Sultan AlNeyadi with other crew members

UAE’s Sultan AlNeyadi begins return journey home: Watch live stream

The Emirati astronaut has begun his return journey home to Earth after spending six month aboard the International Space Station

Red Sea shipping

Saudi crude oil exports plummet as OPEC giant slashes production

Since July, the kingdom has pledged to implement a unilateral production cut of one million barrels a day on top of existing curbs

UBS says UAE economy to grow by 3.5% in 2023

UAE economy to grow by 3.5% in 2023

The country’s non-oil economy is projected to grow by a robust 4.5 per cent this year

Kuwait Investment Office manages $250bn in assets

Kuwait wealth fund’s London arm manages $250bn in assets

The fund mainly invests directly, predominantly in public equities and fixed income but also in alternatives like real estate and private equity

Here’s how Yardi is revolutionising UAE property market

How Yardi is revolutionising the Middle East’s property market

The growth in the Middle East’s property market is creating opportunities for proptech companies such as Yardi to provide innovative solutions that meet the needs of investors, sellers and end-users

UAE, New Zealand enter preliminary talks on CEPA

UAE, New Zealand enter preliminary talks on CEPA

The two countries already share a productive trade relationship, with non-oil trade reaching $805m in 2022

Sultan AlNeyadi

UAE: Sultan AlNeyadi’s return to Earth delayed, new date released

The Emirati astronaut will begin his journey back to Earth from the International Space Station on Sunday, September 3

Ben Stokes cricket

England Cricket captain Ben Stokes predicts Saudi could be the next biggest player in cricket

Ben Stokes was unveiled as one of the athletes backing a new venture capital firm allowing sports stars to invest in consumer-facing startups

W Al Marjan Island will feature 300 rooms (Image: Supplied by Marjan)

Marriott confirms second property for Al Marjan Island

W Al Marjan Island will include 300 rooms and is slated to open in Ras Al Khaimah in 2027

oil imports

India’s crude oil imports from Saudi Arabia surges

The world’s third largest oil importer has increased its purchase of oil from Saudi Arabia

Road closure-Abu Dhabi

Abu Dhabi: Road closure on Sheikh Zayed bin Sultan Street

This road closure will come into effect on August 31 and will be in place until September 4

Flydubai first UAE carrier to operate direct flights to Mombasa (Image: Supplied by flydubai)

Flydubai first UAE carrier to operate direct flights to Mombasa

With the launch of this route, flydubai will grow its network in Africa to 11 destinations in 10 countries

Aliph Capital secures funding from PIF-backed Jada

Saudi PIF’s Jada invests in Aliph Capital’s “Aliph Fund I”

The investment reinforces Jada’s commitment to supporting small and midsize enterprises in Saudi Arabia

Automobiles partners with Tabby

Arabian Automobiles, Tabby partner to advance after-sales experience

The partnerships will offer enhanced convenience and flexibility when it comes to vehicle maintenance and repair costs

EGA expects demand to drive aluminium prices

Top Middle East aluminium maker sees prices rising with demand

The company expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months

emirates flights

Emirates cancels flights due to Super Typhoon Saola

The airline notified that customers flying or connecting to Hong Kong will not be accepted for travel at the point of origin until further notice

Borouge

Borouge shareholders approve multimillion dollar dividend

The interim dividend will be paid to shareholders who have purchased Borouge shares as of September 7

How Basma Ashry revolutionised the UAE business landscape

Basma Ashry: A trailblazing young force in the business landscape

Under her guidance, Business Incorporation Zone has helped more than 2,500 entrepreneurs launch their businesses in the UAE

UAE announces petrol, diesel prices for September 2023

UAE announces petrol, diesel prices for September 2023

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 28 fils per litre in September

MoHRE fines these companies up to Dhs100,000. Here’s why

Fake Emiratisation jobs: MoHRE levies fines up to Dhs100,000

Emiratisation is aimed at enhancing the UAE’s human development system, establishing productive and sustainable Emirati human capital in the private sector

SAUDIA Group allocated 1.2 million seats for 2023 Hajj season. Image credit: Twitter @bhx_official

SAUDIA Group allocated 1.2 million seats for 2023 Hajj season

The group has revealed its operational performance during the peak of the summer travel season from May 21-August 2, 2023

Aldar

Gardenia Bay: Aldar launches new Yas Island residential community

The development will feature monitoring meters to reduce energy, water, and waste consumption with an aim to achieve a Pearl 3 Estidama rating

World Padel Tour

Qatar Sports Investments acquires World Padel Tour

The agreement will consolidate the sport’s two biggest professional tours into one under the name Premier Padel

DEWA files patent for advanced battery performance

DEWA’s R&D Centre files new patent for advanced battery performance

The innovation is part of the company’s efforts to promote the technologies of energy production and storage

G42 launches Jais, open source Arabic language AI model

Abu Dhabi’s G42 launches Jais, open source Arabic language AI model

The language is a transformer-based large language model that incorporates many cutting-edge features, including ALiBi position embeddings

Mohamed Alabbar - Eagle Hills Chairman

Emaar plans a hike in dividends in 2023, no IPO for noon: Mohamed Alabbar

Alabbar underscored the performance of Emaar Properties’ during H1 2023, driven by the economy and tourism sectors

Binance Bahrain

Binance launches crypto futures in Bahrain

Binance Bahrain BSC is the first regulated exchange in the region to offer these services and the only exchange with a CAT4 licence

non-oil trade boosts UAE Economy

UAE: Sheikh Mohammed says 2023 ‘best economic year’ as non-oil trade hits all time high

The Dubai ruler forecast the UAE’s non-oil foreign trade is on track to reach Dhs2.5tn this year and hit Dh4tn by 2031

UAE licence Dubai RTA

Kuwaiti fintech MyFatoorah secures UAE central bank licence

The payments solutions provider is now positioned to offer direct merchant-acquiring services and payment aggregation solutions with reduced reliance on traditional banking channels

Riyadh Air to support inclusion of Saudi nationals in aviation workforce (Image: Supplied by Riyadh Air)

Riyadh Air to support inclusion of Saudi nationals in aviation workforce

The agreement includes the activation of a female training programme specialised in the field of engineering and maintenance