Recent Posts

Etihad boosts network to Singapore, Thailand

ABU DHABI/WAM Etihad Airways announced it will start flying its A380 double-decker to Singapore (SIN) from 1st February, 2025. It will also boost its flights to Thailand to 41 per week from 27th October, 2024, up from the current 35 flights. The new schedule will include 21 flights to Bangkok and 20 to Phuket, compared to the current 18 and ...

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Emaar Properties’ revenues reach AED14.4 billion in H1-24

DUBAI/WAM Emaar Properties has released its financial results for the first half of 2024, reporting total revenue of AED14.4 billion ($3.9 billion) and a net profit before tax of AED7.8 billion ($2.1 billion), achieving growth of 17% and 33%, respectively over the same period last year. In a statement on Thursday, the company said that the improved performance was driven ...

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ADNOC Distribution reports net profit of $170 million in Q2 2024

ABU DHABI/WAM ADNOC Distribution today announced its financial results for the second quarter of 2024. The Company reported a 15.0% YoY increase to $267 million in Q2 2024 EBITDA, and a 12.9% YoY rise in net profit to $170 million. Excluding the impact of the UAE corporate tax, net profit would have increased by 24.5% YoY to $187 million. Strong ...

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