#UAE

UAE reveals fuel prices for March 2023

UAE reveals fuel prices for March 2023

Petrol prices will marginally increase, while the price for diesel has been cut

UAE sustainable finance

UAE’s green, sustainable finance enjoy two years of rapid growth

The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.

UAE weather update: Rain, overcast conditions expected this week

The UAE recorded its lowest temperature of 15°C in Raknah (Al Ain) at 6.30am and in Jais Mountain (Ras Al Khaimah) at 5.30am local time today

Wall street

General Atlantic joins push for Middle East sovereign wealth

The US-based firm has been investing in the region since 2015 and has deployed about $400m in companies such as Property Finder and Network International

World's Coolest winter campaign photo WAM

World’s Coolest Winter campaign concludes, here are its highlights

The third edition raised the number of domestic tourists to 1.4 million, an increase of 8 per cent over the previous edition

UAE, Egypt, Jordan, Bahrain sign industrial deals worth $2bn

UAE, Egypt, Jordan, Bahrain sign industrial deals worth $2bn

The agreements were signed at the third Higher Committee meeting of the Industrial Partnership for Sustainable Economic Development, held in Amman on February 26

Non-oil foreign trade between UAE, Kuwait grows 87% over a decade

UAE, Kuwait non-oil trade grows 87% over decade

Non-oil foreign trade between the UAE and Kuwait reached Dhs43bn by the end of 2022

NASA announces new launch date for space mission carrying UAE astronaut

NASA reveals new launch date for mission carrying UAE astronaut

The six-month long mission will include several scientific experiments and research endeavours

Ministry of Defence

UAE’s Ministry of Defence ends rescue and search activities in Turkey

During the operation, the team managed to rescue 10 people and recover 26 bodies

Power Letters 2023: Mohammed Qasim Al Ali, group chief executive officer, National Bonds

Power Letters 2023: Mohammed Qasim Al Ali, group chief executive officer, National Bonds

At the very core, we believe economic and social stability stems from a financially secure population

Saudi Arabia to host FIFA Club World Cup in 2023

Saudi Arabia to host FIFA Club World Cup in 2023

The tournament will be held from December 12-22

UAE President sends additional $50m in releif aid to Syria -e1674207563941

UAE President orders additional $50m in relief aid for Syria

The UAE is continuing to send relief supplies to Syria and Türkiye, with more than 70 flights sent to both countries so far, carrying food, medical supplies and other items

Hai Ramadan at Expo City Dubai photo WAM

Enjoy Expo City Dubai’s ‘Hai Ramadan’ offerings

Featuring a showcase of age-old traditions to food, fun, games and a night market, Expo City Dubai’s Hai Ramadan will run for a period of 50 days

UAE, Kuwait link traffic systems

UAE, Kuwait link traffic systems

Officials at the meeting held in Abu Dhabi discussed ways to enhance existing cooperation between the two countries in police and security fields

Majid

UAE’s Majid Al Futtaim launches Mall of the Metaverse

The mall is in the initial phase of development and will open to visitors after multiple stages of testing

Zoho

Zoho announces Dhs100m investment for UAE expansion

In the five years since its operations in the UAE, the company has grown 10 times in the country

UAE telecom operator du posts 10.8% growth in 2022 net profit

UAE telecom operator du posts 10.8% growth in 2022 net profit

Full-year revenues grew by 9.2 per cent to total Dhs12.75bn, while EBITDA increased by 12 per cent to equal Dhs5.14bn

Roberto d'Ambrosio, Director & CEO, Axiory Global, on the importance of retaining talent in the UAE

Opinion: The key to the UAE’s success lies in attracting and supporting the right talent

When it comes to young talents, particular measures must be taken to fulfill the specific needs of young professionals refining their skills and climbing the management ladder

Air Arabia reports 70% rise in 2022 net profit

Air Arabia reports 70% rise in 2022 net profit

The airline served more than 12.8 million passengers in 2022 from its seven hubs across the UAE, Morocco, Egypt, Armenia, and Pakistan

HPE

HPE announces new Riyadh headquarters for Middle East region

UAE serves as the headquarters for Africa and is operated separately from the rest of the Middle East organisation

UAE weather update: Strong winds expected, temperatures may dip to 14°C

UAE weather update: Strong winds expected, temperatures may dip to 14°C

The country’s lowest temperature – 3.9°C – was recorded at 12.15am at Jais Mountain

Ducab opens office in Bengaluru India

UAE’s Ducab Group expands its footprint in India, opens office in Bengaluru

Over the years, Ducab has supplied over 1,428 kilometres of cables to the Indian market, which is equivalent to the distance between Delhi and Mumbai

UAE's Hope Probe to move to new orbit to study Mars' smaller moon, Deimos

UAE’s Hope Probe to move to new orbit to study Mars’ smaller moon, Deimos

Deimos is the smaller and outermost of Mars’ two natural satellites

UAE and Qatar link traffic systems

UAE and Qatar link traffic systems

The announcement was made at a meeting held in Abu Dhabi between delegates of the two countries

Abu Dhabi Airports

Abu Dhabi Airports welcomes 15.9 million passengers in 2022

The company saw growth in other key areas such as air traffic movements across its five airports, which totalled 194,667

Abu Dhabi's ADNOC Distribution reports 22% rise in net profit for 2022

Abu Dhabi’s ADNOC Distribution reports 22% rise in net profit for 2022

The ADX-listed company reported a 15 per cent year-on-year growth in EBITDA, totalling Dhs3.52bn in 2022

UAE private sector companies must increase Emirati staff by 1% every six months

The new mechanism does not amend the annual targets, which require companies with 50 employees or more to achieve a 2 per cent increase in Emiratisation by end of the year

MohRE's tawasul carries out over 20 million customer transactions

UAE’s MoHRE handles over 30 million customer interactions in 2022

MoHRE’s Tawasul system is the main access point for customers to inquire and file complaints related to labour market laws and regulations

Emirates Islamic issues dirham denominated sukuk

UAE’s Emirates Islamic issues dirham-denominated sukuk valued at Dhs1bn

The three-year issue witnessed robust demand and was oversubscribed by 2.5 times

Gulf

Gulf Islamic Investments announces an office opening in Bahrain

Gulf Ventures Capital is a part of GII’s strategy to expand its footprint in the MENA region and globally