Two Key Dubai Customs Centers Demonstrate Vigilance: Over 181,000 Inspections and 30 Seizures in 2023

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Dubai Customs keeps pace with the rapid development of the Emirate of Dubai by enhancing the department’s ability to protect the community. This is achieved through improving the readiness of its customs centers and elevating their performance levels in combating all attempts to smuggle prohibited materials into the UAE through Dubai’s border crossings. The Creek & Deira Wharfage, and Hamriyah Port customs centers, which fall under the Sea Customs Centers Management, are among the centers that contribute effectively to community protection. In 2023 alone, these centers conducted 181,062 inspections, resulting in 30 major seizures. Continuously, the two centers consistently succeed in facilitating maritime trade. They processed 110,483 customs declarations.

Rashid Al-Dhabbah Al-Suwaidi, Acting Director of Sea Customs Centers Management emphasized the significance of the achievements at these centers in community protection while facilitating maritime trade. This is achieved through developing the capabilities of customs inspectors and equipping them with the necessary skills to carry out inspection operations promptly. The efficiency of inspectors and the advanced level of inspection devices at maritime customs centers, such as the giant X-ray container scanner at Hamriyah Port Customs Center, support increased inspection operations.

Al Suwaidi added, “We are committed to enhancing the development of  the Creek & Deira Wharfage, and Hamriyah Port customs centers through the implementation of new projects and mechanisms in inspection. These projects support the capabilities of the centers in inspecting goods, dhows, and ships used in fish trade, allowing us to achieve the best levels of success in implementing customs seizures to protect the community from the risks and harms of attempted smuggling of prohibited materials.”

The Acting Director of the Sea Customs Centers Management emphasized that Dubai Customs applies the highest international standards and best practices to enhance the skills and capabilities of customs inspectors. Our customs centers have proven their ability to efficiently detect smuggling attempts, regardless of the camouflage and concealment methods used. Inspectors at our customs centers, with their experience and efficiency in conducting inspection operations, are able to access prohibited materials and prevent their entry into the UAE through Dubai’s border crossings.

Etihad Airways celebrates inaugural flight to Boston

  • First flight from Abu Dhabi to the vibrant American city touched down on 31 March 2024
  • Boston is now the airline’s fourth destination in the United States, joining Chicago, New York and Washington, along with services to Toronto in Canada
  • New route to Boston Logan International Airport offers business and leisure travellers gateway connections across the Middle East and India

ABU DHABI, UAE – Etihad Airways, the national airline of the UAE, touched down for the first time in Boston on Sunday, marking the launch of regular services between Abu Dhabi and the US city, strengthening ties and enriching travel options for passengers.

The inaugural flight, EY147, was celebrated at Abu Dhabi Airport before take-off, and on arrival in Massachusetts, Etihad’s captains waved UAE and US flags from the cockpit to celebrate the start of the carrier’s fourth non-stop service to America.

The new service operates on Mondays, Wednesdays, Fridays and Sundays using a state-of-the-art Boeing 787-9 Dreamliner, featuring the airline’s acclaimed Business Studios and Economy Smart seats. With 28 seats in Business and 262 seats in Economy boasting entertainment systems, in-seat power, and in-flight Wi-Fi connectivity, passengers can expect a comfortable and enjoyable travel experience, complemented by world-class service and hospitality.

“We are thrilled to inaugurate flights to Boston, further extending our reach across the United States and enhancing connectivity for travellers,” said Etihad’s Chief Executive Officer Antonoaldo Neves.

“This new route not only brings the allure of Abu Dhabi and Dubai to the American Northeast but also signifies our commitment to delivering exceptional travel experiences and fostering global connections.

“The new route is timed to offer convenient links to our growing network for corporate business travellers and leisure guests connecting to destinations across the Middle East and our 11 routes across India.”

“Massport is pleased to welcome Etihad Airways to Boston Logan International Airport with their new flight to Abu Dhabi,” said Massport Interim CEO and Aviation Director Ed Freni. “This route provides a key connection between Boston and the UAE, and New Englanders now have even more options when planning a trip to the Middle East and beyond.”

As one of America’s most culturally diverse and dynamic cities, Boston offers a tapestry of historical landmarks, culinary delights, and vibrant neighborhoods, enticing visitors from Abu Dhabi to immerse themselves in its rich heritage and warm hospitality.

Boston joins Chicago, New York, and Washington as Etihad’s fourth destination in the United States, complementing existing services and reinforcing the airline’s dedication to facilitating seamless travel experiences. Additionally, flights to Toronto in Canada further expand Etihad’s North American footprint, providing passengers with enhanced accessibility and convenience.

Etihad’s partnership with JetBlue ensures convenient connections to numerous cities throughout North America, unlocking endless possibilities for exploration across the continent.

The launch of the Boston route signifies more than just a new travel option; it symbolizes the deep cultural and educational ties between Abu Dhabi and Boston. Emiratis, past and present, hold Boston dear to their hearts, with many having studied in its prestigious universities. Moreover, significant investments in healthcare and education sectors have fostered enduring collaborations, driving progress and innovation in both regions.

Emirates Awarded Certified Autism Center™ Designation for all Check In Facilities in Dubai

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Dubai, UAE, 1 April 2024: Furthering Dubai’s commitment to accessible travel and in time for World Autism Awareness Day on 2 April; Emirates has achieved a Certified Autism Center™ Designation for all of its Dubai Check In facilities – Emirates City Check-in & Travel Store in DIFC, Emirates Cruise Check In – Port Rashid, Emirates Cruise Check In – Dubai Harbour and Emirates City Check-In Ajman, in addition to the Emirates’ dedicated hub in Terminal 3 at Dubai International Airport (DXB).

The certification, awarded by the International Board of Credentialing and Continuing Education Standards (IBCCES) ensures that all Emirates facilities in Dubai have taken a significant step towards making travel more inclusive and accessible to neurodiverse customers, meeting criteria required for a comfortable and supported travel experience.

