ASUS Business

Here’s how ASUS Business is bridging the technological gap in education

The company is also aggressively launching new products, solutions and initiatives in 2022

Emaar Malls

Dubai’s Emaar Malls records nine month net profit of Dhs1.07bn, up 82% y-on-y

Its revenue for the first nine months of 2021 was reported at Dhs3.191bn, up 28 per cent over the corresponding period last year

Emirates Garuda Indonesia

Dubai’s Emirates signs codeshare MoU with Garuda Indonesia

Subject to required regulatory approvals, the codeshare agreement is expected to come into effect from January 2022

UAE reports 68 Covid-19 cases, 2 deaths

The nationwide case count has risen to 740,500

UAE says oil prices would be even higher if it wasn’t for OPEC+

Brent crude’s climbed 62 per cent this year to almost $84 a barrel

Investcorp

Bahrain’s Investcorp builds EUR1bn European real estate portfolio

It recently acquired ten UK industrial assets for a combined purchase price of GBP56.7m

Abu Dhabi authority implements plan for climate-smart agriculture

The Abu Dhabi Agriculture and Food Safety Authority has urged farm owners to shift toward organic agriculture

Saudi Arabia Oversight and Anti-Corruption Authority Nazaha

Saudi’s Nazaha arrests 172 individuals in latest corruption crackdown

Most of the arrests were made on charges of bribery, abuse of office, forgery and misuse of power

Bahrain aims to attract 14.1 million tourists by 2026 as part of new strategy

The strategy seeks to increase the contribution of tourism to Bahrain’s GDP to reach 11.4 per cent in 2026

Saudi stock exchange set for December trading debut, CEO says

The offering could value the bourse at between $3bn and $4bn

Debt management office

Sheikh Mohammed approves board of directors for Dubai International Arbitration Centre

The board will be chaired by Dr. Tarik Humaid Al Tayer, while Dr. Ahmed Saeed Al Suwaidi will serve as its vice chairman

Abu Dhabi, Etihad Towers complex.

New personal status law to be applicable to non-Muslims in Abu Dhabi

A new bilingual court will also be set up in the emirate to deal specifically with these matters, with all procedures conducted in Arabic and English

UAE reports 70 Covid-19 cases, 92 recoveries

The total number of reported cases has risen to 740,432

Dubai to encourage IPOs from private firms to revive market

The city merged its economic and tourism departments on Saturday

Abu Dhabi UAE government

Indonesia fund lets UAE invest in its high-yield instruments

The investment framework deal was signed with the Abu Dhabi Growth Fund

US backs $650m air-to-air missile sale to Saudi Arabia

The Aim-120 missile is one of the US Air Force’s top air-to-air weapon systems

Saudi Aramco raises oil prices sharply after OPEC+ sticks to output plan

Saudi Arabia sends more than 60 per cent of its crude exports to Asia

Abha International Airport Saudi Arabia

Saudi forces intercept another drone attack on Abha airport

The Abha International Airport has faced several drone attacks in recent months

Mahzooz

Participant wins Dhs10m jackpot in UAE’s Mahzooz live draw

In the most recent edition held on November 6, the winning combination of numbers were 36, 38, 26, 4, 37

Abu Dhabi updates green list; Turkey, Philippines and Malaysia among new additions

The green list now includes 95 destinations in total

Dubai Courts

Dubai Courts establishes two new courts to address securities-related disputes

Dubai Courts also announced the formation of a law enforcement committee for the emirate’s financial market

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed merges Dubai’s economy and tourism departments

Helal Al Marri has been named as director general of Dubai’s Department of Economy and Tourism

MENA’s proptech landscape: Primed for growth?

The evolving landscape will soon change the way adopting an innovative digital business model in the real estate market is viewed

artificial intelligence

To master AI as a revenue catalyst requires first understanding its costs

As smart technologies take more prominent position among the economic activity of nations, enterprises must look for efficiencies in their implementation

Dubai

Dubai relaxes Covid-19 physical distancing restrictions – reports

The mandatory spacing between individuals has been reduced from two metres to one

UAE reports 73 Covid-19 cases, 112 recoveries

The nationwide case count has now risen to 740,209

Abu Dhabi Securities Exchange launches derivatives market

The derivatives market is using the marketplace technology delivered by Nasdaq

Dubai’s Emirates to launch daily flights to Tel Aviv

The carrier has restored its Middle East network and currently flies to 12 cities across the region

Dubai Airshow

Israel Aerospace Industries confirms participation at Dubai Airshow 2021

The Israeli aerospace and defense company will be present at the airshow which will be held from November 14-18 at Dubai World Central

Qatar to invest billions in UK green technology site

The country is planning to build a science and engineering campus in the north of England