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Emirates NBD announced 6th edition of annual Unity Run

Emirates NBD announces sixth edition of annual Unity Run

UAE’s leading community run for inclusion of people of determination will take place on Saturday, November 19 in Dubai Design District

Former Abraaj COO reaches settlement with Dubai’s DFSA

Former Abraaj COO reaches settlement with Dubai’s DFSA

Waqar Siddique has withdrawn his Financial Markets Tribunal review and will not contest the regulator’s findings

Global Village opens, adds two new pavilions and more experiences

Dubai’s Global Village opens, ticket prices start at Dhs18

More than 175 rides, games and attractions are also available for guests to enjoy, including the new Global Village Big Balloon

First Abu Dhabi Bank reports 19% rise in nine-month net profit

The bank’s total income for the first nine months of the year stood at Dhs18bn, up 13 per cent year-on-year over the previous year

ADIB reports highest quarterly net profit for Q3 2022

ADIB reports highest quarterly net profit for Q3 2022, crossing Dhs1bn

The bank registered Dhs2.45bn in net profit for the first nine months of 2022

UAE's Masdar acquires UK-based Arlington Energy to expand footprint

UAE’s Masdar acquires UK-based Arlington Energy to expand footprint

The acquisition will support Masdar’s offshore wind and renewables investment strategy

Dubai Islamic Bank

Dubai Islamic Bank posts 34% rise in group net profit for Q1-Q3 2022

The bank reported total income of Dhs9.873bn, rising 10 per cent year-on-year, compared to Dhs8.94bn last year

Abu Dhabi's ADCB reports 22% rise in net profit for first nine months of 2022

Abu Dhabi’s ADCB reports 22% rise in net profit for first nine months of 2022

The bank posted a 10 per cent rise in net interest income, totalling Dhs7.275bn

Netflix's new reality show Dubai Bling to start from October 27

Netflix’s new reality show ‘Dubai Bling’ to start from October 27

Dubai bling follows the stories of ten self-made millionaires living lavish livestyles in Dubai

Abu Dhabi Global Market

Aliph Capital secures $125m investment from Abu Dhabi’s ADQ

Aliph Capital will seek to acquire sizeable positions in privately owned mid-market companies across the GCC

European investor M7 opens first Middle East office in Dubai

European investor M7 opens first Middle East office in Dubai

The company currently manages around €1bn of European real estate on behalf of Middle Eastern investors

Dubai district cooling firm Empower to sell 10% stake in IPO

The firm has said it expects the minimum dividend to remain at $231m annually for two years after the IPO

Emaar Properties

Emaar Properties to allow 100% foreign ownership from October 25

From next Tuesday, there will be no shareholding limit for non-UAE nationals

Emiratisation

UAE private sector companies urged to meet 2% Emiratisation target before end of year

Financial penalties on non-compliance will be collected starting January next year

Global Village

Dubai’s RTA to resume four bus routes for Global Village’s 27th season

Global Village will open for visitors on Tuesday, October 25

Emirates activates codeshare, interline agreements with Batik Air

Dubai’s Emirates announces codeshare, interline agreements with Batik Air

The partnership expands connectivity for Emirates customers with access to 25 Indonesian points on a single ticket and one baggage policy

DXB to welcome 2.1 million passengers between October 21-30

Dubai’s DXB to welcome 2.1 million passengers between October 21-30

October 30 is expected to be the busiest day, with daily passenger traffic to exceed 259,000

Dubai's DFSA partners with Thai Securities and Exchange Commission

Dubai’s DFSA partners with Thai Securities and Exchange Commission

The agreement provides a framework for further co-operation between the two authorities on regulation, policy and trends in financial services and markets

Mall of the Emirates digital concierge service

Mall of the Emirates launches Digital Concierge service, WhatsApp shopping

Customers can purchase from 350 brands, including luxury designers via the mall’s Digital Concierge website and WhatsApp chat feature

HSBC expands private banking in UAE to tap growing millionaire base

The new private bank will cater to the needs of clients with investable assets of over $2m

Former head of Portuguese national carrier named CEO of Etihad Aviation Group

Antonoaldo Neves succeeds Tony Douglas, who will serve during his transition period as an advisor to the board of ADQ Aviation and Aerospace Services Company

Flydubai to launch twice-weekly service to Osh in Kyrgyzstan

Flydubai to launch twice-weekly service to Osh in Kyrgyzstan

The addition of flights to Osh makes it the second point in Kyrgyzstan including the capital, Bishkek

Mubadala Capital acquires US-based TruFood

Abu Dhabi’s Mubadala Capital acquires US-based TruFood

Financial details of the transaction were not disclosed

Masdar and Germany’s Uniper to build green hydrogen plant in UAE

Emerge signs agreement to develop solar plant to power Khazna data centre in Masdar City

The plant will have an installed capacity of 7-megawatt peak and will provide electricity to the Khazna Abu Dhabi 6 facility

etihad-airways-and-armani-casa-launch-world-first-luxury-partnership

Etihad Airways, Armani/Casa partner to deliver a premium travel experience

Launching onboard in December, the partnership will further enhance Etihad’s premium offering, exclusively curated with designer Giorgio Armani

Ukraine uae

UAE to send $100m in humanitarian aid to Ukraine

UAE President Sheikh Mohamed bin Zayed Al Nahyan held a phone call with Ukraine’s premier Volodymyr Zelenskyy, earlier this week

Japan

Emiratis can travel to Japan without a visa from November 1

The decision coincides with the launch of the Comprehensive Strategic Partnership between the UAE and Japan

Dubai’s Emirates to resume daily operations to Taipei

The carrier had commenced its non-stop daily flights to Taipei back in 2014

Khalaf Ahmad Al Habtoor donates 100 vehicles to Dubai Police

UAE businessman Khalaf Al Habtoor donates 100 cars to Dubai Police

The founder and chairman of Al Habtoor Group donated a fleet of Mitsubishi Pajero SUVs

e& partners with Ericsson to build sustainable networks in UAE

The expansion will help etisalat by e& evolve its radio access network