiative. Under the…
AJMAN: The Department of Economic Development in Ajman (Ajman DED) has concluded the activities of the “Future Trader” programme, which involved 20 young students.
The accompanying exhibition, showcasing ten diverse projects that were the outcome of …
DUBAI: Digital Dubai, in cooperation with its partners in the government and private sectors, has begun taking practical measures to implement the Strategic Vision for the Data Centre Economy in Dubai. The vision was approved by The Executive Council …
Japan’s central bank on Wednesday raised its policy interest rate to around 0.25 percent from the previous range of around zero to 0.1 percent, and outlined a plan to taper its bond-buying program.
At a two-day policy meeting, Bank of Japan’s (BOJ) G…
SEOUL: The Republic of Korea’s industrial output fell for the second consecutive month in June, but retail sales and facility investment rebounded, according to data compiled by Statistics Korea on Wednesday.
Yonhap News Agency reported that industri…
Minister of Transport Razzaq Muhaibis Al-Saadawi discussed with his Turkish counterpart Abdul Qadir Oral Oglu, today, Wednesday, the development road project and joint cooperation in the field of transportation between the two countries.
A statement …
ABU DHABI: PureHealth Holding today announced its financial results for the period ending 30th June 2024. It recorded a strong revenue increase of 53% y-o-y to AED12.5 billion in H1 2024 on the back of solid growth booked across the majority of its ve…
RIYADH: The Kingdom of Saudi Arabia’s non-oil and government activities grew 4.4% and 3.6%, respectively, during the second quarter of this year, state news agency (SPA) reported.
The Kingdom’s Gross Domestic Product (GDP) contracted by 0.4 percent i…
ABU DHABI: Modon Holding has reported exceptional financial performance for the first half of 2024, delivering revenue of AED2.2 billion, a year-on-year increase of 333%, and gross profit of AED833.2 million, a year-on-year increase of 277%.
Modon Ho…
