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      Deena Kamel

      Deena Kamel

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      Articles

      Brazil's President Luiz Inacio Lula da Silva, China's President Xi Jinping, South Africa's President Cyril Ramaphosa, India's Prime Minister Narendra Modi and Russia's Foreign Minister Sergei Lavrov raise their arms as they pose for a group photograph in Johannesburg. AFP
      Expansion of the Brics group could lead to 'different world order', analysts say

      The move will support countries such as the UAE and Saudi Arabia to boost trade within the bloc and also help set a global policy agenda

      EconomyAugust 24, 2023
      A Boeing 737 MAX at the aircraft maker's Renton factory in Washington. Reuters
      Boeing 737 Max production glitch to delay jet deliveries

      US plane maker says defect is 'not an immediate safety of flight issue' for the model

      AviationAugust 24, 2023
      Chinese investors, pictured inspecting models of properties in Dubai during a 2018 trip, are returning in bigger numbers this year, estate agents and analysts say. Photo: Driven Properties
      Dubai property market set for 'year of Chinese investors' in 2024, experts say

      Reopened borders, property crisis and economic slowdown are driving buyers from China to buy homes abroad

      PropertyAugust 23, 2023
      Kuwait announced its plans to establish a new sovereign investment fund last month. Reuters
      Kuwait to transfer land plots worth $8.1 billion to pension fund

      The move is aimed at supporting retirees by bolstering the fund's financial position, the Ministry of Finance says

      EconomyAugust 22, 2023
      Firoz Tarapore, chief executive of state-owned plane lessor Dubai Aerospace Enterprise. Leslie Pableo / The National
      Boeing and DAE's engineering unit to set up freighter conversion line in Jordan

      Amman-based Joramco will work on converting Boeing 737-800 passenger planes into cargo aircraft, serving domestic and foreign airlines

      AviationAugust 22, 2023
      A Kuwait Airways plane parked at Cairo International Airport. The airline currently operates 58 non-stop routes with 105 flights per day. Reuters.
      Kuwait Airways halves loss in 2022 on higher revenue

      The airline plans to break even in fiscal year 2024

      AviationAugust 21, 2023
      A codeshare partnership between Emirates and Air Canada will cover flights between 11 domestic Canadian points and Montreal. Dubai Airports
      Emirates and Air Canada expand codeshare deal to Montreal flights

      The move follows the launch of Emirates' non-stop services to Quebec’s largest city in July

      AviationAugust 17, 2023
      DP World says it is positive on the medium to long-term outlook for global trade. Photo: Wam
      DP World first-half profit jumps 33% on higher revenue

      Global ports operator well positioned to deliver 'a steady set of full-year results' after solid six-month financial performance

      EconomyAugust 17, 2023
      Dubai's property market has bounced back strongly from the pandemic, driven by 'supercharged' villa prices. Bloomberg
      'Supercharged' villa prices drive Dubai property growth

      Prime locations clock 125% increase since January 2020

      PropertyAugust 16, 2023
      Planes at Ronald Reagan Washington National Airport in Arlington, Virginia. Business travellers say they are more frequently blending business and personal travel than they did in 2019. AFP
      Business travel spending to pass pre-Covid levels of $1.4tn in 2024

      Pent-up demand, return of in-person meetings and stable economic conditions have accelerated the rebound, report says

      Travel and TourismAugust 16, 2023
      The Abu Dhabi skyline. The emirate's industrial strategy, announced in 2022, aims to double the size of industrial sector to Dh172 billion. Khushnum Bhandari / The National
      Abu Dhabi's new industrial licences rise 16.6% one year after launching growth strategy

      Capital investments by new manufacturing facilities in the emirate increase to $4.18 billion

      EconomyAugust 15, 2023
      Al Dahra and Abu Dhabi Exports Office (Adex) sign a deal to supply wheat to Egypt for five years. Al Dahra
      Abu Dhabi to supply wheat to Egypt in $500 million deal

      Al Dahra and Adex partner on five-year agreement

      EconomyAugust 15, 2023
      A picture of Deendayal port's mega-container terminal in the Indian state of Gujarat that DP World operates. Photo: DP World
      DP World to boost container-handling capacity by year-end

      Additional volume will enhance the global port operator's position as it continues to expand

      EconomyAugust 15, 2023
      A Boeing 737 Max. DAE's orderbook includes 737-8, 737-9 and 737-10 variants. Photo: DAE
      Dubai firm DAE to acquire 64 Boeing 737 Max jets from China Aircraft Leasing

      Transaction is expected to be completed in third quarter of the year

      AviationAugust 14, 2023
      For the first half of the year, Agility posted a 2 per cent yearly increase in net profit. AFP
      Kuwait's Agility second-quarter profit softens on higher financing costs

      Logistics company's total operating revenue for the three month period more than doubled to $1 billion

      MarketsAugust 14, 2023
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