#News

Qatar Airways GCEO unveils vision for future

Qatar Airways GCEO unveils vision for airline’s future, marks it as a ‘new era’

The cornerstone of Qatar Airways’ strategic roadmap is the introduction of new first-class cabins, a move aimed at meeting the high demand for premium travel experiences

DIFC enacts comprehensive digital assets law Image-DIFC

Dubai’s DIFC enacts world’s first comprehensive digital assets law

The new legislation came into effect on March 8 and is available for public access through the DIFC’s Legislative Database

Abu Dhabi greenlights Dhs66bn development blitz in 2024 Image Ab Dhabi Media Office

Abu Dhabi green-lights Dhs66bn development drive in 2024

Marking a significant focus on bolstering the housing sector, over Dhs59bn has been earmarked for the development of housing and public facilities throughout Abu Dhabi

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

Sharjah to connect to Etihad Rail network with new station

The Sharjah passenger station will be strategically located near Sharjah University City

Air Arabia announces record net profit for first nine months of 2023 image supplied.

Air Arabia profits jump 27% on passenger, network growth

Air Arabia transported 16.7 million passengers, a 31 per cent growth over 2022, which saw 12.8 million passengers travel with the airline

American University of Sharjah, Sui join forces to launch blockchain academy Getty Images for illustrative purposes

American University of Sharjah, Sui join forces to launch blockchain academy

Sui has also established a Web3 programme at the Wheeler Institute for Business and Development at London Business School

UAE Weather alerts issued image GB

UAE weather: Safety alerts issued in Dubai, Abu Dhabi on Monday

The National Centre of Meteorology has issued weather warnings until February 13, with hail, thunder, lightning, rainfall and high winds expected throughout Monday

Dubai launches world's first sustainable mobile floating fire station

Dubai launches world’s first sustainable mobile floating fire station

The station boasts a notable speed of 11 miles per hour, allowing it to swiftly reach incident locations

Dubatt unveils first fully integrated battery recycling plant_Image_Dubai Media Office

UAE’s first battery recycling plant to power circular economy

Dubatt Battery Recycling’s fully integrated battery recycling plant – the first of its kind in the UAE – has been formally inaugurated at Dubai Industrial City

UAE launches ambitious new intellectual property system

UAE launches ambitious new intellectual property system

In 2023, the UAE has witnessed growth in IP applications, with a 9.6 per cent increase in trademarks and a 29.5 per cent increase in intellectual work registrations

In numbers: Dubai real estate registers best-ever performance in 2023

The value of real estate transactions exceeded Dhs634bn with the number of transactions reaching over 166,400 real estate transactions in 2023

Jumeirah Group gathers steam on expansion, opens first Saudi hotel, Jumeirah Jabal Omar Makkah

Jumeirah Group gathers steam on expansion, opens first Saudi hotel

In addition to its rooms and suites, Jumeirah Jabal Omar Makkah hosts 88 residences, which sit across the podium of its four towers

IHC Announces Stellar Preliminary Financial Results for 2023 Image courtesy IHC X

IHC sees 18% revenue jump in 2023, as diversification pays off

Diversification into new sectors and strategic acquisitions fuelled growth, with preliminary net profit remaining strong at Dhs32.75bn

Elena Sorlini Abu Dhabi Airports MD and CEO Image Abu Dhabi Airports

Elena Sorlini to helm Abu Dhabi Airports, named new MD and CEO

Most recently, as interim chief, Sorlini managed the successful opening of Abu Dhabi International Airport’s new terminal

Ghitha Holding acquires 44 per cent stake in MNG Airlines Image Supplied

IHC’s Ghitha Holding acquires $211.2m stake in MNG Airlines

The acquisition strengthens Ghitha’s logistics and aviation, cementing its leadership in the regional food trading sector

UAE President visits Jordan Image courtesy WAM

Sheikh Mohamed meets Jordan’s leader during fraternal visit

The UAE and Jordan enjoy robust economic ties with significant trade and investment flows

