Hotel occupancy rate points to UAE tourism recovery
The total number of hotel guests in the UAE rose to 10.5 million during the first half of 2022, up from 8.3 million during the same period last year, latest research by Colliers suggests.Gulf states warn Netflix over content that ‘contradicts’ societal values
Riyadh--Saudi Arabia and neighbouring Gulf countries on Tuesday accused streaming giant Netflix of broadcasting content that "contradicts Islamic and societal values" and threatened legal action if it was not removed. A statement issued jointly by the Saudi media regulator and the six-member Gulf Cooperation Council, headquartered in Riyadh, did not...ADJD notarization, authentication transactions jump in August
The Abu Dhabi Judicial Department (ADJD) has achieved a record surge in total notarization and authentication transactions carried out in August 2022 by reaching 13,000 operations.UAE takes part in G20 Health Working Group in Indonesia
UAE's Ministry of Health and Prevention (MoHAP) has taken part in the G20 Health Working Group (HWG3) meeting in Indonesia to discuss strengthening global health infrastructure through expanding manufacturing and research hubs for pandemic prevention, preparedness and response.UAE takes another step to be space technology leader
"We want to attract startups and SMEs so they can prove themselves in the space industry and boost research projects”, Abdulla Al Marar, of the UAE Space Agency, tells TRENDS.DMCC puts on display world’s largest pink diamonds at DDE
DMCC has hosted the unveiling of one of the world’s largest internally flawless fancy vivid pink diamonds – the "Williamson Pink Star" – at the Dubai Diamond Exchange (DDE).Dubai records over US$653m in realty transactions on Monday
DUBAI, UAE - Dubai real estate market recorded 568 sales transactions worth US$373 million (AED1.37 billion) on Monday, data released by Dubai's Land Department (DLD) showed. Additionally 93 mortgage deals of $53 million ( AED197.58 million) and 23 gift deals amounting to $233 million (AED858.27 million), the DLD revealed. The...UAE Arab world’s best paymaster
The lowest average monthly salary is paid in Sri Lanka (US$143.62) and the highest in Switzerland (US$6142.1), according to a latest survey.ADNOC announces $548m contract for Lower Zakum field
Abu Dhabi National Oil Company (ADNOC) Monday announced the award of a US$548 million (AED2.01 billion) contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi.Green hydrogen production in UAE to touch 5.7m tonnes in 2030
Innovative technologies to produce green hydrogen using clean and renewable energy are witnessing rapid developments and studies indicate that green hydrogen production will increase by 57 percent annually to reach 5.7 million tonnes in 2030.Recent floodings in UAE call for sustainable infra
It is a wake-up call that warns of a bigger disaster in cities like Dubai and Abu Dhabi if quick steps aren't taken to deal with heavy rainfalls, Dake Rechsand CEO tells TRENDS.UAE approves code for education professionals
The UAE Ministry of Education has approved the Code of Conduct for professionals in the sector to set up clear, public ethical standards, rules and principles of conduct.Pure Health to invest US$500m
It will buy stake in a US healthcare firm Ardent.Saudi banks’ assets surpass UAE peers first time since 2007
Based on June data of Saudi and UAE central banks, the aggregate assets of Saudi banks (3.529.1 trillion) exceeded those of UAE peers (AED 3.449.2 trillion) for the first time since 2007, taking into account the official exchange rate of AED 1 equals SAR 1.02.UAE keen to work with global partners to address energy issues
A senior UAE official at the Ministry of Energy and Infrastructure said that his country is committed to collaborating with the international community to confront challenges facing the global energy sector.Latest technologies glamorize Gulf cosmetic industry
The UAE leads the region with adoption of developed regulations as technologies such as AI and VR have revolutionized the diagnostics and treatments in the aesthetic sector.DEWA’s R&D Center registers patent for robotic carrier
Dubai Electricity and Water Authority (DEWA) 's Research and Development (R&D) Center has registered its sixth patent for a user-friendly robotic carrier to transport and lift solar photovoltaic panels easily from any surface.UAE, India FMs stress close ties at Joint Committee meeting
The UAE top diplomat said that the ongoing dialogue between the two countries has led to the launch of the CSP in 2017, and the signing of the CEPA in 2022.ADNOC’s first shipment of low-carbon ammonia leaves for Germany
Abu Dhabi, UAE: Abu Dhabi National Oil Company (ADNOC) announced on Thursday that its first shipment of low-carbon ammonia has left the UAE bound for Hamburg, Germany. This is the first ever cargo of low-carbon ammonia to be shipped to Germany. The demonstration cargo will be delivered to Aurubis, a...Markets volatile, world economy likely to grow 3.2% in 2022
As the world economy struggles to recover from the after-effects of the pandemic, financial markets are more volatile than ever.UAE calls for global solidarity at environment ministers meet
UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Joint Environment and Climate Ministers’ Meeting as part of the G20 Summit in Indonesia.CBUAE says gross banks’ assets vault to $939bn in June
The growth in total bank deposits was due to the rise in resident deposits by 2.6% and non-resident deposits by 2.0%.Small plane crashes near UAE Grand Mosque, pilot hurt
The Cessna single-engine plane was approaching an exclusive airport for private jets in the UAE capital's center when it came down near the white marble landmark, the country's biggest mosque.UAE’s 10 largest banks reap second quarter windfall
Banks in the UAE held a 22.4 percent market share of the assets in the Arab banking sector, followed by Saudi banks with a 21.7 percent market share.Ashok Leyland bags 1,400-bus order
This is the company's biggest UAE order for school buses.CBUAE imposes sanctions on ‘exchange house’ for violations
The Central Bank of the UAE (CBUAE) has imposed sanctions on the owner and general manager of an exchange house in the country for breaking regulations of the bank.GCC hospitality looks at more sustainable practices
