Search Results for: "AD Ports"

Six Senses Amaala to launch in Saudi Arabia Image Six Senses Amaala

Six Senses to launch resort in Amaala, Saudi Arabia

Six Senses Amaala is set to open as part of the first phase of the Triple Bay development

Dubai Chambers Image credit WAM Dubai Chambers Dubai Media Office

Dubai Chamber of Commerce welcomes 15,366 new member companies in Q1 2023

The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities

Air Arabia to expand fleet size in 12 months Image Air Arabia

Air Arabia reveals plans to double current fleet within 12 months

The enhanced fleet size will continue to support inbound tourism, particularly in Abu Dhabi, as the emirate continues to see a rise in tourism

MacBook Air Apple

Apple introduces ‘world’s thinnest’ 15-inch MacBook Air

The laptop measures only 11.5mm thin and weighs just 3.3 pounds

IATA global airlines

Global airline profit to reach $9.8bn in 2023: IATA

The industry’s operating profit will reach $22.4bn this year, more than the December forecast of $3.2bn

iOS 17

Watch the launch of Apple’s iOS 17 and other exciting reveals at WWDC 2023

Taking place at the company’s campus in Cupertino, California, the event is scheduled to start today at 9:00 pm GST

Saudi Arabia disburses $8bn

Saudi Arabia’s National Development Fund disburses over $8bn in financing

The Saudi Industrial Development Fund supported over 100 beneficiaries through the industrial fund’s academic and advisory programmes

NEOM - TELFAZ11 Productions

NEOM, Telfaz11 sign partnership to produce nine shows and three films

Two feature films and one series which are currently under development at NEOM’s media hub, will be included in the overall deal

Zest Pharmacy retail outlet

Aster Pharmacy, Spinneys launch Zest Pharmacy in Abu Dhabi

The pharmaceutical concept will provide a wide range of products including skincare, nutrition, cosmetics and mother and childcare

Saudi-backed Lucid Air sedan

Saudi-backed electric car maker Lucid plans to raise $3bn

The automaker plans to use the proceeds for general corporate purposes including capital expenditures and working capital

TAQA, ENGIE & EWEC desalination plant.jpeg

TAQA, ENGIE and EWEC close $620m financing for desalination plant

The plant will desalinate seawater using low-carbon intensive reverse osmosis technology to produce water sufficient to meet the demand of up to 210,000 households

Dubai ICD posts record profit

Dubai wealth fund ICD records full year profit of Dhs36.1bn

The wealth fund said its banking and financial services division, the largest contributor in 2022, generated Dhs15.3bn in net profit

EDB finance deals

Make it in the Emirates Forum: EDB unveils Dhs424m in financing deals

The deals come as part of the bank’s mandate to approve Dhs30bn in funding support to companies in the UAE within five key focus sectors

The biggest future trends in education

Insights: The biggest trends shaping the future of education

James Shipton, Regional Exams Director, MENA, British Council tells us that the outbreak of Covid-19 accelerated several education trends, including a greater acceptance of digital technology

hydrogen

Saudi Arabia wants to have buses running on hydrogen next year

By mid-2024, Neom will be making hydrogen for vehicles such as buses and trucks, Dave Edmondson, CEO of Neom Green Hydrogen, said in Dubai

SRC CEO Fabrice Susini image credit SRC twitter

PIF’s Saudi Real Estate Refinance Company completes latest sukuk issuance of SAR3.5bn

This is the sixth tranche under SRC’s upsized SAR20bn sukuk programme

Tabreed forays into India

UAE’s Tabreed invests Dhs44m in TATA Realty’s Intellion Park

The Dubai-listed firm will acquire the existing cooling infrastructure at the Intellion Park development, which covers a total area of 3.5 million square feet

F1 Team Stake

Alfa Romeo F1 Team Stake launches partnership with Aioka

As part of the new partnership, Aioka will enhance the team’s offer to guests, as well as to corporate groups and individuals

S&P Global affirms positive outlook on Bahrain

S&P Global affirms rating, positive outlook on Bahrain

The country’s fiscal and debt positions strengthened in 2022 on the back of higher oil prices and budget consolidation measures

Saudi SEZs

New Saudi SEZs attract $12.6bn from maritime, mining, manufacturing, logistics sectors

The Saudi SEZs offer competitive corporate tax rates, exemption from customs duties on imports, production inputs, machinery and raw materials, and 100 per cent foreign ownership of companies

DEWA commissions new reservoir (1)

DEWA commissions 60 MIG Lusaily water reservoir

The utility firm is currently working on three other reservoir projects in Nakhali, Hassyan and Hatta in addition to the newly commissioned reservoir

Armin Moradi - Co-Founder & CEO at Qashio on importance of accounting automation for corporate tax Image credit Qashio

The importance on accounting automation in UAE’s corporate tax era

Businesses must assess their finance technology stack to check if the tools can effectively manage the new processes required and if the systems in place integrate efficiently to allow for seamless automation

Saudi Arabia’s five-year-old film industry hits Cannes Film Festival

The kingdom has also invested in esports and video games and committed billions of dollars of spending on football stars, teams and tour sponsorships

Turkey's president Recep Tayyep Erdogan

Recep Tayyip Erdogan seals victory in Turkey presidential elections

The incumbent prevailed 52.1 per cent to 47.9 per cent in a runoff vote with opposition challenger Kemal Kilicdaroglu

Dubai customs

Dubai Customs brings in customised x-ray scanning system

The new installation will speed up clearance operations for heavy and light vehicles, equipment, and yachts at the Jebel Ali and TECOM Customs Centre

UAE and Poland seeks to bolster ties

UAE, Poland seek to strengthen financial and economic ties

The two countries agreed to strengthen their cooperation and exchange knowledge, experiences and best practices in the field of tax policy

RTA reveals net zero operations plan image RTA

Here’s how Dubai’s RTA will transition to zero-emission operations by 2050

The strategy will help reduce carbon dioxide emissions by 10 million tonnes and contribute to financial savings worth Dhs3.3bn in comparison to current operations

Sheikh Mohammed bin Rashid at Jebel Ali public beach. Image credit: Dubai Media Office

Sheikh Mohammed approves master plan for Dubai’s public beaches

The proposed development forms part of the Dubai 2040 Urban Master Plan, and aims to increase the length of public beaches by 400 per cent

UAE announces fund to support restoration of heritage projects in Africa Photo credit WAM

UAE to fund world heritage restoration, rehabilitation projects in Africa

These projects will be implemented in cooperation with local governments, alongside local and international partners

ASUS Zenbook S 13 OLED

Redefining Mobility: Introducing the astonishingly lightweight ASUS Zenbook S 13 OLED

Unmatched portability at 1cm thin and 1kg light