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UAE’s e& launches region’s first telco NFT collection

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e& (formerly known as Etisalat Group) today announced launching its first set of non-fungible tokens (NFTs), marking a significant milestone for e& as the first technology and investment conglomerate in the Middle East to launch NFTs.

The inaugural set of NFTs will be distributed selectively, and the Group will be providing further updates as their plans for the NFTs progress. The launch batch of NFTs highlights e&’s commitment to advancing tech capabilities as the company’s blockchain arm crossed AED10 billion worth in transactions last year. It underpins the company’s vision to make a difference at every touchpoint by ideating and deploying best-in-class innovative solutions, harnessing advanced technologies, and maintaining its cutting-edge infrastructure.

Hatem Dowidar, Group CEO, e&, said, “The digital transformation that we are experiencing on all fronts will accelerate our quest to innovate. The metaverse is opening up several avenues for us to investigate the digital realm in ways that were unimaginable just a few years ago. At this defining moment in our journey, we are proud to leverage our legacy in blockchain-enabled tech to launch pioneering NFTs that allow us and our customers to explore the limitless potential that the metaverse holds.

“The NFTs designs were sourced in the UAE, where we are keen to support the local development of new products, technologies and solutions.This is a unique opportunity to celebrate how far we’ve come as a company and to continue exploring what’s next on the horizon. We live in the renaissance of connectivity where we must capitalise on every opportunity that strengthens our continued leadership as the champion digital telco in a hyper-connected world.”

This milestone is one of the more recent successes that e& has seen in its current transformation journey as a global technology and investment conglomerate. e& has been instrumental in developing and bolstering the UAE’s strong telecoms infrastructure since its foundation 46 years ago. As e& transforms into a technology conglomerate and keeping in line with UAE’s digitalisation ambitions, it has combined its scalable technological competencies with its robust telecoms expertise, enriching the lives of customers and adding value to enterprises.

Etisalat Group has changed its brand identity to e&, effective from 23 February 2022. Its strategy aims to accelerate growth through the creation of a resilient business model representing the Group’s main business pillars. The Telecoms business currently continues to operate led by Etisalat UAE in e&’s home market and by existing subsidiaries for international operations, upholding the Group’s rich telecoms heritage, bolstering the strong telecoms network and maximising value for the Group’s various customer segments.

To enable the digital transformation of governments, large-scale enterprises and corporates, e& enterprise focuses on maximising value through its end-to-end solutions in, Cloud, Cybersecurity, Internet of Things (IoT) and Artificial Intelligence (AI). e& capital allows the Group to focus its efforts on driving new mergers and acquisitions while maximising shareholder value and strengthening global presence.

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Fuel prices in UAE announced for December 2024

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The UAE fuel price committee has announced petrol and diesel prices for the month of December 2024. The new rates will apply from December 1, and are as follows:

Super 98 petrol will cost Dh2.61 a litre, compared to Dh2.74 in November.
Special 95 petrol will cost Dh2.50 per litre, compared to the current rate of Dh2.63.
E-Plus 91 petrol will cost Dh2.43 a litre, compared to Dh2.55 a litre in November.
Diesel will be charged at Dh2.68 a litre compared to the current rate of Dh2.67.

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Dubai’s variable Salik and parking rates: What this will mean for your wallet

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Dubai’s Roads and Transport Authority (RTA) has announced that it will implement Variable Road Toll Pricing (Salik) and Variable Parking Tariff Policies, including event-specific parking tariffs, as part of a comprehensive strategy to enhance traffic flow in the city.

The Variable Road Toll Pricing (Salik) system, set to launch at the end of January 2025, will offer motorists toll-free passage between 1am and 6am. During weekdays, the toll will be Dh6 during morning peak hours (6am to 10am) and evening peak hours (4pm to 8pm). For off-peak hours, between 10am and 4pm, and from 8pm to 1am, the toll will be Dh4. On Sundays, excluding public holidays, special occasions, or major events, the toll will be Dh4 throughout the day and free from 1am to 6am.

The Variable Parking Tariff Policy, scheduled for implementation by the end of March 2025, sets parking fees at Dh6 per hour for premium parking spaces and Dh4 per hour for other public paid parking spaces during morning peak hours (8am to 10am) and evening peak hours (4pm to 8pm). The tariffs will remain unchanged during off-peak hours, from 10am to 4pm, and from 8 pm to 10pm. Parking will be free at night, from 10pm to 8am, and all day on Sundays.

Congestion pricing policy :
The Congestion Pricing Policy for event areas introduces a fee of Dh25 per hour for public paid parking spaces near event zones. This policy will be rolled out initially around the Dubai World Trade Centre during major events, starting in February 2025.

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Etihad Airways adds 10 new destinations for 2025

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Etihad Airways, the national airline of the United Arab Emirates, announced the launch of ten new destinations starting in 2025.

The new destinations are Algiers, Atlanta, Chiang Mai, Hanoi, Hong Kong, Krabi, Medan, Phnom Penh, Taipei and Tunis. They will complement Etihad’s previously revealed new destinations for 2025: Prague, Warsaw, and Al Alamein.

Antonoaldo Neves, Etihad’s Chief Executive Officer, said, “Launching ten new destinations in a single day underscores our unwavering commitment to growing our airline with a fantastic route network and world-class, customer-focused service. This incredible milestone would not have been possible without the extraordinary efforts of our team and the ongoing support of our guests.”

Etihad’s expansion is set to bring tens of thousands of new visitors directly to Abu Dhabi, boosting its position as a premier destination for leisure, business, and cultural tourism. The move aligns with the UAE capital’s efforts to attract international travellers and reinforces its reputation as a hub of connectivity, innovation, and hospitality.

“The launch of these ten destinations is supported by our impressive hub, Zayed International Airport, which boasts the ‘wow’ factor and ample space to accommodate our rapid growth, further enhancing the exceptional guest experience,” said Neves. “2025 marks a pivotal year for Etihad, with more than 90 destinations in over 50 countries, a fleet of more than 110 aircraft – including our amazing new A321LRs – welcoming over 20 million guests onboard. Most importantly, it will support us in bringing over a million visitors to Abu Dhabi to enjoy our home.”

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