#News

Abu Dhabi

UAE: Foreign direct investment inflows grew 3.9% in 2021 to Dhs76bn

The UAE aims to attract Dhs550bn worth of foreign investments to the country by 2030

Abu Dhabi

Abu Dhabi’s non-oil real GDP grew 4.1% in 2021

Non-oil activities contributed 49.7 per cent of the GDP at constant prices last year

UAE residence visas

UAE: Residents to no longer get visa stickers in passports

The Emirates ID card issued to all foreigners residing in the UAE will instead serve as the alternative to proving their residence status within the country

Expo 2020 Dubai

Over 24 million visits recorded at recently concluded Expo 2020 Dubai

Arrivals at Dubai International Airport recorded growth of 12.7 per cent in 2021 compared to 2020

UAE Israel

The UAE reaches trade agreement with Israel

The official signing of agreement is expected to follow in the coming weeks

Saudi Investment

Saudi Arabia makes $5bn deposit in Egypt Central Bank

It is part of the kingdom’s efforts to support Egypt’s economy

Dubai, UAE Burj Khalifa

The first-ever Michelin Guide Dubai will debut this June

Dubai becomes the 36th destination globally, and the first within the Middle East, for the Michelin guide to be present within

Emirates_Airline

Dubai’s Emirates announces revised schedule for flights to India from April 1

The airline will revert to its pre-pandemic frequency, operating 170 weekly flights to nine cities in the country

Abu Dhabi Fund for Development opens five colleges in Jordan

The colleges were built with ADFD funding worth Dhs80.3m

Flydubai

Flydubai to temporarily operate flights to 34 destinations from Dubai World Central

The Roads and Transport Authority will provide a complimentary bus service between all terminals at DXB and DWC every 30 minutes

UAE cabinet

UAE Cabinet approves strategy to regulate operators of crowdfunding platforms

The UAE Cabinet met at the Expo 2020 Dubai during which a number of initiatives and legislations were approved

Qatar airways

Qatar Airways to resume flights to London Gatwick in June

The airline will operate a daily service from Gatwick to Doha using its Boeing 787 Dreamliner

Ramadan Eid 2022

Revealed: Dates for Ramadan and Eid Al Fitr 2022 in UAE

The Suhoor and Iftar timings across the country have also been indicated

Saudi ukraine visas

Saudi Arabia to extend visas of Ukrainians in kingdom

The visas will be extended without any fees charged and will be done so automatically

Abu Dhabi

Abu Dhabi: Unvaccinated visitors now allowed to enter cultural sites, events

However, they would require a negative PCR test not older than 48 hours to do so

ADNOC

UAE’s ADNOC awards agreements worth Dhs2.4bn to support upstream growth

Over 65 percent of the award value could flow back into the UAE economy under ADNOC’s In-Country Value programme

Falcon Island by Al Hamra

Al Hamra unveils Dhs1bn Falcon Island residential project in Ras Al Khaimah

The North Island will be constructed in Phase 1 and will consist of 240 villas, ranging from two- to seven-bedrooms, with prices starting from Dhs1.2m

Dubai airport

Woman caught smuggling 5.6kg of cocaine at Dubai International Airport

The woman, arriving from a Latin American country, concealed the drugs in a hidden compartment in her suitcase and in bottles of body-care products

Ramadan 2022: Private sector working hours announced in UAE

The reduced hours will be applicable throughout the holy month of Ramadan

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approves Services 360

Sheikh Hamdan approves Services 360 policy to improve Dubai Government services

The initiative is expected to achieve annual financial savings exceeding Dhs1bn over the next five years and the elimination of nine million physical customer visits to service centers annually

Ain Dubai closes temporarily with immediate effect

The attraction will reopen on the Eid Al Fitr holiday weekend

Riyadh

Saudi oil refinery targeted in drone attack

The strike on the facility in Riyadh on Thursday morning did not result in any injuries, while the supply of oil from it remained unaffected too

talabat Cristiano Ronaldo

Watch: Cristiano Ronaldo appointed as official ambassador for talabat

Talabat will feature Ronaldo in a number of campaigns and on-ground activations across the MENA region

Paraguay confirms plan to open embassy in UAE

Bilateral trade between Paraguay and the UAE stood at $25.8m in 2020

Waste to hydrogen

Development to begin on the region’s first waste-to-hydrogen plant in the UAE

Once operational at full capacity, the facility will produce 18,000kg of green hydrogen a day

Tabreed

UAE’s Tabreed launches green financing framework to fund projects

The framework is accompanied by a second party opinion from ESG ratings agency Sustainalytics

Ramadan 2022

Ramadan 2022: Working hours for federal government employees in UAE announced

Apart from reduced hours, they can also opt to work remotely on Fridays

Getty Images

Abu Dhabi golden visa holders to receive range of exclusive benefits

It includes special offers across several sectors including automotive, insurance, banking and real estate

Alef Group hayyan

Alef Group launches Dhs3.5bn Hayyan villa project in Sharjah

Hayyan extends over an area of 8.7 million sq ft and includes a total of 1,836 villas, spread across three different zones

Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs

UAE Central Bank approves creation of 5,000 jobs for Emiratis by 2026

The Emiratisation plan will apply to managerial positions across the country’s banking and insurance sectors