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Dubai to achieve tourism goals as city welcomes 7.12 million visitors

07 Aug 2022

Dubai attracted 7.12 million international overnight visitors between January and June 2022, recording more than 183% growth in visitors compared to the 2.52 million tourists who visited Dubai during the...

Abu Dhabi-based airline launches competition with free tickets to an unknown destination

25 Jul 2022

Gulf Today, Staff Reporter Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, on Monday launched the ‘#GetLostwithWizz’ competition in the UAE. This unique competition encourages travellers...

Fed set for another big rate hike with economy on knife’s edge

24 Jul 2022

US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still keeping the economy growing, though they have made it clear they are...

No major policy change expected at OPEC+ meet

30 Jun 2022

Opec and Opec+ began two days of meetings on Wednesday with sources saying a big policy change was unlikely this month. At its last gathering in...

Dubai cancels fees levied on airline offices and agents

27 Jun 2022

Gulf Today, Staff Reporter Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Chairman of The Executive Council of Dubai, has issued Resolution No.(32) of 2022 cancelling the fees imposed on...

UAE a trendsetting country in cryptocurrency regulation: European academic

25 Jun 2022

The UAE, Japan and Singapore have emerged as the trendsetters in regulating the crypto-currency market effectively, according to a top European academic. "As crypto assets are moving into the...

Hundreds stranded after ransomware attack on Indian airline

26 May 2022

Hundreds of Indian air travellers were stranded inside their planes after the low-cost airline SpiceJet cancelled or delayed flights due to an "attempted ransomware attack", the company has said. ...

Airline compensates a passenger after apologising for selling him ticket

18 May 2022

Aya El Deeb, Staff Reporter The Abu Dhabi Court for Family and Civil and Administrative Cases obligated an airline to pay 4,150 points or its equivalent in UAE dirhams to...

Musk aims to quintuple Twitter’s revenue to $26.4 billion by 2028

07 May 2022

Elon Musk is aiming to increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch...

FDI inflows into UAE up 3.9%, reached Dhs76 billion in 2021

06 Apr 2022

The Foreign Direct Investment (FDI) inflows into the UAE recorded a 3.9 per cent growth in 2021 compared to 2020 to reach nearly Dhs 76 billion ($20.7 billion). As...

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