Air Arabia has announced the expansion of operations from Ras Al Khaimah with the launch of a new route connecting Ras Al Khaimah International Airport with Moscow Domodedovo International Airport.
Starting December 27, 2024, the non-stop service will operate three times a week, enhancing direct connectivity between the two cities.
Group Chief Executive Officer, Air Arabia, Adel Al Ali, commented, “We are glad to introduce Moscow as a new non-stop destination from Ras Al Khaimah, further demonstrating our commitment to expanding international connectivity directly from the emirate. This new scheduled service to Moscow aligns with Ras Al Khaimah’s strategic vision for tourism growth, while also fostering stronger travel and economic ties between both cities.”
Air Arabia’s current network from Ras Al Khaimah offers passengers direct connections to major cities including Cairo, Islamabad, Lahore, Peshawar, and Calicut.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
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