wealth management trends - Abdulmohsin Al Omran, founder and CEO, The Family Office,

How is wealth management faring across the GCC?

Abdulmohsin Al Omran, founder and CEO, The Family Office, gives Gulf Business the lowdown

Masdar

UAE’s Masdar targets $750m bond sale

The firm plans to grow its renewables capacity five-fold by the end of the decade

Apple

Apple to expand smart-home lineup

The brand is working on a slate of devices, including new displays and a faster TV set-top box, after relaunching its larger HomePod speaker

Ian Fairservice Managing Partner and Group editor of Motivate Media Group

Ian Fairservice, Motivate Media Group’s Managing Partner and Group Editor-in-Chief, to speak at Emirates LitFest

Fairservice, a well-known personality in Dubai’s expat, business and cultural community, has played a key role in transforming the UAE’s media industry over four decades

MOU signing - Mubadala Energy, OMV and PARCO join forces to explore opportunities in sustainable fuels

Mubadala Energy, OMV, PARCO to tap opportunities in sustainable fuels in Pakistan

The companies will explore the possibility of pursuing projects in circular economy initiatives, including plastics production and recycling, sustainable fuels and feedstock

Qatar Airways, Air Serbia sign comprehensive codeshare agreement

Qatar Airways, Air Serbia sign comprehensive codeshare agreement

Qatar Airways currently operates five weekly flights between Doha and Belgrade, the Serbian capital

UAE astronaut Sultan Al Neyadi to travel to space on February 26

UAE astronaut Sultan Al Neyadi to travel to space on February 26

The Falcon 9 rocket and the Dragon Endeavour spacecraft is scheduled to launch from NASA’s Kennedy Space Center in Florida

SentinelOne

SentinelOne expands Middle East and Africa operations with new Dubai office

The facility serves a number of functions including acting as an environment for the brand to showcase its cybersecurity solutions

Schneider - Aveva

Schneider Electric completes acquisition of Aveva

Aveva’s software drives efficiency and reduces costs for over 20,000 customers worldwide, offering a digital twin for the whole asset lifecycle from engineering to operations

ADNOC Distribution, Taqa partner to offer EV charging points across UAE

ADNOC Distribution, Taqa partner to offer EV charging points across UAE

The E2GO joint venture will play a critical role in delivering EV charging infrastructure across Abu Dhabi

Crypto Oasis

UAE: Crypto Oasis lists over 1,650 blockchain firms by Q4 2022

More than 8,300 individuals currently work in organisations in the crypto, blockchain, metaverse and Web3 ecosystem of the UAE

Microsoft

Microsoft plans 10,000 job cuts, will take $1.2bn charge

The layoffs come as the software giant said it’s seeing customers exercise caution, with some parts of the world in recession

Dubai records completion of 55 real estate projects worth $3.24bn in 2022

Dubai records completion of 55 real estate projects worth $3.24bn in 2022

A total of 350 real estate projects are currently being developed in the emirate

Power Letters 2023: Nasser Al Awadhi, chief executive officer, ADIB

Power Letters 2023: Nasser Al Awadhi, chief executive officer, Abu Dhabi Islamic Bank

Continuous innovation, segment focus, digital excellence and sustainable future are the core tenets of our 2025 growth strategy

Mubadala kkr tie-up

Davos 2023: Mubadala says Emirates Global Aluminium IPO may happen this year

A listing of the company this year would follow a boom for IPOs in the region that started in 2022 and fetched almost $23bn

Emirates to reintroduce A380 on Dubai-Casablanca route

Emirates to reintroduce A380 on Dubai-Casablanca route

Starting April 15, the airline will replace the Boeing 777-300ER aircraft currently used between Dubai and Casablanca with the A380

Etihad airways, Satavia sign contract

UAE’s Etihad, UK-based Satavia sign contrail management contract

Aircraft-generated condensation trails, or contrails, cause surface warming responsible for up to two-thirds of aviation’s climate impact

Masdar City

Masdar City, MBZUAI, The Catalyst to promote clean energy and tech, AI in the region

The three entities will explore the development of a new accelerator programme focused on AI to encourage more MBZUAI graduates to start successful businesses

Saudi-Aramco acquires Motiva and launches Aramco Trading Americas

Saudi Aramco acquires Motiva, announces launch of Aramco Trading Americas

The move strengthens Aramco Trading Company’s global operations and extensive portfolio, giving it incremental access to the largest oil refinery in North America

Majid Al Futtaim launches MENAP economic integration barometer_trading_freepik.com

What Majid Al Futtaim’s new MENAP Economic Integration Barometer reveals

The barometer, developed to systematically track progress on an annual basis, will offer a deeper understanding of the status of MENAP economic integration

Power Letters 2023: Hatem Dowidar, group CEO, e&

We envision e&’s transformation as a long-term journey with accelerated growth, as we progress across all our business verticals

Masdar and Kazakhkistan_ Wind-power--e1670994499306

Masdar to explore set-up of 1 GW wind power project in Kazakhstan

Masdar will work closely with the Kazakhstan Investment Development Fund Management Company and the Kazakh Ministry of Energy on the project

ADNOC begins work on new carbon capture and storage project

Abu Dhabi’s ADNOC begins work on new carbon capture and storage project

Once operational, the project will initially fully sequester a minimum of 18,000 tons per annum of carbon dioxide

Mubadala Investment Capital invests in fintech Tabby's Series C round

Mubadala Investment Capital invests in fintech Tabby’s Series C round

The funds will be used to expand Tabby’s product line and support the company’s growing operations

Metaverse

Everdome’s metaverse announces a new stage of hyper-realistic adventure

Jezero Spaceport is the next step in the space travel which includes a Martian civilisation experience

Saudi

Saudi 2.0: Digital technologies underpinning the kingdom’s economic landscape

The kingdom’s objective is to become a more prosperous economy, whereby Saudi is ranked among the top 15 economies worldwide by 2030

e& enterprise

UAE’s etisalat by e& named strongest Middle Eastern brand

Tech giant Amazon regained top spot from Apple to become the world’s most valuable brand

Zambia

Zambia signs $2bn solar power development pact with UAE

Construction will be done in phases, starting with the installation of 500 megawatts

Jadwa divests stake in Luberef

Davos 2023: Saudi Arabia open to talks on trade in currencies besides dollar

The world’s largest oil exporter is seeking to strengthen its relations with crucial trade partners

Abu Dhabi opens new clinical trials unit to boost medical research

The new unit will conduct research and trials focused on key disease areas