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DXB LIVE sees 10% growth in business volume

  Dubai / WAM DXB LIVE, the integrated event management and organisation services arm of the Dubai World Trade Center (DWTC), announced substantial growth in business during the first half of this year achieving an increase of 10 percent from 2019 prior to the global pandemic. Activities and services relating to events organised at the DWTC resulted in record high ...

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Emirates carries over 10mn passengers this summer

  Dubai / WAM Emirates, the world’s largest international airline, carried more than 10 million passengers on nearly 35,000 flights to 130 destinations this summer. The airline also ramped up operations to serve customer demand during this busy period, reinstating daily services to London Stansted, and increasing flights to 33 cities on popular routes across Europe, Asia, and the Middle ...

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Essar, ArcelorMittal in $2.4b sale pact for infra assets

  Mauritius / Mumbai / Gulf Time In one of the largest post-pandemic M&A deals in India, Essar announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) for certain Ports and Power infrastructure assets which are primarily captive to Hazira steel plant operations. The deal also envisages a 50-50 joint venture partnership, for building a 4 MTPA LNG terminal ...

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