As part of the designation, Emirates employees at the various facilities underwent specialized training on autism and sensory awareness, to equip them with the understanding and skills to address needs of autistic travellers or those with sensory sensitivities, along with their families. Comprehensive facilities audits were conducted across the locations, measuring all sensory inputs in public areas such as sound levels, lighting, and potential sights and smells to develop sensory guides, empowering travellers to make informed decisions and choose the environment that best suits their needs and preferences.

This achievement builds on the recent recognition of Dubai International Airport as the first international airport to earn the designation from IBCCES and aligns with the Department of Economy and Tourism’s (DET) vision of becoming the first Certified Autism Destination™ (CAD) in the Middle East.

Emirates’ City Check-Ins across Dubai offer a seamless and stress-free pre-airport experience in convenient and easily accessible locations, where Emirates customers can check in for flights up to 24 hours in advance, drop off luggage between four and 24 hours before departure, and choose between agent-assisted check-ins, robot-assisted check-ins, or self-service kiosks, allowing a more relaxed travel experience. 

Mohammed H. Mattar – Emirates DSVP Airport Services commented:

“As a global airline, Emirates is committed to providing a seamless travel experience for everyone. We recognize the challenges customers with autism and sensory sensitivities face in airport environments. That’s why we’ve proactively partnered with Dubai’s DET and IBCCES to certify all our city check-in locations across the UAE. This initiative is a crucial step forward in our ongoing mission to make travel inclusive and accessible for all.” 

Myron Pincomb, Chairman of the Board for IBCCES remarked:

“Emirates is known worldwide for its exceptional guest service. Checking in for a flight is one of the most stressful segments of the whole travel experience. With the completion of the facilities, audit and the addition of the new sensory guides, the check-in procedure at the Check-in facilities will be more accommodating for people of determination, and especially those with sensory challenges.”

By working together – Emirates, Department of Economy and Tourism and Dubai Airports in collaboration with the General Directorate of Residency and Foreign Affairs, Dubai Police and Dubai Customs, are making travel more inclusive and accessible for all, reflecting Dubai’s commitment to becoming a leading destination for travellers with diverse needs.

IBCCES also created AutismTravel.com, a free online resource for families that lists certified destinations and connects families to other resources and each other. Each destination listed on the site has met the CAC requirements.

About IBCCES

Delivering The Global Standard For Training and Certification in The Field of Cognitive Disorders – IBCCES provides a series of certifications that empower professionals to be leaders in their field and improve the outcomes for the individuals they serve. These programs are recognized around the world as the leading benchmark for training and certification in the areas of autism and other cognitive disorders. 

Saeed Al Tayer discusses enhancing cooperation in water and renewable and clean energy with UK Consul General in Dubai

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HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), welcomed HE Oliver Christian, Consul General of the United Kingdom in Dubai and the Northern Emirates. The two parties discussed enhancing cooperation between DEWA and British organisations in the water, and renewable and clean energy sectors.

Al Tayer welcomed the UK Consul General and reviewed DEWA’s pioneering and innovative initiatives and projects to promote sustainability and a green economy, in line with its vision to be a globally leading sustainable innovative corporation committed to achieving net-zero by 2050. This supports the Dubai Clean Energy Strategy 2050, the Dubai Net Zero Carbon Emissions Strategy 2050, and accelerates the pace of energy transformation into a green, circular, and sustainable economy, in line with the global transformation in the energy sector by increasing the share of clean and renewable energy.

Al Tayer emphasised that DEWA is focusing its efforts on decarbonisation and promoting climate action. DEWA has set ambitious goals to reduce greenhouse gas emissions and increase the share of renewable energy in its energy mix. DEWA provides its services to more than 1.2 million customers in Dubai, according to the highest standards of efficiency, reliability, and availability. By the end of 2023, DEWA’s installed capacity reached 15.7 GW of electricity and 495 million imperial gallons per day (MIGD) of desalinated water. In line with its commitment to achieving Dubai’s ambitions to reach net zero by 2050, DEWA continues developing the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world using the Independent Power Producer (IPP) model. By the end of last year, the solar park’s production capacity reached 2,627MW. By 2030, it will reach more than 5,000MW using photovoltaic solar panels and concentrated solar power (CSP).

Al Tayer said that in terms of benchmarking studies, last year DEWA came in the top position globally in more than 10 KPIs in its areas of work, surpassing prominent utilities in Europe and the USA in all global competitiveness indicators. DEWA recorded 2% losses in electricity transmission and distribution networks in 2023 compared to 6-7% in Europe and the USA, and 4.6% water network losses in 2023 compared to around 15% in North America. DEWA also recorded just 1.06 minutes per customer, breaking its record of 1.19 minutes per customer in 2022. This is compared to around 15 minutes recorded by leading utility companies in the European Union,” added Al Tayer.

HE Oliver Christian expressed his interest in cooperating with DEWA in its pioneering projects in clean and renewable energy and water. He commended the bilateral relations between the UAE and the UK. He also applauded DEWA’s tireless efforts to promote the sustainable development of Dubai.

The Advent of the Bespoke AI Era

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Fifty years ago, in 1974, Samsung Electronics introduced its first refrigerator, washing machine, and air conditioner to the world. In the time since, we have continuously pushed the boundaries of innovation in digital appliances.

Fast forward to five years ago, in 2019, when Samsung debuted its first Bespoke appliances. These products were made to transform users’ daily lives with customized features and optimized designs. Now, we are set to usher in a new era of AI appliances, featuring cutting-edge artificial intelligence (AI) and SmartThings-based connectivity.

Ahead of the global product launch event on April 3, this editorial will explore how AI appliances and inter-connected smart homes are about to transform our understanding of modern home life.

Why Security Is the Foundation of Bespoke AI Appliances

A recent study conducted by market research firm Ipsos highlights the significance of security in the age of AI. The study surveyed 17,000 people across 17 countries, using the title of “Our Life With AI: The reality of today and the promise of tomorrow.” A key finding was that 42 percent of respondents identified “better security” as a very important application for AI, with an additional 44 percent deeming it somewhat important.

