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Erich Dietrich from NYU AD

Transforming youth skills for the future at NYUAD

Highlighting the importance of World Youth Skills Day, Erich Dietrich, academic director of the Sheikh Mohamed bin Zayed Community Programs, NYU Abu Dhabi, sheds light on how the university is promoting leadership and critical thinking skills among its students

UAE presents National Report on Spent Nuclear Fuel, Radioactive Waste Management

UAE presents national report on nuclear fuel, radioactive waste management

The report describes the legislative and regulatory measures taken by the UAE to meet its obligations in relation to the Joint Convention held in Vienna

saudia

Saudi Arabian Airlines and American Express partner on miles redemption programme

All American Express Saudi Arabia card members can transfer two Membership Rewards points in exchange for one AlFursan mile

Prince Alwaleed

Key Twitter investor Prince Alwaleed rejects Elon Musk’s bid

Twitter’s shares fluctuated on Thursday as investors weighed news of the offer

UAE’s EGA and Saudi’s Ma’aden extend technology cooperation

Ma’aden and EGA will additionally consider cooperation on the management of by-products from processes in the aluminium value chain, and aluminium recycling

World Government Summit 2022: Dubai announces plan to enter metaverse

The metaverse could provide nearly $800bn in revenue by 2024

Talabat UAE to launch first ‘Road Safety Week’ to protect its riders

Talabat has increased its rider trainings and awareness campaigns based on rider feedback and concerns shared by the authorities and communities

Google Apple

Google announces $10m fund to support Palestinian graduates, tech entrepreneurs

The new initiative builds Google’s existing work around skilling and career development

Abu Dhabi’s Khalifa Fund and noon payments to support local SMEs

Through the partnership, noon payments will offer SMEs extra support with zero setup costs, reduced monthly fees and access to advanced gateway features

Flooss, a new digital payment platform, launched in Bahrain

Mastercard has partnered with Payment International Enterprise to launch Flooss across Bahrain and the region

Abu Dhabi’s Taqa Group reports net income of Dhs6bn for 2021

The group’s revenue was Dhs45.7bn, 11 per cent higher than the previous year

UAE’s ADQ, Alpha Dhabi, Etisalat and FAB to launch next-gen banking platform

Wio will offer customers in the UAE a fully digital banking choice with tailored products and services to meet their lifestyles and needs

ADNOC announces $548m contract for a new main gas line at its lower Zakum field

ADNOC Drilling announces net profit of $604m for 2021

Revenue for the full year was $1.14bn, up 6 per cent over 2020, largely driven by new rigs and rig reactivations

Dubai Islamic Bank prices $750m senior sukuk

The sukuk will be listed on Euronext Dublin and Nasdaq Dubai

Dubai Financial Services Authority signs MoU with India’s IFSCA

The agreement sets a framework for mutual assistance and exchange of information in areas, including money laundering and terrorism financing

AD Ports Group

Abu Dhabi-based Al Seer Marine invests Dhs1.2bn in AD Ports Group

With this investment, Al Seer Marine has received a 7.36 per cent stake in Abu Dhabi Ports

Abu Dhabi-based Yahsat wins Dhs24m contract to build naval satcom systems

Yahsat will design, deliver and integrate advanced satellite communication solutions for Abu Dhabi Ship Building

Abu Dhabi’s ADNOC announces discovery of new natural gas resources offshore

Estimates indicate that the reserve of raw gas discovered is between 1.5–2 TSCF

Boeing is set to launch its first new jet in nearly five years with 50-plane Qatar deal

The multibillion-dollar deal would help showcase trade relations between the two nations

UAE Space Agency to establish economic zone at Masdar City

Businesses will be offered benefits including incubation, office space, mentorship, networking and investment opportunities, among others

Tesla delivers record 308,600 cars in quarter, beating estimate

The results pushed Tesla’s total sales for the year to more than 936,000

Sophos discovers new variants of Tor2Mine cryptominer

In a research, Sophos describes new variants of the miner that include a PowerShell script that attempts to disable malware protection

UAE foreign trade totalled approximately $9.3 trillion over five decades

The country’s trade balance from 1971 to 2020 recorded a surplus of nearly $1.3 trillion

Saudi forces intercept armed drone launched towards Najran airport

Shrapnel and fragments fell across the residential neighbourhood of Al-Araysah

skiing championship dubai

Dubai hosts Alpine skiing championship

The UAE Winter Sports Federation is organising the event being held this week at Ski Dubai

Etihad Engineering

Virgin Australia awards UAE’s Etihad Engineering Boeing 737 heavy maintenance contract

The contract covers heavy maintenance and modifications on more than 30 aircraft

Saudi Arabia signs MoU with HSBC to promote sustainable investments

The agreement covers the identification and promotion of sustainable investments in the kingdom

istockphoto

UAE: Two earthquakes recorded in Dibba Al Fujairah

The earthquakes were reported as ‘minor’

Hands-on review: The OPPO Reno5 Pro 5G

OPPO Reno5 Pro 5G combines great performance, ultra-fast charging and enhanced camera capabilities

International Holding Company

ADFD to increase export financing facility by 33.3% in 2021

ADFD to allocate Dhs735m to Abu Dhabi Exports Office to support UAE export economy