Valu issues EGP922.3m worth of securitised bonds

EFG Holding’s Valu issues EGP922.3m worth of securitised bonds

The transaction marks the financial technology firm’s third issuance this year, and the sixth concluded in partnership with EFG Hermes to date

Nuha

Nuha: UAE’s first ChatGPT-powered virtual hospitality concierge unveiled

The artificial intelligence system, conceptualised and developed in-house, has made its debut at the Address Downtown Hotel in Dubai

Sharjah road closure

Sharjah authority announces partial closure of Maliha Road

The Sharjah road closure is being implemented due to maintenance work set to be carried out on the street

Winly

Online store Winly introduces an engaging spin on e-commerce

With every purchase made on the platform, customers receive a complimentary Prize Draw ticket

UAE’s top banks post $7.4bn in H1 2023 net profit

Top UAE banks’ combined H1 2023 profit hits $7.4bn

The country’s banks continue to stand on firm financial ground and are poised to navigate through the broader macroeconomic landscape

UNGA 78

UNGA: Sheikh Abdullah bin Zayed to lead UAE delegation at 78th session

This year’s gathering is expected to have more than 150 heads of state and government in attendance

Sultan AlNeyadi

Sultan AlNeyadi returns to the UAE

Dr Al Neyadi, who concluded his mission on September 4, spent six months in space, during which he conducted a range of significant experiments

RTA cycling tracks in Al Khawaneej and Mushrif 90% complete Image Dubai Media Office RTA

Dubai: Construction on these key cycling tracks 90% complete, says RTA

The project, part of RTA’s master plan for jogging and cycling tracks, aims to increase the length of cycling tracks in Dubai to 819 kilometres by 2026

ABu Dhabi Airports live test at Terminal A image courtesy WAM

Abu Dhabi Airports preps for Terminal A opening with largest live trial

Terminal A has the capability to handle 45 million passengers per year, and process 11,000 passengers per hour

UAE posts budget surplus in 2022, revenues up 31.8%

UAE posts budget surplus in 2022, revenues up 31.8%

State expenditures rose moderately in 2022, with an increase of Dhs24.7bn compared to a year earlier

LuLu Money Singapore launches Digit9 platform in UAE

LuLu Money Singapore launches cross-border payments platform in UAE

Digit9 can handle more than 300 transactions per second across a network of over 2,000 global partners

edtech - YaSchools

Edtech: Using technology to connect stakeholders

YaSchools started as a directory that hosted information of about schools but has evolved into a multi-service platform

Sobha Realty inks multi-year partnership deal with Arsenal

Sobha Realty signs multi-year partnership deal with Arsenal

The luxury real estate developer’s presence will be at all men’s and women’s domestic games played at Emirates Stadium

Digital Twins - sustainable solutions

A case study from Helsinki: Seeking sustainable solutions using digital twins

A data and technology-driven approach can enable the built environment’s decarbonisation mission

UAE HAINAN

UAE, China’s Hainan province sign private-sector agreements to enhance trade

The event convened business leaders, trade promotion agencies, and business associations from both the UAE and Hainan Province

Lunate at ADGM

Chimera launches Lunate, an alternative investment management firm with over $50bn in AUM

It has been structured to provide comprehensive multi-asset class investment solutions for a diverse clientele

The new Porsche Panamera is to debut in Nov in Dubai

New Panamera to debut at the Icons of Porsche festival in Dubai

Porsche is presenting the third generation of the four-door sports car at the festival in November in Dubai

Google

Antitrust trial: Why has the US Justice Dept sued Google?

The antitrust trial is a landmark case and centers on allegations that Google has engaged in monopolistic practices

Iphone 15 UAE

Apple’s iPhone 15 series pre-order begins in UAE

Apple unveiled its latest iPhone 15 series lineup on September 12, featuring a slew of upgrades

italy LNG supply

Qatargas rebrands to QatarEnergy LNG

The name change reflects QatarEnergy’s continued commitment to LNG as a critical source of energy for decades to come

Jeddah Tower

Jeddah Tower: Construction resumes on world’s tallest tower

It will be a mixed-use building featuring a luxury hotel, office space, serviced apartments, luxury condominiums and the world’s highest observatory

UAE ISRAEL BAHRAIN ABRAHAM ACCORDS Image courtesy: Getty Images

Abraham Accords: Marking the third anniversary of the historic agreement

Experts believe the third anniversary of the Abraham Accords is the most significant one yet

Microsoft

Microsoft, Oracle expand cloud partnership

The new offering, Oracle Database@Azure, will give customers direct access to Oracle database services running on OCI and deployed in Microsoft Azure data centres

Flynas to begin flights to Addis Ababa from Riyadh and Jeddah (Image: Supplied by flynas)

Flynas to begin flights to Addis Ababa from Riyadh and Jeddah

From next month, the carrier will operate services thrice a week from both Saudi cities to the Ethiopian capital

Nipah virus - bat

Nipah virus in Kerala: What we know so far

The zoonotic virus, transmitted between species from animals to humans, has already killed two people in Kerala this year

Abu Dhabi’s ADGM posts robust growth in H1 2023

Abu Dhabi’s ADGM posts robust growth in H1 2023

The financial hub said a total of 102 asset managers, comprising investment firms and hedge funds, have set up shop in the city

Apollo backs Mubadala Capital’s bespoke investments

Apollo backs Mubadala Capital’s bespoke investments

The asset manager is seeding the first strategy within its Mubadala Capital Solutions unit with $2.7bn from its balance sheet

emirates and maldivian partnership Image Emirates

Now fly to 16 new islands in Maldives via Emirates’ latest partnership

Emirates operates 28 flights a week and four flights a day between Dubai and the Maldives

WhatsApp Channels Global Launch_Image Meta

WhatsApp Channels sees global rollout, includes UAE and Saudi Arabia

Channels is a one-way broadcast feature that allows admins to send text, photos, videos, stickers, and polls to their followers

Sultan AlNeyadi

Sultan AlNeyadi to return to the UAE on September 18: MBRSC

The UAE astronaut will return home after successfully completing his debrief and recovery programme in the US