Maya Madkour

Emirates Group posts AED 10.4 billion profit in H1 2024-25 Emirates Group has announced its best ever half-year financial results for the 2024-25 financial year, posting a pre-tax profit of AED 10.4 billion (US$ 2.8 billion), surpassing its record pre-tax profit for the same period last year. This is the first financial year in which the UAE’s corporate income tax, introduced in 2023, has been applied to the Emirates Group. After calculating the 9% tax, the group posted a profit of AED 9.3 billion (US$ 2.5 billion), according to a press release published on the Emirates website. The Group also recorded earnings before interest, taxes, depreciation and amortization of AED 20.4 billion (around $5.6 billion), compared to AED 20.6 billion (around $5.6 billion) during the same period last year, a slight decrease reflecting the Group’s strong operating profitability. The Group’s revenues amounted to AED 70.8 billion (around $19.3 billion) during the first 6 months of the 2024/25 fiscal year, an increase of 5% compared to AED 67.3 billion (around $18.3 billion) for the same period last year, reflecting the continued strong demand from customers across the Group’s various businesses. The Group ended the first half of the #financial year 2024/25 with a strong cash position, with balances of AED 43.7 billion (US$ 11.9 billion) as at 30 September 2024, compared to AED 47.1 billion (US$ 12.8 billion) as at 31 March 2024. The Group was able to leverage its strong cash reserves to support business needs, including repayment of new freighter aircraft orders and repayment of other debt. The Group also paid AED 2 billion to the owners’ share, as announced at the end of the financial year 2023/24. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, explained that the Emirates Group was able to once again exceed its record financial results last year, to record strong results in this financial year, which reflects the strength of our business model, which is in line with the growth trajectory of #Dubai as a preferred city to live, work, visit and do #business. To keep pace with the expansion of operations and commercial activities, the Emirates Group's employee base grew by 3% compared to 31 March 2024, bringing the total number of employees to 114,610 employees as of 30 September 2024. Emirates and dnata continue to organize recruitment campaigns to support future requirements. Emirates #EmiratesGroup #FinancialResults #H1Profit #AviationIndustry #AirlineIndustry #EconomicGrowth #DubaiGrowth #UAE #CorporateTax #UAECorporateTax #BusinessExpansion #RevenueGrowth #EmployeeGrowth #Innovation #TechnologyInvestment #Tourism #TravelIndustry #AviationProfit #BusinessSuccess #Profitability

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Beirut is a city known for its vibrant culture, rich history, and cosmopolitan energy. Yet beneath its lively exterior, Beirut has also become a symbol of tenacity, facing challenges that would test even the strongest of communities. From financial collapse and economic instability to the catastrophic explosion in 2020 and ongoing political turmoil, Beirut and its people have endured a crucible of crises. But instead of succumbing to despair, the city and its inhabitants have shown an extraordinary ability to cope, survive, and even thrive in the face of overwhelming odds. The everyday acts of kindness seen across the city tell a powerful story. In Beirut, it is not uncommon to see someone offering food to a stranger, helping a neighbor repair their home, or simply providing a listening ear to someone who is struggling. These gestures, though small, are significant—they show how Beirutis have found strength in each other, refusing to let the weight of their circumstances crush their spirit. They teach us the power of community and collaboration. In times of crisis, it is the bonds between people that provide the most reliable safety net. Those who can adjust their approach and find new ways to meet challenges are the ones who survive and thrive. This mindset is crucial not only in crisis situations but in everyday life, where flexibility and creativity can turn obstacles into opportunities. The stories from Beirut highlight the importance of empathy and compassion. The people of this city have shown that in the face of adversity, taking care of each other is not just a moral obligation but a survival strategy. Beirut teaches us the power of hope. Despite the many challenges they face, Beirutis continue to look toward the future with determination and optimism. This hope is not naive; it is a conscious choice to believe in a better tomorrow and to work towards it, even when the odds seem stacked against them. In our daily lives, maintaining hope can provide the strength and motivation needed to keep moving forward, no matter how difficult the journey. Beirut, in all its complexity, its people, and through their actions and attitudes, send a powerful message to the world: no matter how dire the situation, there is always a way to rebuild, to find strength in one another, and to push forward. ❤️

