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UAE Ukraine

UAE sends 250 tonnes of aid to Ukraine

The aid shipment will arrive in Poland and Romania by sea before being transported into Ukraine

DIFC

DIFC’s H1 results show 23% rise in companies joining financial centre

The financial centre saw a steady growth in the number of financially regulated firms establishing their base at DIFC

Al-Futtaim Automotive’s Katib Belkhodja on customer-centric approach

Exclusive: Katib Belkhodja on Al-Futtaim Automotive’s customer-first strategy

Al-Futtaim Automotive’s director of customer centricity tells us how the group plans to leverage digital ecosystems to create hyper-personalised customer experiences

US Ambassador to the UAE Martina Strong

Martina Strong is the new US Ambassador to UAE

The post of the US Ambassador to the UAE has been vacant since 2021

infrastructure development

UAE announces national programme for infrastructure development

Salamah 365 is a transformational project under the performance agreements signed by federal authorities in 2022

McDonald's UAE Umm Suqeim All-female Team at restaurant launch Image McDonald's UAE

McDonald’s UAE opens first outlet with all-female staff, features partial solar PV roof, EV charging ports

The latest venue features another ‘first’, as the branch has also introduced curbside ordering, allowing customers to place orders digitally from designated parking spaces

Mirabaud

DFSA fines bank Mirabaud $3m for anti-money laundering controls failings

The penalty includes disgorgement of $975,000, reflecting the economic benefit Mirabaud gained from its violations in the form of fees and commissions

Aldar Properties’ Q2 2023 profit jumps 52 to 354m

Aldar Properties’ Q2 2023 profit jumps 52% to Dhs1.3bn

The property giant’s development sales hit a record Dhs11.6bn in the three months to June 30, with 10 new project launches a year to date

ADNOC updates carbon emission target to 2045

UAE’s ADNOC sets ambitious emission target ahead of COP28

The company’s ambitious emissions target makes it the first in its peer group to accelerate its net zero target to 2045

Reconciling human progress with environmental protection byPascal Grante, Chief Executive Officer, Veolia Near and Middle East image Veolia

Insights: Reconciling human progress with environmental protection

The UAE has put environmental protection at the heart of its development agenda for decades; it was the first country in the GCC to sign the Paris Agreement and launch its Net Zero by 2050 Strategic Initiative

nol pay

Dubai’s RTA updates nol Pay app with 4 new features

The official payment platform seeks to improve the transportation experience in Dubai for residents, visitors and tourists

Supermoon

Supermoon in the UAE: Here are places to catch ‘sturgeon moon’ and ‘blue moon’

The night sky in August is a delight for stargazers with two supermoon set to occur after a gap of five years

MASDAR - CITAGLOBAL MALAYSIA Image Masdar

UAE’s Masdar, Citaglobal Berhad to develop clean energy projects in Malaysia

The companies will join hands to develop renewable energy projects in Pahang, Malaysia

Aldar boosts education portfolio investment to $368m

Aldar boosts investment in education portfolio to $368m

The expansion plan includes the establishment of Cranleigh Bahrain and the acquisition of Kent College Dubai and Virginia International Private School in Abu Dhabi

Abu Dhabi DMT announces H1 real estate transactions Image Abu Dhabi DMT

Abu Dhabi real estate sector records over Dhs46.33bn in deals in H1 2023

Al Saadiyat Island topped the list with transactions worth Dhs3bn, with Yas Island coming in at second place with transactions worth Dhs2.6bn

UAE announces petrol, diesel prices for August 2023

UAE announces petrol, diesel prices for August 2023

The fuel price committee increased the price of Super 98 to Dhs3.14 from Dhs3 in July

israel flights

Dubai Airports welcomes first Air Canada flight at DXB Terminal 3: Watch

Air Canada is the fourth international airline to operate out of the terminal

Binance receives MVP licence in Dubai

Binance receives Minimum Viable Product licence from Dubai’s VARA

The Operational MVP licence will allow Binance to offer exchange and broker-dealer services, initially to institutional and qualified retail investors

UAE money laundering prosecution office

UAE approves proposal to establish money laundering prosecution offices

The offices will overlook corporate crimes, bankruptcy, regulation of competition, financial markets, intellectual property and trademarks, and customs evasion crimes

UAE MoF announces penalties for Corporate tax violations -Photo-courtesy WAM

UAE announces penalties for corporate tax violations

Under Cabinet Decision No (75) of 2023, penalties will be imposed on taxable persons who do not comply with the UAE corporate tax law effective from August 1

RTA reveals rider figures for H1 2023 dubai metro Image RTA

Dubai: 337 million commuters used public transport in H1, reports RTA

Dubai Metro ridership on both the Red and Green Lines hit 123.4 million riders, with Burjuman and Union stations accounting for the majority of riders

Road to the future_uae boosts smart mobility

Here’s how UAE is expanding the horizons of smart mobility

Shared mobility, micromobility and autonomous vehicles are set to become mainstream in the coming years, say experts

Sharjah real estate

Sharjah registers real estate transactions worth Dhs549.4m in H1 2023

In Kalba, 98 sales transactions were recorded in 21 regions, totalling Dhs54.1m

Carbon markets

Abu Dhabi firm plans to raise $250m for carbon fund

Carbon markets are witnessing a shift, with new guidelines and greater oversight after a boom in demand

DFM’s H1 2023 profit jumps 77% to Dhs112.2m

Dubai Financial Market reports Dhs112.2m half-year profit, up 77%

The DFM General Index posted impressive growth of 14 per cent, closing at 3,972 points while market capitalisation soared to Dhs652bn

Dubai Chamber

Dubai Chamber to support 100 businesses in global expansion drive

The New Horizons initiative assists in driving the international growth of member companies and will play a vital role in achieving Dubai’s goal of increasing non-oil foreign trade to Dhs2tn by 2026

noon pay

Noon launches noon pay, its peer-to-peer payment system

noon Pay enables individuals to transfer money in the form of noon credits

AD Ports Group boosts cooperation with Shandong Ports Group

UAE’s AD Ports Group boosts cooperation with Shandong Ports Group

Shandong Port will transport passenger vehicles from its ports in China to Autoterminal Khalifa Port, to be stored and displayed within facilities in KEZAD

HONOR pad XR image Honor

UAE: Honor 90 5G, Pad X9 now available, free gifts on offer

From July 17 to October 31, Honor 90 Series users can get a range of exclusive gifts from Honor Game Center, Themes and Game Manager