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EFG Hermes Holding hosts 16th annual conference in Dubai

EFG Hermes Holding hosts 16th annual conference in Dubai

Around 205 companies from 33 countries are participating in the conference, which is themed ‘Weathering Inflation – Finding Focus in Frontier Emerging Markets (FEM)’

Dubai reduces carbon emissions by 21%

Dubai reduces carbon emissions by 21% in 2021

The Dubai Supreme Council of Energy also discussed a plan submitted by Emirates Gas Company to enhance current gas cylinders to advanced ones

Number plate

Dubai number plate ‘AA 13’ nets Dhs4.42m in auction

Proceeds from the 110th open auction held by Dubai’s Roads and Transport Authority totalled Dhs37.328m

Dubai’s toll operator Salik boosts IPO size from 20% to 24.9%

The company’s starting market capitalisation is expected to be $4.1bn

DMCC

Dubai’s DMCC records twofold rise in Chinese companies over last five years

DMCC is home to 703 Chinese companies, constituting nearly 12 per cent of the total number across the UAE

Dubai’s Emirates, United ink agreement to expand market presence, enhance networks

United will launch a new direct flight between Newark and Dubai, starting March 2023

real estate

Cover story: Why the CEO of Seven Century Real Estate Brokers believes Dubai is fertile ground for investments

In this exclusive interview, Naghmeh Sheikholeslami speaks of resilience, prioritising customers and Dubai’s evolving real estate landscape

Sheikh Hamdan launches Dubai’s R&D programme

The programme will increase the private sector’s R&D activities and attract international companies to invest in Dubai

Namangan

Flydubai to introduce direct service to Namangan

Namangan becomes the carrier’s third point in Uzbekistan in addition to Samarkand and Tashkent

vertical farm

In pics: Sheikh Mohammed tours world’s largest vertical farm in Dubai

The hydroponic facility is capable of producing over 1,000,000kg of leafy greens annually

Algiers

Dubai’s Emirates to ramp up service to Algiers

The airline will utilise its Boeing 777-300ER aircraft between Algiers and Dubai

accidents

Customers can now report minor traffic accidents on the DubaiNow app

Upon reporting the accident, users will receive a Dubai Police report by email or text message

Salik

Dubai seeks to raise $817m from IPO of road-toll operator

The institutional offering will end on September 21, while the book for retail buyers will close the day before

Sheikh Hamdan

Sheikh Hamdan launches integrated housing plan for nationals in Dubai

The plan aims to provide 15,800 homes for Emiratis over the next four years

Dubai Chamber

Dubai Chamber of Commerce records 69% rise in new members through August

The number of e-transactions processed by the chamber crossed 642,000 in first eight months of the year

Dubai South

Maersk signs agreement with Dubai South to expand footprint

The 162,000 square feet facility in the Dubai South Logistics District will become operational later this month

Turkish Airlines

Turkish Airlines to ramp up flights to UAE

The carrier plans to increase flight frequencies to Istanbul from Abu Dhabi, Dubai and Sharjah

A350 fleet

Dubai’s Emirates plows over $350m in inflight entertainment systems for A350 fleet

The carrier has selected the new Thales’ AVANT Up system for its incoming fleet of Airbus A350 aircraft

Dubai’s DIFC records 11% increase in new company registrations in H1 2022

A total of 537 new companies joined the centre in the first half of the year

Dubai Can initiative

Dubai Can initiative slashes usage of over 3.5 million single-use plastic bottles

During the last six months, 46 fountains were installed in various locations across the city

Dubai Duty Free

Dubai Duty Free records over $1bn in sales for first eight months of 2022

Online sales reached $29m, accounting for 3 per cent of total sales from January through August

Dubai Metaverse Assembly: WEF, Meta, Mastercard, Emirates participate as partners

Dubai Metaverse Assembly: WEF, Meta, Mastercard, Emirates participate as partners

The event will take place on September 28 and 29 at the Museum of the Future

MCC’s Dubai Diamond Exchange hosts unveiling of one of the world’s largest flawless pink diamonds

One of the world’s largest flawless pink diamond unveiled in Dubai

The Williamson Pink Star diamond is up for auction on October 5 in Hong Kong

Shuttle bus service launched between Abu Dhabi International Airport and Dubai

The airport shuttle service is available round the clock, with tickets priced at Dhs35 per ride

Wizz air bus service

Wizz Air: New bus service to transport passengers from Dubai to Abu Dhabi airport

The service will connect Abu Dhabi International Airport with Dubai’s Ibn Battuta Bus Station on an Express Bus Route

Salik

IPO: Dubai to sell 20% stake of road-toll operator Salik

A total of 1.5 billion shares with a nominal value of Dhs0.01 each will be made available in the offering

'Global Village Big Balloon' ride set to take guests to new heights

Dubai’s Global Village announces ‘big balloon ride’ as new attraction

The helium balloon, which is as high as a six-storey building, will give guests the chance to experience spectacular 360-degree views

Dubai’s Emirates to introduce premium economy to five more cities in December

The airline will be serving close to a third of its network on 85 A380 aircraft by end of the year

expo city Dubai

Expo City Dubai to welcome visitors from September 1

The sustainability and mobility pavilions as well as Garden in the Sky are to open next month, ahead of the official October launch

Jafza registers 19% trade growth in 2021, generates over Dhs454.7bn

Jafza registers 19% trade growth in 2021, generates over Dhs454.7bn

More than 25 per cent of the new companies registered in the free zone belonged to the retail and general trading segment