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DEWA selects ACWA Power for Dubai water project

DEWA picks ACWA Power to build Hassyan water desalination plant

The $914m (Dhs3.36bn) Independent Water Producer project has a projected capacity of 180 million imperial gallons per day

Agthia Group is fostering UAE’s food security strategy

Exclusive: Alan Smith on Agthia Group’s growth and food security strategy

The group’s CEO explains how they are setting an example for the industry, contributing to UAE’s food security strategy

BEEAH Tandeef to roll out AI City Vision

Artificial intelligence harnessed for waste management with BEEAH’s AI City Vision

The waste management service provider to roll out AI City Vision as a dedicated service to its clients

Astra Tech unveils new Botim debit card

Astra Tech debuts new Botim prepaid debit card

The prepaid debit card is accepted in more than 200 countries and offers UAE dirham and the US dollar

Dubai universities

Dubai universities roll out programmes in AI, drones, genetics, gaming

Dubai International Academic City and Dubai Knowledge Park aim to equip students with future-proof skills during the 2023-24 academic year

IHG's Vignette Collection enters UAE, Kuwait (Image: Supplied by IHG Hotels and Resorts)

Vignette Collection brand enters UAE, Kuwait

Th8 Palm Dubai Beach Resort, Vignette Collection and Vignette Collection in Kuwait City will be operated by United Hospitality Management

New Abu Dhabi industrial licences surge 16.6% in H1 2023

New Abu Dhabi industrial licences surge 16.6% in H1 2023

Capital investments by manufacturers operating in the emirate grew by Dhs12.4bn to Dhs384.1bn over the same period

Roya enters Dubai luxury property market

Roya Lifestyle Developments forays into Dubai’s property market

The property developer aims to redefine contemporary living by offering unparalleled luxury in the heart of the city

artificial intelligence and Web3 licences

Dubai’s DIFC to issue artificial intelligence and Web3 licences

The Dubai AI and Web 3.0 Campus is a dedicated campus for AI and Web3 innovation and will provide physical and digital infrastructure within the DIFC Innovation One new premises

UAE leaders wish India on its independence Day

UAE leaders wish India as it marks its 77th Independence Day

The UAE President Sheikh Mohamed bin Zayed extended his wishes to India’s President Droupadi Murmu

Emirates to ramp up flights to London Heathrow

Emirates to scale up London Heathrow flights

The national carrier currently serves London Heathrow with six daily A380 flights

Etihad Rail

Oman-Etihad Rail invites applicants for freight facilities works; 7 facts about the JV

The GCC railway project will include a line connecting Oman’s Suhar to UAE capital Abu Dhabi

RTA free digital parking

Dubai: RTA announces free digital parking permits for senior Emiratis, people of determination

The smart parking permit enables users to add five vehicles

AD Ports Group Q2 revenue surges by 66% to Dhs2.1bn

AD Ports Group Q2 revenue surges by 66% to Dhs2.1bn

The group’s net profit increased by 3 per cent year-on-year to Dhs310m in Q2 2023

Shuaa Capital

Shuaa Capital’s top investors are exploring sale

The firm’s market capitalisation exceeds Dhs1bn ($272m) and it has close to $5bn in assets under management

India school GCC

India supports community initiatives for new schools in GCC

Within the GCC, the largest number of Indian schools are in the UAE

UAE national banks provide Dhs745.5bn in financing by May

UAE banks provide Dhs745.5bn credit to business, industrial sectors

The central bank said the business and industrial sectors received credit financing mostly from traditional banks

Boeing 737

Dubai Aerospace Enterprise to acquire 64 Boeing 737 MAX aircraft

The Boeing 737 MAX airplane family delivers enhanced efficiency, improved environmental performance and increased passenger comfort to the single-aisle market

ADNOC LNG

ADNOC, Tabreed announce advances in effort to harness geothermal energy

Leveraging geothermal heat for district cooling operations has the potential to reduce electricity demand helping decarbonise an energy-intensive sector

TAQA’s half-year net income surges to Dhs13.5bn

UAE’s TAQA Group posts Dhs13.5bn in H1 net income

The company’s board of directors declared a second interim cash dividend for the year of 0.65 fils per share (approximately Dhs731m)

ADNIC H1 2023 earnings

ADNIC reports net profit of Dhs204m in H1 2023

ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m

DEWA selects Masdar to build Dubai solar park

DEWA selects Masdar to build phase 6 of Dubai solar park

The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW

KBBO Group debt pile

Abu Dhabi revises hotel fees to boost hospitality sector

The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1

AD Ports Food Hub Image Image Ad Ports

How AD Ports’ logistics cluster is supporting global trade

Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations

Julphar posts Dhs859.4m in H1 revenues, up 2.5%

Julphar half-year revenues surge to Dhs859.4m on solid growth

The company registered double-digit growth in the UAE and GCC region markets due to continued positive developments in key markets including Saudi Arabia

Atlantis The Royal

Atlantis Dubai plots global expansion to cash in on travel boom

A sustained rebound in leisure travel is pushing hospitality brands to look at expanding their footprint

Emaar Properties posts Dhs4.9bn in H1 profit, up 15%

Emaar Properties posts Dhs4.9bn in H1 2023 profit

The developer’s group property sales, rose by 14 per cent to Dhs20.2bn

Turkey waits on UAE investment

Turkey sees cash flow from $51bn UAE deal starting by end of this year

The agreement marked the high point of Turkey’s President Recep Tayyip Erdogan’s recent visit to the Middle East

Air Arabia’s quarterly profit soars 187% to Dhs459m

Air Arabia’s quarterly profit soars 187% to Dhs459m

The budget carrier flew more than 3.8 million passengers between April and June

Smart Salem to expand UAE residence visa processing services in DIFC image Dubai Media Office DIFC

Smart Salem, DIFC Services to expand UAE residence visa processing services

More than 100,000 customers have availed residency services and completed medical tests across Smart Salem’s three centres over the past 12 months