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UAE telco du, Bahrain’s Batelco to form infrastructure platform

The 50:50 joint venture will help in “delivering connectivity and data centre services across the region”, du said

Dubai plane in fatal crash was flying ‘too close’ to larger aircraft – investigation

All the four people on board the small plane died when it crashed last month

UAE central bank focuses on real estate in anti-money laundering efforts

The bank will use a new anti-money laundering reporting platform starting from the end of June to identify illicit transactions

Tensions with Iran can be addressed ‘only’ politically – UAE minister

Anwar Gargash says it is essential to find “political solutions through dialogue and negotiations”

Revealed: What UAE residents need to do if they lose their passports abroad

A valid passport is required to travel back to the UAE

Sharjah Islamic Bank eyes double-digit loan growth, up to $500m bonds

SIB had total assets of Dhs44.7bn as of the end of last year

Burj Khalifa[2] dubai

Dubai issues close to 2,600 new business licences in May, creating over 8,300 jobs

Real estate, leasing and business services accounted for 35 per cent of the new licences issued in May

Sheikh Mohammed approves Dhs2bn Dubai–Al Ain road improvement project

The project will enhance the road’s link with several highways

Etihad warns of delays after suspending flights over Strait of Hormuz, Gulf of Oman

The move comes amidst growing tensions between the US and Iran

Saudia shifts flights away from Gulf of Oman, Strait of Hormuz

Iran shot down a high-altitude, unmanned U.S. drone last week

Understanding DIFC’s new insolvency law: What kind of an impact will it have?

The new regulation will certainly promote entrepreneurialism, but its impact will be more far reaching

Mitigating financial crime risk in the UAE

Banks can build more robust anti-money laundering and sanctions compliance frameworks through the effective use of technology

UAE residence visa

UAE residence visas for dependents over 18 can now be renewed

Parents will no longer be required to apply for the visa under humanitarian appeals

Dubai Summer Surprises reveals line-up of events, offers this year

The annual festival will run from June 21 until August 3 this year

Dubai financial regulator DFSA suspends firm for non-compliance

The licence of Rasan Capital Limited has been suspended for 12 months

UAE’s biggest lender FAB to shut Qatar operations amid row with Doha

The move came after a Qatari regulator earlier this month placed more business restrictions on First Abu Dhabi Bank

Video: Abu Dhabi police seize 423kg of drugs in largest haul in the UAE

Officials have arrested 12 suspects

Dubai startup Zbooni raises $1.1m funding

Founded in 2017, the app assists companies to boost sales via social media platforms

UAE to triple fine for not giving way to emergency vehicles

The penalty for the offence has been increased to Dhs3,000

Indian billionaire BR Shetty receives 10-year UAE visa

Several Indian businessmen have been granted long-term residency in recent months

Emirates to add 46 flights to Jeddah, Madinah during Hajj season

The flights will be operated between July 27 and August 22

Uber to retain Careem brand for now

The $3.1bn dollar acquisition makes Careem a wholly owned subsidiary of Uber

Video: High sea waves cause flooding in parts of the UAE

Roads in parts of the country were closed on Monday

Dubai contractor Drake and Scull appoints new chairman

Shafiq Abdelhamid replaces Obaid Bin Touq, who resigned from the company last month

Dubai-based Bangladeshi businessman receives UAE gold card residency

Mohammed Mahtabur Rahman, chairman and managing director of the Al Haramain Group has been granted permanent residency

Abu Dhabi’s Etihad Airways appoints new CFO

Former CFO Mark Powers resigned in April for personal reasons

Abu Dhabi’s Sanad Aerotech seals $6.5bn Rolls-Royce engine repair contract

Sanad Aerotech will provide overhaul services for Trent 700 engines until 2027 under the deal

Dubai’s Emirates will soon replace all plastic straws onboard flights

As of June 1, eco-friendly paper straws have been introduced on Emirates flights

Abu Dhabi’s ADNOC, OCI partner to create MENA’s largest fertilizer producer

The JV will become the largest export-focused nitrogen fertilizer platform globally

Dubai finalising project to issue business licences without residency

Dubai’s DED issued 9,489 business licences between January to April, up 35 per cent year-on-year