Oman Insurance company rebrands itself as Sukoon

Oman Insurance unveils new corporate logo, rebrands as Sukoon

The new brandmark represents two human hands coming together, depicting a sense of security and protection for customers

Abu Dhabi Securities Exchange adds stock futures to derivatives market

Abu Dhabi Securities Exchange adds five single stock futures to derivatives market

From October 6, stock futures on Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Fertiglobe, Borouge and AD Ports will be available for trading on the derivatives market

Wizz Air restarts fligths to Moscow

Wizz Air Abu Dhabi offers 15% discount on select flights

The discount will be on selective flights to and from Abu Dhabi until December 14, for bookings made between October 6 and 7

Free parking and Darb in Abu Dhabi for Prophet’s birthday

Free parking and Darb in Abu Dhabi this weekend for Prophet’s birthday

Private sector employees across the UAE will have a holiday on Saturday, October 8

Hub71

Abu Dhabi’s Hub71 appoints new deputy CEO

Ahmad Ali Alwan has been a founding member of Hub71 since 2019

aramex

Aramex completes first drone delivery in Oman

The company plans to expand its drone delivery testing across the Middle East region

Saudi’s Seera Group to operate inbound charter flights to the kingdom

Flights will operate from November 2022 through to March 2023

Sheikh Mohamed

‘Dedicated teachers are the bedrock of our education system’, says UAE President

Sheikh Mohamed bin Zayed Al Nahyan said that during the next 20 years, education will determine the extent to which countries advance in terms of development and civilisation

Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah reappointed as Kuwait’s Prime Minister

The premier has been assigned to nominate members of the new cabinet

RAK Energy Summit

RAK Energy Summit concludes with focus on future of sustainable energy

RAK Energy Summit saw participation of UAE Ministry of Climate Change and Environment, IRENA, UN Industrial Development Organization

Kuwait Airways

Kuwait Airways launches service to Kuala Lumpur

The first flight to the Malaysian capital took off on October 2

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi operates first flight to the Maldives

The route will be operated four times per week in October, increasing to six times per week in November and operating daily from December

STC to spend $1bn to make Saudi Arabia a regional data hub

STC is expanding into a range of services beyond its core telephone network business

Aramco says global oil spare buffers to slump when China reopens

Analysts say there’s only about 2 million barrels a day of capacity that could be brought online quickly should there be a supply shutdowns

Emirates announces changes to commercial teams

Dubai’s Emirates announces changes to commercial team across Middle East, Europe, other regions

The new appointments will be effective from November 1

Multiply Group acquires 80% of International Energy Holding

Abu Dhabi’s Multiply Group acquires 80% of International Energy Holding

International Energy Holding’s remaining 20 per cent stake has been acquired by Alpha Dhabi Holding

Sharjah’s BEEAH Group launches AI-enabled recycling facility to bolster zero waste to landfill goal

At full operational capacity, the recycling facility will process around 156,000 tonnes of mixed recyclables per year

Saudi Arabia wins bid to host 2029 Asian Winter Games in Neom's Trojena

Saudi Arabia to host 2029 Asian Winter Games at NEOM’s Trojena

The announcement was made at the General Assembly meeting of the Olympic Council of Asia held in Cambodia

Saudi Arabia - FDI

IMF to establish regional office in Riyadh

The fund’s managing director said that the office will ‘spearhead engagement with regional institutions and strengthen relationships with country authorities’.

Saudi Crown Prince launches new company to develop downtown areas in 12 cities

Saudi Crown Prince launches company to develop downtown areas in 12 cities

Projects will be developed in the cities of Al-Madinah, Al-Khobar, Al-Ahsa, Buraidah, Najran, Jizan, Hail, Al-Baha, Arar, Taif, Dumat Al-Jandal, and Tabuk

Qatar outlines Covid-19 test requirements

Qatar outlines Covid-19 test protocols for international visitors attending FIFA World Cup

Visitors are not required to take a Covid-19 test after arrival in Qatar

New board formed for Abu Dhabi Businesswomen Council

New board formed for Abu Dhabi Businesswomen Council

The new board will have a mandate to help female entrepreneurs refine their skills, introduce them to laws and policies and help them leverage initiatives

Dubai sets new record with Palm Jumeirah mansion sale for $82m

Casa Del Sole, still partially under construction, will be completed in early 2023 and is set to have eight bedrooms

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE

Non-oil trade between UAE, China crosses Dhs1.72tn in 10 years

Non-oil trade between the two countries in the first half of 2022 amounted to Dhs118.4bn

ExPo City Dubai open on Oct 1

Expo City Dubai opens officially to visitors on Oct 1

The Vision and Women’s Pavilions are now open to visitors, in addition to the mobility and sustainability pavilions

UAE ranks first across Middle East, Africa and Asia to relocate for expats

This has been due to progressive policy changes, new visa regulations and increased resident confidence on the country’s economic growth over the past two years

UAE reduces fuel prices for October 2022

The price of Super 98 has been reduced to Dhs3.03 per litre

Flynas

Flynas to launch direct flights from two Saudi cities to Mumbai

Flynas scaled its fleet to 38 aircraft in June 2022 compared to 25 aircraft in January 2021

Oman oil driller Abraj Energy hires banks for $500m IPO

Oman oil driller Abraj Energy hires banks for $500m IPO

Abraj Energy was created in 2006 and owns about 20 land rigs

Wizz Air Abu Dhabi to launch new route to Ankara

The flight to Ankara will commence on January 19, 2023