World News

Tag: dubai

  • Emirates Group posts record half-year profit of $2.7 billion

    Emirates Group posts record half-year profit of $2.7 billion


    Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021.

    Aaronp / Bauer-Griffin | GC Images | Getty Images

    DUBAI, United Arab Emirates — Emirates Group posted its highest-ever half-year earnings, reporting net profit of 10.1 billion dirhams ($2.75 billion) for 2023-24 on rebounding demand.

    The figure eclipsed its half-year profit of the previous year — 4.2 billion dirhams — by 138%.

    The earnings beat was driven by strong demand for international travel, as the industry continues its recovery from the Covid-19 pandemic. Group revenue was 67.3 billion dirhams, up 20% from the previous year’s six-month revenue figure.

    Emirates Group, the state-owned Dubai-based holding company of which Emirates Airline is a subsidiary, also reported a figure for earnings before interest, taxes, depreciation, and amortization (EBITDA) of 20.6 billion dirhams, up from 15.3 billion dirhams the same period last year. It reported its cash position at 42.7 billion dirhams.

    “The Group has been able to tap on its own strong cash reserves to support business needs, including debt payments,” the company’s earnings statement said, adding that Emirates has reimbursed 9.2 billion dirhams of its Covid-19 related loans and the group has paid 4.5 billion dirhams in dividend to its owner, which was declared at the end of the 2022-23 financial year.

    Emirates Airline and Group Chairman and CEO, Sheikh Ahmed bin Saeed al Maktoum, said in an accompanying statement, “We are seeing the fruition of our plans to return stronger and better from the dark days of the pandemic. The Group has surpassed previous records to report our best-ever half-year performance.”

    He added that the group’s profit for the first six months of the 2023-2024 financial year has “nearly matched our record full year profit in 2022-23.”

    “For the second half of 2023-24, we expect customer demand across our business divisions to remain healthy and we will stay agile in how we deploy our resources in this dynamic marketplace,” Al Maktoum said. “At the same time, we are keeping a close watch on headwinds such as rising fuel prices, the strengthening US dollar, inflationary costs, and geo-politics.”



    Source link

  • ICC World Cup 2023: Pakistan team finally departs for India – SUCH TV

    ICC World Cup 2023: Pakistan team finally departs for India – SUCH TV



    After days of uncertainty over issuance of visas, Pakistan’s national cricket team finally departed for India on Wendesday.

    The team left from Lahore to Dubai, where they will stay for nine hours before leaving for India. The journey from the National Cricket Academy to the Lahore airport was made in bulletproof vehicles.

    The team will arrive in Hyderabad in India at 8 pm, where a practice session has been scheduled for the following day.

     Pakistan’s first warmup game is scheduled to be played in Hyderabad on September 29. The game will be played without a crowd.

    The team’s campaign will officially begin on October 6 with a game against the Netherlands. Pakistan will play hosts India on October 14.



    Source link

  • 7 luxury wedding venues Dubai has to offer as the season approaches – SUCH TV

    7 luxury wedding venues Dubai has to offer as the season approaches – SUCH TV


    As we await the onslaught of better weather in the region, there is also looming, of course, the impending wedding season in South Asia.

    Dubai has fast become a likely and popular destination for couples and families looking to decamp and celebrate in the glitzy gulf city.

    Home to plenty of hotels and venues, including a Michelin-approved list of restaurants, whether one is looking for a beachside ceremony or a grand ballroom reception, wedding venues in Dubai often offer an unparalleled level of grandeur and sophistication. Most hotels also provide access to their own wedding planning concierge, negating the need to hire a separate wedding planner.

    Many hotels and resorts also offer packages to plan a weekday or weekend wedding, and provide details on documentation needed for non-residents to get married in the UAE in order to streamline the process.

    Dubai, Doha, London among top cities where international travellers loved to splurge in 2022

    Here is a selection of a few on our radar:

    Atlantis, The Palm

    Located on the sprawling Palm, this ubiquitous resort has everything from a private beach to luxurious ballrooms –even an underwater aquarium, to host a wedding for thousands of guests – should you want to.

    It also comes replete with world-class chefs who can create bespoke menus, and a flawless experience against a stunning background of the property.

    Four Seasons Resort, Jumeirah Beach

    This sprawling beachside property is close to the city center with stunning ocean views. The property is also home to popular restaurants like COYA and Nusr-Et.

    The grand Dana Ballroom opens out onto a lush seaside garden, and the hotel’s wedding planners are happy to accommodate events according to one’s specifications and cultural needs. They already have in-house florists and an international culinary team ready to execute, while also providing access to vendors for other details such as decoration, cake and more.

