Spinneys 1961 Holding PLC, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands in the UAE and Oman, started trading on Thursday on the Dubai Financial Market (DFM).
ADNOC Distribution released strong Q1 2024 financial results, showing an 18 per cent year-on-year increase in EBITDA to $248 million.
After 55 years in the travel retail industry and 41 at the helm of Dubai Duty Free (DDF), Colm McLoughlin, Executive Vice Chairman & CEO has announced that he is stepping down from his role on May 31, 2024.
More than 4.2 million passengers travelled through Sharjah Airport in the first quarter of 2024, marking a 10 per cent year-on-year increase.
His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, says he expects passenger traffic at Dubai International Airport to exceed 90 million by the end of this year.
Apple on Tuesday introduced a new chip called the M4 that it said would outclass personal computers designed for artificial intelligence - but put the new chip in an iPad Pro model rather than a laptop.
Jumeirah has unveiled a new brand identity as part of its growth strategy to double the size of its portfolio by 2030.
The UAE's tourism industry is projected to account for 12 per cent of the country's Gross Domestic Product (GDP) this year, while employment in the sector will increase to 833,000 from 809,000 in 2023.
Emirates Airline has confirmed plans to refit 43 Airbus A380s and 28 Boeing 777 aircraft as part of its modernisation programme.
Arabian Travel Market (ATM), the leading global event for the travel and tourism sector, has returned to the Dubai World Trade Centre for its 31st edition.
Eight thousand decision-makers, over 300 thought leaders and more than 200 exhibitors have gathered at Dubai's Madinat Jumeirah for the Dubai FinTech Summit, which kicked off on Monday,
Qantas Airways has agreed to pay AED 290 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a reputational crisis that has engulfed the airline.
Warren Buffett's Berkshire Hathaway Inc posted a record quarterly profit on Saturday, bolstered by a significant increase in income from insurance underwriting.
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
Dubai's TECOM Group has announced a 15 per cent year-on year (YoY) growth in net profit to AED 293 million for the three month period ended March 31, 2024.
Sony Pictures Entertainment (SPE) and Apollo Global Management APO.N have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported.
The UAE and Iran have explored ways to expand economic cooperation in sectors such as tourism, transport, entrepreneurship and renewable energy.
Changpeng Zhao, the former chief executive of Binance has been sentenced to four months in prison after pleading guilty to violating US laws against money laundering at the world's largest cryptocurrency exchange.
Emirates Airline has announced significant changes to its pilot recruitment strategy, which includes higher salaries, new roles and a radical change to eligibility.
Supermarket chain Spinneys has announced its decision to increase the number of shares allocated to the UAE Retail Offering of its IPO due to high demand.
The disbursement of $1.1 billion by the International Monetary Fund (IMF) will help Pakistan achieve greater economic stability, Prime Minister Shehbaz Sharif said on Tuesday, amid discussions for a new loan programme.
The UAE and Ukraine have concluded the terms of a Comprehensive Economic Partnership Agreement (CEPA).
Tesla CEO Elon Musk arrived in Beijing on Sunday for a surprise visit, where he is expected to meet senior officials to discuss the rollout of Full Self-Driving (FSD) software and permission to transfer data overseas.
More than 6.9 million passengers travelled through the Abu Dhabi Airports' network during the first quarter of 2024, marking a 35.6 per cent surge compared to the same period last year.
ByteDance has no plan to sell TikTok, the company's official account said in a statement posted on Toutiao, a media platform owned by the China-based firm.
The UAE's first operational vertiport for vertical take-off and landing aircraft (eVTOLs) has been unveiled in Abu Dhabi.
Delays and flight cancellations were set to impact swathes of Europe on Thursday, after authorities failed to reach a deal with some French air traffic control workers to avert a strike.
US Secretary of State Antony Blinken will meet business leaders in Shanghai on Thursday as ties between Washington and Beijing stabilise, pushing to resolve a raft of issues threatening the newly gained equilibrium between the rivals.
Tesla said it would introduce "new models" by early 2025 using its current platforms and production lines as it retreated from more ambitious plans to produce an all-new model that had been expected to cost $25,000.
The UAE and Oman have agreed to establish investment partnerships worth AED 129 billion.
Supermarket chain Spinneys is seeking to raise as much as $375 million from the sale of a 25 per cent stake in an initial public offering, it disclosed on Tuesday.
Meta Platforms is sharing its Quest headset's operating system with rival device makers, including Microsoft, for the first time, it said on Monday, as it works to extend its influence over the emerging virtual and mixed reality industry.
The United Arab Emirates has committed to further global collaboration to find solutions to worldwide issues during the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) held in Washington D.C.
Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year.
The UAE and Colombia have signed a Comprehensive Economic Partnership Agreement (CEPA).
Expo 2020 Dubai has reaffirmed its commitment to gender equality and women’s empowerment.
Expo 2020 Dubai and the United Nations Global Compact are joining forces to hold a Sustainable Development Goals Business Forum.
More than 2,500 online travel agents, tour operators, hotel groups and airlines have signed on as Authorised Ticket Resellers (ATRs) for Expo 2020 Dubai.
A spectacular line-up of sights, sounds and tastes await visitors at Expo 2020 Dubai, through a series of specially curated itineraries.
Apple on Tuesday launched the iPhone 12 with faster 5G connectivity, which the company hopes will spur a wave of upgrades and keep its sales booming through the end of the year.
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