#Dubai

UAE Ministry issues resolution on bank guarantees and employees’ protection insurance

UAE: New classification system for private sector will determine cost of work permits

The cost of the permits will range from Dhs250 to Dhs3,450, depending on each company’s compliance with the country’s labour regulations and guidelines

Tier Mobility Dubai Districts

Tier Mobility expands across 10 districts in Dubai

Al Khawaneej, Business Bay, Dubai Internet City, Dubai Marina Promenade, Greens, Jumeirah Beach Cycle Track, and Palm Jumeirah are among the new districts

dnata

Dubai’s dnata to replace vehicles, equipment with electric units

dnata aims to become carbon neutral and reduce general and maintenance costs

dubai instant licences

Dubai’s Department of Economy and Tourism issued 32,564 Instant Licences to businesses

The Instant Licences initiative was launched in Dubai in August 2017 to streamline the process for entrepreneurs to set up their businesses

dubai uae

Dubai wants metaverse to contribute $4bn to its economy by 2030

A new task force has been set up by the Dubai government to track the latest developments in the digital economy

Averda Nakheel

Averda becomes Nakheel’s primary waste and sustainability partner for Discovery Gardens

Averda will provide 50 large recycling cages, making it easier for residents to recycle, with three bins dedicated to collect electrical items

all stars football club

Celebrities from India and the UAE participate in charity match in Dubai

The Mumbai-based All Stars Football Club played against Emirates United at the Shabab Al Ahli Stadium in Mamzar earlier this month

Dubai airport show

Focus on innovative technology is key, say experts at Dubai Airport Show

The 21st edition of Airport Show opened on May 17 at the Dubai World Trade Centre with participation from more than 150 international companies

Museum-of-the-Future

Dubai’s Museum of the Future partners with Binance to issue NFTs

The Museum of the Future intends to develop assets within the fields of NFTs, cryptocurrencies and the blockchain

SPID Houlihan Lokey Imperial Avenue

Houlihan Lokey raises around $200m for Shapoorji Pallonji for project in Downtown Dubai

Imperial Avenue, a 45-floor residential tower, is Shapoorji Pallonji’s flagship real estate project in the UAE

dnata

Dubai’s dnata invests over $17m to boost Erbil operations

Dnata currently provides passenger, ground and cargo services to over 25 airlines in Erbil

RTA-bus-dubai

Dubai’s RTA resumes 4 intercity bus services, launches new intra-city route

The F38 service which will begin operation on May 19 will connect Jumeirah Golf Estates Metro Station to Dubai Sports City

Emaar signs deal with Dubai Holding to acquire Dubai Creek Harbour

Dubai’s Emaar Properties records 241% increase in net profit for Q1 2022

Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn

emirates hiring

Dubai’s Emirates confirms it is on a major cabin crew recruitment drive

The airline said that it is hiring candidates in 30 cities from now until the end of June

Dubai’s GII buys 51% of Saudi Arabia’s Almeswak for $530m

Almeswak operates more than 80 centres across 20 cities in Saudi Arabia

DEWA

UAE’s DEWA reports net profit of Dhs691m for Q1 2022

Dubai’s main power and water company also reported a 15 per cent growth in Q1 2022 revenues to Dhs5.068bn

Dubai’s Emirates Group cuts annual loss by 83% to $1bn for FY 2021-22

“We expect the group to return to profitability in 2022-23″ – Sheikh Ahmed bin Saeed, Emirates Group chairman

Jafza registers 19% trade growth in 2021, generates over Dhs454.7bn

Emirates inks MoU with Jafza to support SMEs in Dubai

Emirates currently has over 20,000 SMEs enrolled in its Business Rewards programme

Entrust Cyberknight

Entrust onboards CyberKnight as new distributor for Middle East Region

The partnership will see the two companies jointly build solutions for the Middle Eastern market

Global Village

Season 26 of Dubai’s Global Village welcomed 7.8 million guests

The park was open for 194 days, marking its longest season ever

Dubai

Dubai welcomes 3.97 million overnight visitors in Q1 2022

In the first three months of 2022, hotels across Dubai achieved average occupancy levels of 82 per cent

Emirates

ATM 2022: Dubai’s Emirates signs MoC with Malaysia Tourism Board

Emirates will develop initiatives to boost tourism to the Southeast Asian country, promoting it across its global network

Emirates and Royal Air Maroc

Dubai’s Emirates, Royal Air Maroc launch codeshare partnership

The codeshare partnership will offer customers more ways to book and connect their travel between the two airlines’ networks

Dubai

ATM 2022: Dubai receives 630,000 health tourists in 2021

As many as 55 per cent of the international health tourists were men, while 45 per cent were women

Debt management office

Government of Dubai establishes a debt management office

Rashid Ali bin Obood Al-Falasi has been appointed as the chief executive officer of the debt management office

Jumeirah Group

Jumeirah Group launches new lounge at Dubai International Airport

The Jumeirah Airport Lounge offers travellers a taste of the brand’s hospitality

atm 2022

ATM 2022: Dubai’s Emirates to launch premium economy bookings from June 1

The new cabin class will be available to Emirates customers travelling on A380 routes to London Heathrow, Paris Charles de Gaulle, Sydney and Christchurch

Flydubai

Dubai’s flydubai carried 2.35 million passengers in Q1 2022

The carrier has grown its network to more than 100 destinations

Dubai FDI

Dubai ranked first globally in attracting FDI projects in 2021

The annual ‘Dubai FDI Results and Rankings Highlights Report 2021’, placed Dubai on top globally in attracting greenfield FDI projects in 2021

Dubai RTA

Dubai’s RTA to build bus and taxi lanes stretching 37 km over five years

These lanes cover eight main streets