New ‘Future District’ created in Dubai, Dhs1bn fund launched for ‘new economy’ firms

Dubai also aims to achieve Dhs2 trillion in terms of foreign trade volumes by 2025, supported by establishing 50 offices around the world

Camping with caravans on this Dubai beach is now free

Campers must obtain a permit – issued for free – before heading to the beach located in Al Sufouh area

Abu Dhabi Investment Authority plans to sell a $2bn slice of its private equity book

ADIA’s assets under management are estimated to be around $696bn, making it the third-largest in the world

Revealed: Areas in Dubai that saw the biggest drop in residential rents in 2019

Average apartment rents in Dubai dropped by 13.4 per cent year-on-year in Q4 2019

The world’s first commercial indoor tomato farm to open in Abu Dhabi

The 5,000-square-metre facility is currently being constructed at the Khalifa Industrial Zone Abu Dhabi

The Central Bank hub expands on invites to Kuwait, Morocco, Vietnam

The Switzerland-based body serves as a forum for policy makers to discuss global economic developments

Abu Dhabi’s Etihad Airways enters into agreement with UK’s easyJet

Customers can purchase tickets through the easyJet global website connecting the two airlines’ networks

Non-oil trade between UAE, Japan totalled Dhs481bn from 2009-2019

The value of the overall trade between the two countries in the first half of 2019 reached Dhs26bn

Rainfall expected in parts of UAE, temperatures to stay low

UAE weather alert: heavy showers expected on Tuesday, Wednesday

The lowest temperature recorded over the country on Tuesday morning was 2.7°C in Jais Mountain at 12am

Abu Dhabi Crown Prince, SoftBank founder to oversee building of Indonesia’s new capital

Indonesia has identified about 256,000 hectares of land on the island of Borneo for the yet-to-be-named capital

Responsible AI

Abu Dhabi’s Group 42 acquires Bayanat

Group 42 aims to complement its set of satellite-based solutions via the acquisition

Sharjah’s 2020 budget worth Dhs29.1bn to create 500 jobs for Emiratis

Around 33 per cent of the general budget has been earmarked for infrastructure development across the emirate

UAE airlines cancel flights to the Philippines due to volcanic eruption

The sudden eruption of the Taal volcano – 65km south of Manila – has led to a mass evacuation

Abu Dhabi’s ADNOC signs agreements with Indonesia’s Pertamina and Chandra Asri

As part of its 2030 smart growth strategy, ADNOC has undertaken expansion projects of its downstream business to secure markets for its core hydrocarbon products

Minimum wage requirement for expats to sponsor a maid in the UAE has been hiked

The total household income now has to be over Dhs25,000

Who is Oman’s new ruler Haitham bin Tariq?

The new leader was sworn in as the ruler of Oman, succeeding his cousin Sultan Qaboos who died at age 79

UAE to invest $22.8bn in Indonesia via sovereign wealth fund

A total of 16 agreements have been signed between the two countries, including 11 business deals in the areas of oil and gas, petrochemicals, ports and telecommunications

Woman killed in RAK as UAE records highest amount of rainfall in 24 years

The African maid was working in a house in Ras Al Khamiah when the wall collapsed on her

World’s biggest IPO just got bigger: Saudi Aramco IPO at $29.4bn

Goldman Sachs Group, one of the underwriters of the deal, exercised the over-allotment option and increased the offering

Dubai’s DIFC legislates new leasing law to protect property owners, tenants

The new laws will offer a regulatory environment in line with common legislations and onshore Dubai practices

Hotel operator Rotana appoints new CEO, president

Guy Hutchinson has held the position of acting CEO since January 2019

Dubai Festival City Mall hosts region’s largest LEGO festival

The festival is on until March 14 with over one million LEGO bricks set up in the mall

Video: Rains continue across the UAE, temperatures touch low of 1.3 degrees

During the weekend, the country was hit by heavy rains accompanied by thunder and lightning

Haitham bin Tariq Al Said sworn in as the new ruler of Oman

New ruler says he will “follow the path of Sultan Qaboos and build upon it”

Oman’s Sultan Qaboos dies at 79

He was the longest reigning monarch in the Arab world

Why Dubai focuses on creating more green spaces

Urban developments need to have green spaces not just from an environmental perspective, but also from a profitability outlook

Is the UAE’s digital transformation strategy on track?

A digital agenda forms the core of the UAE’s national vision

Video: Stormy weather to persist in the UAE, with possibility of snow next week

Several parts of the country witnessed heavy rain and even hailstorms

Pics: Huawei launches flagship Mate 30 Pro 5G in the UAE, prices revealed

The device features enhanced 5G capabilities, four rear cameras and a curved edge display

DAFZA’s foreign trade totaled Dhs120bn for first nine months of 2019

It contributed 12 per cent to Dubai’s Dhs1.02 trillion foreign trade during that period