bu Dhabi GDP growth in Q1 2023 GettyImages-1316754718

Abu Dhabi GDP shows 3.9% growth in Q1 2023: SCAD

According to SCAD estimates, Abu Dhabi’s non-oil GDP (at constant prices) surpassed the highest quarterly value of the past nine years, reaching Dhs146bn in Q1 2023

UAE banking system

UAE banks reap the benefits of an economic boom

Strong capital buffers have supported the UAE financial services sector over the years and banks are re-articulating their value proposition to thrive in the new digital environment

ADNOC Drilling secures $2bn offshore jack-up contracts

ADNOC Drilling secures $2bn offshore jack-up contracts

The drilling company said the awarding of the contracts follows more than $11.5bn in long-term contracts announced since the beginning of 2022

Aston Martin partners with EV maker Lucid

Aston Martin partners with EV maker Lucid, extends Mercedes pact

The British automaker will issue new shares to Lucid and make cash payments totalling $232m in exchange for battery-electric powertrain components

free toll and parking

Abu Dhabi announces free parking, no toll charges for Eid Al Adha 2023 holidays

There will be no parking fees and toll charges during the four days of Eid Al Adha holidays

Abu Dhabi

Abu Dhabi Summer Shopping Season features special Eid Al Adha deals, events

Abu Dhabi has a full calendar of experiences through the Eid Al Adha holidays and the following summer weeks

sale

Shopping: Dubai Summer Surprises 2023 to go on until Sept 3

Dubai Tourism has made ‘Summer Surprises’ an annual festival that features concerts, raffles, and dining and shopping offers through the summer months

UAE’s Museum of the Future join hands with MBRSC

Museum of the Future, MBRSC to spotlight UAE space milestones

The partnership was announced by Emirati astronaut Sultan Al Neyadi in a video filmed from the International Space Station

Saudi Arabia visitors cross 100 million

Hajj season begins, over two million pilgrims expected in Saudi Arabia

The kingdom announced the lifting of Covid-19 pandemic restrictions before the start of the Hajj season

Pet-friendly communities

Pet-friendly communities: Co-existing with your furry friends in UAE

Here’s how community managers can help create a sustainable, pet-friendly environment

Tom Cruise jets into Abu Dhabi’s new Midfield Terminal

Tom Cruise flies into Abu Dhabi for Mission: Impossible 7 premiere

The star of the highly anticipated seventh instalment of the Mission: Impossible franchise arrived on the first flight into Abu Dhabi’s Midfield Terminal

COP28 president designate

Dr Sultan Al Jaber calls for solidarity before COP28 conference

The two-day Paris gathering aimed to overhaul the climate finance system that is targeted at countries most vulnerable to global warming

hotel

Dorchester Collection to open first Dubai hotel by year end

Dubai’s hospitality industry is seeing a boom that started during the pandemic when the city opened its hotels and restaurants as other countries were still in lockdown

UAE’s 2022 GDP grows 7.9%, driven by non-oil activities

UAE’s 2022 GDP grows 7.9%, driven by non-oil activities

The statistics authority attributed the growth of the economy to innovative economic initiatives related to non-oil sectors and activities

RTA announces free parking metro timings during Eid al adha Dubai Image Twitter RTA

Eid Al Adha 2023: Dubai announces free parking; changes to metro, bus timings for holidays

All public parking – except at multi-level parking terminals – will be free from Tuesday, June 27 to Friday, June 30

AD Ports Group creates Khalifa Port drydocks

UAE’s AD Ports Group, Premier Marine form drydocks JV

The hub will be operated by SAFEEN Drydocks and will be fully equipped to accommodate a range of vessels

M42 and the Butterfly to empower people of determination

Abu Dhabi’s M42, The Butterfly partner to empower people of determination

The collaboration aims to foster a more inclusive ecosystem for people of determination in Abu Dhabi

Aramco, TotalEnergies award contracts for $11bn Amiral project

Aramco, TotalEnergies award contracts for $11bn petchem complex

The awarding of the contracts marks the start of construction work on the petrochemical facility

abu dhabi dark sky

Abu Dhabi targets 24 million tourists for 2023

Abu Dhabi plans to build on its destination offering for international tourists from cultural and heritage venues to state-of-the-art theme parks

Dubai announces comprehensive plan to ensure safe Eid al adha celebrations-courtesy-Dubai-Media-Office

Eid Al Adha 2023: Dubai puts comprehensive security plan in place for holidays

The plan involves government departments and police centres across the city

Bahrain’s Al Salam Bank acquires majority stake in Algerian unit

Bahrain’s Al Salam Bank acquires majority stake in Algerian unit

The plans to further support its Algerian business to accelerate its growth and capture new pockets of opportunities within the country and the wider region

Dar es Salaam

DP World in talks to expand coverage to Tanzania’s Dar es Salaam port

With access to Dar es Salaam, DP World will expand its reach on the east African coast

Qatar looking to buy stake in Washington Wizards NBA team

Qatar looking to buy stake in NBA team Washington Wizards

The NBA had revised its ownership rules to allow for passive, non-controlling, minority investments in NBA teams by institutional investors, and sovereign wealth funds

RSG x Al-Ahli Saudi FC deal Image Red Sea Global

Red Sea Global, Al-Ahli Saudi FC sign sponsorship deal

With this deal, Red Sea Global becomes the platinum sponsor of the football club’s first team

Yas Mall

Eid Al Adha 2023: Abu Dhabi extends mall timings for shoppers

The initiative will allow shoppers to enjoy longer mall opening hours throughout the week

ENVI Al Nakheel (Image: Supplied by ENVI Lodges)

ENVI Lodges reveals design of upcoming property in Saudi Arabia

ENVI Al Nakheel will open next year and will feature 25 eco-lodging pods

AD Ports, Karachi Ports JV

UAE’s AD Ports signs 50-year concession deal with Karachi Port Trust

The expansion and enhancement of Port of Karachi are expected to further cement its position as a key player in the maritime industry

Dubai government employees

Dubai upskills over 170 government employees in generative AI

The course introduced participants to some of the generative AI tools, as well as the areas in which advanced technology applications can enhance the performance of government agencies

plant based meat Thryve

IFFCO’s 100% plant-based meat Thryve set to debut in Saudi Arabia

Plant-based meat is increasingly being considered as an alternative to meat products in order to reduce the global carbon footprint of existing food systems

DET AND MASTERCARD DIGITAL PARTNERSHIP

Dubai Tourism, Mastercard launch digital city partnership

The digital partnership will work to accelerate growth across the tourism ecosystem