Emirates Airline's recorded robust profits for the first-half of this year.
The Dubai-based carrier posted a nearly three-fold boost in their profits for H1 on the back of falling oil prices.
They've enjoyed profits of AED 862 million during the first six months of 2019, making for a jump of 282 per cent.
Meanwhile, first-half revenue fell three per cent to AED 47.3 billion.
US judge dismisses Musk's fraud claims in OpenAI case
A US judge on Friday dismissed Elon Musk's fraud claims in his lawsuit accusing OpenAI and co-founder Sam Altman of betraying OpenAI's original mission, but plans to proceed to trial on Musk's breach-of-charitable-trust and unjust-enrichment claims.
Dubai South partners with Emirates NBD to support business community
Dubai South has signed a strategic Memorandum of Understanding (MoU) with Emirates NBD to support the financial growth of SMEs and facilitate access to a range of banking services.
DMCC to launch two new commercial towers for "Uptown Dubai" by 2028
The Dubai Multi Commodities Centre (DMCC) has launched two new commercial towers, “One Uptown Place” and “Two Uptown Place”, as part of the expansion of the Uptown Dubai area.
DIFC to become world’s first AI Native financial centre
The Dubai International Financial Centre (DIFC) has announced plans to become the world’s first AI-native financial centre.
AB Foods to split Primark from its food businesses
Associated British Foods has decided to separate its Primark fashion chain from its food businesses through a demerger following a review of the group's structure, it said on Tuesday.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, has emphasised the achievements of the Mohammed bin Rashid Al Maktoum Global Initiatives Foundation (MBRGI) in supporting more than 165 million people in 122 countries through aid.
As part of the UAE's "Operation Chivalrous Knight 3", a second mass wedding ceremony for 300 couples has been held in Deir Al Balah in Gaza, with support from the Khalifa bin Zayed Al Nahyan Foundation.
Ibrahim Dalhan Al Dosari, Acting Secretary-General of the Royal Humanitarian Foundation (RHF) in Bahrain, has praised the efforts of the UAE's “Operation Chivalrous Knight 3” to assist the people of Gaza, as well as the humanitarian role carried out by the UAE aid team in Al Arish.
