Leen Al-Rashdan

6 days ago | news.bloombergtax.com | Leen Al-Rashdan

Emirates Group, operator of the world’s largest long-haul airline, reported a third straight year of record profit and said it continued to benefit from strong global travel demand. Profit rose to 20.5 billion dirhams ($5.6 billion) for the period ended March 31, after accounting for a corporate income tax enacted in 2023, the Dubai-based company said Thursday in a statement. In the prior year, the company reported profit of 18.7 billion dirhams. Revenue rose 6% to 145.4 billion dirhams.

6 days ago | bloomberg.com | Leen Al-Rashdan

An Emirates passenger jet takes off from Dubai International Airport. (Bloomberg) -- Emirates Group, operator of the world’s largest long-haul airline, reported a third straight year of record profit and said it continued to benefit from strong global travel demand. Profit rose to 20.5 billion dirhams ($5.6 billion) for the period ended March 31, after accounting for a corporate income tax enacted in 2023, the Dubai-based company said Thursday in a statement.

1 week ago | spokesman.com | Leen Al-Rashdan |Siddharth Philip |Julie Johnsson

ATTN: Financial editors06 May 2025(Bloomberg) — US President Donald Trump’s Middle East trip will take him back to a region that made huge investments in the US in his first term. Now Saudi Arabia, Qatar and the United Arab Emirates are aiming even higher with their aviation and defense industries to turn commercial deals into political capital. Some of the Middle East’s largest airlines are rushing to line up major accords for Trump’s visit, which is set to kick off May 13.

1 week ago | news.bloombergtax.com | Leen Al-Rashdan |Siddharth Philip |Julie Johnsson

US President Donald Trump’s Middle East trip will take him back to a region that made huge investments in the US in his first term. Now Saudi Arabia, Qatar and the United Arab Emirates are aiming even higher with their aviation and defense industries to turn commercial deals into political capital. Some of the Middle East’s largest airlines are rushing to line up major accords for Trump’s visit, which is set to kick off May 13.

1 week ago | news.bloomberglaw.com | Leen Al-Rashdan |Siddharth Philip |Julie Johnsson

US President Donald Trump’s Middle East trip will take him back to a region that made huge investments in the US in his first term. Now Saudi Arabia, Qatar and the United Arab Emirates are aiming even higher with their aviation and defense industries to turn commercial deals into political capital. Some of the Middle East’s largest airlines are rushing to line up major accords for Trump’s visit, which is set to kick off May 13.