Multiply Group’s unit MG Wellness acquires stake in LVL Technology

Abu Dhabi-based Multiply Group’s wellness-focused subsidiary, MG Wellness Holding has acquired 49.38 percent equity interest of LVL Technology. LVL Technology Holding’s LVL Wellbeing is a corporate wellbeing platform that provides individual, team, and corporate wellbeing practices that contribute to a healthier work or life balance. The company said in a statement that “the investment will […]

DCT Abu Dhabi cuts hotel fees to support tourism sector

The Department of Culture and Tourism – Abu Dhabi (DCT – Abu Dhabi) has reduced government fees applied to hotels in the emirate, supporting the continued growth of the hospitality and tourism sector, and enhancing Abu Dhabi as a leading global leisure and tourism destination. The government fee amendments include reducing a tourism fee issued […]

Dubai’s taxi sector posts 10% growth rate in trips for H1 2023: RTA

The taxi sector in Dubai has experienced a substantial growth rate of 10 per cent during the first half of 2023 in comparison to the same period last year, reported the Roads and Transport Authority. Adel Shakri, director of Planning and Business Development at RTA’s Public Transport Agency commented on the performance. “This key sector […]

Dubai Customs increases services as vacation travellers return to UAE

Dubai Customs said it has stepped up its readiness to ensure the smooth movement of homecoming passengers during the post-summer vacation period.   The Passenger Operations Department of Dubai Customs said it had made preparations to facilitate procedures and speed up the flow of arrivals through the Dubai International Airport (DXB). Dubai Customs ramps up […]

Dubai Chamber of Digital Economy attracts 69 startups in H1 2023

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, attracted 69 startups to the emirate in the first half of the year, as part of the chamber’s broader strategy to advance the Dubai Economic Agenda (D33). The chamber conducted 12 roadshows in the first half of 2023. It held meetings with […]

Black Cobra & NFFSP collaborate on specialized footwear design & manufacturing

Black Cobra Military Supplies (BCMS), a tactical gear manufacturer based in Abu Dhabi, and the National Factory for Safety and Security Products (NFFSP) have signed a Memorandum of Understanding (MoU) that outlines principles of a collaborative partnership between the two entities in the field of specialized footwear design and manufacturing for the MENA region. Facilitated […]

Abu Dhabi & Europe forge air connectivity deal to promote tourism

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has struck a Memorandum of Understanding (MoU) with Franco-Dutch airline Group Air France-KLM, forging a strategic partnership that will enhance connectivity between Abu Dhabi and Europe further positioning the emirate as a preferred tourist destination. The signing ceremony was held at the Louvre […]

UAE to set up world’s 1st national system for carbon credits using blockchain

The UAE Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group (IIG), the world’s leader in the area of security printing, biometric systems and global systems for national and corporate entities, and Venom Foundation, the first crypto foundation licensed in UAE’s ADGM , have signed Memorandum of Understanding (MoU) to establish the world’s […]

Safe Haven Solutions to build high-tech greenhouse at ADQ’s AgTech Park

ADQ, an Abu Dhabi-based investment and holding company, has partnered with Safe Haven Solutions, a Netherlands-based climate-smart agriculture solution provider, to construct a high-tech greenhouse at ADQ’s AgTech Park in KEZAD. The automated 10-hectare facility will leverage advanced agricultural technology to increase sustainable food production in the UAE. Designed to be sustainability-focused, the greenhouse facility […]

UAE’s Hardington Residential inks exclusive contract with Barratt London

UAE-based Hardington Residential has signed an exclusive contract with Barratt London, part of the UK’s largest housebuilder Barratt Group, in order to market the company’s latest London developments to MENA investors. The new partnership, the first of its kind for Barratt London in the region, will capitalize on Hardington Residential’s combined 75 years of real […]