‘Dubai, Abu Dhabi, Riyadh, Bahrain have reinforced position as top GCC tourist spots’
GCC region is a hidden gem, offering a distinct blend of Arabic culture and history, Fahim Jalalli, CEO of Kanoo Travel, tells TRENDS in an exclusive interview.
Turkish president Recep Erdogan’s visit reflects growing relations: UAE
Erdogan's visit on Monday will be marked by a visual display on the Burj Khalifa façade, lighting up several landmarks and iconic buildings in the colors of the UAE and Turkey flags, and displaying celebratory messages on electronic panels.UAE indices witness a great week
The Saudi Stock Exchange’s main index TASI started and ended the week with a 0.5 percent rise despite the fluctuation.IHC reports $3.08bn profit
The company posted an all-time-high annual revenue in 2021.ADQ to launch digital bank, after CBUAE grants approval
A new digital bank backed by ADQ, an Abu Dhabi-based investment and holding company, will soon begin operations, after the Central Bank of the UAE gave the approval.Work begins on $6.2bn Borouge 4 project in Abu Dhabi
The facility is being built at the Borouge’s polyolefin manufacturing complex in Ruwais in Abu Dhabi.Sheikh Khaled and Prince William discuss global sustainability initiatives
Chairman of Abu Dhabi Executive Office Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Prince William of the UK discussed their work on globally impactful sustainability initiatives. Sheikh Khaled met Prince William at Jubail Mangrove Park in Abu Dhabi. The two were briefed on Environment Agency - Abu Dhabi's...A gas explosion in downtown Abu Dhabi stokes unease
A gas explosion in downtown Abu Dhabi prompted a warning of a possible attack early on Wednesday following a series of drone and missile assaults by Yemeni rebels.EGA to build an aluminum recycling facility in UAE
Emirates Global Aluminum is looking to set up an aluminum recycling facility with a capacity to churn out 150,000 tonnes per year.Contracts worth $2.3 bn awarded across Aldar development projects
Aldar Properties (Aldar) said on Tuesday that contracts worth more than AED8.5 billion ($2.3 billion) were awarded across its development projects in 2021. Sixteen contracts were awarded spanning infrastructure, residential, commercial, and mixed-use projects in Abu Dhabi. They were awarded to 14 different UAE-based contractors, resulting in a significant contribution...Participants from 42 countries to attend Abu Dhabi Date Palm Conference
The 7th International Date Palm Conference will be held at Emirates Palace Hotel, in Abu Dhabi, from 14th to 16th March, 2022, local media reports said. A total of 475 international researchers, and experts, from 42 countries are likely to attend the conference. Minister of Tolerance and Co-existence Sheikh Nahyan...UAE and China resolve to bolster economic ties
Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and China's President Xi Jinping discussed ways to bolster relations between the two countries during a meeting in Beijing on Saturday. The two leaders also took stock of the latest...Saudi, UAE indices fluctuate through the week
From oil prices to company stocks buoyed by positive results, several factors resulted in changes in key benchmark indices.Aldar Properties of Abu Dhabi put on sale 182 boutique flats
Aldar Properties has announced that all 182 apartments at the second tower of its boutique Reflection project are now available for sale.UAE-Bahraini Light-1 CubeSat launched into orbit from ISS
The UAE-Bahraini Light-1 CubeSat was successfully launched into orbit from the International Space Station, in cooperation with the Japan Aerospace Exploration Agency (JAXA). Light-1 CubeSat is a collaborative initiative of the UAE Space Agency, Bahrain’s National Space Science Agency, Khalifa University of Science and Technology, and New York University (NYU)...Abu Dhabi Judicial Department sells 787 cars for $5 million at auctions
The Abu Dhabi Judicial Department (ADJD) has organized five-car auctions at the Al Mafraq vehicle impound area over the past three months in which 787 cars of different types were sold. The vehicles were sold at competitive prices ranging from AED2,000($544.51) to 255,000($69424.77) and yielded a total of AED18.5m ($5m)...Aldar Education gets $272m
Company's growth plan focused on three locations in Abu Dhabi.ADNOC announces vital gas discovery offshore of Abu Dhabi
