USD 1.2 Billion in Airline Funds Blocked by Governments, Majority in Africa and Middle East

10 December 2025 (Geneva) – The International Air Transport Association (IATA) reported that USD 1.2 billion in airline funds are blocked from repatriation by governments as of the end of October 2025. A marginal improvement of USD 100 million has been made since last reported in April 2025. Out of total blocked funds reported, 93% are trapped in Africa and Middle East (AME). IATA called on governments to lift all restrictions on currency repatriation and allow airlines to access their revenues in U.S. dollars from ticket sales, cargo sales and other activities, as guaranteed in bilateral air service agreements and treaty obligations. Restrictions include burdensome or inconsistent procedures to obtain repatriation approval, delays in obtaining approval, shortage or lack of ......read full article

Dubai's 3 Day Super Sale Boosts Retail Growth with Strong Citywide Performance and High Shopper Turnout During Extended ...

Extended for two additional days in celebration of the 54th Eid Al Etihad and featuring Dubai’s first-ever 24-Hour Sale, 3DSS saw tens of thousands of shoppers avail massive savings of up to 90% at 500 top brands at over 2,000 participating outlets over five days Early indicators show double-digit growth in consumer spending and footfall across participating retailers during Dubai’s biggest shopping weekend, reinforcing the city’s status as a global shopping destination while supporting growth across the retail ecosystem Dubai, United Arab Emirates, 10 December 2025: Dubai’s much-awaited 3 Day Super Sale (3DSS) has concluded yet another standout edition, driving robust retail performance through strong participation from more than 500 brands and over 2,000 ......read full article

Aerospace Supply Chain Bottlenecks Continue to Constrain Airlines

9 December 2025 (Geneva) - The International Air Transport Association (IATA) updated its analysis of aerospace supply chain bottlenecks noting that aircraft availability remains one of the most significant constraints on industry growth in its just released global outlook. While deliveries of new aircraft began to pick up in late 2025 and production is expected to accelerate in 2026, demand is forecast to outstrip the availability of aircraft and engines. The normalization of the structural mismatch between airline requirements and production capacity is unlikely before 2031-2034 due to irreversible losses on deliveries over the past five years and a record-high order backlog. Notable points on the current situation include: Delivery shortfalls now total at least 5,300 ......read full article

Rolls-royce motor cars dubai unveils phantom centenary private collection

Rolls-Royce Motor Cars Dubai unveils Phantom Centenary Private Collection, Rolls-Royce Motor Cars’ tribute to a century of Phantom excellence with a holographic story from Phantom I to Phantom VIII Occasion honours 100 years of Phantom - the marque’s pinnacle product and most celebrated nameplate Exclusive showcase of historic Phantom masterpieces \ 9 December 2025, Dubai, UAE : Rolls-Royce Motor Cars Dubai proudly marked Phantom’s 100th anniversary with the reveal of the Phantom Centenary Private Collection at an exclusive gathering at One&Only Royal Mirage. A true celebration of Phantom, ahead of this highly anticipated moment, guests were invited into the ‘Symphony of a Century’ - a striking holographic journey that brought to life a ......read full article

Kia Marks 80-Year Journey with Ceremony and Exhibition Celebrating its Heritage and Vision

Anniversary ceremony held at Kia Vision Square to commemorate significant milestone, attended by 400 guests Commemorative exhibition tells Kia brand's story across eight display spaces featuring 17 vehicles Kia's heritage of challenge and determination continues to drive brand's future vision Dubai, United Arab Emirates, December 8, 2025 – Kia Corporation celebrated the brand's 80th anniversary, holding a special ceremony to mark the occasion and opening a new exhibition at Kia Vision Square in Yongin, Korea. The event highlighted Kia's 80-year journey, evolving into a global leader in sustainable mobility through contributions from Kia employees past and present, and gave insight into Kia's philosophy and future ......read full article

