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etihad rail

Etihad Rail shows how it links key transport hubs across seven emirates: Watch

The rail network stretches across the UAE, connecting Fujairah in the east to Al Ghuwaifat in the west

Masdar ceo on green bonds

Masdar plans first green bonds sale ‘within weeks’

The green bonds sale will help fund an effort to boost renewable energy generation capacity five-fold by the end of the decade

Zayed Naional Museum announces Dhs1m fund to support reseacrh into UAE culture Image DCT Abu Dhabi Zayed National Museum

New Dhs1m research fund launched, supports study of UAE history, culture

Applications will be reviewed by a panel compromising representatives from Zayed National Museum and the Department of Culture and Tourism – Abu Dhabi

Abu Dhabi gaining appeal among global HNWIs GettyImages-665435021

Abu Dhabi real estate gaining popularity among global HNWIs: Knight Frank

According to Knight Frank’s survey, 45 per cent of global HNWIs indicated that the emirate’s development plans enhanced its appeal as an investment destination

DEWA transmission substations

DEWA invests $151m in 6 new 132/11 kV transmission substations

The project included 3,450 metres of 132kV ground cable to connect with the main transmission network

Image Courtesy: Salik Twitter

Dubai’s Salik warns investors against ‘high-return’ scams on social media

The toll operator has advised the public to exercise caution and vigilance when being targeted by such offers

Emiratisation

Deadline extended for companies to meet Emiratisation targets

Non-compliant companies will face Dhs42,000 fine for each Emirati not employed, based on the 1 per cent semi-annual Emiratisation growth requirement

Ecity - Cartlow sign agreement Image credit Cartlow

Cartlow, E-City launch sustainable device subscription programme

The initiative provides customers with affordable and convenient options to prolong the life cycle of their devices and reduce electronic waste

JEPLAN and Rebound to collborate Image credit Rebound

UAE’s Rebound, JEPLAN to jointly explore set-up of recycle PET market in the UAE

Through a joint study, the companies will seek the participation of partner companies in the UAE to establish a supply chain for recycled PET in the UAE

UAE-India CEPA talks

UAE-India CEPA impact: Bilateral non-oil trade reaches $50.5bn

The CEPA came into effect on May 1, 2022, and was the UAE’s first-ever bilateral trade deal

UAE seeks to bolster economic, investment ties with South Korea

UAE seeks to bolster economic, investment ties with South Korea

The two countries agreed on new plans in the field of entrepreneurship, including programs and facilities to foster startup growth

NymCard acquires BNPL firm Spotii

NymCard acquires Middle East BNPL firm Spotii

The integrated platform will serve both B2C and B2B markets seamlessly, enabling instant instalment options

UAE-UKRAINE TALKS

UAE delegation led by Mariam bint Mohammed Almheiri meets Ukraine’s president

The UAE’s Minister of Climate Change and Environment is leading a diplomatic delegation on an official visit to Ukraine

B Store launched by AstraTech Image Astra tech

Now pay for groceries using facial recognition at Astra Tech’s new B Store

Astra Tech has launched its first autonomous shopping store in Abu Dhabi’s Sky Tower, which operates solely using artificial intelligence

Ukraine seeks UAE support.

Ukraine counts on UAE wealth funds to build its economy

Ukraine presented its economic transformation strategy and invited UAE funds to participate in the development of its wealth fund

Eid al Fitr

UAE announces Eid Al Adha holidays

Residents can expect either five or six days holiday, depending on the sighting of the Moon

unit-4-of-barakah-nuclear-energy-plant Image ENEC

Unit 4 of UAE’s Barakah nuclear plant begins ops readiness prep

Barakah’s three commercially operating units are already generating more than 30TWh of zero-emission electricity all year round

UAE bank investments

UAE bank investments hit a record $149.3bn in March

Month over month, bank investments jumped 1.3 per cent from Dhs541.4bn in February

Cost of living drives up expenses for expats

Has cost of living gone up for expats in Dubai, Abu Dhabi?

A recent report on world’s most expensive cities for international employees shows the emirate go up the ranks as the cost of living has gone up

KEZAD, Tubacex production facility

KEZAD, Tubacex to build OCTG-CRA production facility in Abu Dhabi

The facility will enable Tubacex to establish a strong presence in the UAE while reaching out to its global network of clients

The suites are located on the upper floors of the hotel (Image: Supplied by Conrad Dubai)

Conrad Dubai introduces residential suites

Each of its 22 one-bedroom units is spread across 100 sqm, and its residents can access the hotel’s leisure and business amenities

Burjeel to launch neurological institute with Northwell Health Image credit Burjeel Holdings

UAE’s Burjeel, US-based Northwell Health to launch neuroscience institute in UAE

The neuroscience institute will be located at Burjeel Medical City in Abu Dhabi

Brookfield eyes $28bn Network International deal

Canada’s Brookfield acquires Network International for $2.8bn

The investment firm reached a deal to pay 400 pence per share in cash, which represents a premium of about 64 per cent to Network’s closing price on April 12

mohre emiratisation deadline

21 days left for UAE businesses to meet mid-year Emiratisation target or face fines

A federal law aims to raise Emiratisation rates by two per cent annually to reach 10 per cent by the end of 2026

Dubai airport is world's noumber one.

Dubai Airports closes arrivals forecourt for private cars at DXB Terminal 1

The change has been made to reduce vehicle congestion as Dubai Airports handles an increase in overall passenger traffic

Desolenator

Silal partners with Desolenator on agricultural solar-powered desalination project

The project aims to contribute to the decarbonisation of food production in desert climates by significantly lowering the carbon footprint of the desalination process

UAE refutes fourwork week reports

UAE FAHR says four-day workweek rumours are ‘not true’

The authority urged the public to verify the accuracy of the information and take such news from the UAE’s official sources

CAFU

CAFU starts recruitment drive to hire tech talent

The company has over 100 positions, spanning a wide spectrum of expertise, from engineers and product designers to software developers

Dubai centre for artificial intelligence

Sheikh Hamdan launches Dubai Centre for Artificial Intelligence

The Dubai Centre for AI aims to train 1,000 government employees from over 30 government entities on the uses of generative artificial intelligence

UAE and Cambodia CEPA deal

UAE signs bilateral trade deal with Cambodia

The agreement with Cambodia will reduce or remove tariffs, eliminate barriers to trade and create new avenues for strategic investment