Hello reader,

In today’s newsletter:

Check out the latest updates from Arabian Business, where our editorial team has compiled the region's developments from Thursday.

Emirates has announced a UAE recruitment drive as it looks to hire cabin crew in the country. Emirates currently has 22,000 cabin crew members and is looking to recruit 5,000 in this financial year.

Meanwhile, the UAE has announced a new 10-year residency visa following a cabinet meeting in Abu Dhabi. The “Blue Residency” will be granted to individuals who have made exceptional contributions towards the environment and sustainability.

On the real estate front, the UAE real estate market continues to thrive with Dubai and Abu Dhabi both recording sales price and rent increases, according to CBRE Middle East’s Residential Market Review for the first quarter of 2024. Dubai villas saw the sharpest increase in sales prices with average prices climbing more than 22 percent year-on-year.

In other news, LinkedIn is increasingly used as a dating platform for professionals seeking meaningful connections based on shared interests and goals, but it’s important to establish boundaries to maintain professionalism. Given the rise of this latest trend, Arabian Business reached out to two experts to understand why many are seeking life partners through a professional social media platform such as LinkedIn.

KPMG, a leading professional services firm, has initiated ‘Blue Wave’, a programme aimed at enhancing the lives of blue-collar workers in the UAE. The initiative comes as a recognition of the crucial role these workers play in driving the nation’s economy and infrastructure development. In an exclusive interview with Arabian Business, KPMG Lower Gulf CEO and Senior Partner Emilio Pera discusses the motives behind this initiative, benefits and more.

THE LONGER READ:

Weaponising corporate interests, shifting power dynamics, and economic warfare – business can no longer neglect geopolitics, experts warn

Was this newsletter forwarded to you? Subscribe now.