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EDB launches supply chain financing for SMEs

EDB, Trade Capital partner to launch supply chain financing for SMEs

The MoU will see the creation of a working group to discuss new ways of delivering supply chain financing to small and medium enterprises in the UAE

UAE President Sheikh Mohamed in Ethiopia

UAE President Sheikh Mohamed in Ethiopia, meets PM Abiy Ahmed

The two leaders issued a joint statement on climate action as well as signed bilateral agreements on renewable energy and enhancing trade linkages

Abu Dhabi issues warning against fake currency dealers

Abu Dhabi warns residents, tourists against fake currency dealers

The department urged the public to always use authorised money exchange houses or banks to exchange foreign currency

Abu Dhabi

Abu Dhabi’s KBBO said to get creditor approval for debt revamp

The case marks one of the first instances of a large conglomerate using the UAE federal bankruptcy regime to restructure its business

ADNOC Gas signs multi-million dollar LNG supply deal with Japex

ADNOC Gas signs multi-million dollar LNG supply deal with Japex

The LNG supply deal is valued at between $450m to $550m and builds on the bilateral relationship between the UAE and Japan

emirates flights

Emirates, Air Canada expand codeshare partnership to Montréal flights

The codeshare partnership between Emirates and Air Canada will allow travellers to enjoy seamless connections to various Canadian destinations

Sultan AlNeyadi

Sultan AlNeyadi to begin his return to Earth soon, NASA announces date

Sultan AlNeyadi will be brought back aboard the SpaceX Dragon spacecraft which recently docked at the ISS

Guy Hutchinson to step down as CEO of Rotana (Image: Supplied by Rotana)

Guy Hutchinson to step down as CEO and president of Rotana

After nearly a decade at the Abu Dhabi-headquartered hotel management company, he will be leaving the group in early 2024

weekend

Sharjah introduces rules regulating mosques, Islamic activities

The decision includes legal articles related to regulating the construction, modification and maintenance of mosques

Emirates and Philippine Airlines strengthen interline partnership (Image: Supplied by Emirates)

Emirates and Philippine Airlines strengthen interline partnership

Emirates passengers can now access domestic points in the Philippine Airlines network via Cebu and Clark

Dubai Airport peak travel dates

Returning to Dubai Airport on Aug 26-27? Tips to clear passport control quickly

Dubai Airports is working closely with airlines, customs authorities, and service partners to ensure a seamless airport journey for guests

DWTC’s hospitality arm reports 32% growth in H1 2023

DWTC’s hospitality arm reports 32% growth in H1 2023

The first half of 2023 witnessed the team’s service at 1,166 events, including royal weddings

Dubai business

Dubai trumps Lisbon as top destination for globetrotting executives: Report

The findings were based on research conducted by real estate broker Savills, which ranked 20 prime residential markets by their appeal to long-term remote workers

VARA fines OPNX

Dubai’s VARA fines Three Arrows founders over OPNX crypto project

VARA became aware in February that OPNX was soliciting customers for its platform and collecting personal data

DEWA selects ACWA Power for Dubai water project

DEWA picks ACWA Power to build Hassyan water desalination plant

The $914m (Dhs3.36bn) Independent Water Producer project has a projected capacity of 180 million imperial gallons per day

Agthia Group is fostering UAE’s food security strategy

Exclusive: Alan Smith on Agthia Group’s growth and food security strategy

The group’s CEO explains how they are setting an example for the industry, contributing to UAE’s food security strategy

BEEAH Tandeef to roll out AI City Vision

Artificial intelligence harnessed for waste management with BEEAH’s AI City Vision

The waste management service provider to roll out AI City Vision as a dedicated service to its clients

Astra Tech unveils new Botim debit card

Astra Tech debuts new Botim prepaid debit card

The prepaid debit card is accepted in more than 200 countries and offers UAE dirham and the US dollar

Dubai universities

Dubai universities roll out programmes in AI, drones, genetics, gaming

Dubai International Academic City and Dubai Knowledge Park aim to equip students with future-proof skills during the 2023-24 academic year

IHG's Vignette Collection enters UAE, Kuwait (Image: Supplied by IHG Hotels and Resorts)

Vignette Collection brand enters UAE, Kuwait

Th8 Palm Dubai Beach Resort, Vignette Collection and Vignette Collection in Kuwait City will be operated by United Hospitality Management

New Abu Dhabi industrial licences surge 16.6% in H1 2023

New Abu Dhabi industrial licences surge 16.6% in H1 2023

Capital investments by manufacturers operating in the emirate grew by Dhs12.4bn to Dhs384.1bn over the same period

Roya enters Dubai luxury property market

Roya Lifestyle Developments forays into Dubai’s property market

The property developer aims to redefine contemporary living by offering unparalleled luxury in the heart of the city

artificial intelligence and Web3 licences

Dubai’s DIFC to issue artificial intelligence and Web3 licences

The Dubai AI and Web 3.0 Campus is a dedicated campus for AI and Web3 innovation and will provide physical and digital infrastructure within the DIFC Innovation One new premises

UAE leaders wish India on its independence Day

UAE leaders wish India as it marks its 77th Independence Day

The UAE President Sheikh Mohamed bin Zayed extended his wishes to India’s President Droupadi Murmu

Emirates to ramp up flights to London Heathrow

Emirates to scale up London Heathrow flights

The national carrier currently serves London Heathrow with six daily A380 flights

Etihad Rail

Oman-Etihad Rail invites applicants for freight facilities works; 7 facts about the JV

The GCC railway project will include a line connecting Oman’s Suhar to UAE capital Abu Dhabi

RTA free digital parking

Dubai: RTA announces free digital parking permits for senior Emiratis, people of determination

The smart parking permit enables users to add five vehicles

AD Ports Group Q2 revenue surges by 66% to Dhs2.1bn

AD Ports Group Q2 revenue surges by 66% to Dhs2.1bn

The group’s net profit increased by 3 per cent year-on-year to Dhs310m in Q2 2023

Shuaa Capital

Shuaa Capital’s top investors are exploring sale

The firm’s market capitalisation exceeds Dhs1bn ($272m) and it has close to $5bn in assets under management

India school GCC

India supports community initiatives for new schools in GCC

Within the GCC, the largest number of Indian schools are in the UAE