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Khalifa Fund launches Franchise UAE image credit KFED

Franchise UAE: Khalifa Fund launches new portal to help businesses buy and sell franchises

Franchise UAE is designed to cater to both existing, homegrown businesses seeking to develop a franchise and aspiring entrepreneurs looking to invest in an established business concept

AD Ports Group, Vale to jointly develop low-carbon mega hub for steel industry photo WAM AD Ports

AD Ports Group, Vale to develop low-carbon mega hub for steel industry

Land and related services from KEZAD will be allocated for the ‘Mega Hub’, in addition to the development and management of a high-tech handling facility at Khalifa Port

RTA to auction special number plates. Image credit: RTA

RTA to auction premium car number plates soon: Check dates

The RTA will auction 350 number plates comprised of two-digit plates for vintage cars, and three, four and five-digit plates for private vehicles

ADNOC Group Onshore Drilling Rig

ADNOC, TAQA invest $2.4bn to supply sustainable water to onshore operations

The project will develop a centralised seawater treatment facility for operations at the Bab and Bu Hasa fields in Abu Dhabi

UAE Minister of State for foreign trade Dr Thani bin Ahmed Al Zeyoudi

UAE, Malaysia agree to launch CEPA negotiations

The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force

Etihad Rail and Uber sign MoU photo credit Uber

Etihad Rail, Uber sign MoU to jointly bolster integrated mobility services

The companies will look at integrating e-hailing services and explore the possibility of creating an Uber dedicated pickup and drop-off area for passengers within stations

Healthcare facilities

Abu Dhabi temporarily closes two healthcare facilities over several violations

The violations include failure to adhere to safety procedures, use of expired materials and tools, and non-compliance with the standards for medical waste disposal

Dr Sultan Al Jaber, President-Designate of COP28, Francesco La Camera, Director-General of IRENA, and Michael R. Bloomberg. Image credit: IRENA

Bloomberg Philanthropies, IRENA announce new COP28 partnership

The partnership will allow Bloomberg Philanthropies to support IRENA in its efforts to drive adoption of renewable energy in the lead up to COP28

ADFD investments in 2022 Photo GettyImages-1430804172

Abu Dhabi development fund sees financing, investments cross Dhs189.7bn in 2022

According to its annual report, Abu Dhabi Fund for Development’s investments benefitted 104 nations last year

insurance company

CBUAE removes board of directors of insurance company

It is replaced it with a temporary committee of experts for six months

MoF issues Ministerial decisions related to corporate tax Photo WAM

UAE corporate tax: MoF issues 3 new ministerial decisions

According to the ministry, the three new decisions aim to enhance the flexibility of UAE’s corporate tax regime and ensure a supportive business environment for all sectors

The aircraft, 9H-FIVE, pronounced Nine-Hotel FIVE, will be based in Dubai (Image: Supplied by FIVE Hotels and Resorts)

Dubai’s FIVE Hotels introduces private jet charter service

The ACJ TwoTwenty aircraft, 9H-FIVE, will be based in Dubai and has an approximate flying range of 12 hours

SeaWorld Yas Island underwater Zoo

SeaWorld Yas Abu Dhabi opens with a star-studded event

The park is home to inspiring entertainment, exciting rides and attractions as well as unmatched dining and shopping experiences

uae national day holiday

UAE foreign ministry announces name change

The authority will now be known as the Ministry of Foreign Affairs

Dubai government debt burden

Dubai’s debt burden to drop to 51% in 2023, says S&P Global

The government’s debt stock could fall even faster if the reduction in nominal debt continues over the coming years

ADNOC L&S IPO

ADNOC raises size of its logistics unit IPO on heavy demand

The maritime logistics firm expects the final offer price to be announced on May 26, after the book-building process

The Eternal Pink diamond unvelied at Dubai's DDE. Image Credit: DMCC

World’s largest ruby, most vivid pink diamond unveiled in Dubai

The unveiling of the pink diamond and the ruby highlights Dubai’s leading role in the diamond industry and growing presence in coloured gems

UAE Weather rain

UAE weather: Rain hits parts of the country; Orange alert raised

Residents are advised to take precautions and avoid flooded areas for their safety

TAQA, Uzbekistan power generation

TAQA to explore investments worth $3bn in Uzbekistan’s energy sector

The investment opportunities include new and existing power plants as well as associated power infrastructure with a combined value of more than $3bn

UBF

UAE Banks Federation confirms 100% spike in use of digital banking channels

According to a survey conducted by UAE Banks Federation, the county ranked second globally in terms of customer confidence in banks at 84 per cent in 2022

WeWork

Productivity: How to manage your energy efficiently

You can maximise your efficiency by managing your energy. These daily rituals will help

Empower adds DXB to its portfolio

Empower adds Dubai International Airport to its district cooling portfolio

The total capacity of the plants is equivalent to 11 times the consumption of the world’s tallest tower, the Burj Khalifa

Etihad rail Arsenale sign Mou for luxury train cruise

Etihad Rail, Arsenale to bring luxury train cruise to UAE, GCC

The luxury train will travel through the UAE towards the border with Oman, passing through Mezeira’a, and the Liwa Desert and its oasis

Emirates inflight Wi-Fi in Premium Economy Class

Emirates: All passengers can now avail of free Wi-Fi onboard

The airline said all Emirates Skywards members in every class of travel can now enjoy some form of free Wi-Fi connectivity

Mubadala has invested in clean energy FY 2022 financial highlights

Abu Dhabi’s Mubadala outperforms global benchmarks in 2022

The company deployed Dhs107bn in industries such as life sciences, renewable energy and digital infrastructure

UAE-UK Sheikh Abdullah bin Zayed Al Nahyan and James Cleverly meet for the Strategic Dialogue between the UAE and UK. Image Credit: MOFAIC

UAE-UK inaugural strategic dialogue: key takeaways

The strategic dialogue builds on the 2021 bilateral meet during which the two countries agreed to establish a partnership for the future

CBUAE revokes licence of an exchange firm

UAE bank investments hit record high of Dhs541bn in February

The CBUAE update showed a year-on-year growth of 15.2 per cent over the same period last year

Israel consul general Liron Zaslansky with Ian Fairservice, Managing Partner & Group Editor-in-Chief of Motiva

Strengthening the UAE-Israel partnership

H.E Liron Zaslansky, Consul General of Israel in Dubai shares her thoughts on the strong relationship between the two states and avenues for further growth

etihad airways CO2 emissions reduction in 2022

Etihad reports 26% drop in CO2 emissions per RTK in 2022

In its annual sustainability report, the airline stated that it had reduced CO2 emissions per revenue tonne kilometre to 482g compared to the 2019 baseline

UAE, Italy strengthen economic partnership

UAE, Italy strengthen economic ties, explore investment exchanges

The partnership is expected to create new investment opportunities to support sustainable economic growth