Dubai economy sees growth in H1 2023 -GettyImages-1392301478

Dubai: Economy grows 3.2% in H1 2023

The economy’s total value has reached Dhs223.8bn

Sheikh Mohammed bin Rashid Al Maktoum Vice-President-and-Prime-Minister-of-the-UAE-and-Ruler-of-Dubai Image courtesy Dubai Media Office

Sheikh Mohammed directs Dhs50m in humanitarian aid to Palestinians

The aid comes as part of the UAE’s policy to provide urgent relief and assistance to vulnerable populations and those in need around the world in times of crisis

UAE to allocate $200m to support low-income countries Image courtesy WAM

UAE allocates $200m to support low-income countries, reduce poverty

The announcement was made during the International Monetary and Financial Committee Meeting, organised on the sidelines of the WBG-IMF Annual Meetings In Morocco

Abu Dhabi launches SAVI at Masdar City Image Abu Dhabi Media Office

Abu Dhabi launches Smart and Autonomous Vehicles Industries (SAVI) cluster

Located in Masdar City, SAVI will build on Abu Dhabi’s industrial base and access to established air corridors, road infrastructure and global network of partners

UAE’s DP World issues $1.5bn green sukuk

UAE’s DP World raises $1.5bn with green sukuk

The proceeds from the sukuk issuance will be used to fund eligible green projects in line with the company’s recently published sustainable finance framework

net zero electricity

Interview: Powering economies through net-zero electricity

Grid modernisation, renewable energy integration, and digitalisation help advance the transition to a net-zero electricity grid

self-driving taxi cruise av

Dubai RTA begins testing self-driving taxis: Cruise AV spotted in Jumeirah

The tests are being carried after RTA issued the first permit to trial autonomous vehicles in Dubai

UAE-US trade talks

UAE-US trade talks: President Sheikh Mohamed bin Zayed meets US Secretary of Commerce

The two sides discussed non-oil trade opportunities and discussed ways for the two nations to strengthen their bilateral relationship

Flydubai will launch services to Langkawi and Penang (Image: Supplied by flydubai)

Flydubai to resume flights to Kabul

Beginning November 15, it will operate a double-daily service from Terminal 2 at Dubai International

new Abha Airport Terminal masterplan launched

Saudi Crown Prince unveils master plan for new Abha International Airport

Expected to handle more than 90,000 flights per year, the new airport will feature 20 gates, along with 41 check-in counters and seven self-service check-in kiosks

Dubai business

How to setup a business in Dubai? Dubai Chambers launches guide

Dubai Chamber of Digital Economy launched an essential resource for a business to setup in the emirate

Fluent Finance to develop stablecoin technologies in the UAE

Fluent Finance to develop stablecoin technologies in the UAE

The web3 company is piloting the Fluent Economic Bridge platform in Kenya and plans to develop a digital trade corridor with the UAE

Abu Dhabi launches trials for automated rapid transit project

Abu Dhabi launches trials for automated rapid transit project

The pilot phase includes 25 stations along routes extending for about 27 km, and runs from Al Reem Mall to Abu Dhabi Island

OPEC projection for 2024 energy demand - oil

OPEC sticks to 2024 oil demand growth forecast

The report trimmed its forecasts for total world demand in the current quarter and the first three months of 2024

Abu Dhabi launches fundraising policy

Abu Dhabi’s Department of Community Development enacts fundraising policy

The policy regulates all fundraising activities including collecting, receiving, and presenting in-kind and cash donations in the city

RED SEA-GUESTS

Red Sea destination welcomes its first guests, launches Saudi’s first sea plane company

A delegation of Saudi ministers and leaders were the first guests of the destination

Dubai Ride to be held on Nov 12 Image DFC/ DET

Dubai Ride 2023: All you need to know about the emirate’s biggest cycling event

The annual city-wide challenge will take place on Sunday, November 12

atlantis atlas project-1usd projects funding awarded for 2023-24

Atlantis Dubai selects 9 local, international conservation projects for funding

The project currently focuses on four key groups of wildlife; sharks, rays, dolphins, and corals, and unsustainable seafood and plastic pollution

QNB Group’s nine-month net profit surges by 8%

QNB Group’s nine-month net profit surges by 8%

The bank’s deposit base rose by 4 per cent between January and September to reach $226bn

Emirates launches wildlife-themed amenity kits

Here’s why Emirates launched wildlife-themed amenity kits

The amenity kits showcase eight of the most endangered species on the planet

DUBAI AI

Dubai.AI is city’s new concierge: How to access the AI-powered platform

Dubai.AI serves as a one-stop destination for users to access a wide range of information and services related to the emirate

Pope Francis

COP28: Dr Sultan Al Jaber meets Pope Francis at the Vatican

To enhance the role of faith communities in the COP process, the COP28 Presidency has designed a series of inter-faith initiatives leading up to and during the conference

Abu Dhabi’s Masdar lists green bond on ADX

Abu Dhabi’s Masdar lists $750m green bond on ADX

The 10-year notes, which were 5.6 times oversubscribed, carry a 4.87 per cent coupon rate and will mature in July 2033

ATTACHMENT DETAILS RTA-resumes-Global-Village-bus-routes-electric-Abra-service-scaled.jpeg October 11, 2023 389 KB 2560 by 1403 pixels Original image: RTA-resumes-Global-Village-bus-routes-electric-Abra-service.jpeg Edit Image Delete permanently Alt Text

RTA resumes Global Village bus routes, electric Abra service

The services will resume on Wednesday, October 18, coinciding with the commencement of the village’s activities

Huawei 5G-A villa

Dubai’s ‘smart villa’: Huawei and du unveil world’s first 5G-A equipped standalone home

The 5G-A villa demonstrates the potential that deterministic experience technology holds for future households

Flynas announces seven new routes from Madinah (Image: Supplied by flynas)

Flynas announces seven new routes from Madinah

It takes the total number of routes operated by the low-cost carrier from Madinah to 11

Dubai Healthcare City Launches New Community-Focused Mental Health Initiative Image Supplied

Dubai Healthcare City launches platform to raise mental health awareness

In collaboration with American Wellness Center, the initiative will span a period of six months and will include community-focused gatherings held in DHCC

DHL acquires remaining shares in Danzas AEI Emirates image DHL

DHL to acquire remaining shares in Danzas AEI Emirates

Danzas AEI Emirates to be fully integrated into DHL Global Forwarding network and to re-brand to the DHL brand

kuwait

Kuwait seeks to boost oil production, pushes on with Durra gas field

Oil Minister Saad Al Barrak said the state firm aimed for net zero carbon emissions by 2050

OQ Gas Networks unveils plans to divest 49% via IPO

Oman’s OQ Gas Networks expected to price IPO at top of range

OQGN would be the country’s largest IPO in history, exceeding Oman Telecommunications’ $748m IPO in 2005