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NYE Sheikh Zayed Festival courtesy WAM

Abu Dhabi: More than one million visitors visit Sheikh Zayed Festival to watch fireworks

The largest fireworks display lasted for more than 40 minutes, with more than 3,000 drones in the air during the show

MMI removes 30% municipality tax on alcohol sales

Dubai: MMI removes 30% municipality tax levied on alcohol sales

This move is in line with the recent directives from the government of Dubai relating to the purchase and consumption of alcoholic beverages in the city

over 2 million rider used public transport during NYE

New Year’s Eve: 2.1 million riders used public, shared transport, reveals Dubai’s RTA

The figure reflects a 33 per cent rise from last year’s number, which was 1,632,552 riders

Environment Agency – Abu Dhabi imposes Dhs328,000 administrative fines on environmental legislation violators

The largest fine issued to date was Dhs50,000, and was imposed for discharging materials into the marine environment

dsf fireworks

Here’s how Dubai is set to enjoy ‘safe and secure’ NYE celebrations

A total of 10,597 personnel, 5,800 security guards, 1,420 volunteers, 3,651 patrols and vehicles, and 45 marine boats have been deployed across the 30 locations where celebrations and fireworks will take place

UAE fuel prices

UAE announces petrol, diesel prices for January 2023

Super 98 petrol will cost Dh2.78 a litre, a further decrease from December’s price of Dhs3.30 per litre

Dana Steel Kezad sign agreement

Kezad Group, Dana Steel ink agreement to establish steel rolling complex

The agreement with KEZAD Group marks Dana Steel’s first venture in Abu Dhabi

fireworks best-new-years-eve-palm-jumeirah-fireworks-2

Top 10 places to watch New Year’s Eve fireworks in Dubai

Here’s our list of the best places in Dubai to watch the fireworks as you say goodbye to 2022 and bring in the New Year

Ben Crompton is the managing partner of Crompton Partners

The outlook for Abu Dhabi’s real estate sector in 2023

Abu Dhabi can expect to see modest single-digit growth in property valuations and rents across most sectors

Dubai Chamber of Commerce

Dubai Chamber of Commerce launches Cloud Computing Business Group

The group will enable transparent conversations between members, supporting the sector in advocating beneficial policy changes that will in turn enhance its competitiveness

emiratisation UAE e1561969083740

Emiratisation deadline: Non-compliant private companies to incur fines starting Jan 1

The value of the monthly penalties will increase progressively at a rate of Dhs1,000 annually until 2026, by which companies are required to achieve up to 10 per cent growth in their Emiratisation targets

NCM courtesy WAM

UAE weather update: National Centre of Meteorology issues forecast for Dec 28-31

The UAE, which was lashed by rains earlier this week, is expected to experience partially cloudy skies and light to moderate winds

UAE's Unemployment Insurance Scheme kicks off on January 1

UAE’s Unemployment Insurance Scheme kicks off on January 1

Subscription fees depend on the employee’s basic salary and can be paid monthly, quarterly, once every six months, or annually

Hasan Jasem Al Nowais, Chief Executive Officer of Mubadala Health

Mubadala Health, ADPF to launch personal health programme for pensioners

The programme will provide all ADPF-registered pensioners with comprehensive annual check-ups at Mubadala Health’s healthcare facilities

DXB T3

Holiday travel: Nearly two million passengers expected to pass through Dubai International

Average daily traffic at DXB is expected to reach 245,000 passengers during the holiday season

DubaiNow

DubaiNow app achieves major milestone, exceeds one million users

The unified platform offers users access to several government and private sector services, including bill payments and fines

traffic dubai Police

Dubai Police’s traffic campaigns benefit 10 million people over last three years

Traffic campaigns were carried out last year to raise public awareness of the safety of pedestrians, and the dangers of sudden swerving and speeding, among other topics

Dubai Customs WAM

Dubai Customs’ Air Cargo Centres process 81 billion items in 2022

The items are part of goods that have an estimated value of Dhs875.86bn, including insurance and shipping costs

Israel

Calev’s Newsroom: Israel, India and UAE forge a new trade route

There are many facets of economic integration and growth contained within the Israel-India-UAE triangle

UAE Ministry of finance to hold corporate tax awareness sessions

UAE Ministry of Finance launches Corporate Tax Public Awareness Programme

The programme will feature a series of sessions to raise awareness of the corporate tax law amongst the business community and its implications for the national economy

Fujairah attracts investment in maritime sector

Fujairah attracts investment in maritime sector

The emirate has a strategic location on the country’s east coast and is a key shipping hub

Dubai leads MENA region on Global Power City Index 2022

Dubai leads MENA region on Global Power City Index 2022

The GCI’s rankings of the top cities in 2022 reflect the self-reinforcing strength of the world’s leading global cities

Modon Properties launches two waterfront destinations in Al Dhafra

Modon Properties unveils two integrated waterfront destinations in Al Dhafra

The two integrated waterfront destinations are adjacent to Modon’s eco-tourism campsite project, Bab Al Nojoum – Al Mugheirah Resort

Conares opens Dhs150m colour-coated steel plant in JAFZA

Conares opens Dhs150m colour-coated steel plant in JAFZA

Exporting products to 26 countries across six continents, the company’s assets are currently estimated to be valued at Dhs2.5bn

RTA approves strategic plan 2023-2030 aligned with Dubai Urban Plan 2040

RTA approves strategic plan for 2023-2030

The plan is aligned with the Dubai Urban Plan 2040, Dubai Plan 2030, Dubai Government Directives and the UAE Government Vision, We the UAE 2031

ENOC

ENOC Group opens new service station in this locality in Dubai

The group now operates 177 service stations in the UAE

DP World, Hassana announce $2.4bn investment in UAE

DP World, Hassana announce $2.4bn investment in UAE

Hassana will hold its economic interest in a stake of approximately 10.2 per cent in three UAE assets of DP World

Dubai Airbnb

Airbnb launches remote working hub in Dubai

Those interested in working and living in Dubai can access the hub for local long-term listings and information on entry requirements and visa policy

Abu Dhabi’s Adnoc acquires 24.9% stake in OMV

Abu Dhabi’s ADNOC acquires 24.9% stake in OMV

Through this investment in OMV, who hold a 75 per cent stake in Borealis, ADNOC will increase its shareholdings in both Borealis and Borouge

UAE Central Bank

National banks’ financing of trade, industry sectors total Dhs37.2bn in nine months

The cumulative balance of credit provided by national banks to trade and industry sectors reached Dhs720.8bn at the end of August