Home > Uncategorized

Uncategorized

Abu Dhabi launches new taxi booking service with Yango

Abu Dhabi launches taxi booking service with Yango

The service is designed to connect passengers with a range of vehicles through the Yango mobile app, which offers real-time geolocation to facilitate faster ride bookings

Insights: Tackling GenAI's impact on enterprise security

Insights: Tackling GenAI’s impact on enterprise security

Ad-hoc adoption of GenAI and LLMs by end users will compromise the enterprise attack surface and data privacy, and cybersecurity administrators will need to initiate proactive measures linked to its use

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

Egypt’s central bank committed to a flexible exchange rate

Egypt’s net foreign assets deficit contracts $586m in April

Egypt commercial banks’ foreign assets climbed by $606m in April while their liabilities rose by $653m

hamad international airport crosses milestone 50 million passengers mark

Hamad Intl Airport surpasses milestone 50-million passenger mark

In April, Hamad International Airport was also named the world’s best airport, according to Skytrax, the world airline and airport rating programme

Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates airline and Group

Emirates Group announces best ever performance with profits up 71%

Emirates airline, the UAE’s flagship carrier, reported a new record profit of Dhs17.2bn

DUBAI -RAINFALL-WEATHER

Second wave of thunderstorms hit UAE: Dubai sees heavy rainfall

Adverse weather conditions may persist into Wednesday morning with convective clouds over coastal areas

airline - middle east

Major airline travel disruption in the Middle East

Airlines traveling between Europe and Asia will be restricted to two viable alternative routes

Koutoubia Mosque in Marrakesh, Morocco

UAE residents now eligible for Morocco eVisa: How to apply

The change in application channels comes with reduced processing times as well

PIF

PIF world’s fifth largest sovereign wealth fund post Aramco stake transfer

The PIF currently ranks number five globally in terms of sovereign wealth funds by asset size

SpaceX launches Starlink satellites

SpaceX’s new Starlink satellites beam phone signals from space

The US wireless carrier will use Elon Musk-owned SpaceX’s Starlink satellites to provide mobile users with network access in parts of the US

millet

Food, beverage is UAE’s second biggest sector after oil – report

The UAE’s food and beverage sector is going from strength to strength, according to report released by a body representing the industry

cop28 - climate talks

COP28: Where to find 1.5°C-aligned business lunches

The climate gathering will offer the carbon neutral menu as part of efforts to drive sustainability through all aspects of the event.

UAE-DUBAI-AIRSHOW TAWAZUN COUNCIL

UAE’s Tawazun signs $6.3bn defence deals at Dubai Airshow

The UAE’s MoD-linked Tawazun Council signed deals with defence suppliers such as Edge, SAAB, and Thales

Maria Grandinetti-Milton - head of sustainability - European Tour on how golf is going green

Exclusive: European Tour’s Maria Grandinetti-Milton on how golf is going ‘green’

The head of sustainability tells Gulf Business how sporting events such as DP World Tour are increasingly adopting sustainable practices

Mashreq sees 122% rise in net profit in first nine months of 2023 Image WAM

Mashreq bank’s net profit rises 122% in first 9 months of 2023

The increase in operating income and net profit was primarily attributed to a significant 82 per cent increase in net interest income

RTA SAMSUNG

RTA, Samsung ink agreement to activate Nol cards for Dubai Metro

The agreement comes in light of RTA’s continued push to partner with international technology firms to digitalise a range of its services

SAL Logistics sets final IPO price at SAR106 apiece

Saudi Arabia’s SAL Logistics gets $49bn in orders for IPO

The cargo firm’s final offer price implies a market capitalisation of SAR8.5bn at listing

Turkey

Turkey’s Interior Ministry attacked in Ankara; PKK claims responsibility

The attack took place hours before parliament was set to reopen

RTA cycling tracks in Al Khawaneej and Mushrif 90% complete Image Dubai Media Office RTA

Dubai: Construction on these key cycling tracks 90% complete, says RTA

The project, part of RTA’s master plan for jogging and cycling tracks, aims to increase the length of cycling tracks in Dubai to 819 kilometres by 2026

Islamic Coin

Islamic Coin announces token sale; appoints Republic as Web3 advisor

Republic Crypto will help engage with potential strategic partners, exchanges and market makers

Saudi Arabia plans to issue $9.6bn in sukuk after buyback GettyImages-1464744716-1

Saudi Arabia plans to issue $9.6bn in sukuk after buyback

HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction

WF-1000XM5_S_pickup

Here’s what makes Sony WF-1000XM5 wireless earbuds standout

The company has integrated its advanced noise-canceling technology in the WF-1000XM5 to ensure that users can shut out intrusive external sounds

olbia airport in Italy

Flydubai launches UAE’s first flight route to Italy’s Olbia

The air carrier announced it has launched a thrice-weekly service to Olbia Airport as part of its seasonal operations

FINANCIAL LITERACY

How rethinking financial literacy can empower a new generation of investors

The financial literacy gap is partly driven by a younger demographic entering the capital market

UAE corporate tax

Countdown to UAE Unemployment Insurance scheme: June 30 deadline nears

The grace period to register for the government-mandated unemployment insurance scheme runs out in a month

food security through IFPA

The UAE is the new headquarter of International Islamic Food Processors Association

IFPA works to promote intra-OIC trade and investment between agri-food private-sector businesses across the entire ecosystem and food supply chain in member states

Azulik AlUla resort image courtesy RCU

Saudi Arabia’s RCU to open AZULIK AlUla, a new eco-luxury resort

The eco-luxury resort, which will feature 76 villas, is scheduled to be launched by 2027

UAE government

How the UAE government is using AI to enhance citizen experiences

Artificial intelligence has been in the background of the average UAE resident’s life for several years, but it’s about to become front of mind, writes Avaya’s Rodolph Khoury

ADNOC Distribution

ADNOC Distribution’s Q1 net profit jumps 5.5% to Dhs551m

The energy provider said its net profit soared 19.4 per cent quarter-on-quarter and free cash flow stood at Dhs1.04bn