In a move it says is set to “boost the transition towards a cashless economy and support the national digitalisation agenda”, UAE operator du has announced the launch of du Pay, offering what it …
UAE to announce petrol prices for May: will rates increase further?
The UAE fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 11 fils per litre in April.
UAE, Oman Establish Investment Partnerships Worth Dh129 Billion
A UAE-Oman Business Forum on Monday saw the announcement of multiple agreements worth Dh129 billion. The agreements span renewable energy; …
UAE, Oman railway project has entered implementation phase: CEO of Hafeet Rail
Ahmed Al Musawa Al Hashemi, CEO of Hafeet Rail, affirmed that the railway project between the Sultanate of Oman and the United Arab Emirates has entered into the implementation phase on Tuesday.He …
AD Ports to invest $251m to upgrade and operate Angola’s Luanda Port
AD Ports Group, the operator of industrial cities and free zones in Abu Dhabi, will operate and upgrade the existing Luanda multipurpose port terminal.AD Ports will invest $251 million towards the …
Muse confirmed to perform at F1 Abu Dhabi Grand Prix post-race concert series
English rock band Muse have been confirmed as the very first artist to perform at the hotly anticipated Yasalam after-race concerts, as part of the massive, globally renowned Formula 1 event.
Sharjah activates WhatsApp number 065015161 for flood-affected residents
The team was directed to receive requests via the WhatsApp application through the number 065015161, and to send the data to the affected families, based on which urgent measures can be taken.
UAE, Oman establish investment partnerships worth Dhs129 billion
A UAE-Oman Business Forum took place on Tuesday, which saw the announcement of multiple agreements worth Dhs129 billion.
Giant drill ship ordered for $806m and never traded after 2017 launch heads for scrap
Although launched in 2017 at a Jurong Aracruz Shipyard in Brazil, now part of Singapore’s Seatrium, the vessel was never completed after Sete International cancelled the original $806m contract.
UAE seeks closer air force ties with China as leaders meet in Beijing
The chief of joint operations for the United Arab Emirates (UAE) Armed Forces has met with the head of China’s People’s Liberation Army Air Force (PLAAF) as the two countries look to promote closer co …
UAE, Saudi bright spots as Middle Eastern retailers face challenges due to geopolitical tension
Retailers in the Middle East that have franchises of Western brands are facing a tough time, but the UAE and Saudi Arabia are still bright …
Dubai Islamic Bank Q1 2024 pre-tax net profit hits Dh1.85 billion, a robust growth of 22% YoY
Dubai Islamic Bank announced on Monday that its first quarter profit rose 22 per cent year-on-year (YoY) to reach Dh1.85 …
Fostering UAE-India trade
In describing the strategic partnership, most observers will point to the significant bilateral trade of $85 billion and the consistent and constructive high-level government-to-government …
Hafeet Rail: Work begins on $3bn UAE to Oman train network
The UAE and Oman will work together on Hafeet Rail, a $3bn train network from Abu Dhabi to Sohar. Ahmed Al Musawa Al Hashemi, CEO of Hafeet Rail, said that the railway project between the UAE and Oman …
UAE insurance rates could surge following rain and severe weather
S&P Global Ratings says impact on insurance company earnings following heavy rain in the UAE could lead to rate increases for customers …
UAE and Oman establish investment partnerships worth AED129bln to deepen cooperation across multiple sectors
Mutual investment cooperation covering multiple sectors such as digital infrastructure, food security, energy, transport and other areas of mutual interest. The agreement was signed by the Ministry of …
Partnerships in fintech, aviation, clean energy tech to drive India, UAE growth story: CEPA Council Director
The UAE-India CEPA Council (UICC) was launched on the sidelines of the Vibrant Gujarat Summit in January. The two countries implemented the Comprehensive Economic Partnership Agreement (CEPA) in May …