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UAE

Dubai’s Emirates launches new Auckland service via Bali

The flight will provide the only ‘year-round non-stop daily service’ between Auckland and Bali

Dubai’s DP World will not consider settlement with Djibouti over port

The Dubai-based port operator says it will continue legal proceedings to retake control of the Doraleh port

Saudi-led coalition captures Hodeidah airport

Technical teams are now de-mining the area

UAE to give Ethiopia $3bn in aid and investments

The Emirates will deposit $1bn in Ethiopia’s central bank to ease a severe foreign currency shortage

UAE, Saudi confirm start of Eid Al Fitr

Friday, June 15, has been declared as the first day of Eid Al Fitr

Eid Al Fitr moon sighted in UAE’s Jebel Hafeet – reports

The crescent was spotted using the technique of astronomical imaging

Abu Dhabi’s Etihad Airways reports $1.52bn loss for 2017

The airline’s revenue rose 1.9 per cent to $6.1bn and it carried 18.6 million passengers last year

Emirates to offer passengers free ice cream at Dubai airport

The service will be offered at the Terminal 3 departure and transit areas from June 15 to August 31

Different Arab money

UAE, Saudi central banks hike repo rates

The move came after the US Federal Reserve raised its target range for the federal funds interest rate by a quarter point

UAE’s Abraaj sells entire stake in Orascom Construction

The company sold its 5.4 per cent stake for about $52m

UAE announces death of four soldiers in Yemen

The servicemen were killed while performing their duties as part of the Saudi-led Arab Coalition in Yemen

Etihad Airways in talks to cancel, defer Boeing 777X orders – sources

Etihad is a launch customer of the 777X and had placed an order for 25 jets

UAE announces new visa rules for residents, jobseekers and tourists

The UAE Cabinet has also added an insurance scheme in place of bank guarantees when recruiting private sector workers

Saudi and UAE announce five-point plan for relief in Yemen’s Hodeidah

The two countries aim to establish a shipping lane to Hodeidah from Abu Dhabi and Jizan

The UAE’s new arbitration law: How will it impact investors?

The new federal arbitration law takes effect on June 16

Saudi-led coalition launches biggest assault of Yemen war

The attack on Hodeidah is the first time since 2015 that the coalition has attempted to capture such a well-defended major city

Dubai offers tourism pass discount

The Dubai Pass allows tourists to visit key attractions for a fixed price

Abu Dhabi to allow alcohol sales during Islamic holidays

The emirate is also introducing a 30 per cent alcohol tax in stores

Dubai’s financial centre to welcome ‘grand mosque’ in 2019

The wider Gate Avenue project was expected to open in the first half of 2018

Emirates to operate 24 extra flights to Jeddah for Umrah season

The additional services can be accessed by travellers holding a valid Umrah visa

Abu Dhabi’s Mubadala to launch $400m European tech fund

Japan’s Softbank Group will participate in the fund as a strategic investor

Abu Dhabi to more than double expat rent tax for some tenants

The increase will mean a significant increase in monthly bills for tenants

Dubai cryptocurrency exchange becomes region’s first to get sandbox licence

Palmex received the licence from the Central Bank of Bahrain

Abu Dhabi to introduce 30% alcohol tax

It was unclear if there would be an impact on prices in bars and restaurants the emirate

Abu Dhabi cuts tourism and municipality fees at hotels

The move is hoped to boost the tourism sector in the emirate

Creditor starts legal proceedings for Abraaj restructuring

Auctus is the second creditor, after Kuwait’s Public Institution for Social Security, to start legal action in the Cayman Islands

UAE announces Eid holiday for private sector

A private sector holiday has been declared for the coming weekend

Eid holidays announced for Dubai schools

All schools in Dubai will remain closed for Eid Al Fitr from Thursday, June 14 until Sunday, June 17

Du to offer free wifi across the UAE for Eid

Higher speed free wifi will be available from June 12-18

Abu Dhabi’s Al Ghazal Golf Club to add skate park, shooting range

A refurbishment is intended to transform the emirate’s only sand golf course into a recreational sports hub