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Emirates Group announces half-year performance for 2019-20, with AED 1.2 billion profit, 7.9% increase in passengers carried to Dubai

10 Nov 2019

The Emirates Group today announced its half-year results for its 2019-20 financial year.

Group revenue was AED 53.3 billion (US$ 14.5 billion) for the first six months of 2019-20, down 2% from AED 54.4 billion (US$ 14.8 billion) during the same period last year. This slight revenue decline was mainly due to planned capacity reductions during the 45-day Southern Runway closure at Dubai International airport (DXB), and unfavourable currency movements in Europe, Australia, South Africa,... Read More

RTA awards contract for improving three metro stations

10 Nov 2019

The Board of Executive Directors of Roads and Transport Authority (RTA) has awarded a contract to upgrade three metro stations on the red line in a session chaired by HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA.

The step is part of a 5-year plan for the improvement of metro and marine transport stations and their surroundings to enhance multi-modal transit integration, bring happiness to customers, and provide a better mobility... Read More

Dubai Customs organizes Chinese language training for its inspectors

07 Nov 2019

Training Center at Dubai Customs launched a language learning program in cooperation with Eton Institute that targeted customs inspection officers. The program helps inspectors communicate with Chinese clients in their native language, and helps enrich their cultural experience and add value to their careers.

The program is also part of Dubai Customs efforts to spread a message of tolerance among nations and enhance effective communication between Dubai Customs and their clients. This... Read More

Investcorp, China Everbright enhance collaboration for investments in Greater China technology sector

07 Nov 2019

Investcorp, the Bahrain-based alternative investment manager, and China Everbright Limited, a Hong Kong-based alternative investment firm, announced today a new milestone in their existing partnership by combining their investment teams investing in the Chinese technology sector.

The combined team and investment committee will jointly manage the China Everbright New Economy Fund I. In addition, Investcorp and China Everbright intend to explore the opportunity to establish a successor... Read More

Khalifa bin Zayed re-elected President of UAE

07 Nov 2019

The UAE's Supreme Council of the Union has re-elected His Highness Sheikh Khalifa bin Zayed Al Nahyan as its President for a fourth five-year term, in accordance with the provisions of the UAE Constitution.

The Supreme Council of the Union expressed its deep confidence in the wise leadership of President His Highness Sheikh Khalifa, and wished him good luck to continue the journey of development and prosperity thanks to his far-sighted wisdom and approach that enhances the pillars of... Read More

Emirates and flydubai enter 3rd year of strategic partnership

06 Nov 2019

Over 5.27 million passengers have benefitted from seamless connectivity on the Emirates and flydubai network since both Dubai-based airlines begun their partnership in October 2017.

In addition, some 800,000 Emirates Skywards members have earned over 1.5 billion Skywards Miles on Emirates and flydubai codeshare itineraries in the last 12 months.

Marking the milestone as the partnership enters into its third year, HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief... Read More

UAE shoppers go low on gold and jewellery

06 Nov 2019

Jewellery demand in the UAE fell to its lowest levels in nearly 10 years during July to end September as the $1,500-an-ounce price tag scared off shoppers.

In these three months, jewellery demand was at 5.4 tonnes, well below the 10.7- and 9.3-tonnes generated in the first and second quarters of this year, respectively.

On Tuesday (November 5), gold was trading at $1,505.44 an ounce.

The UAE was not unique in seeing global jewellery demand dip to such a low.

More than 1,000 Expo 2020 Dubai Authorised Ticket Resellers to bring millions of international visitors to the World’s Greatest Show

06 Nov 2019

· Expo 2020 on track to record 25 million visits, 70 per cent of visitors from abroad

· Global travel industry offers Expo tickets as part of travel bundles one year ahead

· ATR network surpasses past Expos at this stage, more resellers to come on board

Expo 2020 Dubai’s ambition to draw 25 million visits through its gates is on track after more than 1,000 Authorised Ticket Resellers (ATRs) signed up in key markets around the world.

Dubai Monopoly new UAE-centric board game launches

06 Nov 2019

The official Dubai version of one of the world's most popular board games, Monopoly, has launched. With Mr. Moneybags, the Go To Jail square and Free Parking all accounted for.

The game has players earn a salary of M200 (is that Dh200?) as they pass go, and you can buy the Dubai Frame, Atlantis The Palm and Burj Khalifa. In the top spot is Burj Al Arab.

What is on the Dubai Monopoly board?

Unlike many international editions, the Dubai spaces are a mix of landmarks, areas... Read More

Bvlgari leads Swiss Watchmaking Italian Rinascimento

05 Nov 2019

With the launch of the Pre-Basel 2019 collection in Geneva this coming January, one theme rises above the rest: Bvlgari more than ever leads a deep Rinascimento of Swiss Watchmaking with daring innovations combining bold Italian design and complex Swiss mechanical and horological craftsmanship.

The Roman jeweler celebrating its 135 years in 2019 and known for its artistry and craftsmanship in jewelry watches since 1918 proposes this year an extraordinary cocktail of news on Diva,... Read More