Boeing is set to make USD $50 million (AED 183.6 million) in payments to families of the victims of two 737 MAX crashes.
The model, which is Boeing’s best-selling jet, was grounded around the world in March.
It came after an Ethiopian Airlines and Lion Air plane crashed in similar circumstances, killing 346 people in total.
Ken Feinberg, who is a veteran compensation expert, was hired by Boeing to oversee the distribution of funds.
Retailers and government join forces to promote UAE-made products
A nationwide campaign has been launched under the 'Make it in the Emirates' platform to boost the visibility and sales of UAE-made products across major retail and e-commerce channels.
Trump, Starmer hail limited US-UK trade deal, but 10% duties remain
US President Donald Trump and British Prime Minister Keir Starmer on Thursday announced a limited bilateral trade agreement that leaves in place Trump's 10 per cent tariffs on British exports and lowers prohibitive US duties on British car exports.
New urban hub to rise around historic Jebel Ali Racecourse
A new urban development is set to reshape Dubai’s skyline.
Emirates marks record annual profits with 22-week staff bonus
Dubai's Emirates Airline has announced a 22-week salary bonus for its employees to mark its best annual profits in its history, becoming the world’s most profitable airline.
Emirates Group achieves record annual profit of AED 22.7 billion
The Emirates Group has achieved record profit of AED 22.7 billion for 2024-25, with Emirates reporting the best result in its history to become the world’s most profitable airline.
Dubai's Roads and Transport Authority has announced the completion of the final bridge in the Sheikh Rashid Road and Al Mina Street intersection upgrade, marking the end of all phases of the Al Shindagha Corridor Development Project on the Bur Dubai side.
Dubai Police have confiscated 32 jet skis during a major inspection at Fishing Harbour 3, targeting rental companies as part of a wider crackdown on marine safety violations.
Sudanese nationals in the UAE will be exempt from paying outstanding residency or visa fines under a move by the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP) to help them regularise their stay.
