Aldar buys UK’s London Square for Dhs1.07bn

Aldar Properties acquires UK developer London Square for Dhs1.07bn

The transaction is expected to have a positive impact on sales, given the opportunities to cross-sell across the two companies’ respective customer base

Cybercrime laws Image Getty Images

MoHRE: Midsize firms told to hire Emiratis or face Dhs96,000 penalty

Companies that fail to meet the new Emiratisation targets in 2024 face Dhs96,000 for each Emirati not hired

Dubai announces free parking and new bus and metro timings for 52nd Union Day Image RTA

Dubai announces free parking, new metro, bus timing for 52nd Union Day

RTA has introduced free public parking during the Union Day holiday, except for the multi-level parking terminals, from December 2-4

MBC Group sets price range for IPO, seeks to raise $222m

Saudi Arabia’s MBC Group sets price range for IPO, seeks to raise $222m

The broadcaster plans to use the proceeds to repay debt, enhance its financial flexibility and invest in new content for Shahid

UAE announces petrol, diesel prices for December

Fuel prices fall in UAE: latest December rates revealed

The fuel price committee reduced the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 7 fils per litre in December

Etihad Rail and ADNOC to launch passenger train service in Abu Dhabi Image courtesy Etihad Rail

Etihad Rail: Abu Dhabi announces new passenger train service

Based on the agreement with Etihad Rail, ADNOC employees will be able to travel between Abu Dhabi and Dhannah via the railway network in the future

UAE traffic fine

UAE Union Day 2023: 50% discount on fines announced by three emirates

Fujairah, Ras Al Khaimah, and Umm al Quwain have announced a massive traffic discount for a month starting December 1

UAE visa amnesty scheme

UAE marks Commemoration Day on November 30, honours martyrs

The UAE has a comprehensive strategy focused on supporting families of the martyrs, including housing programmes, healthcare and educational support

Abu Dhabi with skyscrapers against fireworks in UAE

UAE National Day 2023: Where to watch the official show, fireworks in Dubai, Abu Dhabi

Abu Dhabi will host multiple venues that plan to put up a dazzling display in honour of the 52nd National Day

ETIHAD AIRBUS A380 SUPERJUMBO - to fly to NEW YORK

Etihad Airways to fly A380 on popular Abu Dhabi to New York route from April 2024

The US route becomes the second destination after London to enjoy the A380 experience since Etihad returned its superjumbo to the skies

Oman - USGS earthquake map

Oman: 5.3 magnitude earthquake recorded in Dhofar Governorate

The EMC at Sultan Qaboos University said the quake was recorded at a depth of 4 kilometres

Saudi Arabia’s PIF secures $5bn loan covered by K-SURE

Saudi Arabia’s PIF secures $5bn loan covered by K-SURE

The deal is the first export credit agency financing by the sovereign fund and will help finance exports from Korea to Saudi Arabia

dubai airport

UAE Union Day: Top 5 destinations for holidaymakers

Travellers are opting for more alternative international destinations when it comes to the upcoming long weekend break.

COP28: Sheikh Zayed Road closures

COP28: Sheikh Zayed Road closure from Friday; what you need to know

The temporary road closure will occur between the Trade Centre Roundabout towards the Expo Intersection, and will occur during the start of COP28

Heathrow airport road sign

Saudi’s PIF to pick up 10% stake in London’s Heathrow airport

The transaction is subject to regulatory conditions and must comply with the right of first offer

Crude oil market on tenterhooks over OPEC meet. Image credit: Getty Images

OPEC+ talks: Oil inches higher as Black Sea storm disrupts supply

OPEC+ is due to hold an online ministerial meeting to discuss 2024 production targets

IMF

IMF chief demands end to ‘business as usual’ ahead of COP28

The IMF was working with seven countries on debt restructurings, while a couple more would need help to reduce their debt burden

ENVI Lodges reveals ENVI Al Sifah in Oman (Image: Supplied by ENVI Lodges)

ENVI Lodges announces second resort in Oman

ENVI Al Sifah will open in late 2025 and will feature 40 luxury tents

VIRGIN ATLANTIC

Virgin Atlantic jet to lift off for maiden transatlantic flight on low-carbon fuel

Aviation accounts for an estimated 2-3 per cent of global carbon emissions

UAE to announce petrol prices for December soon

UAE to announce petrol, diesel prices for December; will rates drop further?

The fuel price committee reduced the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 0.41 fils per litre in November

Abu Dhabi International Airport - UAE megaprojects

Abu Dhabi Airports anticipates over 22 million travellers in 2023

Top international events and an increase in airport capacity is pushing up air passenger numbers

cop28 - climate talks

Explainer: What’s the plan for this year’s COP28 climate summit?

The EU and US have said they will put money in the climate damage fund at COP28

Google - browsers

UAE consumers among the most demanding globally for seamless app experiences

Key findings from the research indicate a significant shift in consumer behavior and expectations

ADDED launches SME finance facilitator programme

ADDED launches SME finance facilitator programme

The programme aims to foster trust between SMEs and financial institutions, and lead to collaborative credit assessment

ADGM - JP MORGAN

JP Morgan to expand payments, corporate banking services in Abu Dhabi

The bank had set up a legal entity in ADGM in 2021, but has had a physical presence in the UAE for more than a decade

Flynas becomes first Saudi carrier to join UNWTO (Image: Supplied by flynas)

Flynas becomes first Saudi carrier to join UNWTO

UNWTO’s members include more than 500 companies, educational and research institutions, and NGOs

Dubai RTA and Careem school rides service sees great demand Image Dubai Media Office

Dubai: School Rides service by Careem, RTA sees rising demand

The cost of the trip is 34.5 per cent less than the cost of the regular limousine services offered by Careem

Dubai Future Forum begins on Nov 27 GettyImages-1233733212

World’s largest gathering of futurists convene in Dubai on Nov 27

Dubai Future Forum will convene 2,500 experts and 150 speakers, hailing from more than 100 countries

SEVEN Abha unveiled in Aseer Image supplied

Saudi’s SEVEN unveils SAR1.3bn entertainment destination in Aseer

The entertainment destination is centrally located between the cities of Abha and Khamis Mushait, and will be developed with an investment of over SAR1.3bn