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Air Arabia net profit reaches AED114mn in first quarter

  Sharjah / Emirates Business Air Arabia PJSC reported strong financial results for the first quarter of 2016 exceeding analyst expectations as the Middle East’s first and largest low cost carrier continued to deliver outstanding performance and attract new customers. Air Arabia reported a net profit of AED114 million for the three months ending March 31, 2016, 34 percent higher ...

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Global annual spend on airport security to hit $12.67bn in 2023

  ALKESH SHARMA / Emirates Business As the Middle East region surpasses global surge in air traffic, airlines and airports in this part of the world are making huge investments to spruce up the security of passengers and premises. Massive funds have been moved towards airport system upgrades to ensure seamless passenger experience, focussing solely on the security segment. UAE ...

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Majid Al Futtaim wins at MENA Digital Awards

  Abu Dhabi / Emirates Business Majid Al Futtaim has been awarded two prestigious awards at the MENA Digital Awards 2016 (MDA) and the Festival of Media Awards MENA 2016. The retail pioneer won in two categories: “Best Mobile App” for City Centres’ mobile app at the MDA, as well as “Best Engagement Strategy” for the Corporate Sustainable Responsibility angle ...

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