G2 esports

First Bahrain-based female esports gamer joins G2 Esports team

Making her Tier 1 debut at just 16, Maryam has been showcasing her skills in online video games such as Fortnite since 2017

Borouge 4 construction to commence in Ruwais

Borouge 4 construction to commence in Ruwais, early phase underway

Upon completion, the new project will add an additional 1.4 million tonnes of polyethylene

Injazat Martin

UAE-based Injazat appoints Martin Yates as chief technology officer

Yates will oversee the company’s new phase of expansion with an increased focus on sustainability, cybersecurity, next-generation cloud and applications

BinDawood acquisition

BinDawood Holding to acquire stake in French influencer marketing agency

Ykone is an influencer marketing agency focused on travel, beauty, fashion and luxury brands

RTA and Cruise to operate two Chevrolet Bolt electric vehicles

RTA and Cruise to operate two Chevrolet Bolt electric vehicles

Dubai is set to become the first city outside the US to operate Cruise’s driverless vehicles by 2030

Dubai Higher Committee approves allocation of 2000 residential land plots

Dubai Higher Committee approves allocation of 2,000 residential land plots

The step comes as part of the Housing Programme for Dubai Citizens, to meet the requirements and needs of Emirati families

Facebook TikTok

Facebook changes users’ feeds to look more like TikTok

The main feed on Facebook will now be called ‘Home,’ and will be a place for people to discover new content

Paraguay

OPEC Fund signs off on $430m loan to Paraguay’s Banco Sudameris

Around 60 per cent of the loan will finance small and medium-sized enterprises, and the rest will support farmers and agribusinesses

AI

What if artificial intelligence ever becomes sentient?

Bloomberg Opinion columnist, Tyler Cowen explores the implications….

Emirates statement on operations at London Heathrow

UK-UAE travel: Emirates to start third flight to London Gatwick to meet demand

The third daily flight will help serve high demand from customers travelling to and from London this summer

Zeman Awwal MOE has launched a shop and drop service

Dubai’s Mall of the Emirates launches ‘Drop and Shop’ service at Zeman Awwal

The service is open from Monday to Sunday between 1pm–10pm

Dubai new decree passed amending property allotment law

Dubai issues decree regulating grant of title to industrial and commercial land

The decree is the latest in a series of laws that have been recently passed in Dubai in relation to property

Federal Tax Authority

UAE Federal Tax Authority conducts 9,948 inspection visits in H1 2022

Inspections conducted in the first half of 2022 increased by 104 per cent compared to 4,878 conducted in 2021

Dubai Racing Club to launch a one-of-a-kind NFT artwork collection

Dubai Racing Club to launch NFT artwork collection

The NFT digital artwork collection has three categories – Dubai Sprinters, Hall of Fame and DWC Runners

Dubai Chamber member exports and re-exports H12022

Dubai Chamber of Commerce: Member exports and re-exports exceed Dhs129bn in H1 2022

The chamber issued more than 357,000 certificates of origin between January and June 2022, marking a year-on-year increase of 9 per cent

Abu Dhabi records over AED 22.5 billion total of real estate transactions in first half of 2022

Abu Dhabi records real estate transactions worth Dhs22.5bn in H1 2022

The Department of Municipalities and Transport recorded 7,474 property transactions in the first six months of the year

Droupadi Murmu Indian President

Droupadi Murmu elected as 15th President of India

Hailing from a tribal community in the Indian state of Odisha, the former primary school teacher has served previously as the Governor of Jharkhand, a state in the eastern part of India

Dubai Health Authority Visa

Dubai Health Authority signs MoU with Visa

Visa will work in cooperation with its bank partners to provide cardholders with a set of exclusive discounts on medical services

Savills- retail destination trends 2022

Four global trends shaping the future of retail destinations: Savills

In the Middle East, there are already clear signs of retailer demand, with a shift away from purely franchises to brand-owned stores

10th Invesco study Investment outlook for 2022

Middle East sovereigns are looking at private markets in the face of rising inflation, reveals Invesco study

Key findings of the latest Invesco Global Sovereign Asset Management Study based on the views of 139 chief investment officers, heads of asset classes and senior portfolio strategists

Gold rate

Gold holds gain as traders weigh growth concerns, ECB rate hike

The European Central Bank (ECB) raised its key interest rate by 50 basis points, the first increase in 11 years, as it confronts surging inflation

G42 Healthcare, Oxford Nanopore sign agreement

Oxford Nanopore’s advanced sequencing technology offers a more in-depth understanding of the biology of humans, bacteria and viruses

Etihad becomes first airline to join AIA

Etihad joins Aviation Impact Accelerator to boost net zero aviation

The airline made the announcement during the Aerospace Global Forum at the Farnborough Airshow

Argentem CreekArgentem Creek sets up office in Abu Dhabi sets up offivce in Abu Dhabi

Argentem Creek to set up regional HQ in Abu Dhabi, partners with ADIO

The partnership, formed as part of ADIO’s Dhs2bn Innovation Programme, aims to increase investment opportunities in the region

CBUAE quarterly review

Total invested assets in insurance sector rise 5.4% to Dhs77.8bn in Q1 2022: CBUAE

The total number of insurance policies issued increased year-on-year by 10.4 per cent in Q1 2022 to 2.3 million

Alshaya

Alshaya Group’s CISO on what to do in case of a security breach

Patrick Pitchappa, director – Information Security and Risk at Alshaya Group recommends organisations to follow these steps

Wizz Air launches two new routes to Maldives and Kuwait

Wizz Air launches two new routes to Maldives and Kuwait

Fares will start from Dhs99 for Kuwait and Dhs319 for Maldives from October

Nigeria

Nigeria startup to expand electric vehicle use in African push

Metro Africa Xpress raised $31m last year to develop an EV market on the continent

Crypto Myths

Insights: It’s time to dispel these crypto myths and misconceptions

As with any new technology, some misconceptions remain over cryptocurrencies. Here are the three most common ones

UAE and Korea discuss cooperation in food security, health, technology

UAE and Korea discuss cooperation in food security, health, technology

Their discussion took place during the virtual ‘UAE-Korea Investment Business Forum’ organised by the Ministry of Economy