Latest news with #AED550
Arabian Business
31-03-2025
- Business
- Arabian Business
Commercial Bank of Dubai backs Siemens Energy with AED 550mn facility to drive UAE energy projects
Commercial Bank of Dubai (CBD) said it has partnered with Siemens Energy, a leader in energy technology, by providing an AED550 million bilateral credit facility to the company's UAE unit, Siemens Energy LLC. The facility will enable Siemens Energy LLC to execute its expanding pipeline of projects and drive future growth. Dr. Bernd van Linder, CEO at Commercial Bank of Dubai, said the bank is pleased to extend this bilateral credit facility to Siemens Energy, a key player in the energy sector. 'This partnership demonstrates our financial strength and ability to support leading global corporations in their growth ambitions while reinforcing our position as a trusted banking partner in the UAE,' he said. The transaction represents a strategic advancement for CBD, solidifying its footprint in the energy sector by partnering with a globally recognised leader. Robert McAnally, Head of Treasury and Corporate Finance at Siemens Energy, said financial resilience and strategic flexibility are essential to delivering on the company's commitments and advancing the energy transition. 'This facility enhances our ability to navigate a dynamic industry and support the evolving energy landscape, particularly in the Middle East – one of the world's fastest-growing energy markets,' he said. The facility aligns with CBD's strategic vision to enhance its market presence by providing tailored financial solutions to industry leaders. The energy sector remains a critical pillar of economic growth in the UAE, and CBD's collaboration with Siemens Energy LLC reflects the bank's commitment to supporting key industries that drive progress and innovation, it said.
Emirates Woman
24-03-2025
- Emirates Woman
The best ladies' day spa packages in Dubai
Beauty by Alice Holtham-Pargin 4 hours ago Whether you're looking to indulge in some solo self-care or you're unwinding with your favourite women over a daycation of beach lounging, lunching and spa treatments, these ladies' day spa packages in Dubai are perfect for relaxing and rejuvenating. Sofitel Dubai The Palm This French-Polynesian inspired resort on the Palm Jumeirah is home to a lush, tropical spa, with treatments provided using L'occitane products. On Tuesdays, the ladies' day package is an invitation to indulge in total relaxation every Tuesday from 10am to 5pm. There's access to the spa facilities included – think sauna and steam room, hydro pool and plunge pool, plus a healthy snack, mocktail, and a choice of treatment. Either opt for a 45-minute back and shoulder massage or a 45-minute foot and leg massage. AED499. Park Hyatt Dubai Nestled within the low-lying Mediterranean-meets-Moorish Park Hyatt is a tranquil Amara Spa, where floral scents and calming water features backdrop an extensive treatment menu and pampering facilities. With the ladies' day out package, gather your girlfriends for the ultimate pampering experience, where you'll be treated to a self-care day that offers access to Amara Spa with any 60-minute tailored treatment for AED800. Enhance your day with a 30-minute upgrade for an additional AED300, choosing from massages, facials or exfoliating body treatments. AED800. @parkhyattdubai Fairmont The Palm At the instantly zen-inducing Serenity Spa, relaxation and rejuvenation await in generous treatment rooms with sea views, bubbling jacuzzi's and calming hydro pools. On Monday, the ladies' day is a complete self-care package, with full-day access to the pool, a nourishing lunch at Zest, and a choice of spa treatment from either a relaxing massage (AED550) or refreshing Hydrafacial (AED750). AED550 to AED750. Anantara The Palm Unwind after work with a mid-week evening of pampering wellness at Anantara The Palm Dubai Resort. A Thai-inspired paradise enveloped by palm trees and lagoon waters, the Anantara Spa ladies evening package includes access to all of the ladies-only facilities, like the liquid sound pool, aroma steam room, herbal bath, salt room and experience shower. For a total switch-off, there's a 60-minute Turkish or Moroccan Hammam included for AED499, or a 60-minute massage and a 30-minute facial included, or a 90-minute Moroccan hammam or signature massage for AED649. AED499 to AED649. Jumeirah Zabeel Saray Make Mondays memorable with a beautiful evening of pampering in the grandeur of Jumeriah Zabeel Saray's Talise Spa. On Monday evenings, ladies can enjoy a 45-minute signature Hammam treatment followed by a 60-minute body massage and complimentary refreshments in the spa's relaxing lounge. AED890. The Westin Dubai Mina Seyahi On the shorefront of Al Sufouh The Westin's Heavenly Spa brand is a chilled daycation spot perfect for a fun-filled – and pampering – day out with the ladies in your life. Available daily except Saturdays, it offers a 60-minute Farmhouse Fresh Swedish massage to pulse out all the knots and kinks, plus a healthy lunch at Bounty Beets and all-day pool and beach access. AED490 to AED650.
