Emirates Business Boom introduced its supersonic passenger airliner as well as the XB-1 Supersonic Demonstrator, at Dubai Future Foundation premises. The commercial aircraft will connect the GCC to the rest of the world with flights up to 2.6X faster than conventional airliners. For example, a flight from Dubai to Sydney which takes 14:51 today, will take just 8:17 flying …

  DUBAI / WAM Expo 2020 Dubai, the first mega-event to be hosted in the region, will lay the foundations for a diversified and sustainable tourism industry through a series of initiatives designed to support the UAE’s plans for diversification to a knowledge-based economy. The strategy was revealed during Expo 2020 Dubai: The Legacy, the first session to take place …

  ABU DHABI / WAM UAE stock markets closed in green securing AED 3.5 billion in profits driven by the blue chips, specially those at the banking and real estate sectors. First Abu Dhabi Bank’s share jumped to AED 11.20 after the General Assembly of the new banking entity created following the merger of National Bank of Abu Dhabi and …