AI technology is brimming with potential, but even the best AI will not be worthwhile if it fails to protect users — in fact, it could be dangerous. And this is why security stands at the core of Bespoke AI appliances. We have prioritized security throughout our product development to ensure users can get all the benefits of AI-based digital appliances, while experiencing peace of mind.

Our AI appliances are protected by Samsung Knox to ensure safe usage. A blockchain-based Knox Matrix monitors and protects Samsung’s inter-connected appliances.

Our newest AI appliances, the Bespoke 4-Door Flex™ Refrigerator with AI Family Hub™+ and the Bespoke Jet Bot Combo™ AI, have earned the Diamond level rating for their Internet of Things (IoT) security capabilities from UL Solutions, a global verification company. This rating represents the highest level of IoT security, a distinction that no other home appliance in the world has achieved to date.

But Samsung hasn’t stopped there. We are always researching new technologies that can further enhance the safety of AI appliances and smart homes.

Using AI Appliances to Advance Society

At Samsung, we aspire to develop appliances that go beyond mere convenience for the sake of convenience. Our goal is to create AI appliances that accomplish two things: they are readily accessible for everyone, and they contribute to society by reducing environmental impact.

Samsung’s latest all-in-one washer and dryer boasts a large 7-inch LCD touch screen designed for easy operation, catering to users with varying abilities. With Bixby integration, controlling the machine using voice commands is also possible, ensuring wider accessibility. Furthermore, the convenience of Samsung’s Auto Open Door allows users to effortlessly open the refrigerator with just a light touch. And the new washer and dryer also automatically opens its door upon completion of the wash and dry cycle. The combined result of all these improvements is that our appliances are now more user-friendly than ever.

As for the role our products play in society, we are leveraging next-generation technology to reduce environmental impact. This includes using AI to decrease energy usage in appliances and employing enhanced semiconductors to reduce the power consumption and carbon emissions of refrigerators. We are also developing technology that enables continuous use of air purifiers without the need for regular filter replacements.

Bespoke AI Appliances: The Pinnacle of AI Technology

Our 2024 appliance lineup represents the pinnacle of AI integration. Designed to significantly ease the burden of household chores, these appliances incorporate a range of sensors, recognition technology, big data analytics tools, powerful AI chips, and the Tizen OS.

With these capabilities, the way in which appliances are used will undergo a complete transformation. The large displays integrated into Family Hub™ refrigerators and the 7-inch display on Samsung’s latest all-in-one dryer and washer allow easy control and monitoring of appliances throughout the house. Moreover, you can conveniently control the main functions of the product using a smartphone, without having to search for a remote control or fiddling with buttons. This revolutionizes home life.

This year, we’re also planning to incorporate generative AI into Bespoke AI appliances, which will allow users to operate them through natural conversation — much like chatting with family members. Building on SmartThings and the strength of AI appliances, will introduce over 100 diverse inter-connecting experiences that Samsung appliances can offer.

At Welcome to BESPOKE AI on April 3, you’ll have the opportunity to witness Samsung’s groundbreaking AI appliances for 2024. Our products not only prioritize security, but also consider our society and environment. Join us as we embark on this journey to shape the future of Bespoke AI appliances.

Gold hits record high as US inflation data cements June rate cut bets

WORLD CAPITALS, 1st April, 2024 (WAM) — Gold prices rose to a record high on Monday, as a softer US inflation reading cemented bets that the Federal Reserve would deliver its first interest rate cut of the year in June.

According to Reuters, spot gold was up 1.2% at $2,258.12 per ounce, as of 0529 GMT, after hitting an all-time high of $2,265.49 earlier in the session. US gold futures gained 1.8% to $2,279.10.

Spot silver rose 0.9% to $25.19 per ounce, platinum was up 0.5% at $912.90 and palladium climbed 0.7% to $1,021.77.

Etihad Airways celebrates inaugural flight to Boston

ABU DHABI, 1st April, 2024 (WAM) — Etihad Airways touched down for the first time in Boston on Sunday, marking the launch of regular services between Abu Dhabi and the US city, strengthening ties and enriching travel options for passengers.

The inaugural flight, EY147, was celebrated at Abu Dhabi Airport before take-off, and on arrival in Massachusetts, Etihad’s captains waved UAE and US flags from the cockpit to celebrate the start of the carrier’s fourth non-stop service to America.

The new service operates on Mondays, Wednesdays, Fridays and Sundays using a state-of-the-art Boeing 787-9 Dreamliner, featuring the airline’s acclaimed Business Studios and Economy Smart seats.

“We are thrilled to inaugurate flights to Boston, further extending our reach across the United States and enhancing connectivity for travellers,” said Etihad’s Chief Executive Officer Antonoaldo Neves.

He added, “This new route not only brings the allure of Abu Dhabi and Dubai to the American Northeast but also signifies our commitment to delivering exceptional travel experiences and fostering global connections. The new route is timed to offer convenient links to our growing network for corporate business travellers and leisure guests connecting to destinations across the Middle East and our 11 routes across India.”

“Massport is pleased to welcome Etihad Airways to Boston Logan International Airport with their new flight to Abu Dhabi,” said Massport Interim CEO and Aviation Director Ed Freni. “This route provides a key connection between Boston and the UAE, and New Englanders now have even more options when planning a trip to the Middle East and beyond.”

Boston joins Chicago, New York, and Washington as Etihad’s fourth destination in the United States, complementing existing services and reinforcing the airline’s dedication to facilitating seamless travel experiences. Additionally, flights to Toronto in Canada further expand Etihad’s North American footprint, providing passengers with enhanced accessibility and convenience.

AD Ports Group issues 2023 annual report

ABU DHABI, 1st April, 2024 (WAM) — AD Ports Group, a leading facilitator of global trade, logistics, and industry, today issued its 2023 Annual Report.

The report highlights significant achievements for the Group that expanded its international footprint significantly in 2023, particularly following the integration of Noatum, a global logistics platform with a presence in 27 countries and a leader in automotive logistics services in Europe. Moreover, a series of ports, terminals, maritime and shipping agreements in Jordan, Egypt, Pakistan, Republic of Congo, Kazakhstan and Uzbekistan, supported doubling the Group’s revenue and extended its global reach to 46 countries.

