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Dubai’s Emirates signs agreement with Turespaña to underpin tourism to Spain

The carrier had launched operations to Madrid in 2010 and to Barcelona in 2012

UAE’s Al Khayyat Investments picks Dell Technologies to boost its digital transformation drive

The company plans on incorporating digital-led solutions to transform customer experience across all retail touch points

Dubai Islamic Bank targets growth, scouts out deals

The lender reported its profit jumped 33 per cent in 2021 to Dhs4.4bn

Emirates

Emirates to restart Dubai-Casablanca flights

The airline will resume services on the route starting Tuesday, February 8

UAE reports 2,114 Covid-19 cases, 1,077 recoveries

The nationwide case count has risen to 853,651

Light-1 CubeSat

UAE-Bahrain nanosatellite Light-1 launched from International Space Station

The Light-1 CubeSat is the region’s first scientific mission to monitor and study Terrestrial Gamma-ray Flashes from thunderstorms and lightning

Power Letters 2022: Murshed Al Redaini, group CEO, Yas Holding

UAE-based investment firm Yas Holding – which has diversified operations across several industries including education, agriculture and healthcare – will continue its focus on leveraging technology and innovation to fuel its growth and expansion

Aldar Education Aldar Academies

Abu Dhabi’s Aldar to invest Dhs1bn in education portfolio

It aims to increase the student capacity in Aldar Education’s owned and managed schools to over 40,000 seats by the 2024-2025 academic year

Dubai received 7.28 million overnight visitors in 2021

Hotels in the emirate recorded average occupancy levels of 67 per cent last year

Abu Dhabi-based Yahsat wins Dhs24m contract to build naval satcom systems

Yahsat will design, deliver and integrate advanced satellite communication solutions for Abu Dhabi Ship Building

First Abu Dhabi Bank, Mastercard introduce virtual corporate debit card

The virtual cards can be created for single- or multiple-use

Covid-19 update: UAE reports 2,232 cases, 1,427 recoveries

The nationwide case count has risen to 851,537

Air Arabia

Air Arabia launches new direct flight between Sharjah and Osh in Kyrgyzstan

The twice weekly service will commence from February 20, 2022

The UAE is set to levy corporate tax: Here’s what analysts say

The country plans to introduce a 9 per cent federal tax on corporate earnings for the first time next year

Abu Dhabi’s ADNOC announces discovery of new natural gas resources offshore

Estimates indicate that the reserve of raw gas discovered is between 1.5–2 TSCF

First Abu Dhabi Bank, Etihad and Visa to launch sustainability-linked credit card

The credit card will reward members for making sustainable choices, while providing options to offset emissions for their spending

Mubadala Matsa mining

UAE’s Mubadala and Trafigura complete sale of MATSA mining operation in Spain

The two entities completed completed the sale of 100 per cent stake of MATSA to Australian company Sandfire Resources

UAE intercepts three hostile drones that penetrated country’s airspace on Wednesday

The US is sending its guided missile destroyer warship, the USS Cole, which will make a port call in Abu Dhabi

Emirates Bali

Dubai’s Emirates to restart flights to Nigeria

The airline will operate daily flights to and from Abuja and Lagos

Aldar Properties enters Ras Al Khaimah with Dhs410m acquisition of Al Hamra Mall

Aldar has secured development rights for an extra 11,200 sq m of gross floor area, with an option to acquire an additional 7,400 sq m for retail and commercial use

Dubai adds 1,343 new food outlets in 2021

A total of 76,195 inspections of food establishments were carried out in the emirate last year

UAE reports 2,163 Covid-19 cases, 1,303 recoveries

The nationwide case count has risen to 849,305

UAE jobs

New UAE labour law for private sector goes into effect

The new law covers over 4.9 million private sector employees across the country

Pfizer vaccine children

Dubai opens Pfizer-BioNTech vaccine booking slots for children aged 5-11

Appointments can be booked through the DHA app or via WhatsApp

Arada Sharjah Aljada

Sharjah’s Arada awards Dhs322m construction contract to Kuwaiti contractor

The contract to build eight buildings, comprising a total of 920 homes in Aljada, was awarded to Kuwaiti contractor Mohammed Abdulmohsen Al-Kharafi & Sons

Getty Images

UAE’s Aster, Novartis sign MoU to advance digital transformation, clinical research

The MoU will enable Aster to access Novartis’ advanced therapy platforms and data science to further strengthen treatment outcomes for patients in the UAE

Dubai Financial Market

Dubai Financial Market Company posts Dhs103.8m net profit for 2021, dipping 24.7% y-o-y

Total revenues in 2021 reached Dhs294.6m

dnata amsterdam

UAE’s dnata invests over EUR200m to operate cargo facility at Schiphol airport

The dnata Cargo City Amsterdam is scheduled to become operational in 2024 and will be capable of processing over 850,000 tonnes of cargo annually

Sheikh Mohammed bin Rashid Al Maktoum and Israel’s President Isaac Herzog

Israel’s President Herzog visits Expo 2020 Dubai, meets Sheikh Mohammed bin Rashid

The President visited the Expo as part of an official visit to the UAE

Dubai’s Emirates NBD’s net profit rises by 34 per cent to Dhs9.3bn in 2021

The bank’s total income was Dhs23.8bn, a 3 per cent rise over the previous year