Move over, Bali. Step aside, London. Chinese travelers are embarking on a new adventure, and their destination of choice is surprising the tourism world: the Middle East. Spurred by easier visa rules, a flood of new direct flights, and a thirst for unique experiences, Chinese outbound travel to the region is exploding. Data from the…
DUBAI: NEP Group, a global media services provider for live sports and entertainment, announced Thursday that Waleed Isaac will join the company as President of its Middle East and Asia operations, effective Aug. 1. Isaac, a seasoned executive with more than 30 years of experience across energy, infrastructure, and event production industries, will oversee…
DUBAI, UNITED ARAB EMIRATES: TruKKer, the Middle East’s leading land logistics provider, has announced the launch of its new venture, Omnilog. This integrated freight forwarding company is set to expand TruKKer’s already extensive capabilities, offering a holistic suite of logistics solutions and services. With a reputation for excellence in land logistics across 10 markets…
DUBAI: TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, has announced its best-ever financial and operational performance for the year 2023, along with a cash dividend of AED 800 million for its shareholders. The Group held its Annual General Assembly Meeting at Dubai Internet City, where it approved the…
DUBAI: Union Properties PJSC (UPP) announced its preliminary financial results for the fiscal year 2023, registering a record net profit of AED 811 million, up by 2607% from 2022. The company’s operating profit also grew by 60%, reaching AED 508 million. The company attributed its exceptional performance to its strategic approach, market position, and…
Dubai: Joby Aviation, a company developing all-electric aircraft for commercial passenger service, has signed an agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026. The agreement, signed at the World Governments Summit in Dubai, gives Joby the exclusive right to operate air taxis in…
TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, reported a record revenue of AED 2.2 billion and a net profit of AED 1.1 billion for 2023, up 10% and 49% respectively from the previous year. The Group attributed its strong performance to robust demand from new and existing customers…
DUBAI, UNITED ARAB EMIRATES: Emaar Properties (DFM: EMAAR) has achieved an impressive growth in property sales in nine months ended September 30, 2021 which increased by over 236 per cent to AED 26.146 billion (US$ 7.118 billion) compared to the same period in 2020. Led by its UAE development business and complemented by its…
LONDON, UK: Cornerstone FS plc, the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, has expanded into the Middle East with the opening of an office in Dubai. The new office will be led by Robert O’Brien who has joined Cornerstone, as General Manager APAC and Middle East.…
DUBAI –Knowledge Bylanes — Vape expo organizer Way Joy today announced that the first Dubai International VAPE EXPO has been scheduled for March 18 to 20, 2020, and will be held at Festival Arena By InterContinental, Al Badiya, Dubai Festival City. The EXPO will be special for business groups on March 18 and 19,…