G20

G20 summit: UAE, Saudi Arabia, India, US announce historic trade corridor deal

The UAE, Saudi Arabia, India, EU, US and other G20 partners agreed to explore a shipping corridor project to augment trade between Europe and Indian subcontinent

Morocco earthquake

Morocco earthquake death toll surges past 1000; UAE issues warning

The death toll has risen to over a 1000 people almost 24 hours since a deadly earthquake struck Morocco

Cityscape Global Saudi to debut in September

Cityscape Global 2023: Riyadh hosts world’s largest real estate event

The global event is expected to attract over 180,000 global stakeholders from across the entire real estate ecosystem

Road closure-Abu Dhabi

Abu Dhabi’s Sheikh Zayed bin Sultan road to be partially closed on these dates

The centre called on motorists to drive cautiously and adhere to traffic rules during the road closure

ROSHN joins UN Global Compact Image ROSHN

This is the first Saudi giga project to join UN Global Compact

Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world

Flydubai-Cairo

Flydubai launches daily service to Cairo

The carrier will serve the Egyptian market with a total of 17 weekly flights

Health survey

Dubai household health survey to start from September 10

The survey, first conducted in 2009, and subsequently every five years, is the most comprehensive household health study in Dubai

Emirates NBD launches-sustainTech program Dubai Media Office

Emirates NBD launches SustainTech Accelerator Program ahead of COP28

The accelerator programme is accepting applications from September 6 to October 10 this year

Etihad significantly expands codeshare with Air France-KLM (Image: Supplied by Etihad)

Etihad significantly expands codeshare with Air France-KLM

More than 40 new routes were made available for booking immediately

Omar Al Olama-TIME-AI

UAE minister Omar Al Olama in Time’s list of 100 most influential people in AI

Omar Al Olama joins the likes of X-owner Elon Musk and Chat GPT creator Sam Altman

Helicopter crashes off UAE coasts

Helicopter crashes off UAE coast, search for crew underway

The UAE aviation regulator said the helicopter had taken off from Al Maktoum International Airport

TAQA lists dual-tranche bonds worth $1.5bn on ADX

Abu Dhabi’s TAQA lists $1.5bn dual-tranche bonds on ADX

The order book was nearly 10 times oversubscribed at the time of issuance in April, with investors placing total orders of more than $15bn

ADNOC Gas signs multimillion LNG supply deal with PetroChina

ADNOC Gas signs multimillion LNG supply deal with PetroChina

The deal follows several significant international LNG sales agreements, including India Oil Corporation

EDB launches solar energy financing programme for SMEs

EDB launches solar energy financing programme for SMEs

The initiative will allocate Dhs100m to bolster the adoption of green energy solutions with a focus on solar energy initiatives

UAE-EU MEET

EU Commission President Ursula von der Leyen meets President Sheikh Mohamed bin Zayed

The meeting looked at various aspects of UAE-EU relationship as well as future opportunities for collaboration

MAF fosters entrepreneurship with Launchpad X

Here’s how MAF is connecting MENA startups with global markets

The Launchpad X concept store is home to a diverse range of local brands that have displayed outstanding innovation and growth potential

UAE holiday list 2024

UAE unemployment insurance scheme: How to apply before deadline

MoHRE’s deadline for eligible employees to subscribe to the unemployment insurance scheme is fast approaching

Emirates adds third daily service to Hong Kong (Image: Supplied by Emirates)

Emirates adds third daily service to Hong Kong

The nonstop flight will commence from November 1

SO/ opens first Middle East property in Dubai (Image: Supplied by SO/ Uptown Dubai)

SO/ opens first Middle East property in Dubai

It features 188 rooms and suites as well as 227 branded residences

driving licence new

UAE driving licence: Check eligibility for RTA’s ‘golden chance’ test

This initiative allows expatriates to take a road test without the need for driving lessons

UAE: Emirate issues new laws to regulate real estate sector

UAE: Emirate issues new laws to regulate real estate sector

The laws aim to help in the development and implementation of plans to drive growth across Umm Al Quwain’s real estate sector

DCAI Accelerator Programmes attract 615 global startups Image Dubai Media Office

Dubai Centre for AI: Accelerator Programmes attract hundreds of global startups

Successful applicants will be invited to Dubai to work closely with government agencies to develop their projects and prepare for their implementation

ADNOC Group to invest in Habshan carbon capture

UAE’s ADNOC Group to invest in Habshan carbon capture

The project will triple the company’s carbon capture capacity to 2.3 million tonnes per annum

Saudi real estate, infrastructure projects top $1.25tn

Saudi Arabia’s real estate, infrastructure projects hit $1.25tn

NEOM, the $500bn megacity, is progressing rapidly, with $70bn of projects now awarded, 45 per cent of which has been completed

Sultan AlNeyadi

‘From Earth to Space and back’: Sultan AlNeyadi in good health after splashdown

The Mohammed bin Rashid Space Centre is yet to announce the date of the astronaut’s return to the UAE

Mohammed bin Rashid witnesses signing of agreement between Masdar and DEWA Image DEWA

Masdar, DEWA ink deal to deliver 6th phase of world’s largest single-site solar park project

The sixth phase of the project, set to be operational in stages starting from Q4 2024, will power over half a million residences while reducing carbon emissions by 2.36 million tonnes annually

Air Arabia

Air Arabia launches three weekly flights to Sri Lanka from Abu Dhabi

The new direct flights will connect Abu Dhabi International Airport to Bandaranaike International Airport starting January 2024

oil price

Saudi Arabia, Russia extend oil cuts until December, crude jumps to highest level in 2023

Oil prices rose above $90 a barrel for the first time in 2023 on the back of the announcements made by Saudi Arabia and Russia

APICORP’s half-year net profit surges by 87

APICORP posts $108.7m in half-year net profit

The corporate banking portfolio grew by 5 per cent YoY to $4.3bn while its net interest income rose by 10 per cent to $45.9m

UAE

UAE announces $4.5bn initiative to support deployment of clean energy in Africa

 The landmark initiative brings together Abu Dhabi Fund for Development , Etihad Credit Insurance, Masdar and AMEA Power among others