Business

Emirates secures fuel coverage through 2028-29, supporting operational stability: Sheikh Ahmed bin Saeed Al Maktoum

Emirates relies on fuel hedging and solid cash position to sustain growth and operations. Dubai: Emirates Group expects a stable operating environment as it enters...

Drivers in Dubai to see additional paid parking spaces in busy locations

Parkin posts stronger Q1 performance with more parking spaces and record seasonal card sales. Dubai: Dubai’s paid parking network expanded by around 49,000 spaces during...

UAE’s first large-scale methanol plant obtains $2 billion financing package

Financial close brings the TA’ZIZ methanol project in Ruwais closer to its targeted 2028 start-up. Dubai: TA’ZIZ has secured $2 billion in financing for the...

Emirates Group reports record revenue and profit despite disruption in the latter part of the year.

Group reports record revenue and cash levels despite airspace disruptions in the latter part of the year. Dubai: Emirates Group has retained its position as...

Eid Al Adha: UAE travellers face surging summer airfares as jet fuel prices rise alongside them.

The upcoming Eid break later this month is expected to be one of the most expensive summer travel periods in years. Dubai: UAE residents planning...

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