Amlak Finance reports 35% higher profit in H1-22

The net earnings of Amlak Finance went up by 35% on a yearly basis by the end of the first half (H1) of 2022, standing at AED 266 million, from AED 197 million. Total income during the January-June period in 2022 dropped 9% year-on-year (YoY) to AED 319 million, compared with AED 351 million, according […]

ADX market data goes live on TradingView platform

  The Abu Dhabi Securities Exchange (ADX) has signed a new data-sharing partnership with TradingView, a US-based leading financial information portal, to help attract a new generation of global traders and investors to the exchange. As part of the agreement, ADX market data is now live on TradingView’s platform and accessible by a large base […]

Dubai among top destinations from Heathrow for summer

Dubai, New York and Los Angeles topped the list of destinations for more than one million people who took to the skies from Heathrow airport in the first 10 days of summer getaway. This marks the busiest consecutive period for departures at the airport since Christmas 2019. This is the first summer since before the […]

Etihad Airways finalises order for seven A350F freighters

Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters, adding to its existing order of the largest passenger version of A350-1000s, five of which have been delivered. The freighters will upgrade Etihad’s freight capacity by deploying the most efficient cargo aircraft available in the market, an airline statement said. […]

Dubai summit to focus on green economy transition

The 8th World Green Economy Summit (WGES), to be held in September in Dubai, will focus on accelerating the transition towards a green economy and drive sustainable development. The Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organisation (WGEO) are organising the summit on September 28 and 29 under the patronage of […]

Dubai’s Emirates to recruit additional pilots as it ramps up services

Dubai’s long-haul operator Emirates Airline announced on Wednesday that it is looking to recruit additional pilots as it continues to ramp up passenger services worldwide. The airline, which announced late last year its plan to recruit 6,000 operational staff, has been ramping up its services to meet rising travel demand following the easing of COVID-19 […]