#UAE

Dr Sultan Ahmed al Jaber COP28 president designate pic WAM

COP28 UAE: Dr Sultan Ahmed Al Jaber named President-Designate

The UAE will host the annual climate summit at Expo City, Dubai, from November 30 – December 12

Maersk

Dubai’s DP World and Maersk enter long-term partnership at Jebel Ali port

Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali

Mubadala

Mubadala, US-based Resilience to manufacture biopharma in UAE

As part of the agreement, Mubadala will construct the new facility, where Resilience will manufacture biopharmaceutical-related products

UAE residence-visa

UAE golden visa: 79,617 visas issued in 2022, says GDRFA

The General Directorate of Residency and Foreigners Affairs in Dubai processed over 62.24 million transactions last year

Visitor

Ras Al Khaimah records highest visitor numbers in 2022

The full-year figures follow a strong December performance in which the emirate welcomed its highest ever footfall in one month, with over 128,000 visitors

Emirates NBD issues Dhs 1 billion bond

Dubai’s Emirates NBD successfully issues three-year Dhs1bn bond

The issuance is the first dirham-denominated bond by a bank since the creation of a medium-term yield curve by the Ministry of Finance

MohRE emiratisation fines

UAE’s MoHRE fines companies failing to achieve Emiratisation targets for 2022

The value of the monthly financial contributions imposed on private sector entities will increase progressively at a rate of Dhs1,000 annually until the year 2026

dnata breaks ground on warehouse in Iraq

Dubai-headquartered dnata breaks ground on $14m cargo warehouse in Erbil, Iraq

dnata’s latest expansion follows the opening of a new, advanced cool chain facility and a bus maintenance facility in 2022 at EBL

MohRE issues resolution on reporting of workplace injuries, illnesses

UAE’s MoHRE defines guidelines on reporting workplace injuries, illnesses

The ministerial resolution issued aims to regulate how establishments with 50 or more employees deal with workplace accidents and illnesses

UAE-weather

UAE weather update: A chance of fog, rain forecasts NCM

The maximum temperature in Dubai is expected to reach 27°C with the minimum temperature being 18°C

Hotels Courtesy Dubai Media Office

12 stunning new hotels in the Middle East that demand a visit

We look at some of the most interesting hotels scheduled to open in the Middle East in 2023

UAE Ministry of finance to hold corporate tax awareness sessions

UAE Ministry of Finance launches Corporate Tax Public Awareness Programme

The programme will feature a series of sessions to raise awareness of the corporate tax law amongst the business community and its implications for the national economy

Geant opens first supermarket in UAE in Ajman

Géant opens first supermarket in the UAE

Géant has expanded into the Northern Emirates with the opening of its new store concept in Ajman

Uber app (Photo Illustration by David Ramos/Getty Images)

Uber transports 2.6 million riders across Qatar during FIFA World Cup

According to Uber, people from 95 countries used its app while visiting Qatar during the tournament

green hydrogen masdar uniper

Masdar and Germany’s Uniper to build green hydrogen plant in UAE

The two companies will build a plant that will run on almost 1.3 gigawatts of solar power and is expected to produce hydrogen from 2026

IMF

UAE economy survived economic impact of Covid-19: IMF official

According to the latest IMF report, UAE GDP growth is projected to reach above 6 per cent in 2022, up from 3.8 per cent last year

UAE announces January 1 as holiday for private sector

UAE announces January 1 as holiday for private sector

Sunday, January 1, will be a paid leave for all employees operating across the country’s private sector

UAE to host World Trade Organisation Ministerial Conference in 2024

UAE to host World Trade Organisation Ministerial Conference in 2024

The conference will be held in Abu Dhabi in the first quarter of 2024

Kanoo Group

Dubai’s Kanoo Group sees opportunities to invest in India, China

The family-owned company, with interests spanning shipping, real estate, financial services and energy, sees potential in sectors including artificial intelligence and clean energy

In pics: Marriott Hotels unveils first resort in Dubai

The Marriott Resort Palm Jumeirah is spread across 7,000 square metres and features 10 dining concepts

UAE

Reasons why UAE employees lack trust in robots

Employees trust robots in performing ordinary tasks such as cleaning, but are less willing to trust them with life critical functions such as performing surgeries

Non-oil trade

Non-oil trade between UAE, Bahrain grows by 92% over 10 years

Their total non-oil trade exchange during the same period also amounted to Dhs188bn, with imports accounting for Dhs77.4bn

UAE's AMEA Power to build 120MW solar project in South Africa

UAE’s AMEA Power to build 120MW solar project in South Africa

The project will sell electricity to state utility, Eskom, under a 20-year power purchase agreement

Domestic workers

UAE’s new domestic worker law comes into force today

The law stipulates providing an appropriate work environment for domestic workers

UAE: The year 2022 in review

The UAE has accelerated its growth this year with key strategies, strong initiatives and a future-first approach

UAE trade agreements

UAE funds to buy $855m stake in Israeli financial firm

Phoenix Group is listed on the Tel Aviv stock exchange, with a market value of $2.85bn

Central-Bank passes new AML guidelines for PEP

UAE Central Bank raises base rate by 50 basis points

The US Federal Reserve raised its key interest rate by 50 basis points

UAE, Armenia sign MoU to regulate recruitment of Armenian workers

The MoU stipulates the entry, residency, and employment of Armenians in the UAE in accordance with the country’s legislations

SME Story: Interview with Kate Brunette-Sireteanu, co-founder of Peace of Mind Products

While we all walk around wearing masks to protect ourselves from airborne particles, our youngsters had no added layer of resistance until we launched our VirusShield Stroller Cover

tech

Can Dubai’s growing tech affinity propel its real estate sector?

Dubai’s real estate sector has taken massive strides in terms of sales and investment