AD Ports Group’s vertically integrated businesses Clusters, including Ports, Economic Cities and Free Zones, Maritime and Shipping, Logistics, and Digital, have enabled the Group to become one of the fastest-growing enablers of trade, industry and logistics, whose integrated synergistic businesses are dedicated to leading the future of global trade with innovative, end-to-end supply chain solutions, world-class infrastructure, and smart new routes for a changing world.

Commenting on the report, Falah Al Ahbabi, Chairman of AD Ports Group, said, “Through bold, value enhancing acquisitions, and strategic expansions in the Arabian Gulf, Red Sea, Caspian Sea, Africa, and around the world, AD Ports Group in 2023 transformed into a world-class facilitator of global trade and logistics, in line with the economic diversification objectives set by the UAE’s visionary leadership. In a year of rising global market uncertainty, the Group’s record revenue and profits underlined, once again, its resilience and core strength, as well as its value to shareholders.”

Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said, “2023 was one of the most dynamic periods of growth in the history of AD Ports Group. We expanded our maritime, shipping and ports footprint into Jordan, Egypt, Pakistan, the Republic of the Congo, Uzbekistan, and Kazakhstan, and in addition we transformed our logistics business by acquiring Noatum, an integrated provider active in 27 countries and a leading in the automotive logistics sector in Europe.”

He added, “Moving forward into 2024, we plan to continue in delivering value to our customers, shareholders and the communities we serve. With the guidance of the UAE’s wise leadership, our strategic focus will be to leverage our cutting-edge infrastructure and advanced fleet, for further dynamic growth both regionally and internationally.”

Strategic Direction

The Group’s growth strategy is underscored by a prudent and risk-aware approach, leveraging its stable revenue streams and favourable macroeconomic conditions to drive expansion. This multifaceted strategy combines the operational enhancement of current assets with strategic mergers and acquisitions both within the domestic market and internationally.

Central to this strategy is the Group’s aim to strengthen its presence in Abu Dhabi and the UAE, whilst pursuing targeted growth in the regional market, and establish a significant global footprint in the logistics and trade services sector.

The Group’s focused inorganic growth strategy focuses on strategic investments to proactively pursue opportunistic complementary, synergetic, and value-added investments in logistics, maritime and shipping, and port assets. This will drive enhanced customer relationships, expand the Group’s logistics network, and bolster its Abu Dhabi-based operations, ensuring these opportunities align with its criteria of scale, management quality, and financial attractiveness.

With this strategy supported by robust financial foundation and a portfolio of high-quality assets, the Group is well-positioned for resilient growth across varying economic and industry cycles.

Market Overview

The global shipping industry experienced a year of mixed fortunes in 2023, with a return to normalised shipping rates across various segments, despite uneven supply-demand dynamics. While the tanker, offshore, bulk, and Ro-Ro segments enjoyed a positive year, bolstered by China’s reopening and a 3 percent increase in global trade volumes, the container market faced challenges, with rates softening due to a gradual regularisation of supply chains post-COVID-19 and an increase in vessel fleet supply.

Despite these disparities, the industry on average remained 33 percent above its 10-year trend, with energy shipping and the offshore segment experiencing strong performance – Ro-Ro rates hit all-time highs and bulkers recovered in the fourth quarter. The container segment, however, saw better performance in trade lanes related to AD Ports Group, while main East-West routes were deeply affected.

Financial highlights for 2023 included revenue growth of 112 percent year-on-year to AED11.7 billion. Results for the 12 months ending 31st December 2023 reported strong operational and financial performance with EBITDA increasing 23 percent YoY to AED2.67 billion and total Net Profit reaching AED1.4 billion in 2023, up 6 percent YoY.

26,596 new investors flocked to DFM in Q1, 2024

DUBAI, 1st April, 2024 (WAM) — Brokerage firms at the Dubai Financial Market (DFM) opened 26,596 new investor accounts during the first quarter of the current year 2024, a growth of 103 percent compared to 13,112 accounts during the first quarter of 2023, according to data released by the DFM.

This comes amid significant momentum in the market since the announcement of the listing of government and semi-governmental companies, including the recent listing of Parkin, which enhanced the market’s attractiveness and draw new investors.

The new accounts were distributed over the months of the year, with a notable YoY spike of 151.5 percent in March 2023, when 16,574 new accounts were opened.

This coincided with Parkin floating its shares amid exceptional interest from international and regional investment institutions, as well as individual investors in the UAE.

Surging new investor accounts bolster Dubai’s Financial Market, injecting potential for greater liquidity and trading activity.

Meanwhile, the first quarter of 2024 saw 30 brokerage firms operating in the Dubai Financial Market execute over 1.014 million transactions, involving 22.7 billion shares, with a value exceeding AED50.9 billion.

Tarbela strengthens Pakistan’s power grid: Capacity to reach 6,418 MW in 2025

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ISLAMABAD, 1st April, 2024 (WAM) — Pakistan’s Tarbela Power House is poised for a significant leap in electricity generation capacity. According to official sources, upon completion of the ongoing 1,530-megawatt (MW) 5th Extension project, Tarbela will become the country’s largest hydropower generation unit, boasting a staggering capacity of 6,418 MW, Associated Press of Pakistan (APP) reported today.

This significant increase represents a jump from the existing capacity of 4,888 MW. The 5th Extension Hydropower Project is expected to be commissioned in 2025, marking a major milestone for Pakistan’s energy sector.

The project not only promises a substantial boost in power generation but also offers significant economic and environmental benefits. Officials estimate that the Tarbela 5th Extension will generate a staggering 1.347 billion units of low-cost and environmentally friendly electricity annually. This clean energy source will contribute to a more sustainable energy mix for Pakistan.

Furthermore, the project has received crucial financial backing from international institutions. The World Bank and the Asian Infrastructure Investment Bank are providing US$ 390 million and $300 million respectively, demonstrating confidence in Pakistan’s commitment to expanding its clean energy infrastructure.

