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AD Ports to develop green methanol facility in Egypt

UAE’s AD Ports Group to develop green methanol facility in Egypt

The chemical compound is a promising alternative to fossil fuels in industries where decarbonisation is challenging

Emaar reveals plans for The Music, Colour, and Fire Plaza

Emaar reveals plans for The Music, Colour and Fire Plaza

Located adjacent to the Dubai Creek Tower, the plaza will showcase a combination of fire displays, vibrant colours, and synchronised music

traffic-diversion-e611

Traffic alert: 3-day partial diversion on Emirates Road E611 from Sharjah to Dubai

The temporary traffic diversion will last for three days, during which the two slower lanes on the main road will be closed

UAE to announce petrol prices for June

UAE to announce petrol prices for June: will rates increase further?

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 19 fils per litre in May

Dubai events calendar: Here's what's on in the city in June

Dubai events calendar: Here’s what’s on in the city in June

Fans will enjoy live performances by global stars like Hans Zimmer, Jason Derulo, French Montana, Jeff Chang, Amr Diab, Hussain Al Jassmi, Sherine Abdel Wahab, and Majid Al Mohandis

Abu Dhabi’s Alef seeks to raise $515m from IPO

Abu Dhabi edtech firm Alef sets IPO price range, seeks to raise $515m

Alef is offering the shares in two tranches, with the edtech firm expected to debut on the Abu Dhabi Securities Exchange on June 12

KEZAD Group signs lease deal with Ducab

AD Ports Group’s KEZAD, Ducab sign lease agreement

The 50-year lease agreement will see Ducab Metals Business adding 51,015 square metres to its existing 50,000 sqm facility

President Sheikh Mohamed in South Korea

UAE President Sheikh Mohamed arrives in South Korea on first leg of Asia visit

During the state visit, the UAE president is expected to meet key business leaders, including Samsung Electronics Chairman Lee Jae-yong, and Hyundai Motor Group’s Euisun Chung among others

3dss sale to begin on May 31 in Dubai

Dubai’s biggest shopping weekend: 3DSS mega sale begins on May 31

The mega sale will see 2,000 participating outlets and 500 top brands across the city offer discounts up to 90 per cent from May 31 to June 2

ADNOC Make it in the emirates

ADNOC raises local manufacturing target to Dhs90bn by 2030

The energy company has expanded its ICV programme to drive Dhs178bn back into the UAE’s economy by 2028

Over 900 chefs compete in 27th International Emirates Salon Culinaire 2024

The culinary gathering, held from May 20th to May 22nd, attracted over 5,200 visitors to the ExpoCulinaire event

George C0allas the CEO of Lifesize Plans Dubai talks about pre-construction technology and its advantages

How pre-construction tech is transforming the property sector

Building information modelling minimises waste, controls costs, coordinates workflows and optimises labour needs for future construction

Abu Dhabi real estate projects

7 upcoming waterfront developments in Abu Dhabi

These developments across Abu Dhabi promise state-of-the art amenities combined with a lifestyle that blends nature, culture, and access to domestic and international cities

Cyclone Remal landfall tracking

Which UAE-India flights have been cancelled due to Cyclone Remal?

Cyclone Remal made landfall on the evening of May 26 with a wind speed of 135 kilometres per hour

Nakheel awards contracts for Palm Jebel Ali infrastructure works

Nakheel awards contracts for Palm Jebel Ali infrastructure works

Palm Jebel Ali will serve as a significant residential and leisure anchor for the new Expo 2020 urban centre

over 2 million rider used public transport during NYE

Dubai Metro resumes full service after April’s historic storms

All metro stations are fully operational again following the heaviest rainfall in the UAE’s recorded history

UAE off FATF grey list what it means for trade and investment-GettyImages-927096466

UAE is off FATF’s grey list: What that means for trade, investment

The UAE’s exit from the FATF’s grey list can be seen as a crucial step, albeit not the sole factor, for fostering robust growth in trade and investment

UAE-President-Sheikh-Mohamed-bin-Zayed-Al-Nahyan issues new law covering prison management in Abu Dhabi photo courtesy WAM

UAE President Sheikh Mohamed to embark on China state-visit

The visit will focus on strengthening bilateral relations and exploring further opportunities for cooperation, particularly in the economic, developmental, and cultural sectors

Generative AI

How should UAE businesses look at the legal considerations of deploying AI

The future is full of opportunities for regional businesses to flourish by tapping into the infinite potential of AI

ADNOC, Aramco considering bids for Shell’s South African assets – report

Shell announced a plan to divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses

UAE- CORPORATE TAX - FREE ZONE

Corporate Tax flash for Free Zone persons and companies: FTA’s new guidelines

Businesses operating in UAE free zones must review the FTA’s latest guidelines to ensure compliance and take advantage of the 0 per cent corporate tax rate on qualifying income

Eagle Hills unveils EUR3bn waterfront project in Latvia

UAE’s Eagle Hills expands global reach with EUR3bn Latvian project

A EUR250,000 investment in the Riga Waterfront would enable buyers to acquire residency in the European Union-member country

UAE-PAKISTAN

UAE announces $10bn investment package for Pakistan

Pakistan needs foreign investment to boost its economy and shore up its currency reserves to meet rising external repayment obligations

UAE

UAE economy grew 4.3% in fourth quarter of 2023

Financial and insurance activities, transportation and storage, real estate and construction sectors were among the top growth sectors

The Kitchen by Spinneys

The Kitchen: Spinneys introduces its first food hall concept

The food hall, covering 4,950 square feet, is located on the Lower Ground Floor in Dubai Mall

UAE, France partner to advance global AI ecosystem

UAE and France partner to advance global AI ecosystem

The two countries will explore investment opportunities in start-ups and investment funds focused on AI models

esim

Airalo: Transforming global connectivity with eSIM innovation

Airalo, a leading eSIM marketplace, reveals its expansion plans as global travel surges

Microsoft, G42 deal could transfer US AI tech abroad

Microsoft, G42 deal could transfer key US chips and AI tech abroad

Microsoft executives said the company welcomes a debate on a new legal framework governing the transfer of AI technology

Tadweer and Dubal acquire Enviroserve

Tadweer Group, DUBAL acquire e-waste company Enviroserve

Established in 2004, Enviroserve has the region’s only integrated e-waste processing hub spanning the Middle East, Africa, and Caucasus region

ADNOC Group offers 5.5% stake in drilling unit

UAE’s ADNOC Group offloads $935m stake in drilling unit

The state energy firm offloaded 880 million shares at Dhs3.90 apiece, approximately 70 per cent above the IPO price of Dhs2.30