    Mandarin Oriental Jumeirah

    The stylish urban resort, located in Jumeirah has stunning ocean views as well as of the skyline with the glittering Burj Khalifa in the distance.

    The chain is known for its exceptional service and offers access to its stunning property as well as tiered packages, including a dedicated event manager in order to streamline the planning process.

    The hotel also provides access to a bridal suite, with private elevator access to the ballroom.

    Dubai ranks third among top global cities, ahead of New York, London and Paris.

    df c

    Bulgari Resort, Jumeirah Bay Island

    Along with luxury hoteliers setting up in Dubai, the city is also home to premier lifestyle brands anchoring their properties in the city, namely Armani Hotel, Palazzo Versace, among others.

    This particular resort sits on a seahorse-shaped island in Jumeira Bay, and offers a range of beautiful venues to choose from. The Bulgari Ballroom is one, located in the Yacht Club – a first of its kind for the brand. The ballroom offers expansive seaside views from its floor to ceiling windows. The property is also home to La Limonaia, a ‘lemon garden’ that provides flowers for weddings or events.

    The hotel will create bespoke packages for each guest, and the space can be rented for both daytime and evening events.

    ved

    Burj Al Arab Jumeirah

    For those looking for an especially luxurious and bespoke experience, there is the unparalleled 7-star Burj Al Arab.

    Couples can hold their ceremony on a helipad – 212 metres above the azure Arabian Gulf amidst killer views, or on the private beach with the iconic sail-shaped structure as their backdrop. The resort also has an outdoor terrace and a grand ballroom to choose from.

    ‘Dubai makes even luxury travel affordable’ as Gulf city welcomes record tourists.

    ccd

    Dubai Opera, Downtown Dubai

    This stunning building in the heart of the city has fast become a landmark venue, making for an exceptional backdrop for a private event.

    The 2,000-seat performance arts center also has access to musical ensembles including an all-female orchestra should one require it.

    The rooftop garden makes the most of Downtown’s views and is a great choice for pictures. Also available are the outdoor promenade as well as the indoor studio, overlooking the plaza.

    vc

    Jumeirah Al Qasr

    This luxury hotel located in Madinat Jumeirah provides a peaceful respite overlooking oasis and waterways.

    Built like a grand Arabian palace, the property offers eight venues to choose from, including ballrooms, private beaches as well as planning services for the event.

     

    yu7



    Source link

  • Dubai-Guangzhou Emirates Flight Diverted To Delhi Due to Medical Emergency

    Dubai-Guangzhou Emirates Flight Diverted To Delhi Due to Medical Emergency



    After emergency landing at Delhi’s Indira Gandhi International Airport, the passenger in need of medical attention was off-loaded while the flight continued its journey.



    Source link

  • Recharge, Rejuvenate and Experience The Best Of Wellness Experiences In Dubai – News18

    Recharge, Rejuvenate and Experience The Best Of Wellness Experiences In Dubai – News18


    Dubai has embraced wellness as an integral part of its travel offerings, with hotels and resorts seamlessly integrating state-of-the-art spas, fitness centers, and holistic wellness programs to their facilities

    From rejuvenating spa treatments to serene yoga retreats in magical locations, Dubai offers retreats where visitors can unwind and restore balance to their lives

    Wellness retreats continue to soar in popularity with travelers prioritizing their physical and mental wellbeing while they make the most of their break. Dubai has embraced wellness as an integral part of its travel offerings, with hotels and resorts seamlessly integrating state-of-the-art spas, fitness centers, and holistic wellness programs to their facilities. From rejuvenating spa treatments to serene yoga retreats in magical locations, Dubai offers a sanctuary where visitors can unwind and restore balance to their lives.

    Here are some of the must-visit wellness retreats in Dubai that are sure to being in a sense of zen to your well-deserved getaway:

     

    The Bvlgari Spa

    The Bvlgari Spa, nestled within the exquisite Bvlgari Resort, invites wellness enthusiasts to embark on a journey of tranquillity and rejuvenation in Dubai. This oasis of serenity offers an array of indulgent therapies, including the famed three-hour Royal Lulur treatment, catering to couples seeking a complete retreat. Visitors can immerse themselves in this regal treatment within the spa suite with the experience commencing with a foot ritual and a skin-revitalising lulur scrub, combining rice powder and spices. The serene ambiance continues with a full-body algae mask to refine the skin, while a cleansing facial provides a radiant glow. With its state-of-the-art facilities, skilled therapists, and a range of rejuvenating treatments, The Bvlgari Spa ensures a holistic wellness experience that promotes physical and mental wellbeing

