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Abu Dhabi’s Mubadala invests in Australia’s largest urea plant

Abu Dhabi’s Mubadala invests in Australia’s largest urea project

The transaction represents the largest investment ever made in the Australian fertiliser industry

Etihad Airways plans to double passengers, fleet size by 2030

Etihad CEO considers buying small number of Airbus, Boeing jets

CEO Antonoaldo Neves said Etihad was in talks with lessors and the planemakers in attempt to secure additional jets

Abu Dhabi's IHC Q1 net profit hits Dhs8bn Image-courtesy-WAM

IHC sees Q1 profit rise 87.6%, announces share buyback programme

The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn

DCT Abu Dhabi Carbon Calculator tool launched to promote sustainability Image DCT Abu Dhabi

ATM 2024: Abu Dhabi unveils carbon calculator for hotels

Launched at Arabian Travel Market, the Carbon Calculator is a mandatory tool for all hotels within the emirate to track and quantify carbon emissions

UAE-NZ-CEPA TRADE TALKS-WAM

CEPA: UAE, New Zealand launch talks for a free trade deal

The UAE is New Zealand’s largest trade partner in the Middle East

FLYDUBAI

flydubai pax numbers rise in Q1 2024, fleet retrofit in progress

The airline carried close to five million passengers between January and April, a 13 per cent increase compared to the same period last year

UAE - GCC visa free travel

ATM 2024: UAE reveals details of GCC’s Schengen-styled ‘Grand Tours’ visa

The GCC Grand Tours visa will allow tourists to spend more than 30 days in the region

Dubai says Q1 international visitors up 11% this year

Dubai says Q1 international visitors up 11% this year

The city reported 5.18 million international overnight visitors in Q1 2024

New photos of UAE’s gaming destination: Wynn Al Marjan Island

Wynn Al Marjan is anticipated to be the first integrated gaming resort in the Middle East and North Africa region

EMIRATES-a350-aerial-atm2024

Mega upgrade: Emirates announces 9 destinations for new A350 aircraft

From Edinburgh in the UK to Ahmedabad in India, Emirates will be introducing its new A350 across a host of routes

Mastercard

How Mastercard is driving financial inclusion in the Middle East

Mastercard’s chief operating officer for EEMEA region Khalid Elgibali tells us about how his company is innovating when it comes to cross-border and digital payments

LOGICONNECT - women in tech platform

Advancing the cause of women in tech

A tech company takes the initiative to drive gender diversity in the industry

Tax strategies to help expand your business globally GettyImages-918061226

UAE corporate tax: Deadline alert

New corporate tax deadlines for businesses to start in May. Here’s what you need to know

ATM events

May events at DWTC: Arabian Travel Market, AWS MENA Summit, CABSAT Middle East and more

The May lineup brings will enable businesses to engage and network in the heart of Dubai

Egypt-GettyImages-520265584-e1703142282632

Egypt braces for second summer of power cuts as gas supplies dwindle

Power cuts are hurting Egypt’s small businesses that play a crucial role in an economy where growth has slowed

Sha Emirates Island

Sha Emirates: Abu Dhabi’s island community dedicated to wellbeing

SHA Emirates will feature an international wellness clinic and residences that reflect a transformative approach to healthy living

Mubadala invests in Avanse

UAE’s Mubadala Capital plans $13.5bn biofuels investment in Brazil: FT

Mubadala’s asset management arm is expanding its presence in Brazil, venturing into sectors such as transportation infrastructure, education, and fast-food franchises

Middle East and tackling food prices

World food prices up in April for second month, says UN agency

The FAO’s cereal index inched up to end a three-month decline, supported by stronger export prices for maize

oil

OPEC+ likely to extend oil production cuts in June: Insight

Oil inventories and prices close to the long-term average imply ministers are likely to decide to keep output unchanged, based on their behaviour in the past

Dubai’s RTA introduces new ‘Stadium’ bus station

RTA inaugurates new ‘Stadium’ bus station, improves bus routes

The bus station is designed to shorten travel times and provide seamless connections to other mass transit options

Growth in UAE’s non-oil sector accelerates in April

UAE’s non-oil business activity picks up in April, S&P Global says

The seasonally adjusted S&P Global UAE PMI dropped to 55.3 in April, the lowest reading since August 2023, and further eased from 56.9 in March

e& Group refutes reports of potential United Group deal

e& Group refutes report of potential United Group deal

The Abu Dhabi-listed firm said it “continually reviews relevant market opportunities with the objectives of maximising shareholder value”

ADNOC boosts oil production capacity to 4.85 million bpd

Abu Dhabi’s ADNOC says oil production capacity hits 4.85 million bpd

The announcement comes just ahead of a June 1 meeting in Vienna of the OPEC+ alliance

Faisal Al Sahlawi – GM – Dubai Autodrome

Dubai Autodrome’s GM Faisal Al Sahlawi shares its role in driving motorsport in the UAE

As the UAE’s premier motorsport and entertainment venue, Dubai Autodrome hosts some of the largest motorsport grids in the region plus a host of international events

Dubai-Financial-Market releases upgraded ivestor app image Dubai Media Office

Dubai Financial Market releases upgraded iVestor app

The iVestor App allows direct subscription to both public and private offerings, enhancing investment accessibility in the region

dubai remote work

Dubai extends remote work for public sector to Friday

Dubai government’s directive for remote work applies to all government employees in the emirate, except for those in essential roles

Aldar unveils ‘active living’ community Athlon in Dubai

Sales of units at the first phase of Athlon will launch on May 7, with prices starting from Dhs2.8m

Abu Dhabi's ADQ lists debut $2.5bn bond on London Stock Exchange

Abu Dhabi’s ADQ lists debut $2.5bn bond on London Stock Exchange

Leveraging favourable market conditions and investor appetite, ADQ’s bond issuance garnered significant interest

Emirates, Boeing partner to advance aircraft maintenance

DXB: Emirates, flydubai warn of flight delays, cancellations as rains lash the UAE

Emirates notified passengers of flights being rescheduled due to adverse weather conditions

Amali Island

Ultra luxury villa community Amali Island debuts in Dubai

Residents will enjoy beachfront resort-like amenities, including a 10,000-square-foot clubhouse, spa, floating helipad and floating padel court