Opening date revealed for Clymb Abu Dhabi, featuring world’s tallest indoor climbing wall

The $100m project is coming up in Yas Island

Aramco consortium reportedly seeking to raise $6bn for gas project

Standard Chartered Plc and Banque Saudi Fransi are advising on the talks with local and international lenders

Saudi Arabia’s sovereign fund to invest $10bn in Brazil

The two governments will form a council which will define the sectors and the timing of the investments

Saudi energy manufacturing sector to create jobs, strengthen country’s exports – report

A majority in the survey conducted felt that energy manufacturing should be a shared responsibility of the government and private sector

Smart Dubai lists 14 most data-compliant entities

A total of 35 government and semi-government entities participated in a data challenge

Saudi to allow foreign universities to open branch campuses

The decision aims to “increase competitiveness” in the kingdom’s university education system

Kuwait, Bahrain wealth funds to consider investing in Saudi Aramco IPO

Saudi Aramco is working toward an IPO that may raise $40bn

World’s largest fish and meat online retailer to create 1,000 jobs in UAE, Saudi

FreshToHome.com is among the top five e-grocers in the UAE, making over 1,000 daily deliveries

Saudis are ready to do deeper oil cuts, OPEC minister says

Nigeria is holding talks with Saudi Arabia for the supply of oil products to the African country

UAE’s re-exports market accounts for 28% of country’s total trade

In 2018, UAE’s re-exports reached Dhs431bn

UAE approves 2020 budget, Sheikh Mohammed says ‘decade of development’ to begin

One-third of the Dhs61bn federal budget will be allocated to the social development sector

UAE cuts petrol prices for third consecutive month in November

Petrol prices are linked to movements in international oil rates, which have seen strong volatility

UAE issues travel alert in wake of California blaze

Advisory issued especially for those in Brentwood, Bel Air and Pacific Palisades

Responsible AI

Saudi Arabia will host global Artificial Intelligence summit in 2020

The event, slated to be held in Riyadh in March, will facilitate AI knowledge exchange

Aramco to trade on Saudi Exchange on December 11, reports Saudi media

It also reported that Saudi Arabia’s Capital Markets Authority will announce the start of the initial public offering process on Sunday

Dubai launches Sharia Index

The index consists of 40 listed companies, of which 30 are UAE firms while 10 are dually listed companies

Sharjah International Book Fair begins October 30

The 38th edition will host 173 authors and 2,000 publishers from 81 countries

Video: UAE issues weather alert with roads closed due to high waves

Waves are expected to reach heights of 7 feet along the east coast

Saudi’s BinDawood picks JPMorgan, Goldman for IPO

The group operates the BinDawood and Danube supermarkets and hypermarkets

Dubai Miracle Garden announces opening date

The world’s largest natural flower garden aims to break another world record this year

Dubai launches new platform to focus on cyber threats

The initiative will tackle cyber threats

Dr B.R. Shetty, Founder and Co-Chairman of Finablr, at the London Stock Exchange[2] copy

Abu Dhabi billionaire BR Shetty mulling IPO of pharmaceuticals business

Work on the potential share sale in Neopharma is at an initial stage

Dubai’s JLT to be the region’s first 5G powered district

Etisalat Digital will also offer smart solutions pertinent to air quality, noise pollution, parking and traffic monitoring

Dubai’s Emirates NBD appoints new CFO, reports 63% rise in nine-month profit

The bank had announced in April that the outgoing CFO Surya Subramanian will return to Singapore to pursue family interests

UAE’s FTA to begin second phase of tobacco markings

The first phase of the scheme banned all type of cigarettes in local markets that didn’t bear the digital tax stamps

Saudi hopes tourism will provide jobs for 10% of total workforce

The kingdom aims to receive 100 million annual visitors by 2030

Dubai reveals dates for three-day ‘super sale’ with discounts of up to 90%

The event will see over 500 brands taking part across more than 2,000 outlets

Dubai introduces low-cost taxi fares for Global Village visitors

Special taxi fares begin October 29 when Global Village opens

Kuwaiti developer unveils plans for region’s first ‘hybrid outlet’ mall

The 350,000 square-metre mall is located in Sabah Al Ahmad Sea City

Abu Dhabi lender ADCB to exit operations in Qatar, Kuwait

The bank completed a three-way merger in May