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arabian travel market

Arabian Travel Market 2022 edition in Dubai to feature over 1,500 exhibitors

Beginning on May 9 at the Dubai World Trade Centre, it expects to receive around 20,000 attendees

E-Scooter permits

RTA to open online applications for e-scooter permits in Dubai

The applicant should not be under the age of 16 and will need to undergo a training course on the RTA’s website

Emirates to add extra flights

Dubai’s Emirates to add extra flights, more seats across GCC, Middle East

Customers can purchase tickets on the carrier’s website, at its sales offices or via travel and online travel agents

New Takaful provider

Dubai, Abu Dhabi companies to merge to create new Takaful provider

The merged company would benefit from cross-selling opportunities via increased geographic footprint and via capitalising on larger underwriting capacity

Eid Al Fitr holidays for schools

Eid Al Fitr holidays announced for schools across Dubai

Schools in the emirate will remain closed from Monday, May 2 until Sunday, May 8

Expo 2020 dubai sme

Expo 2020 Dubai awarded SMEs contracts worth Dhs6.8bn

It represents over a quarter of all Expo 2020 Dubai contracts in terms of value

Swvl

Swvl buys Turkish transit firm Volt Lines in latest deal spree

Volt Lines serves customers and corporate clients in Turkey with an alternative to public transportation and personal ride-hailing services

damac metaverse

UAE’s Damac Group to invest $100m in metaverse project

Damac has established a new division called D-Labs which is led by Ali Sajwani and dedicated to the metaverse initiative

DIFC Courts

Sheikh Maktoum approves three-year Dubai International Financial Centre Courts Strategic Work Plan

It includes 28 projects with a specific push on digital transformation measures of services and procedures

by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed approves Dhs6.3bn housing package for Emiratis in Dubai

The development of a new housing complex in Al Khawaneej area 2, which will include 1,100 residential villas, was also approved

Eid holidays

Eid Al Fitr 2022: Holidays declared for private sector employees in UAE

They will either receive a four- or five-day weekend contingent on the sighting of the moon which will indicate the end of Ramadan

Emirates NBD

Dubai’s Emirates NBD reports 18% rise in net profit for Q1 2022

Total income increased 3 per cent year-on-year to Dhs6.4bn

Dubai-Internet-City Tecom Group

Dubai business park operator Tecom plans book-build IPO

Tecom plans to list its shares on the Dubai Financial Market

Dubai

Watch: Trailer of new documentary that chronicles Dubai’s fight against Covid-19

The first segment of the two-part documentary will air on Discovery on May 7

HSBC becomes first international general clearing member on Dubai Financial Market

The bank will be able to provide clearing and settlement services to its customers worldwide and to other DFM trading members

DCT Abu Dhabi

Dubai’s Emirates increases flights to Algeria

The carrier will utilise its Boeing 777-300ER aircraft between Algiers and Dubai

Equiti metro station dubai

RTA rebrands Umm Al Sheif metro station in Dubai

It has granted Equiti Group naming rights of the station for the next 10 years

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed issues decree forming committee to supervise Expo 2020 site

The new committee will be chaired by Sheikh Ahmed bin Saeed Al Maktoum

Dubai roads

Dubai’s RTA endorses five-year sustainability plan

The plan includes 20 projects across categories such as environmental leadership, community leadership and economic prosperity

Dubai Courts

New dedicated court in Dubai to handle inheritance cases whose value exceeds Dhs500,000

The entire litigation process and ruling must typically be executed within 12 months of the case being filed

The SME Story: Ian Ohan, founder and CEO of Locale

Locale allows foodpreneurs to thrive and reconnect with the communities in which they operate

Dubai’s Emirates to launch NFTs, experiences in metaverse

The first projects are underway, with launch anticipated in the coming months

Emirates launches platform to book bespoke Dubai, UAE itineraries

The carrier’s Dubai Experience platform is available in 19 countries

UAE’s DMCC records 665 new company registrations in Q1 2022

It the best first quarter since the inception of the freezone in Dubai 20 years ago

Dubai utility surges after pulling off year’s second-biggest IPO

The IPO valued DEWA at $33.8bn

How the 2022 edition of the Dubai International Boat Show elevated the global yacht industry

The Dubai International Boat Show which took place last month highlighted the resilience of an industry that fought its way through a difficult two-year period to come out stronger than ever on the other side

Dubai’s dnata inaugurates new cargo centre at London Heathrow airport

In 2021, dnata handled in excess of 500,000 tonnes of cargo in London

Electric scooters permitted in 10 districts across Dubai, RTA and Dubai Police announce

RTA called on cyclists to park the shared electric scooters in the designated parking spaces only

Dubai

Dubai issued 24,662 new business licences in Q1 2022, up 58% y-on-y

Fifty-seven per cent of the new business licences issued were under the professional category and 43 per cent were commercial