Economy – Page 155

10/11/2023

Emirates reports record first half profit of $2.7 bln on air travel upswing

Emirates Group, operator of the world’s largest long-haul carrier, reported a record first-half profit of $2.7 billion (10.1 billion dirhams),…

09/11/2023

City firm Lloyd’s of London has said it is “deeply sorry” for its links to the slave trade. An independent…

09/11/2023

Dubai-based CAFU began its journey in 2018 as an on-demand petrol delivery startup, evolving along the way to being the…

09/11/2023

Never before have airlines placed such outsize orders as they did this year, breaking one record after another. Indian airlines…

09/11/2023

It was 20 years ago, in 2003, that the UAE’s national airline Etihad Airways was launched by a royal decree by the…

08/11/2023

Russia has fired a missile at a Liberia-flagged civilian ship entering a port in the Black Sea region of Odesa, according…

08/11/2023

Energy giant Saudi Aramco on Tuesday posted a 23 percent year-on-year drop in profits for the third quarter, the result…

08/11/2023

Former high-flying startup WeWork Inc. filed for bankruptcy listing nearly $19 billion dollar of debts, a fresh low for the…

07/11/2023

Riyadh Air will announce a deal to buy a “sizeable” number of narrowbody aircraft in the coming weeks, the startup…

07/11/2023

Marks & Spencer Group Plc is opening nine UK stores in November as it bets on a profitable holiday season.…