Middle East Carriers Report 14.7% Surge in Air Cargo Demand Amid Maritime Tensions and E-commerce Boom: IATA

Middle East carriers experienced a significant 14.7% year-on-year increase in air cargo demand for July, driven by ongoing maritime disruptions and the continued growth of e-commerce, according to the International…

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Dubai Firms Invest $1.4 Billion in China Over Eight Years, Highlights Strong Bilateral Ties

Dubai-based Emirati companies have invested $1.4 billion in China from 2015 to 2023, underscoring the deepening trade and economic ties between the two nations, according to a senior official.   Mohammad…

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Saudi Maritime Sector Investments Surpass $6.7 Billion Amid Strategic Collaborations

Investments in Saudi Arabia’s maritime sector have exceeded SR25 billion ($6.66 billion) due to successful partnerships between the Saudi Ports Authority (Mawani) and private sector entities. This milestone was highlighted…

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Read more about the article Emaar’s Revenue Soars 17% Amid Dubai Real Estate Boom
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Emaar’s Revenue Soars 17% Amid Dubai Real Estate Boom

Emaar Properties, Dubai’s largest real estate developer, reported a net profit of AED5.3 billion ($1.4 billion) attributable to equity holders in the first half of 2024, marking an 8% increase…

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