Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE

UAE to issue dollar-denominated dual-tranche sovereign bonds

The bonds will be issued with a 10-year tranche and a 30-year Formosa tranche

World Cup host Qatar demurs on VAT, will wait for ‘right time’

“We will look to the right time to apply such taxes” – Finance Minister Ali Al Kuwari

UK launches negotiations for free trade deal with GCC

The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries

Sheikh Hamdan visits Dubai Chambers

Sheikh Hamdan visits Dubai Chambers, reviews future plans and projects

The Crown Prince stressed the importance of working continuously to consolidate Dubai’s position as an attractive business and investment destination

Amazon Abu Dhabi Delivery Station

Amazon opens its largest delivery station in Abu Dhabi

The 4,700sqm delivery station is the second largest in the country and provides same-day and next-day deliveries to customers

UAE weather update: Temperatures to hit 49°C, NCM issues alert

The UAE recorded its lowest temperature of 21.3°C in Jebel Mebreh at 5.15am local time today

DXB passengers

Dubai’s DXB to welcome 2.4 million passengers from June 24 until July 4

July 2 is expected to be the busiest day, with daily passenger traffic to surpass 235,000

northern runway

Dubai International’s northern runway reopens after upgrade

The first flights were welcomed onto the upgraded runway on the afternoon of June 22

Saudi Crown Prince and King of Jordan

Saudi investments in Jordan amount to $14bn: Saudi Chambers of Commerce and Industry

The figures were cited in an economic report issued by the Saudi Chambers of Commerce and Industry during Saudi Crown Prince Mohammed bin Salman’s visit to Jordan

flydubai network

Three million passengers are expected to travel across flydubai’s network this summer

An average of 8,500 monthly departures are scheduled across flydubai’s network from July to September

UAE reports 1,592 Covid-19 cases, 1,361 recoveries

The nationwide case count has risen to 932,067

Expo City Dubai

UAE to host COP28 summit at Expo City Dubai

The conference is expected to see over 45,000 participants daily, including heads of state, government officials and industry leaders, among others

Emirates statement on operations at London Heathrow

Dubai’s Emirates to operate additional flights for Hajj season

The airline will be deploying 31 additional flights to Jeddah and double daily flights to Medina from June 23 until July 20

Oman Oracle

Oman government implements Oracle Cloud to underpin digital transformation

The implementation led by Oman Information and Communications Technology Group, helps the government run its entire IT estate on Oracle Cloud Infrastructure

Qatar Doha

QatarEnergy selects ExxonMobil as 4th partner in gas project

ExxonMobil will own 25 per cent of a joint venture with QatarEnergy, with the venture in turn holding 25 per cent of the North Field East project

Mastercard Michelin Guide Dubai

Revealed: Dubai’s first Michelin-starred restaurants

The inaugural Michelin Guide Dubai 2022 was revealed with 11 Michelin-starred and 14 Bib Gourmand restaurants

Emirates Mexico

Dubai’s Emirates ramps up frequencies to Mexico with daily service

The Dubai-Barcelona-Mexico route is operated with a two-class Emirates Boeing 777-200LR

Abu Dhabi Fertiglobe

Abu Dhabi’s ADNOC, TAQA, Mubadala enter agreements to acquire Masdar stakes

ADNOC will hold a 43 per cent controlling stake in Masdar’s new green hydrogen joint venture, Mubadala will retain a 33 per cent interest, and TAQA will hold a 24 per cent stake

UAE reports 1,556 Covid-19 cases, 1,490 recoveries

The nationwide case count has risen to 930,475

Etisalat UAE brand identity

Etisalat UAE’s new brand identity revealed

The brand identity is in line with the group’s positioning as a technology and investment conglomerate

Dubai media council

Dubai Media Council launches new initiative for media professionals

The launch of the Dubai Media Council is to support professionals working in local, regional and international media institutions

Carlyle seeks $325m from Gulf Domino’s Pizza operator IPO

Carlyle is selling a 41.7 per cent stake in Alamar, or 10.6 million shares, to institutional and retail investors

Dubai Summer Surprises 2022

Dubai Summer Surprises 2022: Discounts of up to 90% on offer

The 25th edition of this annual event will be held from July 1 to September 4, with a wide range of activities, sales, prizes and entertainment

UAE: Ministry of Finance announces second auction of federal treasury bonds

Bonds amounting to Dhs750m will be offered for a two-year tranche, and Dhs750m for a three years tranche

Ajman finance department

Ajman’s finance department selects Oracle Cloud to bolster emirate’s economy

It will enable the department to increase productivity, reduce costs and improve controls and optimise its supply chain management

UAE reports 1,532 Covid-19 cases, 1,591 recoveries

The nationwide case count has risen to 928,919

Qatar project

Eni wins stake in $29bn Qatari project as gas prices surge

The Italian company will take a 3.1 per cent a stake in the project

Expensive city

Dubai ranks 14th most expensive city worldwide for ultra-wealthy

Shanghai ranked as the most expensive city in the world for high-net-worth individuals

Emirates UAE

Emirates expects over 550,000 passengers to fly out from UAE in June, July

The carrier will be operating close to 80 per cent of its pre-pandemic capacity, or over one million weekly seats this summer

RTA

Dubai’s RTA digital platforms revenue hit Dhs3.5bn in 2021

The number of registered users on the digital service platforms exceeded two million, with almost one million of them being active users