#UAE

UAE's Rebound launches subscription-based recycling platform

UAE’s Rebound launches subscription-based recycling platform

Rebound’s platform expansion comes at a time when the UAE’s plastic recycling market alone is projected to reach 1.44 million tonnes by 2030

UAE, Jordan sign $2.3bn agreement to build railways

UAE, Jordan sign $2.3bn agreement to build railways

The rail projects, as well as other investment initiatives, are part of the $5.5bn investment projects package signed by the two countries last year

EtihadWE inaugurates four stations across emirates, invests Dhs422m

EtihadWE inaugurates four stations across emirates, invests Dhs442m

The substations are monitored remotely using advanced equipment, allowing for greater operational efficiency and reducing maintenance requirements

UAE unveils AML, CFT national strategy 2024-27 Image courtesy WAM

UAE approves new AML, CFT national strategy for 2024-27

The strategy, formulated around 11 strategic goals, introduces legislative and regulatory reforms to combat money laundering and terrorism financing

UAE President pardons Bangladeshis jailed for protesting

UAE President pardons Bangladeshis jailed for protesting

The decision includes cancelling the sentences of those convicted, and those pardoned will be deported from the UAE

AD Ports Group’s Noatum unveils new rail logistics solution

AD Ports Group’s Noatum unveils new rail logistics solution

The logistics firm plans to expand the service by increasing the number of weekly departures between Khalifa Port and Fujairah Terminals, depending on demand

ADQ’s Silal buys majority stake in Al Bakrawe

ADQ-backed Silal to acquire majority stake in Al Bakrawe Holding

The company’s global sourcing network complements Silal’s extensive network of local farms

UAE to announce petrol, diesel prices for September; will rates drop?

UAE: Petrol, diesel prices for September 2024 announced

The fuel price committee reduced retail prices for Super 98, Special 95, and E-Plus 91 by as much as 0.15 fils per litre in September

AD Ports ranks among global top 20 port operators, reveals survey

AD Ports Group ranks among global top 20 port operators, reveals survey

The ranking is based on container throughput, an industry metric, with AD Ports Group reporting a 13 per cent YoY rise to 4.91 million TEUs in 2023

UAE: MoF issues Dhs1.1bn Islamic treasury sukuk for Aug

UAE’s MoF issues Dhs1.1bn Islamic treasury sukuk for Aug

The Islamic T-Sukuk issuance programme aims to build a UAE-dirham denominated yield curve and boost the local debt capital market

UAE cuts visa process from 30 days to five

UAE provides update on visa amnesty initiative

Authorities have announced that the amnesty covers various visa categories, including expired residencies and tourist visas, as well as undocumented individuals

UAE women's day

How ECA’s parent-friendly label programme supports women

On UAE Women’s Day, a look at how Laila Yousef Al Hassan and the ECA’s Parent-Friendly Label Programme are transforming workplace practices to support female participation and work-life balance

flynas boosts UAE network, with 8 destinations and routes

flynas boosts UAE network, with 8 destinations and routes

The budget carrier will add three more UAE destinations, including Al Maktoum International Airport, Shaikh Zayed International Airport and Sharjah International Airport

12 criminal charges that Telegram’s founder is facing in Paris

French prosecutors have published details surrounding the arrest of Telegram founder Pavel Durov along with a list of charges levelled against him

UAE's Myco raises $10m plans expansion Image supplied

UAE’s Myco raises $10m; plans expansion, blockchain migration

Following expansions into North America and Egypt, Myco is exploring growth territories and aims to conclude a second closing of its Series A funding by early 2025

City Center Al Zahia

Majid Al Futtaim reports H1 net profit of Dhs1.6bn

Majid Al Futtaim Properties delivered a record performance, driven by the success of UAE-based shopping malls and strong consumer confidence

UAE closely following case of Telegram founder amid arrest in France

The UAE has submitted a request to France to provide him with all the necessary consular services, according to MoFA

UAE’s non-oil foreign trade hits record Dhs1.4tn in H1 2024

UAE’s non-oil foreign trade tops Dhs1.4tn in H1 2024

The UAE’s non-oil exports to its top 10 trade partners rose by 28.7 per cent, while trade with all other nations increased by 12.6 per cent

UAE airlines now fly to 606 destinations worlwide to meet growing demand Image-Getty Images for illustrative purposes

UAE airlines now fly to over 600 destinations

The UAE’s General Civil Aviation Authority forecasts passenger traffic to hit 140 million

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

8 reasons why the UAE passport is gaining in strength

The UAE passport jumped from 15th place in 2023 to 8th in 2024 in Get Golden Visa’s ranking, making it among the world’s fastest-growing in terms of its strength

DET, Emirates join forces to promote Dubai’s hub status

Ranked: Most expensive to cheapest property rentals in Dubai

Using data from Property Finder, here is a ranking of the most to least expensive property rentals and sales prices in Dubai

Hatta Mountain Trails

Adventure tourism: Dubai completes Hatta Mountain Trails; see details

Whether you’re a casual walker or a seasoned cyclist, these scenic trails offer a unique way to explore the rugged beauty of Hatta’s mountainous landscape

Tether to launch stablecoin pegged to UAE’s dirham

Phoenix Group, Tether to launch UAE dirham-pegged stablecoin

The dirham stable coin will be accessible globally and “fully backed” by liquid UAE-based reserves

ADQ joins forces with ne’ma to combat food waste

Abu Dhabi fund ADQ joins forces with ne’ma to combat food waste

ne’ma drives policy change and initiates projects to address the root causes of food waste

Cryptocurrency Dubai DMCC

UPDATED: Dubai court ruling on cryptocurrency wages sparks debate

The decision reinforces the importance of clear contractual terms, ensuring that both traditional and cryptocurrency forms of payment are adequately addressed

Bayanat, Yahsat launch UAE’s first low-orbit radar satellite

The launch, a collaboration with SAR specialist ICEYE, marks a major milestone in the UAE’s space ambitions.

Brookfield Solano County California

Masdar to help power up Egypt with 200MW wind project

The consortium, comprising Egypt’s Infinity Group and UAE-based Masdar, will develop, finance, and operate the onshore wind project

Chinese automaker Chery expands UAE presence, opens new showroom

Chinese automaker Chery expands UAE presence

The Dubai showroom’s launch follows the debut of Chery’s flagship showroom in Sharjah, with plans to extend its presence to Abu Dhabi and other emirates

MENA IPOs in Q2 2024 GettyImages-1317703626

MENA region sees 14 IPOs valued at $2.64bn in Q2 2024

Eight out of the 14 MENA IPOs in Q2 2024 delivered positive returns by the end of June, with Miahona Company achieving the highest gain of 90.4 per cent

AD Ports X

AD Ports Q2 net profit surges 42% to Dhs439m

AD Ports Group’s revenue more than doubled YoY to Dhs4.18bn in Q2, with the number touching Dhs8.06bn for H1,  a 108 per cent YoY increase