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Oman: Pacts worth $11mln inked for development projects in Al Wusta
Oman: Pacts worth $11mln inked for development projects in Al Wusta

Zawya

time6 days ago

  • Business
  • Zawya

Oman: Pacts worth $11mln inked for development projects in Al Wusta

Muscat – Al Wusta has signed 15 agreements of total value exceeding RO4.3mn for development projects across its wilayats. The agreements were signed by Sheikh Ahmed bin Muslim Jadad al Kathiri, Governor of Al Wusta, with representatives of companies awarded the contracts. The projects include development of the first phase of a residential area in Haima, beautification of a village facade in Al Ajaiz, and construction of parks in the villages of Al Ajaiz and Abu Madabi. Other works in Haima involve setting up an agricultural nursery and installing new light poles. In Mahout, the contracts cover establishment of a central market, the first phase of Wadi al Sail Park, and development of a camel racing platform and track for Mahout and Al Jazir. Other agreements include building a park in the Ghubrah North and Ghubrah South areas of Rima in Al Jazir, maintenance of government buildings across Al Wusta, and provision of technical and administrative support services for the governorate. The projects are part of the governorate's broader strategy to improve infrastructure, enhance civic amenities and support local communities. © Apex Press and Publishing Provided by SyndiGate Media Inc. (

Emirates Group Seeks to Hire More Than 17,000 New Employees
Emirates Group Seeks to Hire More Than 17,000 New Employees

UAE Moments

time22-07-2025

  • Business
  • UAE Moments

Emirates Group Seeks to Hire More Than 17,000 New Employees

The Emirates Group has kicked off a huge global talent drive, aiming to hire 17,300 people this financial year across 350 different roles. This bold move comes as part of the group's next growth phase, covering jobs in every area of Emirates Airline and dnata, a world leader in air and travel services. Join our FREE WhatsApp channel to dive into a world of real-time engagement! From cabin crew and pilots to engineers, sales, IT, HR, and finance, the Group needs hundreds of new recruits. dnata alone is set to hire over 4,000 experts in cargo, catering, and ground handling to meet rising demand. H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline & Group, said this recruitment push aligns with Dubai's Economic Agenda D33 and the Group's expansion plans. He emphasized that Emirates is searching for world-class talent to drive innovation and shape the future of aviation. 'This is a stellar opportunity for skilled professionals to be part of our growth story,' he said. Throughout the year, the Group will host more than 2,100 open days and recruitment events in 150 cities globally. Dubai will also see events focused on UAE national students and graduates, helping fresh talent join the thriving workforce. Since 2022, Emirates Group has welcomed over 41,000 new employees, including nearly 27,000 in key operational roles. Today, the Group boasts a workforce of around 121,000 people. Known as a top employer in the UAE and worldwide, Emirates attracts millions of applications thanks to its strong brand, tax-free salaries, excellent benefits, and renowned training programs. Professionals are also drawn to Dubai for its safety, booming economy, tech-driven environment, forward-thinking policies, and vibrant lifestyle. If you're ready to take your career to new heights, Emirates Group's talent drive could be your gateway to joining one of the world's most respected aviation leaders. Keep an eye out for recruitment events near you and don't miss your chance to be part of this exciting journey.

Emirates Group is hiring 17,300 professionals: Benefits, procedure explained
Emirates Group is hiring 17,300 professionals: Benefits, procedure explained

