Arabian Post Staff Propelled by strong growth throughout the first three quarters of the year and anticipation of an exceptional surge in guest numbers in the final quarter, Dubai Airports is forecasting annual passenger traffic at Dubai International (DXB) to reach 86.8 million – surpassing 2019 traffic. DXB commenced the second half of 2023 with its growth story continuing unabated, with average monthly traffic reaching 7.6 million, […]
Arabian Post Staff Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in Europe, the Middle East and Africa, unveiled revised growth targets that will see the group accelerate the development of new power and water generation assets. Building upon its 2021 growth strategy, the revised growth targets see Taqa aiming for 150 gigawatts (GW) of gross power generation by 2030, up from […]
Arabian Post Staff The first Emirates flights operating with sustainable aviation fuel (SAF) provided by Shell Aviation have taken off from Dubai International Airport (DXB). Emirates’ flight EK 412 bound for Sydney on 24 October was among the first to operate with SAF. Shell has supplied 315,000 gallons of blended SAF for use at the airline’s hub in Dubai. This first ever supply of SAF to Emirates in Dubai […]
Arabian Post Staff Beyond the catastrophic loss of life and costly damage to infrastructure, the war between Israel and Hamas will have repercussions for other economies in the Middle East and North Africa (MENA), Standard & Poor’s said in a report. Focusing on the tourism sector, S&P says Lebanon, Egypt, and Jordan could suffer the most, hampering real GDP growth and weakening their external positions, although this […]
By Girish Linganna China’s position on the Gaza conflict has left Israel disappointed. As Israeli forces have carried out airstrikes and ground operations in response to Hamas’ early October attack, Beijing has consistently accused Israel of exceeding the bounds of self-defence in its retaliation. Furthermore, China vetoed a U.S.-led United Nations resolution that reaffirmed the […]
The post China-Israel Relations Are Changing Substantially In The Wake Of Gaza War first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff Dubal Extrusion Investment (DEI), a company under Dubai Holding, has completed the acquisition of Thermalex Inc – an aluminium extrusion company specialized in aluminium multiport extruded tube (MPE) located in Montgomery, Alabama, USA. The acquisition comes as a response to the growing demand for DEIs products to Automotive, HVAC & and other commercial products. Following the acquisition of Thermalex Inc. alongside its sister company […]
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Arabian Post Staff Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has signed four Memorandums of Understanding (MoUs) to enhance the emirate’s digital ecosystem. The agreements with Mastercard, RemotePass, Tokio Marine & Nichido Fire Insurance, and Silkhaus were inked during the Dubai Business Forum, an influential global gathering of businesses and investors held from 1-2 November at Madinat […]
Arabian Post Staff Virgin Atlantic’s returned to Dubai International Airport (DXB) for the first time since March 2019. The UK-based airline re-commenced its flights from London Heathrow Airport (LHR) on 30 October, with a four-weekly service to cater for the popular winter travel season, operating a Boeing 787-9 aircraft. Dnata will deliver a range of ramp and passenger services for the airline and its passengers at the […]
By Dr. Gyan Pathak Deceleration in India’s manufacturing sector growth was the worst in the last eight months since February this year, reflecting fading of output, demand, and employment generation in the country. It is particularly ominous, since it’s a festive season and the first month of the busy second-half of the India economy when […]
The post Festive October Witnessed Fading Output, Demand, Employment first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff Fortune 500 Arabia, the list that ranks the 500 largest corporations in the Arab region according to their annual revenues, reveals that the UAE is home to the headquarters of 87 Fortune 500 Arabia companies, marking approximately 17% of the list, generating a total of USD 254.87 billion in 2022. This ranks the UAE second after Saudi Arabia, whose 153 companies generated USD 813.33 […]
Arabian Post Staff ESG rating agencies are one of the main barriers to increasing investment in emerging markets, with a core challenge being that many rating agencies use KPIs that are not relevant to emerging markets, a study by Future Investment Initiative (FII) Institute, a global non-profit foundation dedicated to tackling global challenges, has revealed. While there has been a surge in ESG investing over the past […]
Arabian Post Staff Abu Dhabi Future Energy Company Masdar has signed agreements for solar and onshore wind projects with a total capacity of 1 gigawatt (GW) in Azerbaijan, following the inauguration of the region’s largest operational solar plant, the 230MW Garadagh Solar Park. The strategic agreements cover the progression of the first phase of a 10GW pipeline of renewable energy projects in Azerbaijan signed in June 2022. […]
