uae Adnoc

UAE’s ADNOC L&S to acquire two new-build LNG vessels built in China

Each vessel will have a capacity of 175,000 cubic metres – enough to power 45,000 homes for a year

Abu Dhabi invests in Egyptian firms to help shore up economy

Egypt’s central bank held a special policy meeting in March and hiked interest rates for the first time since 2017

Emirates launches platform to book bespoke Dubai, UAE itineraries

The carrier’s Dubai Experience platform is available in 19 countries

UAE’s DMCC records 665 new company registrations in Q1 2022

It the best first quarter since the inception of the freezone in Dubai 20 years ago

The SME Story: Armin Moradi, co-founder and CEO of Qashio

The enterprise-grade expense management platform offers real-time tracking of business expenses

Dubai Investments divests 50% stake in Emicool, forms JV with Actis

The joint venture between Dubai Investments and Actis is aimed at supporting Emicool’s operations in the wider MENA region

Dubai utility surges after pulling off year’s second-biggest IPO

The IPO valued DEWA at $33.8bn

Sheikh Mohammed bin Rashid Al Maktoum

UAE Cabinet approves establishment of Council for Digital Economy

The UAE Digital Economy Strategy aims to double the contribution of the digital economy to the GDP from 9.7 per cent to 19.4 per cent within the next ten years

Mideast asset manager Investcorp seeks cash for blockchain fund

The eLydian Lion fund will be based in Abu Dhabi

EFG Hermes hires Saud Altassan as CEO for Saudi business

Altassan was the head of investment banking for Bank of America in Saudi Arabia

Eid Al fitr 2022 uae

Revealed: Likely date for Eid Al Fitr 2022 in UAE

Ramadan is predicted to extend for 30 days this year

How the 2022 edition of the Dubai International Boat Show elevated the global yacht industry

The Dubai International Boat Show which took place last month highlighted the resilience of an industry that fought its way through a difficult two-year period to come out stronger than ever on the other side

UAE reports 208 Covid-19 cases, 567 recoveries

The nationwide case count has risen to 894,070

Dubai’s dnata inaugurates new cargo centre at London Heathrow airport

In 2021, dnata handled in excess of 500,000 tonnes of cargo in London

Electric scooters permitted in 10 districts across Dubai, RTA and Dubai Police announce

RTA called on cyclists to park the shared electric scooters in the designated parking spaces only

Binance receives in-principle approval from Abu Dhabi Global Market

Upon completion of the application, Binance will be able to offer services regarding virtual asset offerings to customers across the MENA region

Joe & The Juice enters Middle East market ahead of IPO, CEO says

The Copenhagen-based chain will open its first stores in Qatar and Dubai next quarter before setting up shop in Saudi Arabia, Kuwait, Bahrain and Oman by the end of the year

Dubai

Dubai issued 24,662 new business licences in Q1 2022, up 58% y-on-y

Fifty-seven per cent of the new business licences issued were under the professional category and 43 per cent were commercial

Expo 2020 Dubai: What legacy has it left in its wake?

Positioned as the ‘world’s greatest show’, Expo 2020 Dubai has drawn to a close. What impact did it have?

In pics: UAE’s one billion meals initiative begins distribution in five countries

The Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment is distributing food parcels containing basic staples such as flour, rice, oil, sugar and dates to beneficiaries

UAE’s GDP grows 3.8 per cent in 2021, beating international expectations

Its GDP reached Dhs1.489tn at current prices, with the growth rate for 2021 reported to be the highest in the region

Etihad Airways could post annual profit for 2022, ahead of plan, CEO says

Tony Douglas confirmed that the carrier turned profitable in the first quarter

Abu Dhabi

Abu Dhabi reports 21.5% growth in new economic licences in 2021

There were 24,077 commercial sector licences issued in 2021, up 21.4 per cent year-on-year

Getty Images

Saudi Arabia, UAE to give $3bn to Yemen in new peace push

Saudi Arabia will also provide $1bn for the purchase of oil products and to support of development projects

In pics: Dubai’s most expensive residential villa on Palm Jumeirah

The ten-bedroom property with its private beach has just sold for Dhs280m

Dnata Cologne Bonn Cargo Centre

UAE’s dnata expands global cargo operations by entering Germany

It has planned to acquire 100 per cent shares of Wisskirchen Handling Services, the exclusive operator of the Cologne Bonn Cargo Centre

Dubai CommerCity launches e-commerce academy with AstroLabs

The platform intends to increase the UAE’s e-commerce talent pool by enhancing individuals’ techno-functional abilities in the same field

Covid-19

Abu Dhabi: Covid-19 testing requirements outlined for private school students

ADEK has confirmed that all students, including those who are unvaccinated, must return to their campus in the new term

KHDA introduces fees fact sheet for private schools across Dubai

The fact sheet includes all fees a school may charge during an academic year