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Emirates and Royal Air Maroc

Dubai’s Emirates, Royal Air Maroc launch codeshare partnership

The codeshare partnership will offer customers more ways to book and connect their travel between the two airlines’ networks

ADNOC Distribution

Abu Dhabi’s ADNOC Distribution reports Dhs671m in net profit for Q1 2022

ADNOC Distribution posted a 7.8 per cent year-on-year increase in EBITDA, totalling Dhs881m

Dubai

ATM 2022: Dubai receives 630,000 health tourists in 2021

As many as 55 per cent of the international health tourists were men, while 45 per cent were women

Hellenic Development Bank

Mubadala extends co-investment partnership with Hellenic Development Bank of Investments

The Mubadala-HDBI co-investment partnership was first established in 2018 with an initial focus on minority direct private equity investments in Greek businesses

Debt management office

Government of Dubai establishes a debt management office

Rashid Ali bin Obood Al-Falasi has been appointed as the chief executive officer of the debt management office

UAE reports 233 Covid-19 cases, 284 recoveries

The nationwide case count has risen to 900,484

Jumeirah Group

Jumeirah Group launches new lounge at Dubai International Airport

The Jumeirah Airport Lounge offers travellers a taste of the brand’s hospitality

atm 2022

ATM 2022: Dubai’s Emirates to launch premium economy bookings from June 1

The new cabin class will be available to Emirates customers travelling on A380 routes to London Heathrow, Paris Charles de Gaulle, Sydney and Christchurch

Flydubai

Dubai’s flydubai carried 2.35 million passengers in Q1 2022

The carrier has grown its network to more than 100 destinations

Dubai FDI

Dubai ranked first globally in attracting FDI projects in 2021

The annual ‘Dubai FDI Results and Rankings Highlights Report 2021’, placed Dubai on top globally in attracting greenfield FDI projects in 2021

Dubai RTA

Dubai’s RTA to build bus and taxi lanes stretching 37 km over five years

These lanes cover eight main streets

Digital payment

Cashless economy: How adoption of digital payments is on the rise

E-commerce represents a significant avenue through which the adoption of digital payments can expand growth opportunities

Alan’s corner: How to adopt a long-term perspective when building your legacy

Markets evolve, as do customers, creating the need for an organisation to continuously adapt

UAE Covid

UAE reports 198 Covid-19 cases, 279 recoveries

The nationwide case count has risen to 899,835

Etihad Airways

Abu Dhabi’s Etihad Airways performs 42 ecoflights over five days

Etihad Airways’ ecoflights tested a range of operational efficiencies and technologies

OPEC

OPEC+ sticks to small supply hike as EU eyes Russia oil ban

OPEC and its allies rubber-stamped the standard 432,000 barrel-a-day increase for June

union properties

Shareholders of Dubai developer Union Properties approve continuity of company

The company board affirmed its support for legal action against the previous management

Flydubai

Flydubai to operate flights to select destinations from Dubai World Central from May 9

Passengers travelling from DWC will enjoy complimentary parking at the airport

Covid cases August 12

UAE reports 196 Covid-19 cases, 301 recoveries

The nationwide case count has risen to 899,637

Dubai

Dubai saves 2.2 TWh of electricity, 5.6 billion gallons of water in the past decade

Savings in the commercial sector between 2012 and 2021 amounted to 1.3 TWh of electricity and 2.5 billion gallons of water

Museum of the future

Emirates unveils Dubai’s Museum of the Future livery on A380s

The airline will unveil the special livery on a total of 10 A380 aircraft, which will in turn fly to around 30 destinations over the coming year

UAE Central Bank

UAE Central Bank raises base rate by 50 basis points

The base rate suggests the general stance of the Central Bank’s monetary policy

Seha

SEHA appoints Saeed Jaber Al Kuwaiti as new group chief executive officer

Al Kuwaiti will be responsible for providing strategic leadership across the SEHA network

Crude oil japan

Japan increases crude oil imports from the UAE

Japan’s total oil imports in March amounted to 89.15 million barrels, compared to 78.51 million barrels in February

Emirates Bali

Dubai’s Emirates resumes flights to Bali

The resumption of services to Bali, comes with the easing of international travel restrictions, and ramping up of global operations

Dubai's Virtual asset

Dubai’s Virtual Assets Regulatory Authority enters the metaverse with Sandbox HQ

As the world’s first regulator to make its debut in the metaverse, VARA aims to ensure that the regulator is accessible to its industry in their environment

waste to energy

UAE’s first waste-to-energy plant to produce 30MW of low-carbon electricity annually

The Sharjah Waste to Energy plant will help divert up to 300,000 tonnes of unrecyclable waste away from landfills each year

Ras Al Khaimah Airventure

Ras Al Khaimah offers new hot air ballooning experience

The RAK Airventure attraction is open daily at Manar Mall and is part of the emirate’s sustainable tourism initiatives

Emirates

Free Dubai Marina cruise for Emirates boarding pass holders this month

The airline has announced several new offers across retail, dining and tourist attractions in the emirate with the My Emirates Summer Pass

Sacha Jafri on the Burj Al Arab Jumeirah Helipad

Artist Sacha Jafri on UNESCO World Heritage sites, NFTs and sending art to the Moon

He discusses the breadth of his projects this year, from a piece that will be placed for eternity on the Moon, to an exhibition that pays tribute to this planet’s UNESCO World Heritage sites, and also an NFT-linked project that celebrates the legacy of Expo 2020 Dubai