Emirates, the world’s largest international airline, is expanding its operations in Eastern China by launching a daily non-stop service between Dubai and Hangzhou. The new flight route will commence on July 30, providing travelers with enhanced connectivity to this major Chinese city. The addition of the Dubai-Hangzhou route is part of Emirates’ strategy to increase...
His Highness Ahmed bin Saeed Al Maktoum has approved an expansion plan for the Rochester Institute of Technology (RIT) Dubai Campus, with an investment of AED313 million. This initiative, located at Dubai Silicon Oasis, aims to enhance educational facilities and contribute to the development of the local workforce. Credit: Government of Dubai Media Office In...
Korra Energi, an Egyptian energy solutions firm, is set to use nearly 70% of the proceeds from its upcoming initial public offering (IPO) on the Egyptian Stock Exchange to enhance its capital and finance expansion projects. The company’s Chairman, Ayman Korra, shared these details in an interview with Zawya. Initially, Korra Energi planned to offer...
Vinsmera Group, a global jewellery enterprise led by the Kambrath brothers—Dinesh Kambrath, Anil Kambrath, Manoj Kambrath, and Krishnan Kambrath—has announced a significant investment of ₹2,000 crore (Rs20 billion) over the next two years. This funding will be used to establish a premium jewellery retail chain and advanced manufacturing units in both the UAE and India....
UAE technology investment company MGX, alongside US private equity firm Silver Lake, has secured a minority stake in Dubai-based Khazna Data Centers. This investment marks a significant move in the data center industry, aimed at enhancing Khazna’s growth and technological capabilities. Following this transaction, UAE telecommunications company e&—previously known as Etisalat—has sold its 40 percent...
Emirates Airlines has announced the addition of seven new destinations to its network, facilitated by the deployment of its Airbus A350 aircraft. This expansion will enhance the airline’s short- and medium-haul services across the Middle East, GCC, and Europe. Notably, this marks the first time Emirates will operate the A350 in Africa and Southeast Asia....