flydubai has today announced its Full-Year Results for 2016 reporting a profit of AED 31.6 million (USD 8.6 million). It has reported total revenue of AED 5 billion (USD 1.37 billion) an increase of 2.4% compared to the same period last year. The stronger second half, driven by increased passenger numbers, was impacted by downward pressure on yield leading to lower overall revenue growth reflecting a continuation of the same adverse factors reported in the first half.
His Highness... Read More
WAM -- Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, watched the 4th stage of the Dubai International Cycle Tour.
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Khalifa Saeed Sulaiman, Director General of Dubai’s Protocol Department, also witnessed the race from the first stage to ensure the safety of the participants in the race that started this morning from the Dubai International Marine... Read More
WAM--Abu Dhabi has hosted a meeting of senior Arab officials within the framework of preparation for the fourth session of the Arab - Russian Cooperation Forum, which will be organised on Wednesday by the Ministry of Foreign Affairs and International Cooperation.
During the meeting, the draft documents for the fourth session of the forum, which include a communique draft and a plan for the Executive work, were discussed. The communique draft focusses on issues of common interest... Read More
WAM -- Experts at the Global Space Congress, which opened here on Tuesday at St. Regis Saadiyat Island Resort Abu Dhabi discussed the latest technologies in space exploration and ways to strengthen international efforts to develop this vital sector.
The International Astronautical Federation also revealed plans to establish an international innovation agenda in the field of astronautics, in a bid to keep up with current challenges in the space sector.
The Congress further... Read More
WAM - A Japanese study has said the UAE s support for renewable energy contributed to make solar energy cheap and it is now becoming cheaper to produce, with bid prices for solar and wind power projects in Europe and the Middle East dropping to levels comparable to coal-fired thermal power.
The study, conducted by the Japan s Nikkei, said that the UAE s Dubai Electricity and Water Authority, DEWA, received bids in the range of US 2 Cents per kilowatt-hour in proposals for solar... Read More
WAM -- Passenger traffic at Dubai World Central, DWC, Dubai’s second international hub, witnessed a strong surge in 2016, climbing 84.5 percent according to the traffic report issued by operator, Dubai Airports, today.
DWC welcomed a total of 850,633 passengers in 2016, up 84.5 percent compared to 461,063 passengers recorded in 2015. During the fourth quarter, passenger traffic at DWC totalled 248,405, up 39.9 percent compared to 177,608 passengers recorded during the last three... Read More
This year, guests can celebrate the Year of the Rooster at two of Dubai Parks and Resorts exciting theme parks.
From now until February 5th, guests visiting MOTIONGATE™ Dubai during Chinese New Year will be treated to a vibrant dragon and lion dance performance, accompanied by live drum and cymbal musicians plus a parading Chinese Buddha character. The colourful show will take place twice daily at 2:00pm and 6:00pm in Studio Central, which will also be adorned in traditional Chinese... Read More
With the announcement of the ‘Year of Giving 2017’, many organizations have responded to the call of The President His Highness, Sheikh Khalifa bin Zayed Al Nahyan. It started with the announcement of the UAE Food Bank by His Highness, Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
In this context, and coinciding with the launch of the 22nd edition of Dubai Shopping Festival (DSF), the Dhamani Group, an award-winning luxury... Read More
Expo 2020 Dubai will award 47 construction contracts worth AED 11 billion (3.0 billion USD) in 2017 as preparations for the first World Expo in the Middle East, Africa and South Asia continue to gather pace.
A further 98 non-construction contracts totalling more than AED 360 million (98 million USD) will also be distributed before the end of the year. These will range from legal advisory services to event management and merchandising.
The construction contracts for 2017, which... Read More
WAM -- H.H. Sheikh Mansour bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Presidential Affairs, attended on Sunday the opening of the 28th Winter Universiade in the Kazakh capital Almaty.
Kazakhstan President Nursultan Nazarbayev has officially opened the Almaty 2017 Winter Universiade here tonight.
Throughout the theatrical show, spectators were shown the most significant stages of Kazakhstan’s development, as well as its cultural richness, diversity of... Read More