INVESTMENT

Bahrain signs $1.3bn strategic investment deal with UK

The agreement aims to facilitate investment in sectors such as clean technology, business services and manufacturing

Birmingham Airport

Saudia launches first flight to Birmingham Airport

This is a significant step in Saudia’s strategy of expanding its international network and strengthening connections between the kingdom and the rest of the world

Ramada Encore by Wyndham Al Khobar Corniche (Image: Supplied by Wyndham Hotels and Resorts)

Wyndham to open 79-key property in Al Khobar

Ramada Encore by Wyndham Al Khobar Corniche is located in Saudi Arabia’s Eastern Province

Red Sea Global Water sports

Red Sea Global, North Sails collaborate on sustainable sailing and water sports

The partnership will involve North Sails Apparel providing performance apparel for WAMA, RSG’s water sports brand, catering to the needs of their sailing and water sports staff

RTA transports over 6 million riders across Dubai during Eid Al Adha Image courtesy RTA twitter

RTA transports over 6 million commuters across Dubai during Eid Al Adha

The number of metro riders on both the Red and Green Lines during the holiday reached 2.388 million riders

Investcorp invests $100m in communications firm SEC Newgate

Bahrain’s Investcorp invests $100m in communications firm SEC Newgate

The transaction is expected to close between the third and fourth quarter of 2023, subject to regulatory approvals

UAE updates energy strategy, to invest 54.5bn in renewables

UAE updates energy strategy, to invest $54.5bn in renewables

The strategy aims to triple the contribution of renewables to the country’s energy mix by 2030 to reduce the effects of climate change

ADNOC Gas awards natural gas pipeline contracts worth $1.34bn

ADNOC Gas awards natural gas pipeline contracts worth $1.34bn

The pipeline extension will drive further growth as part of the company’s strategy to increase its market share and enhance its customer base

Peter Hellyer image courtesy The National

Obituary: Honouring Peter Hellyer, acclaimed author, historian and filmmaker

Considered a close friend of the UAE, Hellyer leaves behind a legacy that will forever be etched in the country’s history

Fraser Suites Al Liwan Bahrain (Image: Supplied by Frasers Hospitality)

Frasers Hospitality to open third serviced apartment project in Bahrain

Fraser Suites Al Liwan Bahrain will offer 63 units and will welcome its first guests in the fourth quarter of 2023

Ajman ruler launches Masfout Development Project

Ajman’s Sheikh Humaid launches Masfout project

The project is based on several pillars including developing tourism projects and promoting the region and its history

Dubai RTA awarded contract for Garn Al Sabkha Street Sheikh Mohammed Bin Zayed Road Intersection Improvement Project Image RTA

Dubai: Dhs374m road project to enable smooth traffic flow, support population growth

The scope of the project covers the construction of four bridges, spanning 3,000 metres capable of carrying 17,600 vehicles per hour

AD Ports Group completes acquisition of Noatum

AD Ports Group completes acquisition of Spain’s Noatum

The landmark deal brings together two major industry players to form a global powerhouse in the trade and logistics industry

UAE economy

UAE economy primed for stronger growth in H2 2023

The World Bank has forecasted a 2.8 per cent growth in the UAE’s real GDP for this year

sharjah summer promotions 2023 begins on July 1 Image courtesy WAM -e1674191212440

Shopping festival: Sharjah Summer Promotions begins, up to 75% in discounts

Considered one of the key events in Sharjah’s annual retail calendar, the 65-day shopping festival is celebrating its 20th anniversary this year

Niven Al-Khoury on diabetes management strategies to be effective

Insights: How Saudi Arabia is making strides in diabetes control and prevention

There are an estimated 4.2 million patients suffering from diabetes in Saudi Arabia, out of which 1.8 million are undiagnosed

Al Kuwaiti

Dr Al Kuwaiti leads UAE delegation at Cyber Week, highlighting UAE-Israel cyber alliance

Cyber Week is an annual international cybersecurity event, hosted at Tel Aviv University in Israel for last 12 years

UAE raises petrol prices for July 2023

UAE increases petrol prices for July 2023

The cost of petrol has slightly increased following a small reduction last month

ADNOC awards Petrofac $700m contract for gas project

ADNOC awards $700m contract for gas compressor plant

The new gas compressor plant is expected to substantially increase ADNOC’s gas output from the Habshan Complex

DEWA Head Office image Dubai Media Office

DEWA launches new summer campaign; promotes smart electricity, water use

The campaign encourages customers to benefit from DEWA’s smart services and programmes, understand their consumption patterns and prevent wastage

Dubai’s luxury real estate market is booming. Here’s why

With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market

Dubai Parks organise second summer rush event at Al Mamaza Park Image Dubai Media Office

Summer Rush starts at Dubai’s Al Mamzar Beach Park

Summer Rush will run until July 9, offering fun leisure activities to residents and visitors

omni

Insights: Leveraging the ‘omni’ experience

Seven tips to leverage omnichannel retail in the Middle East

SalamAir operates six A320neo, six A321neo, and one Airbus A321 freighter

Oman’s SalamAir to launch flights to 18 routes from Fujairah Airport

The destination brings Salam Air’s network to 39 destinations across 13 countries

UAE national banks provide $201bn in financing by April

UAE national banks provide $201bn in financing by April

The banks increased their credit balance by Dhs2.1bn or 0.3 per cent in April 2023, up from Dhs735.2bn a month earlier

MBRSC successfully launches PHI-Demo satellite

UAE’s MBRSC successfully launches PHI-Demo satellite

The satellite had all its mechanical components constructed in the UAE in collaboration with the private sector

Boards must know that ESG isn’t just a buzzword

Boards must know that ESG isn’t just a buzzword. Here’s why

Many GCC enterprise boards have been serious about driving ESG initiatives and the pioneers include Aramco, Emirates NBD, Masdar and Majid Al Futtaim Group

Abu Dhabi, Dubai property market upbeat on both demand and supply side

Real estate Services Company Asteco’s CEO, HP Aengaar shares the highlights of Abu Dhabi and Dubai’s property market in the first quarter of the year and the outlook for demand and supply in the upcoming months

UAE restaurants on sustainability

Here’s how UAE restaurants are driving sustainability

Restaurants in the UAE have embraced sustainable practices to reduce their environmental impact and protect the planet for future generations

Guests Enjoying Eid Al Adha Fireworks Image DCT Abu Dhabi

Eid Al Adha 2023: Watch fireworks for free in Dubai, Abu Dhabi at these places

Eid Al Adha fireworks are being staged across Dubai and Abu Dhabi, with some locations featuring firework displays for up to five nights