#UAE

Air Arabia

Air Arabia Abu Dhabi to launch new flight to this city in Iran

The service to Lar will commence on September 14

BRICS SUMMIT-SOUTH AFRICA

UAE, Saudi Arabia to join BRICS; President Sheikh Mohamed welcomes membership

The BRICS grouping has announced an expansion in its ranks with six new members, including UAE, Saudi Arabia, Ethiopia and Egypt

DP World ILT20 Season 2 Image courtesy DP World ILT20

DP World ILT20 Season 2: UAE Cricket league dates, top players list out

The 34-match tournament will be held in stadiums in Abu Dhabi, Dubai and Sharjah from January 19 to February 18, 2024

Protiviti's George Thomas on the M&A trends

Opinion: Will M&A transactions continue to surge in the Middle East?

Regional integration efforts like the GCC facilitating smoother M&A transactions by streamlining regulations and cross-border investments will support M&A growth

Cybercrime laws Image Getty Images

UAE data laws: Cybercrime offenders to face up to 5 years in prison, huge fines

This is according to Article 8 of Federal Decree Law no. 34 of 2021, on combatting rumours and cybercrimes

UAEs UBF on how the banking sector-is-supporting-green-finance-initiatives-GettyImages-83975094

These UAE banks invested over Dhs190bn in green financing, reveals UBF

The UAE banks invested in various projects in renewable energy, waste-to-energy, and green technology in 2022

connected experiences

Why boosting connected experiences is key to business growth

Connected experiences should not be limited to individual touchpoints but must encompass the entire customer journey

integrated cyber defence

Help AG’s Stephan Berner on the importance of integrated cyber defence

The integrated approach to cyber defence is one of the technology trends that will dominate in coming years, says the CEO of the company

IHG's Vignette Collection enters UAE, Kuwait (Image: Supplied by IHG Hotels and Resorts)

Vignette Collection brand enters UAE, Kuwait

Th8 Palm Dubai Beach Resort, Vignette Collection and Vignette Collection in Kuwait City will be operated by United Hospitality Management

Top startups

GCC: Top startups to watch in 2023

We shine the spotlight on some of the region’s most prominent startups

UAE national banks provide Dhs745.5bn in financing by May

UAE banks provide Dhs745.5bn credit to business, industrial sectors

The central bank said the business and industrial sectors received credit financing mostly from traditional banks

Pakistan Independence Day

UAE leaders congratulate President of Pakistan on Independence Day

The country is celebrating its 77th Independence Day on August 14, 2023

DEWA

DEWA’s R&D Centre files new patent in 3D printing

DEWA uses 3D printers to produce prototypes and spare parts for its generation, transmission and distribution divisions

TAQA’s half-year net income surges to Dhs13.5bn

UAE’s TAQA Group posts Dhs13.5bn in H1 net income

The company’s board of directors declared a second interim cash dividend for the year of 0.65 fils per share (approximately Dhs731m)

Amazfit Bip 5

Amazfit Bip 5 smartwatch now available in UAE

The smartwatch is also the first of the series to integrate the Zepp OS, which brings a feature of advancements beyond what’s typically found in an entry-level smartwatch

KBBO Group debt pile

Abu Dhabi revises hotel fees to boost hospitality sector

The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1

Julphar posts Dhs859.4m in H1 revenues, up 2.5%

Julphar half-year revenues surge to Dhs859.4m on solid growth

The company registered double-digit growth in the UAE and GCC region markets due to continued positive developments in key markets including Saudi Arabia

How Israel is driving climate innovation ahead of COP28

Exclusive: Ambassador Gideon Behar shares details about Israel’s participation at COP28

Israel’s special envoy for climate change and sustainability tells us that COP28 is an opportunity to promote climate innovation and solutions

Network International’s half-year revenues reach $239m

Network International’s half-year revenues reach $239m

The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists

MoHRE recoups Dhs2.3m from fake 107 Nafis’ beneficiaries

MoHRE recoups Dhs2.3m from fake 107 Nafis beneficiaries

The ministry has an effective smart inspection system and conducts regular field visits to companies employing Emirati citizens

MoIAT

MoIAT, Mohammed bin Rashid School of Government partner to empower local talent

MBRSG will extend academic assistance to the ministry’s personnel, along with introducing creative training initiatives and research schemes

UAE enacts new laws for healthcare professionals

UAE enacts new laws for healthcare professionals

Practising without a healthcare licence attracts a fine of not less than Dhs50,000 and not exceeding Dhs100,000

Where to watch the Perseids meteor showerin the UAE Image Getty images

Perseids meteor shower 2023: How to watch it in the UAE

The Dubai Astronomy Group is hosting a viewing event at Al Awir desert on Saturday, August 12, from 10pm to 3am

Ajman Bank Dhs550m right issue oversubsribed Mohamed-Amiri Image courtesy Ajman Bank

Ajman Bank’s Dhs550m rights issue receives strong response

The rights issue was oversubscribed 7.4 times, with a total demand of Dhs4.1bn

UAE MoF announces strategic plan_Photo-courtesy WAM MoF

UAE: Ministry of Finance announces strategic plan for 2023-2026

The plan will develop financial policies to promote economic growth, create a competitive business environment and strengthen international economic relations

The new Land Rover Defender 130 surfs the dunes

The beast can go from zero to 100 km/h in 6.6 seconds, and that’s just one of the things we love about it

Burjeel Holdings’ half-year profit up 47% to Dhs225m

Burjeel Holdings’ half-year profit up 47% to Dhs225m

The healthcare services provider’s H1 revenues surged by 13.9 per cent year-on-year to Dhs2.2bn, driven by an increase in patient footfall

Absheron

ADNOC to acquire 30% equity stake in Absheron gas field

The first gas from Absheron was successfully delivered in early July 2023

e& money

UAE’s e& money launches prepaid card with cash rewards

Customers are instantly issued a 16-digit Mastercard branded e& money card, ready to be used for payments and ATM access

Agthia Group posts 6.6% first-half profit rise to Dhs144m

Agthia Group posts 6.6% increase in first-half profit to Dhs144m

The group’s revenues in the six months to June 30 surged by 10.3 per cent year-on-year to Dhs2.2bn