Dubai Salik board proposes $133.7mln dividend
Dubai road toll operator Salik, which listed its shares on the Dubai Financial Market (DFM) last year, posted a net profit of UAE Dirhams 529 million ($144 million) for the second half of 2022 (H2 2022), as road traffic in Dubai rose to pre-pandemic levels. The company’s board of directors has proposed to distribute […]
RTA to tow, impound vehicles found violating traffic rules
The Roads and Transport Authority (RTA) of Dubai on Monday said it signed an agreement with Emirates Parking which allows the Authority to impound vehicles that violate the laws. Under the newly-signed agreement, the RTA can impound both light and heavy vehicles and trailers for not adhering to the parking laws. The Authority completed the […]
Dubai recorded 23.7 million arrivals in 2022
Dubai recorded almost 23.7 million traveller arrivals in 2022, up 89 per cent from 2021, as the tourism and business hub continues to benefit from the easing of pandemic restrictions that has unleashed pent-up travel demand. Of the total arrivals, 21.8 million arrived at airports, 1.6 million came through the Hatta Border Crossing between the UAE and Oman […]
AD Ports forms JV for services in Caspian, Black Sea
Abu Dhabi-based AD Ports Group, a leading facilitator of global trade, has signed an agreement with Kazmortransflot (KMTF), to launch a joint venture (JV) to provide offshore and shipping services for energy companies in the Caspian and Black Seas. The JV is 51 percent owned by AD Ports Group and 49 per cent owned by […]
Etihad Cargo expands capacity offering to US
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, will further reinforce its commitment to the US market with the introduction of an additional three weekly flights to John F. Kennedy International Airport (JFK) from April 24, 2023. The additional flights will bring Etihad Cargo’s total cargo capacity to over 600 tons out […]
Uber partners with Dubai Airport to facilitate visitor influx in tourist season
Uber on Tuesday announced a strategic partnership with Dubai Airports, to improve riders’ on-ground commute experience when arriving in Dubai. The partnership comes in preparation to meet the growing operational needs in Dubai, as tourist arrivals in the city peak this winter. Uber has also launched its latest innovative travel feature, Smart Itineraries. Once riders […]
Up in the air: Abu Dhabi-listed Easy Lease plans for drone delivery service
Abu Dhabi has moved a step closer to having delivery drones buzzing across its skies: Motorcycle-leasing company Easy Lease has teamed up with drone technology company SkyGo to provide package-delivery services. The company said in a statement to the Abu Dhabi Securities Exchange (ADX) that it has signed an MoU with SkyGo, which is the […]
Dubai’s Emirates deploys A380 to New Zealand for first time since 2020
Dubai’s long-haul operator Emirates Airline has deployed for the first time since 2020 its superjumbo aircraft to New Zealand due to increasing travel demand. The A380 flight, which has just made a touchdown at Auckland Airport, has made Emirates reclaimed the title for operating one of the world’s longest non-stop scheduled commercial flights, with an […]
Stats Group wins big Abu Dhabi subsea pipeline project work
UK-based Pipeline technology specialist Stats Group said it has been commissioned by UAE-headquartered oil and gas EPC contractor National Petroleum Construction Company (NPCC) to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project, on behalf of a national operating company. Stats said the project win is the […]
Uber appoints Hachem as GM to lead UAE and Levant
Uber has announced the appointment of Pia El Hachem as the General Manager at Uber across the UAE, Jordan, and Lebanon. In her new role, Hachem will be leading Uber’s strategy, operations, policy, and business development, while overseeing the company’s end-to-end business. Hachem has been at Uber since 2018 as the Strategy & Planning Lead […]