BusinessLatest Business and Company Updates
Fuel pact bolsters UAE aviation resilience
UAE aviation fuel supply chains are set for tighter coordination after ENOC Group and Emirates Petroleum Company, Emarat, signed an agreement to build a joint business continuity planning framework for Jet A-1 operations.The memorandum of understanding is designed to protect fuel availability at key aviation hubs during operational disruption, supply
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Air Arabia profit falls on airspace squeeze
Air Arabia’s first-quarter profit fell 22 per cent as regional conflict disrupted flying, closed airspace and forced temporary operational limits, even as the Sharjah-based low-cost carrier kept revenue broadly stable and filled a higher share of available seats.The carrier reported
L’IMAD tightens control over TAQA
Abu Dhabi’s L’IMAD Holding has deepened its grip on TAQA after its subsidiary Abu Dhabi Power Corporation bought a further 8.09 per cent stake in the listed power and water utility, lifting its holding to 98.12 per cent.The transaction, disclosed
Why a Growing Number of German-Speaking Founders Are Choosing Dubai
There is a particular kind of conversation happening in Munich, Vienna, and Zurich right now. A founder runs the numbers on another year of operating at home, looks at the tax line, the energy bill, and the months lost to
