Emirates Airline signed an order to buy 30 new Boeing 787-9 aircraft at the Dubai Airshow on Wednesday.
Earlier this week the Dubai-based airline also confirmed an order for 50 Airbus A350 wide-body jets.
That deal was worth USD 16 billion (AED 58.7 billion).
UAE, Uzbekistan sign digital infrastructure deal
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
TECOM Group profit increases 15% on record high occupancy levels
Dubai's TECOM Group has announced a 15 per cent year-on year (YoY) growth in net profit to AED 293 million for the three month period ended March 31, 2024.
Sony and Apollo submit $26 billion Paramount offer, WSJ reports
Sony Pictures Entertainment (SPE) and Apollo Global Management APO.N have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported.
UAE, Iran expand cooperation in additional sectors
The UAE and Iran have explored ways to expand economic cooperation in sectors such as tourism, transport, entrepreneurship and renewable energy.
Former Binance chief guilty of money laundering
Changpeng Zhao, the former chief executive of Binance has been sentenced to four months in prison after pleading guilty to violating US laws against money laundering at the world's largest cryptocurrency exchange.
The President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received condolences from regional leaders on the death of his uncle, Sheikh Tahnoun bin Mohammed Al Nahyan.
The UAE's "Birds of Goodness" campaign has carried out it's 46th airdrop of humanitarian and relief aid into northern Gaza.
The UAE has stepped up its programme to control the spread of mosquitoes in the country following the recent spells of bad weather.
