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Dubai / WAM flydubai has announced H2 profit of as much as AED157 million ($43 million), driven by stronger yields and revenue growth that led to minimising annual loss. Ghaith Al Ghaith, Chief Executive Officer of flydubai, said, “In line with expectations, 2018 was a challenging year however we have continued to invest in our capacity and increased revenue. We ...

DUBAI / WAM Enoc Group has announced a strategic alliance with Indian Oil Company (IOC) the largest commercial oil and gas company in India worth $63 billion, in a joint effort to expand its global footprint while building on IOC’s research and development infrastructure to mitigate future manufacturing challenges. The Enoc-IOC partnership includes research and development efforts, to jointly develop ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday continued his tours of several national and foreign pavilions in the International Defence Exhibition and Conference (Idex 2019), now running at the Abu Dhabi National Exhibition Centre (Adnec). During his tour, His Highness Sheikh ...

ABU DHABI / WAM His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, a member of Abu Dhabi’s Executive Council and Supreme Petroleum Council and Chairman of the Abu Dhabi Department of Transport, was briefed on Adnoc Logistics and Services’ (Adnoc L&S) strategic growth plans, which will transform it into a global shipping champion, during a recent visit to ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, received a note from President Emmanuel Macron of the French Republic, regarding the bilateral relations between the two friendly countries. The note also touched on ways to further develop relations between the UAE and France in various fields, in addition to the latest developments on the regional ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC), inaugurated the Al Fatah Elementary and Secondary School in Al Qataba, Khawkhah District in Hodeidah Governorate, after it has been renovated, rehabilitated and furnished, to support the education sector in Yemen. The ERC’s representative in the Red Sea Coast stated that the project was completed in record time, to enable 1,800 ...

Dubai / WAM Dubai International Boat Show gets underway next week, welcoming no fewer than 450 yachts and boats from around the world to the Dubai Canal. Ranging from fishing boats and small leisure-craft, to 50-metre (164ft) superyachts, the Dubai International Boat Show will be home to all things “chic nautique”, and will once again be the Middle East’s premiere ...

Dubai / Emirates Business The Gulf Craft Nomad Yachts range goes from strength to strength as the company pushes the innovation button with the launch of an extended range of Nomad Yachts at the Dubai International Boat Show. The new range is added to the already successful Nomad 55, Nomad 65 and Nomad 75 models which have made waves in ...

Dubai / WAM Demand within the UAE’s food and beverage sector is expected to gain momentum over the next three years, supported by the country’s fast-growing population, rising number of tourists, and expanding halal food market, according to new analysis from Dubai Chamber of Commerce and Industry. The findings of the analysis were revealed during a briefing on the sidelines ...

Bloomberg President Vladimir Putin signaled Russia will aim new weapons at the US if it stations missiles in Europe after quitting a landmark Cold-War-era treaty, amid growing fears of a new arms race. Still, the tone of Putin’s annual state-of-the-nation speech was less belligerent than a year ago, when he showed computer-graphics demonstrations of a series of new missiles and ...