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United Arab Emirates
Economy
Dubai’s PMI reached in May its highest level in three years
The highest employment index reading since December 2021
Markets
Inclusion of 12.5% of “TECOM” in the Dubai Financial Market via an IPO
Shares are expected to start trading on July 5
Economy
Customer-brand relationship re-established as in-person interaction re-emerges
Brands must re-imagine digital-first experiences that engage customers
Energy
OPEC+ efforts to boost oil output ‘not encouraging’, UAE minister says
"The group was currently 2.6 million barrels per day short of its target"
Energy
‘Dubai Can’ leads to reduction in 1 mn plastic bottles since launch
Results coincide with World Oceans Day
Logistics
Dubai’s Yiwu Market to reshape the future of trade
First smart free-zone market in the region targeting retail, wholesale industries
Markets
Nasdaq Dubai lists Indonesian Sukuk tranches valued at $3.25bn
New listing increases the value of Sukuk listed by Indonesia to $22bn
Technology
Dubai-based Telephony secures transition to Metaverse in MENA
TCTx will allow customers to access digital solutions to grow their businesses
Economy
UAE Central Bank expects growth of 5.4% this year
A strong jump of 8% in oil economy in 2022
Logistics
Canadian fund acquires 22% of UAE “Dubai Ports” assets
It will invest $5 bn in "Jebel Ali Port", "Free Zone" and "Industrial Park"
Logistics
Have you made the switch from buying to renting a car?
If you can’t buy an EV, maybe it’s time to rent one
Energy
Dubai Sustainable Tourism supports World Environment Day
DST to enhance Dubai’s position as a leading sustainable destination
Markets
ADX in London to attract foreign investment
ADX and 9 listed companies to meet with major investment institutions
Markets
FTSE Global Equity Index Series welcomes Abu Dhabi’s Multiply Group
The inclusion comes into effect on Monday 20 June 2022
Economy
UAE non-oil private sector grows strongly despite inflationary pressure
S&P: UAE’s economy"continues to recover strongly from the pandemic
Cars & Boats
The 1000 Miglia Experience set for December 2022
After two years of anticipation, 1000 Miglia is coming to the UAE in its full glory
Energy
UAE hikes fuel prices for June
Petrol up over 13%
Markets
Borouge shares list, trade today on ADX
IPO raised $2 bn, ADX's biggest
Logistics
Aramex to acquire e-commerce platform MyUS in $265 mln deal
The deal will open the opportunity to serve new markets
Technology
New workspace solutions D/Quarters launches in Dubai
The company aims to drive entrepreneurship and innovation
Real Estate
700,000 residential units to be available in Dubai by end of 2022
Over 40,000 flats, villas scheduled for completion over remainder of 2022
Hospitality & Tourism
UAE travel lovers rely on apps to optimize their tourism experience
Poor application experience ruins UAE consumers’ holidays
Health
Abu Dhabi begins restricting the use of plastic bags
Imposing a financial tariff on single-use plastic bags
Hospitality & Tourism
Dubai named number one global meetings destination
Dubai brings largest ever delegation to IMEX Frankfurt
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