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ADCB BANK

ADCB joins ‘Buna’ system to enhance regional cross-border payments

The Buna platform offers stringent levels of governance and transparency through increased oversight from central banks as well as effective reporting and compliance mechanisms

Mastercard partners with Michelin Guide Dubai

Mastercard partners with Michelin Guide Dubai as an official sponsor

List of restaurants in the first-ever Michelin Guide Dubai 2022 was released on June 21, 2022

Covid cases July 15

UAE reports 1,489 Covid-19 cases, 1,499 recoveries

The Covid-19 nationwide case count has risen to 970,586

Majid Al Futtaim opens its first official CB2 Store in Dubai

Majid Al Futtaim opens its first official CB2 store in Dubai

The new store houses multiple categories including indoor and outdoor furniture, kitchenware, bedding, lighting, rugs, accessories and more

gender gap 2022

UAE ranked first among Arab countries in Gender Gap Report

As per the report, UAE was ranked 68th globally in the report, moving up four positions from last year

ADFD, ADEX sign two loan agreements worth Dhs337.9m in Bahrain

ADFD, ADEX sign two loan agreements worth Dhs337.9m in Bahrain

The agreements were signed with the Electricity and Water Authority in Bahrain

UAE to invest $2bn in India’s ‘food parks’

UAE announces investment of $2bn to set up food parks in India

Israel and US will bring state-of-the-art technologies and expertise to the food parks in India

Marhaba partners with Dubai’s Al Jalila Children’s Specialty Hospital

Marhaba partners with Dubai’s Al Jalila Children’s Specialty Hospital

The partnership will offer an exclusive range of travel products, with all profits going to the hospital

National Digital Talent Program Launch Emirates NBD

Emirates NBD launches ‘National Digital Talent Program’ to support Emirati youth and UAE’s AI strategy

Emirates NBD, through its new talent programme aims to nurture and develop young Emiratis, making them future-ready to support the digital economy

UAE President Sheikh Mohamed bin Zayed addresses nation

UAE President Sheikh Mohamed bin Zayed addresses the nation, outlines the country’s future ambitions

The president said the private sector plays a key role in the UAE’s economy and that the nation needs to boost its economic competitiveness and top global indicators

UAE reports 1,522 Covid-19 cases, 1,475 recoveries

The Covid-19 nationwide case count has risen to 967,597

Female

Pandemic sparks surge of female entrepreneurship in the UAE – report

New data from LinkedIn and World Economic Forum shows that gender bias and economic impact of the pandemic led to a rise in ‘necessity entrepreneurs’

DEWA completes 57% construction of water microfiltration units in Hatta

DEWA completes 57% construction of water microfiltration units in Hatta

The project will be completed by the end of this year

Airbnb readies $2bn buyback on surge in travel demand

Dubai ranks as 10th best Airbnb destination globally in 2022

According to the latest data from Inkifi, Dubai has 15,948 Airbnb active rentals

Abu Dhabi Chamber announces digital services on TAMM

Abu Dhabi Chamber introduces smart government services on TAMM 

Customers can now access a curated package of smart services through four main channels such as customer service centres, contact centres, the TAMM website and smart app

DP World’s Imperial acquires a controlling stake in Africa FMCG Distribution Ltd in Nigeria

DP World’s Imperial acquires stake in AFMCG Distribution in Nigeria

Acquisition aligns with DP World’s aim to become the leading market access and logistics partner in Africa

Sheikh Hamdan approves social benefits worth Dhs44n for People of Determination

Sheikh Hamdan approves social benefits worth Dhs44m for people of determination

The benefits cover people of determination below the age of 60, who have physical or mental impairments

Covid

UAE reports 1,554 Covid-19 cases, 1,288 recoveries

The Covid-19 nationwide case count has risen to 966,075

Flydubai suspends flights to Sri Lanka till end of August

Flydubai suspends flights to Sri Lanka till end of August

The passengers who had booked their tickets will be refunded their money

Dubai ranked among top five global maritime hubs

Dubai ranked among top five global maritime hubs

The ranking is based on the latest findings of the Xinhua-Baltic International Shipping Centre Development (ISCD) Index

UAE President

UAE President orders Dhs1.5bn housing benefits to Abu Dhabi citizens

The benefit will cover more than 1,100 beneficiaries in the emirate

productivity

How to bolster productivity during shortened working hours

Effective strategies must be deployed to get more work done in a shorter period of time without compromising productivity

Dubai

Dubai home sales surge even as prices for larger houses moderate

Prices for villas grew at a monthly rate of 1.7 per cent in June, down from an average of 2.3 per cent per month last year

Red Cross Abu Dhabi

International Committee of the Red Cross to open office in Abu Dhabi

The UAE government signed an agreement with the International Committee of the Red Cross to establish the office

Free parking Abu Dhabi

Free public parking in Abu Dhabi shifted to Sundays instead of Fridays

The regulation will come into effect from July 15

Israel

Calev’s newsroom: Energy cooperation between UAE and Israel

The future of energy cooperation between the two countries holds great potential for mutually beneficial partnerships

Smart security

Smart security: Investing in a safer world

We explore how a rapidly changing geopolitical landscape has driven investment prospects in certain sector

Nasdaq Dubai China

Industrial and Commercial Bank of China lists five bonds worth $2.68bn on Nasdaq Dubai

The note is the first ever carbon-neutrality theme bond issued in the GCC region

Abu Dhabi Colombia

Abu Dhabi, Colombia collaborate to boost energy sector

The Abu Dhabi Department of Energy and Ministry of Mines and Energy of Colombia will explore opportunities for financing projects in energy areas including use, and storage of hydrogen

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