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Eid al Fitr

Eid al Fitr 2024 holiday in UAE: 9-day break for public sector confirmed

The Eid al Fitr holiday dates have been announced for public sector employees

Traffic fine discount - Abu Dhabi - UAE

Fog, rain alert for UAE: NCM issues advisory for motorists

The NCM warned of low visibility for areas under a red alert warning

UAE to announce petrol prices for October soon

See how UAE petrol prices have risen for April 2024

Petrol prices have risen for a fourth consecutive month in the UAE

Dubai World Cup

Dubai World Cup 2024: Laurel River takes home $12m prize

Laurel River stormed towards the finish line, eclipsing the previous winning margin record set by Dubai Millennium in 2000

Huge smoke cloud engulfs major Dubai road after accident

The plume of smoke could be seen 16km away in Dubai’s Town Square, according to a post on social network Reddit

Plastic ban

What you need to know about Dubai’s ban on single-use plastic: Fines and exemptions

The aim of the plastic ban is to mitigate plastic waste and instigate a shift towards recycling practices

MEYDAN-RACECOURSE-DUBAI WORLD CUP-WAM

Dubai World Cup 2024: Watch live stream from Meydan Racecourse

Elite horses from around the globe vie for victory at the one of the world’s richest horse race

This is how UAE fuel prices have fared in the last 14 months

In the UAE, fuel prices have steadily risen month-on-month for Special 95, Super 98 and EPlus 91 in 2024 thus far

Huawei

Huawei continues rebound with strongest earnings growth since 2019

While the company’s core ICT infrastructure business remained stable, its cloud business grew by more than a fifth, generating revenue of CNY55.3bn

online sale

Dubai’s ‘Great Online Sale’: Up to 95% off on major brands

From electronics to fashion, health and beauty to home and toys, discounts are being offered by some of the city’s favourite brands

The Red Sea

Red Sea International Airport to receive its first flight from Dubai

The Red Sea, envisioned to comprise 50 resorts upon full completion in 2030, represents a significant step towards realising Saudi Arabia’s Vision 2030 initiative

Gold

Gold regains its allure with record high prices on safe-haven demand

Gold logged its best month since July 2020, at a 9 per cent increase, and a second straight quarterly rise

Etihad Rail, BEEAH Group ink waste management deal

Etihad Rail signs waste management deal with BEEAH Group

The rail developer said BEEAH Tandeef will apply circularity principles when recycling certain waste, converting it into fertiliser for local agricultural use

UAE reportedly considering 10-year golden business licences

UAE reportedly considering 10-year golden business licences

The new trade licences are expected to increase government revenue, ensure business continuity, and promote economic growth

Louvre

Louvre Abu Dhabi draws over 1.2 million visitors in 2023

Since its opening in 2017, the Louvre Abu Dhabi has not only attracted art enthusiasts and collectors but also positioned the emirate as a global cultural hub

The 2023 Dubai World Cup

Dubai World Cup closing ceremony: 4000 drones and fireworks on display

The Dubai World Cup provides a truly global stage upon which the best horses in the world come to compete every year

home mortgage offers - Huspy, Holo

Huspy versus Holo: Mortgage offers under 4% for homebuyers

Driven by technology, various platforms are offering an interface that is secure and transparent, along with financing options from multiple lenders

DUBAI-WORLD-CUP - HORCE RACE - $12M PURSE

All you need to know about the Dubai World Cup: Races, stakes, and dress code

A highlight in the sporting and social calendar, this meet is considered one of the world’s most spectacular race days

GCAA introduces CARDS system to help cargo sector GettyImages-692496282

UAE’s new cargo data reporting system is primed to support providers

The platform will furnish an analytical overview of air cargo movements within, to and from the UAE

Dubai ALEC IPO on the cards

Dubai considers IPO for ALEC amidst property boom: Reports

Investment Corporation of Dubai is said to consider listing ALEC

Brent oil price forecast Bloomberg GettyImages-1384536093

Oil market sees frenzy of hedge fund buying as traders turn bullish: Opinion

In a sign of how bullish investors were becoming most buying came from the creation of new long positions

Cheyne Capital secures investment from Abu Dhabi’s ADIA

Abu Dhabi unveils new Dhs3.5bn residential project for citizens

The Yas Canal project in Abu Dhabi will comprise 1,146 residential villas for UAE Nationals and is scheduled for completion in Q4 2027

EMIRATES - Sir Tim Clark is backing Boeing-Spirit merger

Emirates’ Sir Tim Clark urges Boeing to prioritise safety in CEO search – FT

Clark’s remarks underscore the growing pressure on Boeing to address its governance and safety concerns effectively

RTA to open co-working space at Burjuman metro station

Dubai’s RTA pilots co-working space at Burjuman Metro Station

The co-working space offers seamless accessibility via the metro and other public transport modes, obviating the need for a car

onion ban - India

India extends ban on onion exports indefinitely ahead of general election

Traders estimate that India accounts for more than half of all onion imports by Asian countries

Mubadala to acquire Kelix Bio Image WAM

Mubadala to acquire international biopharma firm KELIX bio

KELIX bio, founded in November 2020, has swiftly emerged as a key player in the pharmaceutical industry, offering more products to markets across the Middle East, Africa and Asia

fuel-petrol-diesel-prices

UAE to announce fuel prices for April 2024: Will petrol, diesel rates increase?

The UAE announces the price of petrol and diesel, to be sold at retail outlets, at the end of each month

rain- cloud - thunderstorms

Weather alert: Convective cloud activity, rainfall warning for parts of UAE

The UAE’s weather agency has issued a yellow alert for parts of the country

Deepak Chopra’s Beacon Media eyes Hollywood merger, Middle East expansion

The potential merger aims to finance and produce over 50 films in the next ten years from the Global South, targeting regions such as Africa, Asia, India, Latin America, and the Middle East

UAE visa

Here’s what Dubai’s new 20% tax regime for foreign banks means

The new tax regime clarifies that the headline 9 per cent corporate tax will be creditable against the emirate-level tax on foreign banks