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The Most Successful Financial Results in Flydubai’s 15-Year History are Reported

Record-breaking yearly results for Flydubai's fiscal year that ended on December 31, 2024, were released on Monday. The pre-tax profit of Dhs2.5 billion ($674 million) represents the Dubai-based carrier's best-ever…

BusinessPress
BusinessPress
February 25, 2025

In Dubai, India Defeated Pakistan; Virat Kohli’s century Sealed the Win in the Champions Trophy Group Stage

In their second Champions Trophy group encounter in Dubai, India easily chased down 241 to continue their dominant six-wicket triumph over arch-rival Pakistan in ICC events. Following some recent lacklustre…

BusinessPress
BusinessPress
February 24, 2025

The GCC Had $804.1 Billion in official Foreign Reserves

The total reserve assets of the Gulf Cooperation Council (GCC) countries were $804.1 billion at the end of the first half of 2024, according to data released by the Statistical…

BusinessPress
BusinessPress
February 24, 2025
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Due to Trump’s Tariffs, Airbus Might Prefer Non-US Customers

CEO Guillaume Faury told CNBC on Thursday that if US President Donald Trump's tariffs affected Airbus's imports in the US, the airline may prioritise deliveries to non-US clients. Trump announced…

BusinessPress
BusinessPress
February 22, 2025

The Second Cycle of the CleanTech Innovators Exhibition is Organised by Dewa

The CleanTech Innovators Exhibition's second cycle will take place from February 24 to 26, 2025, at the Sustainability and Innovation Centre of the Dubai Electricity and Water Authority (Dewa). Dewa…

BusinessPress
BusinessPress
February 22, 2025

DTC’s Revenue is Expected to Reach Dhs2.20 Billion in 2024, a 12% Rise

In FY 2024, the first full year of business since its IPO, DTC produced a strong set of results. Dubai's growing population, tourism, and urbanisation all contributed to the company's…

BusinessPress
BusinessPress
February 21, 2025

Poland and the UAE Look into New Commercial and Economic Partnership Opportunities

Leading a group from the United Arab Emirates to Warsaw, Poland, this week, Minister of State for Foreign Trade Dr. Thani Bin Ahmed Al Zeyoudi met with high-ranking government officials…

BusinessPress
BusinessPress
February 21, 2025

Foldable Technology has Never Been the same Thanks to Huawei’s Mate XT

Every technology has turning points that expand the realm of what is conceivable. The Huawei Mate XT is establishing a new benchmark for smartphones in 2025. Being the first commercially…

BusinessPress
BusinessPress
February 19, 2025

DIFC Celebrates its 20th Anniversary with an Exceptional Yearly Performance

The top global financial hub in the Middle East, Africa, and South Asia (MEASA), Dubai International Financial Centre (DIFC), has revealed record financial figures for 2024. The milestone, which falls…

BusinessPress
BusinessPress
February 19, 2025

Parts of the UAE Experience Rain, While Thursday is Predicted to See a Spike in Temperature

The National Centre of Meteorology (NCM) reports that the UAE is experiencing light rains in various locations, including Abu Dhabi, Dubai, Al Ain, and Al Dhafra, as a result of…

BusinessPress
BusinessPress
February 18, 2025
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January 21, 2025
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