Business
Emirates sets June 23 date for Tel Aviv launch
Emirates has confirmed that it will be commencing daily services to Tel Aviv from 23 June 2022. Emirates will operate its three-class Boeing 777-300ER on the route, featuring eight private suites in First Class, 42 lie flat seats in Business Class and 304 spacious seats in Economy Class.
Adnan Kazim, Chief Commercial Officer, Emirates Airline said: “We look forward to finally welcoming customers onboard our flights to and from Tel Aviv this summer, and offer them substantial connectivity to and through our Dubai hub as COVID travel restrictions continue to ease around the world and more borders open up. In addition to unlocking tremendous pent-up demand, Emirates’ debut into Israel will mean more choice for travellers as they return to the skies, and more opportunities for businesses to visit Dubai and beyond to our far-reaching network of almost 130 destinations, alongside our signature hospitality and award-winning onboard experience.”
He added: “Emirates is committed to creating new opportunities for business and tourism, and strengthening the bilateral ties between the UAE and Israel. We are confident that our new services will have a positive impact on enhancing Israel’s connectivity to a wealth of global destinations, and we thank the UAE and Israeli authorities for their ongoing support in making this service possible.”
The first flight taking off on 23 June will operate as EK931, leaving at 15:50hrs, and arriving at Ben Gurion Airport at 18:00hrs local time. The return flight EK 932 will depart Tel Aviv at 19:55hrs, arriving in Dubai at 23:59hrs (local time). Flight schedules have been timed to provide convenient access to Dubai, and optimum connection opportunities to popular holiday destinations like Thailand, India, Philippines, the Maldives, Sri Lanka and South Africa.
Together with multiple-daily codeshare flights operated by flydubai, the new Emirates flights will also offer seamless inbound connections from Emirates points with multiple daily and weekly flights throughout Australia, India, Philippines, Thailand and South Africa, many of which are home to thriving Jewish communities. Travellers from the United States and Brazil can opt to stop for the Dubai Stop Over package before they continue their journey to Tel Aviv, which includes stays at some of the world’s best hotels, sightseeing at the newest landmarks the city has to offer, among an abundance of other activities.
In 2021, Israel was ranked as one of Dubai’s top 20 source markets, according to Dubai Department of Economy & Tourism, and that ranking is set to build up even further as the city continues to welcome more visitors in 2022 with its ever-expanding list of experiences and diverse offerings.
Travellers with Emirates will enjoy an unparalleled onboard experience with personalised touches and modern innovations throughout their journey, including Emirates’ award-winning products and warm hospitality provided by its multinational cabin crew. Customers will be able to enjoy Emirates’ ice entertainment system with over 4,500 channels of on-demand entertainment to choose from, including numerous Hebrew language movies including Yoter Mema Shemagia Li, Happy Times, Isha Ovedet, Africa, The Electrifiers and Asia.
Emirates was also recently the first airline to offer the critically acclaimed documentary, Amen-Amen-Amen, which tells the story of co-existence, mutual respect and friendship between Muslims and Jews in the UAE and the historic gift of a Torah Scroll to its leadership.
The new service to Tel Aviv will also provide 20 tonnes of cargo capacity on each flight, providing channels for Israeli businesses and start-ups to export products like pharmaceuticals, high-tech goods, fruits and vegetables and other perishables. The flights are also expected to transport manufacturing raw materials and components, semiconductors and e-commerce parcels into Israel.
Emirates Holidays, the tour operating arm of the airline will also provide Israeli travellers with personalised holidays to Dubai and across the Emirates network, with travel consultants that handpick hotels and experiences to suit the diverse needs of Israeli customers. Packages also include reassurance at every step, value for money on combined flights and hotel, meals and extras, low deposits, flexible booking policies, and 24/7 support. In addition, Emirates Skywards members can enjoy 20% Skywards bonus miles on their next booking with Emirates Holidays.
Emirates has an extensive Middle East network and currently flies to 12 cities across the region from Dubai.
Business
Ambeon Securities hosts exclusive investor forum on Sri Lanka’s economic and market outlook
Ambeon Securities recently hosted an exclusive investor forum, bringing together clients, investors, business leaders, and market professionals for an insightful discussion on Sri Lanka’s economic outlook and investment opportunities amidst a challenging global landscape.
The event was organized with the objective of providing investors with valuable insights to make better-informed investment decisions while further strengthening the firm’s engagement with its growing client base.
The forum featured Baqar Zaidi, Director and Chief Economist for Sri Lanka and India at Citi Research, as the keynote speaker. Sharing his perspectives on the evolving global macroeconomic environment, Mr. Zaidi discussed key themes influencing emerging and frontier markets, Sri Lanka’s economic trajectory, and the opportunities lie ahead.
The keynote address was followed by an engaging panel discussion comprising Baqar Zaidi, Aravinda De Silva, respected investor, entrepreneur, and the Chairman of Arcasia Holdings. Hasitha Premaratne, Group Managing Director of Brandix and Asanka Herath, Chief Executive Officer – Unit Trusts and Head of Equities at LYNEAR Wealth Management.
