Yiwu market Dubai

Yiwu market: An ideal hub for affordable Chinese products opens in Dubai

DP World and the China Commodity City Group, which manages the world’s largest wholesale market in China, partnered to build Yiwu market in Dubai

RTA invests in data master plan_courtesy Twitter

Dubai’s RTA finalises data investment master plan, aims to sell data to boost revenues

The project includes creating an operational model to maximise return on investment from the use of RTA’s data while protecting the confidentiality of data

McDonald’s

McDonald’s promotes Ian Borden to CFO in series of appointments

Borden first joined the McDonald’s system in Canada in 1994 and served in several international roles

Cybersecurity Gartner

Gartner unveils top eight cybersecurity predictions for 2022-23

Analysts explore the future of cybersecurity at the Gartner Security & Risk Management Summit in Sydney

Injazat Dell

Injazat expands collaboration with Dell Technologies and VMware to enhance cloud offerings

Injazat to build its hybrid multi-cloud 2.0 platform using Dell and VMware Cloud to support rising demand for cloud infrastructure and solutions

Cloud

Why some organisations are still reluctant to move to cloud

Bahrain Economic Development Board’s Musab Abdulla shares how disruptive technologies like cloud computing are impacting today’s innovations

UAE reports 1,744 Covid-19 cases, 1,718 recoveries

The nationwide case count has risen to 940,503

Careem acquires Munch-On in the UAE

Careem acquires food delivery platform Munch:On in the UAE

Munch:On will stop daily operations and the offering will be rebuilt on the Careem app

Emirates health services signs MOU with J&J

Emirates Health Services, Johnson & Johnson partner to boost healthcare sector

The agreement will support public awareness programmes and campaigns covering various diseases, such as obesity and cancer, and mental health

T-rex 2

Amazfit’s new smartwatch T-Rex 2 now available in the UAE

The T-Rex 2 is available across all Eros stores and leading electronics retailers for a starting price of Dhs799

Saudi company Afanar to invest in Egypt-GettyImages-1080377280

Saudi Arabia’s Alfanar Global Development to invest SAR2bn in Egypt

The agreements – focused on tech for renewable energy, IT, digital solutions and cybersecurity – were signed on the sidelines of Saudi Crown Prince Mohammed bin Salman’s visit to Egypt

UAE minister Sheikh Abdullah bin Zayed meets Egyptian President in Cairo

UAE foreign minister Sheikh Abdullah meets Egyptian President in Cairo

The two leaders discussed the importance of joint coordination, essential to consolidating peace in the region

Saudi Exchange announces intent to launch single stock futures contracts in July

The new contracts mark the second derivatives product to be introduced in the exchange

Microsoft Qatar

Microsoft deepens investment in Qatar with opening of new office

The office will play a vital role as an innovation hub for technology startups, students, and community organisations from across Qatar

W Solar Libya mou investment in renewable energy sector

Abu Dhabi’s W Solar to invest in Libya’s renewable energy sector

The Alpha Dhabi subsidiary will build solar photovoltaic power generation plants in Libya and sell the net delivered energy to the Libyan government

Ether

Ether recovery helps crypto revisit $1tn market cap level

It appears to have found support around its 200-week moving average, which currently sits near $1,200

AD Ports Group ranked in the top five of global efficiency index

AD Ports Group ranked in the top five of global efficiency index

The report cites the use of digital technology and green fuel alternatives as two of the major ways that countries are modernising their ports

hydrogen

UAE government team to visit Germany for talks on hydrogen

German and Emirati companies signed memorandums of understanding in March for shipments from the Gulf state of blue hydrogen in the form of ammonia

Etihad Airways

Etihad Airways to resume direct flights from Abu Dhabi to Beijing

The airline will operate a weekly flight on a Boeing 787 Dreamliner for the route

electric car

Inflation turns EVs into luxury items, threatening broader electric shift

An electric car now costs $61,000 on average

lab-grown food

Could lab-grown ingredients could be the future of food?

Stakeholders are looking at ways to reduce the environmental impacts of factory farming and animal agriculture

Vikas khanna NFT book

Michelin Star chef Vikas Khanna launches NFT of his book in Dubai

Akshaya.io will create non-fungible tokens of the book which will enable those interested to own the original NFT along with physical book

Food

Food companies falling short of carbon-cutting goal, study finds

A report by AlixPartners found that food and beverage manufacturers, suppliers and retailers may manage to reduce emissions by 29 per cent by 2030

Tom De Waele, Managing Partner, Bain & Company Middle East 

Five steps that Middle East companies can take to reduce carbon footprint

To translate ambition into delivery, companies need to adopt a mindset that we call visionary pragmatism and get five things right

spacex

Abu Dhabi’s IHC, Alpha Dhabi to invest $50m in Elon Musk’s SpaceX

IHC has previously acquired stakes in SpaceX through a private equity fund

Baku

Azerbaijan Airlines upgrades fleet on Dubai-Baku route

The Baku-based airline operates daily flights to Dubai

report

New report reveals threat actors’ top social engineering tactics and campaigns

The 2022 Social Engineering Report analyses the key trends and techniques of socially engineered cyberthreats observed over the past year

UAE reports 1,657 Covid-19 cases, 1665 recoveries

The nationwide case count has risen to 935,345

Innovation in government

Innovation in government is key to developing thriving digital economies of the future

The continued digitalisation of governments will be a crucial steppingstone when it comes to driving change in the medium and long-term