Zawya
17-03-2025
- Business
- Zawya
Dubai's RTA completes 40% of nol digital payment system upgrade
DUBAI - The Roads and Transport Authority (RTA) in Dubai has completed 40 percent of the nol system upgrade, transitioning from the existing card-based ticketing system to the more advanced account-based ticketing (ABT) technology. The project is set for completion by the end of Q3 2026. Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of RTA, stated, 'Given the scale of the project, which has a total cost of AED550 million, it has been divided into three key phases. In the first phase, the central system will be upgraded to create digital accounts for users, linking them to their existing nol cards. The second phase will introduce a new generation of nol cards, incorporating advanced technologies aligned with international standards to ensure compatibility with banking card technologies. In the third and final phase, the system upgrade will be completed, enabling the acceptance of alternative payment methods, including bank cards and digital wallets, for public transport fare payments across Dubai.' Al Tayer stated, 'Upgrading the nol system will introduce several advanced features and benefits for users. The new system will enable account creation, allowing users to link their nol cards to digital accounts, add nol cards to smartphone wallets, and purchase tickets using QR code technology via digital channels. It will also implement the flexible fare concept across public transport.' He added, 'With the upgraded system, users can create and manage their accounts, link their own and family members' nol cards, and control account settings, including allocating top-up amounts for each card. They will also have the option to activate automatic balance top-ups by linking their accounts to banking services, view daily transaction statements, and seamlessly suspend cards and retrieve balances. Upgrading systems, devices, and smart kiosks at public transport stations will enhance new payment technologies, enabling users to pay fares using a variety of methods, including QR code ticketing, the next generation of nol cards, facial recognition, fingerprint authentication, bank cards, and digital wallets. The upgraded system will also extend nol card usage beyond public transport, allowing users to make purchases across digital platforms and retail outlets in the UAE, similar to bank cards.'
Arabian Business
16-03-2025
- Business
- Arabian Business
Dubai RTA nol cards to support digital wallets, QR code payments by 2026 in $149mn system upgrade
The Roads and Transport Authority (RTA) in Dubai has completed 40 percent of its nol system upgrade, moving from the current card-based ticketing system to account-based ticketing (ABT) technology. The AED550 million project is scheduled for completion by the end of Q3 2026. 'Given the scale of the project, which has a total cost of AED550 million, it has been divided into three key phases,' Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of RTA said, according to a statement by the Emirates News Agency (WAM). RTA completes 40% of the nol system upgrade for Dubai's public transport, transitioning from the existing plastic card-based system to a digital payment system supported by account-based ticketing (ABT) technology. The project is scheduled for full completion by the end of Q3… — Dubai Media Office (@DXBMediaOffice) March 16, 2025 RTA to introduce biometric payments for Dubai public transport The first phase involves upgrading the central system to create digital accounts for users, linking them to existing nol cards. In the second phase, a new generation of nol cards will be introduced with technologies compatible with international banking card standards. The third and final phase will complete the system upgrade, enabling alternative payment methods including bank cards and digital wallets for public transport fare payments across Dubai. 'Upgrading the nol system will introduce several advanced features and benefits for users. The new system will enable account creation, allowing users to link their nol cards to digital accounts, add nol cards to smartphone wallets, and purchase tickets using QR code technology via digital channels. It will also implement the flexible fare concept across public transport,' Al Tayer said. The upgraded system will allow users to create and manage their accounts, link personal and family members' nol cards, and control account settings, including allocating top-up amounts for each card. Users will be able to activate automatic balance top-ups by linking their accounts to banking services, view daily transaction statements, and suspend cards and retrieve balances. The enhancement of systems, devices, and smart kiosks at public transport stations will support new payment technologies, enabling users to pay fares using methods such as QR code ticketing, next-generation nol cards, facial recognition, fingerprint authentication, bank cards, and digital wallets. Beyond public transport, the upgraded system will extend nol card usage to purchases across digital platforms and retail outlets in the UAE, similar to bank cards.
