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Etihad Airways is doubling down on investments and targeting break-even, despite this year’s disruptions
Its flights are running at 90% full, and capacity is up 15% y-o-y
S&P affirms Ras Al Khaimah’s A/A-1 rating, trims 2026 growth forecast on Middle East war spillovers
The agency is banking on fiscal buffers and UAE support to cushion the emirate as it cuts 2026 growth to…
THIS MORNING: Adia, Lunate eye a hefty piece of Indian bourse’s USD 2.7 bn IPO + DP World plans truck fleet expansion amid Hormuz disruption
Plus: Did Emirates just clinch its long sought-after Berlin slot?
Local demand shields retail players as tourist-heavy locations feel the pressure
Sales at tourist-focused retail destinations were down by as much as 50% at the start of the war
MAF posts record EBITDA, with decline in retail revenue on the back of the conflict, eyes Syria for expansion
The firm’s revenue rose 1.4% to AED 17.5 bn as development and malls offset a 6% drop in retail
UAE tourism jobs are falling six times slower than visitor spending
Hotels are retaining their staff to save themselves higher rehiring costs later — a wager that only pays off if…
Airfares are set to stay elevated through 2026, even under a best-case ceasefire scenario
A ceasefire in the region won’t fix Gulf airfares fast — carriers still have months of rebuilding ahead
THIS MORNING: OpenAI brings local inference to UAE + Adnoc is shuttling Iraqi crude across the Strait of Hormuz
Tourism and travel’s contribution to the Gulf’s GDP could drop by 14.5% to USD 330 bn this year
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