UAE President, VPs congratulate President of Indonesia on Independence Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Joko Widodo of the Republic of Indonesia on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai; and His Highness Sheikh […]
Etihad Airways records 10.4 million passengers Jan-Jul 2024
Etihad Airways, the national carrier of the UAE, has released its preliminary traffic figures for July 2024. The airline welcomed 1.7 million passengers, achieving a robust average load factor of 89 percent for the month. Etihad Airways CEO, Antonoaldo Neves, said, “Our passenger numbers in July surged by 33 percent compared to the same period […]
UAE Central Bank announces M-Bills auction on 19 August
The Central Bank of the UAE (CBUAE) announced today an auction of Monetary Bills (M-Bills) on 19th August, 2024. The auction includes four issues of M-Bills Treasury bonds. According to CBUAE data, the first issue for 28 days will be up to Dh2,500 million, the second for 56 days will be up to Dh2,000 million, […]
Abu Dhabi Department of Economic Development adds 30 new economic activities to Freelancer Licence
The Abu Dhabi Business Centre (ADBC) at the Abu Dhabi Department of Economic Development (ADDED) has added 30 new activities to the Freelancer Licence. This expansion allows UAE nationals and residents to pursue a wider range of business opportunities, fostering Abu Dhabi’s supportive economic environment that encourages entrepreneurship and facilitates business establishment at minimal cost. […]
AD Ports Group completes Tbilisi Dry Port acquisition to become majority owner
AD Ports Group (ADX: ADPORTS) today announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake. The state-of-the-art, rail-linked, and custom bonded intermodal logistics hub, in Georgia – scheduled to be operational in October 2024 – further strengthens the Group’s role […]
UAE President, VPs congratulate Indian President on Independence Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Droupadi Murmu of the Republic of India on the occasion of her country’s Independence Day. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and His Highness Sheikh […]
59% surge in flight bookings to Abu Dhabi in Q2
Flight bookings to Abu Dhabi soared by 59% in the second quarter of this year compared to the same period last year, according to the World Travel and Tourism Council. The council also reported a 13% rise in flight bookings to Dubai during the same period. Overall, international arrivals in Abu Dhabi and Dubai increased […]
ValuStart report sees a record rise in capital gains for ready homes
The value of most villas in Dubai doubled in the last four years, says a report of ValuStart on residential capital values in Dubai. However, in the case of apartments, only units in Palm Jumeirah have seen their prices double in the last four years. Villa monthly capital gains were at 2.5% compared to 2.4% […]
UAE-Kenya Joint Committee holds meeting to enhance economic cooperation
The fourth session of the Joint Committee between the United Arab Emirates and the Republic of Kenya was held in Abu Dhabi. The meeting was co-chaired by Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, and Musalia Mudavadi, Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs of Kenya. The Joint Committee […]
UAE President, VPs congratulate President of Pakistan on Independence Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Asif Ali Zardari of the Islamic Republic of Pakistan on the occasion of his country’s independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and […]