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UAE

Talabat launches first quick-commerce-as-a-service (Q-CAAS) store

Talabat launches first quick-commerce-as-a-service (Q-CAAS) store

This came after a six-month trial was successfully completed in partnership with Aswaaq retail

Nakheel

Dubai’s Nakheel secures financing worth $4.6bn to drive growth

The funding will be deployed to develop Dubai Islands and other waterfront projects

Dubai's Emirates purchases 5 Boeing 777 freighters

Dubai’s Emirates buys 5 Boeing 777 freighters

The agreement, worth over $ 1.7bn at list prices, takes the airline’s order book to 200 wide-body aircraft

COP27: “We meet at a critical time for our planet and our future generations,” says UAE President

Sheikh Mohamed bin Zayed Al Nahyan emphasised the importance of international cooperation to tackle climate change for the sake of future generations

flydubai

Flydubai to add six destinations to network

The new routes will see the airline’s network expand to 113 destinations in 53 countries

Air Arabia Egypt launches service to Marseille

Air Arabia Egypt to launch new service between Cairo and Marseille

The service will commence from December 16

Direct device to satellite Ali Al Hashemi is the CEO of UAE’s satellite solutions provider, Yahsat Group

How direct satellite-to-device connectivity can transform the satcom sector

Direct satellite-to-device technology opens the door for satellite services to go mainstream and leverage mass-market equipment production

UAE President to attend COP27 in Egypt

The conference will welcome world leaders, heads of government, and representatives of international bodies and civil societies

Covid-19

UAE lifts almost all Covid-19 restrictions

The changes will come into effect at 6am on Monday, November 7

Dubai’s Emirates resumes flights to Rio de Janeiro, Buenos Aires

The four-times weekly flights from Dubai to Rio de Janeiro with onward service to Buenos Aires will operate as EK247/EK248

126-activities-added-to-Tajer-Abu-Dhabi

Abu Dhabi’s Fertiglobe reports 84% rise in adjusted net profit for Q3 2022

The company’s Q3 2022 revenues increased 52 per cent year-on-year to total $1.32bn

Abu Dhabi’s Adnoc acquires 24.9% stake in OMV

ADQ, Veolia, Vision Invest acquire ADNOC Refining’s waste management operations

ADQ, Veolia, and Vision Invest will own and operate two waste management plants, which sustainably treat and dispose of industrial waste generated from across ADNOC’s operations

uae traffic fine

In pics: UAE leaders, residents, citizens, offices celebrate Flag Day

The nation marked the 10th UAE Flag Day with flag-hoisting ceremonies held at government buildings, private offices and schools

ADIPEC 2022 concludes, event attended by 15,000 industry professionals

Held under the theme of ‘The future of energy: secure, affordable and sustainable’, ADIPEC brought together global leaders to discuss critical issues around energy security and sustainability

CBUAE launches new website

UAE Central Bank raises interest rate by 75 basis points

The US Federal Reserve upped its policy rate by three-quarters of a percentage point for the fourth consecutive time

ADNOC awards $4bn agreements for integrated drilling fluids services

ADNOC awards $4bn agreements for integrated drilling fluids services

The agreements were awarded to ADNOC Drilling Company, Schlumberger Middle East and Halliburton Worldwide Limited Abu Dhabi

Empower

Dubai’s Empower increases IPO stake size from 10% to 15%

The company’s market capitalisation at listing is expected to be between $3.56bn and $3.62bn

AMAZON LAUNCHES INTELLECTUAL PROPERTY ACCELERATOR IN THE UAE

Amazon.ae reveals dates for ‘11.11’ sale

Amazon Prime members in the UAE can avail exclusive deals from November 1-8

Dubai telecom operator Du posts $87m net profit

UAE’s du reports 12.7% rise in net profit for Q3 2022

The increase in service revenues lifted the gross margin to 65.2 per cent compared to 62.2 per cent in Q3 2021

New UAE visa laws

Five things you should know about the new UAE visa laws

Earlier this year, the UAE cabinet announced major changes to the UAE visa system, which will result in simplified requirements and more benefits for visitors and residents

ADNOC's offshore operations

ADNOC, India’s Gail sign MoU to explore LNG supply opportunities

Both companies will examine short and longer term LNG supply and trading optimisation opportunities

Middle East KFC operator set for Abu Dhabi, Riyadh dual listing

Americana Restaurants International received approval to sell a 30 per cent stake, or 2.53 billion shares

fuel-petrol-diesel-prices

UAE raises fuel prices for November 2022

The price of Super 98 has been increased to Dhs3.32 per litre

UAE's finance ministry amends some provisions of VAT law

UAE’s finance ministry amends some provisions of VAT law

The amendments were based on past experiences, challenges faced by various business sectors and recommendations received from relevant parties

UAE education provider Taaleem plans to raise $204m from IPO

Taaleem shares are expected to start trading on or around November 29, 2022

Wizz air

Wizz Air Abu Dhabi commences first flight to Kuwait

The new route will strengthen connectivity within the GCC

Empower reports robust growth of 41.3%

Dubai seeks to raise $362m from district cooling firm IPO

Empower will start taking investor orders for the IPO from Monday, with final pricing scheduled for November 9

Alpha Dhabi reports nine-month results for 2022

Alpha Dhabi announces net profit of Dhs9bn for first nine months of the year

The holding company’s revenues also grew significantly, standing at Dhs26.6bn, which represents a year-on-year increase of 133 per cent

Trading recycled plastic through Rebound Plastic Exchange

How trading recycled plastics will help build a sustainable future

To enable global circularity, UAE-based Rebound has launched a global B2B digital trading platform for recycled plastic

Abu Dhabi Airports

Abu Dhabi Airports unveils new brand identity

The new corporate identity underpins future growth plans for the airports operator