Abu Dhabi’s ADNOC announces $6bn investments to foster drilling growth

The investments are in the form of procurement awards to contractors

Abu-Dhabi

Abu Dhabi to get Middle East’s first waste-to-sustainable aviation fuel plant

The plant will have the potential to transform up to four million tonnes of municipal solid waste every year into sustainable aviation fuel

Zofeur

Dubai-based tech startup raises $500,000 in seed funding

The company was founded in July 2020 and now has over 50,000 users in Dubai alone is offering a unique pay per minute payment model

DubaiDubai Future District Fund

New Dhs1bn fund to support tech startups in Dubai

Sharif El-Badawi has been appointed as CEO of the Dubai Future District Fund

UAE Armed Forces signed Dhs11.28bn deals on day two of Dubai Airshow 2021

The total number of deals across the two days of the exhibition equalled 10

Dubai’s Emirates bolsters cargo capacity with $1bn investment

Emirates SkyCargo operated more than 27,800 flights on its passenger freighters and mini-freighters in the one year period from March 2020

Saudi sees ‘no useful purpose’ in engaging with Lebanon

Saudi Arabia, the UAE, Kuwait and Bahrain have all recalled their diplomats from Lebanon

Qatar Doha

Qatar adds UAE, UK to travel red list

Effective Monday, November 15, there are 21 countries on Qatar’s red list

Saudia weighs bumper jetliner order to reach 250-strong fleet

The carrier is targeting a fleet of 250 aircraft by 2030

Emirates plans to deploy up to 60 A380s by year-end – Sheikh Ahmed

The company is planning to deploy more of the wide-body aircraft as demand hikes

OPEC+ will probably stick with oil-production strategy, says UAE

Crude has soared around 60 per cent to more than $80 a barrel this year

UAE reports 61 Covid-19 infections; nationwide case count crosses 741,000

The Covid-19-related death toll has risen to 2,144

Dubai tech firm StarLink unveils listing plan

StarLink provides cybersecurity and cloud services across the Middle East, Africa and Turkey

Dubai’s DXB handled 20.7 million passengers in the first 10 months of 2021

Its passenger volumes in the third quarter totalled 6.7 million

Here’s how technology plays a vital role in sustainability

Working across a diverse range of industries, Aveva ensures that its technological offerings are responsible and sustainable, says SVP, head of EMEA, Evgeny Fedotov

Cover story: President of Dubai’s Property Finder on why it aims to be more than just a real estate platform

Here’s how the former Facebook and Google executive, Ari Kesisoglu, is bringing that plan to life

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud

Saudi Arabia to establish world’s first non-profit city

The 3.4 square kilometre Prince Mohammed bin Salman Non-Profit City will be located in the Irqah neighbourhood, adjacent to Wadi Hanifa

Airbus gets mega-order for 255 jets led by Wizz, Frontier

The deal for Airbus’s larger A321 model is valued at more than $30bn before typical industry discounts

85% of job seekers in UAE feel their roles can be performed remotely – survey

Nearly 21 per cent of job applicants also said that they had relocated since the start of the Covid-19 pandemic

Emirates Gulf Air

Dubai’s Emirates and Bahrain’s Gulf Air unveil codeshare plans

The MoU was signed on the first day of the Dubai Airshow 2021

UAE’s Ministry of Industry and Advanced Technology launches Make it in the Emirates Lab

In collaboration with Procter and Gamble, Access SMEs programme provides essential training in operations, quality, supply chains, and tools for reaching global markets

Dubai Airshow 2021

UAE’s Ministry of Defence signs Dhs5bn deals on opening day of Dubai Airshow 2021

The ministry concluded five deals with both local and international companies

Emirates fleet rethink could boost Airbus at Boeing’s expense

The carrier narrowed losses to $1.6bn in the first-half through September, with revenue up 81 per cent

Downtown Dubai

UAE’s Emaar Development reports net profit of Dhs2.38bn for first nine months of 2021

It reported its highest ever property sales of Dhs20.94bn over the same period

Dubai’s utility asks banks to pitch for multi-billion dollar IPO

DEWA reported net income of $1.3bn for 2019

data centre

Saudi Arabia’s STC continues Phase 3 of data centre project across the region

The programme will provide a full range of services and safety measures of assets across key cities such as Riyadh, Jeddah, and Dammam

Tremors felt in parts of the UAE following quake in Iran

Many buildings in Dubai were evacuated

Edge group unit wins Dhs11bn contract from UAE Air Force and Air Defence

Edge also launched new products within its portfolio of advanced unmanned aerial vehicles (UAVs) at the Dubai Airshow on Sunday

UAE’s Century Financial to launch new funds, AI trading platform and property crowdfunding site

The investment firm is diversifying its business with plans to also launch in Saudi soon, says Ali AbdulKareem Ali, senior executive director at Century Financial

UAE reports 66 Covid-19 cases, 92 recoveries

The nationwide case count has risen to 740,945