Dubai Multi Commodities Centre Authority

Dubai Multi Commodities Centre achieves record growth

More than 8,347 new companies joined DMCC between 2018 to 2021, with 2,485 companies joining DMCC last year

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Kuwait Gulf Oil Company implements Oracle cloud applications to drive business growth

More than 60 core business processes automated to enhance efficiency, drive business continuity and enable seamless remote working

UAE reports 2,562 Covid-19 cases, 860 recoveries

The nationwide case count has risen to 788,187

Brazil UAE

The role of SMEs in boosting the trade relationship between Brazil and the UAE

Small businesses account for 99 per cent of all enterprises in Brazil and 95 per cent of private sector companies in the UAE

Zayed University

Abu Dhabi’s Zayed University signs MoU with Injazat for student-led edtech projects

The collaboration will enable students to research and evaluate the use of AI in diagnosing learning difficulties among other areas

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Dubai-based Shelf Drilling selects Riverbed | Aternity to accelerate business critical applications

Shelf Drilling operates 30 rigs across eight countries and has 12 onshore locations, with approximately 3,000 employees and contractors

Abu Dhabi Securities Exchange partners with FTSE Russell to create new benchmark indices

The FTSE ADX General Index will replace the ADX General Index, as of January 10

UAE retailer GMG to open more than 100 stores in Egypt by 2026

Sun & Sand Sports, a GMG brand and the Middle East’s sports retailer, is already slated to open at the City Centre Almaza as well as Mall of Egypt

Oil rides into 2022 on bullish wave as demand fears fade

Movements in the price of oil are felt more keenly and quickly than any other commodity

Dubai taxi

Dubai Taxi to add 2,219 vehicles to fleet, including 1,775 hybrids

The total number of hybrids operated by Dubai Taxi will rise to 4,105, accounting for 71 per cent of its entire fleet

Covid cases August 10

Sinopharm says new protein booster works better against Omicron

The vaccine, which contains parts of the virus’ spike protein, is found to be seven times more potent in stimulating protective antibodies against omicron

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed issues decrees regulating Dubai Chambers

The legislations include a decree establishing Dubai Chambers as a new entity that replaces the Dubai Chamber of Commerce & Industry

The business ‘control tower’ – how to make the right moves in 2022

Businesses, with their control tower, will be better equipped to evaluate this new world

Power Letters 2022: Colm McLoughlin, executive vice chairman and CEO, Dubai Duty Free

Dubai International Airport is forecasting around 56 million passengers and we expect our revenue to continue to grow in line with that

economy

Central Banks can shape the future of digital finance

CBDCs could serve a purpose that ordinary cash can’t, by creating a new channel for monetary policy

Hisham Khalid Tawfiq Abdulkhaliq

ADQ appoints new chairman of Abu Dhabi Securities Exchange

Hisham Khalid Tawfiq Abdulkhaliq Malak also serves as the undersecretary of the Department of Finance

UAE reports 2,627 Covid-19 cases, 930 recoveries

The nationwide case count has risen to 780,211

Food costs dip from near record, offering some inflation respite

The fall in food prices prices last month was mainly driven by vegetable oils and sugar

UAE economy forecasted to grow 4.2% in 2022

The growth in the oil sector’s gross domestic product is set to be at 5 per cent this year

Dana gas

Dana Gas reports 2021 collections from Egypt and Kurdistan of $377m

It marked a 107 per cent year-on-year rise over the $182m it received in 2020

Saudi Arabia cuts oil prices for Asia buyers as OPEC adds supply

On Tuesday OPEC+ decided to increase production in February by 400,000 barrels a day

Aljada Discovery Centre Arada

Sharjah’s Arada posts 38% rise in sales in 2021 to Dhs2.41bn

Arada sold 2,488 homes last year, 6 per cent more than the year before

abu DHabi

UAE’s Mubadala-backed Reef and Americana partner to open cloud kitchens across MENA

The cloud kitchens will operate Reef, Americana and third-party brands as well throughout the Middle East and North Africa

Manchester City announces global partnership with Abu Dhabi’s Masdar

Masdar is focused on developing renewable energy projects across the Middle East and North Africa and broader international markets

Acronis appoints Michael Callahan as chief marketing officer

With more than 20 years of security marketing experience, Callahan will focus on extending Acronis’ industry leadership in cyber protection

UAE reports 2,687 Covid-19 cases, 902 recoveries

The nationwide case count stands at 777,584

Asus unveils new Zenbook lineup for 2022

The highlights of the comprehensive 2022 lineup include the Zenbook 17 Fold OLED and the Zenbook 14X OLED space edition

Sony explores selling EVs, joining tech rush into red-hot arena

Sony is a leader in making sensors for autonomous and self-aware vehicles

Dubai’s Emirates named the world’s safest airline

The Middle Eastern airline came out on top in a study of 25 airlines conducted by the Hamburg-based Jet Airliner Crash Data Evaluation Centre

Covid-19: Schools in Dubai can move to distance learning for 48 hours without prior approval – KHDA

The education regulator has said that all students above the age of six, and all adults at school, must continue to wear masks properly