UAE CANADA FM MEET

UAE-Canada talks: Foreign ministers meet in Abu Dhabi

The two sides also discussed the latest developments in the Middle East region and ways to protect all civilians from the repercussions of the current crisis

four seasons red sea resort jv

Four Seasons Resort: Red Sea Global, Kingdom Holding sign SAR2bn joint venture

This collaboration between RSG and KHC coincides with substantial growth in the Kingdom’s tourism sector

crude oil

Russia strikes deal with Dubai’s DP World to develop Arctic sea route

The route is made viable by the melting of Arctic sea ice due to climate change

Ajay Banga, president of the World Bank Group - COP28

World Bank chief Ajay Banga warns of economic headwinds for global economy

Geopolitical tensions heightened by the Middle East crisis pose the biggest threat to the world economy

ARAMCO HYUNDAI GAS FIELD DEAL

Saudi Aramco, Hyundai to set up $2.4bn gas plant in Jafurah

Jafurah is Saudi’s largest unconventional non-oil associated gas field, with reserves estimated at 200 trillion cubic feet

Invest AD and Blackstone launch Private debt fund Image -courtesy-WAM

Mubadala-owned Invest AD, Blackstone launch private debt fund

The SCA-regulated fund will offer local feeder access to Blackstone’s US and European private credit strategies

UAE GCC CHINA TRADE CONFERENCE

UAE participates in first GCC-China economy and trade ministerial conference

The conference was aimed at enhancing dialogue between the GCC and Chinese business communities to lead to the creation of diverse business opportunities

Red Sea Global unveils Thuwal Private Retreat – a new luxury private island destination Image RSG

Red Sea Global unveils new luxury private island destination in Saudi Arabia

The buy-out only island resort will offer travellers premium luxury and hyper-personalised private experiences from early 2024

FUTURE INVESTMENT INITIATIVE

Future Investment Initiative 2023: Global summit in Riyadh gathers leaders amidst economic turbulence

Heads of state, CEOs, financiers, and policy experts, to discuss the challenges in light of rising global economic and geopolitical unrest

Emirates to codeshare with Batik Air Malaysia (Image: Supplied by Emirates)

Emirates to codeshare with Batik Air Malaysia

Emirates customers can access five domestic Malaysian cities and three regional South East Asia points operated by Batik Air via Kuala Lumpur

Dubai Private Schools enrollment is the highets ever for 2023-24 GettyImages-1207230797-1

Dubai private schools record highest-ever enrollment in 2023-24 academic year

The total number of students attending private schools in the emirate is now more than 365,000

Saudi Arabia esports

Saudi Arabia launches Esports World Cup 2024

This ambitious undertaking underscores Saudi Arabia’s commitment to becoming a global leader in the esports arena

https://gulfbusiness.com/wp-content/uploads/2023/10/Zurich-insurance-study-shows-1-in-4-employees-in-KSA-UAE-have-changed-jobs-in-2022-GettyImages-1214946297-e1682524082437.jpg

Survey shows 25% of employees in UAE, Saudi Arabia changed jobs last year

More than a third of the employees surveyed in the UAE and the kingdom expressed dissatisfaction with their current employee benefits packages

Qatar

Qatar Airways CEO Akbar Al Baker to step down, successor to be named soon: Report

Reports said that Qatar’s Emir Sheikh Tamim bin Hamid Al Thani had replaced Al Baker as the country’s top tourism official

GCC unified visa

GCC unified tourist visa to be introduced soon: UAE minister confirms date

The new visa will open doors to travellers, granting them access to six countries under a single, unified tourist visa, and foster economic synergy across the GCC

emaar

UAE: Emaar, Nakheel cancel community events; Culture Summit Abu Dhabi 2023 postponed

Cancelled events include those being organised by community management teams at Emaar and Nakheel for their residential communities

UAE among the top 5 countries to deliver highest room revenue in 2023 YTD, says Global Hotel Alliance Image Supplied

UAE among the top 5 countries to deliver highest room revenue in 2023 YTD: Global Hotel Alliance

The top three countries driving 2023 room revenue gains YTD are Spain, Thailand and Italy, with Singapore and the UAE coming in a close fourth and fifth

CYCLONE TEJ

Cyclone Tej impact on the UAE: Rains, hail and cloudy weather

The NCM has warned that the UAE would see some effects caused by the tropical storm

Crude oil market on tenterhooks over OPEC meet. Image credit: Getty Images

Oil prices down as diplomatic moves in Israel-Gaza crisis trim supply-disruption risk

To ease oil supply pressure, the US suspended sanctions on OPEC member Venezuela after a Venezuelan government deal with the opposition

UAE traffic fine

UAE public holiday 2023: Will we get a long weekend in December to mark National Day

This annual celebration marks the unity and formation of the UAE

UAE President and Singapore PM discuss bilateral relations Image WAM

UAE President, Singapore PM discuss bilateral relations

The two leaders discussed the need to promote the values of tolerance, coexistence, and dialogue, given their close link with regional and international peace and stability

Hyundai, PIF JV

PIF, Hyundai to build $500m high-tech car manufacturing plant in Saudi Arabia

Hyundai will act as a strategic technology partner, offering technical and commercial expertise to support the plant’s development

Japan energy sources

Strait of Hormuz: The world’s most important oil artery

About a fifth of the volume of the world’s total oil consumption passes through the Strait on a daily basis

Saga group - Travel

UAE investor among top shareholders in British holiday group Saga

Saga is betting on resilient demand from wealthy Britons who are less impacted by the cost-of-living crisis

UAE President receives Singapore PM Image WAM

UAE President receives Prime Minister of Singapore in Abu Dhabi

The Singaporean Prime Minister also met Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance

A view of Cyclone Tej as it approaches the Oman coast Image courtesy Oman Meteorology

Cyclone Tej: Oman declares two-day holiday in Dhofar, Al Jazar Wilayat

NCEM, in coordination with local authorities, has established 32 shelters in Dhofar Governorate and three in Al Wusta Governorate

Air Arabia launches flight from Sharjah to Giza City image Air Arabia

Air Arabia launches direct flights between Sharjah and Giza City

Sphinx International Airport marks Air Arabia’s fourth destination in Egypt from Sharjah

Tropical storm advances towards Oman Image Oman Meteorology

Oman braces for impact of tropical cyclone, Tej

Authorities have issued an advisory to the public to prepare for heavy rains expected in the coming days

Tarahum - for gaza campaign: UAE sends relief aid Image: WAM

Tarahum – for Gaza campaign comes to Dubai, Sharjah on Oct 21, 22

Those wishing to volunteer to help prepare relief packages can register through ‘Volunteers.Emirates’, the Emirates Red Crescent’s Volunteers Portal, the Day for Dubai Platform, and the Sharjah Volunteering Centre

digital

Why digital infrastructure is a cornerstone for the burgeoning growth markets

The evolution of digital infrastructure stands as a cornerstone for the burgeoning growth markets in the realm of technological sovereignty