ENOC, Emirates NBD collaborate for payment solutions

Emirates NBD enables H2H digital payment solutions for ENOC Group

The H2H implementation has facilitated the automation of treasury cycles and reconciliation processes through scheduled transmissions

UAE-based technology firms Tahaluf Al Emarat, CPX Holding sign MoU

The partnership aims to provide secure, reliable IT solutions and advisory services to enterprises and government entities

Gold steadies after sinking to two-year low as rate hike looms

Bullion had been hovering above $1,700 an ounce for most of September

Citi Saudi Arabia CEO Wassim Al Khatib resigns just a year after joining bank

The bank appointed Al Khatib as its CEO in the kingdom in 2021

Agthia Group

UAE’s Agthia Group announces interim cash dividend of Dhs65.31m for H1 2022

Its group net profit reached Dhs118m for the first half of the year, rising 74 per cent year-on-year

UAE ranks first in MENA region,11th globally for quality infrastructure for sustainable development

UAE ranks first in MENA region for quality infrastructure for sustainable development

The UN-backed Index revealed that the UAE ranked 11th globally ahead of countries such as Portugal, Singapore, Finland, Denmark and Belgium

Silicon Central

Line Investments & Property confirms retail leasing deals for over 80% of Silicon Central

With a gross leasable area of 81,500 square metres and 3,500 car park spaces, the mall will offer shoppers a broad mix of popular brands

NEOM_Beach games 2022

NEOM Beach Games 2022 to start in October

The series of major sports events will include five dynamic sports such as kitesurfing, triathlon, 3×3 basketball, beach soccer and mountain biking

e& signs multi-year strategic collaboration with Formula 1 Etihad Airways Abu Dhabi Grand Prix

The company will work closely with Abu Dhabi Motorsports Management and Formula 1 to drive consumer engagement with digital experiences

Ras Al Khaimah joins UNESCO GNLC

Ras Al Khaimah joins UNESCO Global Network of Learning Cities

The membership was awarded due to Ras Al Khaimah’s focus on improving emirate-wide education outcomes, expanding its use of modern technologies in the learning process and empowering communities

Air-Arabia-Abu-Dhabi

Air Arabia Abu Dhabi introduces new direct flight to Kuwait

The new direct flights from Abu Dhabi to Kuwait will start from October 31

Fugro

Geo-data solutions provider Fugro expands its presence in the Middle East

The facility will host a remote operations centre expanding the company’s remote and autonomous capabilities, transforming the maritime sector

Signature Villa Framed Allure_1

Exclusive Signature villa on Palm Jumeirah sells for Dhs128m

The villa has an enclosed area of over 19,240 square feet and is designed by internationally renowned, award-winning architect Emre Arolat

midday work ban

UAE’s midday work ban ends on September 15

The midday work break, which came into effect on June 15, continued for 92 days

Ethereum

Ethereum completes long-awaited energy-saving ‘Merge’ upgrade

Ether surged more than fivefold in 2021, outperforming Bitcoin by a wide margin, in part on optimism over the Merge

Omnix

Omnix launches center of excellence to support businesses in their digital journeys

The center of excellence is designed to provide a centralised and coherent view of the users’ network, security and operations challenges

UAE israel education

Sheikh Abdullah bin Zayed arrives in Tel Aviv on Abraham Accords’ second anniversary

Besides the UAE foreign minister’s latest visit, we take stock of the key developments and events since the signing of the historic accords

DMCC

Dubai’s DMCC records twofold rise in Chinese companies over last five years

DMCC is home to 703 Chinese companies, constituting nearly 12 per cent of the total number across the UAE

Hands-on review: Huawei MatePad Pro

The Huawei MatePad Pro is designed for professionals, students and content creators, to be a smart office tool that is efficient, convenient and easy to use

Samsung emissions

Samsung to invest $5bn under plan to tame rising emissions

South Korea’s biggest company also aims to switch overseas factories entirely to renewable electricity within five years

Dubai’s Emirates, United ink agreement to expand market presence, enhance networks

United will launch a new direct flight between Newark and Dubai, starting March 2023

Paddy-Padmanathan-ACWA

ACWA Power names China’s Silk Road Fund as co-investor in $1bn project in Uzbekistan

ACWA Power owns 51 per cent of the 5 GW Sirdarya combined cycle gas turbine facility, with Silk Road Fund obtaining a 49 per cent stake

Digital Vat-refund scheme launched in UAE_ Photo courtesy WAM

UAE’s Federal Tax Authority, Planet Tax Free launch digital VAT-refund scheme for tourists

The 100 per cent paperless process is expected to save more than 16,800 trees per year and more than 4,000 tonnes of carbon dioxide emissions

Teledyne FLIR gives travelers a safe crossing

Teledyne FLIR installs AID camera technology at 1915 Çanakkale Bridge in Turkey

The camera can reliably detect collisions, stopped vehicles, wrong-way drivers and pedestrians in challenging lighting and weather conditions

stc_SDAIA_MoU

Saudi Data and AI Authority, stc to develop digital technologies, AI solutions

The organisations intend to localise digital solutions and exchange experiences and knowledge in the field of data management and governance

IEA trims oil demand estimates as lockdowns deepen China slide

Crude futures have tumbled almost 25 per cent over the past three months

Investopia SALT MoU

UAE’s Investopia and Salt announce new strategic partnership to stage event

Salt and Investopia will work together to organise a prestigious, invitation-only conference featuring the world’s leading investors, entrepreneurs and policy experts

Huawei

How Huawei is committed to creating value for its customers

Huawei’s divisions are setting the pace for the company’s growth in the coming months

You can now detect over 70 types of cancer with one blood test

You can now detect over 70 types of cancer with one blood test

LifeGen partners with Datar Genetics to diagnose late cancer through the use of Trucheck blood test

Google Cloud

Google Cloud inks sustainability agreement with Saudi government authorities

Google Cloud with SDAIA, MEWA and Climate Engine will launch the Earth Observation and Science Programme which will help address environmental, water and agricultural challenges