Eid Al Fitr Staycation at the Queen Elizabeth 2 Hotel in Dubai

With the long Eid Al Fitr break just around the corner, what are your plans with the family? Check into the Queen Elizabeth 2 Hotel for an exclusive getaway where maritime history and the finest hospitality converge to make every moment unforgettable.

Eid Al Fitr Staycation

Valid: 10 – 13 April 2024

Create cherished memories with family and friends thisEid Al Fitr. Spend the long weekend aboard the QE2 and take advantage of our ‘staycation special’ offering complimentary upgrade to a sea-view room, a lavish buffet breakfast, flexible early check-in and late check-out. Savour an indulgent Eid dinner at Lido restaurant.

Offer includes:

§  Complimentary upgrade to a sea-view room of the same category booked

§  Buffet breakfast in Lido restaurant

§  Special Eid buffet dinner in Lido restaurant

§  Early check-in at 12:00 noon and late check-out at 2:00 pm (Subject to availability)

§  20% discount on F&B

§  Members of ALL earn Status points and Reward points on all eligible stays.

§  Not a member of ALL – Accor Live Limitless, Accor’s lifestyle loyalty programme?
Join today and live limitless with spectacular destinations, experiences, and rewards all in one place!


Room rates start from AED 549 for Classic Room

Terms & Conditions:

§  Rates are inclusive of 7% municipality fees, 10% service charge, 5% VAT and Tourism fee.

§  Rates quoted are per room per stay, subject to availability and change without notice.

-End-

About Queen Elizabeth 2 Hotel, Managed by Accor

Queen Elizabeth 2 Hotel, managed by Accor, is a historic gem and the only floating hotel in emirates. Located in Port Rashid, in close proximity to Dubai’s main attractions and shopping malls, its 447 renovated rooms and suites are carefully decorated, offering a peaceful retreat in which to relax and unwind.

Guests can experience a culinary journey with innovative menus onboard the QE2. The hotel’s dining outlets include Lido – an all-day dining restaurant; The Golden Lion – the oldest pub in Dubai; The Pavilion – an alfresco lounge; and the Queens Grill – serving Afternoon Tea.

For those seeking an event with a difference, the iconic QE2 offers multiple one-of-a-kind venues in Dubai. Included in its facilities are unique indoor and outdoor event spaces. Whether you are planning a birthday bash, an anniversary party, a wedding celebration, or any other social or corporate functions, the QE2 provides an inspiring and impressive backdrop that will delight your guests.

For reservations & Inquiries

Call +971 4 526 8888 or email Reservations.qe2@accor.com

Or visit https://www.qe2.com

For Media Inquiries contact:

Hina Bakht

Managing Director

EVOPS Marketing & PR

Mob: 00971 50 6975146

Tel: 00971 4 566 7355

Hina.bakht@evops-pr.com

www.evops-pr.com

Distributing Ramadan Ration to 2,520 beneficiaries marking Zayed Humanitarian Day

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The Ramadan Ration initiative 1445 Hijri / 2024 organised by the Roads and Transport Authority (RTA) on 19 Ramadan benefited 2520 people. Commemorated annually as Zayed Humanitarian Day, it honours the legacy of the late Sheikh Zayed bin Sultan Al Nahyan, reflecting his profound commitment to aiding those in distress and supporting the underprivileged. It highlights the UAE’s deep-rooted values of generosity, philanthropy, and kindness, celebrating the spirit of giving and compassion that defines the nation.


This RTA’s humanitarian initiative is designed to support needy families across the emirate. It witnesses the distribution of 630 pre-loaded nol cards. Spearheaded by RTA’s leaders and Women’s Committee members, alongside 58 volunteers from within and beyond RTA, this campaign represents a collective effort of 116 hours of volunteering. Their commitment resulted in saving AED34,800 for RTA.


Participants in the Ramadan Ration initiative made site tours of several areas across the emirate. The initiative aims to assist limited-income families and offer them material and moral support through the distribution of nol cards usable in essential purchases at participating retail outlets. It also aims to uplift them morally by diffusing the culture of tolerance, mutual support, and active youth engagement in volunteerism to rally the community around the noble cause of supporting families in need during Ramadan. 

RTA is keen to mark this annual community-focused initiative by carrying out a host of community initiatives directed towards employees, People of Determination, families on limited incomes, drivers, and workers to bring them joy and happiness during the holy month of Ramadan.
 

Samsung Electronics’ Home Appliances Become First in Industry To Be Verified to Highest Level ‘Diamond’ by UL Solutions’ IoT Security Rating Program

Samsung’s Bespoke Jet Bot Combo™ AI and Family Hub Refrigerators that come with data encryption and Knox Matrix security technology, are verified to level ‘Diamond’ by UL Solutions

Samsung Electronics today announced that its new all-in-one robot vacuum cleaner, the Bespoke Jet Bot Combo™ AI,1 and its Family Hub Refrigerators2 have been verified to level ‘Diamond’ by UL Solutions for their IoT security capabilities. UL Solutions Inc., is a leading global safety science company that evaluates hundreds of marketing claims each year, and one of their services, the UL Verified IoT Device Security Rating process verifies smart home devices for hacking risks and security levels. The Bespoke 4-Door Flex™ Refrigerator with AI Family Hub™+ became the first in the home appliance industry to gain the ‘Diamond’ level, and other Family Hub models and the Bespoke Jet Bot Combo™ AI also achieved the same verification.

UL Solutions divides the level of performance into 5 levels — Bronze, Silver, Gold, Platinum and Diamond. Each level requires rigorous testing, and of them, the highest ‘Diamond’ level is only given after products pass tests evaluating the ability to detect malicious software modulation, prevent illegal access attempts, and anonymize user data. Especially, the products that achieve this highest level differentiate from level ‘Platinum’ in that they must have the ability to test unknown potential vulnerabilities, and operate programs for early detection of security vulnerabilities as well.

