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      Deena Kamel

      Deena Kamel

      Location
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      Articles

      Passengers at Ben Gurion international airport in Tel Aviv check cancelled flights. Airlines' net margins will rise to 3.7 per cent in 2025, from 3.4 per cent in 2024, Iata's latest report says. AFP
      Airlines cut 2025 net profit forecast slightly to $36bn over trade tensions

      Middle East carriers nevertheless will earn $27.2 per passenger in 2025, the highest globally, amid strong leisure and business travel demand

      AviationJune 02, 2025
      Emirates president Tim Clark says Boeing faces the challenge of ramping up production as quickly as it can. Chris Whiteoak / The National
      Emirates boss 'optimistic' Boeing will deliver 777X jet by 2027

      President of Dubai-based airline says US plane maker has 'high degree of determination' to get job done

      AviationJune 01, 2025
      Brent and WTI prices are down 1.5 per cent this week and are heading for their second weekly drop. PA
      Oil prices down for a second week ahead of Opec+ output decision

      Market expects oil alliance to boost supply again in July

      EnergyMay 30, 2025
      An employee counts money at a bank in Damascus, Syria. Banks in the Syrian capital resumed operations after Bashar Al Assad was forced from office. EPA
      Deposits from Gulf states 'critical' for Syria's financial reform

      Support may take form of currency swaps, direct transfers to central bank, concessional lending or asset trading, analysts say

      BusinessMay 28, 2025
      The DLD says only Emirates ID holders will be able to invest in tokenised real estate project before it opens up to international investors. Chris Whiteoak / The National
      Investors can now buy share of Dubai property for Dh2,000

      Emirate's land department launches pilot phase of first real estate tokenisation project

      PropertyMay 25, 2025
      The Dubai skyline. The new option for tax treatment for unincorporated partnerships is part of efforts to improve the UAE's business environment. AFP
      What is the new tax option for unincorporated partnerships?

      The move aims to promote 'tax neutrality' by allowing unincorporated partnerships to benefit from exemptions and relief available under the corporate tax law

      EconomyMay 25, 2025
      Visitors at the newly opened teamLab Phenomena, an immersive artwork experience museum in Saadiyat Cultural District in Abu Dhabi. Antonie Robertson/The National
      Camera7
      ExclusiveUAE's travel and tourism sector to add more than 26,000 jobs this year

      International visitor spend in the Emirates to reach record $62.2bn in 'gravity-defying' feat, world travel council chief says

      AviationMay 19, 2025
      President Donald Trump and Saudi Crown Prince Mohammed bin Salman pose for a photo at the Saudi-US Investment Forum in Riyadh on Tuesday. AP Photo
      Donald Trump's Gulf tour ends with trillions of dollars in deals

      US and Qatar signed deals to generate an economic exchange worth at least $1.2 trillion

      EconomyMay 16, 2025
      Etihad Airways currently operates a fleet of 99 jets, a mix of Boeing and Airbus aircraft. Photo: Etihad Airways
      Etihad Airways' Boeing wide-bodies deal to lift 2030 plan to double fleet

      The deal for 28 B787 and 777X planes is part of the $200bn package of agreements announced during President Trump's UAE tour

      AviationMay 16, 2025
      The agreement between DP World and the Syrian government is aimed at strengthening port infrastructure and logistics services in the war-torn country. Photo: Sana
      Syria and UAE's DP World sign $800 million agreement for Tartus port development

      Deal comes after US President Donald Trump's announcement earlier this week of moves to lift sanctions against Syria

      EconomyMay 16, 2025
      A seller in central Damascus. Syria's micro, small and medium-sized enterprises have shown remarkable resilience amid the country's economic turmoil. EPA
      No ‘overnight boom’ for Syria's economy despite lifting of sanctions

      Investments will not flow until security and legislative framework improve, analysts say

      EconomyMay 15, 2025
      Boeing, the largest US exporter of manufactured goods, received a much-needed boost from the Qatar Airways aircraft order. Photo: Qatar Airways
      Boeing secures its 'largest' jet order from Qatar Airways during Trump visit

      The $96 billion deal is for up to 210 787 Dreamliners and 777X aircraft, powered by GE Aerospace engines

      AviationMay 14, 2025
      Scott Bessent spoke at the Saudi-US Investment Forum in Riyadh on Tuesday. AFP
      Play00:58
      US Treasury Secretary sees 'big, beautiful' economic rebalancing with China

      US also in productive trade talks with Asian countries but EU has collective action problem, Bessent says in Riyadh

      EconomyMay 13, 2025
      The company is projecting a 10 per cent increase in its cargo business this financial year. Photo: dnata
      'We'll smash it again': Dnata eyes M&A deals and cargo growth

      Company in talks about opportunities in Asia-Pacific and South America, with deals expected this year, CEO says

      AviationMay 12, 2025
      Saudi Aramco's Fadhili gas plant project, located 30 km west of the city of Jubail in Eastern Province. AFP
      Saudi Aramco first-quarter profit down 4.6% on lower oil prices

      Company to distribute $21.1bn in base dividends

      EnergyMay 11, 2025
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