849 estarossa debuts in Middle East at Casa Ferrari Abu Dhabi

The 849 Testarossa was unveiled at Yas Links Golf Club, giving Ferraristi an opportunity to get up close to the Prancing Horse’s latest model in the region. Abu Dhabi, United Arab Emirates, 8th December 2025:  Ferrari Middle East has launched the 849 Testarossa in the region, celebrating its arrival at the annual Casa Ferrari event at Yas Links Golf Club in Abu Dhabi. Taking place alongside the Formula 1 Etihad Airways Abu Dhabi Grand Prix weekend (5th-7th December), the Casa Ferrari event brought together guests and Ferraristi to experience its new model first-hand to mark its Middle East debut. The car, which replaces the SF90 Stradale in the range, is a hybrid plug-in super sports berlinetta equipped with three electric motors alongside the ......read full article

Gargash Enterprises and Mercedes-Benz Heritage GmbH Announce UAE Classic Partner Network Expansion

Dubai, UAE – December 4, 2025 Mercedes-Benz Heritage GmbH, Mercedes-Benz Cars Middle East, and Gargash Enterprises have officially signed a partnership agreement establishing Gargash Enterprises as the first authorized member of the Mercedes-Benz “Classic Partner Network” in the region. The official launch took place at The Pavilion, Emirates Golf Club, marking a pivotal moment for the classic car community in the UAE. The “Classic Partner Network” is a prestigious global program for selected and authorized Mercedes-Benz dealers. It is designed to preserve the timeless legacy of Mercedes-Benz through specialized services, heritage expertise, and customer experiences. This international rollout underscores the brand’s commitment to connecting its ......read full article

TOYOTA GAZOO Racing and Lexus Hold World Premiere of GR GT, GR GT3, and Lexus LFA Concept

Three models positioned as flagships in the manner of the Toyota 2000GT of yesteryear and the Lexus LFA make their world premiere. As an embodiment of "Toyota's Shikinen Sengu", preserving and passing on the "secret sauce of car-making" to the next generation is one aim of development. The GR GT is a new GR-brand flagship sports car that further advances the making of ever-better motorsports-bred cars. The GR GT3 is a GR GT-based, FIA GT3-spec race car for all customers who want to win races. The Lexus LFA Concept is a concept model aimed at creating a BEV sports car that exceeds customers' expectations. Toyota City, Japan, December 5th, 2025: TOYOTA GAZOO Racing (TGR) and the Lexus brand held the world premiere today of TGR's GR GT and GR ......read full article

Shop, Scan & Win Up to Dh 1 Million During the 31ˢᵗ Dubai Shopping Festival (DSF)

Promotion spanning across 15 participating malls across Dubai 30 winners to be announced over 5 weekly draws Dubai (December 4, 2025): The popular ‘Shop, Scan & Win’ campaign for the 31ˢᵗ edition of the Dubai Shopping  festival, giving shoppers the opportunity to enjoy rewarding experiences and exciting prizes when they shop from any of the 15 participating malls in Dubai. The promotion is well aligned with the festival’s commitment to creating memorable, family-friendly experiences for residents and visitors during one of the city’s most anticipated annual shopping events. The ‘Shop, Scan & Win’ promotion will run from 5 December 2025 to 11 January 2026, inviting shoppers who spend Dh 200 or more at any ......read full article

InterContinental Hotels at Dubai Festival City Unveils its Festive Takeaways for December

Gourmet Roasts and Holiday Classics Now Available for Pre-Order 4 December 2025, Dubai, UAE – InterContinental Hotels at Dubai Festival City is ushering in the holiday season with the launch of its Festive Takeaways, bringing the warmth and flavour of gourmet celebrations directly to homes across the UAE. Available daily throughout December, the curated menu offers handcrafted roasts and seasonal favourites designed to elevate Christmas and New Year gatherings. Perfect for intimate dinners or family feasts, each festive order is prepared by the hotel’s award-winning culinary team and comes ready to serve. Guests are required to place their orders 48 hours in advance. Thomas Schmelter, Area General Manager, IHG Hotels at Dubai Festival City commented: “The ......read full article

