UAE and Brazil Presidents

UAE President receives President Lula of Brazil

The UAE is one of Brazil’s largest trading partners and President Lula’s visit is expected to boost bilateral relations between the two countries

Dubai property market Morgan Stanley

Morgan Stanley sees cash buyers and Chinese buoying Dubai property

Demand for Dubai real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers

Dubai luxury properties

Dubai: Meeting the demand for luxury real estate

The city remains a lucrative luxury property market, where proactive government policy are fuelling demand from buyers and investors alike

Air Canada Boeing B787-9 Dreamliner

Air Canada to connect Vancouver-Dubai with Boeing 787

The carrier will use Boeing 787 Dreamliner aircraft on Vancouver and Dubai flights, which features three cabins services

UAE central bank

UAE banks record Dhs245.5bn in saving deposits by January-end

The central bank said saving deposits in the banking system have increased in recent years, from Dhs152bn in 2018 to Dhs241.8bn in 2021

Saudi Arabia Crown Prince Mohammad bin Salman

Saudi Arabia opens four new economic zones to boost investment

The economic zones are expected to accelerate growth, increase export competitiveness, attract talent and improve the country’s global links

Mashreq & WorldGBC

Mashreq bolsters sustainability goals by joining World GBC

The collaboration with WorldGBC offers the bank a platform to strengthen its net zero commitments

Etihad Airways Business Class (Image: Supplied by Etihad)

Etihad debuts unlimited and free inflight social media messaging access

Additionally, it will offer unlimited internet data packages on its widebody aircraft for a flat fee

ADNOC Drilling platform

ADNOC Drilling secures $412m contract to develop Upper Zakum oilfield

The contract will enable the efficient delivery of completion services at Upper Zakum field and adds 20 per cent to annual revenue compared with 2022

ADNOC L&S by WAM

ADNOC L&S expands fleet with five very large gas carriers

The carriers have dual-fuel engine technology and use liquified petroleum gas as their primary fuel source

abu dhabi tourism

Abu Dhabi inaugurates new bridge, slashes travel time to 3 minutes

Situated on Abu Dhabi Al Ain Road (E22), the new highway improves traffic flow to and from Bani Yas and other nearby areas

Oman earthquake

Magnitude 5.8 earthquake strikes off the coast of Oman

The 5.8 magnitude earthquake in Oman did not affect the UAE nor felt by any residents

EGA decarbonisation drive

EGA joins Australia’s HILT CRC to advance decarbonisation goals

The UAE firm is the first HILT CRC industry partner with operations entirely outside Australia

TAQA Group CEO and managing director, Jasim Husain Thabet

UAE utility firm TAQA sets up green finance framework

The Abu Dhabi-listed firm said proceeds from the issuances will be used to finance eligible green projects including renewable energy

Gen Zers

Gen Zers have new priorities for Ramadan, reveals AI-powered study

New research by Sila Insights mapped nearly two million online conversations to discover how Ramadan is evolving through changes in demographics and lifestyle choices

Dubai Health Authority

Dubai welcomes 674,000 medical tourists in 2022

The city’s strategic location, exceptional infrastructure and amenities add to the factors that have raised its status as a medical tourism hub

qatar airways cargo

Qatar Airways Cargo launches a direct freighter service from Bogota to Dallas Fort Worth

The once weekly Boeing 777 freighter will offer close to 100 tonnes of cargo capacity

Hamad International Airport

Hamad International Airport teams up with Dell Technologies to drive innovation

The airport chose Dell PowerEdge servers to enhance its infrastructure capabilities

EFG Hermes exit Oman

EFG Hermes shuts Oman operations

The universal bank said the move comes in light of its efforts to drive shareholders’ value by optimising its operations and improving the return on equity metric

Oman Ahli United Bank, Bank Dhofar merger

Oman’s Ahli Bank rejects merger offer from Bank Dhofar

The board of directors studied the non-binding proposal from Bank Dhofar and decided not to accept it

Toronto (Image: Supplied by Etihad Airways)

Etihad to go daily to Toronto from Abu Dhabi

The additional weekly service will commence on May 30

Dubai municipality launches new platform for pvt sector investors

Dubai Municipality launches platform for private sector investors

The new platform provides a streamlined and transparent channel for the evaluation and approval of ideas and proposals

EDGE weapons on display

UAE’s EDGE expands global footprint with Brazil office

The new office will be managed by a dedicated and experienced team of professionals from within the defence industry and local business ecosystems

ADX and Mashreq Signing Ceremony 1

Abu Dhabi Securities Exchange, Mashreq to offer instant trading access to customers

The agreement streamlines the digital onboarding process for Mashreq customers, allowing them to instantly obtain a national investor number

UAE climate Tech announced dr-sultan-ahmed-al-jaber-COP28-president-designate

UAE Climate Tech: MoIAT to host ‘first-of-its-kind’ forum with ADNOC, Masdar

Ahead of COP28, the forum will explore innovations and economic opportunities supporting global efforts to net zero emissions by 2050

SAUDIA B787-9 (Image: Supplied by Gatwick Airport comms)

Saudia ramps up flights to Europe and Asia

It has confirmed 56 additional weekly services to 14 destinations

Saudi Eid Break announced for private sector GettyImages-1464744716

Eid Al Fitr 2023: Saudi Arabia announces 4-day holiday for private sector, non-profits

The Eid holiday will start on Thursday, April 20, at the end of the workday

Kuwait eid al fitr holidays announced for public sector, non profits

Eid Al Fitr 2023: Kuwait announces holidays for public sector employees

The Eid Al Fitr holiday at all ministries, and governmental bodies and institutions will begin from April 21 to 25

Robert Yordi of Seaworld

Yas SeaWorld Research & Rescue’s Rob Yordi shares the centre’s role in the region

The general curator of SeaWorld Abu Dhabi and Yas SeaWorld Research & Rescue tells us how the centre will enable marine conservation and build a strong regional rescue network

UAE corporate tax exemptions

UAE reveals list of entities exempted from corporate tax

The Ministry of Finance said government entities, government-controlled entities as well as extractive businesses are exempted from corporate tax