Emirates mobile check-in ports

Emirates introduces new mobile check-in ports at Dubai International airport

Staff at the 25 ports located in Terminal 3 will help customers weigh their bags, tag their luggage, and issue their boarding passes too

Aldar Properties acquires Rixos Bab Al Bahr for Dhs770m, takes total investment in RAK to Dhs1.5bn

Aldar has also secured development rights for an additional 250,000 sq ft of gross floor area for residential and commercial use as part of the deal

UAE raises fuel prices for April 2022

It is the third consecutive month that fuel prices have increased

Dubai Industrial City

Etihad Rail to build freight terminal at Dubai Industrial City

The 5.5 million sq ft terminal will have a capacity to handle 5 million tonnes

Today is not the end of Expo 2020, but a new beginning – Sheikh Mohammed

Japan will host the next Expo in 2025

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Dubai’s DP World launches e-commerce platform in Tanzania

The latest expansion of dubuy.com follows launches in Kenya and Rwanda last year

Prominent UAE businessman, Easa Saleh Al Gurg, passes away

Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice President of the UAE and Ruler of Dubai, called Al Gurg ‘one of the faces of Emirati diplomacy’

Data centre

Equinix to build data centre in Salalah, Oman

Work is underway to establish a new subsea cable interconnection hub linking Asia, Africa and Europe in partnership with Omantel

Dubai’s real estate market on a positive growth trajectory

The market is seeing a rise in first-time buyers, taking 80 per cent loan-to-value mortgages, payment plans and offers from developers

UAE updates Covid-19 protocols for mosques during Ramadan

Taraweeh prayers will be held during the entire holy month

Saudi Investment

Saudi Arabia makes $5bn deposit in Egypt Central Bank

It is part of the kingdom’s efforts to support Egypt’s economy

Sheikh Mohammed directs to host World Government Summit 2023 in February next year

The summit this year convened more than 4,000 guests and participants from over 190 countries

Adam Scott

Adam Scott on winning a major, players with potential and his favourite luxury timepieces

Adam Scott has been playing at the highest level of golf for over two decades, though he’s far from done. At the level he is performing, a second major is a very real proposition.

Dubai, UAE Burj Khalifa

The first-ever Michelin Guide Dubai will debut this June

Dubai becomes the 36th destination globally, and the first within the Middle East, for the Michelin guide to be present within

UAE reports 288 Covid-19 cases, 770 recoveries

The nationwide case count has risen to 890,987

How Abu Dhabi is offering an expansive portfolio of affordable communities

The emirate’s sustainable communities come with high projected rental yields

Emaar to manage new Armani hotel in Saudi Arabia’s Diriyah development

Armani Hotel Diriyah will include 70 rooms and two restaurants, with its suites featuring their own spa and swimming pool

Dubai’s DEWA increases stake size from 6.5% to 17% in IPO

DEWA is expected to list on the Dubai Financial Market on or around April 12, 2022

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Dubai imported 7.9 million tonnes of food in 2021

It included 286,673 food shipments and over 1.7 million food products

Artificial intelligence will add $10tn to global economy in next decade – IBM CEO

Greater adoption of AI in the UAE could also add up to $200bn in productivity gains by 2030

OPEC says it’s stabilised oil market

The Organization of Petroleum Exporting Countries and its partners have resisted calls to raise output faster

Dubai leads MENA region on Global Power City Index 2022

Crypto.com, Bybit announce plans to set up operations in Dubai

Bybit will move its global headquarters to the emirate, with operations starting as early as next month

Expo 2020 Dubai welcomes 22.93 million visits as of March 29

The exhibition recorded more than one million visits across last Friday, Saturday and Sunday

UAE reports 301 Covid-19 cases, 873 recoveries

The nationwide case count has risen to 890,699

Saudi Arabia’s FDI hit decade-high last year on Aramco deal

Foreign direct investment in 2021 totalled $19.3bn, the most since 2010

Dubai attracts 57% of scaleup funding in MENA region – report

Scaleups in the UAE raised $5.4bn as of December 2021

ADX, FTSE Russell benchmark blue chip index to launch on March 30

The FTSE ADX 15 Index will include 15 of the largest and most liquid companies listed on the Abu Dhabi Securities Exchange

Abu Dhabi Global Market

World’s first regulated carbon credit trading exchange to launch in UAE

Corporates will be able to trade and finance carbon credits like conventional financial assets

Oman

Oman to allow full foreign ownership in listed companies

Muscat Clearing and Depository finalised measures to open up the market

UAE’s VPS Healthcare eyes expansion in Saudi Arabia, Africa and India

VPS Healthcare is expanding into medical education, partnering with the Cumming School of Medicine UC to offer a medical degree programme in the UAE