The Abu Dhabi National Oil Company (ADNOC) has announced the discovery of natural gas resources offshore of the Emirate of Abu Dhabi. Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession operated by Eni, indicate between 1.5 – 2 trillion standard cubic feet (TSCF)...US to send warship, fighter jets to UAE after Houthi attacks
The deployment, to "assist the UAE against the current threat", follows a phone call between Defense Secretary Lloyd Austin and Abu Dhabi Crown Prince Mohammed bin Zayed Al-Nahyan. The UAE suffered its third missile attack in consecutive weeks on Monday.UAE inflation rate of 2.5 percent displays economic stability: FCSC
UAE's Consumer Price Index (CPI) at the end of 2021 reached 108.62, compared to 105.97 in December 2020, which puts the inflation rate at 2.5 percent year-on-year and at 0.02 percent in December 2021 compared to November. A report from the Federal Competitiveness and Statistics Centre said the rate of...Abu Dhabi Maritime to control ferry services functioning in Emirates
The organization is integrating the Ferry Operations Branch of the Integrated Transport Center under the scope of its services.UAE, Israel discuss ways to boost cooperation under Abraham Accords
Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of Israel, Isaac Herzog, on Sunday deliberated aspects of cooperation under the Abraham Accords Peace Agreement, signed by the two nations in 2020, in addition to a number...UAE, Ethiopia discuss relations, latest regional developments
The discussions are said to have taken place at Qasr Al Watan, the presidential palace.TASI starts low; Emirati markets gain
The Emirati indices managed to show gains throughout the week, while the Saudi index was unchanged.Abu Dhabi non-oil trade in 11 months of 2021 totals $51.78 billion
The non-oil trade through Abu Dhabi ports during 11 months in 2021 amounted to AED190.20 billion ($51.78 bn), an increase of 2.9 percent compared to the same period in 2020. A report released by the Statistics Centre-Abu Dhabi (SCAD) said imports accounted for AED83.63 billion of the non-oil trade and...Abu Dhabi passes new family business ownership law
The new law, issued by the ruler of Abu Dhabi, President Sheikh Khalifa bin Zayed Al Nahyan, aims to further enhance the family-owned business legislative ecosystem by adopting a more flexible and sustainable economic model, in line with best international governance practices.Houthi rebels lose a key district days after UAE attack
Yemen's Houthi rebels were driven out of a key district by the United Arab Emirates-trained Giants Brigade, the militia said Tuesday, a day after the insurgents' latest missile attack on Abu Dhabi.Aldar and EWEC sign clean energy deal
EWEC will supply clean energy to all Aldar owned and managed assets.Houthi militia launch missile attacks on UAE and Saudi Arabia
The UAE air defense forces have intercepted and destroyed two ballistic missiles targeting the country, the Ministry of Defense announced on Monday. On the other hand, Houthi ballistic missiles fell on some car workshops in the Ahad Al-Masarihah governorate in the Jazan region of Saudi Arabia.TASI rises for 10th session, UAE bourses fluctuate
The surge in oil prices fueled the start of the week's high for the Saudi stock market, while the UAE indices fluctuated throughout the week.UAE, Turkey to ink new agreements during Erdogan’s visit: official
The UAE and Turkey are expected to sign new agreements and "renew previous commitments" during the upcoming visit of the Turkish President, Recep Tayyip Erdogan, to the UAE in February, a senior Turkish official said. "Our President’s visit to the UAE is currently confirmed and the preparations are ongoing. This...REIT signs $200m financing commitment with FAB
Masdar Green Real Estate Investment Trust (REIT) has signed a financing commitment to the tune of $200 million with First Abu Dhabi Bank (FAB) to facilitate further acquisitions and portfolio growth.SEHA of Abu Dhabi kicks off cervical cancer awareness drive
Abu Dhabi Health Services Company (SEHA) has launched an awareness campaign about cervical cancer and the importance of vaccination and screening in preventing the disease.Abu Dhabi and South Korea to boost cooperation in life sciences
Abu Dhabi and South Korea have signed a partnership agreement to boost cooperation in the field of logistics and industries of life sciences and biotechnology.UAE demands UNSC meeting after Houthi attacks
