Browsing: Growth

17 March 2026 (Geneva) — The International Air Transport Association (IATA) released its Long‑Term Demand Projections (LTDP) for air travel, showing that global air passenger demand is expected to more than double by 2050. Under the mid‑range scenario, demand is forecast to reach 20.8 trillion revenue passenger kilometers (RPKs), based on a compound annual growth rate (CAGR) of 3.1% (2024-2050) from the 9 trillion RPKs seen in 2024. A higher growth scenario would see a 3.3% CAGR with passenger demand reaching 21.9 trillion RPKs in 2050. A lower growth scenario would see 2.9% CAGR with passenger demand reaching 19.5 trilli

In its third full year of operations, Wio Bank reported net profits of AED 622 million, reflecting 57% growth over 2024 More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry Wio;s robust balance sheet, impressive profitability, and strong shareholder base give it resilience and support the focus on long-term strategy Abu Dhabi, UAE – 17 March 2026: Wio Bank PJSC (“Wio”) reported a strong financial performance i

Salik Company PJSC Dubai’s exclusive toll gate operator, today announced its financial results for the three-month and More…

His Excellency Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of the Roads and More…

A new analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, More…

Reported revenue of AED 5,501 million, up 9.8% YoY for 2025. Full-year EBITDA rose 19.9% to AED 1,089 million, with the EBITDA margin improving to 19.8% from 18.1% in 2024. Q4 2025 delivered particularly strong performance, with net profit surging 159.9% YoY. Abu Dhabi, 10 February 2026: Burjeel Holdings, a leading super-specialty healthcare services provider in the MENA, today announced its unaudited preliminary financial results for the year ended December 31, 2025. Burjeel Holdings delivered robust revenue of AED 5,501 million, up 9.8% YoY, while total patient visits exceeded 7 million, growing 8.4% YoY. Growth was driven b

The president and CEO Thales International says the challenge is developing a workforce that is not just technically competent, but also strategically minded, capable of driving innovation across sectors The post Thales’ Pascale Sourisse on how national human capital is fuelling UAE’s growth appeared first on Gulf Business.

The president and CEO Thales International says the challenge is developing a workforce that is not just technically competent, but also strategically minded, capable of driving innovation across sectors The post Thales’ Pascale Sourisse on how national human capital is fuelling UAE’s growth appeared first on Gulf Business.