Category: Business

ABU DHABI: Zayed International Airport (AUH) welcomed flynas inaugural flight, marking the launch of Saudi Arabia’s first low-cost airline’s new direct service from Jeddah (JED) and Medina (MED) to Abu Dhabi. This strategic route expansion enhances co…

ABU DHABI: The Board of Directors of Al Yah Satellite Communications Company (Yahsat) has approved the distribution of interim dividends of 8.40 fils per share for the first half of 2024.

In a disclosure to the Abu Dhabi Securities Exchange (ADX) on …

SEOUL: The Republic of Korea’s consumer prices slowed to the lowest level in nearly three and half years in August on easing prices of farm produce and global oil, Yonhap News Agency quoted data from Statistics Korea as saying Tuesday.

Consumer price…

ABU DHABI: Bloom Holding, one of the UAE’s leading real estate development companies, has announced the commencement of the handover process for units in Cordoba, the first phase of Bloom Living, a fully integrated community in Abu Dhabi.

The handove…

Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the impact of a blockade of oil production facilities in Libya.

Brent crude futures were down 37 cents, or 0.48%, to $77.15 a…

ABU DHABI: ADNEC Group, through its subsidiary Tourism 365, announced a partnership with Resorts World Cruises, an international premier cruise line that is homegrown in Asia.

This partnership solidifies Tourism 365’s position as a leading provider o…

Oil prices extended losses on Monday on expectations of higher OPEC+ production from October while signs of sluggish demand in China and the United States raised concerns about future consumption growth.

Brent crude futures were down 56 cents, or 0.7…

DUBAI: DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong.

The acquisition process is officially complete, with plans for full integration over the next few months.

The c…