Anghami volkswagen

Anghami, Volkswagen partner to promote safer driving

To ensure drivers remain safe while using the Anghami platform, the Auto Car Mode UI makes buttons bigger and clearer resulting in less distractions

Mastercard digital payments HyperPay

HyperPay, Mastercard partner to grow digital payment rails across MENA

The collaboration will offer advanced new technologies so businesses, governments and SMEs can move from cash-based payments to a seamless ecosystem

EFG Karim Awad

EFG Hermes Holding posts net profit of EGP345m in Q1 2022

EFG Hermes Holding’s sell-side revenues grew by 61 per cent y-o-y to EGP494m supported by revenues from the investment banking and brokerage divisions

Insurtech Turtlemint

Insurtech platform Turtlemint opens office in the UAE

Turtlemint’s expansion announcement is in line with the company’s recent $120m Series E fundraising

Chelsea

UK approves sale of Chelsea FC to US investor Todd Boehly

Boehly’s winning bid is backed by California-based private equity firm Clearlake Capital

e& NFT

UAE’s e& launches region’s first telco NFT collection

The telecom company aims to strengthen blockchain legacy in the Middle East by unlocking maximum metaverse potential

FOO Fintech

Fintech solution provider FOO expands operations into Saudi Arabia

FOO works with banks, fintech companies and retailers across the MENA region to provide digital products that enhance business models and customer experience

Museum of the Future

Sheikh Hamdan launches ‘Dubai Future Forum’

Sheikh Hamdan has announced that Dubai will host the Dubai Future Forum from October 10 to October 11, 2022 at the Museum of the Future

Sharjah waste to energy

Middle East’s first waste-to-energy plant opens in Sharjah

The Sharjah Waste to Energy plant will divert up to 300,000 tonnes of waste from landfills annually

First case of monkeypox detected in UAE

The first case was detected in a 29-year-old woman who arrived from West Africa

ADNOC

Abu Dhabi’s ADNOC, Masdar deepen partnership with BP

ADNOC, BP and Masdar also agreed to explore the production of sustainable aviation fuels in the UAE

Accor ADCB Raffles The Palm Dubai

Accor, ADCB partner to launch ALL-ADCB credit card in the UAE

The ALL-ADCB Infinite and Signature credit cards offer members benefits at over 30 Accor properties in the UAE

flydubai

UAE’s flydubai, Standard Chartered ink SLB deal for five Boeing aircraft

The deal was structured, financed and arranged exclusively by Standard Chartered

UAE Covid-19

UAE reports 317 Covid-19 cases, 323 recoveries

The nationwide case count has risen to 905,468

Tier Mobility Dubai Districts

Tier Mobility expands across 10 districts in Dubai

Al Khawaneej, Business Bay, Dubai Internet City, Dubai Marina Promenade, Greens, Jumeirah Beach Cycle Track, and Palm Jumeirah are among the new districts

Air Arabia Abu Dhabi

Air Arabia Abu Dhabi to begin flights to Baku

The thrice-weekly flights between Abu Dhabi and Baku will commence on June 28

Human-machine

Human-machine partnerships are key to the future of customer experience

From diagnosing diseases to understanding human preferences and providing new customer insights, the human-machine partnership is evolving

emirates woman website

Enhanced and engaging: Emirates Woman’s new website is now live

The new look of Emirates Woman’s website is in line with the rebrand of the print magazine which happened in February 2020

Airbnb is shutting China business to focus on outbound Asia travel

The San Francisco-based company will stop offering rental homes and experiences in the country this summer

Crypto Bridge Nomad drained of nearly $200m in exploit

Cybercriminals now target DeFi protocols for stealing cryptocurrency

New Chainaysis report also found that the illicit share of all cryptocurrency transaction volume at an all-time low, indicating positive progress as non-traditional finance technologies mature

Dr Raja Easa Al Gurg

Dr Raja Easa Al Gurg named new chairperson of ESAG

In addition to the new role, Dr Raja Easa Al Gurg will continue to hold the post of group managing director of Easa Saleh Al Gurg Group (ESAG)

Zoom

Zoom records revenue of $1.07bn in Q1 2023

The number of customers contributing more than $100,000 in trailing 12 months revenue increased 46 per cent year-over-year

Burjeel Holdings Dr Shamsheer

UAE’s VPS Healthcare launches Burjeel Holdings to support growth plans

Burjeel Holdings will operate nearly 60 assets across a range of brands, including Burjeel Hospitals, Medeor Hospital, Lifecare Hospital and Tajmeel

Ajman free zone

Ajman Free Zone, Zajel sign MoU to offer shipment services

The collaboration will allow the freezone’s business partners and customers to benefit from solutions provided by Zajel locally and internationally

Everdome Land

Everdome announces upcoming metaverse land auction date

Over the course of eight weeks, 12,000 plots of metaverse land will be offered for purchase within the Everdome ecosystem

Multi-access edge computing

Multi-access edge computing spend to reach $23bn globally by 2027 – research

Increased demand for on-premises machine learning and low-latency connection – provided by 5G technology to fuel this growth

Oil

Oil eases as investors focus on EU’s embargo impasse, gasoline

Oil markets remain in backwardation, a bullish pattern in which near-term prices trade above longer-dated ones

Saudi Arabia

Saudi Arabia to use oil windfall to boost private sector

Saudi Arabia’s posted a $15.3bn budget surplus in the first quarter

Aveva industrial

Aveva demonstrates data’s key role in sustainable industrial growth

Aveva PI World conference explores how information supports innovation across the industrial ecosystem by enabling the connected industrial economy

vaccines Fokion Sinis Sanofi

Insight: How immunisation plays a key role in disease prevention

The CDC estimates 21 million hospitalisations and 732,000 deaths will be avoided among children born over a 20-year period because of vaccines