Real-time payments UAE

Beckoning a new dawn for real-time payments in the UAE

The UAE has one of the world’s highest smartphone penetration rates and a young population that live a substantial proportion of their lives in digital spaces

Bitcoin surpasses $41,000 as technical analysts predict bounce

Bitcoin has been largely stuck in a range of about $35,000 to $45,000 this year

real estate

Here’s how proptech is changing the real estate industry

Over the years, more complex technological tools have found their way into the real estate industry, changing the way properties are constructed, sold, and managed

IEA cuts oil demand forecast as China reimposes lockdowns

IEA members announced last week that they will deploy 240 million barrels from emergency reserves

customer-centric

Here are the six steps to a customer-centric culture

Employees at customer-centric organisations have higher work satisfaction and perform better, reveals study

gaming

What does the future of gaming hold?

Commercially and technically, the video games industry has always been ahead of the curve, driven by tech-savvy creators and early adopters

Ekar launches contactless peer-to-peer carshare in Saudi Arabia

The company’s digital peer-to-peer solution eliminates the requirement for the host and the renter to meet in person

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Worldwide PC shipments declined 7.3% in first quarter of 2022: Gartner

A steep drop in Chromebook shipments contributed to overall market decline

Mercury payments

Case study: How UAE’s Mercury Payments Services fast-tracked its cloud migration with Oracle

In an exclusive interview, Mercury Payments Services and Oracle explain how the latter’s cloud applications were implemented in a fortnight

UAE reports 237 Covid-19 cases, 486 recoveries

The nationwide case count has risen to 894,523

uae Adnoc

UAE’s ADNOC L&S to acquire two new-build LNG vessels built in China

Each vessel will have a capacity of 175,000 cubic metres – enough to power 45,000 homes for a year

Abu Dhabi invests in Egyptian firms to help shore up economy

Egypt’s central bank held a special policy meeting in March and hiked interest rates for the first time since 2017

Emirates launches platform to book bespoke Dubai, UAE itineraries

The carrier’s Dubai Experience platform is available in 19 countries

Interview: EFG Hermes’ Karim Awad shares the strategy driving the company’s success

The group CEO, chairman of the executive committee, and member of the board of EFG Hermes Holding, shares the company’s key milestones

FIFA launches free global streaming service

A total of over 40,000 matches will be broadcasted on the platform in 2022

Honda CEO bets $40bn to reach goal of going fully electric

Last month, Honda announced it’s joining forces with tech giant Sony Group to develop EVs that will go on sale starting in 2025

Oil edges lower as market tightness eases, pipeline restarts

Oil extends advance above $100 as Ukraine crisis continues

US crude output will grow at a slower pace than previously expected

Sharjah city skyline

Sharjah Chamber of Commerce and Industry reports rise in new companies in Q1 2022

The SCCI revealed an estimated 1,996 new companies joined the body, with 15,572 memberships being renewed

UAE’s flydubai restarts service to Taif, Saudi Arabia

With the Taif service restarting, flydubai’s network in Saudi has grown to seven destinations, including AlUla, Dammam, Jeddah, Madinah, Riyadh and Yanbu

UAE and US’ Mars missions to collaborate on science data analysis

The partnership will enable the sharing and collaborative analysis of data and observations made by EMM’s Hope Probe and NASA’s MAVEN

Crowdfunding platform Dubai Next attracts 398 contributors and approves 62 campaigns in less than a year

The platform is open to people of all nationalities

ADQ and Chimera Investments to launch UAE’s first SPAC on ADX

With the launch and listing of ADC, ADQ and Chimera aim to capitalise on ADX’s newly-issued SPAC regulations

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Dubai-based Tradeling partners with Hong-Kong’s electronics manufacturer Astrum

Tradeling will be the exclusive distributor of Astrum’s goods in the MENA region

UAE’s National Bonds’ investments rise by 36% to Dhs11.89bn in 2021

National Bonds reported an increase of 17 per cent and 9 per cent, respectively, in its women and junior saver segments’ investments in 2021

EFG Hermes completes advisory on $6.1 bn DEWA IPO

EFG Hermes has advised on other landmark listings such as ACWA Power’s offering on Tadawul and ADNOC Drilling’s milestone IPO on ADX

Dubai utility surges after pulling off year’s second-biggest IPO

The IPO valued DEWA at $33.8bn

OPEC tells EU that Russia oil crisis is beyond its control

Oil prices continue to trade near $100 a barrel

Sheikh Mohammed bin Rashid Al Maktoum

UAE Cabinet approves establishment of Council for Digital Economy

The UAE Digital Economy Strategy aims to double the contribution of the digital economy to the GDP from 9.7 per cent to 19.4 per cent within the next ten years

Mideast asset manager Investcorp seeks cash for blockchain fund

The eLydian Lion fund will be based in Abu Dhabi

Here’s why metaverse marketing is the industry’s future

Everdome, that is set to launch later this year, is expected to be the most hyper-realistic space across the entire metaverse landscape