Air Arabia, an Emirati low-cost airline, has said its net profit surged by 575 per cent year-on-year to Dh209 million in the third quarter.
The Sharjah-based company’s quarterly turnover climbed by 174 per cent to Dh804 million, compared to Dh294 million in the corresponding period last year. The company said the number of its passengers increased by 190 per cent to nearly 2 million during July-September this year.
Air Arabia also registered Dh253 million earnings during the first nine months of the ongoing year with an increase of 219 per cent compared to the same period last year. The company’s first three-quarter turnover grew Dh1.8 billion, up by 42 per cent compared to the corresponding period the previous year.
In a statement, Air Arabia Chairman Sheikh Abdullah Bin Mohamed Al Thani said the ‘positive results’ were backed by the gradual resumption of operations in the third quarter and the company’s cost control measures it adopted since the start of the pandemic.
During the first half of this year, the company included 43 new routes in its international network from its hubs in the UAE, Morocco, and Egypt.
Air Arabia signed an agreement in September with Lakson Group, one of Pakistan’s leading business conglomerates, to launch a new low-cost airline based in Pakistan.
Sharjah City Municipality has introduced a residential parking permit system in Al-Fisht, Sharqan and Al-Rifa’a to reserve parking spaces for residents and prevent misuse.
The new system is aimed at improving parking management and ensuring residents have better access to spaces near their homes.
Inspection campaign
Alongside the rollout, the Municipality has conducted inspections to identify parking violations in the three areas.
One of the main issues found was non-residents parking outside residential properties to avoid paying public parking fees.
Authorities have warned motorists who do not live in these areas against using residential parking spaces.
Violators could face legal and administrative action.
What residents should know
The residential permit system is intended to ensure designated parking spaces are used by eligible residents, while reducing misuse by motorists seeking to avoid public parking charges.
Motorists in Abu Dhabi can use public parking for free and avoid Darb toll charges at four gates on Friday, August 28, for the Prophet Muhammad’s (PBUH) birthday public holiday.
Q Mobility said regular toll and parking charges will resume on Saturday, August 29.
Which toll gates are free?
Darb tolls will be waived on Friday at:
Sas Al Nakhl
Al Maqta
Rabdan
Al Saadiyat
However, Al Qurm and Ghantout toll gates will remain chargeable. Both operate 24/7 at AED 4 per crossing.
Mawaqif parking free
Public Mawaqif parking across Abu Dhabi will also be free on August 28.
The exemption does not cover multi-storey public parking buildings, where normal charges will continue.
Regular Mawaqif fees will return on Saturday, August 29.
Q Mobility Centres Closed
Q Mobility Customer Happiness Centres in Abu Dhabi and Al Ain will be closed on Friday and reopen on Monday, August 31.
Motorists can continue using Q Mobility’s digital services 24/7 through its website, the Darb app and TAMM.
Dubai’s new legislation governing shared accommodation officially came into effect on August 26. Applying across the entire emirate, including free zones and special development zones, the comprehensive framework is designed to eliminate dangerous, overcrowded, and unauthorised partition rentals while establishing formal licensing standards for communal living.
What qualifies as shared housing?
Under the law, shared housing is defined as any residential property where individuals or families occupy private designated living spaces while sharing common facilities like kitchens, bathrooms, and dining areas.
Who is permitted to rent out shared units?
The new framework strictly bans unauthorised subletting by tenants. A primary tenant can no longer rent out individual bedrooms, partitioned spaces, or bed spaces directly to roommates or third parties.
Only the following entities can legally offer shared housing:
Registered Property Owners: Leasing spaces directly to occupants under formal contracts.
Licensed Management Companies: Authorised operators contracted by the owner to run and lease the property.
Licensed Operators Subletting Master Leases: Approved commercial entities leasing an entire property from the owner to sublet authorised units to tenants.
Penalties for violations
Authorities have introduced strict financial and operational consequences for non-compliance:
Initial Fines: Dh500 up to Dh500,000, depending on the severity of the violation.
Repeat Violations: Fines double for repeat offences committed within one year, capped at Dh1,000,000.
Operational Sanctions: Authorities may suspend operations for up to 6 months, revoke commercial licenses, cancel permits, disconnect utilities, seize equipment, or order the direct evacuation of non-compliant properties.
Grace period & tenant protection
Compliance deadline: Existing shared housing operators and property owners have until August 26, 2027, to obtain permits and bring their properties into full compliance.
Protection from sudden eviction: If an operator’s permit is suspended or cancelled, authorities can grant occupants an interim stay period to secure alternative accommodation rather than facing immediate eviction.
Approved property/resident categories
The regulation permits shared accommodation across six distinct property types:
Residential apartments
Detached/standalone houses
Residential complexes
Mixed-use buildings
Attached / adjoining houses
Multi-storey buildings
Permitted occupant groups include families, single men, single women, university students, government personnel, and private sector corporate employees. Corporate and student housing provided directly by employers or educational institutions does not require individual tenancy contracts.