    Talise Ottoman Spa at Jumeirah Zabeel Saray

    Talise Ottoman Spa at Jumeirah Zabeel Saray represents a luxurious sanctuary nestled within the Jumeirah Zabeel Saray resort. This lavish spa combines traditional Turkish influences with modern wellness practices, presenting an array of holistic treatments, hammam rituals, and relaxation therapies. Guests can immerse themselves in a world of serenity, indulging in the spa’s decadent facilities and enjoying rejuvenating experiences that leave them feeling refreshed and revitalised.

    Samadhi Wellness

    Samadhi Wellness represents a holistic wellness retreat nestled close to the Jumeirah neighbourhood. This sanctuary offers a range of wellness programs, including yoga retreats, meditation sessions, and holistic healing therapies. Visitors can immerse themselves in the peaceful surroundings, engage in wellness activities, and rejuvenate their mind, body, and spirit.

    Al Qudra Lakes

    Al Qudra Lakes, located in the heart of the desert, acts as an oasis providing a serene escape from the city. This picturesque destination offers a peaceful setting for outdoor activities such as walking, cycling, and birdwatching. Visitors can connect with nature, unwind in the calming presence of the lakes, and relax amidst the tranquil surroundings.

    Paus DXB

    Paus DXB embodies a wellness space focusing on mindfulness, relaxation, and self-care. This urban retreat offers a variety of wellness services, including yoga classes, meditation workshops, and holistic therapies. Visitors can unwind, recharge, and find inner balance in the midst of Dubai’s bustling cityscape.

    AURA Skypool

    AURA Skypool, the world’s highest 360° infinity pool, crowns the cityscape of Dubai, creating a rooftop oasis that seamlessly blends wellness and opulence. Set high above the metropolis, this exclusive pool offers unrivalled panoramic views of the iconic skyline. Guests are invited to immerse themselves in the pool’s invigorating waters, unwind on plush loungers, and indulge in a serene escape from the vibrant city below. In addition to its stunning setting, AURA Skypool caters to holistic wellbeing by offering morning and sunset yoga sessions, allowing guests to harmonise mind, body, and soul against the backdrop of the city’s captivating skyline.

    swati
    Swati Chaturvedi

    Swati Chaturvedi loves to write about everything lifestyle. From food to travel to decor and relationships, this is her jam!…Read More



    Source link

  • Air India Cockpit Incident: DGCA Orders To Deroster Entire Crew Of Dubai-Delhi Flight

    Air India Cockpit Incident: DGCA Orders To Deroster Entire Crew Of Dubai-Delhi Flight


    Nearly two months after an Air India pilot allowed a female friend into the cockpit during a Dubai-Delhi flight, aviation watchdog DGCA has directed the airline to deroster the entire crew till investigations are complete, according to a senior official. A cabin crew member of the flight had filed a complaint with the Directorate General of Civil Aviation (DGCA) about the pilot allowing a female friend into the cockpit. The incident had happened on February 27.

    On the condition of anonymity, the official at the Directorate General of Civil Aviation (DGCA) said though prima-facie, the cabin crew seems to have no role in the incident, the entire crew of the flight has been derostered pending investigations.

    There is an allegation, which is being investigated and the principle of natural justice will apply, and the pilot concerned will also be given an opportunity to present his case, the official said on Wednesday.

    The official also said the pilot will remain grounded till a final decision in the matter is taken by the regulator.

    While there was no immediate comment from Air India on the latest development, the airline, on April 21, said it had taken a serious note of the reported incident and that investigations were underway.

    Unauthorised people are not allowed to enter the cockpit and any such entry could be in violation of norms.





    Source link

  • Watch: Cargolux Boeing 747 Suffers Engine Damage While Landing, Lands Safely In Second Attempt

    Watch: Cargolux Boeing 747 Suffers Engine Damage While Landing, Lands Safely In Second Attempt


    A Cargolux aircraft flying from Dubai Al Maktoum International Airport to Luxembourg Findel Airport got in a minor accident at its destination airport. The plane sustained damages after one of its engines touched the runway during the landing. Noticing the incident, the pilot initiated a go-around and landed the aircraft safely, avoiding a major accident. It is to be noted that the aircraft in the incident is a Boeing 747-400F.

