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Dubai’s Emirates airline posts record full-year profit

The airline carried 51.9 million passengers in the year to March 31, with seat capacity up 21.4%.

ATM 2024: Tourism projected to account for 12% of UAE GDP this year

For 2024, the forecast is set even higher, with an anticipated contribution of 12% to the UAE’s GDP, equating to AED 236 billion, says Abdullah bin Touq Al Marri, Minister of Economy.

India launches nationwide testing on spice mixes amid global contamination concerns

India's food safety regulator has taken decisive action in response to global concerns over contaminated spice mixes, ordering nationwide testing and inspections at all companies producing these products.

A recent survey shows Indians showing decreased interest in working abroad

A recent Boston Consulting Group (BCG) study reveals a significant shift in the preferences of Indian professionals seeking opportunities abroad.

PIF acquires majority stake in Tawal, creating telecom powerhouse in Saudi Arabia

The Public Investment Fund (PIF), has made a substantial move by acquiring a 51% stake in Tawal, the largest telecommunications infrastructure company in Suadi Arabia.

Dubai offers interest-free loans for property repair amid weather damage

In response to the recent adverse weather conditions in the UAE, Dubai's Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME) has rolled out a generous initiative.

Saudi Arabia, Kuwait railway project may reduce travel time by 2028: Report

Kuwait and Saudi Arabia are on track to connect seamlessly with a high-speed railway system by 2028.

Aster’s India-GCC business split, Fajr capital-led investment nears completion

The Moopen family will continue to lead and operate the GCC business retaining a 35% stake in the buyer entity.

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