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UAE establishes Accountability Authority

UAE President issues decree to establish Accountability Authority

The authority is the supreme authority for financial control, auditing, integrity and transparency in the country

GCC region M&A blazes trail as global deals decline

UAE’s Bayanat and Yahsat agree potential Dhs15bn merger

The merger is subject to regulatory and shareholder approvals and is expected to close in the second half of 2024

MoHRE urges firms to meet Emiratisation deadline

Emiratisation: MoHRE urges companies to meet 2023 targets

The ministry warned that companies that fail to comply with Emiratisation will be required to pay fines from January 2024

UAE launches work permit for private tutors

UAE visa: MoHRE, MOE introduce new private teacher work permit

The new permit will protect the rights of teachers, and ensure students receive quality education

UAE Bankruptcy law

7 key provisions of the UAE’s new bankruptcy law

The UAE’s new bankruptcy legislation was published on 31 October 2023 and it is set to come into full effect on 1 May 2024.

DP World to move headquarters to Expo City Dubai

DP World to relocate global head office to Expo City Dubai

The new head office provides a platform for clients and partners to engage with the port operator’s entire portfolio

Dubai unveils unified licence initiative

Dubai real estate gig: Sparks fly as job ad demands dating prowess

A real estate job advertisement in Dubai has gained attention, all for the wrong reasons.

RTA unveils Dhs1.6bn digital strategy

Dubai’s RTA unveils Dhs1.6bn digital strategy

The digital strategy implementation will be carried out over four phases spanning seven years

Abu Dhabi to ‘buy’ stake in key Turkish port: Reuters

ADPorts Group could invest in an entity established by the Turkey Wealth Fund to run the Aegean coast port of Izmir, reports Reuters.

ADQ, Azerbaijan’s AIH form joint investment platform

ADQ, Azerbaijan Investment Holding form joint investment platform

The venture will seek and leverage investment opportunities to generate sustainable financial returns on deployed capital

KUWAIT RULER

UAE declares 3-day mourning period to condole Kuwait Emir Sheikh Nawaf’s death

The mourning period has been confirmed for three days, during which flags will be flown at half-mast across all official departments within the country

WATCH: Sheikh Hamdan takes the wheel — or not? — in self-driving taxi

The test follows RTA’s announcement in 2022 to set up Dubai as the first international market for Cruise

UAE cracks down on 2 domestic worker agencies for violations

The two agencies have had their licences revoked by the Ministry of Human Resources and Emiratisation (MoHRE) for falling foul of the law and regulations.

Winter weather

UAE: Winter weather brings rain, mist with minimum temperatures dropping below 10 degrees C

Winter weather has set in with slight rain and mist along with windy conditions forecast for the weekend

Abu Dhabi launches free Hala Wi-Fi across emirate

Abu Dhabi launches free Hala Wi-Fi across emirate

The initiative is provided in collaboration with UAE service providers and offers public Wi-Fi coverage in various locations

dubai duty free

Dubai Duty Free offers up exciting promotions to mark 40 years of operations

In line with its anniversary celebrations, the retailer has announced a slew of promotional offers for travellers until December 20

electric car

Charging ahead: 63% of UAE residents want to drive EVs by 2025

The vast majority of UAE residents are keen to make the switch to electric vehicles sooner rather than later, according to a new survey.

Abu Dhabi bourse, CASE join hands to boost cooperation

Abu Dhabi bourse, CASE join hands to boost cooperation

The go-live implementation is expected to take place early next year and once operational, investors will gain the ability to directly trade on both exchanges through licenced brokers

Dubai airport expects 4.4 million passengers festive season

Dubai airport to serve 4.4 million passengers this festive season

Dubai International is preparing for an exceptional spike in guest numbers, with an estimated 279,000 passengers on December 22

Tabreed signs Dhs600m revolving credit facility

UAE’s Tabreed secures Dhs600m revolving credit facility

The loan will be used to finance projects and investments that adhere to the cooling firm’s green finance framework

Etihad Rail

Etihad Rail: 9 amazing facts about this growing network

The UAE’s national rail network has made great strides since the project’s inception in 2016

abu dhabi road closure

Abu Dhabi: 8 hour-long road closure for ADNOC marathon on Saturday

The ITC has released details of the closure that will follow the path of the marathon

More than 250,000 subscribers sign up for unemployment scheme

Unemployment insurance: UAE gets tough with fines, work permit bans

The Ministry of Human Resources and Emiratisation says it has started fining workers who have failed to comply with the unemployment insurance system.

UAE money laundering prosecution office

UAE interest rates unchanged after US Fed announcement

The Central Bank of the UAE has said it would keep interest rates unchanged following a similar announcement by the US Federal Reserve overnight.

Dubai unveils unified licence initiative

Dubai launches initiative to boost ease of doing business

The streamlined process contributes to bolstering Dubai’s competitiveness as a business-friendly destination

Abu Dhabi International Airport - UAE megaprojects

7 remarkable megaprojects unveiled in the UAE in 2023

These projects symbolise the UAE’s commitment to innovation, sustainability, and cultural harmony

COP28-DR-SULTAN-AL-JABER-UAE

Countries strike deal at COP28 to transition away from fossil fuels

COP28 President Sultan Al Jaber called the deal “historic” but added that its true success would be in its implementation

PureHealth’s IPO attracts Dhs265bn in orders

PureHealth’s IPO attracts Dhs265bn in orders

The offering drew Dhs186bn in orders from professional investors within the UAE and the region

Dubai Airport chief Paul Griffiths (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Paul Griffiths on Dubai Airports’ bold journey to super-hub status

The head of the airport operator tells Gulf Business how the company is re-engineering every single element of capacity pinch point as Dubai eyes super-hub status

COP28 begins on November 30 Image COP28 X

New COP28 draft deal stops short of fossil fuel ‘phase out’

A coalition of more than 100 countries have been pushing for an agreement would for the first time promise an eventual end to the oil age