February 2023 — Topical news of the United Arab Emirates

February 17, 2023 no comments 204
Three robots will serve the residents of Cedre Villas, a gated community in Dubai Silicon Oasis Food delivery robots will walk the streets of a gated community in Dubai as part of a pilot programme to bolster sustainable last-mile delivery. #RTA in partnership with Dubai...

February 17, 2023 no comments 209
Khalifa University is also developing an AI platform for smart inspection, which will include an algorithm-based model The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has signed two agreements with Khalifa University of Science and Technology. The first aims to...

February 17, 2023 no comments 213
The updates include a one time visa extension for a period of 30 days for 90-day visa holders The UAE’s Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) announced on Wednesday that it has updated 15 services covering visas and entry permits through its smart...

February 16, 2023 no comments 199
Passengers must adhere to prescribed procedures to ensure safe travel Passengers arriving into the UAE or travelling outside of it must declare their possessions, in cash or kind, should they surpass Dhs60,000 in value, or an equivalent amount in any other currency. The...

February 16, 2023 no comments 232
Emaar’s group property sales in 2022 reached $9.5bn, primarily driven by new project launches Dubai’s Emaar Properties has announced that the revenue it earned in 2022 amounted to Dhs24.9bn ($6.8bn). Earnings before interest, taxes, depreciation, and amortisation (EBITDA) and net...

February 15, 2023 no comments 227
The framework will look at accelerating the adoption of distributed photovoltaic systems, and the development of innovative new technologies and business models in emerging markets Masdar has inked an agreement with global development institution, International Finance Corporation...

February 15, 2023 no comments 201
In the five years since its operations in the UAE, the company has grown 10 times in the country Zoho, a technology company, has announced an investment of Dhs100m for expansion in the UAE. On the sidelines of Zoholics Dubai, the annual user conference of the company, Zoho’s CEO...

February 15, 2023 no comments 195
The airline served more than 12.8 million passengers in 2022 from its seven hubs across the UAE, Morocco, Egypt, Armenia, and Pakistan Low cost carrier Air Arabia reported a net profit of Dhs1.2bn for the full year ending December 31, 2022, underpinned by a growth in passenger numbers...

February 15, 2023 no comments 241
Full-year revenues grew by 9.2 per cent to total Dhs12.75bn, while EBITDA increased by 12 per cent to equal Dhs5.14bn UAE’s telecom operator Emirates Integrated Telecommunications Company, better known as du, reported a 10.8 per cent growth in 2022 full year net profit. Net profit...

February 14, 2023 no comments 266
In November last year, DIB priced its inaugural sustainable sukuk, a $750m five-year senior issue with a profit rate of 5.493 per cent per annum Dubai Islamic Bank (DIB) has successfully priced its second sustainable sukuk – a $1bn 5.5-year senior issue with a profit rate of 4.80 per...

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