NymCard acquires BNPL firm Spotii

NymCard acquires Middle East BNPL firm Spotii

The integrated platform will serve both B2C and B2B markets seamlessly, enabling instant instalment options

META cyber threat and hacker attack

Here’s why the META region is prone to mobile financial scam

Cyberthreats for Android users remain prevalent in the META region as the operating system holds a dominant market share

Saudi Arabia signs deal with China EV maker

Saudi Arabia inks $5.6bn deal with Chinese EV brand Human Horizons

The deal accounts for more than half of the $10bn investment agreements that were signed on the first day of the Arab-China business conference

UAE-UKRAINE TALKS

UAE delegation led by Mariam bint Mohammed Almheiri meets Ukraine’s president

The UAE’s Minister of Climate Change and Environment is leading a diplomatic delegation on an official visit to Ukraine

Qatar investor set for a spending boost

Qatar’s top dealmakers get ready for a spending power boost

The country’s wealth fund remains one of the biggest investors in Europe, with stakes in companies such as Glencore and automaker Volkswagen

Riyadh air

Riyadh Air takes flight in Saudi skies ahead of air show debut: Watch

Riyadh Air will join the global aviation sector with “RX” as its Airline Designator Code which was approved by the International Air Transport Association

B Store launched by AstraTech Image Astra tech

Now pay for groceries using facial recognition at Astra Tech’s new B Store

Astra Tech has launched its first autonomous shopping store in Abu Dhabi’s Sky Tower, which operates solely using artificial intelligence

Ukraine seeks UAE support.

Ukraine counts on UAE wealth funds to build its economy

Ukraine presented its economic transformation strategy and invited UAE funds to participate in the development of its wealth fund

Saudi Arabia disburses $8bn

Saudi to invest more than $800bn in tourism sector by 2033

The ministry has developed comprehensive plans for the travel and tourism sector which comprises 3 per cent of the labour market

UAE announces Eid Al Adha holidays

Residents can expect either five or six days holiday, depending on the sighting of the Moon

Food security AgriTech GCC

GCC: How tech can support food security

We explore the role of innovative technologies in achieving food security in the GCC region

unit-4-of-barakah-nuclear-energy-plant Image ENEC

Unit 4 of UAE’s Barakah nuclear plant begins ops readiness prep

Barakah’s three commercially operating units are already generating more than 30TWh of zero-emission electricity all year round

real estate

Alvarez & Marsal says dealmaking wave robust in MENA despite global dip

The increased interest rates have not had a material impact on dealmaking activity in the region

UAE bank investments

UAE bank investments hit a record $149.3bn in March

Month over month, bank investments jumped 1.3 per cent from Dhs541.4bn in February

Cost of living drives up expenses for expats

Has cost of living gone up for expats in Dubai, Abu Dhabi?

A recent report on world’s most expensive cities for international employees shows the emirate go up the ranks as the cost of living has gone up

KEZAD, Tubacex production facility

KEZAD, Tubacex to build OCTG-CRA production facility in Abu Dhabi

The facility will enable Tubacex to establish a strong presence in the UAE while reaching out to its global network of clients

The suites are located on the upper floors of the hotel (Image: Supplied by Conrad Dubai)

Conrad Dubai introduces residential suites

Each of its 22 one-bedroom units is spread across 100 sqm, and its residents can access the hotel’s leisure and business amenities

Burjeel to launch neurological institute with Northwell Health Image credit Burjeel Holdings

UAE’s Burjeel, US-based Northwell Health to launch neuroscience institute in UAE

The neuroscience institute will be located at Burjeel Medical City in Abu Dhabi

Brookfield eyes $28bn Network International deal

Canada’s Brookfield acquires Network International for $2.8bn

The investment firm reached a deal to pay 400 pence per share in cash, which represents a premium of about 64 per cent to Network’s closing price on April 12

mohre emiratisation deadline

21 days left for UAE businesses to meet mid-year Emiratisation target or face fines

A federal law aims to raise Emiratisation rates by two per cent annually to reach 10 per cent by the end of 2026

Dubai airport is world's noumber one.

Dubai Airports closes arrivals forecourt for private cars at DXB Terminal 1

The change has been made to reduce vehicle congestion as Dubai Airports handles an increase in overall passenger traffic

Desolenator

Silal partners with Desolenator on agricultural solar-powered desalination project

The project aims to contribute to the decarbonisation of food production in desert climates by significantly lowering the carbon footprint of the desalination process

UAE refutes fourwork week reports

UAE FAHR says four-day workweek rumours are ‘not true’

The authority urged the public to verify the accuracy of the information and take such news from the UAE’s official sources

CAFU

CAFU starts recruitment drive to hire tech talent

The company has over 100 positions, spanning a wide spectrum of expertise, from engineers and product designers to software developers

Dubai centre for artificial intelligence

Sheikh Hamdan launches Dubai Centre for Artificial Intelligence

The Dubai Centre for AI aims to train 1,000 government employees from over 30 government entities on the uses of generative artificial intelligence

UAE and Cambodia CEPA deal

UAE signs bilateral trade deal with Cambodia

The agreement with Cambodia will reduce or remove tariffs, eliminate barriers to trade and create new avenues for strategic investment

ADNOC L&S secures contract for artificial island

ADNOC L&S secures $975m contract to build offshore artificial island

The contract covers dredging, land reclamation and marine construction of an artificial island for the Lower Zakum offshore field

Abu Dhabi’s life sciences hub ambitions

Hayat Biotech bolsters Abu Dhabi’s life sciences hub ambitions

The city serves as a secure and efficient gateway for global distribution, particularly in the healthcare industry

MUBADALA partners with SAILGP

Mubadala and SailGP sign three year global partnership

The two organisations said the partnership will focus on SailGP’s ambition of becoming the most sustainable sport in the world

ADX partner Astana Exchange

Abu Dhabi bourse, Astana Exchange join hands to boost cooperation

The agreement will enable remote access for the exchanges’ respective brokerage companies through Tabadul