Apple

End of an era: Apple discontinues its last iPod model

The touch-screen model, which launched in 2007, will remain on sale until supplies run out

Dr Alzarouni

Dr Marwan Alzarouni joins Everdome as official advisor

Dr Alzarouni is known for his work as the CEO of Dubai Blockchain Center and serves as the managing partner at innovation consultancy Accelliance

Digital dentistry

Align Technology expands regional footprint into Oman

Orthodontists in Oman will now be able to receive Invisalign training in order to provide clear aligner therapy to their patients

Emirates DCT Abu Dhabi

ATM 2022: Emirates signs MoU with DCT Abu Dhabi to boost tourism

The two partners will collaborate on advertising and cross promotional marketing campaigns, familiarisation programmes and promotional competitions

Midis Group

BlackBerry partners with Midis Group to drive growth in Eastern Europe, the Middle East, and Africa

Midis Group will focus on driving growth for BlackBerry’s cybersecurity business unit

UAE ransomware

Over 59% of UAE organisations surveyed were hit by ransomware in 2021 – research

The average cost to recover from the most recent ransomware attack in 2021 was $1.26m

Dubai

Dubai welcomes 3.97 million overnight visitors in Q1 2022

In the first three months of 2022, hotels across Dubai achieved average occupancy levels of 82 per cent

Oman posts $927m quarterly surplus after oil prices rose

The Finance Ministry expects the economy to grow 5.6 per cent in 2022, in line with IMF predictions

Agthia Group

UAE’s Agthia Group posts 64% year-on-year rise in net profit for Q1 2022

Agthia’s quarterly net revenues surpassed Dhs1bn for the first time since inception

Solar Plant

UAE invites companies to bid for 40% stake in 1.5 GW solar plant

Abu Dhabi already has two solar parks that will have a capacity of 3.2 GW when fully operational

Emirates

ATM 2022: Dubai’s Emirates signs MoC with Malaysia Tourism Board

Emirates will develop initiatives to boost tourism to the Southeast Asian country, promoting it across its global network

Okadoc

Okadoc appoints new chief executive officer for Saudi Arabia

Taher comes to Okadoc with over 15 years of experience in the industry

Multi-factor authentication

Multi-factor authentication to generate $27bn globally for mobile operators in 2022 – research

A Juniper Research study found that operators will generate this revenue from termination of SMS messages related to multi-factor authentication

Voco

Voco Dubai The Palm hotel set to open in the fall of 2022

It will be IHG Hotels & Resorts first property on Palm Jumeirah

ATM 2022: Saudia launches new B2B travel management solution

The division will have a dedicated meetings and events team that assists with corporate travel needs and event organisation worldwide

UAE reports 280 Covid-19 cases, 259 recoveries

The nationwide case count has risen to 900,764

Masaar

Sharjah’s Arada awards contracts worth Dhs460m to build Masaar’s residential phase

Featuring 4,000 villas and townhouses, Masaar is divided into eight gated districts

Abu Dhabi

Abu Dhabi’s ADQ announces EUR4bn investment partnership with Greece

The agreement underscores growing economic ties between the two countries and will drive investor interest in Greece

Emirates and Royal Air Maroc

Dubai’s Emirates, Royal Air Maroc launch codeshare partnership

The codeshare partnership will offer customers more ways to book and connect their travel between the two airlines’ networks

ADNOC Distribution

Abu Dhabi’s ADNOC Distribution reports Dhs671m in net profit for Q1 2022

ADNOC Distribution posted a 7.8 per cent year-on-year increase in EBITDA, totalling Dhs881m

Dubai

ATM 2022: Dubai receives 630,000 health tourists in 2021

As many as 55 per cent of the international health tourists were men, while 45 per cent were women

Debt management office

Government of Dubai establishes a debt management office

Rashid Ali bin Obood Al-Falasi has been appointed as the chief executive officer of the debt management office

Saudi Arabia

Saudi Arabia to restart privatisation plan for 29 airports

Ownership of the 29 airports has already been moved to a new entity

Oil extends decline as Europe softens some Russian sanctions

West Texas Intermediate futures fell below $103 a barrel in early Asian trading

Aramco

Aramco closes in on Apple as world’s most valuable firm

The rally in oil prices has boosted the world’s biggest oil company’s shares

Saudi

Saudi says low refining capacity causing fuel-price jump

Crude prices have surged to around $110 a barrel in the past year

Cloud end-user spending

Worldwide public cloud end-user spending to reach nearly $500bn in 2022: Gartner

In the Middle East and North Africa, end-user spending on public cloud will total $5.8bn in 2022, growing 18.8 per cent from 2021

UAE reports 233 Covid-19 cases, 284 recoveries

The nationwide case count has risen to 900,484

Jumeirah Group

Jumeirah Group launches new lounge at Dubai International Airport

The Jumeirah Airport Lounge offers travellers a taste of the brand’s hospitality

atm 2022

ATM 2022: Dubai’s Emirates to launch premium economy bookings from June 1

The new cabin class will be available to Emirates customers travelling on A380 routes to London Heathrow, Paris Charles de Gaulle, Sydney and Christchurch