#fuel costs
9 articles with this tag
EconomyEmirates Airline Navigates Regional Disruptions to Achieve $903 Million Half-Year Profit
Emirates airline reported a $903 million half-year profit, a 66% decrease year-on-year, due to regional disruptions and high fuel costs. Despite a 13% drop in revenue, the airline's strong business model and cargo operations contributed to its resilience.
EconomyEmirates Group Soars to $980 Million Half-Year Profit Amidst Regional Headwinds and Rising Fuel Costs
Emirates Group has achieved a $980 million profit in the first half of its fiscal year, demonstrating resilience against regional challenges and higher fuel expenses. Revenue for the period reached $66.2 billion.
EconomyUAE Fuel Prices Unexpectedly Fall in November, Reversing Trend Amidst Middle East Tensions
UAE petrol prices will decrease in November, the first drop in four months, defying expectations after a surge in global oil prices. Despite the reduction, prices remain significantly higher than earlier in the year due to ongoing Middle East tensions.
MiscellaneousHaze Impact: Indonesians Detail Livelihood Struggles Amidst Rising Fuel Costs
Indonesians are sharing the profound impact of the haze on their livelihoods. Rising fuel costs are also mentioned as a factor affecting transportation, with passengers reportedly disembarking from a cruise ship.
EconomySoaring Fuel Prices Lead to Cruise Ship Passenger Shortage
The cruise industry is facing a downturn as escalating fuel prices lead to a reduction in passenger capacity on ships. This situation is forcing cruise lines to adjust their operations and potentially increase fares.
MiscellaneousSoaring Fuel Costs Force Luxury Cruise Ship to Halt Multiyear Voyage in Cambodia, Stranding Passengers
A luxury cruise ship, the MV Odyssey, has suspended its multiyear voyage in Cambodia due to soaring fuel costs, leaving hundreds of passengers stranded. The operator cited a dramatic increase in Asian fuel prices, making continued operation unsustainable.
EconomyDubai Inflation Edges Up in September Amidst Fuel Cost Surge Driven by US-Iran Tensions
Dubai's inflation rate rose by 5.03% in September, primarily due to increased fuel and transport costs linked to the US-Iran conflict, although the overall inflation rate slowed compared to previous months. Despite these pressures, Dubai's non-oil economy continues to show strong growth.
EconomyUAE School Bus Operator Emirates Transport Shields Parents from Rising Fuel Costs
Emirates Transport has assured UAE parents that rising fuel costs will not affect school bus fees, thanks to improved route efficiency and advanced technology.
EconomyGlobal Petrol Prices Surge Across 145 Countries Following War in Iran
Petrol prices have surged in at least 145 countries over the past six months following the war in Iran, driving up transportation and food costs globally.