Meta

Meta starts rolling out generative AI tools for all advertisers

The tools will be available in Meta’s Ads Manager and their rollout will be completed next year

AMAZON KUIPER NETWORK

Amazon launches first test satellites for Kuiper internet network

Amazon has vowed to invest $10bn into its Kuiper project, which was announced in 2019

Exxon mobil

Exxon Mobil’s megadeal in Permian Basin to test climate-aware shareholders

The deal puts focus on the Permian and signals Exxon is sticking to its fundamental business

Botim hits Dhs1.3bn transactions in 4 months

Astra Tech’s Botim exceeds Dhs1.3bn transactions in 4 months

PayBy has witnessed a 75 per cent increase in the number of transactions quarter-on-quarter across its fintech offerings

Jisr closes $30m investment round led by Merak Capital

Saudi Jisr successfully closes $30m investment round by Merak Capital

Jisr, founded in 2016, caters to 16 sectors and operates from its offices in Riyadh and Hadhramaut

Al Ansari approves Dhs350m interim dividend

Al Ansari’s board recommends Dhs300m interim dividend

The proposed dividend payout is in line with the company’s previously announced dividend policy of distributing Dhs600m

DUBAI REAL MADRID

Dubai is Real Madrid’s destination partner in landmark global deal

The multi-year agreement promises a range of exciting activations, special fan moments and unique experiences for Dubai and Real Madrid fans

SNB and Mastercard launch UEFA Champions League cards

Saudi National Bank, Mastercard launch UEFA Champions League cards

The cards, the first of their kind in the kingdom, include a cashback credit card and prepaid card without annual fees

Egypt inflation

Egypt banks suspend debit card use in foreign currency

Banks in recent months have been tightening the amount of foreign currency clients can use in Egypt and on how much can they can charge to their credit cards while abroad

Michelin Key

Michelin Guide to rank hotels starting 2024 with Michelin Key

In the spirit of the Michelin Star, the Michelin Key will recognise the most exceptional hotels throughout the world

AL WASL PLAZA

Expo City’s Al Wasl Plaza enters Guinness World Records: Watch incredible video

It has been the backdrop for stunning visual effects and hosted renowned performances

TUS Airways begins flights to DXB (Image: Supplied by TUS Airways)

TUS Airways begins flights to DXB

The carrier will operate twice-weekly flights between Larnaca and Dubai

UAE-INDIA TRADE TALKS

UAE, India sign MoU to develop domestic card scheme during high-level trade talks

The two countries signed multiple agreements during the trade meet which include digital payment systems, food security, and startups

ADNOC awards multibillion gas expansion contracts

UAE’s ADNOC awards multibillion gas expansion contracts

The company is increasing gas production as consumers around the world look to switch from crude and coal toward cleaner burning fuel

UAE unveils first wind power plants ahead of COP28

UAE inaugurates first wind power plants ahead of COP28

The clean energy project is expected to power more than 23,000 homes a year and displace 120,000 tonnes of carbon dioxide

ADNOC Distribution to use biofuel for its UAE vehicle fleet

ADNOC Distribution to use biofuel to power its UAE vehicle fleet

The company’s fleet plays a crucial role in supplying fuels and liquefied petroleum gas to corporate customers

Maersk

Global air cargo demand up 1.5% in Aug, first annual growth since 2022: IATA

Air cargo capacity, measured in available cargo tonne-kilometers (ACTKs), was up 12.2 per cent compared to August 2022

Instagram

Meta’s Instagram, Facebook to charge EU users for ad-free service: Report

The proposal is an attempt by Meta to comply with European Union regulations that threaten to curb its ability to personalise ads for users

Dubai Shopping Festival

Dubai Shopping Festival 2023-2024 dates announced: Sales, fireworks and more

The festival will be held from December 8 to January 14 across the emirate

Saudi’s flynas acquires five additional A320 neo aircraft (Image: Supplied by flynas)

Saudi’s flynas acquires five additional A320 neo aircraft

It has received a total of 11 A320 neo aircraft this year, with eight more expected to arrive before the end of 2023

DAMAC CASA

DAMAC Casa to come up in Al Sufouh: Island living at the heart of Dubai

Located in the Al Sufouh area with Dubai’s iconic Palm as its backdrop, the tower aims to bring the serenity of island living in its design

Dubai launches family business management programme

Dubai launches family business management programme

The programme seeks to empower and develop management skills among family business leaders

Taaleem’s full-year net profit surges by 41.5%

Dubai’s Taaleem records Dhs117.3m in full-year profit

The school operator added 28,490 new students for the 2022/23 academic year, a 35.9 per cent year-on-year increase in enrolments

Saudi Arabia launches bid to host FIFA World Cup 2034

Saudi Arabia launches bid to host FIFA World Cup 2034

The kingdom has qualified for the iconic tournament on six occasions since 1994 – most recently in 2022

2030 FIFA WORLD CUP COHOST MOROCCO

Morocco named 2030 FIFA World Cup co-host along with Spain, Portugal

Morocco will become only the second African country to host the World Cup after South Africa hosted it in 2010

Android 14 is now available for Pixel phones

Google releases Android 14, available for Pixel phones

The OS is now available on Pixel phones, with phones from manufacturers including Samsung, Nothing, OnePlus, and more supporting it later this year

oil production cuts

OPEC+ panel holds oil policy steady as Saudi Arabia, Russia keep cuts

Saudi Arabia, Russia will continue with their respective production cuts in a bid to “balance the global oil market”

UAE Cyber Security Council issues alert Google Chrome users asked to update software Image Getty Images

UAE Cyber Security Council issues important alert, Google Chrome users asked to install update

The authority said that an urgent security vulnerability has been detected in Google Chrome on October 3

chennai airport

Chennai Airport suffers technical glitch, several international flights affected

International services to destinations including Colombo, Dubai and Bangkok suffered delays

Here’s how MoneyGram is fostering growth strategy after privatisation

Exclusive: Alex Holmes on MoneyGram’s transformation and growth journey

The global CEO and chairman explains how the company has emerged as an industry-leading digital remittance firm providing an expansive set of offerings