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Dubai

Dubai’s Emirates Group cuts annual loss by 83% to $1bn for FY 2021-22

“We expect the group to return to profitability in 2022-23″ – Sheikh Ahmed bin Saeed, Emirates Group chairman

Jafza registers 19% trade growth in 2021, generates over Dhs454.7bn

Emirates inks MoU with Jafza to support SMEs in Dubai

Emirates currently has over 20,000 SMEs enrolled in its Business Rewards programme

DXB

Dubai’s DXB records 13.6 million passengers in Q1 2022

DXB is currently connected to 193 destinations across 92 countries via 73 international carriers

Emirates South African

Dubai’s Emirates signs MoU with South African Tourism Board to boost visitor arrivals

The agreement aims to boost visitor arrivals and inbound traffic to South Africa from key markets across the Emirates network

Global Village

Season 26 of Dubai’s Global Village welcomed 7.8 million guests

The park was open for 194 days, marking its longest season ever

Emirates DCT Abu Dhabi

ATM 2022: Emirates signs MoU with DCT Abu Dhabi to boost tourism

The two partners will collaborate on advertising and cross promotional marketing campaigns, familiarisation programmes and promotional competitions

Dubai

Dubai welcomes 3.97 million overnight visitors in Q1 2022

In the first three months of 2022, hotels across Dubai achieved average occupancy levels of 82 per cent

Emirates

ATM 2022: Dubai’s Emirates signs MoC with Malaysia Tourism Board

Emirates will develop initiatives to boost tourism to the Southeast Asian country, promoting it across its global network

Voco

Voco Dubai The Palm hotel set to open in the fall of 2022

It will be IHG Hotels & Resorts first property on Palm Jumeirah

Emirates and Royal Air Maroc

Dubai’s Emirates, Royal Air Maroc launch codeshare partnership

The codeshare partnership will offer customers more ways to book and connect their travel between the two airlines’ networks

Dubai

ATM 2022: Dubai receives 630,000 health tourists in 2021

As many as 55 per cent of the international health tourists were men, while 45 per cent were women

Debt management office

Government of Dubai establishes a debt management office

Rashid Ali bin Obood Al-Falasi has been appointed as the chief executive officer of the debt management office

Jumeirah Group

Jumeirah Group launches new lounge at Dubai International Airport

The Jumeirah Airport Lounge offers travellers a taste of the brand’s hospitality

atm 2022

ATM 2022: Dubai’s Emirates to launch premium economy bookings from June 1

The new cabin class will be available to Emirates customers travelling on A380 routes to London Heathrow, Paris Charles de Gaulle, Sydney and Christchurch

Flydubai

Dubai’s flydubai carried 2.35 million passengers in Q1 2022

The carrier has grown its network to more than 100 destinations

Dubai RTA

Dubai’s RTA to build bus and taxi lanes stretching 37 km over five years

These lanes cover eight main streets

union properties

Shareholders of Dubai developer Union Properties approve continuity of company

The company board affirmed its support for legal action against the previous management

Dubai

Dubai saves 2.2 TWh of electricity, 5.6 billion gallons of water in the past decade

Savings in the commercial sector between 2012 and 2021 amounted to 1.3 TWh of electricity and 2.5 billion gallons of water

Museum of the future

Emirates unveils Dubai’s Museum of the Future livery on A380s

The airline will unveil the special livery on a total of 10 A380 aircraft, which will in turn fly to around 30 destinations over the coming year

Emirates

Free Dubai Marina cruise for Emirates boarding pass holders this month

The airline has announced several new offers across retail, dining and tourist attractions in the emirate with the My Emirates Summer Pass

Sacha Jafri on the Burj Al Arab Jumeirah Helipad

Artist Sacha Jafri on UNESCO World Heritage sites, NFTs and sending art to the Moon

He discusses the breadth of his projects this year, from a piece that will be placed for eternity on the Moon, to an exhibition that pays tribute to this planet’s UNESCO World Heritage sites, and also an NFT-linked project that celebrates the legacy of Expo 2020 Dubai

Flydubai

Flydubai adds Izmir to its network

With the addition of Izmir, flydubai’s network in Turkey will grow to four points, including Ankara, Istanbul Sabiha Gökçen Airport and Istanbul Airport

Nasdaq Dubai

Islamic Development Bank lists $1.6bn sukuk on Nasdaq Dubai

The new listing brings the total value of Sukuk listed in Dubai to $77.5bn

Dubai Financial Market

Dubai Financial Market Company posts 17% rise in net profit for Q1 2022

The company’s total consolidated revenue surged by 7 per cent to total Dhs78.6m in Q1 of 2022 compared to Dhs73.4m during the first quarter of last year

Dubai Robotic

Dubai to open UAE’s first robotic biobank in 2023

A biobank is a place to store all types of human biological samples, such as blood, tissue, cells, or body fluids

RTA

Dubai announces free parking during Eid Al Fitr

The RTA has said that paid parking will resume in Dubai from Saturday, May 7

Dubai DXB

Around 1.9 million travellers to pass through Dubai’s DXB from Apr 29 until May 9

May 7 is expected to be the busiest day for Dubai International with passenger numbers surpassing the 200,000 mark

Dubai Islamic Bank

Dubai Islamic Bank posts 58% rise in net profit for Q1 2022

The bank’s total income reached Dhs3.01bn, recording growth of 6 per cent year-on-year compared to Dhs2.84bn achieved in Q1 2021

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council

Sheikh Hamdan approves launch of Dhs370m Venture Capital Fund for Startups in Dubai

It will be governed by the Dubai International Financial Centre, which is also a 15 per cent contributor to the fund

freezones

Contribution of Dubai freezones to emirate’s GDP to reach Dhs250bn by 2030

The projections were made during a meeting of the Dubai Free Zones Council chaired by Sheikh Ahmed bin Saeed Al Maktoum