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Dubai is set for a vibrant summer with a packed events calendar, including the inaugural Great Summer Sale and the beloved Dubai Summer Surprises. The city reported a 7% increase in visitor numbers in early 2025, with over 153,000 hotel rooms available to accommodate tourists. Events like the Dubai Comedy Festival and the Dubai 30x30 initiative highlight the city's commitment to diverse experiences, while the hotel sector anticipates strong occupancy rates, projected to reach around 80% in 2025.
Wizz Air faces significant challenges due to ongoing engine issues, with 42 aircraft grounded and a projected operating profit drop of 61.7% for the financial year ending March 31. Despite these setbacks, the airline plans to add 50 new aircraft while managing its financial position and aiming for a more resilient future. The CEO remains optimistic about reducing grounded aircraft and enhancing market share as new deliveries from Airbus are expected.
Paul Dawalibi has been appointed as the new CEO of RAK Digital Assets Oasis, aiming to establish an innovation hub in Ras Al Khaimah that rivals Silicon Valley. He emphasizes creating a unique environment focused on technology and innovation, moving beyond traditional free zone offerings. Outgoing CEO Dr. Al Ansari praised Dawalibi as a "global icon," highlighting his leadership as vital for the next growth phase of RAK DAO.
The UAE Central Bank has imposed a Dh3.5 million fine on an exchange house for regulatory violations, highlighting its commitment to maintaining the stability and security of the financial sector through regular examinations of institutions. Dhanusha, a Chief Reporter at Gulf News, specializes in aviation, covering the latest trends and technologies in the industry, including eVTOLs and flying cars. With nearly two decades of experience, she also explores social media trends and tech innovations, while enjoying electronic dance music and pop culture in her free time.
Emirates Flight Catering has announced a Dh60 million investment in 92 new electric catering trucks, enhancing operational efficiency at Dubai airport. The Volvo FL 250 4X2 Euro 6 trucks will feature advanced sensors and contribute to reduced emissions, marking a significant step in the modernization of airport operations in the region. CEO Shahreyar Nawabi emphasized the investment's role in meeting growing demand and strengthening partnerships with airlines.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Dubai prepares for busy summer with packed events and rising visitor numbers
17:22 10.06.2025
wizz air faces engine troubles as profits decline and growth slows
12:35 09.06.2025
gaming veteran paul dawalibi appointed ceo of rak digital assets oasis
11:36 03.06.2025
UAE Central Bank imposes Dh3.5 million fine on exchange house for violations
10:23 02.06.2025
Emirates Flight Catering invests in electric trucks to enhance airport operations
16:25 29.05.2025
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