The Emirates Group welcomed over 105,000 new members of staff, increasing its workforce by 2 per cent.
This comes despite a 44 per cent decrease in profit across the whole group in the 2018-2019 financial year.
According to the report released on Thursday, Emirates Airline recorded a 6 per cent increase in revenue but a 69 per cent drop in profit.
Dnata, on the other hand, saw a 10 per cent increase in revenue with its international business accounting for 70 per cent of that.
US and EU avert trade war with 15% tariff deal
The US struck a framework trade agreement with the European Union on Sunday, imposing a 15 per cent import tariff on most EU goods - half the threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global trade.
Dubai's financial centre registrations rise 32% in first half
The Dubai International Financial Center (DIFC) said Monday that company registrations grew 32 per cent in the first half of the year as the financial hub welcomed 1,081 new companies, including asset management firms, hedge funds and family offices.
ENEC–Westinghouse pact to advance nuclear energy deployment in US
The Emirates Nuclear Energy Company (ENEC) and Westinghouse Electric have signed an agreement focused on deploying advanced nuclear energy solutions in the United States.
India-UK trade deal signals Modi's priorities as New Delhi eyes EU, US pacts
India's trade deal with Britain is a sign of New Delhi's new gradual shift to opening up its markets while shielding crucial sectors from competition and could be its template for future agreements, government officials and analysts said on Friday.
OTPs to be replaced with authentications through UAE bank apps
Starting Friday, banks in the UAE will start phasing out the use of one-time passwords (OTPs) sent via SMS or email for all electronic and financial transactions, including both domestic and international transfers, to boost digital security.Â
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Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
