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FAB facilitated over $9bn in sustainable projects

UAE’s FAB facilitated over $9bn in sustainable projects in 2022

More than half of FAB’s bond issuances in 2022 were in a ‘green’ format, with the bank aiming to further grow its range of sustainable offerings

Live: UAE astronaut Sultan Al Neyadi to takeoff on space mission

Lift off: UAE astronaut Sultan Al Neyadi en route to space

The mission, dubbed Crew-6, will include a series of experiments and research

Flydubai reports 43% rise in profit for 2022

Flydubai reports 43% rise in profit for 2022

The carrier flew 10.6 million passengers across its network last year, rising 89 per cent compared to 2021

UAE new visa rules

UAE visas: Expats need monthly income of Dhs10,000 to sponsor 5 relatives

The new visa rules require expats who want to bring their relatives or their wives’ relatives to the UAE to have an adequate monthly income

Online fashion retailer Namshi teams up with Tabby

Online fashion retailer Namshi teams up with Tabby

Customers can now use Tabby to split their purchases in four monthly payments at Namshi

Yahsat

UAE’s Yahsat reports 6% rise in revenue for 2022

Adjusted earnings before interest, taxes, depreciation and amortisation rose 7 per cent year-on-year to total $258m

e& increase stake in Vodafone Group

UAE’s e& raises stake to 14% in Vodafone

The telecom operator, which initially acquired a 9.8 per cent stake in Vodafone for $4.4bn in May 2022, said its investment rationale remains unchanged

Dubai International Boat Show

Dubai International Boat Show 2023 previews the future of marina living

The show will open doors to residents and international visitors on March 1

UAE reveals fuel prices for March 2023

UAE reveals fuel prices for March 2023

Petrol prices will marginally increase, while the price for diesel has been cut

UAE sustainable finance

UAE’s green, sustainable finance enjoy two years of rapid growth

The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.

Edmond de Rothschild opens office in Dubai's DIFC

Edmond de Rothschild opens office in Dubai’s DIFC, aims to broaden regional presence

The UAE is already an important market for Edmond de Rothschild, and the new presence will enhance its ability to serve the clients in the region

UAE weather update: Rain, overcast conditions expected this week

The UAE recorded its lowest temperature of 15°C in Raknah (Al Ain) at 6.30am and in Jais Mountain (Ras Al Khaimah) at 5.30am local time today

Dubai Chamber introduces Business Sectors Platform

Dubai Chamber of Commerce launches Business Sectors Platform

The platform features a comprehensive set of specialised services to enhance communication between the chamber and private sector

Dubai's Emirates is largest foreign airline serving India

Dubai’s Emirates is largest foreign airline serving India

The airline carried 4.45 million passengers between Dubai and India last year

Arab Health: At the crossroads of healthcare

Arab Health: At the crossroads of healthcare

The online event, which began on January 9, will go on until to March 2

Edmond de Rothschild

General Atlantic joins push for Middle East sovereign wealth

The US-based firm has been investing in the region since 2015 and has deployed about $400m in companies such as Property Finder and Network International

Sheikh Hamdan announces first phase of Emirati initiative Image_WAM

Sheikh Hamdan launches first phase of ‘Emirati’ initiative

The first phase of the initiative will see 22 new services added to the current 131 services available on the platform

The role of research and advisory in real estate

The involvement of research and advisory in real estate begins ideally at the concept and feasibility study stage of the project

Alan O'Neill - 100 days

Alan’s corner: Tips to make a partnership work

Communication is central to the success of any partnership

DCT Abu Dhabi signs MoYU with Inpex fpr teamlab Phenomena Abu Dhabi sponsorship

TeamLab Phenomena Abu Dhabi receives ¥1bn in sponsorship deal from Japan’s Inpex Corporation

The Department of Culture and Tourism – Abu Dhabi has signed an MoU with Inpex subsidiary, Japan Oil Development, for the sponsorship deal for teamLab Phenomena Abu Dhabi

DMCC

DMCC, TDeFi to support Web3, blockchain firms

The accelerator programme will offer mentorship and sessions on a range of topics related to crypto and scaling a business

Non-oil foreign trade between UAE, Kuwait grows 87% over a decade

UAE, Kuwait non-oil trade grows 87% over decade

Non-oil foreign trade between the UAE and Kuwait reached Dhs43bn by the end of 2022

Unit 3 of UAE's Barakah plant starts commercial operations

Unit 3 of UAE’s Barakah plant starts commercial operations

When fully operational, the plant will prevent 22.4 million tonnes of carbon emissions every year

UAE's Yahsat, Bayanat partner to develop in-country space programme

UAE’s Yahsat, Bayanat partner to develop in-country space programme

The partnership aims to build and operate strategic earth observation capabilities within the UAE

Sheikh Mohammed at the inauguration of the UAE National Railway Network Photo courtesy WAM

Sheikh Mohammed witnesses launch of UAE National Railway Network operations

The ambitious development project is one of the largest infrastructure projects in the region and aims to link the seven emirates with a main railway network

ADNOC- Gas IPO

ADNOC Gas eyes $2bn from world’s biggest IPO this year

ADNOC is selling a 4 per cent stake in ADNOC Gas, with each of the 3.07 billion shares being offered at between Dhs2.25 and 2.43

Abu Dhabi Fund _photo courtesy WAM Wam

How Abu Dhabi Fund’s first development project in Nigeria will serve the community

The project is expected to stimulate commercial activities and improve transport links between the main cities in the country

Deals worth $1.579bn signed on day three of IDEX and NAVDEX 2023

Deals worth $1.579bn signed on day three of IDEX and NAVDEX 2023

A total of 34 deals, worth $5.02bn, have been announced thus far

Emirates recycles equivalent of fully loaded A380 in 2022

Emirates recycles materials equivalent to fully loaded A380 in 2022

The carrier recycled more than 500,000 kilograms of plastic and glass last year

Air Arabia Abu Dhabi

Air Arabia Abu Dhabi to launch direct flights to these Iraqi cities

The carrier currently serves a total of 31 destinations from Abu Dhabi International Airport