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UAE hikes petrol, diesel prices for November 2024

Here’s how much petrol, diesel will cost you in November

The fuel price committee increased retail prices for Super 98, Special 95, and E-Plus 91 by as much as 9 fils per litre in November

UAE to invest $1bn in Vietnamese EV maker Vinfast — report

The possible deal with Vinfast comes off the back of Vietnam having signed a comprehensive economic partnership agreement with the UAE

Abu Dhabi’s CYVN seeks to buy McLaren’s automotive business

Abu Dhabi’s CYVN Holdings to acquire McLaren’s automotive business

The deal will bring access to additional capital, advanced engineering expertise and technology, particularly in the field of electric vehicles

Emirates inks strategic deals with Vietnam Airlines, VietJet

Emirates inks strategic deals with Vietnam Airlines, VietJet

Under the new MoU, the airlines will explore opportunities to expand connectivity beyond their current interline agreement and potentially integrate reciprocal loyalty benefits

Dubai Government approves Dhs302bn budget for 2025-2027

Dubai government approves record-breaking budget

The expenditure for fiscal year 2025 alone is estimated at Dhs86.26bn, with revenues projected at Dhs97.66bn

Modon Holding, LuLu Retail to build retail facilities in UAE and Egypt

The two entities are collaborating to build a network of community retail outlets, including hypermarkets, supermarkets, and other retail stores

Amali Properties breaks ground on ultra-luxe island project

With piling works set to begin in March 2025, the project is expected to reach completion by Q1 2027

How NBA is deepening connections with Middle East basketball fans

How NBA is deepening connections with Middle East basketball fans

The VP and head of Fan Engagement and Direct-to-Consumer at NBA Europe and Middle East, shares the strategy and vision driving NBA’s expansion into Abu Dhabi and its presence in the region

UAE, Vietnam seal comprehensive economic partnership agreement

UAE, Vietnam seal comprehensive economic partnership agreement

The bilateral trade pact is expected to unlock new avenues for cooperation in key sectors such as food production, apparel, machinery, and metals

EasyLease Acquires Majority Stake in Gallega Global Logistics

IHC’s EasyLease acquires majority stake in Gallega Global Logistics

Gallega Global Logistics is known for its supply chain solutions across sectors such as automotive, industrial, FMCG, healthcare, and retail

UAE-Brazil Business Council inaugurates in São Paulo

UAE-Brazil Business Council inaugurates in São Paulo

The UAE-Brazil Business Council stands as a pivotal platform for ongoing cooperation, with an ambitious agenda to enhance trade and investment, and support long-term economic partnerships

Dubai: RTA awards Dhs696m contract to develop Trade Centre roundabout

RTA awards Dhs696m contract to develop Trade Centre roundabout

The improvements will reduce delay time from 12 minutes to 90 seconds, and cut travel time from Sheikh Zayed Road to Sheikh Khalifa bin Zayed Street from six minutes to one minute

UAE issues federal decree-law on traffic regulation

Here’s what UAE’s latest federal decree-law on traffic regulation covers

Key aspects of the decree-law include the establishment of updated vehicle classifications and the integration of modern road technologies

Dubai, Abu Dhabi lead global talent entry rankings, reveals report image WAM

Dubai, Abu Dhabi lead global talent entry rankings, reveals report

As Dubai and Abu Dhabi continue to lead in attracting global talent, their focus on innovation and sustainability positions them as vital players in an evolving economic landscape

Fun things to do at Dubai Fitness Challenge 2024

Fun things to do at Dubai Fitness Challenge 2024: Week 1

Here’s your guide to making the most of the Dubai Fitness Challenge to jumpstart your wellness journey

HDI Global’s Willem van Wyk on transforming risk management

HDI Global’s Willem van Wyk on transforming risk management

The MD of HDI Global’s Dubai office, van Wyk discusses the critical role of innovation and tailored solutions in enhancing resilience across industries

Marine transport services

Marine transport services restart in Business Bay, Water Canal areas

The first line, designated DC2, operates from 8am to 10pm, Monday to Saturday, and from 10am to 10pm on Sundays, with intervals of 30 to 50 minutes

Abu Dhabi’s e& Group completes $2.3bn acquisition PPF Telecom

Abu Dhabi’s e& Group completes $2.3bn acquisition PPF Telecom

The investment represents a pivotal moment in e&’s international strategy to scale and add resilience to its operational profile

Dubai and Abu Dhabi race to lure world’s wealth managers

Dubai and Abu Dhabi race to lure world’s wealth managers

For both cities, the ease and clarity of regulations has been a significant draw for financial investors

Aviation sector’s share to Dubai GDP seen at $53bn by 2030

Aviation sector’s share of Dubai GDP seen at $53bn by 2030

The share of the aviation industry to Dubai’s economy hit a record Dhs137bn in gross value added, equivalent to 27 per cent of the GDP

Dubai’s Parkin to manage paid parking at Majid Al Futtaim malls

Dubai’s Parkin, Majid Al Futtaim to introduce paid parking at UAE malls

The barrierless parking solution eliminates the need for cars to stop when entering or exiting the mall’s parking lots

NMDC Energy reports Dhs402m as Q3 net profit post IPO

NMDC Energy reports Dhs402m as Q3 net profit post IPO

Third quarter revenues reached Dhs3.975bn, up 110 per cent from the corresponding period of 2023, the company reported

Trump International Golf Club Dubai tees up for breast cancer awareness

The day focused on raising awareness for breast cancer and supporting survivors

UAE: Islamic treasury bonds attract Dhs7.20bn in bids at Oct auction

UAE: Islamic treasury bonds attract Dhs7.20bn in bids at auction

The Islamic T-sukuk issuance programme plays a pivotal role in enhancing the UAE’s financial markets by contributing to the development of a UAE dirham-denominated yield curve

Proptech firm PRYPCO raises $10m in seed funding

Proptech firm PRYPCO raises $10m in seed funding round

The investment round led by Shorooq Partners with participation from Apparel Group and other investors

David Heard, a pioneer of Abu Dhabi’s oil industry, passes away at 85

Heard’s career saw him rise to become a representative of Abu Dhabi Petroleum Company (ADPC) to the UAE government and later an advisor to the Supreme Petroleum Council (SPC).

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

Abu Dhabi’s Etihad Airways buys 16 aircraft engines for Dhs1.5bn

The sale includes nine GEnx engines for the Boeing 787 aircraft and five GP7200 engines for the Airbus A380

UAE forecasts cloudy skies, rainfall from Wednesday

UAE weather: Rain, cloudy skies expected in some areas

The light to moderate rainfall and, at times, heavy is associated with convective cloud formation in eastward and northward areas

UAE economy to grow by 5.1% in 2025, says IMF

UAE economy to grow by 5.1% in 2025, says IMF

Growth in the UAE is broad based and driven by solid domestic activity in sectors such as tourism, construction and financial services

How ADNOC is elevating the consumer journey at the pump

How ADNOC Distribution is elevating the consumer journey at the pump

Maaz Qureshi, vice president of Digital Business at ADNOC Distribution, says the company is investing in AI-powered solutions to drive operational excellence