Emirates commences SAF-powered flights from Singapore's Changi Airport

Emirates commences SAF-powered flights from Singapore’s Changi Airport

Earlier this year, the airline collaborated with Neste to supply 2.6 million litres of neat SAF at Amsterdam Schiphol airport

flyadeal gets 33rd aircraft delivery. the company received the aircraft at the Toulouse facility Image Supplied

Saudi low cost carrier flyadeal increases fleet size

With the addition of the latest Airbus A320neo, the carrier has increased its fleet size to 33 narrowbody jets

Dubai’s Eywa partners with Mindvalley to create centre of excellence

As part of the tie-up, the six-and-a-half-thousand-square-foot Eywa property will serve as a sanctuary for Mindvalley’s masters

Brookfield Place is Dubai’s newest placemaking destination

Brookfield eyes $5bn for UAE-backed climate fund

The asset management firm said at least 10 per cent of the fund’s capital will be provided by Brookfield, which manages a portfolio of $925bn

Presight and Dell technologies sign MoU_GettyImages-1194176305

Dell Technologies, Presight ink MoU to drive digital innovation in UAE

The partnership will leverage Presight’s expertise in AI and data analytics with Dell’s capabilities in compute, storage, data protection and network solutions

UAE-President and ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan approves second housing benefits package photo-courtesy_WAM

Abu Dhabi approves Dhs3.3bn housing benefits package for citizens

The housing benefits package includes housing loans worth over Dhs3.046bn, aiding 1,766 citizens in Abu Dhabi

Dubai’s off-plan market a crucial factor to watch, says Firas Al Msaddi

A key factor to watch in the Dubai real estate sector is the gap between off-plan and resale market prices, says the fäm Properties CEO Firas Al Msaddi

G7 ITALY

What’s on the G7 agenda?

The summit is due to kick off on June 13 with a discussion about Africa, climate change, and development

ORO24’s Atif Rahman on Dubai’s meteoric ‘875% real estate growth’

Atif Rahman took to the stage of Gulf Business’ first-ever Business Breakfast briefing to talk about his insight into the growth of Dubai’s real estate sector

NEOM Capella in Elanan_Image_1

Saudi Arabia: Capella Hotels announces wellness-themed resort at NEOM

Capella’s renowned wellness experiences are tailored to individual needs and utilise lunar phases as a guiding principle

Emirates NBD and Citi partner to offer 24 7 USD cross broder payments _GettyImages-910730068-1-e1690091225134

Citi, Emirates NBD to launch round-the-clock USD cross-border payments

The service, initially available in Emirates NBD’s branches in the UAE and Saudi Arabia, aims to eliminate payment flow barriers caused by different weekend schedules

Egypt: AD Ports, Red Sea Port Authority ink cruise terminals deal to boost tourism

The agreement, which includes a total investment of $4.7m over the next 15 years, aims to make the terminals operational by 2025

UAE cabinet approves housing aid valued at Dhs1.86bn ahead of Eid-Al-Adha

UAE Cabinet approves housing aid valued at Dhs1.86bn ahead of Eid-Al-Adha

In addition to approving the housing aid, the cabinet launched the Manzili initiative, a streamlined service bundle designed to simplify the housing loan application process for programme beneficiaries

Insights: How IT solutions are enhancing factoring and supply chain finance

Insights: How IT solutions are enhancing factoring and supply chain finance

Banks should invest in robust SCF solutions that offer comprehensive features for automating end-to-end factoring processes from uploading of invoices to settlement

interest rate

CBUAE holds interest rate at 5.40%, mirroring US Fed’s decision

The US Fed’s decision to pause rate adjustments comes as inflation levels, although declining, has not required drastic changes in the economic landscape

Saudi Arabia, Qatar - GCC

Qatar-Saudi relations flourish with surge in business activity

For Qatar, a top liquefied natural gas exporter, it is a chance to strengthen ties with its Arab neighbour, as well as try to diversify its economy

Red Sea

Red Sea crisis pushing 47% crude oil, fuels around Africa

According to data provided by EIA, total US trade around the cape rose by about one-third, in the first six months of 2024

boxing PIF SAUDI

Saudi’s PIF holding talks to create billion-dollar boxing league: Reports

PIF wants to create a venture that would bring the main sport’s organisers together, in which it would take a minority stake, say reports

ADNOC LNG

ADNOC awards multi-billion dollar contracts for Ruwais LNG plant

ADNOC’s Ruwais facility is expected to be the region’s first LNG export facility to run on clean power

Gulf Business Breakfast meet: Shining the spotlight on cloud, AI and proptech   

Close to 100 industry professionals gathered for Gulf Business’ inaugural Business Breakfast meet, themed around the intersection of technology and business

Adnoc-gordon-tech

UAE’s ADNOC Drilling, Alpha Dhabi Holding to become majority shareholders in Gordon Tech

Prior to the deal, Gordon Technologies, based in Louisiana, was primarily owned by Houston-based private equity firm Pelican Energy Partners

du teams up with Oracle to launch hyperscale cloud, sovereign AI services for govt, public sector

du to launch hyperscale cloud, sovereign AI services for govt, public sector

The telecom operator has teamed up with Oracle, which remains the only hyperscaler capable of delivering AI and a suite of cloud services across dedicated, public, and hybrid cloud environments globally

EDGE

EDGE and Adani Defence & Aerospace forge landmark agreement

This agreement will explore the establishing of research and development facilities in both India and the UAE

Brent oil price forecast Bloomberg GettyImages-1384536093

Saudi crude oil exports to China to fall for 3rd straight month in July: Reports

July exports are expected to be down from about 39 million barrels in June, possibly the lowest levels for the year, say reports

DXB set to welcome over 3.7 million guests between June15-25

DXB set to welcome over 3.7 million guests between June 15-25

June 22 is anticipated to be the busiest day, with guest numbers expected to exceed 287,000

BlackRock acquires GIP (Photo by Andrew Burton/Getty Images)

BlackRock appoints MD for UAE, Oman and Bahrain

The global financial giant has tapped former Mubadala and Goldman Sachs executive to lead its operations in the three GCC countries

Making a difference in the world with AI - insights by Abdumalik Mirakhmedov - co-founder Scalo Technologies

Insights: Using AI to make a difference

In the world’s economically challenged and remote regions, AI can revolutionise access to finance, education, and clean water, while streamlining infrastructure development

GHAF Woods by Majid Al Futtaim Properties

‘Ghaf Woods is more than just a new community,’ says Majid Al Futtaim Properties’ Ahmed El Shamy

Ghaf Woods, a first-of-its-kind integrated community, prioritises indoor-outdoor living and sustainability, shares the CEO of Majid Al Futtaim Properties

NATURGY_TAQA_BID

Abu Dhabi’s TAQA and Spain’s Criteria end talks for Naturgy takeover plan

TAQA was in talks with Naturgy’s three largest shareholders for a possible takeover bid

Drake-Scull-construction

Drake & Scull completes restructuring milestones, eyes future projects

The restructuring has allowed the contractor to write off over Dhs4bn in debt