Abu Dhabi Securities Exchange partners with FTSE Russell to create new benchmark indices

The FTSE ADX General Index will replace the ADX General Index, as of January 10

Dubai taxi

Dubai Taxi to add 2,219 vehicles to fleet, including 1,775 hybrids

The total number of hybrids operated by Dubai Taxi will rise to 4,105, accounting for 71 per cent of its entire fleet

Power Letters 2022: Nabil Habayeb, SVP – GE, president and CEO – GE International Markets

With our partners, we are focused on solutions that seek to make aviation more seamless and sustainable

Dubai Airport freezone

Dubai Airport Freezone launches ‘Talent Pass’ licence for freelancers

It allows its holders to obtain a residence visa for three years, in addition to renting office space provided by the freezone

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

Sheikh Mohammed issues decrees regulating Dubai Chambers

The legislations include a decree establishing Dubai Chambers as a new entity that replaces the Dubai Chamber of Commerce & Industry

Power Letters 2022: John Pagano, CEO, The Red Sea Development Company and Amaala

Our approach not only defines success based on economic value, but applies a regenerative lens to go beyond simply protecting the ecosystems

Power Letters 2022: Colm McLoughlin, executive vice chairman and CEO, Dubai Duty Free

Dubai International Airport is forecasting around 56 million passengers and we expect our revenue to continue to grow in line with that

Emirates to resume flights between Dubai and Uganda

Passengers travelling to Dubai and transiting in Uganda will also be allowed to travel

Hisham Khalid Tawfiq Abdulkhaliq

ADQ appoints new chairman of Abu Dhabi Securities Exchange

Hisham Khalid Tawfiq Abdulkhaliq Malak also serves as the undersecretary of the Department of Finance

Dr Manfred Bräunl, CEO of Porsche Middle East and Africa FZE

Porsche outlines its comprehensive strategy for the Middle East

Porsche saw strong performance in the Middle East in 2021, backed by new models and local collaborations. Dr Manfred Bräunl, CEO of Porsche Middle East and Africa, reveals the brand’s mobility strategy going forward

UAE reports 2,627 Covid-19 cases, 930 recoveries

The nationwide case count has risen to 780,211

UAE economy forecasted to grow 4.2% in 2022

The growth in the oil sector’s gross domestic product is set to be at 5 per cent this year

First Abu Dhabi Bank appoints Suhail Bin Tarraf as chief operating officer

Bin Tarraf, who served as chief operations officer at Dubai-based Emirates Islamic Bank, will be partially replacing Fadel Al Ali

Dana gas

Dana Gas reports 2021 collections from Egypt and Kurdistan of $377m

It marked a 107 per cent year-on-year rise over the $182m it received in 2020

Pandemic travel

Israel to end Covid travel restrictions to several countries including UAE, UK and US

The travel ban was put in place in December as an effort to prevent people infected with coronavirus from entering the country

Saudi Arabia cuts oil prices for Asia buyers as OPEC adds supply

On Tuesday OPEC+ decided to increase production in February by 400,000 barrels a day

Power Letters 2022: Dr Khalid Omar Al Midfa, Chairman, Sharjah Media City

Our goal is to establish a dynamic filmmaking industry that reflects the realities of Emirati and Arab societies

Aljada Discovery Centre Arada

Sharjah’s Arada posts 38% rise in sales in 2021 to Dhs2.41bn

Arada sold 2,488 homes last year, 6 per cent more than the year before

abu DHabi

UAE’s Mubadala-backed Reef and Americana partner to open cloud kitchens across MENA

The cloud kitchens will operate Reef, Americana and third-party brands as well throughout the Middle East and North Africa

Manchester City announces global partnership with Abu Dhabi’s Masdar

Masdar is focused on developing renewable energy projects across the Middle East and North Africa and broader international markets

John Martin St. Valery

Leveraging opportunities for growth in UK-UAE business ties

John Martin St. Valery, chairman of the British Business Group in Dubai, shares his outlook for the year and tells us why it bodes well for British businesses in the emirate

UAE reports 2,687 Covid-19 cases, 902 recoveries

The nationwide case count stands at 777,584

Tanvir Kanji, head of Inca Tanvir, an independent integrated communications company and marketing and PR consultancy

Remembering UAE-based Inca Tanvir Advertising founder Tanvir Kanji

Kanji set up one of the Middle East’s first full-service advertising agencies in 1976 in Sharjah

Dubai’s Emirates named the world’s safest airline

The Middle Eastern airline came out on top in a study of 25 airlines conducted by the Hamburg-based Jet Airliner Crash Data Evaluation Centre

Covid-19: Schools in Dubai can move to distance learning for 48 hours without prior approval – KHDA

The education regulator has said that all students above the age of six, and all adults at school, must continue to wear masks properly

Emirates

Emirates suspends flights between Dubai and six African destinations

The airline will operate one-way flights from Dubai to six other countries

OPEC output boost severely limited as African members struggle

The Organization of Petroleum Exporting Countries added just 90,000 barrels a day in December

Power Letters 2022: Arif Amiri, CEO, DIFC Authority

Amidst a global pandemic, DIFC achieved its 2024 Strategy growth targets three years ahead of schedule in the first half of 2021

Dubai records real estate transactions worth Dhs300bn in 2021

The Dubai Marina area saw the highest number of transactions

UAE covid-19 vaccine

Covid-19: Health ministry issues guidelines on eligibility, timelines for booster jabs in UAE

Vulnerable individuals who took the Sinopharm vaccine have been advised to take their booster shot three months after the second dose