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Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure shared details of the national policy on biofuels WAM

UAE reveals details of National Policy on Biofuels

The National Policy on Biofuels will help achieve the objectives of the UAE Energy Strategy 2050

Cycling race - ROAD CLOSURE

Dubai road closure alert: Nad Al Sheba Cycling Race 2024 to shut down key routes

The RTA has advised Dubai residents to plan trips in advance and use alternative routes to avoid the road closures

general counsel's evolving role in business

Legal to leader: How has a general counsel’s role evolved in the digital age

Today’s business realities in the Middle East need a general counsel that helps craft strategy, devises tactics to overcome challenges, and activates resources to protect their firm

Dubai sets up environment, climate change authority

Sheikh Mohammed establishes Dubai’s climate change authority

The new initiative, which is aligned with D33, seeks to raise the contribution of the circular and green economy to Dubai’s GDP

Cloud seeding in the UAE AL AIN, UNITED ARAB EMIRATES - JANUARY 31: Ground engineers restocking one of the UAE's National Center of Meteorology cloud-seeding planes with new Hygroscopic salt flares on January 31, 2024 in Al Ain, United Arab Emirates. Cloud seeding is a weather modification technique that employs chemicals to stimulate the formation of ice crystals or raindrops within clouds. Although cloud seeding has been in use since 1947, its significance has grown, particularly for arid regions like the UAE. The country, with its own National Center of Meteorology and Seismology deploying planes for cloud seeding, has invested in the technology as an immediate solution to address challenges related to water scarcity. (Photo by Andrea DiCenzo/Getty Images)

Key cloud-seeding project kicks-off in Abu Dhabi

This project aligns with UAEREP’s mission to foster capacity building and knowledge exchange within the rain enhancement science research community

Abu Dhabi’s IHC mulls listing holding firm 2PointZero

Abu Dhabi’s IHC mulls listing holding firm 2PointZero, says CEO

The newly created holding firm with assets worth $27bn (Dhs100bn) is set to go to the market “sometime next year”

EGA to acquire recycled aluminium producer Leichtmetall

UAE’s EGA to acquire German recycled aluminium firm Leichtmetall

The deal, which is the aluminium producer’s first major acquisition since its formation in 2014, is expected to close during the first half of 2024

Lulu Hypermarket

LuLu Group’s potential Abu Dhabi IPO could top $2bn

LuLu’s potential IPO is poised to be among the most notable listings in the Gulf region this year

Parkin IPO pops 35% on debut Dubai listing

By the end of Thursday, Parkin’s share price soared to Dhs2.84, putting the company’s market capitalisation at Dhs8.5bn

Schengen visa application

Visa-free travel to Schengen countries soon? GCC-EU talks see progress

Representatives of the GCC and EU meet in Belgium to discuss the visa-waiver programme

Dubai private school students holiday

Spring break and Eid holidays: When will schools close?

Private schools following the September academic year will commence their Spring Break on March 25, with classes resuming on April 15

ADX, Eureeca partner to expand IPOs globally

ADX, Eureeca join forces to expand global investor access to IPOs

The initiative is expected to tap into the growing interest from regional and global retail investors, and high net-worth individuals

No surprises as UAE central bank leaves rates at 5.40%

The UAE decision follows the US Federal Reserve’s decision on Wednesday to keep interest rates unchanged amid inflation having not adequately lowered

Unemployment insurance scheme_MOHRE

More than 7 million workers sign up for UAE’s unemployment insurance

The unemployment insurance was rolled out in January 2023 and is mandatory for all employees

Egypt

Egypt’s credit outlook upgraded to positive by S&P amidst foreign investments

Egypt’s commitment to exchange rate liberalisation combined with budgetary consolidation targets are crucial for boosting international confidence

OPEC projection for 2024 energy demand - oil

Morgan Stanley expects oil prices to climb to $90 per barrel by summer 2024

Morgan Stanley expects oil demand to grow at 1.5 million bpd this year which is slightly above the historical trend growth

UAE: Heavy rains, strong winds to lash parts of the country

UAE weather: Rain, strong winds to lash parts of the country from Sunday

Motorists are urged to exercise caution and be aware of changing weather conditions

DFM owner Borse Dubai slashes stake in Nasdaq

Shares of Nasdaq fell more than 2 per cent at one point amid news that its biggest shareholder, Borse Dubai, is cutting its stake

Koutoubia Mosque in Marrakesh, Morocco

UAE residents now eligible for Morocco eVisa: How to apply

The change in application channels comes with reduced processing times as well

AHS Properties CEO Abbas sajwani Image Motivate Media Group

‘Location sets the stage for luxury living’, says AHS Properties’ Abbas Sajwani

Keen to step outside the box and reimagine the expected, entrepreneur and AHS Properties CEO Abbas Sajwani is not just selling dream homes – he’s redefining the landscape of luxury living

ADNOC signs 15-year LNG supply deal with SEFE

ADNOC signs 15-year LNG supply deal with Germany’s SEFE

ADNOC has sharpened its focus on natural gas, seeing it as a transition fuel, as the world tries to curb planet-warming emissions

Amazon boxes

Ramadan with Amazon: A behind-the-scenes look

The heightened demand comes alongside expectations of speed, convenience, and reliability

UAE LABOUR MOHRE HEALTH INSURANCE

UAE Cabinet meet: Mandatory health insurance for private employees soon

Sheikh Mohammed chaired the Cabinet meeting which approves key decisions on enhancing the UAE’s labour market competitiveness

UAE and US non-oil trade hits $31.4bn in 2023 photo courtesy-WAM

UAE-US non-oil trade hits $31.4bn in 2023

The substantial trade volume and ongoing collaboration between the UAE and the US reflect a deep-rooted partnership built on mutual interests and shared objectives

Ramadan in the UAE

10 things to know about Ramadan etiquette in the UAE

With its rich history and traditions, Ramadan in the UAE offers a unique and culturally enlightening experience, for all

du

UAE’s du eyes fintech push with new central bank licences

Emirates Integrated Telecommunications Company PJSC (EITC), which operates du, plans to introduce digital financial solutions into the local market

hijri islamic new year

Eid Al Fitr 2024 likely date predicted by UAE astronomers

According to the latest calculations based on the Islamic astronomical calendar, the month of Ramadan is expected to be a 30-day one

UAE banks set for another year of record growth

UAE banking sector assets hit record Dhs4.1tn in 2023

Total deposits of resident and non-resident customers with UAE banks rose by 13.5 per cent YoY to reach Dhs2.5tn

Nobu Residences Abu Dhabi_Penthouse Villa Terrace

Abu Dhabi’s most expensive penthouse is sold, here’s what it cost

The unit sets a new benchmark for price per square metre at more than Dhs96,000 per square metre and is the most expensive apartment ever sold in Abu Dhabi

Israel’s NewMed says BP, ADNOC offer on hold

BP and ADNOC made their offer a year ago, with an aim to access the gas-rich areas in the Eastern Mediterranean