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Etihad #Airways to operate two flights between #AbuDhabi and #Paris, #France, starting from January 15, 2025 #EtihadAirways, the #UAE’s national airline, has announced the expansion of its services to Paris, with two daily #flights starting from January 15, 2025. The new flight schedule will include the return of the Etihad Airbus #A380 from November 1, 2024, followed by the operation of the new Boeing #787-9 Dreamliner on the second daily flight starting from January 15, 2025. A press release published on the Etihad Airways website explained that all flights will feature Etihad’s service in three classes, including First Class, #Business Class and #Economy Class, and the introduction of the two daily flights reinforces Etihad’s commitment to boosting #tourism to Abu Dhabi. Arik De, Etihad Airways’ Chief Commercial and #Revenue Officer, explained that Etihad Airways operates two daily flights to provide our customers with a fun #travel experience. The return of the A380 to Paris, followed by the addition of the three-class 787-9 Dreamliner, provides seamless connectivity to our growing network across the GCC, #Asia and beyond. The two daily flights are conveniently timed to depart and arrive in the morning and evening, giving passengers the flexibility to choose the schedule that best suits them. The morning arrival time in Paris gives #leisure travellers the advantage of an early check-in at their #hotel and more time to explore the city, while the evening arrival caters to those seeking a seamless post-work journey. For business travellers, the flight schedule allows them to make the most of their working day in comfort. The A380 will allow passengers to use Etihad Airways’ most popular onboard features, including The Residence, the world’s only three-room suite on an aircraft, First Class cabins and Business Studios. Economy Class passengers will also benefit from extra legroom and Etihad’s signature service. Etihad’s 787-9 Dreamliner complements the Airbus A380 service, offering First, Business and Economy Class cabins, with enhanced amenities designed for comfort, productivity and relaxation. With the double daily flights, Etihad is enhancing connectivity between Abu Dhabi and Paris, further integrating the French capital into Etihad’s global network. In addition to facilitating seamless travel to the GCC, Asia and beyond, Abu Dhabi is also a key hub for international travel. “This increase in frequency reflects the strong demand for travel between Abu Dhabi and Paris, and reinforces Abu Dhabi’s position as a key gateway to the world,” De added. “Whether our customers are travelling for business, leisure or to explore the rich #culture of both cities, Etihad’s double daily flights will ensure their journey is as smooth and enjoyable as possible. Abu Dhabi Airports Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) Antonoaldo Neves Abu Dhabi Media Office #aviation #airbus #boeing #media #economic #growth #hospitality

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**Statement on the Current Situation in Lebanon** As we observe the unfolding situation in Lebanon, it is essential to recognize the resilience and strength of the Lebanese people in the face of ongoing challenges. The country is grappling with a multifaceted crisis, including economic instability, political uncertainty, and social unrest. These issues have profoundly impacted the lives of everyday citizens, leading to rising inflation, increased poverty rates, and a significant decline in living standards. In these challenging times, the international community must stand in solidarity with Lebanon and support efforts aimed at fostering stability, rebuilding trust in institutions, and promoting sustainable development. Collaborative initiatives focusing on humanitarian aid, economic recovery, and political dialogue are vital for securing a brighter future for Lebanon. We express our hopes for peace, unity, and perseverance among the Lebanese people as they navigate this complex landscape. It is our collective responsibility to ensure that the Lebanese's voices are heard and that they receive the support they need during this critical period. Dr. Misha Absi-Ounjian, EdD, LMFT Editor in Chief BeirutTimes.com * "Beirut Times" More Than a Newspaper Established in 1985, "Beirut Times" is the largest and official English-Arabic newspaper in the United States. Still, it is also a source of unity for the extensively dispersed Arab American community in this part of the world. This daily has been actively serving the needs of the Lebanese and Arab Americans in many an area through its new, feature stories, editorials, reports, commentaries, and analyses of both local and international nature covering a wide range of social, political, economic, and scientific aspects of human activities, including sports and arts.

