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Gulfood 2022: UAE’s F&B trade crosses $20bn from January-September 2021

Ten markets accounted for about 66 per cent of the UAE’s total F&B exports, with Saudi Arabia ranking first with a share of 17 per cent

Dubai’s Emaar Properties posts 80% rise in net profit for 2021

Its 2021 revenue stood at $7.697bn, posting an increase of 57 per cent compared to the previous year

Brazil

UAE’s Mubadala Capital raises $322m in first investment fund in Brazil

Mubadala Capital manages over $10bn of assets in third-party managed funds across its Brazil, private equity, public equities and venture capital businesses

President of Turkey arrives in the UAE

The Turkish President was received by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces

UAE reports 1,191 Covid-19 cases, 2,713 recoveries

The nationwide case count has risen to 869,428

Dubai SME and Khalifa Fund announce collaboration to leverage Gulfood

The collaboration will enable UAE-based SMEs to gain easy access to new markets

Free door-to-door recycling service comes to Dubai

Since its launch in Abu Dhabi in November 2020, Recapp has built a community of 15,000 registered users and collected 150 tonnes of recyclables so far

UAE’s Aldar to receive $1.4bn investment from Apollo Global Management

The deal will see Apollo take a direct minority stake in Aldar Investment Properties at its net asset value

How 2021 was a promising year for global equities

Several trends emerged over last year

Abu Dhabi opens new urgent care centre for Covid-19 patients

The unit at Al Rahba Hospital is open daily from noon-10pm will provide cater to patients referred by Prime Assessment Centers in the emirate

UAE government awards Yahsat $247.5m for enhanced managed services

The five-year agreement builds on previous operations and maintenance services provided to the UAE government

UAE: Cinemas to operate at full capacity from February 15

Each emirate can modify its cinema capacity as it deems fit

Dubai

Dubai to begin trials of driverless taxis this year

The RTA plans to gradually increase the number of autonomous vehicles to 4,000 by 2030

Oil extends eight-week rally on intensifying Ukraine tensions

Crude surged to the highest since 2014 last week

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Explainer: Is the UAE ready to mainstream nearly zero energy buildings?

Green building strategies can be used to design and build healthy, comfortable, cost efficient and environmentally friendly living and working environments

Air pollution costs wider Mideast $141bn, World Bank says

The findings will likely add to growing interest in green and sustainability-linked bonds and loans in the region

VisitBritain launches GBP10m global tourism campaign in Dubai

The campaign aims to drive inbound tourism, as Britain gears up for a year of landmark events

DP World to invest GBP1m in Prince William’s Earthshot Prize innovators

The announcement was made during Prince William’s first official visit to the UAE and Expo Dubai 2020

UAE reports 1,474 Covid-19 cases, 2,421 recoveries

The nationwide case count has risen to 865,576

Abu Dhabi’s Taqa Group reports net income of Dhs6bn for 2021

The group’s revenue was Dhs45.7bn, 11 per cent higher than the previous year

In pictures: Dubai’s Emirates unveils new lounge for young travellers

The carrier’s service for unaccompanied minors must be booked in advance of travel

UAE’s ADQ, Alpha Dhabi, Etisalat and FAB to launch next-gen banking platform

Wio will offer customers in the UAE a fully digital banking choice with tailored products and services to meet their lifestyles and needs

Abu Dhabi to house zero-waste wholesale food trading hub

The food hub will assemble wholesale buyers, sellers, logistics players and distributors from across the world

UAE’s Alpha Dhabi Holding posts Dhs5.1bn in net profit for 2021

The company reported revenues of Dhs18.8bn

ADNOC announces $548m contract for a new main gas line at its lower Zakum field

ADNOC Drilling announces net profit of $604m for 2021

Revenue for the full year was $1.14bn, up 6 per cent over 2020, largely driven by new rigs and rig reactivations

Dubai: Alec hires Andy Boutle as its head of Digital Construction

Boutle will focus on the digitisation of the entire value chain for projects undertaken by Alec, with an emphasis on increasing workflow communication

Dubai’s Emirates signs MoU with Maldivian to explore partnership opportunities

The two carriers will review codeshare and interline options to provide customers with greater connectivity

Dragons’ Den’s Steven Bartlett to headline event at Dubai Opera on March 2

Organised by Motivate Talent, the event will feature a fireside interview with Bartlett as well as a special guest panel discussion

UAE reports 1,588 Covid-19 cases, 2,301 recoveries

The nationwide case count has risen to 864,102

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Ajman to introduce contactless payments on public transport

The implementation EMV technology will reduce the passenger’s travel time by eliminating the need to stand in line to purchase tickets