In pictures: Sheikh Mohammed inaugurates Museum of the Future

The 77-metre tall landmark will provide the largest platform in the region to study, envision and design the future

Dubai Festivals and Retail Establishment announces new dates for events

The year’s retail calendar has a total of 17 festivals, including citywide events, activations and experiences

Majid Al Futtaim launches ultra-exclusive Alaya Beach residential project in Dubai

Located on the banks of the lagoon in Tilal Al Ghaf, it comprises of 14 mansions and 30 villas

UAE’s Mubadala leads $500m equity round into Singapore’s Princeton Digital Group

The funds will help PDG strengthen its presence in Japan, India, Singapore, China and Indonesia

Abu Dhabi’s Khalifa Fund and noon payments to support local SMEs

Through the partnership, noon payments will offer SMEs extra support with zero setup costs, reduced monthly fees and access to advanced gateway features

UAE’s Edge Group introduces new AI-assisted unmanned ground vehicle

The new launch is the latest from Edge’s tactical UGV series, which is intended to support security and civil defence forces

UAE reports 626 Covid-19 cases, 1,994 recoveries

The nationwide case count has risen to 875,884

Investment guide: Stocks and instruments to look at during periods of high inflation

Investors should avoid growth stocks or companies with a high valuation

Bitcoin extends dip below $40,000 as gold surges further

The largest cryptocurrency dropped as low as $36,831 on Tuesday morning

Etihad

Abu Dhabi’s Etihad announces new flights to Greece, Spain and Zanzibar

The airline will begin operating these summer routes starting June 15

How DeFi is reshaping the financial markets

Decentralised exchanges, one of the largest contributors to DeFi growth, reported more than $1tn in trade volume over the last year

UAE eyes more trade pacts to secure billions in investments

The UAE signed a deal with India recently

Cleveland Clinic Abu Dhabi - Cancer Center

New cancer treatment centre to open in Abu Dhabi this year

Cleveland Clinic Abu Dhabi’s Cancer Centre will be modelled on its Taussig Cancer Centre in Ohio

Dubai’s DXB welcomes 29.1 million passengers in 2021, remains world’s busiest airport

India retained its position as the top destination country for DXB by passenger volumes

Ajman free zone

Ajman Free Zone registers 1,792 new companies in 2021

Ajman Free Zone marked a 90 per cent rise in the occupancy rate of its rental units, which extend over 867,000 sq m

How tokenisation is transforming culture

Tokenisation turns consumers into investors, creating multiple revenue streams while increasing consumer engagement for brands, from fashion to music

Dubai’s Jafza and Prime Aquaculture to build region’s first marine shrimp RAS farm

The high-tech farm will produce over 1,000 metric tonnes of shrimps annually – three times more than the current shrimp production in the UAE

Saudi Aramco

Saudi Aramco shares hit record as oil demand rebounds

Crude prices have surged around 20 per cent this year

Oil and gas prices are likely to remain elevated in 2022: APICORP

Power sector investments in the MENA region are also expected to continue to thrive, with an accelerating shift towards renewables

Dubai Cultiv8 and Oman Holding International invest $5m in Udrive

The investment will support Udrive’s upcoming expansion in the region and enhancements of its technology

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Dubai’s travel platform Wego to acquire Cleartrip’s Middle East business

Travel bookings worth $2bn were generated by the combined businesses in 2019 pre-Covid and the company expects to return to this rate by the end of 2022

UAE reports 651 Covid-19 cases, 2,640 recoveries

The nationwide case count has risen to 875,258

Virgin Mobile UAE unveils new biodegradable SIM cards

It is the first mobile operator in the UAE to introduce eco-friendly SIMs

Museum of the Future

Watch: Flying Iron Man delivers special invitations to visit Museum of the Future in Dubai

The stylised video shows the jetpack-powered Browning taking off from the museum and landing at various locations across the city

UAE and India sign Comprehensive Economic Partnership Agreement

The strategic partnership could boost the value of bilateral trade between India and the UAE to over $100bn within the next five years

Vitol CEO sees oil above $100 for a ‘prolonged period’ this year

Energy supplies are struggling to keep up with a robust economic recovery

Dubai Metro

Dubai: 461 million riders used mass transit means, shared transport and taxis in 2021

Last year, the daily average number of riders using mass transit means and taxis reached 1.3 million, compared to approximately 948,000 in 2020

Abu Dhabi

Abu Dhabi studying next-generation nuclear to make hydrogen

Hydrogen is considered a promising replacement for fossil fuels in the energy transition

Rising momentum of the region’s banking sector

GCC banks are paving the way for a promising year

How to strike a balance while monitoring performance in a hybrid working era

Where do we draw the line between activity-based monitoring and meaningful performance-based measurement?