Gulf Business

time22-07-2025

  • Business
  • Gulf Business

Emirates Group is hiring 17,300 professionals: Benefits, procedure explained

Image credit: Supplied photo The Emirates Group has kicked off a large-scale global talent scouting and acquisition drive as part of its ambitious growth strategy. In the current financial year, the aviation giant plans to onboard 17,300 new employees, roughly the size of a mid-sized town or the seating capacity of 58 Airbus A350 aircraft, across 350 different roles. Read- The new hires will span every facet of Emirates, the world's largest international airline and one of the most profitable, as well as dnata, a leading global air and travel services provider. Hundreds of recruits are needed in key areas such as cabin crew, pilots, engineers, commercial and sales teams, customer service, ground handling, catering, IT, human resources, and finance. dnata alone aims to hire more than 4,000 specialists in cargo, catering, and ground handling, Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, said, 'The Emirates Group's people strategy is anchored in Dubai's Economic Agenda D33 and our own projected growth and expansion. We're seeking world-class talent to fuel our bold ambition, redefine the future of aviation, and continue our commitment to innovation and excellence. This is an opportunity for skilled professionals to play a stellar role in our future and growth story.' Extensive recruitment campaign across 150 cities Throughout the year, the group will host more than 2,100 open days and recruitment events across 150 cities worldwide. These events aim to attract top pilots, IT professionals, engineers, and cabin crew candidates. There will also be several Dubai-based events focused on engaging UAE national students and graduates. Prospective employees have the chance to meet experienced recruiters and long-serving staff who share their passion and knowledge. Since 2022, the Emirates Group has onboarded over 41,000 professionals, including nearly 27,000 in operational roles, contributing to a current workforce of 121,000 employees globally. Emirates Group remains a top employer globally The group has long been an employer of choice both in the UAE and internationally. Last financial year, it received over 3.7 million applications across all its brands and departments. Candidates are attracted by Emirates' strong brand reputation, global presence, people-first policies, tax-free salaries, and extensive benefits packages. The group is also known for its comprehensive training, development, and employee recognition programs. Dubai's appeal as a vibrant lifestyle destination with safety, economic opportunity, and a tech-focused ecosystem further attracts talent worldwide. For Dubai-based employees, Emirates offers benefits such as profit-sharing eligibility, comprehensive medical and life insurance, travel benefits including flight tickets for employees and their families, concessional cargo rates, and membership cards that provide discounts at hundreds of retail, hospitality, and lifestyle outlets. Interested candidates can apply for various roles and stay updated on open days and recruitment events globally by visiting

This $34 Billion Crypto Bet by Dubai's Flagship Airline Could Signal the End of Traditional Travel Payments
This $34 Billion Crypto Bet by Dubai's Flagship Airline Could Signal the End of Traditional Travel Payments

Yahoo

time19-07-2025

  • Business
  • Yahoo

This $34 Billion Crypto Bet by Dubai's Flagship Airline Could Signal the End of Traditional Travel Payments

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Dubai's flagship carrier Emirates has just formalized what could be the biggest crypto-payment partnership in aviation history, according to Arabian Post. The airline inked a strategic alliance with setting the stage for travelers to book flights using digital currencies by next year. But this isn't just about paying for your vacation in Bitcoin—it's a calculated bet on the future of money itself. The Deal That Could Change How We Fly Emirates and signed a memorandum of understanding that goes far beyond simple payment integration. The partnership will embed Pay directly into Emirates' booking systems, creating what industry experts are calling a 'seamless crypto-to-travel pipeline.' The deal was ceremonially signed under the watch of Sheikh Ahmed bin Saeed Al Maktoum, Emirates' chair and CEO, signaling the highest level of institutional backing according to Arabian Post. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . The timing isn't coincidental. Emirates has been chasing younger, tech-savvy travelers who increasingly view traditional payment methods as outdated. Deputy President Adnan Kazim emphasized the airline's commitment to 'meeting evolving customer preferences,' a corporate euphemism for acknowledging that millennials and Gen Z travelers are driving crypto adoption in consumer spending. The Dubai Crypto Surge That's Reshaping Finance This partnership sits at the center of a broader financial revolution in the UAE. Between July 2023 and June 2024, Dubai attracted approximately $34 billion in crypto investments—a figure that would make some small countries jealous. The emirate has systematically built regulatory frameworks that encourage blockchain innovation while maintaining what officials call 'robust investor protection.' Unlike the wild-west crypto environments elsewhere, Dubai's approach has been methodical. The city's regulators have created clear guidelines that allow major corporations like Emirates to embrace digital currencies without regulatory uncertainty. This isn't crypto for crypto's sake—it's strategic positioning for a post-cash economy. Trending: New to crypto? on Coinbase. What This Means for Your Wallet For travelers, the practical implications are immediate. Starting next year, passengers will be able to book Emirates flights using major cryptocurrencies through Pay. The integration promises to eliminate traditional banking fees, cross-border transaction delays, and currency conversion headaches that plague international travel. But there's a deeper play here. Eric Anziani, COO, described the partnership as a 'catalyst for wider cryptocurrency adoption in consumer finance.' Translation: if you can buy a $2,000 flight to Dubai with Bitcoin, why not your morning coffee? The Risk-Reward Calculation Emirates isn't diving into crypto blindly. The airline has emphasized that the integration will meet 'the highest security and compliance standards,' addressing the elephant in the room—crypto's reputation for volatility and security breaches, according to Arabian Post. This measured approach mirrors Emirates' earlier partnership with American Express Middle East, showing a pattern of strategic financial innovation rather than reckless experimentation. The partnership also includes joint marketing initiatives designed to educate customers about crypto payments. This educational component is crucial—while crypto adoption is growing, actual usage in consumer transactions remains limited by knowledge gaps and security Bigger Picture for Investors For financial markets, this partnership represents a significant milestone in institutional crypto adoption. When a major international carrier—one that transported over 51 million passengers in 2023—embraces crypto payments, it signals mainstream acceptance that goes beyond speculative trading. The move also positions Dubai as a serious competitor to traditional financial hubs. While New York and London debate crypto regulation, Dubai is actively integrating digital currencies into its economic infrastructure. For investors watching regional trends, this partnership suggests the Gulf states are positioning themselves for the next phase of global finance. Emirates' calculated entry into crypto payments isn't just about convenience—it's about positioning for a future where digital currencies become as commonplace as credit cards. Whether you're paying in Bitcoin or booking with a boarding pass, the message is clear: the future of travel payments is already taking off. Read Next: Accredited investors can —with up to 120% bonus shares—before this Uber-style disruption hits the public markets Image: Shutterstock This article This $34 Billion Crypto Bet by Dubai's Flagship Airline Could Signal the End of Traditional Travel Payments originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

