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Dubai Chambers Image credit WAM Dubai Chambers Dubai Media Office

Dubai Chamber of Commerce welcomes 15,366 new member companies in Q1 2023

The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities

Abu-Dhabi new speed limit - Getty Images

Abu Dhabi: New speed limit to kick in on June 7 on this road

Authorities recently lowered the speed limit on Sweihan Road — from Al Falah Bridge towards Abu Dhabi International Airport — from 140kmph to 120kmph

Sheikh-Hamdan-reviews-DET-plans-progress-on-Dubai-economic-Agenda d33 Dubai Media Office

Sheikh Hamdan reviews DET progress on Dubai Economic Agenda D33 goals

According to the latest DET data, Dubai recorded an increase of over 30 per cent in new business licenses issued during Q1 2023 compared to the same period in 2022

Air Arabia to expand fleet size in 12 months Image Air Arabia

Air Arabia reveals plans to double current fleet within 12 months

The enhanced fleet size will continue to support inbound tourism, particularly in Abu Dhabi, as the emirate continues to see a rise in tourism

Eid AL Adha 2023 date predicted to be June 28 Image credit Getty images

Eid Al Adha 2023 likely to start on this date, predicts UAE astronomer

Eid Al Adha, which means the ‘festival of sacrifice’, is observed on the tenth day of the twelfth and final month in the Islamic calendar, Dhul Hijjah

Emirates to host 80th IATA AGM

Dubai’s Emirates to host 80th IATA AGM

The 80th IATA AGM will be the first global gathering of aviation’s top leaders to be hosted in the UAE

FTA Director General Khalid Ali Al Bustani

Corporate tax: FTA launches corporate tax workshop platform

The new feature forms part of the steps the FTA has taken to ensure a smooth implementation of the corporate tax law

National Bonds raises stake in Taaleem oup CEO image National Bonds

National Bonds increases stake in Taaleem to 22%

Taaleem operates 26 schools with 27,000 students, supported by more than 1,700 faculty members and 3,000 administrative staff in the UAE

Samana Ivy Gardens

UAE real estate: mid-tier developments are top buyer preferences

After a spate of ultra-luxury and luxury housing sales, mid-tier developments look to drive the UAE’s real estate market

DIB launches DIB alt image DIB

Dubai Islamic Bank launches DIB ‘alt’, consolidates digital offerings

DIB alt brings together more than 135 digital services via the DIB Mobile App, online banking, WhatsApp and ATMs

Emirates to recycle onboard items as part of its new closed loop recycling initiative Image credit Emirates

Emirates to recycle plastic trays, items used onboard into new products

The airline has launched a new closed-loop recycling initiative, which will see millions of onboard items recycled in a local facility into fresh, ready-to-use products

Unemployment insurance scheme_MOHRE

UAE Unemployment Insurance scheme: Know the policy claim companies

The UAE government has signed an agreement with nine local companies to operate and fund the unemployment insurance scheme

AD Ports Group, Crystal Offshore deal

AD Ports Group inks 25-year agreement with Crystal Offshore

The new shipyard fabrication facility will cater for drilling rigs and marine assets as well as deep water vessels such as FPSO

UAE launches nationwide sustainability awareness campaign Image: Credit Getty Images

COP 28: New national campaign launches to raise sustainability awareness

The campaign aims to spread awareness about UAE’s environmental sustainability issues, encourage community engagement and support climate action strategies ahead of COP28

EDB partners with ADDED

Make it in the Emirates: EDB joins hands with ADDED

The development bank is playing a vital role in supporting the UAE’s industrial strategy by providing financial assistance and driving sustainable growth

Ajman Holiday Homes

Landlords, hotel owners can rent out short-term holiday homes in Ajman

The holiday homes services create a comprehensive regulatory framework to govern and supervise the operations of short-term rentals

Winners of the startup pitch competition

Make it in the Emirates: MoIAT reveals startup pitch competition winners

Twenty-four startups were shortlisted to participate in the competition by a panel of industry experts from a pool of almost 400 submissions

New cancer drug-from-Astrazeneca-launched-in-the-UAE-Image-credit WAM

New drug to treat liver, lung cancer now available in UAE

The UAE is one of the first countries in the Middle East to receive the medication

Americana Restaurants on MSCI UAE Index

KFC, Pizza Hut holding firm Americana Restaurants lists on MSCI UAE Index

The index is widely recognised as an important benchmark for investment decision-making by investors in emerging markets

Zest Pharmacy retail outlet

Aster Pharmacy, Spinneys launch Zest Pharmacy in Abu Dhabi

The pharmaceutical concept will provide a wide range of products including skincare, nutrition, cosmetics and mother and childcare

Dubai real estate prices-update-for-May Image Dubai Media Office twitter

Dubai property sector sees 11,700 transactions worth Dhs34bn in May

According to Property Finder’s proprietary data, the top searched areas for owned apartments in May included Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, and Jumeirah Village Circle

Tabby

Dubai buy now, pay later firm Tabby raises debt to $350m

The financing round for Tabby was led by US-based Partners for Growth, Atalaya Capital Management and CoVenture

UAE Exports to lead country's growth

UAE exports projected to reach Dhs2tn by 2030: report

The country’s transformation to a high-tech manufacturing and innovation hub will see its exports reach around Dhs2tn by 2030

Adnoc private sector

ADNOC, Nafis to create 5,000 new private sector jobs

ADNOC Group has partnered with Emirati Talent Competitiveness Council to empower UAE talents to take leading roles in sustainable development of the industrial sector

FAB allots $1.3bn in financing

UAE’s FAB to provide $1.36bn in financing solutions to investors

The bank will offer competitive financing solutions to support the adoption of advanced technology in the industrial sector

RTA

Dubai’s RTA unveils new parking signs with fee details and payment options

The latest statistics revealed that over 80 per cent of customers prefer to pay their service fees via mobile phones and smart tablets

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ADNOC L&S soars over 50% above listing price on ADX

ADNOC L&S expects to increase the annual dividend per share by at least 5 per cent per annum

midday break for outdoor workers comes into place June 15

UAE announces midday break timings for outdoor workers in summer

The midday break regulations start June 15 and will stay in place for a period of three months

UAE corporate tax_free zones

Corporate tax: UAE exempts free zones from business tax

The government said qualifying entities in the country’s economic free zones will be subject to a 0 per cent rate

Image WAM for illustrative purposes Abu Dhabi reduces speed limit on Sweihan road

Abu Dhabi: New speed limit announced for Sweihan Road from June 4

The speed limit will reduce from 140kmph to 120kmph from Sunday