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Cluster2 | تجمع مطارات الثاني recorded 4.8 million passengers during the third quarter of 2024, an increase of 13% The Cluster2 | تجمع مطارات الثاني Company issued its operational #performance report for the third quarter of 2024, which showed a remarkable #growth in passenger traffic, with the number of passengers reaching 4.8 million, an increase of 13% compared to the same period last year. A post on the Cluster2 | تجمع مطارات الثاني website account via LinkedIn explained that the company recorded more than 38.8 thousand #flights during the third quarter of this year, with a 12% increase in the number of flights. Key performance indicators On-time departure rate: reached 87.1%, while the rate of commitment to arrival time reached 88.6%, reflecting the development in time management and improvement of air transport services. #Aircargo movement: #Cargo weights exceeded 265,616 kg, demonstrating the company's commitment to meeting the needs of #airfreight and transport. The company also announced the opening of new routes, with flynas operating direct flights between Qassim and Trabzon, and SAUDI AIRLINES operating flights between NEOM and #Istanbul, in addition to flights between #Neom and #Cairo, which contributes to strengthening air connectivity networks and providing more options for travelers. The company opened the new administrative building project at Abha International Airport, and the #travel lounge was expanded to increase capacity, in addition to licensing Arar Airport as an international airport, which contributes to strengthening the airport infrastructure and expanding the airline network. International Accreditation The Cluster2 | تجمع مطارات الثاني achieved an international achievement by obtaining the accreditation certificate from the Airports Council International in the passenger experience, as Prince Sultan bin Abdulaziz International Airport in Tabuk and Arar International Airport obtained this accreditation, which is evidence of the company's commitment to providing high-quality services to travelers. Environmental Compliance 5 of the "Second Airports Cluster" airports succeeded in obtaining environmental permits, which confirms the company's commitment to environmental standards and sustainability. The airports with permits include King Abdullah Airport in Jazan, Taif International Airport, Hail International Airport, Najran Airport and Yanbu Airport. GACA - General Authority of Civil Aviation - Saudi Arabia MATARAT Holding | مطارات القابضة Saudi Air Navigation Services Ali Rajab Ali Masrahi Airports Council International - ACI Asia-Pacific & Middle East ACI World - Airports Council International #AviationIndustry #AirportPerformance #PassengerGrowth #AirTraffic #AirFreight #NewRoutes #AirportInfrastructure #TravelIndustry #AirlineExpansion #SaudiAirports #Aviation #Flynas #SaudiAirlines #AirportDevelopment #Sustainability #ACIAccreditation #AirTravel #MiddleEastAviation

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I discussed with Hadeel Oueis the impact of AI and technology companies on the US election, as well as which social media companies are supporting which candidates. #META #facebook #linkedin #uselection #AI

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Empowering Change: Gender Mainstreaming in Jordan's Energy Sector. Today, the USAID Energy Support Activity (ESSA) hosted a one-day workshop focused on "Gender Mainstreaming in the Energy Sector." This event addressed the barriers identified in ESSA’s Gender and Youth Assessment, which include a lack of institutional mechanisms to promote gender equality and social inclusion, as well as the persistence of traditional gender roles in the energy sector. The workshop aimed to enhance gender mainstreaming practices among key national institutions. Participants gained a deeper understanding of the principles of gender equality and social inclusion (GESI) and the importance of GESI analysis in their daily work. The workshop strengthened the capacity of ESSA's national counterparts to integrate gender considerations into public policies, programs, projects, and activities. Attendees explored the significance of gender equality and social inclusion, why these principles are essential in planning and management, and how to effectively implement GESI-sensitive approaches. The event brought together 25 participants from ESSA’s main national counterparts, including Ministry of Energy and Mineral Resources-Jordan JREEEF Jordan Renewable Energy and Energy Efficiency Fund, هيئة تنظيم قطاع الطاقة والمعادن-EMRC, National Electric Power Company (NEPCO), and Jordan Chamber of Industry (JCI). Throughout the day, participants engaged in discussions and practical exercises designed to equip them with the knowledge and tools needed to mainstream gender and social inclusion in their respective organizations. #GenderEquality #SocialInclusion #EnergySector #USAIDESSA #Workshop #SustainableDevelopment