Moderated by Imran Furkan, the panel explored a range of topics including Sri Lanka’s macroeconomic outlook, the future of the Colombo Stock Exchange, sectoral opportunities, capital allocation strategies, investor confidence, and the role of policy reforms in attracting investment and supporting long-term growth.
Speaking at the event, Charith Kamaladasa, Chief Executive Officer of Ambeon Securities, reaffirmed the company’s commitment to facilitate quality insights, informed perspectives, and meaningful dialogue to support their clients while building lasting relationships with them. He noted that in an environment where uncertainty has become the new normal, equipping investors with timely information and expert perspectives is essential for successful wealth creation.
The event was well attended by a distinguished gathering of institutional investors, high-net-worth investors, and business leaders. Among those present were members of the Ambeon Group Board, including Group Chairman Sujeewa Mudalige, Group CEO Dr. Sajeeva Narangoda, and Chairman of Ambeon Securities Mangala Boyagoda. Their presence, together with the participation of Ambeon Group shareholders and valued clients, enriched the discussions and contributed to a vibrant networking session, fostering meaningful dialogue and stronger connections within the investment community.
Through initiatives such as this, Ambeon Securities continues to reinforce its commitment to helping clients navigate evolving market conditions, make informed investment decisions, and achieve their long-term financial goals.
Business
Tata Group leads humanitarian education support initiative with DIMO and ChildFund
The Tata Group, in partnership with ChildFund and DIMO, has successfully implemented a humanitarian education support initiative for disaster-affected schoolchildren in Sri Lanka, reaffirming its commitment to helping communities recover from the impacts of Cyclone Ditwah and the subsequent floods.
Following a formal request for support from Sri Lanka, an on-ground assessment was conducted in December 2025. Recognizing the urgent need, several Tata companies joined forces to implement the response program.
As part of this initiative, the ‘Hope in a Backpack’ programme, which provides disaster-affected children with essential educational supplies, was launched by the Tata Group at Taj Samudra, Colombo, in the presence of the Chief Guest, Hon. Prime Minister Dr. Harini Amarasuriya; the Guest of Honour, Hon. Indian High Commissioner Santhosh Jha; Ranjith Pandithage, Chairman of DIMO; Chacko Thomas, Group Chief Sustainability Officer, Tata Sons; and Aditi Ghosh, Country Director, ChildFund.
This initiative is part of DIMO’s Social and Community Pillar, under the project theme ‘Lassana Hetak,’ which focuses on giving the future generation a helping hand towards a better future.
This collective effort was further strengthened by volunteers from Tata and DIMO, who actively mobilized on the ground to pack, distribute, and support affected communities. During the proceedings, specially invited schoolchildren received the backpacks with essential supplies as well.
Commenting on the partnership, Ranjith Pandithage, Chairman of DIMO, said: “DIMO is proud to collaborate on this meaningful initiative alongside the Tata Group and ChildFund as the local implementation and logistics partner. Our relationship with Tata spans more than six decades and has been built on a shared commitment to ethical business practices, trust, and creating lasting value for the communities we serve. These values have shaped our partnership over the years, extending beyond business to initiatives that make a meaningful difference in people’s lives.”
Business
NovaNest Properties launches Rainbow Apartments in Ratmalana
NovaNest Properties (Pvt) Ltd has officially launched Rainbow Apartments, a new residential development in Ratmalana. The announcement was made at an official launch event held at the Shangri-La Hotel, Colombo, marking the company’s latest addition to Sri Lanka’s growing apartment market.
The development is designed to cater to homebuyers seeking modern urban living, as well as investors looking for long-term value. Rainbow Apartments is located in Ratmalana, an area of increasing residential interest, and benefits from the suburb’s established social infrastructure, proximity to major transportation links, and accessibility to Colombo.
The project reflects NovaNest Properties’ commitment to delivering quality residential developments that combine contemporary design with practical living. Intended to satisfy the evolving lifestyle demands of today’s homeowners, Rainbow Apartments features thoughtfully designed living spaces supported by modern amenities. These include two infinity pools, a gym, fully functional workspaces, a mini theatre, stylish cafés, a mini-mart, and a children’s daycare. Additionally, it features a full time medical centre backed by Nawaloka Hospitals PLC Colombo, with a 24-hour ambulance service.
Commenting on the launch, the Chief Executive Officer of NovaNest Properties (Pvt) Ltd, Samitha Waidyasekera, said, “Today’s buyers are looking beyond square footage. In addition to providing long-term value, they want homes that are close to the places where they work, learn, and spend their time. With that shift in mind, Rainbow Apartments was created to bring together a strategic location, thoughtful design, and quality construction in a way that will continue to meet buyers’ needs for years to come. Through our promise of ‘Luxury Beyond Expectations,’ we are committed to delivering an elevated lifestyle experience that combines comfort, convenience, and modern living.
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