HH Sheikh Ahmed Bin Saeed Al Maktoum
HH Sheikh Ahmed Bin Saeed Al Maktoum

Gulf Business

time12-07-2025

  • Business
  • Gulf Business

HH Sheikh Ahmed Bin Saeed Al Maktoum

F or nearly four decades, Sheikh Ahmed bin Saeed Al Maktoum has been at the helm of one of the most remarkable success stories in global aviation. At the helm of the Emirates Airline and Group since its inception in 1985, Sheikh Ahmed has shaped Emirates into the world's most profitable airline and a flagship of Dubai Inc's rise as a global hub for trade, tourism, and finance. In FY 2024–25, under his leadership, the Emirates Group recorded its best-ever financial results — a pre-tax profit of Dhs22.7bn, revenue of Dhs145.4bn, and record cash reserves of Dhs53.4b. Emirates alone carried nearly 54 million passengers, launched a $5bn retrofit programme, and prepared for delivery of new Airbus A350s and Boeing 777 freighters. The group declared a dividend of Dhs6bn to its owner, the Investment Corporation of Dubai (ICD) — a testament to the strategic value it continues to generate. Sheikh Ahmed's aviation career began as president of the Dubai Department of Civil Aviation, the same year Emirates was launched with just two leased aircraft. Today, Emirates operates over 260 aircraft, serves over 100 destinations. The transformation of Dubai International Airport into the world's fourth busiest, the creation of Dubai World Central (DWC), and the rise of flydubai — all bear his imprint. His influence extends well beyond aviation. Sheikh Ahmed chairs Dubai Airports, Dubai Holding, Emirates NBD, flydubai, and the Dubai Civil Aviation Authority. He also plays a pivotal role in shaping Dubai's fiscal and investment strategies and serves as a global ambassador for Dubai's economic ambitions. A graduate of the University of Denver, Sheikh Ahmed has been recognised by institutions such as the Royal Aeronautical Society and serves as a patron of several charitable causes. Despite overseeing a vast portfolio of entities, his leadership is anchored in clear principles: long-term value creation, customer-centricity, talent investment, and unwavering resilience through global headwinds. As the Emirates Group gears up for a future shaped by new technologies, infrastructure, and expansion, Sheikh Ahmed remains one of the Gulf's most iconic and enduring chief executives — a symbol of Dubai's bold vision and its global aviation leadership.

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