#UAE

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

UAE to allocate $200m to support low-income countries Image courtesy WAM

UAE allocates $200m to support low-income countries, reduce poverty

The announcement was made during the International Monetary and Financial Committee Meeting, organised on the sidelines of the WBG-IMF Annual Meetings In Morocco

Abu Dhabi launches trials for automated rapid transit project

Abu Dhabi launches trials for automated rapid transit project

The pilot phase includes 25 stations along routes extending for about 27 km, and runs from Al Reem Mall to Abu Dhabi Island

Abu Dhabi’s Masdar lists green bond on ADX

Abu Dhabi’s Masdar lists $750m green bond on ADX

The 10-year notes, which were 5.6 times oversubscribed, carry a 4.87 per cent coupon rate and will mature in July 2033

DHL acquires remaining shares in Danzas AEI Emirates image DHL

DHL to acquire remaining shares in Danzas AEI Emirates

Danzas AEI Emirates to be fully integrated into DHL Global Forwarding network and to re-brand to the DHL brand

EDB advances food security with Dhs721m in funding

EDB supports food security with Dhs721m under its five-year strategy

Food security is one of the five priority sectors that the development bank supports to contribute to the country’s national development agenda

UAE GEORGIA CEPA

UAE and Georgia sign CEPA to boost trade

By removing or reducing tariffs on 95 per cent of product lines, the agreement is set to boost non-oil trade value beyond $1.5bn in the next five years.

Wizz Air Abu Dhabi (Image: Supplied by Wizz Air Abu Dhabi)

Wizz Air Abu Dhabi commences flights to Erbil

The twice-weekly services operate every Monday and Friday

UAE approves 2024-2026 federal budget of Dhs192bn

UAE approves 2024-2026 federal budget of Dhs192bn

The budget estimates expenditures of Dhs64.1bn in 2024, up 1.6 per cent from estimates for 2023

Abu Dhabi’s oil champion ADNOC bets on global expansion

Insights: Abu Dhabi’s oil champion ADNOC bets on global expansion

The company’s board brought forward to 2027 plans to up production capacity to five million barrels per day and approved a capital spending of $150bn

DEWA’s COP28 stand to focus on sustainability

DEWA’s COP28 stand to showcase sustainability projects

The stand will be located in the Green Zone and it will highlight the company’s efforts in energy, water and renewables

Botim hits Dhs1.3bn transactions in 4 months

Astra Tech’s Botim exceeds Dhs1.3bn transactions in 4 months

PayBy has witnessed a 75 per cent increase in the number of transactions quarter-on-quarter across its fintech offerings

ADNOC awards multibillion gas expansion contracts

UAE’s ADNOC awards multibillion gas expansion contracts

The company is increasing gas production as consumers around the world look to switch from crude and coal toward cleaner burning fuel

UAE unveils first wind power plants ahead of COP28

UAE inaugurates first wind power plants ahead of COP28

The clean energy project is expected to power more than 23,000 homes a year and displace 120,000 tonnes of carbon dioxide

ADNOC Distribution to use biofuel for its UAE vehicle fleet

ADNOC Distribution to use biofuel to power its UAE vehicle fleet

The company’s fleet plays a crucial role in supplying fuels and liquefied petroleum gas to corporate customers

Over 6.5 million subscribe to UAE’s unemployment insurance scheme

UAE unemployment insurance scheme: MOHRE reports over 6.5 million subscribers

The scheme provides a social safety net for citizens and residents while ensuring that they have a decent life until alternative employment arises