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du

UAE telecom operator du’s half-year profits top 54%

du’s postpaid customer base grew by 11.3 per cent to reach 1.7 million subscribers

UAE-MAURITIUS CEPA

UAE, Mauritius sign comprehensive economic partnership agreement

The UAE-Mauritius CEPA is set to deepen trade and investment ties, and streamline market access for businesses, in both countries

India further tighthens rice shipments -Getty Images-653903198

GCC food market to benefit as India plans to ease rice export curbs

New Delhi exports more than 4 million metric tons of premium long-grain rice to countries such as Iraq, Saudi Arabia, the UAE and the US

Naim Yazbeck

8.5 million Microsoft devices were hit by CrowdStrike outage

Software giant Microsoft has outlined how big Friday’s outage was, but the company maintains that only 1 per cent of all its devices were impacted

Saudi's PIF boosts stake in Saudi Re with $114m investment

Saudi’s insurance sector unscathed by Microsoft, CrowdStrike outage, says IA

In Saudi Arabia, the IA issued a statement in Arabic to confirm the integrity and safety of its systems and the systems of the sector

Abu Dhabi real estate market trends for H1 2024 according to Bayut's findings Image_Getty Images

Abu Dhabi property market soars in H1 2024, shows new report

According to Bayut’s report, Abu Dhabi real estate market demonstrated a strong performance in H1 2024, making it an attractive option for local and international investors

Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects

Masdar raises $1bn through second green bond issuance

Investor demand was strong, with the order book peaking at $4.6bn, representing an oversubscription rate of 4.6 times

tech outages

6 of the biggest tech outages in recent years

Even as the world reels from the Microsoft outage, here’s a look at some outages that have taken down major systems, in recent years

Expert warns: Days needed to recover from Microsoft, CrowdStrike outage

The global cyber outage has affected operations in different sectors internationally including at Spanish airports, US airlines and Australian media and banks

CrowdStrike CEO: “This is not a security incident or cyberattack”

CrowdStrike’s share price fell over 3 per cent in trade on the NASDAQ amid a ‘blue screen of death outage’

Microsoft

Microsoft global outage: Major banks, airlines and media impacted

Microsoft attributed the error to a recent update from CrowdStrike

Saudia turns to Germany’s Lilium for flying taxis

Saudia turns to Germany’s Lilium for flying taxis

The state-owned airline made a firm order for 50 of its eVTOL aircraft, with an option for an additional 50 later

Sheikh Hamdan

Sheikh Hamdan, Sheikh Abdullah sworn in as new deputy prime ministers: Watch

The ceremony took place at Qasr Al Watan in Abu Dhabi

WO-RK, the new co-working space at Burjamn Metro opens Launch Image Co-Spaces

Great reasons to go to WO-RK@Burjuman Metro

The newly-opened co-working space, situated within the bustling Burjuman metro station, offers accessible, affordable workspaces to entrepreneurs

CFI joins forces with DCT Abu Dhabi to sponsor local events

CFI will support key events such as the NBA Abu Dhabi Games and the USA Basketball Showcase, which bring top-tier NBA and international basketball to the region.

INDONESIA

Indonesia and UAE forge $3bn tourism development deal

The MoU, effective for one year with the possibility of extension, does not specify a fixed timeline for the $3bn investment

UAE-INDONESIA-TIES-WAM

UAE and Indonesia strengthen ties during high-level meet in Abu Dhabi

President Widodo was awarded the Order of Zayed, the UAE’s highest civilian honour, during a ceremony at Qasr Al Watan in Abu Dhabi

MAERSK-VESSELS

Maersk sounds alarm: Red Sea disruptions ripple across global shipping

Red Sea shipping disruptions having a ‘cascading impact’ said the shipping giant

INDONESIA-UAE-VISIT

Indonesian President Joko Widodo begins UAE state visit to strengthen bilateral ties

This state visit marks the one-year anniversary of the CEPA, which was signed in July 2022, and took effect a year later

UAE-GULF-STOCKS-MARKET

Top stocks in Q2 2024: UAE retail investors choose AI over Big Tech

Amongst the most held stocks, Q2 saw a significant shift in the rankings, with NVIDIA rising to become the second-most popular stock on the eToro platform, behind only Tesla

Oman

Oman mosque shooting: Death toll climbs as UAE condemns attack

Police have confirmed that four people were killed and several others injured following the incident.

saudi arabia - Vision 2030 - IMF

IMF revises Saudi GDP growth down on oil cuts

The IMF now projects Saudi Arabia’s GDP growth to be 1.7 per cent this year, a reduction of 0.9 percentage points from its April forecast

Abu Dhabi GDP

Abu Dhabi GDP growth hits 3.3% in first quarter of 2024

Non-oil activities now contribute 54.1 per cent to Abu Dhabi’s economy—the highest since 2015

AMAZON PRIME DAY

5 things to know about Amazon’s longest ever Prime Day sale in the UAE

Prime members in the UAE will have access to an extensive range of deals from top local and international brands

Airbus helicopters in KSA

Airbus trims its demand forecast for Middle East

After a prolonged lull, demand for larger wide-body planes is accelerating sharply as airlines renew capacity, impacting Airbus’ forecast for the long-haul fleet

MISS AI MOROCCO

Morocco’s Kenza Layli is world’s first Miss AI in virtual beauty pageant

The creators of Kenza Layli aimed to present her as a symbol of a strong and modern Moroccan woman

Cybercrime laws Image Getty Images

UAE cabinet reshuffle: here’s what you need to know

The UAE has two new deputy prime ministers following the announcement on Sunday

Egypt lowers 2025 wheat self-sufficiency target to 51%

Egypt lowers 2025 wheat self-sufficiency target to 51%

The government buys wheat internationally and locally in order to offer tens of millions of its citizens subsidised bread

SAmsung galaxy Z series Flip6

Samsung AI: New Galaxy Z Fold6, Flip6 take foldables into the future

Powered by Samsung AI, the latest Samsung Galaxy Z series is taking mobile experiences to the next level

Saudia passenger’s jumps by 24% in H1 2024

Saudia carries record 9 million passengers in H1 2024

The carrier operates a fleet of 144 aircraft, connecting Saudi Arabia with more than 100 destinations across four continents