Saudi Crown Prince plans emissions-free industry hub ‘floating’ on sea

The project, dubbed ‘Oxagon’, will feature a port and a logistics hub

Emirates Islamic lists another $500m sukuk on Nasdaq Dubai

The latest listing brings the bank’s current sukuk value on the exchange to $1bn

Five-year visas announced for employees of global companies based in Dubai

The directive was announced by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, on Tuesday

UAE to host the second edition of Cybertech Global in June 2022

At the press conference held on November 15 in Dubai, Dr Mohamed Al Kuwaiti, head of cybersecurity, UAE Government highlighted the region’s latest trends in the cybersecurity sector

Here’s how digital technologies will change energy storage

The energy sector has now truly entered the digital power era, says Charles Yang, SVP of Huawei and president of Global Marketing, Sales and Services at Huawei Digital Power

Abu Dhabi Islamic Bank appoints DIB banker as group CEO

Nasser Abdulla Al Awadhi previously served as the group chief of consumer banking at Dubai Islamic Bank

Abu Dhabi’s ADNOC announces $6bn investments to foster drilling growth

The investments are in the form of procurement awards to contractors

Hospitality

How to future-proof your hospitality business in a post-pandemic era

Hospitality businesses don’t have to reinvent the wheel, but they can convert their venues into profit centres

Zofeur

Dubai-based tech startup raises $500,000 in seed funding

The company was founded in July 2020 and now has over 50,000 users in Dubai alone is offering a unique pay per minute payment model

DubaiDubai Future District Fund

New Dhs1bn fund to support tech startups in Dubai

Sharif El-Badawi has been appointed as CEO of the Dubai Future District Fund

UAE Armed Forces signed Dhs11.28bn deals on day two of Dubai Airshow 2021

The total number of deals across the two days of the exhibition equalled 10

Beyond limits at ADIPEC

Beyond Limits shows how AI can support sustainability at ADIPEC

Recent studies found that high-performance AI frameworks powered by GPUs can improve profitability by over 13 per cent in oil field planning scenarios

Dubai’s Emirates bolsters cargo capacity with $1bn investment

Emirates SkyCargo operated more than 27,800 flights on its passenger freighters and mini-freighters in the one year period from March 2020

Saudi sees ‘no useful purpose’ in engaging with Lebanon

Saudi Arabia, the UAE, Kuwait and Bahrain have all recalled their diplomats from Lebanon

Saudia weighs bumper jetliner order to reach 250-strong fleet

The carrier is targeting a fleet of 250 aircraft by 2030

Emirates plans to deploy up to 60 A380s by year-end – Sheikh Ahmed

The company is planning to deploy more of the wide-body aircraft as demand hikes

OPEC+ will probably stick with oil-production strategy, says UAE

Crude has soared around 60 per cent to more than $80 a barrel this year

UAE reports 61 Covid-19 infections; nationwide case count crosses 741,000

The Covid-19-related death toll has risen to 2,144

Dubai tech firm StarLink unveils listing plan

StarLink provides cybersecurity and cloud services across the Middle East, Africa and Turkey

Dubai’s DXB handled 20.7 million passengers in the first 10 months of 2021

Its passenger volumes in the third quarter totalled 6.7 million

Here’s how technology plays a vital role in sustainability

Working across a diverse range of industries, Aveva ensures that its technological offerings are responsible and sustainable, says SVP, head of EMEA, Evgeny Fedotov

Cover story: President of Dubai’s Property Finder on why it aims to be more than just a real estate platform

Here’s how the former Facebook and Google executive, Ari Kesisoglu, is bringing that plan to life

Airbus gets mega-order for 255 jets led by Wizz, Frontier

The deal for Airbus’s larger A321 model is valued at more than $30bn before typical industry discounts

85% of job seekers in UAE feel their roles can be performed remotely – survey

Nearly 21 per cent of job applicants also said that they had relocated since the start of the Covid-19 pandemic

Emirates Gulf Air

Dubai’s Emirates and Bahrain’s Gulf Air unveil codeshare plans

The MoU was signed on the first day of the Dubai Airshow 2021

UAE’s Ministry of Industry and Advanced Technology launches Make it in the Emirates Lab

In collaboration with Procter and Gamble, Access SMEs programme provides essential training in operations, quality, supply chains, and tools for reaching global markets

Emirates fleet rethink could boost Airbus at Boeing’s expense

The carrier narrowed losses to $1.6bn in the first-half through September, with revenue up 81 per cent

Downtown Dubai

UAE’s Emaar Development reports net profit of Dhs2.38bn for first nine months of 2021

It reported its highest ever property sales of Dhs20.94bn over the same period

Dubai’s utility asks banks to pitch for multi-billion dollar IPO

DEWA reported net income of $1.3bn for 2019

data centre

Saudi Arabia’s STC continues Phase 3 of data centre project across the region

The programme will provide a full range of services and safety measures of assets across key cities such as Riyadh, Jeddah, and Dammam