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Mashreq acquires digital banking license to commence operations in Pakistan

Mashreq acquires digital banking licence to commence operations in Pakistan

The lender aims to invest in the country’s rural infrastructure, including microfinance institutions

Power Letters 2023: Saif Humaid Al Falasi, group CEO, ENOC

Power Letters 2023: Saif Humaid Al Falasi, group CEO, ENOC

Looking ahead, our efforts and investments across the upstream, midstream and downstream segments of the business will continue to drive our strategy in 2023 and beyond

UAE President, Korea’s Yoon Suk Yeol visit Barakah Nuclear Energy Plant

The two leaders witnessed ongoing operations of Units 1 and 2, the completion of Unit 3, and the progress made on the fourth unit

Etihad Airways announces new routes to two European destinations

Etihad Airways announces new routes to two European destinations

The flights will be operated using the Boeing 787 Dreamliner aircraft

World Future Energy Summit is hosted by Masdar and is part of Abu Dhabi Sustainability Week

Abu Dhabi Sustainability Week 2023: World Future Energy Summit opens on Jan 16

A summit highlight is the new one-day ENOWA ENACT conference on January 17 from the energy, water, and hydrogen subsidiary of NEOM

Emirates to resume passenger services to Shanghai, Beijing

Dubai’s Emirates to resume passenger services to Shanghai, Beijing

The carrier’s four weekly flights to Guangzhou will also increase to a daily service from February 1

UAE President receives Azerbaijan's head of state

UAE President receives Azerbaijan’s head of state

The president of Azerbaijan, Ilham Aliyev, is paying a working visit to the UAE

UAE-South Korea MoU and agreements signed photo courtesy WAM

UAE, Korea to advance strategic partnership, sign MoUs related to space, clean energy, defence sectors

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Yoon Suk Yeol, President of the Republic of Korea, witnessed the signing of the MoUs and agreements

Dubai Municipality launches digital platform courtesy Dubai Media Office

Dubai Municipality’s new digital platform showcases eight natural reserves

The platform aims to encourage eco-friendly, sustainable tourism in Dubai’s natural reserve zones, offering information and services linked to the reserves on one platform

UAE and South Korea's Presidents_photo wam

UAE President receives South Korea’s head of state

President Yoon Suk Yeol, who is accompanied by First Lady Kim Keon-hee, is in the UAE on a state visit

South Korean president arrives in UAE on Jan 14, 2023 pic courtesy WAM

South Korea’s President Yoon Suk Yeol arrives in UAE on state visit

The South Korean President was received by Sheikh Abdullah bin Zayed Al Nahyan, UAE’s Minister of Foreign Affairs and International Cooperation

UAE President Sheikh-Mohamed bin Zayed Al Nahyan issues law to establish Abu Dhabi Media Office _photo WAMcourtesy

UAE President issues law establishing Abu Dhabi Media Office

The new entity will form strategic partnerships with local, regional, and international media organisations to advance Abu Dhabi’s media sector

Avalon Properties CEO Ahmad Ibrahim

Dubai’s real estate sector had a remarkable year in 2022, says Avalon Properties’ CEO

Avalon Properties also experienced robust growth during this period, growing its operations across the UAE, covering Abu Dhabi, Dubai, and Sharjah

Dubai Police's first all-women SWAT team photo courtesy Dubai Police_facebook

Dubai Police reveals first all-women SWAT squad

Female officers are breaking the norm by conquering specialisations that were dominated by men, says Dubai Police commander-in-chief

UAE president meet Pakistan head of state courtesy WAM

UAE President receives Pakistan PM, leaders discuss cooperation

The leaders also witnessed the announcement of three memoranda of understanding

Nafis

Sheikh Mansour bin Zayed reviews NAFIS’ 2022 results and 2023 Emiratisation targets

NAFIS data shows that the number of UAE nationals who joined the private sector since the launch of the programme reached more than 28,700 by the end of 2022

Ferrari

Ferrari World Abu Dhabi’s new mega-coaster is now open to public

Mission Ferrari brings the park’s offerings to over 44 Ferrari-inspired attractions

Mubadala

Mubadala, US-based Resilience to manufacture biopharma in UAE

As part of the agreement, Mubadala will construct the new facility, where Resilience will manufacture biopharmaceutical-related products

UAE residence-visa

UAE golden visa: 79,617 visas issued in 2022, says GDRFA

The General Directorate of Residency and Foreigners Affairs in Dubai processed over 62.24 million transactions last year

Central-Bank-of-the-UAE

UAE Central Bank issues new anti-money laundering guidelines

The new guidelines involve the use of digital ID systems by LFIs to address their customer due diligence obligations

Visitor

Ras Al Khaimah records highest visitor numbers in 2022

The full-year figures follow a strong December performance in which the emirate welcomed its highest ever footfall in one month, with over 128,000 visitors

ADNOC

Abu Dhabi’s ADNOC sets up new gas processing, operations and marketing entity

ADNOC Gas will serve domestic and international customers with an expanding portfolio of gas products

CBUAE

Gross bank assets rose to Dhs3.58tn by end of Oct 2022, reveals Central Bank of UAE

The central bank attributed the increase in domestic credit to the increase in credit granted to the public and private sectors

DFM and DWTC to host IPO summit in Dubai

Dubai Financial Market, DWTC set to host first MENA IPO Summit – Dubai

The inaugural summit will take place from January 23-25 at The Museum of the Future

Dubai Chamber of Commerce establishes Medical Labs & Diagnostic Centres Business Group

The establishment of the business group plays a crucial role in recommending policy changes to improve the sector’s competitiveness

Sheikh Hamdan and Sheikh Maktoum review roadmap for D33 implementation_photo courtesy_Dubai Media Office

Dubai: Sheikh Hamdan, Sheikh Maktoum review roadmap for D33, first 10 projects

The first phase of D33 projects includes launching the Dubai Green and Sustainable Industry Plan

rain in dubai work from home

Heavy downpours hit Dubai and parts of UAE on Saturday, chance of rainfall on Sunday

There’s a chance of light to moderate rainfall across some areas in the UAE on January 8

UAE police arrest international trafficker photo courtesy twitter-interpol

UAE arrests kingpin of major human trafficking ring

The UAE worked closely with Interpol and local police in Sudan for the operation to nab the Eritrean criminal and members of the human trafficking ring

Dubai real estate courtesy Dubai Media Office

Dubai records real estate transactions valued at Dhs10bn during the week

Al Hebiah Fifth recorded the most transactions for this week with 133 sales transactions worth Dhs386.38m

Dubai_ new Customs duty on international purchases

Dubai levies new custom duty on international shopping over Dh300 from Jan 1

Residents shopping internationally will have to pay 5 per cent import customs duty and 5 per cent value-added tax on purchases