Dubai: Private jet or take an air taxi? Or make use of both? Imagine a future where a traveler arrives in Dubai on a private jet and has to make it to…
Tag: part
Malabar Gold and Diamonds to open 20 showrooms in a month as part of global expansion plans
Dubai: Leading jewellery retailer Malabar Gold and Diamonds announced Monday plans to launch 20 new showrooms in October this year. The new showrooms will be located in various locations in India, the…
Dubai to earmark Dh25b over 10 years as part of 2033 goal of Dh650b investments
Dubai: The Executive Council of Dubai approved a series of new initiatives and programmes designed to support its ambitious economic agenda and make it one of the world’s top three urban economies…
Dubai contractor Drake & Scull can 'resume' taking part in bids for new projects; writes off Dh4.18b
“The company completed all implementation steps last week, receiving endorsements from the legal opinions issued by its legal advisors confirming that all requirements under the restructuring plan have been met,” Drake &…
Archer announces receiving FAA's Part 135 Air Carrier and Operator Certificate
In April, Archer signed a pact with the Abu Dhabi Investment Office for multi-million dollar investments to speed up planned commercial air taxi operations in the UAE. Archer Aviation has also recently…
Dubai developer receives full Dh500m as part of 2022 deal with Limitless
The final tranche means Deyaar will record a ‘gain of Dh44.1 million’ in its financials for the second quarter ending June 30. There had been a longstanding legal dispute – over plots…
IMF approves $820 million as part of Egypt bailout
Washington: The International Monetary Fund announced on Friday the immediate disbursement of $820 million to the Egyptian government, part of an augmented plan to aid the nation’s stumbling economy. The IMF’s Executive…
Gold finally clears $2,150 an ounce for new high as part of 3-day price surge
Dubai: Gold price finally broke through to a new record, of $2,159 an ounce, as part of a 3-day surge as investors pile into the safe haven – and shoppers keep their distance for…
COP28 threw down marker on climate finance, now banks get to play their part
As COP28 culminates in Dubai and the international community returns home following 13 intense days of climate talks, we must reflect on the insights gleaned from this conference, which will hold profound…
COP28 is a call to action for energy companies to do their sustainability part
By optimizing power transmission, enhancing grid stability, and promoting energy conservation, the energy sector contributes significantly to the objectives set by the Paris Climate Accord. Investments in renewable energy projects, such as…