MAsdar Uzbekistan JDA for clean energy projects

UAE’s Masdar to develop over 2GW of clean energy in Uzbekistan

Uzbekistan, which aims to achieve 25 percent of its energy mix from renewables by 2030, is a strategic destination for Masdar

EliteBook 1040 G9

Here’s how HP EliteBook 1040 G9 is meeting the needs of businesses

The premium business laptop combines versatile functionality, sleek design and cutting-edge security features

cybersecurity

The changing face of cybersecurity industry in the Middle East

Group-IB examines the three key developments that will shape the cybersecurity industry over the coming months

Hospitality group Accor has confirmed three new luxury properties will open in Riyadh by 2027 (Image: Supplied by Accor)

New Raffles, MGallery and Sofitel announced for Riyadh

It will include a 230-key Raffles hotel, a 250-key Sofitel Serviced Residence and a 60-villa MGallery resort

CBUAE revokes licence of an exchange firm

UAE bank investments hit record high of Dhs541bn in February

The CBUAE update showed a year-on-year growth of 15.2 per cent over the same period last year

Israel consul general Liron Zaslansky with Ian Fairservice, Managing Partner & Group Editor-in-Chief of Motiva

Strengthening the UAE-Israel partnership

H.E Liron Zaslansky, Consul General of Israel in Dubai shares her thoughts on the strong relationship between the two states and avenues for further growth

etihad airways CO2 emissions reduction in 2022

Etihad reports 26% drop in CO2 emissions per RTK in 2022

In its annual sustainability report, the airline stated that it had reduced CO2 emissions per revenue tonne kilometre to 482g compared to the 2019 baseline

Saudi Aramco appoints presidents for upstream and downstream businesses

Saudi Aramco promotes upstream, downstream heads to new president roles

Nassir Al-Naimi remains in charge of Aramco’s oil and gas production while Mohammed Al Qahtani will continue to run the refining and chemicals business

UAE, Italy strengthen economic partnership

UAE, Italy strengthen economic ties, explore investment exchanges

The partnership is expected to create new investment opportunities to support sustainable economic growth

RTA to open 3 new metro link bus routes phot courtesy RTA

Dubai’s RTA has launched these 3 new metro link bus routes

The RTA has said it will make improvements to the journey times of 48 other routes in addition to the new bus routes

UAE's One Dirham banknote issued in 1973. Image Credit: Central Bank of the UAE

UAE’s dirham marks 50 years of circulation

The Emirati dirham was issued as the UAE’s official currency replacing a mix of international currencies which had been in circulation in the emirates

UAE MoI amends certain traffic laws

UAE’s MoI announces amendments to UAE traffic laws, covers fines, points

Ministerial Resolution No (178) of 2017, which outlines traffic control rules and procedures, now includes additional violations related to the preventive measures mentioned in the resolution

Golf Digest Middle East

Golf Digest Middle East’s Play & Stay returns – this time at the top venues on Abu Dhabi’s Yas Island

Following the successful inaugural edition in Dubai, Golf Digest Middle East Play & Stay — in association with Viya Golf — is back and it’s bigger and better

Oman's OIA

Oman’s Bank Dhofar, Omnivest submit competing bids for Ahli Bank

The revised bid from Oman’s Bank Dhofar comes a day after Omnivest said it would lead a consortium that will make an offer for Ahli Bank

Port of NEOM open for business photo courtesy NEOM

Saudi Arabia’s Duba Port is now called Port of NEOM

When completed, the port will operate at net carbon zero levels with 100 per cent renewable energy at source

FTA unveils tax agents classification initiative Photo Getty Images

The UAE’s FTA unveils initiative to simplify tax compliance, enhance customer satisfaction

The initiative is designed based on the results of an opinion poll and proposals fielded by the authority through its direct communication with customers

Aldar Square photo Aldar Properties PR

Aldar Investment Properties raises $500m from inaugural green sukuk

Proceeds of the sukuk will be used in accordance with Aldar’s Green Finance Framework to finance green initiatives and acquisitions

Meta

Meta touts metaverse’s potential for job training and education

While there’s more commitment by employers in the industries to use VR, adopting the technology remains a hurdle

Amazon

Amazon to invest $12.7bn in India cloud services by 2030

The US company’s cloud business, which has data centres in the Mumbai and Hyderabad regions has already invested $3.7bn in India from 2016 to 2022

IHG to open 12 Holiday Inn Express hotels across Saudi Arabia (Image: Supplied by IHG)

IHG reaches deal for 12 Holiday Inn Express hotels in Saudi Arabia

It has signed a master development agreement with Tashyid for Hotel Operations to develop the hotels totaling 2,500 keys

UAE corporate tax exempt

UAE corporate tax: Ministry issues decision on exemptions

The decision aims to clarify the application of the corporate tax regime for individuals and ensures that only business income is taxed

QATAR GettyImages-1232572487-800x533-1

Qatar stocks could attract up to $3.5bn on free float plan

The Gulf state is considering the plan on the hopes that more trading would raise investment returns, reduce costs and help with diversification

travel and tourism

Travel and tourism sector set to contribute Dhs180.6bn to the UAE economy this year

WTTC is forecasting that the sector will create nearly 7,000 jobs this year, surpassing the pre-pandemic peak of 745,100

drone project - DCCA and DM sign MoU for Dubai Horizons Project photo courtesy Dubai Media Office

Dubai Civil Aviation Authority, Dubai Municipality ink MoU to further drone initiative

The MoU details a framework to achieve the goals of the Dubai Horizons project that is focused on planning drone flight routes and landing sites

Careem partners RTA in Dubai

Careem, RTA partner to launch ‘School Rides’ in Dubai

The company said its customers can select the ‘School Rides’ car type on its multiservice app to book affordable school rides for their children

Air Canada

Flydubai, Air Canada announce codeshare partnership

The partnership enables customers to conveniently travel to nine routes by obtaining a single ticket

Dimitrios Dosis, president– Mastercard EEMEA

Cover story: Mastercard’s Dimitrios Dosis talks strategy and innovation

The company’s EEMEA president shares how the company is contributing to the digital economy and serving communities

World Bank non-oil

World Bank expects UAE’s non-oil economy to grow by 4.8% in 2023

The economies of the Gulf Cooperation Council are projected to grow by 2.5 per cent in 2023 and 3.2 per cent in 2024

IHG Hotels and Resorts signs the agreement with Arkan Palm for Real Estate Investment (Image: Supplied by IHG)

IHG confirms two additional properties in Cairo

The InterContinental West Cairo 205 and voco West Cairo 205 Suites will together add 390 keys to the group’s portfolio in Egypt

Fairmont Cheshire The Mere (Image: Supplied by Fairmont)

Dubai’s Select Group to open Fairmont Cheshire The Mere in the UK

Following an extensive renovation programme, the historic property which features an 18-hole championship golf course will open in Q3 2024