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Yemen's youth is a crucial resource for driving positive change in the country. Their resilience, creativity, and passion are driving Yemen's quest for a brighter future. Empowering Yemen's youth is not just an investment in individuals but also in the nation's future. By providing opportunities for education, skill development, and meaningful engagement, the youth can become catalysts for positive change across all sectors of society. Yemen's vision of a prosperous nation can only be realized through the empowerment of its youth. By fostering a culture of innovation and leadership, #Yemen can pave the way for sustainable development and prosperity. Strategic investments in education, mentorship programs, job opportunities, and civic engagement can create an environment where the youth can flourish and contribute meaningfully to society. Reaf more https://lnkd.in/d4mnuZBx

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An Evolving Platform for Assessing Community Risk - Learn how Lebanon's National Early Warning System Platform (NEWSP) is now being used to collect data from the past 20 years about other environmental risk factors beyond wildfires. Populated areas, schools, and other geographic locations that are vulnerable to floods, landslides, erosion, and drought are being mapped with layers related to proximity to hospitals, civil defense, airports, and other critical resources. https://lnkd.in/ee2Q74rJ #esri #arcgis #gis #forestfires #climateaction #earlywarning #CNRS #NEWSP #esrilebanon #lebanon

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MENA needs 100X focus on STEM, or risk being left behind The PISA 2022 results reveal a pressing challenge: a significant gap in math and science proficiency across the Arab world. This is not just an educational concern—it’s a strategic issue for the decade ahead. As we move deeper into the digital era, math and science will underpin every critical advancement, from AI and robotics to clean energy and space exploration. These subjects are the foundation of innovation and the drivers of economic competitiveness in the 21st century. The coming wave of digital transformation will reward nations that invest in cultivating strong STEM capabilities. Without a solid grounding in math and science, our youth risk being left behind in a global race that increasingly values critical thinking, problem-solving, and technological literacy. It’s time to prioritize math and science education like never before—to ignite curiosity, foster resilience, and prepare a generation ready to compete and lead in the digital future. This is not just about education; it’s about how nations compete. #HowNationsCompete #FutureSkills #STEM #Youth

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Key takeaways from a session led by HRH Princess Rym Ali, President of #AnnaLindh and founder of #JordanMediaInstitute As part of the #ALF Outreach Dialogues, #UNESCOJordan presented “Breaking the Algorithm: Addressing AI Bias for a More Equitable Euro-Med Digital Future”. #globalMILweek #Global_MIL #Jordan #Columbia #GlobalMIL #Information #AI #MediaLiteracy #DigitalTransformation #AccessToInformation

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Iraq is on the frontline of global climate change but positive action now will go a long way to mitigating the long term effects. To view a first hand account of the effects of rising temperatures, check out our award wining documentary on this topic by Speda Hazim, "No Choice But To Leave" - embedded here https://lnkd.in/dBdjzyR4 #Agriculture #Migration #ClimateAction #WaterSecurity

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More efforts for sustainable enterpeneurs ecosystem in Egypt

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Deadlines in Times of War: A Lebanese Perspective As Lebanon grapples with the harsh realities of war, the concept of deadlines can seem almost surreal. The constant threat of violence, the uncertainty of the future, and the overwhelming need to prioritize safety can make it difficult to focus on work-related tasks. Yet, amidst the chaos, many Lebanese individuals are finding solace and purpose in maintaining their professional commitments. For many, like myself, work serves as a much-needed distraction from the constant anxiety and fear. By immersing ourselves in tasks, we can temporarily escape the harsh realities of war and find a sense of normalcy. Moreover, continuing to meet deadlines can provide a sense of accomplishment and a feeling of control in a world that often feels out of our hands. However, the challenges of working during wartime are significant. The constant threat of violence can disrupt work schedules and make it difficult to concentrate. Limited access to resources and infrastructure can also hamper productivity. Furthermore, the emotional toll of war can take a significant toll on mental health, making it difficult to focus and be effective. Despite these challenges, many Lebanese individuals are demonstrating remarkable resilience. They are adapting to the changing circumstances, finding creative solutions to overcome obstacles, and persevering in the face of adversity. Our determination to maintain our professional commitments is a testament to the strength and spirit of the Lebanese people. I hope one day we wake up and there will be peace on Earth and this madness would be over. #Lebanon

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