UAE’s Commercial Bank International announces launch of metaverse location

The bank’s virtual location is now open for visitors

Unit 3 Barakah Plant_courtesy WAM_ENEC

Barakah nuclear energy plant’s Unit 3 now connected to UAE transmission grid

Unit 3 will add another 1,400 megawatts of zero-carbon emission electricity capacity to the national grid

Fuelling the future of global aviation

Fuelling the future of global aviation

Sustainable aviation fuel currently accounts for less than 0.1 per cent of global jet fuel use. It’s expected to rise to about 4 per cent in 2030

Dubai Chamber launches metaverse academy_GettyImages

Dubai Chamber of Digital Economy launches training programme to support digital startups

A total of 30 businesses from Dubai and other markets will be selected to join the training academy

Federico Cerimonia, Sonder

Hospitality trends: The rising popularity of holiday homes

Federico Cerimonia, the general manager of Sonder, a tech-enabled hospitality company, tells Gulf Business about the growing preference for holiday homes among travellers visiting Dubai

cloud

Oracle to present latest cloud innovations at Gitex Global

Visitors can take the wheels of one of the fastest Formula 1 cars, and understand the role of real time data powered by Oracle Cloud

Aveva to showcase unified operations centre for data centres at Gitex Global

Organisations deploying this solution will realise reductions in project implementation times by up to 60 per cent

Low code

Insights: Myths and realities of low-code and no code

Organisations that use low-code are bound to do well in the long run due to its benefits

Hands-on review: Reno8 Pro 5G

Hands-on review: Reno8 Pro 5G by OPPO

The OPPO Reno8 Pro 5G redefines the boundaries of photographic capabilities with an innovative camera system driven by MariSilicon X

Unicorn

Procurement: The key to unlocking unicorn status

Procurement allows startups to understand the challenges and steps needed to scale up a business to become the next unicorn

Bahrain

Bahrain attracts $290m in direct investment in manufacturing and logistics

The investments are expected to generate more than 1,200 jobs over the next three years

Danube Home unveils 'My Garden 2023 e-Catalogue'

Danube Home unveils ‘My Garden 2023 e-Catalogue’

The theme of the Danube Home e-catalogue this year is ‘From Dream to Reality’ showcasing well-curated products for all kinds of outdoor spaces

Fintech Surge

Top firms to watch out for at Dubai’s Fintech Surge 2022

The second edition of the event will host insurtech and payments innovators

ENGIE Solutions and UAE Ministry of Energy and Infrastructure partner to develop clean energy projects

ENGIE Solutions, UAE MoEI to develop clean energy projects

ENGIE Solutions aims to support the UAE’s transition to using new means of energy sources and mobility

World acting sooner can limit energy transition costs, IMF says

The analysis shows that climate policy wouldn’t stoke wage-price spirals and wouldn’t complicate the job of central banks

Chainalysis

Chainalysis to discuss blockchain risks, opportunities and compliance at Gitex Global

Visitors can experience live demos of Chainalysis Storyline, its Web3-native blockchain analysis tool, designed to visualise smart contract transactions

Lovely Human NFTs

Hub71 startup GLEAC introduces utility NFT ‘Lovely Humans’

Starting October 15, users can bid on a Lovely Human NFT for a chance to be a part of a community of leaders and game changers

Saudi Arabia's Public Investment Fund issues green bond

Saudi Arabia’s Public Investment Fund raises $3bn via inaugural green bond

The bond was more than eight times oversubscribed, with orders exceeding $24bn

The FIFA World Cup

International Hayya Card holders can invite up to three non-ticketed fans to attend FIFA World Cup

The feature is only applicable to approved Hayya Card holders aged 18 or above who applied using a FIFA World Cup ticket number

Oman Insurance company rebrands itself as Sukoon

Oman Insurance unveils new corporate logo, rebrands as Sukoon

The new brandmark represents two human hands coming together, depicting a sense of security and protection for customers

Falguni Nayar Founder and CEO Nykaa and Ms Sima Ved Founder and Chairperson Apparel Group

Apparel Group, Nykaa partner to set up omnichannel beauty retail platform in GCC

Nykaa will build on the Apparel Group’s retail infrastructure networks to provide GCC-focused beauty offerings

Gold set for largest weekly gain since March amid mixed US data

The precious metal crossed the $1,700 mark this week

ADIB UTC partnership

ADIB joins e& enterprise blockchain platform UAE Trade Connect

ADIB will use the UAE Trade Connect platform to detect fraud and dubious transactions in the trade finance area

Binance growth rate in MENA

Binance sees 49% YTD rise in new users in MENA region 

Binance recently obtained a minimal viable product license from Dubai’s Virtual Asset Regulatory Authority to offer approved virtual asset-related services

in5

Business incubator in5 to showcase seven Dubai-based startups at Gitex Global

The startups include businesses advancing cloud-based workflow automation, consumer electronic subscriptions, media streaming and targeting services

Abu Dhabi Securities Exchange adds stock futures to derivatives market

Abu Dhabi Securities Exchange adds five single stock futures to derivatives market

From October 6, stock futures on Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Fertiglobe, Borouge and AD Ports will be available for trading on the derivatives market

GPSSA

UAE’s GPSSA to showcase virtual customer-centric experience in the metaverse at Gitex Global

Visitors will be able to take part in requesting a service within virtual reality, enjoying real-time service in the metaverse

metaverse

Here are the opportunities and challenges in building immersive products for the metaverse

The metaverse is in the early stages and will begin to mature by the end of the decade putting pressure on product vendors to innovate and co-exist side by side

Lab grown diamond Evermore flagship boutique

Region’s only ‘lab-grown diamond’ brand opens boutique in Dubai

Evermore’s boutique is now open in the new Deira gold souq extension in Dubai

Wizz Air restarts fligths to Moscow

Wizz Air Abu Dhabi offers 15% discount on select flights

The discount will be on selective flights to and from Abu Dhabi until December 14, for bookings made between October 6 and 7