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ADNOC L&S by WAM

ADNOC L&S expands fleet with five very large gas carriers

The carriers have dual-fuel engine technology and use liquified petroleum gas as their primary fuel source

abu dhabi dark sky

Abu Dhabi inaugurates new bridge, slashes travel time to 3 minutes

Situated on Abu Dhabi Al Ain Road (E22), the new highway improves traffic flow to and from Bani Yas and other nearby areas

EGA decarbonisation drive

EGA joins Australia’s HILT CRC to advance decarbonisation goals

The UAE firm is the first HILT CRC industry partner with operations entirely outside Australia

TAQA Group CEO and managing director, Jasim Husain Thabet

UAE utility firm TAQA sets up green finance framework

The Abu Dhabi-listed firm said proceeds from the issuances will be used to finance eligible green projects including renewable energy

Gen Zers

Gen Zers have new priorities for Ramadan, reveals AI-powered study

New research by Sila Insights mapped nearly two million online conversations to discover how Ramadan is evolving through changes in demographics and lifestyle choices

Dubai Health Authority

Dubai welcomes 674,000 medical tourists in 2022

The city’s strategic location, exceptional infrastructure and amenities add to the factors that have raised its status as a medical tourism hub

Toronto (Image: Supplied by Etihad Airways)

Etihad to go daily to Toronto from Abu Dhabi

The additional weekly service will commence on May 30

Dubai municipality launches new platform for pvt sector investors

Dubai Municipality launches platform for private sector investors

The new platform provides a streamlined and transparent channel for the evaluation and approval of ideas and proposals

EDGE weapons on display

UAE’s EDGE expands global footprint with Brazil office

The new office will be managed by a dedicated and experienced team of professionals from within the defence industry and local business ecosystems

ADX and Mashreq Signing Ceremony 1

Abu Dhabi Securities Exchange, Mashreq to offer instant trading access to customers

The agreement streamlines the digital onboarding process for Mashreq customers, allowing them to instantly obtain a national investor number

UAE climate Tech announced dr-sultan-ahmed-al-jaber-COP28-president-designate

UAE Climate Tech: MoIAT to host ‘first-of-its-kind’ forum with ADNOC, Masdar

Ahead of COP28, the forum will explore innovations and economic opportunities supporting global efforts to net zero emissions by 2050

Robert Yordi of Seaworld

Yas SeaWorld Research & Rescue’s Rob Yordi shares the centre’s role in the region

The general curator of SeaWorld Abu Dhabi and Yas SeaWorld Research & Rescue tells us how the centre will enable marine conservation and build a strong regional rescue network

UAE corporate tax exemptions

UAE reveals list of entities exempted from corporate tax

The Ministry of Finance said government entities, government-controlled entities as well as extractive businesses are exempted from corporate tax

DEWA approves dividend

Dubai utility giant DEWA approves $1.3bn dividend

The company’s shareholders approved the payment of H2 2022 dividend of Dhs3.1bn and a one-time special dividend of Dhs1.67bn

Dubai Endowment project

Dubai Endowment unveils new ‘Well of Water’ endowment project

The initiative is a part of independent ‘Well of Water’ endowment projects commenced by Dubai Endowment in 2019

Careem

UAE telecoms giant e& Group acquires $400m stake in Careem Super App

The company plans to use the proceeds from the new investment to accelerate its ambitious vision to create the first ‘everything app’

Dubai Customs partners with the GInI

Dubai Customs, Global Innovation Institute partner to enhance services

The authority applies the latest and most important global standards in innovation and creativity strategy

Dubai Future Fellowship launched by Sheikh Hamdan photo Dubai Media Office

Sheikh Hamdan launches Dubai Future Fellowship

The programme’s goals will be supported by an international network of fellows known for their achievements in government, technology and future sectors

Sheikh Ahmed chairman of DIEZ Photo DIEZ

Dubai’s DIEZ records 42 per cent rise in operating profit

More than 22,000 companies and over 41,000 employees are based in Dubai Integrated Economic Zones

Golden Visa entry visa

UAE announces new entry permit fees for Golden Visa

The long-term visa offers select groups the ability to work, live and study in the country without the need for sponsorship

Salik approve $134m dividend

Salik shareholders approve $134m dividend

The company’s full-year revenue jumped 11.8 per cent to $517m, driven by an increase in revenue from toll usage fees

ADCB denies reports about NPLs

ADCB denies report of talks to sell $3.7bn of bad loans

The bank said it continuously explores opportunities to boost shareholder value but does not foresee any transaction of this nature materialising in 2023

UAE and Vietnam trade

UAE, Vietnam to launch free trade talks

The trade and investment exchanges between the UAE and Vietnam totalled Dhs13.5bn in 2022, up 9 per cent from 2021

Emirates A380 (Image: Supplied by Emirates)

Emirates to begin daily flights between Dubai and Toronto

The enhanced services between the two destinations will commence on April 20

Cyprus Airways (Image: Supplied by Dubai Airports)

Cyprus Airways commences direct flights from Larnaca to Dubai

It has deployed its Airbus A320 aircraft on this route

Pole Position’s Ryan Trutch on how he is nurturing young talent

Pole Position’s Ryan Trutch on how he aims to drive the region’s young talent to the finishing line

The company is introducing Greenpower in the UAE to promote Science, Technology, Engineering, and Maths (STEM) education

RENEWABLE ENERGY

Masdar secures funding for three solar projects in Uzbekistan

The projects have a combined capacity of around 900 MW and they will power more than one million homes

UAE new corporate tax

UAE to offer corporate tax relief to small businesses

The tax relief seeks to support startups and other small businesses by reducing their corporate tax burden and compliance costs

Terminal 3, Dubai International DXB. (Image: Sourced from Media Gallery of Dubai Airports)

Dubai’s DXB ranked busiest international airport worldwide for 2022

It retained its position for the ninth consecutive year, with over 66 million passengers using DXB last year

National Bonds_Group CEO

National Bonds sees 15% growth in 2022, investment portfolio rises to Dhs13.7bn

National Bonds attributed the strong growth to solutions such as the Golden Pension Plan, Global Savings Club and Sukuk Al Waqf