Twitter head of France quits, says ‘it’s over’ in staff exodus

Damien Viel had led the region for about seven years

Oil steadies after wild ride with Chinese demand, OPEC+ in focus

Oil prices have weakened this month on concerns about demand

Passenger traffic at Dubai's DXB forecasted to reach 64.3 million in 2022

Passenger traffic at Dubai’s DXB forecasted to reach 64.3 million in 2022

Dubai International recorded average monthly traffic of over six million during the third quarter

DMCC digitises gold trading

Dubai’s DMCC digitises gold trading in partnership with ComTech Gold

Comtech Gold tokens will be created on the XinFin Protocol blockchain network based on the deposit of physical gold bars located in DMCC-approved vaults

Dubai Financial market

Dubai Financial Market launches new general index

The developed indices provide various market participants with investable and tradeable benchmarks for the DFM equity market

Federal law approved regulating linkage of renewable energy to National Grid courtesy_WAM

UAE approves law regulating linkage of renewable energy production units to electrical grid

The law aims to achieve the UAE’s objectives in terms of diversifying renewable energy sources and optimally utilising natural resources

rigs

Abu Dhabi’s ADNOC Drilling purchases three offshore jack-up rigs for $320m

The acquisition supports the company’s accelerated fleet expansion and growth strategy

AD Ports Group,TotalEnergies partner to explore solar opportunities

AD Ports Group, TotalEnergies partner to explore solar opportunities

Under the agreement, each partner will contribute expertise and technologies to conduct feasibility studies for distributed solar generation at KEZAD

accidents

How artificial intelligence can help reduce road accidents

Daniel Avdagic, CEO of AV Living Lab explains some of the technologies to look out for in 2023 that will focus on road safety

Egypt to start building $11bn wind farm from 2024

A consortium that includes Abu Dhabi’s Masdar and Infinity Power Holdings will finish building the 10-gigawatt onshore plant by 2030

The region’s first-ever standalone Disney Store opens doors at The Avenues in Kuwait

Region’s first standalone Disney Store opens in Kuwait

Located at the Avenues in Kuwait, the occasion was highlighted with an array of magical festivities and giveaways for little ones, transporting guests to the wonderful world of Disney.

cycling tracks

Dubai’s RTA to push total length of cycling tracks to 819km by 2026

The Roads and Transport Authority has awarded a contract for the construction of cycling tracks at Al Khawaneej and Mushrif

threat

Threat landscape insights and predictions for 2023

At Kaspersky’s annual Cyber Security Weekend – META, its experts discussed various topics and threats specifically facing enterprises, businesses and industrial organisations

Dubai

Dubai Future Academy announces the launch of three digital courses

The courses are free of charge, self-paced and available globally

Kuwait

Kuwait posts smaller deficit for last fiscal year on higher oil

The OPEC member recorded the highest non-oil revenue in seven years, up 38.5 per cent to KD2.4bn

Sheikh Mohammed attends opening ceremony of FIFA World Cup in Qatar

The Prime Minister and Vice President of the UAE was accompanied by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai

Abu Dhabi Grand prix

Max Verstappen claims winner’s trophy at F1 Etihad Airways Abu Dhabi Grand Prix 2022

Charles Leclerc came in second while the third place was claimed by Sergio Perez

ADDED launches Index for manufacturers

Abu Dhabi launches Smart Manufacturing Index to support move to Industry 4.0

The index empowers manufacturers with the necessary knowledge and training to initiate an Industry 4.0 transformation journey and scale up with speed and quality

Ad Ports Transmar Pakistan

UAE’s AD Ports Group, Transmar launch new Pakistan service

The new container shipping service links Karachi with the region’s major ports within UAE, Saudia Arabia, Egypt, Jordan, Sudan and Djibouti

americana courtesy WAM

KFC operator Americana doubles UAE retail offer for IPO

The subscription periods remain unchanged and will continue until November 21, for individuals and other investors in the UAE and Saudi Arabia

AD Ports Group signs agreements with Kyrgyzstan to promote trade

Abu Dhabi Ports Group acquires Spain’s Noatum in Dhs2.5bn deal

Subject to regulatory approvals, the transaction is expected to close in the first half of 2023

ADGM partners with ADIB, Wio Bank and RAKBANK

Abu Dhabi Global Market partners with ADIB, Wio Bank, RAKBANK to support SMEs

The partnerships with ADIB and RAKBANK will focus on providing ADGM-registered and licensed businesses with preferential banking services

Mubdala Air carbon exchange

Mubadala acquires stake in Hub71-based AirCarbon Exchange

Last year, ACX was recognised as the ‘Best Carbon Exchange’ in Environmental Finance’s prestigious Voluntary Carbon Market Rankings

On the fast track: How Yas Marina Circuit prepares for F1

Ali Al Beshr, Circuit Operations Director at Yas Marina Circuit shares some insights into the preparations that go into hosting the season-ending Abu Dhabi Grand Prix weekend  

Dubai's Emirates expects huge inbound traffic surge, starting Nov 19

Dubai’s Emirates expects huge inbound traffic surge, starting Nov 19

Dubai will witness a surge in inbound traffic, as visitors travel to attend sporting events as well as for the festive season

Breaking new ground: The impact and legacy of the FIFA World Cup

The tournament is set to begin on November 20, placing host country Qatar under bright lights

chargebacks retailers

Top five ways retailers can reduce chargebacks and prevent fraud

Chargebacks are among the biggest issues facing merchants today

Alcohol sales banned at FIFA World Cup stadiums

The FIFA World Cup is set to begin on November 20, with hosts taking on Ecuador

Ceer

Saudi’s first EV brand Ceer appoints James Deluca as CEO

In his last role, DeLuca led VinFast, Vietnam’s first domestic automobile brand

Taaleem

Dubai school operator Taaleem’s IPO draws $3.7bn in orders

Taaleem’s shares are due to start trading on November 29