UAE to invest $2bn in India’s ‘food parks’

Why Abu Dhabi conglomerate Yas Holdings’ Elite Agro is focused on food for the future

With food security gaining increased focus during the pandemic, the UAE is focusing on the adoption of new technologies to yield greater results, say Elite Agro Division’s executive director and board member Dr Abdulmonem Almarzooqi and its CEO Ian Summerfield

Protection, not cure, is the key to fending off ransomware criminals

Runtime protection, where all runtime actions are monitored, is the optimal solution for protecting your business from cybercrime

Voices from the top: Raja Al Mazrouei, executive vice president, DIFC FinTech Hive

2022 will build on the roots of opportunities created in 2021

Gulf leaders stress need for joint security, approve establishment of GCC Railways Authority

The GCC Supreme Council also urged for the need to accelerate the establishment of a joint customs union and the GCC Common Market

Mubadala and AD Gaming collaborate to develop esports ecosystem in the UAE

The MoU sets a framework for both comapnies to explore routes for collaboration and action that will support the development of gaming

Nayef Bou Chaaya

Aveva appoints Nayef Bou Chaaya as VP sales and head of Middle East and Africa

Bou Chaaya joins from Schneider Electric, where he led process automation business development in the Middle East

AI chip

50% of the top 10 auto OEMs to design their own chips by 2025: Gartner

Automakers and Tier 1 suppliers desire greater control over their chip supply

UAE’s Mashreq partners with Turtlemint to offer bespoke insurance solutions

The new proposition will enable information transparency and empower Mashreq’s customers to make an informed choice while buying insurance products

Dubai Shopping Festival begins on December 15: Here’s what it features this year

The event – currently in its 27th edition – will run until January 30, 2022

Binance planning to tie up with Dubai for crypto activities – report

Dubai is reportedly being regarded as an option for the company’s global headquarters

Abu Dhabi’s ADNOC announces new oil and gas discoveries

The discoveries of up to 1 billion barrels of oil equivalent have been made at an exploration well in Onshore Block 4 concession

ADNOC’s AI venture signs deal with Beyond Limits

Companies sign Memorandum of Understanding to jointly boost innovation and AI commercialisation to support oil and gas organisations in the UAE

UAE salaries to increase by an average of 3% in 2022-report

Up to 74 per cent of the respondents also confirmed that they intend to pay out bonuses in 2022, with 46 per cent looking at offering one- two months’ gross salary

Dubai-based Tradeling appoints Harry Pappas as chief financial officer

Pappas joins Tradeling with over 20 years of experience in finance and accounting

oil-big7

Saudi Arabia warns traders against shorting oil prices

While oil has soared about 45 per cent this year, it slumped more than 10 per cent on November 26, the day after Thanksgiving

UAE’s new labour law to largely align public and private sector benefits

Under the new law, employees in both sectors will get similar leaves and end-of-service benefits

UAE Central Bank mulls emiratisation of some banking and insurance roles

The board also endorsed the criteria that govern banks’ loan exposure to the real estate sector

Lockheed Martin appoints new chief executive for Middle East

John W. Nicholson will take up the role based in Abu Dhabi

Saudi oil minister says global production could plunge 30% this decade

“We’re heading toward a phase that could be dangerous if there’s not enough spending on energy,” he said

UAE and Israel leaders discuss economic ties in historic trip

Health and food security “will constitute a major part of the mutual cooperation”

Dubai’s Danube Group chairman on Covid-19 recovery, 2022 plans

The UAE’s economy has received a strong boost from Expo 2020 Dubai and is on its way back to growth, states Danube Group founder and chairman Rizwan Sajan

Dubai’s real estate market: What should investors look at in 2022?

The combination of supply finally increasing in Dubai and short-term rentals also growing will ensure the market does not see a major crash

Abu Dhabi’s IHC approves merger of its real estate firm Al Tamouh with Al Qudra Holding

Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares

Here’s why the ASUS BR1100 is a credible proposition for students

Powering the ASUS BR1100 is an Intel Celeron N4500 processor, Intel UHD graphics, and improved battery mode that will provide a full charge in less than two hours

De Montfort University Dubai

UK’s De Montfort University opens its first international campus in Dubai

It will offer students a range of undergraduate and postgraduate courses including cybersecurity, fashion marketing and psychology

Saudi Arabia sees 2022 budget surplus, first in eight years

Officials expect the economy to expand 2.9 per cent this year and grow by a further 7.4 per cent in 2022

Carbon markets

Dubai reduces 33% of carbon emissions in 2020

Dubai aims to become a carbon-neutral economy by 2050

Israeli PM Naftali Bennett arrives in the UAE on historic visit

The trip marks the first official visit by an Israeli PM after the two countries established diplomatic ties last year

Here are the foundational elements of Middle East’s digital economy

As core infrastructure like 5G grows across the region, optimising ICT infrastructure with a focus on sustainability is critical to building a flourishing digital economy, says Steven Yi, president, Huawei Middle East

Healthy prospects: Why Emirati entrepreneur Mahmoud Bartawi is launching a new startup

UAE-based startup Mealzap is on a mission to reach all those embarking on the journey towards a healthier lifestyle, says its CEO and co-founder Mahmoud Bartawi