Palo Alto Networks and IBM Plan to Launch Joint Solution to Accelerate Enterprise-Wide Quantum-Safe Readiness

Dubai, United Arab Emirates – December 4, 2025 – As the path toward large-scale, fault-tolerant quantum computing rapidly accelerates, enterprises must act now to secure their data. To provide a path to a quantum-safe future, Palo Alto Networks (NASDAQ: PANW) today announced a plan with IBM to offer a new Quantum-Safe Readiness solution designed to help enterprises identify cryptographic exposure, understand quantum-computing related risks, and accelerate their transition toward quantum-safe security. By combining IBM's Quantum Safe Transformation services with the foundational network-level cryptographic intelligence from Palo Alto Networks security platforms, the new solution will give customers a comprehensive and actionable view of their cryptographic posture ......read full article

PGA tour university no. 2 Christiaan Maas secures exemption into 2026 hero Dubai Desert Classic

Dubai, UAE – December 4: University of Texas senior Christiaan Maas, currently ranked No. 2 in the PGA TOUR University Class of 2026, has earned an exemption into the 2026 Hero Dubai Desert Classic.   The South African will make his debut at the 'Major of the Middle East' when the prestigious Rolex Series event tees off at Emirates Golf Club from January 22-25, 2026. Maas's invitation continues a proud tradition of the Hero Dubai Desert Classic providing opportunities for elite collegiate golfers to compete on the DP World Tour.   "I'm very honoured to receive this opportunity," Maas said. "I feel like I've watched this specific tournament my whole life. I've always loved the end of the year, beginning of the year sequence ......read full article

Gargash Enterprises and Mercedes-Benz Heritage GmbH Announce UAE Classic Partner Network Expansion

Dubai, UAE – December 4, 2025 : Mercedes-Benz Heritage GmbH, Mercedes-Benz Cars Middle East, and Gargash Enterprises have officially signed a partnership agreement establishing Gargash Enterprises as the first authorized member of the Mercedes-Benz “Classic Partner Network” in the region. The official launch took place at The Pavilion, Emirates Golf Club, marking a pivotal moment for the classic car community in the UAE. The “Classic Partner Network” is a prestigious global program for selected and authorized Mercedes-Benz dealers. It is designed to preserve the timeless legacy of Mercedes-Benz through specialized services, heritage expertise, and customer experiences. This international rollout underscores the brand’s commitment to connecting ......read full article

Emirates activates interline partnership with Bahamasair, benefitting customers travelling to The Bahamas

Dubai, UAE, 3 December 2025: Emirates has officially activated an interline partnership with Bahamasair to provide connectivity to customers travelling to The Bahamas. The unilateral partnership between both carriers enables Emirates to expand its reach in the Caribbean, allowing its customers to connect on The Bahamas’ national flag carrier from two gateways in Florida to two destinations within The Bahamas - Nassau/Paradise Island and Freeport on Grand Bahama Island. The interline partnership came into effect following a Memorandum of Understanding (MoU) signed by both airlines in June. Emirates’ customers can book an entire journey from across its network to Orlando or Miami and connect to Nassau or Freeport – all with the simplicity of a single ticket and with ......read full article

Emirates Gold and Joyalukkas Announce Certified 24K Gold Bars Through Strategic UAE Partnership

United Arab Emirates (3rd December 2025) - Emirates Gold, one of the UAE’s most trusted and established precious metals refineries, has entered into a strategic partnership with Joyalukkas, the world’s favourite jeweller, to introduce an exclusive collection of certified 24-karat gold bars for consumers and investors across the UAE and the wider region. The signing ceremony was held at the private office of His Highness Shaikh Mohammed Bin Sultan Bin Khalifa Al Nahyan in Abu Dhabi, marking an important milestone in the evolution of gold craftsmanship and retail innovation. The agreement was formalised in the presence of His Highness, Chairman of Emirates Gold, Dr. Joy Alukkas, Chairman of Joyalukkas Group, John Paul Alukkas, Managing Director ......read full article

BMW Group sets new climate target for 2035: At least 60 million tons of CO2e savings compared to 2019 – another ...

