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Dubai Government cuts public debt by Dhs29bn

Dubai Government reduces public debt by Dhs29bn

The emirate repaid Dhs20bn as part of its total financing from Abu Dhabi and the Central Bank of the UAE

RICE EXPORT

India to export rice to the UAE: 75,000 tonnes approved through NCEL

Despite the larger ban, India is shipping rice to friendly and food vulnerable countries on their request to meet their food security demands

UAE unemployment insurance scheme

UAE’s unemployment insurance deadline nears: Over 5.73 million subscribers so far

Beginning October 1, individuals eligible for the system who have not yet subscribed will incur a Dhs400 penalty

UAE to announce petrol prices for October soon

UAE to announce petrol, diesel prices for October; will rates decrease?

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 28 fils per litre in September

UAE-INDIA COP28

UNGA78: UAE, India foreign ministers meet, discuss COP28

The UAE Foreign Minister briefed his counterparts on the preparations for COP28, which is scheduled to be held in Dubai from November 30 to December 12

UAE President meets Netherlands PM Rutte

UAE President Mohamed bin Zayed meets Dutch PM Mark Rutte

During the meeting, the two sides reviewed bilateral cooperation in a range of sectors including trade, energy, and environment among others

ADNOC Distribution approves $350m interim dividend

ADNOC Distribution board approves $350m interim dividend

The second and final dividend for 2023 is expected to be paid in April 2024

UAE MINISTER ON GCC VISA FREE TRAVEL

One visa for six countries: UAE’s plan for GCC travel

The proposed system would enable UAE residents to travel within the GCC region under a single visa, providing a boost to the tourism sector

Khalidia Palace Hotel in Deira by Mourouj Gloria will launch in the last quarter of this year (Image: Supplied by Gloria Hotels)

New five-star hotel coming soon to Dubai’s Deira district

Khalidia Palace Hotel by Mourouj Gloria will launch in the last quarter of this year

Nikki Beach to open resort in Ras Al Khaimah (Image: Supplied by RAK Properties)

Nikki Beach to open resort in Ras Al Khaimah

The 155-key property will be developed by RAK Properties and located in Mina Al Arab

DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry

DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry

The collaboration presents an important commitment to fostering cultural programmes and initiatives

UAE PASS

MoIAT introduces mandatory use of UAE Pass to streamline services

The new digital national identity system helps improve the business ecosystem and facilitates access to government services

Alpha Dhabi wastewater treatment

Alpha Dhabi enters wastewater treatment industry with majority acquisition in Metito Holdings

Alpha Dhabi’s foray is aimed at driving impactful change in the circular economy sector and its broader vision of sustainable growth

ADNOC, TAQA secure financing for $2.2bn water project

ADNOC, TAQA close $2.2bn financing for water project

The project is being financed by a group of nine local and international banks, through a combination of commercial and Islamic finance facilities

Abu Dhabi to debut inaugural Travel and Tourism Week

Abu Dhabi’s debut Travel & Tourism Week set to drive growth

The platform is set to further enhance the city’s business and leisure tourism industries while advancing economic growth

Value of MENA’s hotel, residential projects top $1.9tn

Value of MENA’s hotel, residential projects top $1.9tn

The influx of new hospitality and tourism-related projects in the region is fostering new trends that add value and efficiency

Climate Future Week at Museum of the Future Image Supplied

Museum of the Future: Climate Future Week to begin on Sept 26

Climate Future Week will feature 20 main sessions, six workshops and three events, including a Climate Start-up Majlis, Climate Film Festival, and photo exhibition

Lulu Hypermarket

LuLu Group expands footprint, to open Hyderabad’s largest mall on Sept 27

The mall will host a mega Lulu Hypermarket, more than 75 plus local and international brands and other retail outlets

RTA automates issuance of supplementary information

RTA automates issuance of supplementary information sign permits

The digital system enables customers to apply for and obtain permits via the authority’s website

Supermoon

Harvest full Moon to illuminate the sky: Last supermoon of 2023 on long weekend holiday

This marks the fourth consecutive supermoon of the year, as per the Farmers’ Almanac

Sheikh Hamdan space missions

Sheikh Hamdan launches Dubai Economic Leadership Program

Mohammed bin Rashid Centre for Leadership Development will open registration for the programme between September and October

ADCCI partners with three local banks

These 3 Abu Dhabi banks have partnered with ADCCI

The partnerships seek to introduce members and investors to a range of services, promotional packages, and financing assistance programmes

UNION FORTRESS 9

Abu Dhabi: Be prepared for loud noise as armed forces practice for ‘Union Fortress 9’

The Ministry announced that the invitation to attend the military parade is open to the public

ADIB redeems sukuk worth $750m

ADIB redeems sukuk worth $750m

The trading of the certificates on the Irish Stock Exchange was cancelled upon redemption of the certificates

China’s AIIB expands global reach with Abu Dhabi office

China’s AIIB expands global reach with Abu Dhabi office

The overseas office brings the bank closer to the front lines of its sustainable development work in the Middle East and Africa

Yahsat gets Dhs18.7bn mandate from UAE govt for 17 years Image WAM

UAE: Yahsat receives Dhs18.7bn govt mandate for satellite related services

This agreement increases the group’s contracted future revenues to Dhs25.7bn, over 16 times its 2022 annual revenues

Flydubai will launch services to Langkawi and Penang (Image: Supplied by flydubai)

Flydubai will launch services to Langkawi and Penang

The daily flights from Dubai to the two destinations will begin from February 10, 2024

Silal launches food tracking system powered by blockchain tech Image Silal X

Farm to fork: Abu Dhabi’s Silal launches blockchain-powered food tracking system

The traceability feature is accessible by scanning the QR code of a Silal Fresh product through the Silal App

Yahsat hikes interim dividends to Dhs201m for H1 2023

Yahsat hikes interim dividends to Dhs201m for H1 2023

The firm expects to pay the second and final dividend for 2023 in May 2024, subject to board’s recommendation and shareholders’ approval

Mohamed Abdalla Al Zaabi CEO of Miral announces the company's new CSR strategy 2023 image Miral

Miral to launch over 80 initiatives within 2 years under new CSR strategy

The company aims to create a transformational impact on the community through economic, social and environment initiatives that are aligned with UN SDGs