DUBAI, Nov 13 (Reuters) – Dubai plans to offer 25% of shares in its taxi business through an initial public offering (IPO), the company said in a statement on Monday, as part of a broader privatisation programme of state assets. Dubai Taxi Company, the largest taxi operator in the Gulf city state by market share, …
Dubai to offer 25% stake in taxi business in planned IPO Read More »
British Prime Minister Rishi Sunak is expected to attend. VATICAN CITY, Nov 9 (Reuters) – Pope Francis will have nearly an entire day of bilateral meetings with world leaders attending the COP28 climate conference in Dubai next month, according to a programme released by the Vatican on Thursday. It will be the first time in …
In a first, pope to have day of private meetings with world leaders in Dubai Read More »
The Emirates Group has announced its best-ever six-month financial result. It reported a 2023-24 half-year net profit of US$2.7 billion, a 138 per cent increase over the US$ 1.2 billion it reported in the corresponding period last year. Group revenue stood at US$ 18.3 billion for the first six months of 2023-24, also up 20 …
Emirates Group reports record half-year net profit of US$2.7 billion Read More »
Dubai has achieved another remarkable global milestone by winning the bid to host and organise the 2024 World Cities Culture Summit (WCCS). This is the first time this will be held in the MENA region, taking place from October 30 to November 1, 2024. The announcement was made during a visit by a delegation from …
