Browsing: Emirates

Dubai-listed Emirates REIT has partially redeemed its $380 million sukuk after announcing the sale of Trident Grand Mall in Jumeirah Beach Residence (JBR) last month.

The Group has delivered stable performance throughout H1 2024, despite challenging conditions impacting both export and domestic markets

LONDON: The UK’s largest airport has been compared to a “post-Second World War” structure by the chief of Emirates.

The customer deposits portfolio increased by 4% to EGP 106.7 billion in March

Dubai’s Emirates Group announced annual profits of $5.1 billion on Monday, a rise of 71 percent, as the airline company set a new record for the second year in a row.

Numerous companies and family businesses have moved their global offices to Dubai over the past one-and-half years as the emirate has been a major beneficiary of new trends in the post-Covid period, a senior official said on Wednesday.

Emirates President Tim Clark threw his support behind Boeing Co.’s leadership as the manufacturer works through a crisis of confidence in the wake of a near-catastrophic accident in January, saying the company understands what needs to be fixed and that the reintegration of a key supplier is a first step in the right direction.

Dubai aims to position itself among the top three urban economies worldwide, having achieved its trade goals ahead of its set timeline, and has set a new trade target of achieving Dh25.6 trillion over the next decade.

Dubai has launched the ‘Dubai International Growth Initiative,’ allocating $136 million (Dh 500 million) to accelerate the expansion of small and medium-sized enterprises (SMEs) established in Dubai into global markets.

The EDB Connect forum was held in partnership with ‘Make it in the Emirates’ initiative