#UAE

Ahmed Bin Sulayem Executive Chairman and CEO DMCC will chair the Kimberely Process as the UAE assumes chairmanship in 2024 Image DMCC

UAE to chair UN’s Kimberley Process in 2024

The Kimberley Process is a key United Nations initiative tasked with curbing the entry of conflict diamonds into the mainstream rough diamond market

Emirates confirms US$52 billion widebody aircraft order (Image: Supplied by Emirates)

Emirates confirms $52bn widebody aircraft order

The deal for a total of 95 aircraft includes Boeing 777-9s, 777-8s, and 787s

UAE’s Lootah Biofuels strikes agreement with Atmosphere Core (Image: Supplied by Atmosphere Core)

UAE’s Lootah Biofuels strikes agreement with Atmosphere Core

They will jointly explore the feasibility of collecting and recycling used cooking oil from resorts, hotels and households in the Maldives

UAE President, Qatar Emir leaders call for de-escalation in Gaza

UAE President, Qatar Emir call for de-escalation in Gaza

The two leaders emphasised the need to prioritise the protection of civilians in accordance with international humanitarian law

New end-of-service benefits scheme now in force

UAE: New end-of-service gratuity scheme now in force; here’s what it offers

Employees who sign up can either receive financial benefits after the end of their employment contract or continue investing in the end-of-service scheme

Ad Ports Group acquires 10 offshore vessels for $200m HQ-e1680508778804

Abu Dhabi: AD Ports Group purchases 10 offshore vessels to bolster regional operations

AD Ports’ acquisition signifies an increase of around 20 per cent in offshore and subsea capacity for the group, boosting Middle East and Southeast Asia operations

Agthia Group’s nine-month revenue soars 10.9%

UAE’s Agthia Group posts Dhs3.27bn in nine-month revenue

The company reported a 12.7 per year-on-year increase in profit to Dhs205.6m, with the faster rate of growth relative to revenue

UAE President issues order to initiate Gallant Knight 3 humanitarian operations for Gaza residents -photo-courtesy-WAM

UAE President issues order to initiate Gallant Knight 3 humanitarian operation for Gaza

Sheikh Mohamed ordered the Joint Operations Command of the Ministry of Defence to initiate Gallant Knight 3 to support relief efforts

Society of Sustainability & Green Materials launches in the UAE

Society of Sustainability & Green Materials launches in the UAE

As a membership-driven organisation, the society has corporate, expert individual members and partners representing all sectors working in the sustainability and materials industry

UAE holiday list 2024

5 essential facts about UAE Flag Day revealed: Symbolism, history, and celebrations

First celebrated in 2013, Flag Day is observed annually on November 3

Middle East alternative asset manager Investcorp sets IPO price range for vehicle

Middle East alternative asset manager Investcorp sets IPO price range for vehicle

The vehicle plans to offer 643 million ordinary shares and wants to list on the Abu Dhabi Securities Exchange

Most GCC central banks hold interest rates unchanged

UAE, Qatar central banks hold interest rates, tracking US Fed move

GCC central banks normally change their interest rates in lockstep with the US Fed as Gulf states’ currencies are pegged to the dollar

Etihad shifts operations to Terminal A in Abu Dhabi (Image: Supplied by Etihad)

Etihad shifts operations to Terminal A in Abu Dhabi

Abu Dhabi International which houses the new terminal will be renamed to Zayed International airport from February 9

UAE fuel prices in November 2023 decrease.Image-courtesy-Peter-Cade_Getty-Image-e1682863992162

UAE announces fuel prices for November 2023

The UAE fuel price committee on Tuesday shared that Super 98 petrol will cost Dhs3.03 a litre; a reduction in the cost of Dhs3.44 a litre in October

UAE to announce petrol, diesel prices for November; will rates increase

UAE to announce petrol, diesel prices for November; will rates increase?

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 3 fils per litre in October

UAE CANADA FM MEET

UAE-Canada talks: Foreign ministers meet in Abu Dhabi

The two sides also discussed the latest developments in the Middle East region and ways to protect all civilians from the repercussions of the current crisis

ACWA Power and Dutch Companies sign MoU Image Acwa Power

ACWA Power, Dutch entities to explore green hydrogen export corridor

The parties will collaboratively explore the establishment of a green hydrogen export corridor between ACWA Power’s hydrogen production sites and the port of Amsterdam

 

UAE remote work

Survey shows 25% of employees in UAE, Saudi Arabia changed jobs last year

More than a third of the employees surveyed in the UAE and the kingdom expressed dissatisfaction with their current employee benefits packages

GCC unified visa

GCC unified tourist visa to be introduced soon: UAE minister confirms date

The new visa will open doors to travellers, granting them access to six countries under a single, unified tourist visa, and foster economic synergy across the GCC

UAE traffic fine

UAE public holiday 2023: Will we get a long weekend in December to mark National Day

This annual celebration marks the unity and formation of the UAE

red sea

Strait of Hormuz: The world’s most important oil artery

About a fifth of the volume of the world’s total oil consumption passes through the Strait on a daily basis

Tarahum - for gaza campaign: UAE sends relief aid Image: WAM

Tarahum – for Gaza campaign comes to Dubai, Sharjah on Oct 21, 22

Those wishing to volunteer to help prepare relief packages can register through ‘Volunteers.Emirates’, the Emirates Red Crescent’s Volunteers Portal, the Day for Dubai Platform, and the Sharjah Volunteering Centre

FAB’s Q3 2023 profit surges by 48% on revenue boost

FAB’s Q3 2023 profit surges by 48% on revenue boost

The banking group’s operating income reached Dhs7bn in Q3 2023, a 27 per cent YoY increase compared to Dhs5.5bn in the third quarter of 2022

Virtuzone allots over Dhs50m to get businesses tax-ready

Virtuzone allocates over Dhs50m to get businesses tax-ready

The company will provide SMEs with free corporate tax registration, free accounting services, and compliance guarantee

UAE’s AI Office, Core42 partner to enhance national talents

GITEX GLOBAL 2023: UAE’s AI Office, Core42 partner to enhance national talents

The strategy represents a significant stride towards emphasising the importance of developing national talents within the digital sector

ADNOC Gas, JERA Global ink multimillion LNG supply deal

ADNOC Gas signs multimillion LNG supply deal with JERA Global Markets

Natural gas continues to play a crucial role as a transitional fuel with lower carbon emissions compared to other fossil fuels

UAE investments in Turkiye hit Dhs20.6bn

World Investment Forum 2023: UAE investments in Turkiye hit Dhs20.6bn

The two nations are collaborating in areas such as climate change, energy, water, and food security

Selfdrive CEO offers insights into the UAE's car rental market

Insights: Trends driving the UAE car rental sector

Customers prefer to align themselves with the current market trends, and businesses that can provide such options are thriving in the rental market, particularly in the luxury segment

UAE announces relief campaign for Palestinians Image courtesy Getty Images

UAE launches ‘Tarahum – for Gaza’ campaign to provide relief aid to Palestinians

The relief campaign is being conducted with the World Food Program in coordination with the ministries of Foreign Affairs and Community Development

UAE, Korea conclude CEPA negotiations Image courtesy WAM

UAE, South Korea successfully conclude CEPA negotiations

A UAE-Korea CEPA will reinforce East-West supply chains, facilitate FDI flows, and enhance joint research and knowledge exchange across a range of sectors