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Human Logic - Gamalearn partnership

Human Logic, Gamalearn collaborate to support region’s education sector

The organisations plan to integrate their technological solutions to boost the growth of the education industry

OPEC+ warns of response as Biden poised for oil reserve release

The Organization of Petroleum Exporting Countries and its allies will meet on December 2

Reliance pulls plan to sell oil-to-chemicals stake to Aramco

Reliance and Aramco had signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake in Reliance’s oil-to-chemicals unit

Indonesia wealth fund, DP World ink pact for port development

The two entities will form a consortium to explore long-term investment opportunities across the country

Fuel prices spike across Asia as global energy crunch takes hold

The electricity crisis is roiling energy markets from Europe to Asia

UAE, India aim to double trade to $100bn in five years

Indian nationals make up one of the largest population groups in the UAE

Dubai’s Emirates to introduce daily A380 service to Istanbul next month

The carrier is the world’s largest operator of A380s, with 118 currently in its fleet

Pilot error, systemic failure likely caused Air India crash

The pilot failed to follow a standard “go-around” procedure that discontinues an approach to a potential unsafe landing

UAE’s Mashreq opens first representative office in Shanghai

With the new office, Mashreq now operates in 13 countries, including the UAE

UAE’s Air Arabia, Lakson Group partner to launch Pakistan’s new low-cost airline

Details about the launch date, fleet, and destination network will be announced in due course

ADNOC awards exploration rights for Abu Dhabi’s offshore block 5 to Pakistani consortium

In a first, Pakistani companies will invest in and explore for oil and gas in an Abu Dhabi concession

Dubai’s Emirates announces changes in leadership roles across GCC, Africa, other regions

All of the new appointments are effective September 1, 2021

Biden resists Afghan deadline pressure but seeks backup options

Biden promised his administration would spell out on Wednesday how many Americans remain in Afghanistan

Taliban vow no haven for terrorists, breaking with own past

“We assure the international community and especially the US and neighbouring countries that Afghanistan won’t be used against them” – Taliban spokesman Zabihullah Mujahed

Aramco is in advanced talks on up to $25bn Reliance deal

A transaction would boost Aramco’s sales of crude to India

UAE assures evacuation of diplomatic mission from Kabul

The UAE is also facilitating the safe evacuation of foreign diplomatic staff through its airports

Oil holds decline as investors track delta’s spread across China

West Texas Intermediate was slightly higher after slumping 3.6 per cent on Monday

Tesla dealt big blow as almost all cars in China need safety fix

In most cases, the fix should be able to be made remotely with an online update to the cars’ active cruise control feature

UAE to extend ban on passengers from India until July 6 – airline

The carrier advised affected passengers to reschedule their tickets

UAE-Japan

UAE, Japan to launch business council

Japan is ranked tenth globally among the list of countries investing in the UAE

Covid-19: UAE extends ban on travellers from India

Cargo flights will continue to operate between the two countries

UAE’s ADNOC keen to explore hydrogen market with India’s public, private sectors

Dr. Al Jaber said the UAE is well placed to capitalise on the potential of Hydrogen as a zero-carbon fuel

UAE partners with Japan for mission to send ‘Rashid’ rover to the moon

The Emirates Lunar Mission is one of the initiatives under the Mars 2117 Programme, which aims to build a human colony on Mars

Head of UAE’s Lulu Group safe after chopper crash lands in India

No major injuries were reported

One-time pioneer LG Electronics to close smartphone business

Phones constituted 8.2 per cent of LG sales last year

Philippines extends Manila’s lockdown on surging infections

The government will decide in a week if the capital and nearby areas can shift to a looser lockdown so more businesses can reopen

UAE lender FAB opens Jakarta office to facilitate regional trade

FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE, the wider GCC region, Egypt and Asia

Saudis raise crude price to Asia as vaccines buoy oil market

Aramco also increased pricing for light crude grades to the Mediterranean region

Bahrain’s Investcorp invests in India’s Xpressbees

Xpressbees has a presence across more than 2,000 towns and cities in India

Bahrain’s Investcorp acquires cereal and coffee company Viz Branz

Viz Branz has approximately 1,300 employees with manufacturing facilities and operations in China and Myanmar