Trends - emirates - Business Recorder

Markets

Telecom stocks power UAE gains; Saudi index declines

DUBAI: Markets in the United Arab Emirates (UAE) finished stronger on Tuesday, powered by the country’s telecoms...

Published 20 Jan, 2021 04:29am

Markets

Abu Dhabi outperforms as major Gulf markets rise

In Qatar, the index rose 0.2%, with Qatar National Bank (QNB) rising 0.9%.

Published 19 Jan, 2021 02:30pm

Markets

UAE stocks slip after first cases of new virus variant detected

Elsewhere, the shopping centres owner Arabian Centres gained 1.8% after it proposed to distribute a cash dividend of 0.5 riyal per share for the first half of the year.

Published 30 Dec, 2020 03:07pm

Business & Finance

Emirates hopes for A380s Return As Air Travel Recovers with Vaccine News

Emirates hopes that its full fleet of jumbo Airbus SE A380 jets will return to the skies by early 2022 as coronavirus vaccine becomes more accessible across the globe.

Published 25 Nov, 2020 03:25pm

Business & Finance

Emirates airline posts first loss in more than 30 years

The last time the airline reported a loss was in the 1987-88 financial year, when it was starting up its operations.

Published 12 Nov, 2020 05:53pm

Business & Finance

Emirates airline says returned $1.4bn in pandemic refunds

It was the 32nd straight year of profit for Emirates, but the sharp downturn in global travel in 2020 may result in a loss.

Published 07 Sep, 2020 06:17pm

Business & Finance

Despite COVID Emirates SkyCargo exports 10mn Pakistani mangoes this season

The main markets where Emirates SkyCargo transported mangoes from Pakistan this season included the UK, US, Canada, Australia, France, Singapore, Malaysia, and the UAE.

Published 02 Sep, 2020 12:52pm

Business & Finance

Emirates to serve all 'network destinations' by summer 2021

Redha said the airline will serve 143 destinations by summer next year, down from 157 before the pandemic.

Published 20 Aug, 2020 05:19pm

Business & Finance

Emirates increases passengers services in Pakistan

Emirates will now offer customers 53 weekly flights to Pakistan, which will increase to 60 weekly flights starting 16 August.

Published 10 Aug, 2020 04:43pm

Business & Finance

Emirates to cover virus-related medical costs

Two weeks later, it resumed operations on a limited network and plans to fly to 58 cities by mid-August, down from over 150 before the crisis.

Published 23 Jul, 2020 07:32pm

Business & Finance

Emirates NBD quarterly profit slumps 58pc as pandemic provisions jump

Net profit slumped to 2 billion dirhams ($544.5 million) from 4.74 billion dirhams a year earlier, when it booked a gain of 2.1 billion dirhams from an asset sale.

Published 20 Jul, 2020 03:04pm

Business & Finance

Emirates airline to cut up to 9,000 jobs: report

It resumed two weeks later on a limited network and plans to fly to 58 cities by mid-August, down from about 157 before the crisis.

Published 11 Jul, 2020 06:36pm

Business & Finance

Emirates resumes operations in Pakistan

"Following the receipt of relevant government approvals, Emirates has resumed passenger services to Pakistan," said Emirates.

Published 03 Jul, 2020 02:52pm

Business & Finance

Emirates suspends services from Pakistan, amid Covid-19 cases

The announcement comes in light of reports that 26 passengers on the Emirates flight to Hong Kong were tested positive for Covid-19.

Published 24 Jun, 2020 12:31pm

Business & Finance

Emirates airline layoffs continue for the second day

The Dubai-based carrier laid off hundreds of pilots and cabin crew on Tuesday in a bid to stave off a cash crunch caused by the coronavirus pandemic, sources told Reuters.

Published 10 Jun, 2020 02:50pm

Business & Finance

Emirates, Etihad extend temporary salary cuts to Sept

The aviation industry has been among the worst hit by the outbreak, which has dented travel demand and forced major airlines to lay off staff and seek government bailouts.

Published 07 Jun, 2020 03:55pm

Business & Finance

Emirates announce to resume scheduled flight operations to Pakistan

As per details, Emirates will resume scheduled flight operations from Pakistan to Dubai from June 8.

Published 04 Jun, 2020 02:40pm