Abu Dhabi

Abu Dhabi: Unvaccinated visitors now allowed to enter cultural sites, events

However, they would require a negative PCR test not older than 48 hours to do so

ADNOC

UAE’s ADNOC awards agreements worth Dhs2.4bn to support upstream growth

Over 65 percent of the award value could flow back into the UAE economy under ADNOC’s In-Country Value programme

UAE’s Emirates Steel’s exports reach 56 markets in 2020-21

Emirates Steel’s exports represented 45 per cent of its total sales volumes last year, with the balance sold within the UAE

Saudi Arabia’s real GDP grows 3.2% in 2021

The kingdom’s real GDP grew by 6.7 per cent in the fourth quarter of 2021

Dubai’s real estate market backed by strong buyer appetite

Husni Al Bayari, chairman and founder of D&B Properties as well as portal, houza, shares his outlook for the real estate sector

Falcon Island by Al Hamra

Al Hamra unveils Dhs1bn Falcon Island residential project in Ras Al Khaimah

The North Island will be constructed in Phase 1 and will consist of 240 villas, ranging from two- to seven-bedrooms, with prices starting from Dhs1.2m

Kuwait’s Ali Alghanim plans rare family-owned local listing

The company will sell a 45 per cent stake in the listing

UAE’s e& offers to boost stake in Mobily in $2.12bn deal

E& offered SAR47 a share for a higher stake in Mobily, a 22.2 per cent premium to its Tuesday’s closing price

Louvre Abu Dhabi

Aldar Properties launches world’s first Louvre-branded residences in Abu Dhabi

Located within Saadiyat Grove, Louvre Abu Dhabi Residences will feature 400 apartments including five penthouses

Dubai’s Global Village announces extension till May

The 26th season of the multicultural family destination is currently underway

Selfologi launches the region’s first cosmetic treatments marketplace

The digital platform redefines how consumers discover, learn about, and book cosmetic treatments

Amazon.ae reveals dates for ‘Ramadan Sale’

The sale will run for ten days, with deals on more than 30 product categories

Vaccinated and unvaccinated UAE residents can now visit Israel

Travellers from the UAE will still have to present a negative PCR test taken before departure and after arriving in Israel

UAE reports 318 Covid-19 cases, 1,073 recoveries

The nationwide case count has risen to 886,301

UAE’s Masdar announces start of construction for solar PV plant in Azerbaijan

Masdar also signed agreements related to the development of additional clean-energy projects across the country

Dubai Metro Music Festival

Here’s where you can catch the Dubai Metro Music Festival

It will be held from March 16-22 across five metro stations in the emirate

Emirates

Emirates Skywards and ICICI Bank to launch new co-branded credit card in India

India is home to Emirates Skywards’ fifth largest membership base

Dubai airport

Woman caught smuggling 5.6kg of cocaine at Dubai International Airport

The woman, arriving from a Latin American country, concealed the drugs in a hidden compartment in her suitcase and in bottles of body-care products

UK’s Johnson to meet UAE, Saudi leaders this week

Saudi Arabia and the UAE pump more than 13 million barrels a day of oil between them

Wizz Financial to introduce live digital payment platform in the UAE

Wizz Financial will partner with NPCI International Payments (NIPL), the international arm of National Payments Corporation of India

UAE reports 280 Covid-19 cases, 947 recoveries

The nationwide case count has risen to 885,983

Ramadan 2022: Private sector working hours announced in UAE

The reduced hours will be applicable throughout the holy month of Ramadan

Dubai’s Emirates to commence daily service to Tel Aviv in June

The first flight taking off from Dubai on June 23 will operate as EK931

Bahrain’s Central Bank issues operating licence to Binance

Bahrain is the first GCC country to issue regulatory approvals to the blockchain and cryptocurrency infrastructure provider

E-commerce

UAE e-commerce market valued at over $5bn in 2021

Total e-commerce in the UAE is projected to cross $8bn by 2025

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approves Services 360

Sheikh Hamdan approves Services 360 policy to improve Dubai Government services

The initiative is expected to achieve annual financial savings exceeding Dhs1bn over the next five years and the elimination of nine million physical customer visits to service centers annually

Saudi pharma retail chain Al-Dawaa surges in trading debut

The shares surged as much as 18 per cent to SAR86.1

Dubai Electricity and Water Authority

Dubai Electricity & Water Authority to sell 6.5% stake in IPO

The offer price range will be announced on March 24 with an expected trading debut on April 13

UAE announces guidelines for Ramadan Iftar tents

Iftar tents should open two hours before Iftar time to avoid congestion

UAE’s Cartlow and Eros partner to support digital decarbonisation

The partnership aims to increase the life cycle of products and reduce e-waste from entering landfills