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COP28

COP28: Dr Sultan Al Jaber, WFP chief call for focus on rising humanitarian needs

With multiple crises affecting millions of people around the world, the upcoming climate summit aims to focus on the needs of the most vulnerable

Sheikh Hamdan approves initiatives to boost agriculture, industry and ban single-use plastics Image

Dubai approves major plans to boost economy, extends policy banning single-use plastics

The Executive Council approved an ambitious plan to stimulate Dubai’s industrial sector and drive the goals of the Dubai Economic Agenda D33

Dubai - Millionaire city

Emaar nine-month net profit sees 43% hike bolstered by property sales

Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)

Core42 sets new benchmark for Arabic LLM with Jais 30B

Abu Dhabi’s Core42 sets new benchmark for Arabic LLM with Jais 30B

The homegrown large language model offers 160 per cent longer and more detailed answers in Arabic and a 233 per cent increase in English

Growth in Dubai’s non-oil sector accelerates in October

Growth in Dubai’s non-oil sector accelerates in October

Business optimism and expectations for future activity growth hit its highest since February 2020

Binghatti branded residence

Dubai cements lead as global hotspot for luxury, branded residences

Dubai beats out the likes of international realty hotspots such as Florida, New York, and London

Emirates Group reports record $2.7bn half-year profit

Emirates Group reports record $2.7bn half-year profit

The company reported EBITDA of Dhs20.6bn, a significant improvement compared to Dhs15.3bn during the corresponding period last year

Blue Residency Visa

UAE: Sheikh Mohammed announces 10 economic principles for the next decade

The economic principles include building a digital economy and a fair legislative environment

IHC quarterly revenue reaches Dhs14.2bn

IHC’s quarterly revenue reaches Dhs14.2bn

The group’s assets edged up by 3.3 per cent to reach Dhs235.6bn, compared to Dhs228bn a year earlier

Cybersecurity

Interview: Positive Technologies maps cybersecurity trends in MENA

Cybersecurity threats have grown in scope and size with government and enterprises having to adopt a comprehensive approach to protect their digital assets

Dubai Investments buys additional stake in Monument Bank

Dubai Investments hikes stake in UK’s Monument Bank to nearly 17%

The investment group acquired a 9 per cent equity stake in the digital bank earlier this year

Wizz Air Abu Dhabi launches Turkistan flights

Wizz Air Abu Dhabi launches new route to Turkistan

The low-cost national carrier will now fly to three cities in Kazakhstan

UAE jobs

These are the highest paying jobs in the UAE for 2024

The UAE job market, while continuing to attract new talent, is stabilising as we head into the new year

Yahsat satellite

UAE: Yahsat reports strong quarterly results for Q3

Yahsat attributed its strong results due to the performance of its smart ICT solutions arm Thuraya Telecommunications

IHG signs second Vignette Collection property in Dubai (Image: Supplied by IHG Hotels and Resorts)

IHG signs second Vignette Collection property in Dubai

Marbella Resort Hotel, Vignette Collection The World Islands Dubai will open in 2026

UAE sends supplies to build field hospital 6 additional aircraft sent as part of GAZA relief efforts Image WAM

UAE Gaza relief: 16 planes sent with supplies for field hospital so far

The UAE dispatched five planes on November 8 with essential supplies required to set up and operate an Emirati field hospital to treat impacted Palestinians

New end-of-service benefits scheme now in force

UAE: New end-of-service gratuity scheme now in force; here’s what it offers

Employees who sign up can either receive financial benefits after the end of their employment contract or continue investing in the end-of-service scheme

ADQ-backed publishing firm completes SPAC merger with ADC

Abu Dhabi publishing firm completes Dhs623m SPAC merger with ADC

The SPAC raised Dhs1.1bn of growth capital, including Dhs734m from the previously announced PIPE transaction

Ad Ports Group acquires 10 offshore vessels for $200m HQ-e1680508778804

Abu Dhabi: AD Ports Group purchases 10 offshore vessels to bolster regional operations

AD Ports’ acquisition signifies an increase of around 20 per cent in offshore and subsea capacity for the group, boosting Middle East and Southeast Asia operations

Agthia Group’s nine-month revenue soars 10.9%

UAE’s Agthia Group posts Dhs3.27bn in nine-month revenue

The company reported a 12.7 per year-on-year increase in profit to Dhs205.6m, with the faster rate of growth relative to revenue

visa

UAE, Bosnia and Herzegovina announce visa-free travel for multiple categories

Citizens from both countries possessing valid passports will now have the privilege of visa-free travel for tourism, business, and short-term visits

Dubai Government approves Dhs246.6bn budget for 2024-2026

Dubai Government approves Dhs246.6bn budget for 2024-2026

The expenditure for the fiscal year 2024 alone is estimated at Dhs79.1bn, as the city seeks to accelerate growth and support the objectives D33

EDGE-ANAVIA

EDGE acquires majority stake in autonomous air systems developer ANAVIA

The acquisition will make the UAE-based defence tech company a market leader in the unmanned helicopter segment

Dubai Customs handles over 16 million bags as of Sept '23

Here’s how many bags Dubai Customs handled as of Sept ’23

Inspectors from Dubai Customs dealt with 504 cases during the same period, including both customs and criminal cases

Dubai Airshow image 2023 image courtesy WAM

Dubai Airshow 2023 to bring together over 1,400 exhibitors from 95 countries

The 18th edition of Dubai Airshow is set to take place from November 13-17 at Dubai World Central

IHC consolidates ‘green businesses’ assets under Sirius International

IHC consolidates ‘green businesses’ assets under Sirius International

The transaction represents the completion of a key milestone and is part of the conglomerate’s plans to grow Sirius into one of its key subsidiaries

Dubai Harbour welcomes Virgin Voyages 2_ Dubai Cruise Season Image Supplied

Dubai 2023-24 cruise season: Emirate welcomes Resilient Lady from Virgin Voyages

The call is one of a number of international cruise liners set to arrive at Dubai Harbour during this year’s cruise season, with 300,000 passengers and 49 ship calls

COP 28 meet to discuss loss and damage fund concludes successfully GettyImages-1340683804-e1644584765829

COP28: Meet to discuss implementation of Loss and Damage Fund concludes successfully

The agreed recommendations will now be socialised with national governments ahead of COP28, so the fund can be activated and capitalised

RTA to build 40 new air-conditioned delivery rider rest areas

RTA to build 40 new air-conditioned delivery rider rest areas

The authority said each rest area accommodates up to 10 people and has ample parking spaces for motorcycles adjacent to the facility

UAE President issues order to initiate Gallant Knight 3 humanitarian operations for Gaza residents -photo-courtesy-WAM

UAE President issues order to initiate Gallant Knight 3 humanitarian operation for Gaza

Sheikh Mohamed ordered the Joint Operations Command of the Ministry of Defence to initiate Gallant Knight 3 to support relief efforts