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Oil rig - OPEC

OPEC+ leaves oil production levels unchanged, to review production cut extension in March

OPEC said its “committee will continue to monitor” countries’ conformity with output decisions

business

What is the average salary increase in the UAE in 2024?

More than one-third of companies have plans to raise wages by up to 5 per cent

AI

5 ways in which GenAI will change your work life in 2024

The trends of 2024 will shape a future, where AI is not just a tool, but a fundamental part of the GenAI experience

Sheikh Mohammed - bureaucracy

Zero red tape: Dubai’s Sheikh Mohammed eyes slashing bureaucracy

The programme will work to reduce the duration of government services by 50 per cent and re-engineer hundreds of government services

oil refinery

OPEC oil output sees biggest monthly fall in January: Trend watch

OPEC oil output in January registered the biggest monthly drop since July, as several members implemented new voluntary production cuts

GCC markets update

GCC markets update: QE, DFM and Tadawul

Follow our live blog below to stay abreast of news and updates across the GCC markets

BRICS: Dubai ranks 3rd among top 10 wealthiest cities, see full list here

Dubai lives up to its reputation as the ‘City of Gold’, hosting 72,500 millionaires, 212 of whom are centi-millionaires and 15 billionaires

7x - emirates post

7X: Emirates Post reveals new corporate identity

The nomenclature ‘7X’ represents seamless connectivity of the seven emirates to the seven continents and across the seven seas

UAE winter rain hits Dubai and other emirates. Image Getty Images Karim Sahib

UAE braces for rain and wind: Three-day weather forecast

Motorists are advised to adhere to speed limits, refrain from sudden braking, maintain a safe following distance, and pull over if visibility is impaired

Merger and Acquisition (M&A)

What does 2024 herald for MENA M&A and private credit?

Despite global dealmaking challenges in 2023 the Middle East will continue to be a global bright spot for transactions in the year ahead

HID

HID: Why access control is only set to get bigger

With a presence across 100 countries, HID is leading the pack as the industry transitions to deal with post-pandemic trends such as a mobile-first world and a hybrid work model

petrol

UAE petrol prices for February 2024: Here’s how much a full tank will cost

The UAE has announced revised fuel prices for the coming month

UAE job seekers looking at these key industries, reveals new survey Image Getty Images

UAE job seekers looking at these key industries, reveals new survey

The survey revealed that the UAE’s job market is seeing a growing demand for digital skills, with IT being considered the leading industry for potential growth

Ramadan 2024

When is Ramadan 2024: Calendar and timings for the holy month

With 29 days of fasting, the month of Ramadan will end on Tuesday, April 9, 2024 and hence the first day of the fast could be on March 11

oil

UAE announces petrol price hike for February

Consumers will have to shell out a few fils more as authorities announced a hike in petrol prices for February

DUBAI SCHOOLS EID AL FITR BREAK: Winter break - Image-courtesy-KHDA

Sheikh Hamdan approves Dhs530m ‘Dubai Schools’ 6,400 seat expansion

This move is expected to result in the addition of over 6,400 seats, accompanied by the establishment of 295 classrooms and 123 laboratories and specialised classrooms

digital dirham-sheikh mansour

Landmark Digital Dirham payment to China marks CBUAE’s 50th anniversary

Facilitated through the multi-CBDC platform ‘mBridge’, the transaction utilised central bank-mandated digital currencies for international fund transfers

ADNOC Gas, GAIL India sign 10-year LNG supply deal

ADNOC Gas signs multi-year LNG supply agreement with GAIL India

The energy firm maintained a strong sales momentum in 2023, signing LNG deals valued between $9.4bn and $12bn

UAE-UK visa waiver programme

Solo travel to London anyone? UAE nationals no longer need a pre-entry visa to UK

The visa waiver programme kicks in from February and travellers can apply for it at the start of the month

Abu Dhabi: KEZAD's Dhs621m injection to supercharge warehousing sector image Kezad

Abu Dhabi: KEZAD’s Dhs621m injection to supercharge warehousing sector

 KEZAD Group has commenced construction of the new phases in light of strong demand for warehousing and other prebuilt facilities across Abu Dhabi, in both free zone and domestic industrial areas

Emirates Literature Festival

Emirates Literature Festival 2024: A celebration of stories, books and people

Known as the region’s largest celebration of the written and spoken word, the festival has for over a decade and a half, hosted international and regional writers, poets, thinkers, and speakers from around the globe

ChatGPT prompts - with artificial intelligence Man who is discussing marketing analytics. Future. Work by AI smart robot technology.

7 ChatGPT commands to help your business get ahead

The AI-tool has the potential to automate and speed up a range of tasks – from administrative to creative

Ikea furniture price discount

Your next Ikea purchase could come at a discount as raw material costs ease

The furniture retailer has announced price cuts in Germany – its biggest market by sales – as well as Sweden and the UK

Dhs400 fine confirmed on this Abu Dhabi highway

Abu Dhabi clarifies speed limit rule on Sheikh Mohammed bin Rashid Road

Motorists driving below 120km/h on the first two lanes of the four-lane highway will be fined Dhs400

Mashreq posts 130% rise in full-year profit

Mashreq’s annual profit surges to record on higher net income

The bank’s non-interest income reached Dhs3.1bn in 2023, up 13 per cent compared to the previous year

Saudi Arabia Alula

Saudi Arabia detains AlUla official on corruption charges

A man overseeing the kingdom’s main pre-Islamic heritage sites at AlUla has been arrested on corruption charges

Decoding the anatomy of a Dhs600m Dubai property price tag

Earlier this year, Raffles The Palm Dubai announced the listing of the emirate’s most expensive penthouse. We talk to the team behind the listing to explain its valuation.

nol-card-metro

Dubai’s RTA invests Dhs350m to upgrade nol system

The upgrading of the nol system is one of the key deliverables of RTA’s Digital Strategy Roadmap 2023-2030 launched last December

DIEZ unveils Dhs500m venture fund to finance tech startups

Dubai unveils Dhs500m growth initiative to support SMEs

The initiative is open to all SMEs founded in Dubai and is designed to empower businesses to expand internationally

weather rain

UAE rainfall sparks weather hazard warnings

Rain has fallen in parts of the UAE on Sunday morning as authorities have warned the public to be careful of potential hazards