Emirates Airline President Sir Tim Clark says they are taking a major chunk of its record profits - $2.6 billion for the first half of 2023-24 - and investing it back into the business.
In one of the first major deals at the 2023 Dubai Airshow, Emirates announced an order for 95 Boeing aircraft, costing $52 billion.
These include 55 Boeing 777-9s, 35 777-8s, and five 787s to power its growth plans.
With this latest order, Emirates is also set to be one of the launch customers of the 777-8 passenger variant, with first deliveries expected in 2030.
Speaking to Dubai Eye 103.8's Business Breakfast show, Clark says customers will see benefits in different areas.
Meanwhile, flydubai has placed its first wide-body order for 30 Boeing 787-9s at the Dubai Airshow, diversifying its current fleet of all-Boeing 737 aircraft.
The planes are to be delivered from 2026 and are valued at $11 billion.
Clark also spoke about flydubai's growth and how their plans are great for Dubai.
Flydubai currently operates an efficient single fleet-type of 80 Boeing 737 aircraft and has an order backlog of more than 130 Boeing 737 MAX aircraft to be delivered by 2035.
Cultural and creative industries should be treated as a core pillar of national economic strategy, according to a new report launched by FTI Consulting in partnership with the World Governments Summit.
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
The UAE has pledged $500 million in humanitarian assistance for Sudan, as international efforts continue to address the worsening crisis caused by the country’s ongoing civil war.
Abdoulie Jobe, Minister of Tourism and Culture of The Gambia, has been honoured with the Best Minister Award at the World Governments Summit, for his inspiring work to boost his country's tourism and culture sectors.
The UAE President has renewed calls for stronger collective action to protect the environment and preserve natural resources for future generations, in a social media post marking National Environment Day on Wednesday.