Syrian Air has announced the resumption of direct flights to Dubai and Sharjah (UAE) starting this Sunday. This development marks an important turning point in the regional aviation sector amid significant shifts in the political and economic landscapes.
British quick delivery startup Zapp is planning to broaden its reach by launching services in Dubai later this year. This move comes as part of a strategy to enter the increasingly competitive Middle Eastern market, which has been attracting significant investments in the logistics and rapid delivery sectors.
The news of Dubai's plans to launch an initial public offering (IPO) for ALEC Engineering & Contracting LLC by mid-2025 underscores the emirate's ambition to rejuvenate the privatization process. Supported by Dubai's state-backed Investment Corporation, the IPO aims to raise up to $500 million, highlighting significant aspirations in the capital markets.