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Arabian Post Staff Himalaya Wellness has broken ground for its upcoming state-of-the-art herbal pharmaceutical factory that will produce tablets, capsules, liquid orals, and ointments at Dubai Industrial City. Phase one of the factory will be delivered across a built-up area of 225,000 sq. ft. Worth $54.4 million (AED 200 million), the plant will have an annual production capacity of 3 billion tablets, 15 million syrup bottles, and […]
Arabian Post Staff E-commerce in the food and beverages sector in the UAE and Saudi Arabia has achieved a standout performance within the retail markets, according to NielsenIQ analysis of the region’s key Fast Moving Consumer Goods (FMCG) data up to the end of August 2023. Despite facing significant price hikes averaging 3% and 5%, respectively, over the past three months, both countries have again recorded strong […]
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Arabian Post Staff ADX-listed provider of AI-powered geospatial solutions Bayanat signed memorandums of understanding (MOUs) with Xcalibur Multiphysics, the worldwide leader in airborne geophysics, and Teledyne Geospatial, the global leader in sensors and software solutions for mapping land and water during the launch of Smart & Autonomous Vehicle Industries (SAVI) Cluster in Abu Dhabi. Bayanat and Teledyne Geospatial will work together to further develop industry-leading autonomous survey […]
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Arabian Post Staff Emirates and Batik Air Malaysia announced a codeshare agreement, allowing Emirates’ customers to access 5 domestic Malaysian cities and 3 regional South East Asia points operated by Batik Air via Kuala Lumpur International Airport (KLIA). In line with the agreement, Emirates will place its code on Batik Air-operated flights to Penang, Kuching, Kota Kinabalu, Langkawi, Johor Bahru, Denpasar, Jakarta and Singapore, offering customers a […]
Arabian Post Staff In the first half of 2023, the UAE and Japan shared non-oil trade worth US$7.4 billion, a rise of 4.2 percent compared to the same period in 2022. The UAE’s non-oil exports to Japan exceeded US$718 million, while imports from Japan to the UAE amounted to US$6.3 billion in H1 2023. Re-exports from the UAE to Japan reached US$421 million. The importance of the […]
By C.J. Atkins WASHINGTON—Playing the part of classic Cold Warrior in his Thursday night Oval Office speech, President Joe Biden made a sales pitch for a permanent war economy, using democracy as a prop to convince the American people that he needed $105 billion to spend on weapons for Israel, Ukraine, and—unmentioned in his remarks—Taiwan. […]
The post Biden’s Israel-Ukraine Money Appeal Envisions War-Based Economy first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff Xiamen Airlines has become the first Chinese carrier to offer direct flights from China to Qatar. On October 20, a Boeing-787 of Xiamen Airlines departed from Beijing Daxing International Airport for Hamad International Airport in Doha, Qatar, commencing regular flights between Beijing and Doha. This year marks the 35th anniversary of the establishment of diplomatic relations between China and Qatar, and the 10th anniversary […]
Arabian Post Staff While MENA countries have demonstrated a growing commitment to climate action through net-zero targets, action from the business community still lags behind that of global peers, and consumers still underestimate their regional vulnerabilities, a report jointly prepared by the World Economic Forum and Bain & Company said. The report focusses on nine major MENA economies: Saudi Arabia, UAE, Egypt, Qatar, Kuwait, Morocco, Oman, Tunisia, […]
Arabian Post Staff Dubai’s real estate market has recorded yet another surge during Q3 2023, according to data by the Dubai Land Department. The city has witnessed a 40% increase in total value of transactions worth of AED 97.55 billion and a 22% increase in the total number of transactions at 31,216 when compared to the same period last year. The areas that have recorded the highest […]
By P Sudhir If President Biden’s visit to Tel Aviv for a day demonstrated anything, it is the unremitting and blind support for the Israeli settler-colonial State. The visit underlined what has been the unchanging reality since 1948 – the United States has nurtured and cultivated Israel as its outpost in West Asia. The United […]
The post United States Is In Full Complicity With Israel In Its War Crimes Against Palestinians first appeared on Latest India news, analysis and reports on IPA Newspack.
By Arun Srivastava Rightist forces do not empathise with the human and humanity. Humanitarian emotions and sensibilities have been unknown commodities for them. Hitler crushed the humanity and the worst victims of his tyrannies were the Jew. It is ironical that now the same Jews are perpetrating the worst kind of torture on the Muslims […]
The post For His Electoral Gains, Biden Is Pushing US Towards A Global War first appeared on Latest India news, analysis and reports on IPA Newspack.
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Arabian Post Staff Dubai Internet City has signed a strategic partnership with German Entrepreneurship GmbH to strengthen the start-up and entrepreneurship ecosystem in the UAE and beyond. Under the terms of the agreement, Dubai Internet City will support German start-ups with the data, insights, and resources needed to enter the UAE and new regional markets. German start-ups will also be invited to establish a base at Dubai […]
