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Emirates expects over 550,000 passengers to fly out from UAE in June, July

The carrier will be operating close to 80 per cent of its pre-pandemic capacity, or over one million weekly seats this summer

RTA

Dubai’s RTA digital platforms revenue hit Dhs3.5bn in 2021

The number of registered users on the digital service platforms exceeded two million, with almost one million of them being active users

logistics park

Dubai’s DP World, Saudi Ports Authority sign agreement to build logistics park at Jeddah Islamic Port

The new facility will offer warehouse space of 100,000 square metres

#DubaiDestinations

#DubaiDestinations campaign: What makes Dubai an ideal summer spot?

The campaign encourages Dubai’s diverse community to discover the city’s top activities, experiences and events during summer

Dubai sales transactions

Dubai records decade-high real estate sales transactions in May 2022

The emirate’s real estate market recorded a total of 6,652 sales transactions in May

home check-in service

Emirates’ first class customers to receive complimentary home check-in service

The service must be booked at least 24 hours prior to the flight’s departure time

Salik

Sheikh Mohammed issues law establishing Salik as public joint stock company

The Executive Council of Dubai is authorised to determine the percentage of shares that can be offered for subscription either through an IPO or private placement

Dubai-Internet-City Tecom Group

Dubai’s Tecom Group sets IPO price range at Dhs2.46-2.67

The final offer price is expected to be announced on June 27, 2022

Mohammed bin Rashid Library

Mohammed bin Rashid Library deploys AI and robots

The automated storage and electronic book retrieval system on the library’s first floor is one of its largest sections

ENOC Group

Dubai’s ENOC Group bans single-use plastics across operations

As alternatives, ENOC has switched to more sustainable items such as paper bags, wooden straws, water dispensers with reusable bottles and recyclable lids

Scott Bond Property FInder UAE Country Manager

Cover story: Property Finder’s Scott Bond on why Dubai is a pioneer in real estate

The country manager of Dubai’s real estate platform envisions the emirate to lead the way in digital advancements, inclusivity and investments. Here’s why

DMCC

Dubai’s DMCC signs agreement with Brooklyn Chamber of Commerce

The two entities will work together on a number of initiatives to promote bilateral trade and support the expansion of American businesses in Dubai

Arabian Travel Market 2022: The industry’s best on offer

Airlines, hotels, tourism boards and travel trade operators from around the world came together for the event

Dubai chamber

Dubai Chamber strengthens partnership with Dubai Land Department

The representatives from both teams shared their experience and best practices in digital transformation and customer service

Dubai

Dubai welcomes 5.1 million visitors in first four months of 2022

The emirate’s hotel occupancy stood at 76 per cent during the January-April period

Rapyd DIFC

Fintech Rapyd becomes first DIFC-registered Israeli company

The company plans to hire 120 employees in Dubai across the R&D, product, operations and HR departments within the next 18 months

Dubai-Internet-City Tecom Group

Tecom Group to list 12.5% of shares on Dubai Financial Market

The company expects to pay a dividend amount of Dhs800m per annum over the next three years

DEWA

DEWA builds three water reservoirs worth Dhs550m in Dubai

These will include one in Nakhali area with a storage capacity of 120 MIG, Lusaily area with a storage capacity of 60 MIG and in Hatta with a storage capacity of 30 MIG

Private Schools

Fees fact sheet now available for all private schools in Dubai

The fact sheet includes all fees a school may charge during an academic year

Gupta Brothers accused of defrauding South Africa arrested in Dubai

The Dubai police made the arrests after receiving a red notice for the Gupta brothers from Interpol

Dubai Chamber Israel meeting

Dubai International Chamber to open representative office in Israel

Dubai International Chamber has identified the Israeli market among its top 30 priority markets

Indonesian government

Indonesian government lists two sukuk valued at $3.25bn on Nasdaq Dubai

The Indonesian government is one of the largest sukuk issuers on Nasdaq Dubai

Emirates

Dubai’s Emirates, South Africa’s Airlink activate codeshare partnership

Emirates currently offers double daily flights to Dubai from Johannesburg, daily flights to Dubai from Cape Town and five weekly flights to and from Durban

DP World

Canada fund CDPQ to invest $5bn in DP World’s Dubai assets

The Montreal-based pension manager will take a 22 per cent stake in DP World’s Jebel Ali Port, Jebel Ali Free Zone and the National Industries Park

landfills

Dubai Airports’ new initiative to divert 60% of DXB’s waste from landfills by mid-2023

The food waste plan was created in partnership with Sharjah’s Beeah Group

Flydubai

Flydubai to resume flights to Abha in Saudi Arabia

Flights will commence with a daily service, from Dubai International’s Terminal 2

Al Jalila Foundation accepting cryptocurrency

Al Jalila Foundation to accept cryptocurrency donations

Crypto philanthropy has emerged as an important and sustainable source of fundraising for charities, giving people greater opportunities to donate for good

dnata

Dubai’s dnata to invest $100m in green operations in next two years

Earlier this year, dnata committed to reducing its waste to landfill by 20 per cent by 2024

Duque free zone launches in Dubai

DUQE free zone launches operations from Dubai’s QE 2 hotel

DUQE has allied with PCFC to offer full integrated support to entrepreneurs to help them set up and expand their business

emirates

Luxury on a budget: Emirates begins booking for its premium economy

From June 1, 2022, the carrier has commenced premium economy bookings on routes to London, Paris and Sydney