Nakheel unveils final phase of Bay Grove Residences on Dubai Islands
A visionary waterfront destination, Dubai Islands is a premium location that aligns with the Dubai 2040 Urban Master Plan, featuring open spaces, parks, and golf courses overlooking the Arabian Gulf. The Dubai Islands comprise five islands covering a total area of 18.6 square kilometres and boast over 20 kilometres of beaches, offering waterfront living, opulent resorts, and cultural hubs within a short distance of Downtown Dubai, Dubai International Airport, and marine ports.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
2 hours ago
- Al Bawaba
flydubai strengthens strategic growth with 12 new aircraft deliveries in 2025
flydubai has taken delivery of seven new aircraft so far in 2025, with a further five Boeing 737 MAX 8s scheduled to join its fleet before the end of the year. These additions form an integral part of the airline's strategic growth plans, enabling the continued expansion of its network, enhancing operational efficiency and increasing capacity on existing seven new aircraft, received between April and August 2025, have seen the flydubai fleet grow to 93 aircraft. Once all 12 aircraft have been delivered this year, flydubai's fleet will stand at more than 95 aircraft, supporting the carrier's growing network of more than 135 destinations in 57 countries. This expansion continues to open up underserved markets, creating more travel opportunities and further strengthening Dubai's position as a leading global aviation Al Ghaith, Chief Executive Officer at flydubai, said: 'The arrival of these new aircraft is a testament to our long-term strategic vision and our confidence in the future of air travel. Our fleet investment supports our mission to offer greater choice, enhanced convenience and improved connectivity for our passengers. These deliveries are part of a backlog extensively delayed in recent years, and despite receiving 12 aircraft this year, we remain 20 aircraft behind our original projections.''The continued interest from our financing partners highlights the strength of our business model and our commitment to contributing to the UAE's leadership in global aviation. Looking ahead, these aircraft will enable us to unlock new destinations, optimise our operations and play an even greater role in supporting Dubai's growth as an international aviation hub,' added Al favourable response to the airline's financing Request for Proposals (RFPs) and its ability to secure competitive financing for these deliveries reflect the strong confidence that global financial institutions and lessors have in flydubai's robust business model and its future growth prospects. The positive appetite from the market underscores the airline's resilience and its role as a key driver in the UAE's aviation sector. Financing for the first seven aircraft received this year has been secured under Islamic financing from Abu Dhabi Islamic Bank (ADIB), conventional debt financing from The National Bank of Ras Al Khaimah (RAKBANK), as well as sale and leaseback transactions with JP Lease Products & Services Co., Ltd (JLPS) and JLPS Ireland parallel with its growing fleet, flydubai continues to expand its network and has added 11 new destinations this year, including seasonal summer destinations Antalya and Al Alamein, as well as Damascus and Peshawar. The carrier is also set to welcome four new destinations in Europe, including Chișinău and Iași from September and Vilnius and Riga from December, further strengthening its presence in the region and providing passengers with greater choice and its aircraft deliveries, flydubai has continued to invest in enhancing the customer experience and driving innovation. Since the beginning of 2024, 23 Next-Generation Boeing 737-800s have undergone a full cabin retrofit as part of the carrier's multimillion dollar retrofit programme which will continue into 2026. The new onboard cabin interior features flydubai's flagship lie-flat seats in Business Class as well as exceptional inflight entertainment in Economy Class, ensuring a consistent and enhanced travel experience across the fleet. To support the ongoing strategic growth plans, flydubai's ongoing recruitment drive has grown its workforce to more than 6,500 employees across different functions, a 10% increase in the number of employees compared to 2024. The airline has also launched its new Ab Initio Pilot Training Programme (MPL) to shape students into future pilots, who will play a key role in supporting the airline's ambitious growth plans.
Jordan Times
14 hours ago
- Jordan Times
Jordan records $4.4B in tourism revenue, attracts 4m tourists in first 7 months of 2025
AMMAN — Jordan's tourism sector generated $4.4 billion in revenue during the first seven months of 2025, marking an 8.6 per cent increase compared with the same period in 2024, according to preliminary figures from the Central Bank of Jordan (CBJ). The growth came despite a 5.6 per cent decline in July's income, which stood at $721.4 million, according to a CBJ statement. Revenues from Asian markets recorded the highest growth at 41.1 per cent, followed by European visitors at 33.8 per cent, Americans at 21.7 per cent, and Arab tourists at 7.3 per cent. Earnings from other nationalities increased by 38 per cent, while returns from Jordanian expatriates fell by 2.5 per cent. Outbound tourism spending also rose, with Jordanians spending $1.25 billion on travel abroad between January and July, up 4 per cent from last year. Spending in July alone increased by 7 per cent to $247.4 million. The number of tourists visiting Jordan in the first seven months of 2025 surged by 15.6 per cent compared with the same period last year, according to data from the Ministry of Tourism and Antiquities. The figures, cited by Al Mamlaka TV, said that nearly 4 million visitors arrived in Jordan during this period, up from 3.4 million in the first seven months of 2024. Arab nationals accounted for the largest share, with close to 2 million visitors, followed by Europeans at 500,000 and Asian tourists at 150,000. Industry stakeholders said the results highlight both the sector's resilience and its challenges. 'We are seeing a notable increase in visitors from Asia and Europe, drawn to destinations like Petra and Wadi Rum,' said Hani Kareem, an employee at an Amman-based tourism agency. 'Improved flight connectivity and targeted marketing have helped, but the July dip is a reminder of tourism's seasonal fluctuations.' In the hospitality sector, the gains have led to higher occupancy rates but also operational pressures. 'This summer has been relatively strong, particularly in Aqaba and the Dead Sea,' said Rabei Bashar, operations manager at a luxury hotel and resort. 'However, with more Jordanians travelling abroad, we need to step up efforts to make domestic tourism appealing.' Economists note that while increased inbound tourism supports foreign currency reserves and job creation, the parallel growth in outbound spending reduces the net economic impact. Despite the mixed indicators, sector representatives said the performance so far in 2025 reflects Jordan's ability to remain competitive and adapt to changing market trends.
Jordan Times
15 hours ago
- Jordan Times
Electronic wallet transfers in Jordan reach JD3.56b in seven months — JoPACC
AMMAN () — The total value of money transfers made through electronic wallets in Jordan reached around JD3.56 billion since the beginning of this year through the end of July, according to the Jordanian Payment and Clearing Systems Company (JoPACC). These transfers were carried out over 51.94 million transactions, according to a statement by JoPACC on Wednesday. In July alone, electronic wallet transfers amounted to around JD588 million, marking a 12.1 per cent increase compared to June's JD525 million. The number of transactions also rose significantly, reaching 9.15 million in July, a 14.6 per cent increase from June's JD7.99 million, JoPACC said. The JoPACC's latest monthly report revealed that the number of electronic wallet users in Jordan stood at 2.63 million by the end of July, representing a "slight" decline of 1.5 per cent from June. Jordanians constitute 87.8 per cent of users, numbering about 2.31 million, while non-Jordanians make up 12.2 per cent, or roughly 320,000 users, it said. The company saidthat that money transfers dominate electronic wallet activity, accounting for 88.8 per cent of all transactions. Purchases represent 7.8 per cent, cash withdrawals 2 per cent, and deposits 1.4 per cent.
