Brent oil rises above $85 as Saudi Arabia vows caution on supply

Oil has more than doubled over the past 12 months as the global economy rebounded from the dislocation caused by the coronavirus pandemic

Bees airline

Low-cost carrier Bees Airline commences flights between kyiv and Sharjah

The airline will operate twice weekly non-stop flights on Wednesdays and Saturdays

Covid-19 vaccine

UAE, Israel sign MoU on mutual recognition of Covid-19 vaccination certificates

The agreement was signed by Abdul Rahman bin Mohammad bin Nasser Al Owais, UAE’s Minister of Health and Prevention, and Nitzan Horowitz, Israel’s Minister of Health

Mahzooz

Asian man wins jackpot Dhs50m prize in UAE’s Mahzooz draw

Mahzooz also announces new raffle draw where the top prize will now be Dhs10m

UAE launches ‘major investigation’ into Dubai developer Union Properties

The Public Prosecution is investigating allegations of financial violations committed by chairman Khalifa Hassan Al Hammadi as well as other senior executives

covid-19

UAE reports 94 new Covid-19 infections, one death

The total number of recorded infections in the country stands at 739,284

Cafu car service

Cafu rolls out new at-home car service facility for Abu Dhabi customers

It will now offer on-demand battery replacement, tyre change, and engine oil change services in Abu Dhabi

Sunil Paul, Finesse

Why do some digital transformation initiatives fail?

Sunil Paul, co-founder and managing director at Finesse explains how organisations can power and secure their digital transformation journeys in the post-pandemic world

Emirates Draw

Results of fifth edition of Emirates Draw revealed

The winning combination of numbers for the main draw were 5041084

Dubai’s Union Properties says arbitration claims by its subsidiary has reached Dhs3.5bn

The arbitral tribunal is expected to issue its decisions on a number of the claims in the second quarter of 2022

Sheikh Mohammed approves beach project as part of new Hatta Master Development Plan

The Hatta Master Development Plan covers four key strategic pillars: wellbeing, tourism, sports and activities, and sustainability

Abu Dhabi fertilizer firm Fertiglobe raises $800m in IPO backed by Singapore

The company will be valued at $5.8bn and the stock will start trading in Abu Dhabi on October 27

Different Arab money

Saudi VC firm STV looking to raise $1bn for Middle East tech fund

Interest in the technology industry in the Middle East has increased the past few years

Saudi to start electric-vehicle push in Riyadh

The kingdom aims to ensure at least 30 per cent of the cars in its capital are electric by 2030

Saudi Green Initiative

Saudi Arabia aims to achieve net zero emissions by 2060

It involves an investment of SAR700bn, with the minister of energy adding that the initiative will not have an adverse economic impact on oil exporters

How staying less connected reduces stress

None of us enjoys a culture of always being connected if it spirals out of control

Digital transformation will lead to a cleaner future

While sustainability is the future, digital transformation is a key enabler supporting industries make the transition

Brazil, UAE can collaborate on vaccines for future pandemics: Brazilian Minister

Brazil will develop vaccines for diseases such as dengue, chikungunya and yellow fever, which are prevalent in tropical countries

Azimut and Gellify launch a $50m VC fund to support MENA startups

The new fund will focus on enhancing advanced technology-based innovation in the region, identifying and nurturing B2B tech startups

Google cloud

Etisalat to launch 5G enterprise multi-access edge computing in collaboration with Microsoft

Etisalat deploys Microsoft Azure Stack Edge to offer 5G, IoT and AI applications at the enterprise customer premise

Saudi’s Dar Al Arkan and Katara Hospitality join hands to develop sea-front project in Qatar

The project marks Dar Al Arkan’s first entry into Qatar with the aim of driving the development of the luxury property market

Mobiles

Northladder partners with electronic retailers to enhance trade-in programmes in the UAE

As people increase the trade-in of their devices, Northladder will launch white labelled apps for retail partners

Here’s how blockchain has revolutionised the regional financial sector

While blockchain technology is still in its early stages in the Middle East, public and private sectors are aggressively using it to streamline operations

Dubai’s DP World launches a single window digital solution for smart logistics

The first phase of the launch will immediately offer customers access to book cargo from UAE to India

Mobily and Ericsson sign agreement to recycle old electronic devices in Saudi Arabia

The partnership is in line with Mobily’s efforts to reduce its emissions through using environmentally responsible methods for recycling old devices

ICC T20 World Cup: Abu Dhabi offers half-priced PCR test for visitors

Abu Dhabi Sports Council and UAE’s VPS Healthcare have entered into a partnership for this initiative

Esports

Dubai-based Geekay Esports expands portfolio with Emirati Valorant team

The group also plans to host university and school-level tournaments across the UAE

Mohamed Al Fayed, Co-founder and CEO of GrubTech

The SME Story: Mohamed Al Fayed, co-founder and CEO of GrubTech

GrubTech is a digital platform transforming the restaurant and cloud kitchen business in the region

Expo 2020 Dubai

How the Expo is boosting the UAE’s SME landscape

Here’s how SMEs can leverage the global spotlight and influx of capital that Expo 2020 Dubai will attract in abundance

Dubai tourism

Dubai’s tourism sector won’t rebound until late 2022, S&P says

The city is hosting the World Expo 2020 this year, and it hopes to attract millions of tourists