The importance of IoT security grows as Samsung builds its products to be more intelligent, incorporating artificial intelligence (AI) features to a host of product lineups and connecting them through SmartThings. Samsung’s devices are built to communicate with each other so that with one signal, multiple devices smartly adjust themselves.

“AI is becoming a bigger part of our everyday lives, and this is especially apparent in the fact that it is being applied to home appliances. With that being the case, security is naturally becoming more important,” said Miyoung Yoo, EVP and Head of the Software Development Team, Digital Appliances (DA) Business at Samsung Electronics. “We at Samsung are putting a huge amount of effort into making sure that data security enhancements come hand-in-hand with our technological advancements. The secure environment we provide will allow our customers to truly enjoy the connected experience enabled by AI.”

To establish this interconnected home environment, each device — as well as data transmitted between devices, must be protected. All Samsung home appliances are protected by ‘Samsung Knox,’ a unique series of security principles, and all WiFi-enabled products come with integrated circuit (IC) chips that encrypt data, protecting it from breaches and attacks. ‘Knox Matrix,’ a security solution designed to protect interconnected devices then strengthens security one step further. It secures sensitive information across multiple devices by supporting end-to-end encryption (E2EE) technology to encrypt all shared and synchronized data, and enables devices to intelligently monitor each other for security threats and send notifications to other devices in the event that one is attacked.

The two new products boast AI features designed to make the lives of users easier. The Bespoke Jet Bot Combo™ AI comes with AI Object Recognition,3 an intelligent technology that recognizes humans,4 pets,5 and even hard-to-see items such as phone cables so that users do not have to do a “first screening clean-up” before running the vacuum. It also comes with Spatial Recognition6 technology that automatically draws the layout of the home, and recommends names for each section. Finally, the AI Floor Detect7 is feature that recognizes when the vacuum is on a carpet, determines the depth of the carpet and prevents it from getting wet by lifting the mop pads up into the vacuum when mopping

The newest edition of the Family Hub series, the Bespoke 4-Door Flex™ Refrigerator with AI Family Hub™+8 also comes with multiple AI functions that serve users’ individual needs. ‘AI Vision Inside,’9 for one, intelligently recognizes fresh food items going in and out of the fridge and automatically creates a food list. ‘SmartThings Food’ then recommends recipes based on the available ingredients. Users can easily get ideas of what to eat, and also save food from going to waste because they can utilize various ingredients they have on hand.

1 VR7M*97****
2 RF**DB99****, RF**DB95****, RF**DG9H****, available in North and South America, Europe, Middle East, Southeast Asia, India, Australia, Korea
3 Object recognition may be affected by an object’s shape or the environmental conditions. Only certain object types can be recognized. Example items: air conditioner (stand type), refrigerator, BESPOKE (refrigerator/dishwasher), TV, washing machine/dryer, air purifier, AirDresser, sofa, bed, bookshelf, table, pet excrement, electrical cable, towel/sock, cup, glass, bottle, bowl, vase, floor mat, rug, coat rack, shoes, pedestal, scales, power extension, furniture with a crossbar, furniture legs, wheeled chair, pet fur ball, smartphone cable, stain, door step, and doorway. A Wi-Fi connection and Samsung account are required.
4 It only recognizes a human presence based on generic visual indicators, and cannot identify individual people. The recognition capabilities may be limited when a person’s entire body cannot be seen. A Wi-Fi connection and Samsung account are required.
5 Only dogs and cats can be recognized. It only recognizes a pet presence based on generic visual indicators, and cannot identify individual pets. A Wi-Fi connection and Samsung account are required. The recognition capabilities may be limited by the posture or position of a pet. The ability to recognize your pet may vary depending on the type of animal and the living environment.
6 Only certain spaces can be recognized. Example spaces: Kitchen, Living room, and ordinary room. A Wi-Fi connection and Samsung account are required.
7 Based on our deep learning model trained using predefined set of data and may yield incomplete or incorrect information. New datasets may be introduced to our learning model from time to time to enhance its accuracy.
8 A Wi-Fi connection and a Samsung account are required. You must use a same log-in account between the devices.
9 As of April 2024, AI Vision Inside can recognize 33 fresh food items like fruits and vegetables. If the food is not recognizable, it may be listed as unknown item. AI Vision Inside cannot identify or list any food items in the fridge door bins or freezer. It recognizes food items based on deep learning models, which may be updated periodically to improve accuracy.

China’s Guangdong Province aims to become global industrial and sci-tech innovation hub

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GUANGDONG, 30th March, 2024 (WAM) – China’s Guangdong Province is striving to establish itself as a global industrial and sci-tech innovation hub by promoting the synergistic advancement of industry and technology, along with the development of new quality productive forces, according to China Central Television.

Guangdong’s GDP reached 13.57 trillion yuan (around US$1.88 trillion) in 2023, ranking first in the country for the 35th consecutive year. The province is home to over 18 million business entities, with 7.8 million enterprises accounting for one-seventh of the country’s total.

In 2024, Guangdong will focus on expanding investment, advancing consumption, and stabilizing foreign trade to achieve a 5-percent economic growth target, said Governor Wang Weizhong. “We strived to promote project financing. Last year, industrial investment across the province grew by 22.2 percent, marking a double-digit growth for 36 consecutive months, and investment in technology upgrading registered a 22.4 percent growth, reaching a six-year record high,” he added.

During the first two months of this year, Guangdong’s economy continued to grow, with a 10.6 percent increase in industry, 6.1 percent growth in consumption, 4.3 percent rise in investment, and a 24.9 percent increase in imports and exports.

Guangdong is home to 71,000 industrial enterprises with an annual main business revenue of 20 million yuan or more and 75,000 high-tech firms, both leading the country in terms of numbers. The province’s regional innovative capacity has ranked first in China for seven consecutive years.

Moving forward, Guangdong will explore new quality productive forces and advance industrial innovation through sci-tech innovation. “We will accelerate the development of integrated circuits, new energy storage, new energy vehicles, low-altitude economy, and artificial intelligence to build them into 500 billion-level or trillion-level industrial clusters,” said Governor Wang. “We will speed up the establishment of a whole-process innovation chain from basic research, technology upgrading, commercialization of research achievements to scientific and technological finance and talent support, aiming to build an industrial and sci-tech innovation hub with global influence.”

