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5.5G

The reality of 5.5G technology: A game-changer in telecommunications

Huawei and Du signed a Memorandum of Understanding (MoU) to boost 5G-Advanced (5G-A) technology in the UAE

Etihad Airways carries 14 million passengers in 2023

Etihad Airways witnesses 40% yearly surge in passenger traffic

The airline reported a 2023 net profit of Dhs525m and a previously unreported 2022 net profit of Dhs92m

RED SEA - YEMEN COAST

Tesla to Qatar Energy: How companies are responding to Red Sea tensions

From impacting the cost of freight to the cost of energy, tensions in the Red Sea are having a direct impact on global trade

How ADNOC generated $500m in extra value from AI solutions

How ADNOC generated $500m in extra value from AI solutions

The oil firm’s use of AI technologies abated up to one million tonnes of carbon dioxide emissions between 2022 and 2023

Instagram , Facebook

Facebook, Instagram down for thousands in the UAE

The tracker’s UAE website showed over three thousand reports for Instagram and over six thousand reports for Facebook

RTA has inaugurated a new signalised junction at Al Majasimi intersection and Al Wasl Road, situated between Umm Suqeim Street and Al Thanya Street. Image RTA X

Dubai: Al Majasimi-Al Wasl Road upgrade to ease traffic

The widening of Al Majasimi Street from one lane to two lanes in each direction has doubled the road’s capacity to accommodate 1,200 to 2,400 cars both ways per hour

Emaar’s Dubai Mall welcomes 105 million visitors in 2023

Dubai Mall becomes most visited place in 2023, with 105 million visitors

The latest figures from Emaar Malls shows that a record 20 million people visited the mall in the first two months of this year alone

World gold council and DMCC sign agreement to advance UAE's gold sector Image Getty Images

World Gold Council, DMCC tie-up brightens UAE’s status as key hub

The partnership coincides with the official opening of WGC’s new office in Dubai, establishing its regional headquarters for the Middle East

Aramex rolls out e-bikes, electrifies last mile delivery Image supplied

UAE: Aramex electrifies last-mile delivery with new e-bike fleet

The move comes after Aramex successfully launched electric vans in the UAE last year and Jordan in 2017

Dubai’s Parkin seeks to raise up to $429m from IPO

Dubai’s Parkin sets IPO price range of up to Dhs2.1 per share

The company will offer around 25 per cent stake, in the emirate’s first privatisation deal this year, giving it an overall valuation of up to Dhs6.3bn

UAE RAIN

Heavy rains to lash UAE: NCM weather forecast

The weather authority cautioned motorists to venture out only if necessary during wet weather as well as follow safety practices

Italy Trade Commissioner

Italian Trade Commissioner on why the UAE loves ‘Made in Italy’

Highlighting the positive trends in the market, Soldani underscores the opportunities for trade and cooperation between the two countries

e& allots $6bn to boost connectivity in 16 markets

UAE’s e& to invest $6bn to advance connectivity in 16 countries

The group is set to reinvest in building networks of the future to accelerate technology adoption and increase fibre penetration and fast mobile network speeds

Ramadan working hours

Private sector working hours announced for Ramadan 2024

According to the notification, working hours for the private sector have been curtailed by two hours on a daily basis

UAE - Ramadan 2024

Ramadan 2024: UAE announces reduced working hours for the holy month

According to the government circular, ministries and federal entities will adhere to a specific schedule during Ramadan

Hedge fund. - Sanjay Shah

British trader gets 8 years in prison in Sanjay Shah’s Danish tax fraud case

The case sets the stage for the upcoming trial of British hedge fund trader Sanjay Shah, the main suspect in the “cum-ex” trading scheme

Oil hovers near 3-week high on Middle East tensions

OPEC+ producers extend oil output cuts to second quarter

The oil demand outlook is uncertain for this year but OPEC expects another year of relatively strong demand growth of 2.25 million bpd

Etihad Rail and ADNOC to launch passenger train service in Abu Dhabi Image courtesy Etihad Rail

PHOTOS: Taking a ride on Etihad Rail with top UAE officials

Take a look at an Etihad Rail train trip from Abu Dhabi to Dubai that included the CEO of Etihad Rail, Shadi Malak, along with Major General Sheikh Ahmed bin Tahnoun Al Nahyan.

Naming rights for Emarat fuel stations up for grabs in UAE

Brands can now secure naming rights to Emarat fuel service stations across the UAE

UAE WEATHER

Thunderstorms, heavy rain to impact UAE from Monday

The UAE’s NCM has warned of rainfall, lightning and thunder expected on Monday and Tuesday across various parts of the Emirates

Geopolitical tensions to complicate WTO deal-making in Abu Dhabi

4 key outcomes from WTO negotiations in Abu Dhabi

Talks ended at the WTO Abu Dhabi meeting after five days of negotiations which didn’t see breakthroughs on key topics

ADNOC closes acquisition of 24.9% stake in OMV

ADNOC buys 25% stake in 68-year-old Austrian chemical group

The company said it intends to nominate two representatives to the OMV supervisory board

Dubai E-scooters

E-scooters banned on Dubai metro but foldable bicycles still allowed

Dubai’s Roads and Transport Authority (RTA) will ban the use of e-scooters inside the city’s metro and tram system as of today, 1 March 2024.

Masdar takes 49% stake in British offshore wind farm

UAE’s Masdar acquires 49% stake in British offshore wind farm

Construction of the mega-facility could start in late 2025, with the first 800 megawatts (MW) of electricity expected to come online by 2029

WTO

Tough negotiations at WTO meet amid digital trade impasse

The scheduled announcement of a final agreement after four days of intergovernmental talks between the WTO’s 164 members was pushed back for a fifth day until 2pm on Friday in Abu Dhabi

Sir Tim Clark warns: Boeing under intense pressure amid incidents

At an event in London, Sir Tim Clark warned that Boeing management is under “really acute” pressure to turn things around

From the 146th floor to the racing track: AIX’s drive to elevate impact

AIX has become one of the big-name investment advisory firms here where GCC and global investors turn to invest their wealth

UAE announces fuel prices for March 2024

UAE hikes petrol, diesel prices for March 2024

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 16 fils per litre in March

Meet Rizwan Sajan: Danube’s famous 1% Man

As a real estate mogul, Sajan continues to shape the skyline of Dubai, contributing to the city’s growth and development

FAB targets Dhs300 million in revenue from China by 2026

Abu Dhabi’s FAB to triple revenue from China operations by 2026

The bank opened its fully licenced branch in mainland China in 2022 and grew its business there by 50 per cent in 2023