Latest news with #Dh199
Time Out Abu Dhabi
01-07-2025
- Time Out Abu Dhabi
The a massive sale on at Air Arabia right now, here's how to book
If you've been waiting for the right time to book that summer escape, this might be it. Air Arabia has rolled out a wallet-friendly sale with flights from the Abu Dhabi to Chennai starting at just Dh275. The offer is live now and runs until July 6, with travel valid between July 14 and September 30, 2025 – perfect for a post-Eid getaway or a spontaneous trip before school starts again. The wider Air Arabia network is also in on the action too. From Sharjah, passengers can fly to Bahrain and Muscat from Dh149, or head to Dammam, Riyadh, Kuwait, or Salalah for as low as Dh199. One-way tickets to Jeddah, Medinah and Doha start from Dh399, with other destinations like Taif reaching up to Dh574. Deals also extend to South Asia. Alongside Abu Dhabi's Dh275 route to Chennai, Sharjah–Ahmedabad flights start at Dh299, with further offers to India, Bangladesh and Nepal. If you're itching to get out of Abu Dhabi without breaking the bank, this flash sale might be your golden ticket. Just don't snooze – seats are limited and the fares disappear after July 6. Need some travel inspo? Travelling from Abu Dhabi is about to be so much faster Zayed International Airport is the world's first airport to make this change 18 countries offering visa-on-arrival to UAE residents Here's where to go UAE citizens now get visa-on-arrival for India: a game-changer for travellers That quick trip to India just got even easier
Arabian Post
01-07-2025
- Business
- Arabian Post
Summer Skies Just Got Cheaper
Arabian Post Staff -Dubai Sharjah-based carrier Air Arabia has unveiled a limited-time mega sale, offering one-way fares starting from just Dh149. The promotion runs from June 30 to July 6, 2025, and applies to travel scheduled between July 14 and September 30, 2025. The headline offer of Dh149 applies to flights from Sharjah to Bahrain and Muscat, spurring travel demand across the Gulf Cooperation Council. Other GCC destinations such as Dammam, Riyadh, Salalah and Kuwait begin at Dh199, while routes to Abha, Tabuk and Yanbu are priced from Dh298. More premium Gulf destinations, including Doha, Jeddah, Madinah and Taif, come in at Dh399, Dh449 and Dh574 respectively. ADVERTISEMENT South Asian routes feature compelling deals. From Sharjah to Ahmedabad, Delhi and Mumbai, fares are available from Dh299, Dh317 and Dh323. Flights to Thiruvananthapuram start at Dh325, while Abu Dhabi-origin flights include Dh275 for Chennai, Dh315 for Kochi, Dh499 for Dhaka and Dh549 for Chattogram. The sale follows Air Arabia's strong financial performance in the first quarter of 2025. The carrier reported a net profit of Dh355 million for the quarter ending March 31, up 34 per cent from Dh266 million in the same period of 2024. Total turnover rose 14 per cent to Dh1.75 billion, with passenger numbers climbing 11 per cent to 4.9 million and an average seat load factor of 84 per cent. Analysts suggest the promotion is designed both to capitalise on peak summer travel demand and reinforce Air Arabia's market share. 'By launching a mega sale at the start of the summer period, Air Arabia is applying strategic pricing pressure in a highly competitive GCC aviation market,' says aviation expert Sara Al-Mansoori. Her analysis indicates that budget carriers increasingly must balance promotional pricing with yield management to avoid revenue dilution. The broader aviation context in the UAE supports such aggressive offer strategies. Competing airlines, including Etihad Airways, have launched discount initiatives that match heightened travel demand. For instance, Etihad's summer sale offers up to 25 per cent off on round-trip economy fares until July 3, with travel valid from July 20 to September 12. This trend suggests a concerted effort by regional carriers to attract price-sensitive leisure travellers, while also filling seats during off-peak hours or on emerging routes. Air Arabia's capacity expansion further informs its ability to run such promotions confidently. The carrier has added new destinations—including Damascus, with flights resuming 10 July—and expanded its frequency on existing routes. Increased aircraft utilisation drives down unit costs, making low base fares viable while still yielding profitability. Load factors in Q1 support this capacity strategy, reflecting solid uptake even at promotional price points. ADVERTISEMENT Public response has been visible online, with travel-focused X accounts and social media threads echoing enthusiasm. A post on travelobiz's X account states: 'Air Arabia Mega Sale! Fly from Sharjah with one‑way fares starting at just Dh149!'