Emirates Airline is back in profit for the first time since the start of the pandemic.
That’s according to the airline’s President Sir Tim Clark, who spoke to Dubai Eye 103.8's The Business Breakfast on the sidelines of the Dubai Airshow.
He said that Emirates has begun making money over the past couple of weeks.
Clark added that demand is so strong that Emirates would like to have its entire fleet of A380s back in the air - but said "the only reason we’re not is we can’t get the pilots".
$640 bn needed annually to meet oil demand growth, says OPEC
Haitham Al Ghais, Secretary-General of OPEC, said investment needs in the oil sector will remain substantial to meet the expected growth in oil demand, with cumulative investment requirements estimated at $17.4 trillion between 2024 and 2050, or approximately $640 billion annually.
ADNOC Distribution reports record financial results for 2024
ADNOC Distribution has announced its financial results for 2024, achieving its highest-ever Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) of $1.05 billion (AED3.86 billion), an increase of 4.8 per cent year-on-year.
du achieves record-breaking AED14.64 bn revenue in 2024
UAE telecommunications company du has posted record-breaking financial results for 2024 with revenue up to AED14.64 billion, a 7.3 per cent increase from the previous year.
Musk-led group makes $97.4 bn bid for control of OpenAI
A consortium led by Elon Musk offered $97.4 billion (AED 357 trillion) to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm.
DEWA announces record AED30.98 bn revenue
Dubai Electricity and Water Authority (DEWA) recorded consolidated full year revenue, for 2024, of AED30.98 billion, EBITDA of AED15.70 billion and net profit after tax of AED7.24 billion.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
