Mubadala and G42 launch of M42

Abu Dhabi’s Mubadala, G42 launch tech-enabled healthcare firm

The merged entity is expected to transform the way care is delivered while bridging the gap between the latest healthtech advancements and the clinical outcomes patients receive

Hayya Platform

Qatar streamlines tourist visa applications with revamped Hayya platform

Taking place with immediate effect, the platform will become the single portal for all tourist and business visas to the country

AZADEA Group opens 23 new stores in Abu Dhabi’s Reem Mall

AZADEA Group expands footprint with 23 new stores in Abu Dhabi

The lifestyle retailer said the expansion will give visitors to Reem Mall a wider selection of top brands to pick from, including 10 franchises debuting in the city for the first time

UAE

Eid Al Fitr 2023 likely to start on April 22 in UAE

The Eid Al Fitr holiday begins at the end of Ramadan and UAE residents are looking forward to a four or five-day weekend this year

Mubadala to invest in Brazil

Mubadala commits to invest $2.5bn in clean fuel in Brazil

The investment will be made through the company’s Acelen unit in Brazil and the company expects to start production in the first quarter of 2026

Signing of the upcoming DoubleTree by Hilton Jeddah Al Andalus Mall (Image: Supplied by Hilton)

DoubleTree by Hilton announced for Jeddah

Hilton currently operates 16 hotels in Saudi Arabia and has another 51 under development

Commission for AlUla

Saudi’s Royal Commission for AlUla to restore old mud-brick buildings into high-end hotel

Dar Tantora by The House Hotel, a Kerten Hospitality brand, will open with 30 guest rooms

Dubai and Cruise Chevy Bolt

Dubai issues law regulating autonomous vehicles

The city aims to deploy 4,000 autonomous vehicles by 2030 and the rollout is expected to alleviate traffic congestion and cut harmful emissions

Golden Visa: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum

Dubai to issue Golden Visas to imams, muezzins and muftis

The latest inclusion was made in recognition of eligible candidates’ efforts and societal role in promoting positive values and morals

Saudi Arabia tranfer Aramco stake

Saudi Arabia transfers 4% Aramco stake to PIF

The state remains the largest shareholder in Aramco after the transfer, as it retains more than 90 per cent of the company’s shares

UAE and Brazil Presidents

UAE President receives President Lula of Brazil

The UAE is one of Brazil’s largest trading partners and President Lula’s visit is expected to boost bilateral relations between the two countries

Dubai property market Morgan Stanley

Morgan Stanley sees cash buyers and Chinese buoying Dubai property

Demand for Dubai real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers

Dubai luxury properties

Dubai: Meeting the demand for luxury real estate

The city remains a lucrative luxury property market, where proactive government policy are fuelling demand from buyers and investors alike

Air Canada Boeing B787-9 Dreamliner

Air Canada to connect Vancouver-Dubai with Boeing 787

The carrier will use Boeing 787 Dreamliner aircraft on Vancouver and Dubai flights, which features three cabins services

UAE central bank

UAE banks record Dhs245.5bn in saving deposits by January-end

The central bank said saving deposits in the banking system have increased in recent years, from Dhs152bn in 2018 to Dhs241.8bn in 2021

Saudi Arabia Crown Prince Mohammad bin Salman

Saudi Arabia opens four new economic zones to boost investment

The economic zones are expected to accelerate growth, increase export competitiveness, attract talent and improve the country’s global links

Mashreq & WorldGBC

Mashreq bolsters sustainability goals by joining World GBC

The collaboration with WorldGBC offers the bank a platform to strengthen its net zero commitments

Etihad Airways Business Class (Image: Supplied by Etihad)

Etihad debuts unlimited and free inflight social media messaging access

Additionally, it will offer unlimited internet data packages on its widebody aircraft for a flat fee

ADNOC Drilling platform

ADNOC Drilling secures $412m contract to develop Upper Zakum oilfield

The contract will enable the efficient delivery of completion services at Upper Zakum field and adds 20 per cent to annual revenue compared with 2022

ADNOC L&S by WAM

ADNOC L&S expands fleet with five very large gas carriers

The carriers have dual-fuel engine technology and use liquified petroleum gas as their primary fuel source

abu dhabi dark sky

Abu Dhabi inaugurates new bridge, slashes travel time to 3 minutes

Situated on Abu Dhabi Al Ain Road (E22), the new highway improves traffic flow to and from Bani Yas and other nearby areas

Oman earthquake

Magnitude 5.8 earthquake strikes off the coast of Oman

The 5.8 magnitude earthquake in Oman did not affect the UAE nor felt by any residents

EGA decarbonisation drive

EGA joins Australia’s HILT CRC to advance decarbonisation goals

The UAE firm is the first HILT CRC industry partner with operations entirely outside Australia

TAQA Group CEO and managing director, Jasim Husain Thabet

UAE utility firm TAQA sets up green finance framework

The Abu Dhabi-listed firm said proceeds from the issuances will be used to finance eligible green projects including renewable energy

Gen Zers

Gen Zers have new priorities for Ramadan, reveals AI-powered study

New research by Sila Insights mapped nearly two million online conversations to discover how Ramadan is evolving through changes in demographics and lifestyle choices

Dubai Health Authority

Dubai welcomes 674,000 medical tourists in 2022

The city’s strategic location, exceptional infrastructure and amenities add to the factors that have raised its status as a medical tourism hub

qatar airways cargo

Qatar Airways Cargo launches a direct freighter service from Bogota to Dallas Fort Worth

The once weekly Boeing 777 freighter will offer close to 100 tonnes of cargo capacity

Hamad International Airport

Hamad International Airport teams up with Dell Technologies to drive innovation

The airport chose Dell PowerEdge servers to enhance its infrastructure capabilities

EFG Hermes exit Oman

EFG Hermes shuts Oman operations

The universal bank said the move comes in light of its efforts to drive shareholders’ value by optimising its operations and improving the return on equity metric

Oman Ahli United Bank, Bank Dhofar merger

Oman’s Ahli Bank rejects merger offer from Bank Dhofar

The board of directors studied the non-binding proposal from Bank Dhofar and decided not to accept it