. While social media buzz is expected, confirmed ticket pricing on stock booking platforms like Air Arabia's official website corroborates the offers, affirming veracity beyond promotional headlines. Consumers stand to gain from the competitive pricing, although awareness around baggage charges, seat selection fees and fare restrictions remains crucial. Budget-friendly base fares frequently exclude extras, prompting passengers to weigh overall cost versus perceived savings. Air Arabia's spokesperson advises: 'Travellers should review booking terms carefully—specifically baggage allowances and change fees—to fully assess the total cost.' Industry analysts support this guidance, advising passengers to conduct transparent comparisons including add-on fees. The timing of the sale aligns with school holiday patterns across the GCC and parts of South Asia. Families and leisure travellers planning summer breaks ahead of the academic year can take advantage of the fare window. However, seat availability is expected to be limited on popular routes, potentially applying pressure on consumers to book early to secure the advertised fare. From a competitive standpoint, low pricing may pressure other Gulf-based budget carriers, including flydubai. Market observers anticipate a wave of counter-promotions in the coming days, particularly targeting overlapping city pairs such as Sharjah‑Muscat and Sharjah‑Doha. For travellers, this could spell continued availability of discounted fare options through July. In addition to stimulating short-term travel, the sale reinforces Air Arabia's brand as a value-focused carrier, reinforcing its positioning among price-sensitive travellers. Its Q1 financial success supports ongoing network expansion and promotional flexibility, allowing the airline to use pricing as a strategic lever while preserving profit margins.
Khaleej Times
20-04-2025
- Business
- Khaleej Times
Ajman Bank posts Dh145 Million profit before tax in Q1 2025, reflecting 24% growth
Ajman Bank has posted a profit before tax of Dh145 million in Q1 2025, reflecting a 24 per cent increase. The bank reported the net operating income of Dh199 million, up by 2 per cent for Q1 2025, reflecting continued strength in core business performance with continued focus on strong recoveries, cost rationalization, increasing efficiencies through digitization and automation of IT infrastructures. These results are underpinned by a robust balance sheet growth, with total assets reaching Dh25 billion (up by 7 per cent), customer deposits rising to Dh21 billion (up by 8 per cent), and total shareholder equity standing at Dh3.1 billion (as compared to 2024 year end). The bank's capital position and asset quality continue to demonstrate solid improvement year-on-year as well as on a sequential quarterly basis. The capital adequacy ratio (CAR) stood at 18.2 per cent with Tier 1 capital at 17.0 per cent. Return on shareholder equity (ROE) was reported at 17.4 per cent (up by 161 bps), while return on assets (ROA) stood at 2.3 per cent (up by 49 bps). The non-performing loan (NPL) ratio improved to 9.7 per cent (from 9.9 per cent as of 2024 year end). Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Chairman of Ajman Bank, said, 'The progress of Ajman Bank reflects the strength of our vision for Ajman's future and the pivotal role financial institutions play in shaping resilient and inclusive economies. As the banking sector continues to evolve, Ajman Bank stands at the forefront—guided by sound governance, national values, and a commitment to responsible growth. This achievement is not only a reflection of performance, but of purpose. I commend the Board, management, and every member of our team whose dedication and professionalism continue to drive our journey forward and contribute to the broader success of the United Arab Emirates.' Mustafa Al Khalfawi, CEO of Ajman Bank, stated, 'Ajman Bank's Q1 2025 results reflect the strength of our ongoing transformation and our ability to deliver consistent, value-driven performance. We remain focused on creating long-term value for our shareholders while continuing to invest in innovation, human capital, and customer-centric solutions. Our commitment to speed, service, and specialization continues to shape a bank where customer experience, innovation, and impact are at the core of everything we do. I am deeply grateful to our Board of Directors, our exceptional team, and our valued customers for their continued trust and loyalty. We are also proud to contribute to the growth of the resilient and dynamic UAE economy, which continues to offer a strong foundation for sustainable progress. Together, we are shaping an institution that is agile, responsible, and fully aligned with the future of Islamic finance.'
