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UAE citizens can enjoy visa-free travel to Azerbaijan Image credit Ayhan Altun_GettyImages-993085120

UAE nationals can now enjoy visa-free travel to Azerbaijan

The agreement, enabling visa-free travel for UAE, Azerbaijani citizens between both countries, allows stays of up to 90 days

RTA announces expected traffic delays on key roads from July 9-23 in Bur Dubai image RTA twitter

Dubai: Traffic delays expected on this key road for two weeks

The delay can be expected until 5am on Sunday, July 23

Diversity, equity and inclusion

Diversity, equity and inclusion: Taking the right steps

According to research, companies with more diverse management teams had higher levels of performance and innovation

Stefano Martinelli, GCC Retail Director, Amazon talks about Prime Day and its highlights image Amazon

Amazon GCC’s Stefano Martinelli on Prime Day and its highlights

Amazon GCC’s retail director tells us about the ecommerce giant’s strategy for Prime Day this year

Dubai tourism numbers for H1 2023

Dubai real estate market is world’s busiest for luxury properties over $10m

The city’s real estate sector emerged as the world’s busiest market for luxury properties, surpassing Hong Kong and New York

Dubai Police Launches Awareness Campaign on Amended Traffic Law Image Dubai Media Office

Dubai Police launches awareness campaign for recently amended traffic law

The newly launched campaign will run over seven weeks

climate

UAE records 49.1 degrees C temperature: NCM

The mercury edged close to 50 degrees C in the Al Dhafra region of the country

RTA adds nex exit at AL Seba Street at Dubai marina Image RTA

Dubai Marina: RTA adds extra exit to ease traffic flow at Al Seba Street

With the new exit, the total capacity of exit lanes from Dubai Marina via Al Seba Street will rise from 900 to 2,400 vehicles per hour, marking a sharp increase of over 266 per cent

gym

Dubai gyms to be star-rated announces Dubai Sports Council

The evaluation system for gyms and fitness centres in the emirate will be denoted through star-ratings

FIVE Jumeirah Village (Image: Supplied by FIVE Hotels and Resorts)

FIVE obtained 100 per cent renewable electricity for Dubai hotels in 2022

It has become the first hotel operator in the UAE to receive International Renewable Energy Certificates

Abu Dhabi Grand Prix

2024 Abu Dhabi Grand Prix dates revealed

The official announcement from Formula One Management confirmed that the Abu Dhabi track will host the final race of the season

Abu Dhabi’s ADQ, Canada’s BMO to acquire minority stakes in Sagard

ADQ, Canada’s Bank of Montreal to acquire minority stakes in Sagard

The transaction is expected to close in the third quarter, subject to regulatory approvals

EDGE expands portfolio with acquisition of Oryxlabs

EDGE expands portfolio with acquisition of Oryxlabs

The acquisition is expected to elevate the defence group’s portfolio of advanced technology solutions

shuaa

Dubai’s Shuaa bolsters investment bank with Credit Suisse hires

The latest round of hiring at Shuaa Capital comes amid a flurry of capital markets activity in the Middle East

DIFC aims to attract 50 hedge funds to Dubai photo courtesy Dubai Media Office twitter

US hedge fund Verition chooses DIFC for global expansion

Verition manages approximately $7.3bn across its strategies, with over 400 employees globally

RAKEZ signs MoU with Manufacturers’ Association of Israel

UAE’s RAKEZ signs MoU with Manufacturers’ Association of Israel

The economic freezone seeks to provide an adaptive and supportive ecosystem for investors looking to expand their horizons and businesses

AMAZON.AE PRIME DAY offers for Prime Members Image Amazon

Prime Day deals: Amazon UAE reveals exclusive offers for Prime members on July 11-12

Prime members in the UAE can avail of free international shipping from Amazon US and UK via the Amazon.ae Global Store, with no minimum purchase during Prime Day

abu dhabi

Abu Dhabi Customs launches new corporate identity

The new identity is in line with the custom authority’s aim of consolidating its position as a world-class clearance department

jobs in UAE, Saudi Arabia

Deadline for companies to meet Emiratisation targets on July 7

The deadline was extended from June 30 to July 7 to give companies more time to reach their targets

Dubai traffic flexible or remote work

Dubai introduces stricter traffic laws, announces fines of up to Dhs100,000

Under the amended traffic laws, Dubai Police can seize a vehicle if it has clocked up more than Dhs6,000 in traffic fines

MBZUAI etihad Airways sign Mou

Etihad Airways, MBZUAI to leverage AI to enhance UAE’s aviation industry

The MoU will create training opportunities for MBZUAI students to advance their understanding of the aviation industry while using AI to address challenges

Dubai SME members awarded Dhs1.12bn in contracts in 2022 Image credit GettyImages-1214946297-e1682524082437

Dubai SME members receive Dhs1.12bn in contracts in 2022

The contribution of Dubai government bodies was worth Dhs552.51m, while federal government entities granted contracts worth Dhs88.2m

UAE attracts foreign direct investment of $23bn in 2022

UAE attracts foreign direct investment of $23bn in 2022

The country remains the leading recipient of global FDI in the GCC, attracting 61 per cent of all foreign investments into the region last year

DMCC welcomes over 1,400 companies in H! 2023 uptown & jlt Image DMCC

Dubai’s DMCC welcomes 1,456 companies in H1 2023

DMCC is now home to more than 23,000 member companies from across the world

Samsung and FRAME tap local creators for Galaxy Z Flip4 accessories inspired by UAE cultureSamsung and FRAME tap local creators for Galaxy Z Flip4 accessories inspired by UAE culture image credit Samsung and Frame

Samsung, FRAME unveil Galaxy Z Flip4 accessories inspired by UAE culture, created by local artists

The creations launched at Al Shindaga Museum in collaboration with Dubai Culture are available for purchase online until the end of July

real estate

Dubai’s real estate market reports double-digit surge in June

The emirate’s real estate market has posted its strongest performance for the month of June in a decade

central bank outlines measures to alleviate burden of residential property loans for UAE nationals Image courtesy CBUAE

UAE issues measures to address impact of rising interest rates on property loans for citizens

The notice was issued following approval from the Central Bank of UAE’s board of directors, with the measures coming into effect from July 1

Emirates begins flights to Montreal (Image: Supplied by Emirates)

Emirates commences daily service to Montréal

The airline’s North American network now stands at 14 destinations

ramadan moon

Hijri New Year 2023 holiday in UAE: Will we get a long weekend in July?

The Hijri New Year signifies the start of a new lunar year for Muslims around the world

BARAKAH

Barakah One completes refinancing of Barakah plant

The KEXIM loan facilities were refinanced through a competitive market process resulting in the selection of two banks, ADCB and FAB