The Emirates Group welcomed over 105,000 new members of staff, increasing its workforce by 2 per cent.
This comes despite a 44 per cent decrease in profit across the whole group in the 2018-2019 financial year.
According to the report released on Thursday, Emirates Airline recorded a 6 per cent increase in revenue but a 69 per cent drop in profit.
Dnata, on the other hand, saw a 10 per cent increase in revenue with its international business accounting for 70 per cent of that.
India caps duty-free gold imports for jewellery exporters to curb demand
India on Thursday tightened rules for duty-free gold imports for jewellery exports by capping imports at 100 kg per licence, the government said in an order.
Warsh wins confirmation as Fed chair, with inflation on the march
The US Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of the Fed.
Dubai Taxi Company to acquire National Taxi
Dubai Taxi Company (DTC) has announced a major expansion deal, signing an agreement to acquire National Taxi, one of the UAE’s established taxi operators, in a transaction valued at AED 1.45 billion.
Dubai Holding becomes largest shareholder of Emaar Properties
Dubai Holding has acquired a 22.27 per cent equity stake in Emaar Properties from the Investment Corporation of Dubai (ICD), becoming the company's largest shareholder with a total 29.73 per cent stake.
Abu Dhabi gets AED55 billion boost for 24 infrastructure projects
Abu Dhabi has greenlighted 24 infrastructure projects under a new AED55 billion public-private partnership that will see the development of roads, flood control systems and education campuses among others.
6:00am - 10:00am
The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
10:00am - 11:00am
Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.
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!