Several countries — ranging from regional ones like Qatar, Bahrain, Kuwait, Iraq, and Egypt, to Russia and the US — have come together to condemn the attacks. US National Security Advisor Jake Sullivan has even said his country would “work with the UAE and international partners to hold [the Houthis]...Ferrari World and Warner Bros. break Guinness Records titles
Ferrari World Abu Dhabi and Warner Bros. World Abu Dhabi broke two Guinness World Records titles in celebration of the festive season.11 die in air-strikes on Yemen, a day after Abu Dhabi attack
Eleven people were killed in air strikes on Yemen's rebel-held capital, a witness and medical sources told AFP on Tuesday, as the Saudi-led coalition hit back after a deadly attack on Abu Dhabi.Abu Dhabi’s Blue Carbon Project to check emissions, climate change: EAD
Abu Dhabi's Blue Carbon Project is a promising initiative to prevent increased carbon emissions caused by the destruction of ecosystems, which ultimately leads to climate change, said a top official of the Environment Agency Abu Dhabi (AED). Dr Shaikha Salem Al Dhaheri, Secretary-General of the EAD, said Blue Carbon refers...US vows to hold Houthi rebels accountable for UAE attack
The United Arab Emirates of which Abu Dhabi is the capital is part of a Riyadh-led military coalition that supports Yemen's government against the Iran-backed Houthi rebels, who have repeatedly targeted Saudi Arabia with cross-border strikes.Israeli tech firms line up for UAE manpower
Dozens of Israeli high tech companies are keen to open units in Dubai or Abu Dhabi after Rapyd's decision to open its office in UAE. "The attraction of this option is that it can be a means for companies to lure much needed manpower that cannot be brought to Israel,"...UAE warns of reprisals for ‘Houthi attack’ on Abu Dhabi
The United Arab Emirates threatened reprisals against Yemen's Houthi rebels after suspected drone strikes killed three people in Abu Dhabi on Monday. "The UAE reserves the right to respond to these terrorist attacks and this heinous criminal escalation," a foreign ministry statement said.80 global leaders to address Abu Dhabi Summit ‘virtually’
The Abu Dhabi Sustainability Week summit, hosted by Masdar, will take place virtually on Monday, 17th January. The Summit will take place between 1:00pm – 9:00pm GST, and will convene more than 80 global leaders, including heads of state.GCC markets remain mixed amidst Omicron woes
Despite an increase in Omicron cases across the world, investors remain confident in the Saudi stock market. The UAE markets, meanwhile, stay cautious.UAE, European Union discuss ways to boost cooperation
The meeting was hosted at the UAE Ministry of Finance’s headquarters in Abu Dhabi.Al Dhafra Festival kicks off in Abu Dhabi
The festival is organized by the Cultural Program and Heritage Festivals Committee, and will run till January 22.UAE, European Union discuss ways to boost bilateral cooperation
The UAE and the European Union discussed ways of boosting bilateral cooperation between them to achieve mutual benefit across various fields. This discussion is a part of the UAE’s Finance Ministry commitment to strengthen its relations with various countries, and regional and international financial institutions. The Minister of State for...Tadweer of Abu Dhabi to hold ‘EcoWASTE’ exhibition
The exhibition and forum cover various fields, including recycling and waste management and treatment in the MENA region.Abu Dhabi Department of Culture and Tourism sets $272 business license fee
In a bid to promote the growth of the tourism industry in Abu Dhabi, the emirate's Department of Culture and Tourism has set the annual tourism business license fee at AED 1,000. The department said in a statement the revised fee would be welcome news to existing license holders who...Khalifa Fund allys with eBay to help SMEs export goods
The Khalifa Fund for Enterprise Development has teamed up with eBay as the latest partner of the e-Empower initiative, under the Abu Dhabi Inspires program.Silal picks new CEO
Alameri has 20 years of experience in leading management positions across key economic sectors.ADJA of Abu Dhabi launches “Child-Friendly Justice” drive
The Abu Dhabi Judicial Academy (ADJA) has launched its first training program under the "Child-Friendly Justice" initiative, seeking to bring about a change in the approach to criminal and civil court proceedings.
















