    The incident with flight CV-7545 occurred on April 15th after the plane completed its flight from Luxembourg to Dubai. As per reports, after the plane scratched the runway, the pilot aborted the landing to try again. Before attempting another landing, the pilot reached 4,000 feet. The second attempt was successfully completed at around 18:45.

    Also read: Watch: Scary Turbulence Captured On Camera As Drinks Spill Inside Flight Cabin

    Many people on the airport premises witnessed the incident, and the video of the plane sustaining the damage was shared on social media platforms. In the video, the plane’s left wing can be seen bending while the aircraft’s engine grazes the ground. Realising the problem, the pilot can be seen aborting the landing.

    As per Simple Flying’s report, no personnel present on the ground or on the plane was injured in the incident.

    According to Flightradar24, the 14-year-old Boeing 747-400F(ER) with the registration LX-ECV was originally flying from Luxembourg to Taipei on a return flight when the aeroplane was diverted to Dubai before continuing to Europe. Furthermore, the aircraft still needs to register for another flight after the incident. The aircraft will be allowed to take a flight once the technical team clears the Boeing plane. 

    Cargolux, one of the biggest cargo carriers in the world, maintains a fleet of 30 Boeing 747 aeroplanes and takes advantage of its strategic location in Europe between Germany, France, and Belgium to offer its cargo services to customers around the globe.

    The cargo airline operates out of Luxembourg’s Findel Airport and travels to 90 different countries. Cargolux Italia, one of its subsidiaries, flies out of Milan Malpensa Airport (MXP) the majority of the time. It runs an extensive trucking network to more than 250 locations throughout the world in addition to its aviation operations.





    Source link

  • Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&

    Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&


    Careem’s super app

    Courtesy of Careem

    DUBAI, United Arab Emirates — Uber-owned ride-hailing service Careem announced Monday a spinout with major backing from a new source, as well as from its parent company.

    Abu Dhabi-based tech holding company e&, formerly Etisalat, signed a binding agreement with Uber Technologies to acquire a 50.03% majority stake in the spinout — which will be known as Careem Technologies — with a $400 million investment.

    Careem’s ride-hailing business remains fully owned by Uber, which acquired it for $3.1 billion in 2019. Uber’s stake in the spinout is currently undisclosed.

    Careem Technologies will focus on the growth of the company’s “super app,” which offers dozens of services beyond ride-hailing in one app. Some of those services include Careem Quik grocery delivery in 15 minutes or less, food delivery, PCR test booking, digital payments and remittances transfers, bicycle rentals, laundry and cleaning services, and event ticket booking.

    “The non-ride services that are Careem-owned and operated today will be owned and operated by Careem Technologies in the future,” a spokesperson for Careem told CNBC. Services offered by third-party partners, like laundry service Washmen or events marketplace Tikety, will remain operated by those third parties.

    Careem has emphasized Uber’s enduring role in the new entity. “Uber will continue to have a shareholding in the spinout, but the spinout will be independent with a different ownership structure,” the spokesperson said.

    Asked why the creation of an independent entity was needed, the spokesperson explained that Uber being a publicly listed company meant that there were restrictions on how new investment could come in.

    “It wasn’t necessarily that we felt a spinout was required in any way, and I think Uber’s continued ownership stake in the spinout is a testament to their continued belief in the Super App vision and desire to be part of this journey,” he said. “But ultimately, I think, with Uber being a publicly listed company, there are only so many ways you can take new investment from a new party.”

    With the nearly half billion dollar investment and majority stake in Careem Technologies from e& as well as ongoing support from Uber, Careem says it’s confident about the growth of its super app goals going forward.

    “I am thrilled to partner with Careem, and welcome e&, as we grow the Careem super app to deliver more services to millions of people in this fast-moving part of the world,” Uber CEO Dara Khosrowshahi said in a statement.

    Careem operates in over 80 cities and 10 countries, according to its website. Established in 2012 in Dubai by co-founders Mudassir Sheikha and Magnus Olsson, the company grew from a Dubai-based ride sharing firm to a “Super App” platform, used across the Middle East from Morocco to Pakistan.

    The Careem ride-hailing app on a phone outside the Mall of the Emirates in Dubai, United Arab Emirate.

    Christopher Pike | Bloomberg | Getty Images

    For e&, the investment is part of a broader strategy to expand from what was formerly a telecommunications company to a larger global technology and investments group. e& CEO Hatem Dowidar told CNBC in March 2022 that telcos, including e& predecessor Etisalat, “need to move out of the traditional telco model and move up the value chain.”

