Live: UAE astronaut Sultan Al Neyadi to takeoff on space mission

Lift off: UAE astronaut Sultan Al Neyadi en route to space

The mission, dubbed Crew-6, will include a series of experiments and research

Flydubai reports 43% rise in profit for 2022

Flydubai reports 43% rise in profit for 2022

The carrier flew 10.6 million passengers across its network last year, rising 89 per cent compared to 2021

UAE new visa rules

UAE visas: Expats need monthly income of Dhs10,000 to sponsor 5 relatives

The new visa rules require expats who want to bring their relatives or their wives’ relatives to the UAE to have an adequate monthly income

Online fashion retailer Namshi teams up with Tabby

Online fashion retailer Namshi teams up with Tabby

Customers can now use Tabby to split their purchases in four monthly payments at Namshi

Leap23

How LEAP is positioning Saudi Arabia as a technology hub

Public and private sector enterprises are setting standards for digital excellence with the support of events such as LEAP2023

Yahsat

UAE’s Yahsat reports 6% rise in revenue for 2022

Adjusted earnings before interest, taxes, depreciation and amortisation rose 7 per cent year-on-year to total $258m

F88

F88 raises $47m ahead of its planned Vietnam IPO

The Hanoi-based company offers small loans primarily backed by vehicles as collateral and provides financial services, such as insurance and money transfers

Qatar Airways launches Premium Experience campaign featuring Deepika Padukone

Qatar Airways launches Premium Experience campaign featuring this Bollywood icon

The Indian actress encapsulates the premium experience available to the airline’s customers

e& increase stake in Vodafone Group

UAE’s e& raises stake to 14% in Vodafone

The telecom operator, which initially acquired a 9.8 per cent stake in Vodafone for $4.4bn in May 2022, said its investment rationale remains unchanged

SABIC projects tight industry margins

Saudi Arabia’s SABIC sees industry margins staying tight

SABIC, which is majority-owned by Saudi Aramco, said average sale prices dropped 9 per cent from the previous quarter.

Dubai International Boat Show

Dubai International Boat Show 2023 previews the future of marina living

The show will open doors to residents and international visitors on March 1

Saudi Arabia's PIF backs emkan capital

Saudi wealth fund unit backs Emkan Capital’s technology fund

Emkan Capital’s technology fund will invest in pre-seed and seed-stage companies with high-growth potential

UAE reveals fuel prices for March 2023

UAE reveals fuel prices for March 2023

Petrol prices will marginally increase, while the price for diesel has been cut

UAE sustainable finance

UAE’s green, sustainable finance enjoy two years of rapid growth

The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.

Edmond de Rothschild opens office in Dubai's DIFC

Edmond de Rothschild opens office in Dubai’s DIFC, aims to broaden regional presence

The UAE is already an important market for Edmond de Rothschild, and the new presence will enhance its ability to serve the clients in the region

UAE weather update: Rain, overcast conditions expected this week

The UAE recorded its lowest temperature of 15°C in Raknah (Al Ain) at 6.30am and in Jais Mountain (Ras Al Khaimah) at 5.30am local time today

Dubai Chamber introduces Business Sectors Platform

Dubai Chamber of Commerce launches Business Sectors Platform

The platform features a comprehensive set of specialised services to enhance communication between the chamber and private sector

Saudi’s Mawani, Jeddah Chamber to jointly build $267m integrated logistics park

Mawani said the logistics park is expected to further boost its role as a key player in the national transportation ecosystem

Dubai's Emirates is largest foreign airline serving India

Dubai’s Emirates is largest foreign airline serving India

The airline carried 4.45 million passengers between Dubai and India last year

Arab Health: At the crossroads of healthcare

Arab Health: At the crossroads of healthcare

The online event, which began on January 9, will go on until to March 2

Netflix

Netflix launches programme to upskill television producers in Saudi

The seven-week programme will be available exclusively through the University of Southern California

Abraj oil drilling deal

Oman’s Abraj inks oil drilling deal with Chevron, Kuwait Gulf Oil Company

Abraj will construct three drilling platforms in the Wafra oilfield in the southern part of Kuwait as part of the deal

Wall street

General Atlantic joins push for Middle East sovereign wealth

The US-based firm has been investing in the region since 2015 and has deployed about $400m in companies such as Property Finder and Network International

Sheikh Hamdan announces first phase of Emirati initiative Image_WAM

Sheikh Hamdan launches first phase of ‘Emirati’ initiative

The first phase of the initiative will see 22 new services added to the current 131 services available on the platform

The role of research and advisory in real estate

The involvement of research and advisory in real estate begins ideally at the concept and feasibility study stage of the project

Alan O'Neill - 100 days

Alan’s corner: Tips to make a partnership work

Communication is central to the success of any partnership

DCT Abu Dhabi signs MoYU with Inpex fpr teamlab Phenomena Abu Dhabi sponsorship

TeamLab Phenomena Abu Dhabi receives ¥1bn in sponsorship deal from Japan’s Inpex Corporation

The Department of Culture and Tourism – Abu Dhabi has signed an MoU with Inpex subsidiary, Japan Oil Development, for the sponsorship deal for teamLab Phenomena Abu Dhabi

DMCC

DMCC, TDeFi to support Web3, blockchain firms

The accelerator programme will offer mentorship and sessions on a range of topics related to crypto and scaling a business

Non-oil foreign trade between UAE, Kuwait grows 87% over a decade

UAE, Kuwait non-oil trade grows 87% over decade

Non-oil foreign trade between the UAE and Kuwait reached Dhs43bn by the end of 2022

Unit 3 of UAE's Barakah plant starts commercial operations

Unit 3 of UAE’s Barakah plant starts commercial operations

When fully operational, the plant will prevent 22.4 million tonnes of carbon emissions every year