#UAE

Virgin Mobile UAE unveils new biodegradable SIM cards

It is the first mobile operator in the UAE to introduce eco-friendly SIMs

Museum of the Future

Watch: Flying Iron Man delivers special invitations to visit Museum of the Future in Dubai

The stylised video shows the jetpack-powered Browning taking off from the museum and landing at various locations across the city

UAE weather update: Fresh winds, rough sea conditions anticipated; NCM issues alert

The UAE recorded its lowest temperature of 11.4°C in Jabal Jais at 5.15am today

Dubai Metro

Dubai: 461 million riders used mass transit means, shared transport and taxis in 2021

Last year, the daily average number of riders using mass transit means and taxis reached 1.3 million, compared to approximately 948,000 in 2020

Abu Dhabi

Abu Dhabi studying next-generation nuclear to make hydrogen

Hydrogen is considered a promising replacement for fossil fuels in the energy transition

Rising momentum of the region’s banking sector

GCC banks are paving the way for a promising year

How eyewear major Safilo has transformed its Middle East business model

Andrea Zaffin, managing director of Safilo Middle East and commercial head IMEA, outlines his strategy to take the company’s eyewear business to the next level

National Petroleum Construction Company signs strategic MoUs at EGYPS

UAE-based National Petroleum Construction Company signed agreements with leading Egyptian companies to explore growth opportunities in the MENA region

UAE F&B

UAE’s F&B imports from Latin America reached $1.9bn in 2020

F&B exports from Latin American markets accounted for 12 per cent of the UAE’s total F&B imports in 2020

Saudi Arabia maintained its position in the top 50 global rankings

Abu Dhabi records Dhs71.5bn of real estate transactions in 2021

There were a total of 14,958 sales and mortgage transactions, with Yas Island topping the list with Dhs4.1bn in real estate deals

Covid-19 update: UAE reports 895 cases, 2,808 recoveries

The nationwide case count has now risen to 872,210

UAE and Hungary launch economic cooperation programme

The agreement covers cooperation in areas such as trade, investment, SMEs, energy, tourism, technology, space and education among other areas

Cover story: Why the chairman of UAE’s Century Financial feels a people-centric approach is a game changer

The key to a strong relationship with investors is offering them best-in-class support, explains the company’s CEO and chairman Bal Krishen

India and UAE complete talks on bilateral pact to boost trade

Total trade between India and the UAE stood at $53bn during April-December 2021-22

Dubai International Financial Centre achieves record company registrations in 2021

Last year, the financial centre also recorded its highest ever annual revenue and operating profit

Expo 2020 Dubai has stimulated real estate growth: JLL

The firm’s regional property outlook for 2022 showcases trends such as flexible office spaces and sustainability in built environments

UAE reports 957 Covid-19 cases, 2,538 recoveries

The nationwide case count has risen to 871,315

Fertiglobe announces $340m dividend after Q4 2021 results

The company, a joint partnership between Abu Dhabi’s ADNOC and the Netherlands-based OCI, reported a revenue rise of 113 per cent to $3.31bn in 2021

Why sustainability must be a top priority for UAE organisations

Epson’s EMEAR president and CEO, Yoshiro Nagafusa shares their roadmap towards sustainable transformation through technology innovation

UAE digital bank Zand wins backing from Franklin, Aditya Birla

Digital banks have taken off with the spread of finance technology in Middle East

Dragon Oil

Dubai’s Dragon Oil confirms first oil discovery in Egypt’s Gulf of Suez

The field could contain around 100 million barrels in reserves

UAE car-sharing platform ekar expands to Malaysia

The company’s car subscription service will be the first offering available, starting in Kuala Lumpur

Dubai Can

Dubai Can: Free drinking water to be made available across city

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, launched the initiative that aims to encourage the use of refillable water bottles

Covid-19: UAE reports 930 cases, lowest in almost 8 weeks

The nationwide case count has risen to 870,358

Israeli firm to help Dubai’s Mashreqbank detect financial crimes

It follows Israel and the UAE normalising relations in 2020

Dubai’s DP World launches new intermodal shipment tracking tool

Cargoes Flow will provide an end-to-end visibility for shipments irrespective of their shipping modes, carriers, and shipping lanes

Getty Images

UAE’s Amana Group transforms business applications with Oracle Cloud

The construction conglomerate automates finance and HR with Oracle Fusion Cloud Applications to enhance operational efficiency

Food

Gulfood 2022: UAE’s F&B trade crosses $20bn from January-September 2021

Ten markets accounted for about 66 per cent of the UAE’s total F&B exports, with Saudi Arabia ranking first with a share of 17 per cent

Brazil

UAE’s Mubadala Capital raises $322m in first investment fund in Brazil

Mubadala Capital manages over $10bn of assets in third-party managed funds across its Brazil, private equity, public equities and venture capital businesses

Nancy W Gleason

How the UAE’s new workweek can be a game changer for its workforce

There is a very strong business case for a shorter workweek, as people have more energy to be productive and efficient