The Emirates Group welcomed over 105,000 new members of staff, increasing its workforce by 2 per cent.
This comes despite a 44 per cent decrease in profit across the whole group in the 2018-2019 financial year.
According to the report released on Thursday, Emirates Airline recorded a 6 per cent increase in revenue but a 69 per cent drop in profit.
Dnata, on the other hand, saw a 10 per cent increase in revenue with its international business accounting for 70 per cent of that.
Nasdaq set to confirm bear market as Trump tariffs trigger recession fears
The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field
UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).
China to impose tariffs of 34% on all US goods
China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.
Shares bruised, dollar crumbles as Trump tariffs stir recession fears
Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.
The Rock and Chris Evans: A Christmas Surprise!
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