    “We saw how the tech giants grew. We look now at their market caps and the returns they offer, and we feel jealous,” Dowidar said at the time.

    Holding a majority stake in Careem Technologies appears to be in line with the company’s aim to increase and scale its consumer digital offerings.

    “e& is investing $400m to become a majority shareholder in Careem’s Super App alongside Uber and all three of Careem’s co-founders,” a statement from e& said. The investment will significantly accelerate Careem’s goal to create “the first ‘everything app’ for customers across the Middle East,” the firm wrote.

    Dubai-based Careem “expects significant synergies with e& and anticipates benefiting from e&’s large customer base” as well as its experience scaling tech businesses across a geographic area that both companies share, it added.



    Source link

  • Dubai: Adani to hold fixed-income road shows in London, Dubai, US – Times of India

    Dubai: Adani to hold fixed-income road shows in London, Dubai, US – Times of India



    DUBAI: The Adani Group will hold fixed-income road shows this month in London, Dubai, and several cities in the United States, according to a document seen by Reuters, as the conglomerate tries to muster up confidence drained by a US short-seller report.
    Adani group management, including group Chief Financial Officer Jugeshinder Singh, will attend the road shows which will run between March 7 to March 15, the document showed.
    Adani did not immediately respond to Reuters’ request for comment.





    Source link

  • An Ultimate Guide For Pampering Yourself In Dubai on International Women’s Day

    An Ultimate Guide For Pampering Yourself In Dubai on International Women’s Day


    Float at 4,000 feet with your girlfriends and overlook the beautiful and seemingly endless Arabian desert

    International Women’s Day is the perfect opportunity for you and your girlfriends to finally plan that trip to Dubai that you wanted to take but couldn’t

    Every now and then some unadulterated fun with your girls is a must! And what better time is there to celebrate those friendships than on a special day? International Women’s Day is the perfect opportunity for you and your girlfriends to finally plan that trip that you wanted to take but couldn’t. Whether you’re looking for a relaxing day or the ultimate shopping experience, the City of Gold – Dubai has got you covered.

    Dubai offers an array of extraordinary experiences, and there is something for everyone. We have rounded up below the top 5 things to do in Dubai to make this International Women’s Day an unforgettable one for you and your girls.

    Up above, in the sky

    What better way to begin your day than with a heavenly aerial view of the stunning sand dunes and camels with the most important women in your life! Float at 4,000 feet with your girlfriends and overlook the beautiful and seemingly endless Arabian desert. Balloon Adventures Dubai provides memorable and luxurious hot air balloon flights over the red sands while sharing the skies with majestic falcons.

    Drool-worthy breakfast at 21 Grams

    Your morning is incomplete without a delicious and satiating breakfast at 21 Grams, Jumeirah Street. Delicious Balkan breakfast made with seasonal ingredients will undoubtedly leave you and your girlfriends wanting more. Creamy polenta or an omelette butter roll with your order of sunny-side-up eggs is highly recommended along side the perfectly curated breakfast that are inspired by age-old family recipes.

    Ultimate retail therapy

    The Dubai shopping scene is dominated by gigantic and luxurious malls, where you ladies can shop till you drop at the world’s largest themed shopping centre, the Ibn Battuta Mall. Inspired by the famous explorer of the same name, this shopping centre has 275 retailers across six courts, each reflecting the different regions Ibn Battuta traversed- Andalusia, Tunisia, Egypt, Persia, India and China. This mall has shopping, dining and entertainment rolled in one, making it the perfect place to have a fun filled International Women’s Day.

    Relax and Rejuvenate at Sensasia Spa

    Since you have already pampered yourself by shopping your heart out, visiting a spa will only make it better. With a dire need for unwinding, it’s time for immersing into a luxurious spa treatment at Sensasia Spa at The Village Mall, Jumeirah and the Emirates Golf Club. It offers an array of spa packages like The Urban Repair, Bee My Honey, The Luxe Coco Ritual and many more that will certainly give you and your girls the pampering you deserve.

    Dance the night away at Caña by Tamoka

    It’s time to dance the night away. After the sun’s gone down, make your way up to the restaurant, Tamoka, offering an unparalleled view of Ain Dubai. Perched right on the sandcastle-laden shore of the prime JBR beachfront, is Caña by Tamoka. This beach bar has its own DJ making it the perfect place to end this perfect day.

    Read all the Latest Lifestyle News here

    Lifestyle Desk

    Our life needs a bit of style to get the perfect zing in the daily routine. News18 Lifestyle is one-stop destination for everything you need to know a…Read More



    Source link