DAE expands portfolio with US$1 billion next-gen aircraft deal
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...
Month : April 2025
Emirates and flydubai expand joint network to 240 destinations
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...
European defence industry programme gains parliamentary approval
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...
Trump pressures Fed to cut rates amid tariff fallout
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...
Malnutrition in Ethiopia hits emergency levels
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...
Etihad expands African operations with new routes and partnerships
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....
Moscow’s major film festival returns this April
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...
Egypt slashes benchmark interest rates in April 2025 decision
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...
Middle East to benefit from air cargo boom
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...
EU illegal migration numbers drop by 34,000 in Q1
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...