startup show comes to UAE

The Falcons: Startup funding show comes to the UAE

The show brings the pressure, the suspense and the glory of raising capital to TV screens in the UAE in a10-episode season

Red Sea Global partanna image- Red Sea Global

Saudi’s Red Sea Global, Partanna project to use carbon-negative concrete

Partanna, which uses recycled ocean water brine in its carbon-negative concrete, will supply Red Sea Global with 11,000 carbon-negative pavers initially for its landscape nursery

Dubai Chamber

Dubai Chamber of Digital Economy attracts 30 startups in Q1 2023

The chamber is supporting Dubai’s digital transformation while cementing its status as the global digital economy hub

Uptown Tower by DMCC

DMCC appoints Mace as building operations management firm for Uptown Tower

The 81-storey tower, set to launch in the coming months is the first one to be built within the Uptown Dubai district

ADNOC Drilling

ADNOC Drilling acquires two new jack-up rigs for $220m

The rigs will become operational in the fourth quarter of 2023

UAE weather

UAE weather: Temperatures to hit 50°C this week

However, residents in Dubai can expect a slight respite on Friday, with a relatively cooler day at 37°C

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

Marriott Executive Apartments (Image: Supplied by Marriott)

Marriott Executive Apartments debuts in Kuwait

It features 164 units ranging from studios to three-bedroom serviced apartments

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

Abu-Dhabi new speed limit - Getty Images

Abu Dhabi: New speed limit to kick in on June 7 on this road

Authorities recently lowered the speed limit on Sweihan Road — from Al Falah Bridge towards Abu Dhabi International Airport — from 140kmph to 120kmph

Sheikh-Hamdan-reviews-DET-plans-progress-on-Dubai-economic-Agenda d33 Dubai Media Office

Sheikh Hamdan reviews DET progress on Dubai Economic Agenda D33 goals

According to the latest DET data, Dubai recorded an increase of over 30 per cent in new business licenses issued during Q1 2023 compared to the same period in 2022

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

Saudi Arabia sports clubs’ privatisation plan

Saudi Arabia kicks off sports clubs privatisation project

The project seeks to raise Saudi Pro League’s commercial revenues from SAR450m in 2022 to over SAR1.8bn annually

Eid AL Adha Image credit Getty images

Eid Al Adha 2023 likely to start on this date, predicts UAE astronomer

Eid Al Adha, which means the ‘festival of sacrifice’, is observed on the tenth day of the twelfth and final month in the Islamic calendar, Dhul Hijjah

Emirates to host 80th IATA AGM

Dubai’s Emirates to host 80th IATA AGM

The 80th IATA AGM will be the first global gathering of aviation’s top leaders to be hosted in the UAE

Lumina’s role is to support UK companies

Lumina Capital appointed registered provider to UK’s DBT

The firm will support UK companies seeking to engage in the Middle East in sectors such as healthcare, renewable energy and technology

LBS' Jane Khedair on why the MENA region is prime ground for VCs and startups

Insights: Why the MENA region offers exciting opportunities for VCs, startups

The abundance of family money, rising government and financial support for startups complemented by the focus on economic diversification has put the region into the spotlight

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

Oil production to be hit after Saudi Arabia announces cuts. Image: Getty Images

Saudi Arabia to cut additional one million barrels in oil production after OPEC+ talks

The 23-nation group offered no additional action to buttress the market, but pledged to maintain their existing oil production cuts until the end of 2024

FTA Director General Khalid Ali Al Bustani

Corporate tax: FTA launches corporate tax workshop platform

The new feature forms part of the steps the FTA has taken to ensure a smooth implementation of the corporate tax law

National Bonds raises stake in Taaleem oup CEO image National Bonds

National Bonds increases stake in Taaleem to 22%

Taaleem operates 26 schools with 27,000 students, supported by more than 1,700 faculty members and 3,000 administrative staff in the UAE

Riyadh Air

Riyadh Air unveils new livery

The airline describes it as a “perfect blend of cutting-edge technology and timeless elegance”

Samana Ivy Gardens

UAE real estate: mid-tier developments are top buyer preferences

After a spate of ultra-luxury and luxury housing sales, mid-tier developments look to drive the UAE’s real estate market

DIB launches DIB alt image DIB

Dubai Islamic Bank launches DIB ‘alt’, consolidates digital offerings

DIB alt brings together more than 135 digital services via the DIB Mobile App, online banking, WhatsApp and ATMs

Emirates to recycle onboard items as part of its new closed loop recycling initiative Image credit Emirates

Emirates to recycle plastic trays, items used onboard into new products

The airline has launched a new closed-loop recycling initiative, which will see millions of onboard items recycled in a local facility into fresh, ready-to-use products

Unemployment insurance scheme_MOHRE

UAE Unemployment Insurance scheme: Know the policy claim companies

The UAE government has signed an agreement with nine local companies to operate and fund the unemployment insurance scheme

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

AD Ports Group, Crystal Offshore deal

AD Ports Group inks 25-year agreement with Crystal Offshore

The new shipyard fabrication facility will cater for drilling rigs and marine assets as well as deep water vessels such as FPSO

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

UAE launches nationwide sustainability awareness campaign Image: Credit Getty Images

COP 28: New national campaign launches to raise sustainability awareness

The campaign aims to spread awareness about UAE’s environmental sustainability issues, encourage community engagement and support climate action strategies ahead of COP28