DEWA awards winners of 2nd cycle of Cleantech Hackathon

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DUBAI, 30th March, 2024 (WAM) – Over 160 candidates from 25 nationalities and 20 universities worldwide participated in the 2nd cycle of the Cleantech Hackathon launched by the Innovation Centre of Dubai Electricity and Water Authority (DEWA).

The event focused on sustainable innovations in energy, digital transformation, and integrating clean energy sources. Participants were judged on innovation and impact, with three winners receiving monetary prizes at the end of the event.

“We support the wise leadership’s vision to empower and encourage the youth and provide them with the necessary tools to become the pillars to build a brighter future. This supports the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power production capacity from clean energy sources by 2050.

“We are keen to include the youth in sustainable development and encourage them to develop innovative solutions to combat the effects of climate change. This consolidates the position of the UAE and Dubai as an innovation hub and an incubator for innovators,” said Saeed Mohammed Al Tayer, MD and CEO of DEWA.

“Through the Innovation Centre, DEWA aims to raise awareness on sustainability, hone national capabilities, and enhance business competitiveness in this promising sector,” said Waleed Bin Salman, Executive Vice President of Business Development and Excellence at DEWA.

Structured around three main tracks, the competition focused on optimising the efficiency and cost-effectiveness of clean energy sources, ensuring the reliability and stability of renewable energy, and integrating renewable energy seamlessly into existing systems. These tracks contribute to maximising efficiency, overcoming intermittency challenges, and innovatively addressing energy storage, distribution, and smart grid technologies.

Hamdan bin Zayed visits Bu Hasa field, praises ADNOC’s efforts in employing AI in production processes

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    ABU D HABI, 30th March, 2024 (WAM) – H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, said that the United Arab Emirates, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, is at the forefront of leveraging cutting-edge technologies like AI to drive sustainable growth and progress, particularly in the energy sector.

    This came during His Highness’ visit today to the Bu Hasa oilfield where he met with Emirati ADNOC staff working at the field. He toured key facilities and operations, learning about the company’s efforts to leverage AI and advanced technologies for enhanced efficiency, productivity, and emissions reduction.

    His Highness was accompanied during the visit by Sheikh Mohammed bin Hamdan bin Zayed Al Nahyan, Sheikh Yas bin Hamdan bin Zayed Al Nahyan, Nasser Mohammed Al Mansouri, Under-Secretary of the Ruler’s Representative’s Court in the Al Dhafra Region, and Issa Hamad Bushahab, Advisor to His Highness the Ruler’s Representative in the Al Dhafra Region, along with a number of officials.

    “I’m delighted to learn about ADNOC’s ongoing efforts to solidify the UAE’s leadership in global energy security. Their commitment to achieve net-zero carbon emissions by 2045 is commendable. By empowering Emirati talent and deploying advanced AI and digital solutions in the energy sector, ADNOC is ensuring increased production efficiency, reduced emissions, and optimal utilisation of our national resources,” said Sheikh Hamdan.

    During his meeting with ADNOC’s national staff, His Highness conveyed to them the greetings of His Highness President Sheikh Mohamed, stressing on His Highness’s keenness to provide all means of success for them to ensure their active contribution to the path of growth and prosperity of the country. Sheikh Hamdan emphasised on the importance of Emirati women’s participation across various sectors, including the energy sector, highlighting their proven ability and success in tackling diverse tasks within this field.

    He praised the pivotal role played by the Emirati female cadres working in the Bu Hasa field, where they contribute through their different positions to the implementation of ADNOC’s plans to enhance efficiency, raise productivity and reduce emissions through the use of AI applications and tools and advanced technologies.

    Upon his arrival at the Bu Hasa field, Sheikh Hamdan was received by Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Managing Director and Group CEO of ADNOC, and the company’s executive management team.

    ADNOC team presented Sheikh Hamdan with details on several strategic projects underway at the Bu Hasa field. These initiatives aim to achieve growth, enhance efficiency, and reduce emissions, notably the plans to increase production capacity from 650,000 barrels per day to over 790,000 barrels per day and to increase associated gas production from 650 million cubic feet per day to more than 800 million cubic feet per day by 2027. This is in addition to strategic projects that include providing sustainable water supplies to the Bu Hasa and Bab fields. Other strategic projects include utilising treated seawater instead of groundwater in the Enhanced oil recovery (EOR) processes, reducing energy consumption and emissions, and the project to employ water and gas injection technologies into reservoirs to enhance production. This is in addition to a proposed joint project to develop a bromine production facility, used in drilling fluids.

    Sheikh Hamdan learned about the most prominent artificial intelligence and advanced technology techniques and tools used by ADNOC in monitoring operations and production processes in the field, which is considered one of the largest onshore production fields in the country and one of the 20 largest oil fields in the world in terms of proven oil reserves. This includes the use of digital well solutions, autonomous operations and remote monitoring technologies, and the development of the first AI-based advanced process control system in collaboration with AIQ, and the use of UAE-made drones to detect potential greenhouse gas leaks, and to conduct accurate site and infrastructure inspections, as well as the use of electric submersible pumps connected to AI tools to help reduce downtime and improve operational efficiency.

    For his part, Dr. Sultan Ahmed Al Jaber said: “We highly appreciate the visit of His Highness Sheikh Hamdan bin Zayed Al Nahyan to the Bu Hasa field, which reflects the leadership’s keenness to follow up on all projects that contribute to strengthening sustainable economic and social development.

    “ADNOC, a leading integrated energy company, is undergoing a significant transformation. By leveraging the latest advancements in AI technologies, ADNOC aims to accelerate progress on the company’s ambitious strategy. This includes reducing emissions, ensuring operational sustainability, and staying at the forefront of the industry. To achieve this, ADNOC is investing in developing the company’s national workforce, building a diverse and highly skilled team to deliver more energy with lower emissions, to meet the ever-growing global demand.”

