Dubai: RTA awards Dhs696m contract to develop Trade Centre roundabout

RTA awards Dhs696m contract to develop Trade Centre roundabout

The improvements will reduce delay time from 12 minutes to 90 seconds, and cut travel time from Sheikh Zayed Road to Sheikh Khalifa bin Zayed Street from six minutes to one minute

UAE issues federal decree-law on traffic regulation

Here’s what UAE’s latest federal decree-law on traffic regulation covers

Key aspects of the decree-law include the establishment of updated vehicle classifications and the integration of modern road technologies

Dubai, Abu Dhabi lead global talent entry rankings, reveals report image WAM

Dubai, Abu Dhabi lead global talent entry rankings, reveals report

As Dubai and Abu Dhabi continue to lead in attracting global talent, their focus on innovation and sustainability positions them as vital players in an evolving economic landscape

Fun things to do at Dubai Fitness Challenge 2024

Fun things to do at Dubai Fitness Challenge 2024: Week 1

Here’s your guide to making the most of the Dubai Fitness Challenge to jumpstart your wellness journey

HDI Global’s Willem van Wyk on transforming risk management

HDI Global’s Willem van Wyk on transforming risk management

The MD of HDI Global’s Dubai office, van Wyk discusses the critical role of innovation and tailored solutions in enhancing resilience across industries

How EVIQ is unlocking the future of EV charging

EVIQ’s Mohammad Gazzaz on unlocking the future of EV charging

The CEO says the firm is collaborating with partners in the ecosystem to provide drivers with a seamless transition from internal combustion engine

Marine transport services

Marine transport services restart in Business Bay, Water Canal areas

The first line, designated DC2, operates from 8am to 10pm, Monday to Saturday, and from 10am to 10pm on Sundays, with intervals of 30 to 50 minutes

Abu Dhabi’s e& Group completes $2.3bn acquisition PPF Telecom

Abu Dhabi’s e& Group completes $2.3bn acquisition PPF Telecom

The investment represents a pivotal moment in e&’s international strategy to scale and add resilience to its operational profile

Dubai and Abu Dhabi race to lure world’s wealth managers

Dubai and Abu Dhabi race to lure world’s wealth managers

For both cities, the ease and clarity of regulations has been a significant draw for financial investors

Global financiers head to Saudi Arabia for Riyadh investment forum

Global financiers head to Saudi Arabia for Riyadh investment forum

Last year, deals worth $17.9bn were agreed at the forum and organisers say they expect $28bn in deals to be announced this year.

Aviation sector’s share to Dubai GDP seen at $53bn by 2030

Aviation sector’s share of Dubai GDP seen at $53bn by 2030

The share of the aviation industry to Dubai’s economy hit a record Dhs137bn in gross value added, equivalent to 27 per cent of the GDP

Dubai’s Parkin to manage paid parking at Majid Al Futtaim malls

Dubai’s Parkin, Majid Al Futtaim to introduce paid parking at UAE malls

The barrierless parking solution eliminates the need for cars to stop when entering or exiting the mall’s parking lots

First hydrogen-powered taxi pilot project launches in Saudi

First hydrogen-powered taxi pilot project launches in Saudi

This initiative aligns with Saudi Arabia’s National Transport and Logistics Strategy, aiming to promote the use of modern technologies in transportation

Ronaldo invests in healthtech firm Bioniq; firm's valuation hits $82m

Ronaldo invests in healthtech firm Bioniq; firm’s valuation hits $82m

Combining advanced blood biomarker analysis and self-reported health data, Bioniq creates customised supplements designed to meet individual health needs

NMDC Energy reports Dhs402m as Q3 net profit post IPO

NMDC Energy reports Dhs402m as Q3 net profit post IPO

Third quarter revenues reached Dhs3.975bn, up 110 per cent from the corresponding period of 2023, the company reported

Trump International Golf Club Dubai tees up for breast cancer awareness

The day focused on raising awareness for breast cancer and supporting survivors

UAE: Islamic treasury bonds attract Dhs7.20bn in bids at Oct auction

UAE: Islamic treasury bonds attract Dhs7.20bn in bids at auction

The Islamic T-sukuk issuance programme plays a pivotal role in enhancing the UAE’s financial markets by contributing to the development of a UAE dirham-denominated yield curve

Proptech firm PRYPCO raises $10m in seed funding

Proptech firm PRYPCO raises $10m in seed funding round

The investment round led by Shorooq Partners with participation from Apparel Group and other investors

David Heard, a pioneer of Abu Dhabi’s oil industry, passes away at 85

Heard’s career saw him rise to become a representative of Abu Dhabi Petroleum Company (ADPC) to the UAE government and later an advisor to the Supreme Petroleum Council (SPC).

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

The sale includes nine GEnx engines for the Boeing 787 aircraft and five GP7200 engines for the Airbus A380

UAE forecasts cloudy skies, rainfall from Wednesday

UAE weather: Rain, cloudy skies expected in some areas

The light to moderate rainfall and, at times, heavy is associated with convective cloud formation in eastward and northward areas

UAE economy to grow by 5.1% in 2025, says IMF

UAE economy to grow by 5.1% in 2025, says IMF

Growth in the UAE is broad based and driven by solid domestic activity in sectors such as tourism, construction and financial services

How ADNOC is elevating the consumer journey at the pump

How ADNOC Distribution is elevating the consumer journey at the pump

Maaz Qureshi, vice president of Digital Business at ADNOC Distribution, says the company is investing in AI-powered solutions to drive operational excellence

Joel van Dusen on how Mashreq is driving innovation in banking

Joel van Dusen on how Mashreq is driving innovation in banking

The group head of Corporate & Investment Banking at Mashreq says that incumbents now view fintechs as partners rather than competitors

PIF-backed Lucid says stock sale will provide ‘cash runway’ well into 2026

PIF-backed Lucid says stock sale will provide ‘cash runway’ well into 2026

Lucid said it expected the offering to raise $1.67bn, but on Monday, the company said the offering had raised nearly $1.75bn

Emirates SkyCargo orders 5 Boeing 777F, weighs more freighter orders

Emirates SkyCargo orders 5 Boeing 777F, weighs more freighter orders

Together with its previous orders, the carrier now has 14 Boeing 777Fs pending delivery from Boeing until the end of 2026

Al Khail Road Development project completed; travel time to reduce by 30%

Al Khail Road Development project completed – travel time to reduce by 30%

The project is part of a initiative to enhance Dubai’s road network, particularly as a support corridor to major highways like Sheikh Zayed Road, Sheikh Mohammed bin Zayed Road, and Emirates Road

Dubai Holding Asset Mgmt rebrands residential portfolio

Dubai Holding Asset Management rebrands residential portfolio

Following the integration of Nakheel and Meydan into Dubai Holding, Dubai Residential’s reach expanded to encompass 40,000 homes and over 150,000 residents across the emirate

Aldar Mandarin Oriental partner to bring exclusive branded residences to Saadiyat Island

Mandarin Oriental to bring exclusive branded residences to UAE capital

Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues

Dubai SME H1 2024 performance highlights Image Getty-Images-1417041621

Dubai nears 100,000 new homes in 2024, says real estate firm

So far, 99,779 units have been launched this year, putting the market on track to beat the all-time high of 101,654 new homes in 2023