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Bank of China lists $300m bonds on Nasdaq Dubai

Bank of China lists $300m bonds on Nasdaq Dubai

The bank shall use the proceeds for general corporate purposes

Dubai's La Mer South to be redeveloped, renamed J1 Beach

Dubai’s La Mer South to be redeveloped, renamed J1 Beach

The revamped destination is set to welcome guests by end of 2023

RTA announces extended Metro hours during Fifa World Cup

Dubai’s RTA announces extended metro hours during FIFA World Cup

After the last game, the last Metro will depart 45 minutes later, with 1.5 hours of additional service

Emirates NBD arranges Egypt sukuk

Dubai’s Emirates NBD reshuffles management team

The lender has also expanded the responsibility of existing senior management team members

Dubai

Dubai’s GDP grows 4.6% during first nine months of 2022

The emirate hosted 10.12 million international visitors from January through September 2022, compared to 3.85 million welcomed during the same period last year

Dubai International Chamber launches offices in Egypt, two more countries

Dubai International Chamber launches offices in Egypt, two more countries

The new openings bring the number of Dubai International Chamber’s representative offices around the world to 15

Sheikh Mohammed approves second phase of Dubai 2040 urban development plan

Sheikh Mohammed approves second phase of Dubai 2040 Urban Master Plan

The master plan calls for developing a 20-minute city where residents can reach their destinations within a third of an hour, either on foot or by bicycle

Dubai shopping festival

Dubai reveals dates for 28th edition of annual shopping festival

Dubai Shopping Festival is back this year from December 15 with 46 days of entertainment, fashion exclusives, shopping deals, raffles, hotel and dining offers

Dubai

Goldman moves more bankers to Dubai in Middle East push

Goldman’s net revenues in wealth management were $1.6bn in the third quarter

Flydubai

Flydubai carried over 100,000 fans on shuttle flights since Nov 21

The shuttle flights will operate until December 19

Sheikh Mohammed approves Dubai budget 2023-2025

Sheikh Mohammed approves Dhs205bn Dubai budget for 2023-25

The government’s total expenditures for the 2023 fiscal year are estimated at Dhs67.5bn

Flydubai to launch daily flights to St Petersburg

Flydubai to launch daily flights to St Petersburg

The carrier has grown its network to 114 destinations

DIFC-based fintech firms net $559m in funding during Jan-Sep 2022

DIFC-based fintech firms net $559m in funding during Jan-Sep 2022

DIFC’s fintech accelerator programme has attracted more than 3,000 applications from all over the world

DMCC unveils new brand for JLT

Dubai’s DMCC unveils new brand for JLT

The new brand is underpinned by the central proposition that JLT has become an eclectic neighbourhood full of soul

Emirates adds third daily A380 service to London Gatwick

Emirates adds third daily A380 service to London Gatwick

Emirates currently serves the UK with 119 weekly flights across seven hubs

Dubai ranks first in international tourist spending, unveils WTTC

Dubai ranks first in international tourist spending, reveals WTTC

According to the World Travel and Tourism Council (WTCC), Dubai earned $29.4bn from international tourists this year

Emirates' A380 touches down in Auckland for first time since Feb 2020

Emirates’ A380 touches down in Auckland for first time since Feb 2020

The Dubai-based airline has been flying to New Zealand for 19 years

Dubai Future Labs signs three agreements

Dubai Future Labs signs three agreements to drive innovation in aviation, logistics

The agreements seek to drive adoption of advanced robotics and automation technologies in key economic sectors

In pics: Dubai's Emirates unveils retail store

In pics: Dubai’s Emirates unveils retail store

The airline expects to invest Dhs100m over next three years as part of retail strategy

Dubai Chambers unveils plans to expand role of business councils

Dubai Chambers unveils plans to expand role of business councils

The plan would create new channels of economic cooperation between business communities in Dubai and worldwide markets

Dubai Islamic Bank prices $750m inaugural sustainable sukuk

Dubai Islamic Bank prices $750m inaugural sustainable sukuk

The transaction marked the largest issue size in international capital markets by a GCC bank since February 2022

Emirates A380 returns to Perth

Emirates boss sees unprecedented travel surge once China reopens

Tim Clark said Emirates flights to Asian destinations that have already reopened are essentially full

Revealed: Winners of the Gulf Business Awards 2022

The awards celebrated stalwarts and companies from across the region’s business landscape

Dubai's Emirates to add seasonal direct flight to Colombo

Dubai’s Emirates to add seasonal direct flight to Colombo

The carrier’s second daily flight will operate directly between the two cities, except during December 16-30, when the Dubai-Colombo service will stop over in Male

Dubai announces three day super sale with up to 90% discounts

Dubai announces three day super sale, up to 90% discounts

The 2022 edition of the bi-annual promotion will take place from November 25-28, with reductions of up to 90 per cent across lifestyle, beauty, fashion, electronics

Passenger traffic at Dubai's DXB forecasted to reach 64.3 million in 2022

Passenger traffic at Dubai’s DXB forecasted to reach 64.3 million in 2022

Dubai International recorded average monthly traffic of over six million during the third quarter

cycling tracks

Dubai’s RTA to push total length of cycling tracks to 819km by 2026

The Roads and Transport Authority has awarded a contract for the construction of cycling tracks at Al Khawaneej and Mushrif

Dubai's Emirates expects huge inbound traffic surge, starting Nov 19

Dubai’s Emirates expects huge inbound traffic surge, starting Nov 19

Dubai will witness a surge in inbound traffic, as visitors travel to attend sporting events as well as for the festive season

Taaleem

Dubai school operator Taaleem’s IPO draws $3.7bn in orders

Taaleem’s shares are due to start trading on November 29

Dubai's Emirates to show FIFA World Cup matches live in the air

Dubai’s Emirates to show all FIFA World Cup matches live in the air

More than 200 of the carrier’s aircraft are equipped with live TV, featuring dedicated sports channels