World Green Economy Summit discussed role of youth in climate change

World Green Economy Summit discusses role of youth in climate change

The summit discussed topics related to the skill development of youth in global climate policies, ways to empower them and the role of the government in supporting them

Michael Barclay, prominent British dignitary and army veteran, passes away

Barclay held a prominent position in the Dubai Defence Force before the unification of the UAE Armed Forces

Salik

Dubai’s Salik soars in trading debut after huge IPO order book

The Middle East has been one of the most active IPO markets in 2022

DGA

Saudi oil driller plans $710m IPO to expand operations

Arabian Drilling plans to use the IPO proceeds to scale up its onshore and offshore fleet and expand operations in the GCC region

Dubai's DVCOM to unveil its most advanced solutions in GITEX Global

Dubai’s DVCOM to unveil a hyper-converged infrastructure in Gitex Global

DVCOM will help business’s achieve a seamlessly collaborative-converged-communication environment using data-voice-video with the HCI model

Yousef-Abdullah-Al-Benyan

CEO of Saudi Arabia’s Sabic, Yousef Abdullah Al-Benyan, resigns

By virtue of a royal decree, Al-Benyan was appointed as the kingdom’s new education minister

Oman

Oman seeks to deepen capital markets with eye on Gulf IPO boom

Oman and Bahrain are the only countries in the GCC not classified as emerging markets by MSCI

Qatar airways

Qatar Airways to operate 55 total flights b/w Dammam and Doha for FIFA World Cup

The carrier will operate additional 25 flights around the match days of the Saudi national team

Experts and thought-leaders gather at Dubai Metaverse Assembly

Experts and thought-leaders gather at Dubai Metaverse Assembly

The Dubai Metaverse strategy aims to contribute Dhs4bn to the national economy over five years, along with supporting 40,000 virtual jobs

Metaverse and the Economy session (2)

Ministry of Economy announces metaverse HQ at Dubai Metaverse Assembly

The Dubai Metaverse Assembly is the first event of its kind, being held on September 28 and 29 at the Museum of the Future

Abu Dhabi’s ADNOC Distribution approves $350m interim cash dividend for H1 2022

This is the first payment in what is expected to be a full-year 2022 dividend payment of minimum Dhs2.57bn

CEPA agreement

UAE, Georgia begin talks on comprehensive economic partnership agreement

The agreement aims to drive economic growth in the two countries

Tourism airport

Emirates, Etihad Airways and flydubai scrap masks rules on flights to UAE

Earlier this week, the National Emergency Crisis and Disaster Management Authority eased Covid-19-related restrictions across the UAE

Saudi Crown Prince

Saudi Crown Prince Mohammed bin Salman named Prime Minister

The directive comes as part of a cabinet reshuffle

UAE President arrives in Oman on two-day state visit

Sheikh Mohamed bin Zayed Al Nahyan was welcomed by Sultan Haitham bin Tariq, upon his arrival in Muscat

UAE announces private sector holiday for Prophet’s birthday

Employees will be entitled to a day’s paid leave on Saturday, October 8

Scan & Go payment provider MishiPay launches in UAE

MishiPay launches in UAE, allows shoppers to scan and pay

The payment ecosystem commences its operations in the UAE by deploying its self-checkout technology across Virgin Megastore outlets

IG Group appoints Sharaz Hussain to senior executive officer role

IG Group appoints Sharaz Hussain to senior executive officer role

Prior to that, he held senior finance executive positions at several institutions including ICAP, MF Global, Credit Suisse and JP Morgan

Flydubai begins direct service to Namangan

Flydubai begins direct service to Namangan

Namangan becomes the carrier’s third point in Uzbekistan in addition to Samarkand and Tashkent

sustainable waste management in Egypt

Sharjah’s BEEAH Group, Green Planet partner to advance sustainable waste management in Egypt

The two entities will implement waste management strategies that align with Egypt’s sustainability agenda

agility

Kuwait’s Agility Ventures invests in India’s e-commerce platform Shiprocket

The investment was part of Agility’s strategy to expand across digital logistics and e-commerce in high-growth markets

WETEX and Dubai Solar Show support UAE's Net Zero 2050 Strategy

WETEX and Dubai Solar Show begin, supports UAE’s Net Zero 2050 Strategy

The exhibition is an integrated platform for organisations in the water, energy and environment sectors to learn about the latest technologies, solutions and developments

In pics: Expo City Dubai launches Dhs120 one-day pass

Children aged 12 and under and people of determination can visit the attractions for free

Air Arabia

UAE’s Air Arabia, Ras Al Khaimah International Airport sign cooperation agreement

The agreement aims to enhance the services of both entities

Sohag

Saudi carrier flynas to resume direct flights to Sohag from Riyadh, Jeddah

From October 30, three weekly flights will connect the two Saudi cities to Sohag

HSBC Saudi Arabia promotes Faris Alghannam to CEO role

Alghannam has been with HSBC Saudi Arabia since 2011

Emirates to ramp up operations to South Africa

Dubai’s Emirates to ramp up operations to South Africa

The airline will increase its operations on the Dubai-Johannesburg route with three daily flights, starting March 1, 2023

Qatar

TotalEnergies invests about $1.5bn in Qatar gas field

The project will raise Qatar’s liquefied natural gas capacity to 126 million tons

oman weather alert - rain

Non-oil trade between UAE and Oman crosses Dhs362bn in 10 years

Non-oil exports accounted for 33 per cent of the total non-oil trade during the past ten years

rigs

Abu Dhabi’s ADNOC Drilling acquires offshore jack-up rigs for $140m

The two new rigs will join the ADNOC Drilling fleet and commence operations by the end of the year