How Abu Dhabi is offering an expansive portfolio of affordable communities

The emirate’s sustainable communities come with high projected rental yields

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Data scientists reveal roadblocks to digital transformation

SAS research also identifies strategies to capitalise on this pivotal moment and empower data scientists and organisations

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Help AG, Waterfall Security Solutions partner to strengthen industrial cybersecurity in the UAE

Help AG’s industrial clients will benefit from Waterfall’s unidirectional security gateways to tackle the security challenges involved in IT-OT convergence

Dubai’s DEWA increases stake size from 6.5% to 17% in IPO

DEWA is expected to list on the Dubai Financial Market on or around April 12, 2022

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Dubai imported 7.9 million tonnes of food in 2021

It included 286,673 food shipments and over 1.7 million food products

Artificial intelligence will add $10tn to global economy in next decade – IBM CEO

Greater adoption of AI in the UAE could also add up to $200bn in productivity gains by 2030

OPEC says it’s stabilised oil market

The Organization of Petroleum Exporting Countries and its partners have resisted calls to raise output faster

Dubai leads MENA region on Global Power City Index 2022

Crypto.com, Bybit announce plans to set up operations in Dubai

Bybit will move its global headquarters to the emirate, with operations starting as early as next month

Apple’s Chart-Topping Run Gets a Boost From Retail Investors

Apple shares set for the longest winning streak since 2003

Shares in the world’s largest company rose 0.2 per cent premarket on Tuesday

SAFCSP and Spire Solutions ink partnership for capacity building in Saudi Arabia

The partnership aims to support Saudi youth by providing a series of short courses on some of the latest cybersecurity technologies

Six steps for businesses to become data-driven

It is essential to eliminate the instilled idea that data has a place with only one specified group

UAE reports 301 Covid-19 cases, 873 recoveries

The nationwide case count has risen to 890,699

Why a ‘people first’ approach in banking is key to greater customer retention

Financial institutions that continue along the traditional banking path will be left behind by an ever-evolving industry

Saudi Arabia’s FDI hit decade-high last year on Aramco deal

Foreign direct investment in 2021 totalled $19.3bn, the most since 2010

ADX, FTSE Russell benchmark blue chip index to launch on March 30

The FTSE ADX 15 Index will include 15 of the largest and most liquid companies listed on the Abu Dhabi Securities Exchange

Abu Dhabi Global Market

World’s first regulated carbon credit trading exchange to launch in UAE

Corporates will be able to trade and finance carbon credits like conventional financial assets

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HP buys Poly in $3.3bn remote-work gear deal

HP aims to tap a growing need for technology that connects remote workers to office staff

Bitcoin’s stealth rally has bulls eyeing $51,000 once again

The coin has added 15 per cent over the past week

Oman

Oman to allow full foreign ownership in listed companies

Muscat Clearing and Depository finalised measures to open up the market

UAE’s VPS Healthcare eyes expansion in Saudi Arabia, Africa and India

VPS Healthcare is expanding into medical education, partnering with the Cumming School of Medicine UC to offer a medical degree programme in the UAE

OPEC+ still sees no need to change plan despite Ukraine crisis

Brent futures briefly surged to a 13-year peak near $139 a barrel earlier this month

Lapsus$, Microsoft and Okta: Cybergeddon or cyber non-events?

The business typically seeks efficiency while those who worry about availability need redundancy

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UAE-based travel tech provider migrates to Oracle Cloud

Information Systems Associates gains access to OCI’s elasticity and scalability to manage a seasonal travel reservation workload

Smart mobility company Barq EV launches in the UAE

Barq also signed two MoUs, the first with the restaurant and food group Americana and the second with specialised automobile equipment global manufacturer Motherson

Saudi’s Alpha Pharma and SAP sign deal for digital transformation partnership

SAP’s suite of solutions to deliver initial steps into wider digitalisation strategy

UAE reports 287 Covid-19 cases, 815 recoveries

The nationwide case count has risen to 890,398

Zero trust: A vital component in the strengthening of hybrid-work capabilities

A zero trust defensive strategy aims to make the organisation’s network software-defined, boost resilience and flexibility, and combat modern-day threats

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Dubai’s Emirates announces revised schedule for flights to India from April 1

The airline will revert to its pre-pandemic frequency, operating 170 weekly flights to nine cities in the country

Saudi wealth fund may make major investment in building firms

Talks between Public Investment Fund and the four contractors are at an early stage

E-commerce

Saudi grocer BinDawood buys majority stake in online developer

The deal is expected to close in the second half of the year