The carrier flew 10.6 million passengers across its network last year, rising 89 per cent compared to 2021 Dubai-based carrier flydubai has reported a 43 per cent year-on-year rise in profit for the year 2022, equalling Dhs1.2bn ($327m). The airline reported revenue of Dhs9.1bn...

UAE economy to thrive in 2023 despite global headwinds The UAE economy will grow by 4.1% this year, says the World Bank. The growth forecast is positive considering difficult global economic conditions said Issam Abu Suleiman, the Regional Director of the Gulf Cooperation Council...

RAK Digital Assets Oasis will open for applications in Q2 2023 Ras Al Khaimah (RAK) has announced its intention to launch RAK Digital Assets Oasis, the world’s first free zone dedicated to digital and virtual asset companies. The announcement was made at the Blockchain Life 2023...

Petrol prices will marginally increase, while the price for diesel has been cut The UAE has announced fuel prices for the month of March. The fuel price follow-up committee increased petrol prices by 4 fils per litre. Super 98 will cost Dhs3.09 per litre, beginning March 1,...