GCC weather rain

GCC-wide weather alert: Saudi Arabia, Bahrain, Oman, Qatar issue advisories

Saudi Arabia’s General Directorate of Civil Defence said that most parts of the kingdom will experience moderate-to-torrential thundershowers this week

e& Group’s Q1 subscriber base jumps to 173 million

e& Group’s subscriber base grows to 173 million in Q1 2024

The company’s UAE subscriber base grew 4.5 per cent annually to 14.5 million while aggregate subscribers rose by 5 per cent to 173 million

rain - weather

UAE rain: NCM forecasts unstable weather to peak on May 2

Authorities in Abu Dhabi issued an alert for unstable weather conditions expected to hit the emirate from May 2 to May 5

BlackRock to launch PIF-backed Saudi investment platform

BlackRock to launch PIF-backed Saudi investment platform

The investment platform seeks to accelerate the growth of capital markets in Saudi Arabia

weather rain

UAE weather alert: Dubai Police issue warning to motorists

Motorists are advised to reduce speed on external roads and ensure that all vehicle components are in optimal conditions

Dubai private school students holiday

UAE weather: Dubai announces remote learning for schools for 2 days

Dubai schools to transition to online learning due to unstable weather warning

How Red Sea Global is delivering Saudi tourism

Red Sea Global’s CEO shares how the firm is delivering on Saudi’s tourism agenda

John Pagano tells Gulf Business how “nature and the environment”, the most valuable assets on the company’s balance sheet, differentiate RSG from other destinations

RedBird - A logo of The Daily Telegraph newspaper on a newsstand in London, UK, on Tuesday, March 12, 2024. Rupert Murdoch’s News Corp. and the publisher of the UK’s Daily Mail tabloid are weighing an offer for the company that owns the Telegraph newspaper and Spectator magazine, alongside United Arab Emirates-backed investment fund RedBird IMI, people familiar with the matter said. Photographer: Jose Sarmento Matos/Bloomberg

Abu Dhabi-backed RedBird IMI withdraws from Telegraph deal

RedBird IMI said its focus was on securing the best price for the publications

UAE central bank’s foreign assets up 2% in February

UAE central bank’s foreign assets up Dhs203bn in February 2024

The increase in foreign asset volume is attributed to the rise in current account balances and deposits with banks abroad

Investcorp to acquire National Stock Exchange’s tech unit

Investcorp to acquire National Stock Exchange’s tech unit

The deal excludes NSEIT’s digital examination business, which offers online recruitment and promotion tests as well as digital upskilling services

Spinneys - IPO - DFM

Spinneys increases retail share offering for upcoming IPO

The supermarket chain aims to raise up to Dhs1.38bn($375m) from its IPO

UAE announces petrol, diesel prices for May 2024

UAE announces petrol, diesel prices for May 2024

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 19 fils per litre in May

ryan reynolds

Ryan Reynolds follows Jason Momoa as Yas Island’s new chief island officer

Reynolds, best known for his role as the irreverent Deadpool, will now be tasked with putting Yas Island on the map for an international audience

Sheikh Hamdan launches Dubai's Universal Blueprint for AI

Sheikh Hamdan reveals Dubai’s ‘Universal Blueprint for Artificial Intelligence’

As part of the first phase, Dubai is set to inaugurate its AI and WEB3 Incubator to establish one of the world’s largest hubs for AI and technology companies

weather - rain

UAE weather alert: NCM warns of unstable weather conditions starting Wednesday

The NCEMA said it had held meetings with various departments to ensure preparedness for the oncoming unstable weather conditions

UAE-UKRAINE-CEPA

UAE, Ukraine finalise terms of CEPA deal

The trade deal aims to aid Ukraine’s recovery and rebuilding of key industries while helping to strengthen supply chains to the MENA region for exports such as grains, machinery and metals

uae rain - flood - cloud seeding

Did cloud seeding cause UAE floods? Here’s what scientists say

Climate change linked to global warming is the more obvious answer for the UAE floods say scientists who have been studying changing weather patterns

dr saeeda jaffar-visa

Exclusive: Visa’s Dr Saeeda Jaffar on the new ‘Instalments’ solution transforming retail in the UAE

Consumers can activate instalment payments at checkout based on their eligibility, whether at point-of-service terminals or eCommerce platforms

flynas takes delivery of 3 A320neo aircraft

Saudi budget airline flynas confirms IPO this year: Reports

flynas disclosed its financial performance this month, boasting a 32 per cent revenue surge to SAR6.3bn ($1.68bn), in 2023

DIFC underwriting volumes jump 23% in 2023

DIFC underwriting volumes hit record $2.6bn in 2023

New insurance and reinsurance company registrations surged by 20 per cent in 2023, including the first re-domiciliation of a Guernsey-based captive

UAE - WEATHER - RAIN-NCEMA

UAE weather: Thunderstorms with rain this week forecasts NCM

The NCM said a low pressure system will bring inclement weather from the west by Wednesday night which will bring rain and thunderstorms to most parts of the UAE

antony blinken in jeddah

Blinken arrives in Saudi Arabia on first leg of Middle East tour

Blinken is expected to meet with senior Saudi leaders and hold a wider meeting with counterparts from five Arab states – Qatar, Egypt, Saudi Arabia, the UAE and Jordan

Saudi Arabia’s NEOM secures $2.7bn syndicated loan

Saudi Arabia’s NEOM secures $2.7bn syndicated loan

The facility will support NEOM’s short-term financing requirements as it advances the development of major projects such as THE LINE

saudi arabia - Vision 2030 - IMF

Saudi Arabia’s Vision 2030 projects to be adjusted as needed: Finance Minister

Saudi Arabia is accelerating efforts to diversify its economy away from oil under a plan known as Vision 2030

More dedicated bus, taxi lanes planned for Dubai

Dubai’s RTA has endorsed a plan to construct dedicated lanes for buses and taxis extending 13.1 km on six key streets

Sheikh Mohammed: Al Maktoum Airport will replace Dubai International in future

Al Maktoum Airport will ultimately be the world’s largest, reaching up to 260 million passengers per year

esports and games Image: Getty Images

Transforming the gaming landscape with Web3.0

Dubai’s push to build a global esports and gaming ecosystem is encouraging home grown brands such as GameCentric to offer innovative platforms that bring a diverse audience under one umbrella

Rua Al Madinah (Image: Supplied by Accor)

Accor’s Q1 sales rise 8% as Middle-East, Africa and Asia Pacific demand picks up

The increase was more pronounced in midscale, upscale and economy hotels in the Middle East, Africa and Asia-Pacific regions

Statevolt

Statevolt’s Lars Carlstrom on the upcoming $3.2bn battery gigafactory in UAE

Statevolt will occupy a site spanning 60 hectares in RAKEZ, and is anticipated to generate up to 2,500 direct jobs

UAE floods to impact construction projects

How UAE’s recent floods will impact construction projects

Several construction projects in the UAE will be affected, with huge potential for delays and damage to ongoing works