#News

DFM to launch carbon credits pilot programme at COP28 Image Dubai Media Office X

Dubai Financial Market to launch pilot carbon credits programme at COP28

DFM will commence the pilot programme for institutional investors starting from December 4-8, with the offsetting period ending on January 10, 2024

Air Arabia starts direct flights to Kozhikode from RAK

Air Arabia operates first direct flight from RAK to Kozhikode, Kerala

The airline operated its first non-stop flight from Ras Al Khaimah to Kozhikode in the state of Kerala, India, on November 22

PIF-owned SRC successfully wraps up SAR3.5bn sukuk GettyImages

Saudi Real Estate Refinance Company wraps up SAR3.5bn sukuk issuance

The issuance was offered in five and seven-year dual tenors, marking the final two tranches under its SAR20bn government-guaranteed sukuk programme

Drones in Dubai _ Dubai Horizons first phase completed 2 Image Dubai Media office

Drones in Dubai: Phase 1 of ‘Horizons’ project complete

The project is planning standards for drone routes and dedicated landing zones in low-altitude airspace and selected airport locations

Dubai’s RTA has started installing solar energy panels

RTA powers up Dubai metro, tram depots with solar

The authority expects to achieve a total saving of carbon dioxide emissions amounting to 3.962 tonnes annually because of the project

Binance CEO Changpeng Zhao pleads-guilty-ot-money-laundering-charges-GettyImages 1239957173.jpg

Binance CEO Zhao quits, pleads guilty to money laundering

Zhao, who was born in China and moved to Canada at the age of 12, pleaded guilty in a Seattle court on Tuesday afternoon

Kuwait announces four-day break for New Year 2023-24 GettyImages-913894628

New Year 2023-24 holidays: Kuwait to get 4-day break

The country’s cabinet has declared Sunday, December 31, 2023, and Monday, January 1, 2024, as public holidays

Aldar unveils Nikki Beach Residences in Al Marjan _ Image Aldar

Aldar launches Nikki Beach Residences in Al Marjan, sales to open on Dec 5

Three hundred and fifty-seven units will be up for sale in the first phase on December 5

Saudi Arabia introduces new airline compensation rules in Nov 2023

Saudi Arabia: New airline compensation rules come into effect

Compensation provisions for flight delays, cancellations, overbooking and unexpected stopovers have been bolstered and extended

MBC GROUP to float IPO on Tadawul Image MBC group

MBC Group IPO: Saudi media giant plans to list on Tadawul

On Tuesday, November 21, the kingdom’s Capital Market Authority approved the company’s application for registering 10 per cent of its share capital

RTA sets up detailed plan to help movement of visitors and delegates travel to Expo City during COP28 Image WAM RTA

Getting to COP28: RTA unveils detailed transit plan

RTA has introduced exclusive special edition nol cards for COP28 delegates

PureHealth to list on ADX image ADX

Abu Dhabi-based PureHealth announces intention to list on ADX

Subject to obtaining regulatory approvals and other relevant considerations it is expected that trading on ADX will commence in December

UAE lanches developmental Phase of Sirb programme Image Dubai Media Office

UAE launches development phase of Sirb satellite programme

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched the satellite programme

Schengen visa process to go digital from 2028

Schengen visa: EU Council gives nod to online application

Based on the new rules, people who plan to travel to the Schengen area can apply online for a visa once the new system becomes operational in 2028

UAE President Sheikh Mohamed issues directive to treat 1000 Palestinian cancer patients in UAE hospitals Issues WAM

UAE President issues directive to offer medical care to 1,000 Palestinian cancer patients

The initiative is part of the UAE’s continuing efforts to alleviate the rising humanitarian crisis in Gaza

Manchester City FC reports second year of record-breaking profits Image Supplied

Abu Dhabi-owned Man City reports robust profits

The club confirmed revenues of GBP712.8m and profits of GBP80.4m – nearly double that of the previous year’s record of GBP41.7m

Abu Dhabi ADGM adds addendun to EU SCCs for data protection and privacy laws image ADGM

Privacy laws: Abu Dhabi Global Market adds addendum to EU clauses

ADGM is the first in the region to issue this addendum to the EU clause

Miral_Yas Waterworld Expansion Image Supplied

Abu Dhabi: Yas Waterworld expansion to add thrilling new experiences

Yas Waterworld is a part of Yas Island that includes attractions such as Ferrari World, Warner Bros. World, CLYMB Abu Dhabi and Yas Bay Waterfront

You can book a green zone pass for COP28 image COP28 X

COP28: How you can visit world’s key sustainability conference

Visit the COP28 website to secure your spot and book your Green Zone Day Pass

Saudia x Riyadh Air ink landmark agreement at Dubai AIrshow to strengthen Saudi Aviation

Saudia, Riyadh Air ink landmark deal to boost kingdom’s aviation ecosystem

Benefits that would be available for guests booking flights on Saudia or Riyadh Air will be announced when Riyadh Air launches in 2025

Ahmed Bin Sulayem Executive Chairman and CEO DMCC will chair the Kimberely Process as the UAE assumes chairmanship in 2024 Image DMCC

UAE to chair UN’s Kimberley Process in 2024

The Kimberley Process is a key United Nations initiative tasked with curbing the entry of conflict diamonds into the mainstream rough diamond market

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

Air Arabia nine-month net profit rises 53% to reach Dhs1.32bn

Revenue earned for the period rose by 16 per cent, taking the amount to Dhs4.45bn

Dubai Taxi Co Image Dubai Media Office

Dubai Taxi IPO: 25% stake to list on Dubai Financial Market

The subscription period will open on Tuesday, November 21

etihad airways unveils-stunning-new-lounges-at-abu-dhabi-internationals new terminal A image Supplied

Etihad’s new premium lounges at Terminal A: Here’s what you can expect

Located between Piers C and D on the north side of Terminal A, the lounges are spread across three levels

Dubai Taxi Company: Sheikh Mohammed issues law; IPO to be initiated Image Dubai Media Office

Dubai Taxi Company: Sheikh Mohammed issues law; IPO on the cards

Sheikh Hamdan issued Executive Council Resolution No (92) of 2023 forming the Board of Directors of Dubai Taxi Company

Google account holders may have their accounts deleted inactive for too long

Millions of Google accounts to be deleted in December; here’s why

Emails, documents, calendar appointments, photos and videos from Google accounts that have been inactive for at least two years will be permanently deleted

Watch Dubai Airshow flying displays Image from Dubai Airshow 2021 X

Dubai Airshow 2023: Here’s how you can watch spectacular flying displays daily

Teams putting on a show include Frecce Tricolori, the Italian Air Force’s aerobatic demonstration team and Fursan Al Emarat, the UAE Air Force aerobatic display

Digital nomad visas: Close to 50% of all global destinations offer DNVs

Digital nomad visas: Close to 50% of all global destinations offer DNVs, says UNWTO

A digital nomad visa allows individuals to live and work overseas while maintaining employment or conducting freelance work in their home or another country

UAE: Abu Dhabi Islamic Bank successfully issues $500m green senior sukuk Image Getty Images

UAE: Abu Dhabi Islamic Bank successfully issues $500m green senior sukuk

The issuance attracted interest from more than 100 global and regional investors with the final order book closing at $2.6bn

UAE sends supplies to build field hospital 6 additional aircraft sent as part of GAZA relief efforts Image WAM

UAE Gaza relief: 16 planes sent with supplies for field hospital so far

The UAE dispatched five planes on November 8 with essential supplies required to set up and operate an Emirati field hospital to treat impacted Palestinians