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UAE’s e& offers to boost stake in Mobily in $2.12bn deal

E& offered SAR47 a share for a higher stake in Mobily, a 22.2 per cent premium to its Tuesday’s closing price

Louvre Abu Dhabi

Aldar Properties launches world’s first Louvre-branded residences in Abu Dhabi

Located within Saadiyat Grove, Louvre Abu Dhabi Residences will feature 400 apartments including five penthouses

Dubai’s Global Village announces extension till May

The 26th season of the multicultural family destination is currently underway

Selfologi launches the region’s first cosmetic treatments marketplace

The digital platform redefines how consumers discover, learn about, and book cosmetic treatments

Amazon.ae reveals dates for ‘Ramadan Sale’

The sale will run for ten days, with deals on more than 30 product categories

Vaccinated and unvaccinated UAE residents can now visit Israel

Travellers from the UAE will still have to present a negative PCR test taken before departure and after arriving in Israel

UAE reports 318 Covid-19 cases, 1,073 recoveries

The nationwide case count has risen to 886,301

UAE’s Masdar announces start of construction for solar PV plant in Azerbaijan

Masdar also signed agreements related to the development of additional clean-energy projects across the country

Dubai Metro Music Festival

Here’s where you can catch the Dubai Metro Music Festival

It will be held from March 16-22 across five metro stations in the emirate

Emirates

Emirates Skywards and ICICI Bank to launch new co-branded credit card in India

India is home to Emirates Skywards’ fifth largest membership base

Dubai airport

Woman caught smuggling 5.6kg of cocaine at Dubai International Airport

The woman, arriving from a Latin American country, concealed the drugs in a hidden compartment in her suitcase and in bottles of body-care products

UK’s Johnson to meet UAE, Saudi leaders this week

Saudi Arabia and the UAE pump more than 13 million barrels a day of oil between them

Wizz Financial to introduce live digital payment platform in the UAE

Wizz Financial will partner with NPCI International Payments (NIPL), the international arm of National Payments Corporation of India

UAE reports 280 Covid-19 cases, 947 recoveries

The nationwide case count has risen to 885,983

Ramadan 2022: Private sector working hours announced in UAE

The reduced hours will be applicable throughout the holy month of Ramadan

Dubai’s Emirates to commence daily service to Tel Aviv in June

The first flight taking off from Dubai on June 23 will operate as EK931

E-commerce

UAE e-commerce market valued at over $5bn in 2021

Total e-commerce in the UAE is projected to cross $8bn by 2025

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approves Services 360

Sheikh Hamdan approves Services 360 policy to improve Dubai Government services

The initiative is expected to achieve annual financial savings exceeding Dhs1bn over the next five years and the elimination of nine million physical customer visits to service centers annually

Dubai Electricity and Water Authority

Dubai Electricity & Water Authority to sell 6.5% stake in IPO

The offer price range will be announced on March 24 with an expected trading debut on April 13

UAE announces guidelines for Ramadan Iftar tents

Iftar tents should open two hours before Iftar time to avoid congestion

UAE’s Cartlow and Eros partner to support digital decarbonisation

The partnership aims to increase the life cycle of products and reduce e-waste from entering landfills

Ain Dubai closes temporarily with immediate effect

The attraction will reopen on the Eid Al Fitr holiday weekend

Private schools in Sharjah to resume 100% in-person education next month

Physical attendance for private school students will be mandatory from the new term

UAE reports 296 Covid-19 cases, 980 recoveries

The nationwide case count has risen to 885,703

Abu Dhabi’s Sanad and Thales to collaborate on aviation services

The partnership will help Mubadala-owned Sanad diversify its portfolio and focus on industrial services in air traffic, airport security and avionics

Strong growth within Dubai’s luxury property segment

Despite the impact of the pandemic, luxury homes in Dubai remain in high demand

Baskin Robbins celebrated the opening of its 1000th store at the Dubai Hills Mall on Thursday March 10, 2022 (Photo by Neeraj Murali)

Baskin-Robbins opens region’s 1,000th store in Dubai

Located in Dubai Hills Mall, the store was opened on March 10, by the American multinational chain and master licensee Galadari Ice Cream Company

Charting the growth of the regional fintech ecosystem

Saxo Bank MENA’s CEO Damian Hitchen talks about the region’s fintech space and the challenges faced by the financial sector

Sheikh Mohamed bin Zayed Al Nahyan

Sheikh Mohamed bin Zayed meets King of Bahrain in Abu Dhabi

The two leaders reportedly discussed ways to expand cooperation across all fronts

Dubai’s DEWA completes construction of first stage of world’s largest aquifer storage and recovery project

The project will be capable of storing up to 6,000 million imperial gallons of water once completed by 2025