'Eco-friendly travelers' are gradually putting pressure on hospitality businesses in the Gulf region to incorporate green concepts and sustainability practices into service delivery.Sharjah Chamber set to organise ‘Al Maleh and Fishing’ Festival
The Sharjah Chamber of Commerce and Industry (SCCI) has announced it will be organizing "Al Maleh and Fishing" Festival in cooperation with the Dibba Al Hisn Municipality and Municipal Council.Amazon Web Services unveils the AWS Middle East (UAE) region
Abu Dhabi, UAE - Amazon Web Services (AWS) announced Tuesday the launch of its second Region in the Middle East, the AWS Middle East (UAE) Region. AWS estimates that its projected spending on the construction and operation of the new Region will support an average of nearly 6,000 full-time jobs...UAE to allow multiple-entry visas for Qatar World Cup fans
The facility will be available for the holders of the "Hayya" card issued by FIFA World Cup Qatar 2022, which is reserved for ticket holders and used to access Qatar during the tournament being held from November 20 to December 18.DMCC welcomes 15 companies for training program
Dubai Multi Commodities Centre (DMCC), the Government of Dubai Authority on commodities trade and enterprise, has announced that 15 companies have been selected to participate in the DMCC Impact Scale-Up Program.DEWA ranks as 3rd most valuable utility brand in Middle East
Dubai Electricity and Water Authority (DEWA) has been ranked the third most valuable utility brand in the Middle East and the third fastest growing brand in the UAE according to the annual report issued by 'Brand Finance'.Hub71 picks latest cohort of tech startups from nine countries
Hub71, Abu Dhabi's global tech ecosystem, has selected its latest cohort of tech startups from a large number of applicants worldwide that chose to setup and scale from the UAE's capital. For the next two years, the new cohort will participate in Hub71's Incentive Programme, benefiting from equity-free incentives worth...UAE tops MENA region in business, technology skills
The UAE -- rated 69th globally in technology skills and 67th in data science -- has a significant chance to improve mastery of human cadres in achieving digital transformation.State Grid Corporation of China opens first office in UAE
Dubai, UAE: State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in the region by setting up an office in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. This is...UAE launches net-zero drive for firms
The Ministry of Climate Change and Environment (MoCCAE) Monday launched the UAE Climate-Responsible Companies Pledge. The pledge aims to increase the engagement of the private sector in the country’s decarbonization drive, in line with the UAE Net Zero 2050 Strategic Initiative.CBUAE launches new website with various services
The Central Bank of the UAE (CBUAE) has announced the launch of a new corporate website with various interactive digital services in promoting financial stability and meeting the aspirations of the consumers.Ruwad supports 957 projects totalling $9 million
Sharjah acquired 67 percent of the new projects, while eastern region got 21 percent and the central region 12 percentWomen take lead in UAE, invest $9.42bn in 8 months at ADX
Some $9.42 billion have been invested in the financial markets by Emirati women during the last eight months of the current year, according to figures shared by the Abu Dhabi Securities Exchange (ADX).Dubai to host international museums conference in 2025
Dubai has officially begun its journey as the host of the 27th International Council of Museums (ICOM) General Conference 2025 after formally receiving the flag from Prague, the host city of the 2022 edition of the conference.Dogs take to gym to beat UAE heat
With temperatures soaring above 45 degrees Celsius, dogs have found a unique way to beat the heat of the UAE: a three-times-a-week workout in an air-conditioned gym.Heavyweight stocks lift up Saudi, UAE markets
After a nervous start to the week, the big stocks of the GCC, Al-Rajhi Bank, Retal Urban Development Company, and Emaar, boost the Saudi and the UAE markets, posting gains all around.Electronic payments scan more success than cash
Despite ease in the measures set to combat the COVID-19 pandemic, electronic payments in the Gulf countries surged more than cash transactions in several other Arab countries.Pakistan Prime Minister Shehbaz to visit UAE next month
This would be Shehbaz Sharif’s second visit to the UAE, but the first official visit since he assumed office.UAE stock markets post gains of $2.26 billion on Friday
Dubai General Index (DFMGI) advanced 0.007 percent to 3,462.890 pts as blue-chip developer Emaar properties continued to hike, closing higher at AED6.100 after drawing $42.47 million in cash flowsDigital transformation in Gulf region not agile enough
It's crucial to identify the right working model to fix the challenges of digital transitions in the GCC, Nick Curran, Business Development Manager at Endava, tell TRENDS.Agreement signed to implement Abu Dhabi Agri Genome Program
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) signed a collaboration agreement with the Khalifa Centre for Genetic Engineering and Biotechnology (KCGEB) to implement a detailed implementation plan for all phases of Abu Dhabi's Agricultural Genome Programme. Launched by ADAFSA in collaboration with some national research centres, the programme,...Argentina seizes 1.6 tons of cocaine headed for Dubai
Argentine authorities seized 1.6 tons of cocaine hidden in animal feed destined for Dubai and detained 12 people, police said on Friday.Weeklong real estate deals worth $2.3 billion recorded in Dubai
Dubai recorded a total of 2,739 transactions with a combined value of AED8.4 billion ($2.3 billion) during the week ending Aug. 26, the Dubai Land Department (DLD) said. The transactions included the sale of 274 plots for AED1.36 billion and 1,902 apartments and villas for AED4.35 billion. The biggest deal...DEWA organizes virtual seminar, 90 Turkish firms participate
Dubai Electricity and Water Authority (DEWA) has organized a virtual seminar with 90 leading Turkish companies in the energy and water sectors.




















































