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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’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 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’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


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


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

RTA unveils Golden Chance

RTA streamlines issuance of driving licence with ‘Golden Chance’

The new initiative is aimed at streamlining the process of acquiring a driving license for eligible applicants


Oil steady after two-day gain as supply issues blunt demand woes

West Texas Intermediate traded below $79 a barrel after rallying around 2 per cent over the previous two sessions

Abu-Dhabi_investopia_govt_investment platform partners with Italian healthcare firms to build smart clinics GettyImages-1316754718

Investment of EUR125m to boost ‘smart clinics’ in the UAE, wider region

Investopia has partnered with Italian GKSD Investment Holding Group and Gruppo San Donato, a private hospital group in Italy, to drive the initiative

Ramadan Sale Carrefour

Revealed: Five ways businesses can drive sales this Ramadan

From car dealerships to retailers, several companies are offering promotions and discounts during Ramadan to support consumers


Abu Dhabi’s G42 buys ByteDance stake at $220bn valuation

G42 acquired a $100m-plus stake from existing investors in recent months through its 42XFund, Bloomberg reported

Emtelle, KEZAD ink build to suit deal with

UK’s Emtelle, KEZAD Group join hands to build $50m manufacturing facility

The production facility will be located on a 48,000 sqm land plot that will be leased under a build-to-suit agreement with KEZAD


DMCC, TDeFi to support Web3, blockchain firms

The accelerator programme will offer mentorship and sessions on a range of topics related to crypto and scaling a business

Abu Dhabi's ADNOC Distribution reports 22% rise in net profit for 2022

Abu Dhabi’s ADNOC Distribution reports 22% rise in net profit for 2022

The ADX-listed company reported a 15 per cent year-on-year growth in EBITDA, totalling Dhs3.52bn in 2022

VAT and accounting insights by Dr. Jeannette Vinke FCA, COO of the American University of Sharjah

Insights: How implementing VAT helped UAE’s accounting sector

The evolving landscape will require chartered accountants to steer the ship, bring clarity to the process and ensure compliance with regulations and policies


Privacy-by-design can be a source of value and opportunity, not cost

In 2023, expect privacy technology to undergo significant standardisation

More than 250,000 subscribers sign up for unemployment scheme

UAE Unemployment Insurance Scheme: More than 250,000 people register since Jan 1

The insurance scheme is valid for a period of 12 consecutive months from the date of registration, provided that the termination/unemployment is not for a disciplinary cause or by resignation

Dubai Airports to roll out plan to elevate travel experience for people of determination

The operator will be introducing a travel planner for pre-travel preparation and an autism friendly route