Emirates Airline has ordered 70 aircraft from Airbus in a deal worth AED 78.6 billion.
The planes consisting of 40 A330-900 and 30 A350-900 planes will be delivered to the airline in 2021 and 2024 respectively.
Dubai’s flagship carrier and the European aircraft manufacturer also reached an agreement on pending A380 deliveries, with 14 more superjumbos set to arrive in the emirate from this year until 2021.
ARN News reported earlier that Emirates decided not to pursue additional A380 orders.
Commenting on the agreement on A380 deliveries, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, said: "After many months of discussions, we have come to an agreement with Airbus and Rolls-Royce.
"Emirates has been a staunch supporter of the A380 since its very inception. While we are disappointed to have to give up our order, and sad that the programme could not be sustained, we accept that this is the reality of the situation."
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.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has renewed calls for stronger collective action to preserve natural resources for future generations, in a social media post marking National Environment Day on Wednesday.