    UAE’s e& enterprise takes majority in SME lending platform Beehive

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    Dubai: The enterprise arm of e&, UAE’s tech-telco conglomerate, is taking a majority stake in Beehive, the SME-focussed lending platform.

    Beehive, founded in 2014, is a major player in the crowdfunding space in the UAE and has operational coverage in Saudi Arabia and Oman. It connects SMEs seeking finance with investors – both private and institutional – to offer conventional as well as Sharia-compliant loans.

    The company recently reached the Dh1.5 billion mark on loans.

    “The acquisition of Beehive’s digital lending platform marks the second step in e& enterprise’s journey in the Fintech space, after the launch of UAE Trade Connect in 2021,” said Salvador Anglada, CEO, e& enterprise. “SMEs are important drivers of the economy and there is a need more than ever to support their unique financing needs.

    “With Beehive, we have the right technological innovation to accelerate on our agenda in the UAE and beyond.”

    e& enterprise will thus be able to ‘provide an innovative lending solution’ to tap the $250 billion SME credit gap in the GCC.

    Other e& entities have taken significant shareholding in Starzplay Arabia, the web-streaming platform, and in the Careem Super App, the multi-service consumer platform.

    For Beehive, “This strategic alignment presents a huge opportunity to increase and accelerate financing to SMEs across the region,” said Craig Moore, founder and CEO. “The market leading brand, reach and vision of e& and e& enterprise allows Beehive to drive more innovation and collaboration into the market.

    “As one of the very first regional fintechs, this is a validation of the Beehive team’s incredible effort over the last 9 years and reflects the vibrancy and success of the UAE’s startup ecosystem.”

    National Bank of Fujairah hosts knowledge-sharing platform, taking stock of first year of UAE’s corporate tax regime

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    Business leaders, tax, accounting and legal experts give insights to help NBF’s customers better understand the implications of the UAE’s corporate tax regime for their businesses

    The National Bank of Fujairah (NBF) has hosted the latest in its successful series of knowledge-sharing events, providing a round-up of the recent developments in UAE corporate taxation. The event was attended by customers from different business sectors in the UAE.

    Under the theme ‘UAE corporate tax and the evolving business landscape’, the event brought together business leaders, tax and accounting experts, and legal advisors to discuss the latest developments in the federal corporate tax system which came into force in the UAE last June, the difficulties businesses might face in achieving maximum tax efficiency, and how to best adjust their operations (e.g. through restructuring or consolidation) to the new system.

    Specific topics covered included, among others, the impact of corporate tax on profitability, how changes affect free zone companies and SMEs, and which income is tax free, all brought to life through real life case studies from business in the midst of their first year of corporate tax.

    Introduced in June 2023, the UAE’s federal corporate tax is one of the most competitive in the world, at 9% for taxable income exceeding AED 375,000. However, the tax system is still a new addition to the country’s legal framework and requires companies to revise their financial models and investment strategies.

    As businesses navigate their first tax year, many are considering the potential impact of the new regime on their profitability and operations. Some have already established dedicated tax departments, while others have engaged tax advisors to provide guidance and help them ensure compliance.

    The event was the latest in NBF’s knowledge event series, which most recently has explored sustainable finance and Islamic finance. The event series will run throughout 2024.

    About National Bank of Fujairah PJSC:

    Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding suite of personal banking options and Shari’ah compliant services. Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals.

    NBF’s key shareholders include the Government of Fujairah, Easa Saleh Al Gurg LLC and Investment Corporation of Dubai. Rated Baa1 / Prime-2 for deposits and A3 for counterparty risk assessment by Moody’s and BBB / A-2 by Standard & Poor’s, both with a stable outlook, the bank is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”. It has a branch network of 14 across the UAE.

    For further information, please contact:

    Strategic Marketing and Communications Department

    E-mail: CorpComm@nbf.ae 

    Telephone: +971 4 507 8351 and +971 4 507 8576

    Emirates Islamic organises Ramadan food distribution drive in association with Tarahum Charity Foundation

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    As part of its commitment to the community, Emirates Islamic, one of the leading Islamic financial institutions in the UAE, organised a Meer Ramadan (essential food items and commodities regularly needed during the Holy Month of Ramadan) distribution initiative, in association with Tarahum Charity Foundation.

    In the spirit of generosity, Meer Ramadan distribution was arranged to aid those in need at two locations in the UAE, including Hatta City and Ras Al Khaimah.As a part of the initiative, Emirates Islamic employees united as volunteers to actively engage in the Meer Ramadan distribution drive and make a meaningful impact during the Holy Month.Emirates Islamic is an active contributor to community and development initiatives, with the bank’s staff regularly volunteering for a range of community activities across the UAE. Through the Emirates Islamic Charity Fund, the bank continues to provide support to several charitable, humanitarian and community activities. 

    Completion of widening of Ras Al Khor Road 3 km from Bu Kadra Intersection to Al Khail Intersection

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    Dubai’s Roads and Transport Authority (RTA) has completed the Ras Al Khor Road Widening Project from 3 to 4 lanes along a 3 km stretch in both directions. Works extend from the Bu Kadra intersection to the Al Khail Road intersection. RTA will widen the collector road for turns on Ras Al Khor Road in the direction of the Dubai-Al Ain Road from one to two lanes by the start of April. 


    This project is part of RTA’s efforts to upgrade Dubai’s infrastructure, particularly in areas experiencing rapid urbanisation and population growth. Ras Al Khor Road is a critical artery that serves numerous residential and industrial districts home to approximately 650,000 residents, in addition to an array of several ongoing development projects.


    Widening Ras Al Khor Road from three to four lanes in each direction will improve traffic movement, increase the intake of vehicles from 6,000 to 8,000 per hour and reduce travel times by up to 33% during peak periods. Additionally, the upgrade to the bypass lane towards Dubai-Al Ain Road is expected to double the capacity from 1,000 to 2,000 vehicles per hour and enhance vehicle flow by 100%.