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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

Sharjah real estate

The secret to succeeding in the UAE’s competitive real estate landscape

The UAE’s real estate sector presents multiple avenues for success, but before entering the market investors must weigh various aspects based on past and present growth patterns as well as future prospects

ABHI to relocate headquarters to Abu Dhabi

Pakistan’s ABHI moves to Abu Dhabi in bid to deepen tech ties

The fintech platform is currently in discussions with multiple UAE banks about rolling out its solutions

India - UAE bilateral meet in Abu Dhabi

India-UAE partnership: Leading the regionalisation of trade through the decades

As India celebrates its 75th Republic Day, here’s a look at the encouraging bilateral trade figures catapulted by the UAE-India CEPA deal

Emirates NBD posts Dhs21.5bn in full-year profit

Dubai’s Emirates NBD posts 65% rise in 2023 earnings

The Dubai-based lender proposed a dividend of 120 fils per share for last year, doubling the amount paid to shareholders in 2022

Etihad Rail marks historic passenger journey from Abu Dhabi to Al Dhannah

Etihad Rail has carried passengers on its lines for the first time ever as it embarked on a 250km journey

UAE Golden Visa - Getty Images

UAE Golden Visa: Dubai makes major change to property down payment requirement

The UAE introduced the golden visa programme to allow for a 10-year residency to encourage exceptional individuals and foreign investors to establish deeper ties to the country.

Uganda oil pipeline

Uganda in talks with UAE investment firm over planned oil refinery

Negotiations on the key commercial details between Uganda and UAE-based Alpha MBM Investments are expected to be completed within three months

Boeing 737 max

What airlines, regulators are doing about Boeing 737 MAX 9 jets

The American planemaker is facing serious action from regulators after the Alaska Air incident

AD Ports Group to digitalise Aqaba port operations

AD Ports Group’s Maqta Gateway to digitalise Aqaba port operations

The implementation of port community system marks the first ever export of Abu Dhabi’s key port digitalisation solution

CENTREPOINT-LANDMARK GROUP - PATH TO NET ZERO

‘Survival of the most sustainable one’: The new mantra for a net zero future says Landmark Group CFO

Rajesh Garg, group chief financial officer and chief sustainability officer at Landmark Group speaks to Gulf Business about the green ethos driving the change in the retail giant’s operations and outlook.

Mercedes Benz Places by Binghatti unveiled Image Supplied

Binghatti unveils first Mercedes-Benz branded residential tower, here are the details

The residences will showcase mixed-use facilities comprising restaurants, sports and wellness zones, lounges, non-automotive retail, exhibition spaces, and parking

Dubai Financial Services Authority registers 117 firms in 2023, reflects 25% YoY growth Image WAM

Dubai Financial Services Authority registered 117 firms in 2023, reflecting 25% growth

The regulator licenced and registered a record-breaking 117 firms during the 12 months. This reflected an increase of 25 per cent from the previous year.

DIB reports 26% rise in full-year net profit

DIB’s full-year profit surges to Dhs7bn on higher interest income

The Shariah-compliant bank’s net operating revenues rose by 11 per cent YoY to reach Dhs11.7bn, while operating profit stood at Dhs8.5bn

Etihad Cargo, Abu Dhabi Airports, Abu Dhabi Food Hub to set up air corridor for food trade image Getty Images

Abu Dhabi moves to bolster air corridor for food trade

The launch of the Fresh Corridor 2.0 will encourage two-way food trade between the UAE and the rest of the world bringing food products into the UAE

MBRAH at Dubai South reords highest ever private jet movements Image dubai media office

Private jet traffic soars at Mohammed bin Rashid Aerospace Hub

The number registered was 16,657 movements, a growth of 8 per cent over 2022, reflecting the highest movements achieved so far in the emirate

Sheikh Hamdan dubai

Sheikh Hamdan launches Dhs1.1bn scholarship programme for students

The programme, which will fund 100 Emirati students annually, will start accepting applications in April for the 2024-2025 academic year

SRTA, BEEAH partner to build EV charging stations

Sharjah’s SRTA, BEEAH partner to build EV charging stations

The installation of EV charging infrastructure is expected to support drivers looking to make the switch to electric vehicles

Aldar launches Sama Yas at Yas park

Abu Dhabi: Aldar unveils new premium residential community in Yas Park

Sama Yas, set to launch on February 2, comprises three low-rise buildings, which include one-, two, and three-bedroom apartments, two- and three-bedroom duplexes, two- and three-bedroom garden apartments, and penthouses

UAE tax relief

UAE reaffirms: No personal income tax on the horizon

Individuals won’t be taxed in the UAE any time soon, says a top delegation from the UAE’s Ministry of Finance

UAE President establishes AI and Advanced Technology Council

UAE President establishes AI and Advanced Technology Council

The council will contribute to the continued development and prosperity of the post-hydrocarbon economy

Holiday Inn Dubai Business Bay - Reception

Holiday Inn Dubai Business Bay now open, debuts open lobby concept

Set in one of the most central areas of the city, the Holiday Inn Business Bay is an ideal choice for corporate and leisure travellers looking for easy access to Dubai’s business and recreational landmarks

ADNOC bumps up decarbonisation budget to $23bn

UAE’s ADNOC bumps up decarbonisation budget to $23bn

The increased allocation will include investments to grow the company’s domestic and international carbon management platforms

RPM Response Plus Medical acquires UK-based Prometheus Medical Image RPM

Response Plus Medical acquires UK-based Prometheus Medical

Following the acquisition, Response Plus Medical is pursuing a robust strategy of integrating all aspects of pre-hospital healthcare services under one umbrella

Dubai D33 agenda on track, GDP growth rises 3.3% from Jan-Sep 2023

Accommodation and food services activities witnessed a strong 11.1 per cent growth in the first nine months of the year

UAE launches Global TradeTech Sandbox at WEF

The Global TradeTech Sandbox will streamline the interaction between exporters, logistics companies, ports, regulators, and customs officials

Samsung Galaxy S24: Pre-orders now open in UAE

Samsung Galaxy S24: Pre-orders now open in UAE

Samsung customers in UAE can avail pre-order benefits on the latest Galaxy S24 Series, such as free double storage upgrade, one year Samsung Care+ warranty, trade-in benefits and more

Road-toll operator Salik to build two new toll gates in Dubai

This is where Dubai’s new Salik gates will be located

The two gates will be located at Business Bay Crossing on Al Khail Road, and Al Safa South on Sheikh Zayed Road

RTA inks MOUs to dvelop new rail system Image WAM Urban.Mass RTA

Dubai eyes solar-powered rail buses in future transport mix

Two MoUs were signed with two companies that specialise in developing and manufacturing transportation systems, as well as designing mass transportation solutions for zero emissions