e& enterprise

UAE’s e& enterprise completes acquisition of Smartworld

Smartworld is now rebranded to e& enterprise IoT and AI

Gitex

Gitex to launch Africa edition in 2023

Gitex Africa marks first international venture for the mega tech showcase, in partnership with Morocco’s Digital Development Agency

CEO of UAE’s digital bank Zand steps down

The bank’s board is expected to announce a new CEO shortly

UAE Federal Tax Authority to launch new integrated platform ‘EmaraTax’

UAE Federal Tax Authority to launch new integrated platform ‘EmaraTax’

EmaraTax will enhance the way that taxpayers can access the FTA’s services, pay their taxes and obtain refunds

DIFC Courts launches tejouri

Gitex Global 2022: DIFC Courts launches global digital vault ‘tejouri’

The new digital vault will enable the upload and secure storing of insurance contracts, title deeds, wills and financial certificates

Dubai Internet City-Intel: Ammar Al Malik, Executive Vice President, TECOM Group and Taha Khalifa, Country Manager GCC, CCG Director EMEA, Intel

Gitex Global 2022: Dubai Internet City to host Intel’s first AI software R&D centre in the GCC

Intel will also relocate AI experts from various global offices to bring international tech talent and skills into the community

Abu Dhabi Islamic Bank launches ‘small business finance’ to support SMEs

The lender aims to offer a financing solution up to Dhs1.5m to support developing needs of businesses

Gulf Business

Gulf Business enters non-fungible token space, launches GB Crypto NFT

Gulf Business has partnered with Virtua for this initiative

Etihad Airways launches inaugural flight to Guangzhou

Abu Dhabi’s Etihad Airways launches inaugural flight to Guangzhou

 The new twice-weekly service will be operated via a two-class Boeing 777

Acer

Acer unveils ‘world’s lightest’ 16-inch OLED laptop

Designed for productivity on-the-go and hybrid working models, the Swift Edge is a blend of performance, security and durability

Dubai hosts world’s first public flight of two-seater flying car

The flying car, X2, emits zero carbon dioxide and is designed with a maximum speed of 130 kilometres per hour

UAE Cabinet approves federal budget 2023-26 courtesy WAM

UAE Cabinet approves 2023-2026 federal budget, with total expenditure of Dhs252.3bn

Social development and benefits represent the largest proportion of the country’s federal budget 2023 at 39.3 per cent

Sinotrans

UAE telecom du signs MoU with Huawei and Sinotrans at Gitex Global

Huawei and du will deliver the 5G campus network solution to Sinotrans

Vodafone

Gitex Global: Vodafone, Ericsson facilitate data-driven decisions with AI-based solutions in Oman

Vodafone in Oman leverages Ericsson expert analytics and network optimisation cognitive software solution to increase network agility

IHC invests in Lulo Bank Colombia

Abu Dhabi’s IHC expands into Latin America, invests $200m in Lulo Colombia

Colombia is the fourth global market which IHC has expanded its investment activities into this year after the UK, India, and Turkey

e& universe courtesy WAM

Gitex Global 2022: UAE telecom giant e& enters the metaverse

Developed in partnership with HTC, the manufacturer of virtual reality and mobile devices, e& universe will be hosted virtually on Mars

ENOC Group Service Station of the Future

Dubai’s ENOC Group announces partnership with Nigeria’s QMF Energy

ENOC Marine Lubricants will supply its Strata product range across all the ports in Nigeria

Healthcare provider Burjeel soars in debut of scaled-down IPO

Burjeel Holdings rose 20 per cent to almost Dhs2.4 in Abu Dhabi

ADNOC

ADNOC Drilling awarded $1.53bn contract to help expand ADNOC’s offshore operations

Over 80 per cent of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme

Dubai leads MENA region on Global Power City Index 2022

Over 1,450 organisations operate across UAE’s Web3 space – report

More than 7,000 individuals work across the country’s Web3 industry

Gold is heading East as a falling price lures Asian buyers

Since peaking in March, gold prices have tumbled 18 per cent as the Federal Reserve’s rate hikes caused mass liquidation by financial investors

Saudi utility Marafiq seeks to raise $897m in share sale

Book-building for Marafiq’s IPO opens on Sunday and lasts until October 14, followed by a retail offering from October 26-29

TOMS 10X10

Retail brand TOMS gives 10 $10,000 grants to 10 mental health-focused organisations

The LightHouse Arabia in the UAE is one of the 10 organisations selected by TOMS to receive the grants it awarded to mark World Mental Health Day

DAFZ-aerial-view

DAFZ records 36% YoY rise in non-oil trade in 2021, exceeds Dhs162bn in value

Asia accounted for 43 per cent of DAFZ’s total trade with a value of Dhs69.5bn, followed by the Middle East and North Africa

ENEC Cyber Security Council MOU

Emirates Nuclear Energy Corporation, UAE Cyber Security Council to jointly boost cyber ‘resilience’

The two entities will conduct periodic exercises for the energy sector to build its readiness to respond to cyber incidents

ADNEC, MICCO agreement

ADNEC Group, MICCO Logistics to develop events-related logistics solutions

The agreement will focus on the development of integrated services, covering shipping, transport and other logistics operations, to support events organised by the ADNEC Group

Dubai airport free zone to enter metaverse with METADAFZ

Dubai Airport Freezone to enter metaverse with launch of METADAFZ at Gitex Global

METADAFZ will enable clients from across the globe to conduct meetings via a virtual platform regardless of the physical location among other benefits

DP world open new trade routes in 2022

DP World adds new trade routes to ease supply chain congestion

The new routes, covering more than 23,000 nautical miles, include connections between India, Middle East and Africa

DEWA DEWAVerse announced

Dubai’s DEWA launches platform in the metaverse

DEWA has been investing in metaverse technology to implement and develop current and future projects

Omar Matar Al-Mannai - Emirates Auction, Emirates Parkings

Emirates Auction, Emirates Parkings to showcase projects at Gitex Global

Emirates Auction will be at the Smart Dubai pavilion, whereas Emirates Parkings is participating with Dubai Police at the event