UAE leads Arab World in IMD World Talent Ranking 2022

UAE leads Arab region in IMD World Talent Ranking 2022

The UAE is among the best countries in terms of readiness to meet the needs of the labour market for significant skills and expertise

Air Arabia commences direct flights between Sharjah and Milan

Air Arabia commences direct flights between Sharjah and Milan

The new service will connect both cities with four weekly flights

UAE issues corporate tax law

The country’s corporate tax regime will levy a standard rate of 9 per cent on taxable profits exceeding Dhs375,000

du

UAE telco du to enhance employees’ skillsets via alliance with Nokia

As part of the agreement, Nokia will carry out training and development programmes covering technology competence to du employees

Etihad Airways to deploy four A380s on Abu Dhabi-London route from 2023

The return of A380s will be supported by the addition of five A320 aircraft

Prince Khaled’s KBW Ventures invests in US-based foodtech startup

The funding round will help Black Sheep Foods scale up production for its debut lamb made from plants

Saudi Arabia and China strengthen strategic partnership in digital economy

Saudi Arabia and China strengthen partnership in digital economy

The partnership also covers cooperation in the fields of artificial intelligence, advanced computing and quantum information technology

Oman gets interest from hydrogen investors for mega-blocks

More than 40 companies, including TotalEnergies and BP, have purchased request-for-qualification documents for the Omani blocks

Air Arabia Abu Dhabi launches its first flight to Tashkent

Air Arabia Abu Dhabi launches first flight to Tashkent

The flights will connect Abu Dhabi International Airport to Islam Karimov Tashkent International Airport with a twice-weekly service

Sheikh Mohammed approves Dubai budget 2023-2025

Sheikh Mohammed approves Dhs205bn Dubai budget for 2023-25

The government’s total expenditures for the 2023 fiscal year are estimated at Dhs67.5bn

jobs

Over a third UAE IT decision-makers actively looking for a new job, finds study

According to ManageEngine’s IT at work: 2022, about half of IT decision-makers said they would leave their companies if pay did not keep up with inflation

World Cup fans on pace for record spending at tournament venues

Fans who were present to watch Saudi Arabia take on Mexico on November 30 spent the most overall

Alpha Dhabi launches lifestyle vertical with investment in Nammos Group

This came as a result of its joint venture partnership with Monterock International, an investment company with a focus on hospitality and F&B sectors

ExpertBook

How ASUS’ ExpertBook B3 Detachable laptop is beneficial for students and business professionals

Designed both for education and business, the device is an ideal portable companion for remote learning and working for uninterrupted periods

ADNOC, TAQA and Mubadala complete transaction to acquire Masdar stakes

Abu Dhabi’s ADNOC, TAQA and Mubadala complete deal to acquire Masdar stakes

Masdar targets a minimum of 100GW in renewable energy capacity and the production of up to one million tons of green hydrogen by 2030

Bulwark Issquared

IT service provider Issquared signs deal with Dubai-based Bulwark Distribution

Issquared offers a comprehensive portfolio of products to address operational excellence and solve security and governance needs

Turtlefin

Turtlefin partners with The Continental Group in the UAE to offer insurance solutions

The solution is said to bring operational efficiencies by automating proposal journeys, management reporting and dashboards, which will be accessible from a single source

Aster

Aster DM Healthcare, Faruk Medical City sign contract to develop healthcare services in Iraq

Through this partnership, doctors from Aster will visit FMC’s facilities to consult and provide surgical services which are not locally available

Nike launches its smart sneaker Cryptokicks iRL

Nike launches its smart sneaker Cryptokicks iRL

The Cryptokicks iRL features auto-lacing, enhanced lighting, haptic feedback, gesture control, walk detection, app connectivity, AI/ML algorithms and wireless charging via the RTFKT powerdeck

Togo

Abu Dhabi Exports Office signs Dhs92m financing agreement with Togo

The cooperation seeks to increase Mohammed bin Zayed Solar Park’s production capacity in the country from 50 megawatts to 70 megawatts

UAE’s foreign non-oil trade to grow to Dhs2.2tn by end of 2022

Non-oil foreign trade crossed Dhs583bn during the third quarter of the year

UAE

UAE Space Agency signs strategic agreement with AWS

Both entities will work together on three key initiatives

Saudi and Chinese companies sign 34 investment agreements

The agreements covered sectors like green energy, green hydrogen, photovoltaic energy, information technology, cloud services, transportation, logistics, medical industries, housing and construction factories

Sharjah Chamber opens registration for Sharjah Shopping Promotions 2022

Sharjah Chamber opens registration for Shopping Promotions 2022

The new season will kick off on December 15 and will continue until January 29, 2023

Saudi Arabia's non-oil exports rise 4% to $6.6bln in October

Saudi Arabia sees 2023 budget surplus bump

Revenues are now set to reach SAR1.13tn, slightly more than projected earlier

Oversight Board

Meta’s Oversight Board criticises ‘shortcomings’ in protection of VIP accounts

The Oversight Board, which was conceived by and funded by Meta and is comprised of 20 journalists, academics and politicians, began assessing cases last year

UAE's Agthia Group partners with AD Ports Group to enhance supply chain connectivity

UAE’s Agthia Group partners with AD Ports Group to enhance supply chain connectivity

Both companies will collaborate to optimise Agthia’s logistics operations

Flydubai to launch daily flights to St Petersburg

Flydubai to launch daily flights to St Petersburg

The carrier has grown its network to 114 destinations

Saudi Arabia’s construction sector strongest across MENA region, reveals JLL

Saudi Arabia’s construction sector strongest across MENA region, reveals JLL

Construction output growth in Saudi Arabia is anticipated to rise by 3.2 per cent in 2022, with a further annual average growth rate (AAGR) of 4 per cent between 2023 to 2026 as indicated by Global Data

Atos

Atos opens new Global Delivery Center in Cairo

The company signed an agreement with the Egypt’s Information Technology Industry Development Agency to expand operations in the country