ENVI Lodges reveals ENVI Al Sifah in Oman (Image: Supplied by ENVI Lodges)

ENVI Lodges announces second resort in Oman

ENVI Al Sifah will open in late 2025 and will feature 40 luxury tents

VIRGIN ATLANTIC

Virgin Atlantic jet to lift off for maiden transatlantic flight on low-carbon fuel

Aviation accounts for an estimated 2-3 per cent of global carbon emissions

UAE to announce petrol prices for December soon

UAE to announce petrol, diesel prices for December; will rates drop further?

The fuel price committee reduced the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 0.41 fils per litre in November

Abu Dhabi International Airport - UAE megaprojects

Abu Dhabi Airports anticipates over 22 million travellers in 2023

Top international events and an increase in airport capacity is pushing up air passenger numbers

cop28 - climate talks

Explainer: What’s the plan for this year’s COP28 climate summit?

The EU and US have said they will put money in the climate damage fund at COP28

app

UAE consumers among the most demanding globally for seamless app experiences

Key findings from the research indicate a significant shift in consumer behavior and expectations

ADDED launches SME finance facilitator programme

ADDED launches SME finance facilitator programme

The programme aims to foster trust between SMEs and financial institutions, and lead to collaborative credit assessment

ADGM - JP MORGAN

JP Morgan to expand payments, corporate banking services in Abu Dhabi

The bank had set up a legal entity in ADGM in 2021, but has had a physical presence in the UAE for more than a decade

Flynas becomes first Saudi carrier to join UNWTO (Image: Supplied by flynas)

Flynas becomes first Saudi carrier to join UNWTO

UNWTO’s members include more than 500 companies, educational and research institutions, and NGOs

Dubai RTA and Careem school rides service sees great demand Image Dubai Media Office

Dubai: School Rides service by Careem, RTA sees rising demand

The cost of the trip is 34.5 per cent less than the cost of the regular limousine services offered by Careem

Dubai Future Forum begins on Nov 27 GettyImages-1233733212

World’s largest gathering of futurists convene in Dubai on Nov 27

Dubai Future Forum will convene 2,500 experts and 150 speakers, hailing from more than 100 countries

SEVEN Abha unveiled in Aseer Image supplied

Saudi’s SEVEN unveils SAR1.3bn entertainment destination in Aseer

The entertainment destination is centrally located between the cities of Abha and Khamis Mushait, and will be developed with an investment of over SAR1.3bn

ADNOC opens H2GO - the regions first high-speed hydrogen refuelling pilot station Image WAM

ADNOC unveils high-speed green hydrogen refuelling pilot station

The station, located in Masdar City, will produce green hydrogen from water, using an electrolyser powered by clean grid electricity

NYE 2023 - Emaar reveals what's in store for visitors at Burj Khalifa and dubai Fountain Getty Images

NYE 2023: Burj Khalifa fireworks, Dubai Fountain show, Emaar reveals plans

According to Emaar, 15,682 pyrotechnic elements will be featured in the special fireworks, laser and light show, with each having a distinct firing sequence

16th edition of EMIRATES AIRLINE FESTIVAL OF LITERATURE to start on January 2024 Image Supplied

Emirates Airline Festival of Literature returns in Jan 2024

Tickets for the festival, along with the full speaker lineup and programme details, will be available for purchase starting December 14

DFM to launch carbon credits pilot programme at COP28 Image Dubai Media Office X

Dubai Financial Market to launch pilot carbon credits programme at COP28

DFM will commence the pilot programme for institutional investors starting from December 4-8, with the offsetting period ending on January 10, 2024

Les Roches-managed Hospitality Academy to open in Abu Dhabi Image supplied

Abu Dhabi: Les Roches managed hospitality academy to open in 2024

Les Roches ranks fourth in the world’s higher education institutions for hospitality and leisure management

markets

Global markets: Five countries to watch this week

From the upcoming climate conference in UAE, to inflation numbers in the US, and China’s GDP targets, a look at what the markets are tracking

oil price

Why OPEC+ members find it hard to agree on oil production quotas

Oil production tends to vary month by month, making it difficult to fix on a permanent production target

aviation industry emissions

UN aviation meeting agrees to goal of 5% lower carbon emissions by 2030

The air transport sector has previously pledged to align itself with global goals to cut emissions

Sheikh Mohammed endorses 30km Dubai Metro Blue Line project

Dubai Metro expansion: Sheikh Mohammed approves Blue Line project

The new metro line is Dubai’s newest and most significant public transport project and is set to be operational in 2029

Faraday Future targets Middle East drive with aiFalcon model

EV maker Faraday Future forays into Middle East, unveils new model

The automaker plans to launch a limited-edition model, the FF 91 2.0 Futurist aiFalcon, tailored to the local market

UAE dominates corporate aviation in MENA, says aviation body

Business or corporate aviation in the Middle East and North Africa is still predominantly taking place within the UAE, says the Middle East and North Africa Business Aviation Association

Dubai wealth fund ICD posts Dhs28.3bn in half-year profit

Dubai wealth fund ICD posts Dhs28.3bn in half-year profit

The banking and transportation divisions’ respective contributions to the wealth fund’s profit soared by Dhs8.2bn and Dhs7.7bn

Blacklane Middle East expands all-electric fleet tenfold (Image: Supplied by Blacklane Middle East)

Blacklane Middle East expands all-electric fleet tenfold

The luxury chauffeur hailing service launched services in the UAE in March 2023

NZ1 Masdar city's first net zero commercial building completed Image Masdar City

Introducing NZ1, the region’s first net zero commercial building

The building is designed to use 53 per cent less energy than conventional buildings and produce all of its annual energy requirements on-site

Etisalat by e&, DCT Abu Dhabi partner to redefine esports sector

Boost for MENA esports with new Abu Dhabi-backed tie-up

The partnership seeks to nurture emerging gaming talent and elevate local esports events to international gaming benchmarks

UPDATE: UAE announces 3-day weekend for public, private sectors

The UAE Cabinet approved the National Day holiday for the federal government as well as the private sector from December 2 to 4

Informa

Saudi Arabia trade surplus grows to $12bn — GASTAT

The trade surplus in Saudi Arabia remains stable amid continued levels of strong trade in the country

Saudi Arabia’s CMA proposes rules to boost secondary share offerings

Saudi Arabia’s CMA proposes rules to boost secondary share offerings

The market regulator invited participants in the capital market as well as relevant and interested persons to participate in a 30-day public consultation