Rolls-Royce New Ghost

Rolls-Royce showcases its second-generation Ghost saloon

It took eleven years for Rolls-Royce to unveil this second-generation of its Ghost model

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How digitally mature regional firms are leveraging technology to capitalise on greater opportunities

The technology, consumer and financial sectors boasted the highest proportion of entities that are digitally most mature

First Abu Dhabi Bank

First Abu Dhabi Bank to start talks with Israeli lenders

The decision follows the signing of a memorandum of understanding between the UAE central bank and the Israeli Prime Minister’s Office

TOPSHOT-LEBANON-BLAST

Beirut blast caused up to $4.6bn in physical damage: World Bank

More than 180 people were killed and thousands injured when a vast consignment of explosive material detonated at Beirut’s port on August 4

Israel sees $6.5bn in trade as UAE peace talks kick off

On August 13, the countries announced their plan to normalise ties, a first between Israel and a Gulf Arab nation

Top Dubai, Israeli banks seek to cooperate after peace deal

Discussions between Bank Leumi and Emirates NBD Bank are at an early stage and no final decisions have been made

Israel’s flagship carrier El Al set for unprecedented UAE flight

An Etihad Airways cargo plane from Abu Dhabi made the first known commercial flight between the countries in May with a humanitarian shipment for the Palestinians

New antibody tests offer better snapshot of Covid-19 immunity

Antibodies are markers of infection, and testing for them helps health officials see how widely the virus has spread

FIVE Hotels & Resorts to open new destination in Europe

The brand intends to revive the prestigious history of Zurich’s Atlantis hotel

Abu Dhabi hedge fund makes $300m emerging-market wager

The manager has already moved about 90 per cent of that money into markets such as China and India, after cutting some positions in developed markets

US Secretary of State Mike Pompeo arrives in UAE

His visit to the UAE forms part of a broader Middle East tour

Oil holds at five-month high as hurricane nears US Gulf Coast

Oil prices will probably continue to rise as excess inventories are used up

Lebanon inflation soars past 100% in latest sign of meltdown

Inflation in July reached 11.42 per cent from the previous month

fortnite

Microsoft sides with Epic Games in legal fight against Apple

The App Store forces applications and games on it to use its exclusive in-app payment system

Airbnb bans parties in home rentals worldwide, caps occupancy at 16

The company has filed confidentially for an initial public offering

Apple makes Wall Street history by breaking $2 trillion barrier

The company has been buoyed by the broad adoption of mobile internet-connected devices, apps and other cloud services

Oil slides from five-month high on cloudy demand outlook

OPEC+ also warned at a meeting on Wednesday that the pace of the demand rebound was slower than expected

Saudis keep pressure on OPEC cheats before ministerial talks

Riyadh’s struggle to enforce compliance has been a long-running issue

TOPSHOT-LEBANON-BLAST

Beirut blast probe opens with arrest order for port customs head

Authorities say that some 2,750 tons of ammonium nitrate exploded in the port

Saudi intercepts another missile attack from Yemen targeting ‘civilian targets’

The missile was launched towards the kingdom’s southern region on Sunday

UAE summons Iranian envoy over denunciation of Israel deal

Tehran termed the pact as a strategic mistake

Fortnite Epic Games

Fortnite-developer Epic Games sues Apple

Epic Games wants to use its own payment system to facilitate in-app purchases rather than relying on Apple

How digitisation will help the oil and gas industry

Deploying technological tools will help regional oil and gas operators improve worker health and safety and innovate to find new solutions

LEBANON-BLAST

UN sends Lebanon 50,000 tons of wheat to avert food crisis

The first batch of 17,500 tons will arrive in 10 days

Microsoft-Windows

FBI warns against using Microsoft Windows 7

Microsoft stopped supporting Windows 7 with any further updates in January of this year

TOPSHOT-LEBANON-BLAST

Lebanon premier quits with attack on elite as blast anger builds

Several ministers had already quit in the aftermath of the disaster

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Toshiba completes full exit from laptop business

Two years ago, it sold an 80.1 per cent stake in its PC business to Sharp

Aramco still aims for $15bn investment in India’s Reliance

A deal with Reliance would help the world’s biggest crude exporter join the ranks of the top oil refiners and chemical makers

LEBANON-BLAST

Global powers pledge $298m to Lebanon after blast

Outrage over the August 4 explosion is running high in Lebanon, with protesters taking to the streets to demand regime change

Abdulla Al Ghurair Foundation for Education expands support for Jordanian youth

Crown Prince Foundation will oversee Young Thinkers Programme activities in Jordan for three years