United Arab Emirates
The world’s first airport to require biometric boarding is set to arrive in 2025
A woman tests Vueling’s new biometric recognition system at El Prat airport, January 19, 2023, in El Prat de Llobregat, Barcelona, Catalonia, Spain. David Zorrakino | Europa Press | Getty Images As end-of-summer travel lines back up at TSA airport checkpoints in the U.S., one overseas airport is going all-in on a biometric passenger experience. […]
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As riots and disorder spread, some countries warn their citizens not to travel to the UK
Riot police officers push back anti-migration protesters outside on Aug. 4, 2024 in Rotherham, U.K. Christopher Furlong | Getty Images News | Getty Images Five countries have now issued travel and safety warnings to their citizens living or visiting the U.K. as riots and street disorder continue to plague the country. The United Arab Emirates, […]
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Dubai set to welcome even more millionaires as wealthy individuals abandon the UK
Aerial view of cityscape and skyscraper at sunset in Dubai Marina. Lu Shaoji | Moment | Getty Images The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report. At the same time, the U.K. – already the source […]
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U.S. provides six businesses to trade restriction checklist, four for instruction China’s navy
The United States added 6 providers to its trade restriction checklist on Tuesday, which includes four for their back links to the teaching of China’s army forces, in accordance to a government publishing. Johannes Eisele | AFP | Getty Visuals The United States added six companies to its trade restriction list on Tuesday, including four for their inbound links to the training of China’s military forces, according to a […]
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Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion
A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023. Jakub Porzycki | Nurphoto | Getty Images DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion that will cost an […]
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The super-rich are moving cash to one city, wealth manager says, revealing how they’re investing
The growth prospects of countries like India and South Korea have seen many investors and big-name banks turn bullish on emerging markets this year. One wealth manager, however, said his super-rich clients are focused elsewhere. “A lot of wealth, especially from ultra-high-net-worth individuals, is moving to Dubai,” Dhruba Jyoti Sengupta, CEO of Wrise Private Middle […]
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Airways headed for history profits in 2024 as travel soars, but financial gain margins continue to be skinny
The Intercontinental Air Transport Association (IATA) elevated its income forecast for the airline sector in 2024 and predicts a file income of $996 billion. Nurphoto | Getty Images DUBAI, United Arab Emirates — The Worldwide Air Transport Association lifted its earnings forecast for the airline marketplace in 2024 and predicts profits of $996 billion — […]
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Dubai bling: Billions of dollars worth of African gold is being smuggled into the UAE each year, research finds
A worker lifts a gold bullion bar from a conveyor machine at the Rand Refinery plant in Germiston, South Africa, on Aug. 16. 2017. Waldo Swiegers | Bloomberg | Getty Images DUBAI, United Arab Emirates — Each year, as much as $35 billion worth of gold produced by artisanal and small-scale mining in Africa — […]
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Emirates airline chalks record yearly income as travel need booms
An Emirates Airlines airplane Karim Sahib | AFP | Getty Pictures DUBAI, United Arab Emirates — Dubai-centered provider Emirates airline on Monday reported report yearly income of 17.2 billion dirhams ($4.7 billion) for the 2023-2024 monetary 12 months, up 63% from the yr prior. The flag carrying airline of the UAE’s glitzy business funds has […]
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Emirates’ chairman has a information for Boeing: ‘Get your act together’
DUBAI, United Arab Emirates — 1 of Boeing’s largest prospects issued a simply call to action to its new management staff, expressing annoyance with the basic safety disaster going through the American planemaker and the consequent delays in buy deliveries. “We’re not content really with what’s likely on, we always definitely preferred to see this […]
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