Hajj season 2023 electronic visa

Saudi Ministry of Hajj starts issuing e-visas for Umrah

The electronic visa process is part of the country’s efforts to facilitate travel and enable more Muslims to perform Umrah rituals

Samsung and FRAME tap local creators for Galaxy Z Flip4 accessories inspired by UAE cultureSamsung and FRAME tap local creators for Galaxy Z Flip4 accessories inspired by UAE culture image credit Samsung and Frame

Samsung, FRAME unveil Galaxy Z Flip4 accessories inspired by UAE culture, created by local artists

The creations launched at Al Shindaga Museum in collaboration with Dubai Culture are available for purchase online until the end of July

real estate

Dubai’s real estate market reports double-digit surge in June

The emirate’s real estate market has posted its strongest performance for the month of June in a decade

central bank outlines measures to alleviate burden of residential property loans for UAE nationals Image courtesy CBUAE

UAE issues measures to address impact of rising interest rates on property loans for citizens

The notice was issued following approval from the Central Bank of UAE’s board of directors, with the measures coming into effect from July 1

Emirates begins flights to Montreal (Image: Supplied by Emirates)

Emirates commences daily service to Montréal

The airline’s North American network now stands at 14 destinations

eid al adha

Hijri New Year 2023 holiday in UAE: Will we get a long weekend in July?

The Hijri New Year signifies the start of a new lunar year for Muslims around the world

BARAKAH

Barakah One completes refinancing of Barakah plant

The KEXIM loan facilities were refinanced through a competitive market process resulting in the selection of two banks, ADCB and FAB

Qatar Airways begins flights to Lyon (Image: Sourced from Qatar Airways Newsroom)

Qatar Airways begins direct flights to Lyon from Doha

The services will operate every Monday, Wednesday, Friday and Sunday

Emirates NBD introduces carbon market trading -GettyImages-630846210

UAE’s Emirates NBD introduces compliant carbon market trading

The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals

licence

WeRide receives UAE’s first self-driving licence

The licence will allow WeRide to conduct various road testing exercises and autonomous driving operations across the UAE

Wio Bank, ADX partner to enable instant, digital IPO subscriptions

Wio Bank, ADX partner to enable instant, digital IPO subscriptions

The bank allows its customers to digitally create an investor number on the Abu Dhabi bourse and apply for IPO subscriptions

AllianceBernstein

AllianceBernstein opens new office in DIFC to expand Middle East presence

The global investment firm has secured DFSA licence to locally service and advise clients

emirates

Emirates announces job openings for cabin crew, ground staff

The latest recruitment campaign for cabin crew and ground staff follows a record year of growth for the airline and the global aviation sector

Sheikh Hamdan inaugurates phase 1 of waste-to-energy Centre in Warsan Image Dubai Media Office

Sheikh Hamdan launches first phase of world’s largest waste-to-energy project

The facility can process two million tonnes of waste per year without any adverse environmental impact

emaar

Emaar shares push Dubai stocks to 2015 high as economic outlook lifts mood

S&P Global Ratings recently upgraded Emaar Properties based on the strong demand seen in the UAE’s real estate sector

Make the most of summer with these wallet-friendly tips

Summer fun: 5 wallet-friendly tips to enjoy the season

Spending increases significantly during the summer season as people want to be out and about

Red Sea Global

Red Sea Global awards contracts worth $2.4bn to Saudi Airlines Catering

The partnership is expected to create more than 500 new jobs for local talent across the kingdom

Abu Dhabi Global Market introduces Sustainable Finance Regulatory Framework Image ADGM

Abu Dhabi Global Market introduces regulatory framework for sustainable finance

The framework complements ADGM’s existing regulation of carbon offsets, facilitating the establishment of the world’s first regulated carbon offsets exchange and clearing house

Aldar, IHC, ADNEC merge property, facilities management

Aldar, IHC, ADNEC merge property, facilities mgmt assets

The merger adds considerable weight to Aldar Estates, taking its portfolio of residential units under management to approximately 135,000

Steven Gerrard has been named manager of Saudi Arabian side Al Ettifaq

Steven Gerard signed by Saudi Pro League Club Al Ettifaq as manager

Ettifaq are two-time champions but finished seventh in the Saudi Pro League last season

INVESTMENT

Bahrain signs $1.3bn strategic investment deal with UK

The agreement aims to facilitate investment in sectors such as clean technology, business services and manufacturing

Birmingham Airport

Saudia launches first flight to Birmingham Airport

This is a significant step in Saudia’s strategy of expanding its international network and strengthening connections between the kingdom and the rest of the world

Ramada Encore by Wyndham Al Khobar Corniche (Image: Supplied by Wyndham Hotels and Resorts)

Wyndham to open 79-key property in Al Khobar

Ramada Encore by Wyndham Al Khobar Corniche is located in Saudi Arabia’s Eastern Province

Red Sea Global Water sports

Red Sea Global, North Sails collaborate on sustainable sailing and water sports

The partnership will involve North Sails Apparel providing performance apparel for WAMA, RSG’s water sports brand, catering to the needs of their sailing and water sports staff

RTA transports over 6 million riders across Dubai during Eid Al Adha Image courtesy RTA twitter

RTA transports over 6 million commuters across Dubai during Eid Al Adha

The number of metro riders on both the Red and Green Lines during the holiday reached 2.388 million riders

Investcorp invests $100m in communications firm SEC Newgate

Bahrain’s Investcorp invests $100m in communications firm SEC Newgate

The transaction is expected to close between the third and fourth quarter of 2023, subject to regulatory approvals

UAE updates energy strategy, to invest 54.5bn in renewables

UAE updates energy strategy, to invest $54.5bn in renewables

The strategy aims to triple the contribution of renewables to the country’s energy mix by 2030 to reduce the effects of climate change

ADNOC Gas awards natural gas pipeline contracts worth $1.34bn

ADNOC Gas awards natural gas pipeline contracts worth $1.34bn

The pipeline extension will drive further growth as part of the company’s strategy to increase its market share and enhance its customer base

Peter Hellyer image courtesy The National

Obituary: Honouring Peter Hellyer, acclaimed author, historian and filmmaker

Considered a close friend of the UAE, Hellyer leaves behind a legacy that will forever be etched in the country’s history

Fraser Suites Al Liwan Bahrain (Image: Supplied by Frasers Hospitality)

Frasers Hospitality to open third serviced apartment project in Bahrain

Fraser Suites Al Liwan Bahrain will offer 63 units and will welcome its first guests in the fourth quarter of 2023