Emirates hit by more Boeing delays: The Dubai carrier now expects Boeing’s long-overdue777X deliveries to be delayed until at least 2Q 2027, with the possibility of further setbacks into 2028, Bloomberg reports, citing people familiar with Emirates’ financial and operational planning. The Dubai-based carrier, which has 205 units on order and has centered its future fleet strategy around the 777X, is no longer relying on Boeing’s target debut date as ongoing production setbacks and an extended certification process continue to push timelines further out.

The delays have pushed Emirates to extend the service life of its current fleet, spending USD 4 bn on retrofits to keep ageing A380s and 777s in service.

ALSO- The UAE’s push into metals trading made headlines, with the Financial Times highlighting Abu Dhabi, Oman, and Saudi Arabia’s efforts to launch new metal trading companies as part of a broader strategy to diversify beyond oil and secure critical minerals for the energy transition. Abu Dhabi sovereign wealth fund ADQ formed a 50-50 JV with US-based Orion Resource Partners just last month to invest USD 1.2 bn in metals and mining over the next four years. “The Gulf is becoming much more dynamic and strategic in how it invests in mining,” said Philip Clegg, managing partner of the JV.

International Holding Company’s mining investment arm, International Resources Holding (IRH), has been a key player. The company has already built a 60-person trading unit to handle energy and metals and is actively trading third-party commodities across base metals, energy products, and iron ore. IRH is also in talks with international traders, including Mercuria, to further expand its trading portfolio after acquiring a 51% stake in Zambia’s Mopani copper mine for USD 1.1 bn last year.

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