News

The recent acquisition of Cyacle, an Abu Dhabi-based bike-sharing company, by MENA’s leading ride-hailing app Careem, reflects the growing influence of Emirati-owned startups and small and medium enterprises, SMEs, in the local business scene. The acquisition was reportedly part of Careem’s strategy to offer complete mobility solutions to more MENA …

ADNOC LNG announced today it has concluded supply agreements with subsidiaries of BP and TOTAL, effectively booking out the majority of its LNG production through Q1 2022. With the transactions, ADNOC LNG has continued to expand its footprint into new regions and markets. The agreements were signed by officials from …

Dubai Criminal Court sentenced an Asian worker to life imprisonment after being charged of strangling his colleague to death at their workplace in an under construction building. A witness stated that the defendant did not want to leave the UAE for fear of returning to his homeland, preferring to go …

Banks holiday on the occasion of Commemoration Day and National Day will be from Sunday December 1 to Tuesday December 3.

Etihad Airways, the national airline of the UAE, will commence a fourth daily flight from Abu Dhabi to Riyadh, the capital of Saudi Arabia, from 8th December. The additional service will be operated by an Airbus A320 configured with eight seats in Business and 150 seats in Economy, said a …

Dubai Mercantile Exchange (DME), the premier international energy futures exchange in the Middle East, today announced a 21% increase year-on-year in exchange trading activities, along with 172% increase in forward curve trading, following Saudi Aramco’s adoption of DME Oman in its official selling price in October 2018. In 2019, DME …

Under the patronage of H.E. Eng. Sultan Bin Saeed Al Mansoori, Minister of Economy – ESMA Chairman of Board of Directors. The two days’ conference organised by the Emirates Authority for Standardization and Metrology (ESMA), will be held on 26 – 27 November 2019 at the Grand Hyatt, Dubai, The …

Dubai Public prosecution referred two Asian men to the Criminal Court after being charged of robbery on the public road, carrying a white weapon and threatening to kill after they stole a mobile phone from another Asian person by deceiving him. In detail, the operations room has received a report …

The Integrated Transport Centre (ITC) in Abu Dhabi announced that GCC-registered vehicles can now pay for parking fees using SMS by a UAE mobile phone number (Etisalat or Du). The service is offered to facilitate Mawaqif services offered to the residents and visitors of Abu Dhabi.   Noting that “Mawaqif” …

A Yemeni man stabbed three performers during a live play in the Saudi capital Monday, police said, in the first such attack since the ultra-conservative kingdom began easing decades-old restrictions on entertainment.The assailant was arrested after state television footage showed him stomping onto the stage in Riyadh’s King Abdullah Park …