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Sheikh Khalifa

Timeline: Sheikh Khalifa bin Zayed Al Nahyan – UAE President

Born in 1948, Sheikh Khalifa was appointed as the President of the UAE by the Supreme Council on November 3, 2004

Aster Guardian Global Nursing award

Kenyan national wins $250,000 Aster Guardian Global Nursing award in Dubai

Anna Qabale Duba was crowned the first-ever recipient of the award which received 24,000 entries

UAE leaders mourn passing of President Sheikh Khalifa

Sheikh Khalifa bin Zayed Al Nahyan passed away on May 13, at age 73

UAE President Sheikh Khalifa bin Zayed Al Nahyan passes away

Work in ministries, departments, federal and local institutions, and the private sector will be suspended for three days

Covid-19

UAE reports 369 Covid-19 cases, 250 recoveries

The nationwide case count has risen to 901,809

DEWA

UAE’s DEWA reports net profit of Dhs691m for Q1 2022

Dubai’s main power and water company also reported a 15 per cent growth in Q1 2022 revenues to Dhs5.068bn

Dubai’s Emirates Group cuts annual loss by 83% to $1bn for FY 2021-22

“We expect the group to return to profitability in 2022-23″ – Sheikh Ahmed bin Saeed, Emirates Group chairman

Hub71

Abu Dhabi’s Hub71 welcomes 16 new startups to join ecosystem

The new cohort will have the opportunity to develop advanced technologies and gain access to the emirate’s innovation ecosystem

UAE leads Arab World in IMD World Talent Ranking 2022

UAE’s unemployment benefits scheme applicable to all public and private sector employees

The Ministry of Human Resources and Emiratisation will play a central role in this scheme to protect labour rights

Treasury bond

UAE lists first dirham-denominated treasury bond on Nasdaq Dubai

The inaugural issuance was 6.3 times oversubscribed

Air arabia abu dhabi

Air Arabia Abu Dhabi to begin seasonal flights to Tbilisi

The airline will connect Abu Dhabi to Tbilisi with thrice weekly direct flights starting June 16

UAE

UAE reports 364 Covid-19 cases, 252 recoveries

The nationwide case count has risen to 901,440

Abu Dhabi’s Mubadala reports 2021 as strongest financial year ever

Mubadala invested Dhs125bn in 2021 in high-growth sectors including technology, life sciences and consumer goods

Jafza registers 19% trade growth in 2021, generates over Dhs454.7bn

Emirates inks MoU with Jafza to support SMEs in Dubai

Emirates currently has over 20,000 SMEs enrolled in its Business Rewards programme

DXB

Dubai’s DXB records 13.6 million passengers in Q1 2022

DXB is currently connected to 193 destinations across 92 countries via 73 international carriers

Abu Dhabi non-oil trade

Abu Dhabi’s non-oil foreign trade reached Dhs61.5bn in Q1 2022

Exports recorded a growth of 35 per cent year-on-year and were valued at Dhs24.449bn

Air Arabia

Air Arabia reports Dhs291m in net profit for Q1 2022

More than 2.4 million passengers flew with Air Arabia between January and March 2022, across the carrier’s five hubs

Emirates South African

Dubai’s Emirates signs MoU with South African Tourism Board to boost visitor arrivals

The agreement aims to boost visitor arrivals and inbound traffic to South Africa from key markets across the Emirates network

airport

Abu Dhabi International Airport welcomes 2.56 million passengers in Q1 2022

The airport currently offers flights to 99 destinations across the globe on 26 airlines compared to 81 destinations on 18 carriers during Q1 2021

Global Village

Season 26 of Dubai’s Global Village welcomed 7.8 million guests

The park was open for 194 days, marking its longest season ever

Covid-19

UAE reports 312 Covid-19 cases, 264 recoveries

The nationwide case count has risen to 901,076

Emirates DCT Abu Dhabi

ATM 2022: Emirates signs MoU with DCT Abu Dhabi to boost tourism

The two partners will collaborate on advertising and cross promotional marketing campaigns, familiarisation programmes and promotional competitions

Dubai

Dubai welcomes 3.97 million overnight visitors in Q1 2022

In the first three months of 2022, hotels across Dubai achieved average occupancy levels of 82 per cent

Agthia Group

UAE’s Agthia Group posts 64% year-on-year rise in net profit for Q1 2022

Agthia’s quarterly net revenues surpassed Dhs1bn for the first time since inception

Solar Plant

UAE invites companies to bid for 40% stake in 1.5 GW solar plant

Abu Dhabi already has two solar parks that will have a capacity of 3.2 GW when fully operational

Emirates

ATM 2022: Dubai’s Emirates signs MoC with Malaysia Tourism Board

Emirates will develop initiatives to boost tourism to the Southeast Asian country, promoting it across its global network

Voco

Voco Dubai The Palm hotel set to open in the fall of 2022

It will be IHG Hotels & Resorts first property on Palm Jumeirah

UAE reports 280 Covid-19 cases, 259 recoveries

The nationwide case count has risen to 900,764

Masaar

Sharjah’s Arada awards contracts worth Dhs460m to build Masaar’s residential phase

Featuring 4,000 villas and townhouses, Masaar is divided into eight gated districts

Abu Dhabi

Abu Dhabi’s ADQ announces EUR4bn investment partnership with Greece

The agreement underscores growing economic ties between the two countries and will drive investor interest in Greece