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Abu Dhabi waterfront

Abu Dhabi property market: From Al Reef to Saadiyat Islands – 5 areas to track

While there was an increase in sales prices in several areas driven by high demand, this trend was particularly noticeable in upscale neighbourhoods offering high-end amenities

Dubai real estate

Dubai real estate powers through January 2024 with Dhs35bn in sales

Off-plan sales grew by 25 per cent year-on-year in January as Dubai’s real estate sector continued to perform well in the new year

UAE jobs in demand

UAE jobs in demand 2024: Top 10 skills in shortage

Skills shortage could see organisations in the UAE, “invest significantly, as well as in a range of innovative approaches to attract the best candidates”

Aster DM Healthcare

Abu Dhabi imposes Dhs1m fine, closes 8 health centres

The healthcare regulator closed four home care facilities due to their failure to comply with its standards and regulations

AD Ports, Karachi Port Trust expand operations in Pakistan

UAE’s AD Ports signs 25-year concession deal with Karachi Port Trust

Karachi Gateway Terminal Multipurpose, a joint venture between AD Ports and Kaheel Terminal, will take over East Wharf’s existing operations as part of the deal

Sir Tim Clark Emirates Airlines - Boeing

Sir Tim Clark says Boeing in ‘last chance saloon’ — FT report

Clark made the comments to the Financial Times as he is reportedly preparing to send Emirates engineers to Boeing to oversee its 777 production lines

PIF launches ALAT a tech firm getty images

Alat: PIF’s new advanced tech firm to drive economic shift

Alat aims to create 39,000 direct jobs in Saudi Arabia by 2030, and achieve a direct non-oil GDP contribution of $9.3bn by the same year

Sheilkh Mohamed extends year of sustainability to 2024 GettyImages-1235290287-e1701427465565

UAE: Sheikh Mohamed extends Year of Sustainability into 2024

The announcement reaffirms the nation’s commitment to establishing a sustainable and prosperous future for its people

NWTN facility at KEZAD

Dubai-linked EV deal paused amid China Evergrande liquidation

China Evergrande New Energy Vehicle has suspended negotiations regarding a share subscription agreement with Dubai-based mobility firm NWTN

Abu Dhabi Commercial Bank - ADCB

UAE bank ADCB Q4 net profit jumps 38%, beats forecasts

Net interest income in the fourth quarter increased by 17 per cent year-on-year to Dhs3.41bn

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

From budgets to layoffs: UAE businesses trust AI with big calls

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