Sustainable

Leveraging the power of sustainable cold chains to safeguard food security

According to recent research, approximately one third of the food produced is getting wasted which puts pressure on consumers to change their behaviour

Oil

Oil poised for second weekly decline on gloomy demand outlook

Oil is trading near the lowest level since September

Taxi

Abu Dhabi launches public water taxi service

The service will offer an alternative transport option for public between Yas Bay, Yas Marina and Al Bandar

UAE’s Masdar to collaborate with Jordan’s energy ministry on renewable energy projects

In 2015, Masdar delivered the Tafila wind farm in Jordan, which increased the country’s total power capacity by 3 per cent

Saudi Arabia announces 5 mining exploration opportunities

Hydrogen to Neom pacts in Saudi Arabia’s South Korea deals blitz

A total of 26 memorandums of understanding have been signed for cooperation on projects

Dubai's Emirates to show FIFA World Cup matches live in the air

Dubai’s Emirates to show all FIFA World Cup matches live in the air

More than 200 of the carrier’s aircraft are equipped with live TV, featuring dedicated sports channels

Eyewear retailer eyewa opens 50 stores in 2 years across GCC

Eyewear retailer eyewa opens 50 stores in 2 years across GCC

Eyewa entered the physical retail space less than two years ago with the opening of its first store in Mall of Dhahran in Saudi Arabia in December 2020

First Emirati mission to the Moon set to launch on November 28

Upon landing, the Rashid rover will explore the characteristics of the lunar soil, the petrography and geology of the Moon

Customers can pay for parking at Dubai's DXB by scanning QR code

Customers can scan QR code, pay for car parking at Dubai’s DXB

Dubai Airports has launched the ‘Scan, Pay and Go’ method, whereby customers can scan the QR code on their parking entry ticket

Etihad Airways

Abu Dhabi’s Etihad to welcome over 1.5 million passengers over next six weeks

The airline has advised travellers to check-in online and arrive early to complete airport formalities

Crypto

ADGM launches Crypto Hub at Abu Dhabi Finance Week 2022

Holding its third day of sessions, the event under the theme of “Crypto Abu Dhabi”, facilitated the assembly of the global crypto, blockchain and decentralised finance entities

Liv. offers region's first in-app IPO subscription service

Digital bank Liv. offers region’s first in-app IPO subscription service

The initiative aims to support investor participation for upcoming listings

Etihad Airways becomes first airline to participate in World Energy’s net-zero program

Etihad Airways becomes first airline to participate in World Energy’s net-zero program

The announcement comes on the heels of the two companies powering the first net-zero flight using Sustainable Aviation Fuel (SAF) via a Book & Claim system

Dubai sets out roadmap to make public transport emission-free by 2050

The roadmap for achieving zero-emission public transport is based on initiatives related to infrastructure, the circular economy and green mobility

decipher

Crypto Oasis joins Algorand’s “Decipher” conference as regional partner

The event will take place from November 28-30 at Madinat Jumeirah, bringing together blockchain experts from Kraken, Binance, Sino Global Capital and more

GCC retail sector will see 15.7% YoY growth, according to Alpen Capital

GCC retail sector will see 15.7% YoY growth, according to Alpen Capital

The industry is expected to further grow at a compounded annual growth rate (CAGR) of 5.7 per cent by 2026, says Alpen Capital’s latest retail sector report

Here’s how fintech helps businesses control their expenses and manage financial operations

Remo Giovanni Abbondandolo, VP of Commercial – MENA at Checkout.com explains how the company is helping firms optimise existing payment methods

SunExpress launches direct flight between Dubai, Izmir

This is the second Turkish route the carrier now operates into Dubai International

Binance

Binance receives licence from Abu Dhabi regulator

The permission will enable Binance to provide custody to professional clients, provided they meet the conditions of the FSP as outlined by FSRA

Air Arabia

Air Arabia to launch new route to Namangan in Uzbekistan

The thrice-weekly flights will connect Sharjah International Airport with Namangan Airport

Online sales to get a boost during football season: TikTok reedseer

World Cup, Black Friday to boost online retail in MENA region to $8.4bn, predict Redseer, TikTok

According to the report, with offline sales included, the overlap of the football season with Black Friday will present a massive $70bn opportunity for the retail sector in the MENA region

Blockchain

Web3 expert Kevin O’Leary to speak at the Middle East Blockchain Awards

The inaugural event will be held as part of Abu Dhabi Finance Week at W Abu Dhabi on Yas Island, on November 18, 2022

Dubai to operate 12,000 taxis, 60 buses, over 1,300 metro trips to facilitate mobility during World Cup

Dubai to operate 12,000 taxis, 60 buses, over 1,300 metro trips to facilitate mobility during World Cup

The transit modes will help transport fans across Dubai as well as those travelling to Qatar to attend the tournament

Al Seer Marine & K Ship Building

Al Seer Marine orders four tankers worth Dhs643m, forges ahead with global expansion plans

The tankers will be LNG ready and are being designed to be ready to adapt to new fuels such as ammonia and methanol

Baraka

UAE fintech baraka raises $20m Series A funding round

The company marks the first regional investment for Valar, a venture capital firm backed by entrepreneur Peter Thiel

Aramco says hydrogen talks with Japan, South Korea are advancing

Much of the gas for Aramco’s blue hydrogen will come from Saudi Arabia’s massive Jafurah field

Agility posts-Q3-2022-profit - July 16, 2022: HH Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates meets with Joe Biden, President of the US, during the Jeddah Security and Development Summit. Image: WAM

Kuwait’s Agility reports KD12.6m in earnings for Q3 2022

In Q3, Agility controlled businesses reported EBITDA of KD47m and revenue of KD256.3m

yalla

UAE-based Yalla Group reports revenue of Dhs839m in first nine months of 2022

The company has also seen significant growth in the third quarter revenues to Dhs294m, an increase of 12.3 per cent compared to Q3 2021

FIFA World Cup: Dubai’s DWC to operate up to 120 shuttle flights between Nov 20 and Dec 19

Dubai Airports has advised passengers flying on match day shuttle flights to check requirements with their respective airlines before arriving to the airport

Julphar q3 2022 results

UAE’s Julphar reports 12.9% rise in net sales to Dhs415.7m in Q3 2022

Year to date, the company has launched 25 new products and is set to deliver its full-year 2022 objectives