Dubai Aerospace Enterprise (DAE) reported a net profit of US$85.8 million for the first quarter of 2025, representing a 26.5% increase from the US$67.8 million recorded during the same period in 2024. The company also...
Month : April 2025
Emirates and flydubai have jointly carried over five million passengers in 2024, marking a significant 36 percent increase compared to the previous year. The achievement highlights the success of their strategic partnership, which has been...
The European Parliament has taken a decisive step toward reinforcing the European Union’s defence capabilities by endorsing a draft law aimed at enhancing the bloc’s defence industry. On Thursday, members of the European Parliament (MEPs)...
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for delaying interest rate cuts. Trump's comments, made both online and...
The World Food Programme (WFP) has issued a warning that hunger and malnutrition levels are rapidly worsening across Ethiopia, where more than 10 million people are currently experiencing acute food insecurity. This includes approximately 3...
Etihad Airways has announced a major expansion of its African operations, significantly increasing flight frequencies and introducing new routes to key destinations across the continent. The move comes as part of a broader strategy to...
The 47th edition of the Moscow International Film Festival (MIFF) commenced on Thursday in the Russian capital, opening a week-long program that will spotlight 200 films representing 50 countries and regions. The festival, one of...
The Central Bank of Egypt (CBE) announced on April 17, 2025, that it has reduced key interest rates by 225 basis points. The decision was made during a meeting of the CBE’s Monetary Policy Committee...
The global air cargo sector is projected to grow by 5.5 percent in 2025, according to the International Air Transport Association (IATA), outpacing the anticipated global GDP growth despite persistent economic and geopolitical uncertainties. Brendan...
The number of illegal border crossings into Europe fell by more than 30 percent during the first quarter of 2025 compared to the same period in 2024, amounting to a reduction of nearly 34,000 individuals,...