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Dubai Municipality introduces new online system for building permits image Dubai media office

Dubai introduces new online platform for building permits, control services

The new system will help streamline procedures and reduce the required application documents, making it easier for customers to input data and track application updates

Corporate tax transitional rules-Photo-courtesy-WAM

UAE corporate tax: MoF issues transitional rules for businesses

The decision applies to immovable property, intangible assets, financial assets and financial liabilities held by businesses before the corporate tax law comes into effect on June 1

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Celebrities endorsing brands in the Middle east. Image credit: Instagram/sofiavergara/iamsrk/davidbackham/leomessi/prideofgypsies

7 A-list celebrities who are brand ambassadors in the Middle East

Penelope Cruz, Jason Momoa, Sofia Vergara are the new face of home-grown brands in the UAE and Saudi Arabia respectively

Abhishek Bachchan and Aishwarya Rai at IIFA Awards

Etihad Arena hosts Bollywood’s biggest stars for IIFA Awards 2023 in Abu Dhabi

The IIFA awards are being held in partnership with DCT Abu Dhabi and Miral at the Etihad Arena for the second year in a row

Penelope Cruz onboard Emirates A380. Image credit: Emirates Airlines

Penelope Cruz is the new brand ambassador of Emirates Airlines

Academy Award-winning actor Penelope Cruz will star in a global advertising campaign for Emirates Airlines set to be launched come June 2023

Ministry of Interior

Ministry of Interior, Etihad Rail ink MoU on strategic cooperation and coordination

Under the MoU, the two parties will work towards enhancing readiness to confront security risks and threats, improving security and safety measures and strengthening civil protection

Sheikh Mohammed bin Rashid at Jebel Ali public beach. Image credit: Dubai Media Office

Sheikh Mohammed approves master plan for Dubai’s public beaches

The proposed development forms part of the Dubai 2040 Urban Master Plan, and aims to increase the length of public beaches by 400 per cent

Majid Al Futtaim issues sukuk

UAE’s Majid Al Futtaim issues $500m green sukuk

The conglomerate will use the proceeds from its fourth green sukuk issuance to refinance an older $800m bond commitment due in May 2024

TII unveils its Falcon 40B

Abu Dhabi’s TII unveils its Falcon 40B AI model open source

Falcon 40B is a foundational large language model with 40 billion parameters and trained on one trillion tokens

Adnoc L&S IPO is oversubscribed. Image credit: WAM

ADNOC Logistics gets $125bn in orders for $769m IPO

ADNOC sold 1.41 billion shares in its maritime logistics unit at Dhs2.01 a share, valuing the company at $4.05bn

Taweelah Reverse Osmosis achieves 90 percent capacity

EWEC’s Taweelah Reverse Osmosis facility surpasses 90 per cent capacity

The facility is currently producing 183 MIGD of desalinated water making Taweelah the world’s largest operating reverse osmosis facility

Sultan AlNeyadi with other crew members

UAE astronaut Sultan Al Neyadi celebrates birthday in space

Al Neyadi has been in space for almost three months and during this period he has performed a historic spacewalk and carried out several scientific investigations

Empower plant Image WAM-e1684523583814

Empower launches new plans, policies to drive sustainable operations

Empower has saved 412 million imperial gallons of fresh water in 2022 by using recycled water in its operations

Abu-Dhabi-Housing-Authority-has-announced-new-housing-projects-in-West-Baniyas-and-Al-Samha-regions-photo-Abu-Dhabi Housing Authority-

Abu Dhabi launches housing projects worth over Dhs7bn

The new housing projects, which are located in West Baniyas and Al Samha, include 1,742 residential villas for citizens

ADNOC Drilling acquires 6 rigs

ADNOC Drilling signs $75m deal for six newbuild hybrid power land rigs

The rigs are being built by Honghua Golden Coast and will progressively enter the fleet from the second quarter of 2024

Sheikh Mohammed

Sheikh Mohammed approves 78 environmental initiatives ahead of COP28

It includes national strategies to reduce carbon and regulate the use of solar energy products, sustainable tourism and other initiatives

Khalifa Fund launches Franchise UAE image credit KFED

Franchise UAE: Khalifa Fund launches new portal to help businesses buy and sell franchises

Franchise UAE is designed to cater to both existing, homegrown businesses seeking to develop a franchise and aspiring entrepreneurs looking to invest in an established business concept

AD Ports Group, Vale to jointly develop low-carbon mega hub for steel industry photo WAM AD Ports

AD Ports Group, Vale to develop low-carbon mega hub for steel industry

Land and related services from KEZAD will be allocated for the ‘Mega Hub’, in addition to the development and management of a high-tech handling facility at Khalifa Port

RTA to auction special number plates. Image credit: RTA

RTA to auction premium car number plates soon: Check dates

The RTA will auction 350 number plates comprised of two-digit plates for vintage cars, and three, four and five-digit plates for private vehicles

ADNOC Group Onshore Drilling Rig

ADNOC, TAQA invest $2.4bn to supply sustainable water to onshore operations

The project will develop a centralised seawater treatment facility for operations at the Bab and Bu Hasa fields in Abu Dhabi

UAE Minister of State for foreign trade Dr Thani bin Ahmed Al Zeyoudi

UAE, Malaysia agree to launch CEPA negotiations

The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force

Etihad Rail and Uber sign MoU photo credit Uber

Etihad Rail, Uber sign MoU to jointly bolster integrated mobility services

The companies will look at integrating e-hailing services and explore the possibility of creating an Uber dedicated pickup and drop-off area for passengers within stations

Healthcare facilities

Abu Dhabi temporarily closes two healthcare facilities over several violations

The violations include failure to adhere to safety procedures, use of expired materials and tools, and non-compliance with the standards for medical waste disposal

Dr Sultan Al Jaber, President-Designate of COP28, Francesco La Camera, Director-General of IRENA, and Michael R. Bloomberg. Image credit: IRENA

Bloomberg Philanthropies, IRENA announce new COP28 partnership

The partnership will allow Bloomberg Philanthropies to support IRENA in its efforts to drive adoption of renewable energy in the lead up to COP28

ADFD investments in 2022 Photo GettyImages-1430804172

Abu Dhabi development fund sees financing, investments cross Dhs189.7bn in 2022

According to its annual report, Abu Dhabi Fund for Development’s investments benefitted 104 nations last year

insurance company

CBUAE removes board of directors of insurance company

It is replaced it with a temporary committee of experts for six months

MoF issues Ministerial decisions related to corporate tax Photo WAM

UAE corporate tax: MoF issues 3 new ministerial decisions

According to the ministry, the three new decisions aim to enhance the flexibility of UAE’s corporate tax regime and ensure a supportive business environment for all sectors

The aircraft, 9H-FIVE, pronounced Nine-Hotel FIVE, will be based in Dubai (Image: Supplied by FIVE Hotels and Resorts)

Dubai’s FIVE Hotels introduces private jet charter service

The ACJ TwoTwenty aircraft, 9H-FIVE, will be based in Dubai and has an approximate flying range of 12 hours

SeaWorld Yas Island underwater Zoo

SeaWorld Yas Abu Dhabi opens with a star-studded event

The park is home to inspiring entertainment, exciting rides and attractions as well as unmatched dining and shopping experiences

ministry - uae national day holiday

UAE foreign ministry announces name change

The authority will now be known as the Ministry of Foreign Affairs