Gulf Air to operate direct flights to AlUla in Saudi Arabia Image Gulf Air

Gulf Air’s latest route: Seasonal flights to AlUla, Saudi Arabia

The Bahrain-based airline will operate direct flights to AlUla biweekly, starting February 3

Seven signs deal with Formula E Image Supplied

PIF’s Seven brings world-first Formula E karting attractions to Saudi

The Formula E Karting attractions will be built at four of Seven entertainment destinations located in Riyadh, Jeddah, Dammam and Abha

PIF Launches Electric 360 Image PIF

PIF unveils ‘Electric 360’ partnership, announces new brand revamp

The partnership with Formula E, Extreme E and E1 will promote educational opportunities tied to electric motorsports, as well as community, social programmes and environmental stewardship

The RIG msterplan announced Image courtesy OPDC The RIG

Saudi oil rig ‘adventure park’ gets a masterplan

The project includes three hotels with a total of 800 rooms, 11 restaurants, an extreme sports and adventure park, a marina and helipads

Samsung Galaxy S24: Pre-orders now open in UAE

Samsung Galaxy S24: Pre-orders now open in UAE

Samsung customers in UAE can avail pre-order benefits on the latest Galaxy S24 Series, such as free double storage upgrade, one year Samsung Care+ warranty, trade-in benefits and more

MoF issues new law governing public-private-partnrships-Photo-courtesy-WAM.jpg

UAE: MoF issues new law governing public-private partnerships

The new law will accelerate the implementation of projects that offer added value for public funds, minimise financial and operational risks to the government

Dubai news _Yousuf Lootah Head of DET Environmental Sustainability Social Responsibility Committee at the award ceremony for DET's DST stamp initiative Image Supplied

Dubai Sustainable Tourism Stamp: DET awards 70 hotels; see list

Dubai is the first city in the region to mandate sustainability criteria for its hotel classification system, with the DST initiative further reinforces its drive to become a leading sustainable destination

Samsung's S24 Series launches, AI tools on offer Image Supplied

Mobile AI is here: Galaxy S24 launches, features these amazing AI tools

The Galaxy S24 series enables two-way, real-time voice and text translations of phone calls within the native app through Live Translate

UAE-PASSPORT-HENLEY 2024 UAE rnking revealed-INDEX-GettyImages-1240211476-1

UAE passport ranking rises to 11th place; these countries topped the 2024 list

The UAE remains the biggest climber on the Henley Passport Index over the past decade, adding an impressive 106 destinations to its visa-free score since 2014

Saudi's Aramco allocates $4bn to expands global VC programme Image: Getty Images

Energy giant Aramco allocates $4bn to expand global VC programme

Aramco’s venture capital programme supports the development of disruptive new technologies and creates diversification opportunities for Aramco while paving the way for collaborations with innovative startups

Saudia to offer air taxi service for Hajj and Umrah pilgrims. the airliene to source aircraft from Lilium Lilium jet Image courtesy Lilium

Saudia to offer air taxi service between Jeddah, Makkah for pilgrims

The group is looking to purchase 100 Lilium jets and German-made electric vertical take-off and landing aircraft to operate the service

PureHealth completes acquisition of circle

PureHealth completes acquisition of UK’s largest private healthcare group

Valued at circa $1.2bn before debt, this acquisition firmly positions PureHealth in the global healthcare ecosystem.

ADQ and ADNEC Group to acquire stake in Egyptian hotel company GettyImages-520265584-e1703142282632

UAE’s ADQ, ADNEC Group to acquire 40.5% stake in Egyptian hospitality company

ADQ and ADNEC will invest in the company through a special purpose vehicle, with 49 per cent equity ownership by ADQ and 51 per cent equity ownership by ADNEC

FAB issues $800m sukuk, marks first for the year globally

UAE: FAB issues 5-year $800m sukuk, marks first for the year globally

The order book for First Abu Dhabi Bank’s sukuk, which was 1.9 times oversubscribed, represented leading investors, including international fund managers, banks and supranationals