Deena Kamel

The loan will be used to finance country's budgetary requirements

Peruvian President Dina Boluarte says the Dubai company is interested in investing more than $1 billion

A total of 457 plots are eligible under the decision, the Dubai Land Department says

The ultra-low cost airline is also increasing the number of Abu Dhabi flights to Tel Aviv following the Israel-Hamas ceasefire deal

Saudi carrier had originally planned to start operations in the middle of the year

Investors are assessing the outlook for 2025 while monitoring geopolitical developments in the Middle East

Move to bring rate down to 47.5% came amid signs of easing inflation in the country

Tourism's contribution to the emirate's economy set to surge to $14.9 billion in 2024 amid economic diversification push

Move is aimed at bolstering UAE's life sciences sector and drug security

Ppotential merger, through the establishment of a joint holding company, may include the participation of Nissan's partner Mitsubishi Motors

Eligible initiatives include research to reduce maritime sector pollution, sustainable port developments, marine conservation, tackling waste in coastal areas and improving water quality

Turkish and Chinese consortium awarded contract, with line due to start running on September 9, 2029

Global airlines are 'monitoring very closely' the developments in Syria but 'still too early' to assess the situation, according to Iata chief Willie Walsh

Gulf airlines 'largely unaffected' by Gaza war escalation, but growth targets in 2025 will be hit by delayed jet deliveries and engine shortages, Iata says

Middle East and North Africa Business Aviation Association Show will take place on December 10-12, showcasing the sector's growth in the region