New milestone on the road to net zero by 2050 Comprehensive decarbonization across the entire life cycle and all drive variants Munich, 3 December 2025. The BMW Group has defined a new 2035 milestone for cutting CO2e emissions on the road to net zero. The company aims to reduce its CO2e emissions by at least 60 million metric tons compared to 2019 levels, an additional reduction of approximately 20 million tons of CO2e beyond the existing 2030 target. In doing so, the BMW Group is pursuing a comprehensive decarbonization strategy along the entire life cycle, with the goal of achieving net zero by 2050 at the latest. This represents a firm commitment to the goals set out in the Paris Agreement. To date, the target has been to cut at least 40 million metric tons of CO2e ......read full article

Explore more cities in one trip with The Emirates Asia Pass

Travel to more destinations across Southeast Asia in one single booking with the Emirates Asia Pass Dubai, UAE, 03 December 2025 - Emirates has unveiled an exciting new way for travellers to explore Southeast Asia with the launch of the Emirates Asia Pass. Designed for travellers seeking cultural discovery and flexible itineraries, the pass simplifies multi-city travel across the region, offering convenience, value, and flexibility on one single booking. With the Emirates Asia Pass, customers can book and customise itineraries across Thailand, Indonesia, Vietnam, Malaysia, Cambodia, Singapore and Laos, all under one ticket. Whether travellers are looking to experience tranquil island retreats, rich cultural landmarks or vibrant cities, the Emirates Asia Pass allows them to ......read full article

DAE Signs Long-Term Lease Agreements with AJet for 10 Boeing 737-8 Aircraft

Dubai, U.A.E., 3 December 2025 – Dubai Aerospace Enterprise (DAE) Ltd today announced that it has signed long-term lease agreements with AJet and Turkish Airlines for 10 new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2026 and 2027. Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of DAE, said, "We are delighted to be chosen by long-time customer Turkish Airlines to provide them a solution to AJet's growing fleet requirements with these new technology, fuel efficient aircraft. Türkiye is a fast-growing market, with flight movements increasing 5.7% in the first half of 2025, according to Türkiye's Ministry of Transport. We thank Turkish Airlines and AJet for their ongoing trust in DAE and wish them much ......read full article

The Kia PV5 Passenger Named 'Family Car of the Year' at the 2026 BBC TopGear.com Awards

The Kia PV5 Passenger model honored as BBC TopGear.com's 'Family Car of the Year' for 2026 First PBV model to be recognized in a major consumer vehicle category, building on Kia's long-standing heritage in family-oriented mobility Outstanding space, practical versatility and refined efficiency set a new benchmark for modern family mobility Dubai, United Arab Emirates, December 3, 2025 – Kia today announced that the Kia PV5 Passenger has been honored as 'Family Car of the Year' at the 2026 BBC TopGear.com Awards, one of the world's most influential automotive recognitions presented annually by BBC Top Gear. Hosted at London's White City House, the awards celebrate the ......read full article

Al Masaood Automobiles Sponsors Keralolsavam Festival 2025

Abu Dhabi, 3 December 2025: Al Masaood Automobiles has announced its sponsorship of Keralolsavam 2025, one of the highly regarded cultural festivals for the Malayali community in Abu Dhabi. The annual event brings together thousands of residents to celebrate Kerala’s rich heritage, artistic traditions, and community spirit. As part of its sponsorship, Al Masaood Automobiles is offering a brand new 2025 Nissan Magnite as the grand prize for the festival’s main draw. In addition, a Nissan X-Trail is being showcased at the event, allowing attendees to experience its design, technology, and features up close. Supporting Keralolsavam forms part of Al Masaood Automobiles’ broader commitment to strengthening its long-standing relationships with the ......read full article