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UAE Cabinet

Emirati federal govt employees can receive paid leave to start a business

The cabinet also approved housing loans for citizens worth Dhs2.4bn for the next six months, with 500 beneficiaries per month

construction

How digitalisation in construction can foster collaboration

Technology such as building information modelling is improving efficiency in construction by ensuring time savings and cost reductions

UAE launches NextGenFDI to attract world’s top digital companies

UAE launches NextGenFDI to attract world’s top digital companies

The campaign would encourage more than 300 global technology firms to relocate to the UAE

UAE's Landmark Group appoints new CEO Kabir Lumba for Retail

UAE’s Landmark Group appoints new CEO for Retail

Kabir Lumba will lead as the new CEO for Landmark Retail

Covid-19

UAE reports 1,688 Covid-19 cases, 1,667 recoveries

The nationwide case count has risen to 958,070

Dubai announces free parking for Eid Al Adha

Paid parking across Dubai will resume on Tuesday, July 12

UAE foreign minister discusses bilateral cooperation with Indonesia

UAE foreign minister discusses bilateral cooperation with Indonesia

The UAE and Indonesia signed the comprehensive economic partnership agreement (CEPA) in July

Abu Dhabi’s Etihad Airways unveils first NFT collection

The airline will allocate proceeds from the collection to purchase sustainable aviation fuel in 2022

UAE leaders pardon prisoners

UAE leaders pardon more than 1,600 prisoners before Eid Al Adha

This is an attempt to give prisoners an opportunity to start a new life and alleviate their families’ hardships

Ibrahim Sultan Al Haddad appointed as the first CEO of Salik

Dubai: Ibrahim Al Haddad appointed as first CEO of Salik

Al Haddad spent the last nine years as RTA’s commercial and investment director

UAE reports 1,690 Covid-19 cases

The nationwide case count has risen to 956,382

AD Ports Group

Abu Dhabi’s AD Ports Group, SEG to create logistics cluster in Uzbekistan

AD Ports Group will establish its first foreign office in Uzbekistan to support the project

YAP

Dubai-based fintech YAP raises $41m to fuel growth

The company plans to complete its Series A by the end of the year

Dining deals for Eid Al Adha

A round-up of Eid dining deals across the UAE

Tecom Group commences trading on the Dubai financial market

Tecom Group commences trading on Dubai Financial Market

A total of 625,000,000 shares, equivalent to 12.5 per cent of Tecom Group’s issued share capital, were issued

UAE President

UAE President pardons 737 prisoners ahead of Eid Al Adha

The first day of Eid Al Adha will fall on Saturday, July 9

Covid

UAE reports 1,732 Covid-19 cases, 1,769 recoveries

The nationwide case count has risen to 954,692

UAE President

UAE President restructures social welfare programme for low-income citizens

Housing and other basic needs such as food, electricity, water and fuel are also covered by the programme

Zand gets license from the Central Bank of UAE

Digital lender Zand receives licence from UAE Central Bank

Zand is now authorised and regulated to operate as a fully independent commercial bank

Anghami acquires Spotlight Events

UAE’s Anghami acquires Spotlight Events to expand footprint

The partnership will enable Spotlight Events to become Anghami’s arm for live events and concerts

Dragon Oil signs ten additional years of partnership with Turkmenistan

Dubai’s Dragon Oil signs ten-year extension with Turkmenistan

The company’s investments during the contract extension period is expected to reach another $7-8bn

Dubai Summer Surprises begins

What’s in store for Dubai Summer Surprises 2022?

Dubai Summer Surprises started on July 1, promising a wide range of activities, crazy sales, fabulous prizes and great entertainment

RTA electric bus

Dubai’s RTA signs agreement to trial eco-friendly electric bus

The trial run will test innovative technologies to enhance the customer service experience and enable the bus to operate as a smart asset

Dubai Land department

Rent in Dubai can now be paid online rather than post-dated cheques

Tenants will soon be able to pay their rent automatically through online banking rather than post-dated cheques

UAE

UAE’s CEPA pacts to grow economy by 2.6% by 2030 – minister

In July, the UAE will sign its fourth comprehensive economic partnership agreement with Colombia

UAE announces Covid protocols for Eid Al Adha

UAE announces Covid protocols for Eid Al Adha

Duration of Eid prayers will be limited to 20 minutes, while worshippers must wear masks and maintain a social distance of at least one metre

GE Digital

ADDED, GE Digital partner to accelerate digital transformation in Abu Dhabi’s manufacturing sector

Both organisations will adopt circular economy strategies to drive a more productive, advanced and innovative sector while reducing greenhouse gas emissions

Hospitality Tourism

An industry in motion: Stakeholders across hospitality, tourism space share key insights

Executives share their views on the growth and future prospects of their sectors

DEWA adds 700MW of energy production capacity, totalling 14,117 MW, with 1,627 MW from renewable energy

Dubai’s DEWA adds 700MW of energy production capacity

The clean energy share in Dubai’s energy mix has reached 11.5 per cent and is expected to reach 14 per cent by the end of 2022

UAE reports 1,764 Covid-19 cases, 1,811 recoveries

The nationwide case count has risen to 952,960