Business
Emirates Offers Fly Better Tips To Passengers This Summer
Emirates Airlines says it’s expecting more than 80,000 passengers to depart Dubai on busy days this year’s summer holidays.
Accordingly, the Airlines is urging its existing and prospective passengers to adhere to its Fly Better tips to plan their travel journey this June and July.
In a statement, Emirates said that it expects departure numbers to increase significantly just before Eid al Adha on 24 June, and again on the 1 July as many families set off on summer holidays.
Fly Better Tips:
▪︎Emirates advises passengers to arrive at the airport up to three hours before a flight, take note of their boarding time to ensure they reach the departure gate on time, and take advantage of multiple check-in and baggage drop options to reduce time at the airport.
▪︎checking in and getting their digital boarding pass in advance, dropping luggage off beforehand , thereby avoiding airport queues and generally enjoying the world-class airport experience
▪︎ Passengers are encouraged to download the Emirates app on their mobile phone and are reminded that when departing from Dubai, boarding passes are now issued in digital format on the app, or by email when passengers check in online via Emirates.com. Both options allow customers to book and change flights, download a digital boarding pass for most destinations
▪︎Check what meals will be served onboard, book a chauffeur drive service and even pre-select and plan movies to watch via ice inflight entertainment. Online check in and app check in are both open 48 hours ahead of flight departure time.
▪︎To save time, Emirates passengers can drop off luggage at the airport the night before travel at no charge. Passengers who are departing from Dubai can check-in early and drop off their bags 24 hours before departure, or 12 hours before departure if flying to the US or Tel Aviv. Then closer to departure time, they can arrive at the airport and proceed directly to immigration.
▪︎For a slick start to summer travels, passengers can try the brand-new City Check‑in and Travel Store in ICD Brookfield Place, Dubai International Financial Centre (DIFC). Conveniently check in, drop luggage and enjoy the glamorous surroundings, as early as 24 hours and up to 4 hours before a flight. Customers can visit the space and check in anytime from 8:00am to 10:00pm daily, beginning their travel experience with seamless service via self check in kiosks and at dedicated desks with Emirates agents.
▪︎Those starting their journeys from Ajman can also take advantage of a 24‑hour City Check‑in at Ajman Central Bus Terminal. Passengers can check in up to 4 hours before the flight departs, check in baggage, and collect boarding passes, buy a bus ticket for AED 20 and head directly to Emirates Terminal 3, with regular bus departures throughout the day from 4am to 11.30pm. Upon arrival at the airport, travellers can simply continue through to their flight.
▪︎Passengers can also opt to check in at home in Dubai and Sharjah. DUBZ agents complete the check-in process in the customer’s home, hotel, or office, and take the bags to the flight while customers are free to breeze through the airport later. Passengers can book at least 24 hours before a flight and proceed to the airport check-in up to six hours before the flight departs. The Home Check In service is complimentary for First Class passengers.
▪︎Passengers can choose to use Emirates’ self-check-in kiosks at the airport if they haven’t already checked in online. It’s possible to view the travel itinerary, choose a preferred seat and add Emirates Skywards numbers, and use the baggage drop area to check-in bags.
People of Determination can access dedicated support from trained Emirates and airport staff when travelling over the summer period. This includes a pre-planning guide for Dubai International Airport (DXB) for those with hidden disabilities, 2 hours complimentary parking at the airport and access to a dedicated priority lane for check-in, passport control, security and priority boarding if required. Passengers can check the Accessible Travel page on Emirates.com for information and contact their Emirates local office with queries.
▪︎Passengers who wish to save even more time can pre-order Duty-Free Shopping on EmiratesRED.com and get access to exclusive Duty-Free products, which are then delivered to their seat in the air. ▪︎ With over 70 new products this summer, Emirates Red gives passengers the chance to purchase luxury products from Tom Ford, Jo Malone, La Mer and Dolce & Gabbana and many more. The pre-order service is available on most flights, and passengers can shop from 21 days up to 40 hours before their flight. Passengers need to provide their flight details during checkout, and the orders are delivered by cabin crew directly to the passenger’s seat inflight.
Business
IEA chief warns Oil market could enter ‘red zone’ by July as stocks dwindle ahead of summer travel season
Birol said that the single most important solution to the Iran war energy shock is a full and unconditional reopening of the strategically vital Strait of Hormuz..
•Faith Birol
Fatih Birol, executive director of the International Energy Agency (IEA) warned on Thursday that the oil markets could soon enter a “red zone” as global stocks deplete and as demand picks up during the summer travel season.
Birol’s comments came during a Chatham House session on the Strait of Hormuz crisis and global energy security.
Birol said that the single most important solution to the Iran war energy shock is a full and unconditional reopening of the strategically vital Strait of Hormuz.
” If it fails to reopen and no new oil is coming online from the Middle East, an ongoing drawdown in global stockpiles combined with an uptick in demand during the summer travel season means oil markets “may be entering the red zone in July or August,” Birol said, without elaborating further.
The IEA has previously said the global market is facing the most severe disruption in its history. That’s despite, Birol said, the market having benefitted from being in the “fortunate” position of entering the crisis with a surplus to help absorb the shock. These stocks, however, are now eroding, Birol said.
Typically, roughly 20% of the world’s oil and liquefied natural gas passes through the Strait of Hormuz, but shipping traffic has virtually halted since U.S. and Israeli-led strikes against Iran started on Feb. 28.
The IEA chief said the “biggest pain of this crisis will be felt in developing Asia and Africa,” adding that he was just as concerned about the impact of the Iran war on global food security as he was on energy security.
Business
Femi Otedola earmarks $100 million for Dangote Refinery’s IPO
The Chairman of First HoldCo, Femi Otedola, said on Wednesday “From on a personal note, I’ve appealed to him (Aliko Dangote to allocate to me shares worth $100 million private placement, ahead of the Refinery’s initial public offer.”
“That’s one of the reasons I sold my stake in Geregu plant to come and invest my proceeds in the IPO of Dangote refinery.”
Otedola told journalists when he led top executives of First HoldCo on a tour of the refinery and the fertiliser plans in the Lekki free trade zone area.
The team also visited key project sites such as the jetty, a facility built by Dangote industries to receive large vessels.
The private placement is the latest announcement in the refinery’s Initial Public Offering plan, IPO expected later in the year.
Business
CBN Holds Benchmark Interest Rate at 26.5% Amid Renewed Inflation Concerns
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 per cent, maintaining the current stance after its two-day meeting that ended on Wednesday, May 20, 2026.
CBN Governor Olayemi Cardoso announced the decision, noting that the committee voted unanimously to hold all key parameters unchanged. The asymmetric corridor around the MPR remains at +500/-450 basis points, the Cash Reserve Ratio (CRR) stays at 45 per cent for commercial banks and 16 per cent for merchant banks, while the liquidity ratio is retained at 30 per cent.
The hold comes as headline inflation rose for a second consecutive month to 15.69 per cent in April 2026, up from previous levels, driven largely by food inflation at 16.06 per cent and higher transportation costs. Cardoso emphasised the need for a cautious and vigilant approach to anchor inflation expectations and safeguard macroeconomic stability.
This decision aligns with analysts’ expectations ahead of the 305th MPC meeting and follows the first rate cut in years implemented in February 2026, when the MPR was reduced by 50 basis points to the current 26.5 per cent.
The CBN Governor highlighted ongoing reforms, exchange rate stability, and efforts to improve food supply as factors supporting the disinflation process, even as global and domestic risks persist. The next MPC meeting is expected in July.
The retention signals the apex bank’s priority on taming inflation while monitoring the impact of previous policy actions on the broader economy.
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