#UAE

Nammos Hotels and Resorts. (Image: Sourced from PR Newswire)

Nammos Hotels and Resorts launched in joint venture with UAE’s Alpha Dhabi

Nammos has confirmed that its first hotel opening will take place as soon as this summer on the Psarou beach in Mykonos

Mohamed Ali Al Ansari - Group Chairman of Al Ansari Financial Services

Al Ansari Exchange raises Dhs773m in IPO, attracts bids worth Dhs12.7bn

The company sold 750 million shares and set the final share price at Dhs1.03, implying a market capitalisation of Dhs7.73bn at listing

DP World Logistics Container

DP World’s investments top $10bn in past decade

The company’s investments in 2022 totalled $320m despite slowing demand for logistics services due to the global economic challenges

GMG's new Dubai Investment Park facility is one of the UAE’s largest food manufacturing facilities

GMG eyes global expansion, launches four food manufacturing units

GMG’s Dubai Investment Park facility – one of UAE’s largest food manufacturing facilities – includes three factories to process added-value meat, poultry, and seafood items

fulfillment centre

Amazon opens a new fulfillment centre in Dubai South

The new facility will increase Amazon’s storage capacity by 70 per cent, supporting a wider selection of products for customers

Ramadan working hours

Ramadan 2023: Significance, best practices and tips

The holy month is considered a time for spiritual renewal and reflection

SeaWorld Abu Dhabi photo WAM Miral

World largest aquarium to open in Abu Dhabi in May

SeaWorld Abu Dhabi’s eight realms are spread across five indoor levels,spanning an area of approximately 183,000 square metres

Ramadan 2023

UAE confirms first day of Ramadan 2023

The UAE’s moon-sighting committee announced that March 22 will be the 30th day of Sha’ban

Galaxy A54

Samsung launches Galaxy A54, A34 5G smartphones in UAE

Both smartphones will be available from March 21 on the brand’s website as well as in select retailers across the country

Sustainability roundtable Century Finacial

UAE financial sector reaffirms commitment to sustainability

The round table discussion hosted by Century Financial showcased new sustainability initiatives and partnerships aimed at promoting investments

Smartphone market

Is the region’s smartphone market expected to grow in 2023?

The competition remains stiff in the coming years, especially for emerging brands

1 billion meals

Sheikh Mohammed launches 1 billion meals endowment campaign

It is an expansion of the UAE’s previous Ramadan campaigns

President Mohamed talks to President Assad

UAE President receives Syria’s Bashar al-Assad

The UAE President drew attention to the need to make all available efforts to facilitate the return of Syrian refugees with dignity to their country

UAE and Georgia sign CEPA

UAE, Georgia sign comprehensive economic partnership agreement

The UAE now accounts for more than 63 per cent of the total volume of Georgia’s trade with Arab countries

Plant-based meat

Dubai opens 100% plant-based meat factory

Dubai Industrial City will be home to IFFCO’s Thryve factory, which is catalysing the move towards a healthier food supply chain

ADNOC Distribution fuel pumps

Shareholders of ADNOC Distribution approve $700m dividend

The company’s full-year net profit surged by 22 per cent year-on-year to Dhs2.74bn while its revenues rose by 54 per cent to Dhs32bn

UAE and South Korea trade

UAE to invest $30bn in South Korea over the next few years

The two countries agreed to enhance joint efforts to implement the MoU that was signed recently

DP World port operations

Ports operator DP World’s revenues surge to $17.1m in 2022

The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet

ByteDance

Abu Dhabi’s G42 buys ByteDance stake at $220bn valuation

G42 acquired a $100m-plus stake from existing investors in recent months through its 42XFund, Bloomberg reported

SCCI, EDB partnership

Sharjah Chamber, EDB review funding solutions for investors

The bank is a financial enabler of the UAE’s economic diversification and industrial transformation agenda

How hospitality is reshaping Dubai's real estate landscape

How hospitality is reshaping Dubai’s real estate landscape

The growing stature of Dubai as a tourist destination is redefining developers’ strategies

UAE's Al Ansari Financial Services to list 10% stake in IPO

UAE’s Al Ansari Financial Services to list 10% stake in DFM IPO

The company plans to list its shares for trading on the Dubai Financial Market next month

Ducab announces growth in revenue

UAE’s Ducab Group announces 19% rise in revenue in 2022

Ducab Group posted total annual revenue of $1.8bn

Silal

Silal to launch UAE’s largest automated packhouse in this emirate

The state-of-the-art facility will deliver up to 216 tonnes of fresh produce daily

Best workplace in UAE 2023

These are the best places to work in the UAE in 2023

The top five companies to work for in the large category include McDonald’s, Leminar Group, Al Dabbagh Group, Centrepoint and Chalhoub Group

UAE astronaut Sultan Al Neyadi converses with Sheikh Mohammed from space

UAE’s Sultan Al Neyadi converses with Sheikh Mohammed from space

The Emirati astronaut and his Crew-6 teammates docked with the ISS after a 24-hour flight to begin the longest Arab space mission

EGA full year net profit

UAE’s EGA posts $2bn in full-year net profit on higher prices

The company paid its shareholders a total of Dhs3.7bn consisting of an interim dividend of Dhs2.2bn in July and a further D1.5bn at the end of 2022

Nebula Capsule 3

Nebula Capsule 3 projector launches in UAE

The projector is available at select retail stores and online for Dhs3,999

Sheikh Mohammed inaugurates renovated Al Shindagha Museum

Sheikh Mohammed inaugurates renovated Al Shindagha Museum in Dubai

Al Shindagha Museum features 22 pavilions that include 80 historic houses showcasing the development of Dubai and the UAE

UAE's e& reports 7.4% rise in consolidated net profit for 2022

UAE’s e& posts 7.4% rise in consolidated net profit for 2022

The group’s aggregate subscribers reached 163 million last year, increasing 2.5 per cent over 159 million in 2021