Etihad

Etihad raises $1.2bn in aviation’s first sustainability-linked ESG loan

Loan terms tied to targets to reduce CO2 emissions, increase corporate governance and promote female participation

The US replaces China as world’s biggest Bitcoin miner

At the end of August, America accounted for 35.4 per cent of the global hash rate

Saqr - Fintech surge and United Arab Bank

The disruption of financial industry with challenger banks

In an interview with Gulf Business, Saqr Ereiqat, co-founder and managing partner of Riddermark and Ahmad Abu Eideh, CEO of United Arab Bank, share their insights from the industry

UAE reports 126 Covid-19 cases, 163 recoveries

The nationwide case count has risen to 738,152

Abu-Dhabi

New Dhs5bn Abu Dhabi IPO fund launched to support SMEs

The fund will invest in five to 10 private companies per year

GITEX Global: What’s new in 2021?

The region’s largest IT exhibition has been defining the newest trends, and displaying product developments from across the world for over 40 years

Mashreq NEO to become UAE’s first digital bank to use facial recognition for account opening

Mashreq NEO has collaborated with the UAE’s Ministry of Interior to introduce a face biometric-based digital account opening process

Sharjah

Sharjah private schools must return to 50% in-classroom learning before Oct 31

The Sharjah Private Education Authority will continue intensive inspections of the precautionary measures implemented in schools until October 31

Saudi mining plan gets $3bn EV boost from Australian firm

EV Metals is developing the battery chemicals processing facility with a view to supplying a potential automotive manufacturing cluster in the kingdom

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed approves Dhs290bn UAE general budget for 2022-2026

It includes a budget of Dhs58.931bn for 2022, of which 41.2 per cent will be allocated for the development and social benefits sector

GITEX Global: Interview with Mohammad Meraj Hoda, VP of business development – MEA, Ring

The awareness and demand for smart home security devices such as video doorbells and security cameras is growing across the region

Abu Dhabi Investment Office, AWS launch cloud training programme

SME-targeted programme will analyse skill gaps, deliver cloud strategy and provide access to digital training content, assessments and reporting

merger and acquisition

Forcepoint acquires Bitglass to strengthen its SASE platform

Over the past five years, Bitglass has delivered 99.99 per cent availability, ensuring users can securely access the resources they need to be productive

Accenture opens technology innovation showcase at Expo 2020 Dubai

Accenture Exchange provides visitors the opportunity to learn more about company’s technology solutions and its role in bringing the Expo to life

Frank Dai named new president of Huawei Cloud Middle East

The cloud division aims to provide the best public cloud services in the region including optimal latency and ultimate experience

emirates expo 2020 dubai

Emirates A380 to perform two low level flypasts over Dubai this week

The aircraft will fly over Sheikh Zayed Road and the Expo 2020 Dubai site

UAE chosen as the ‘top country to live in’ by Arab youth for 10th consecutive year

Nearly half of the young Arabs said they wanted to live in the UAE

UAE reports 136 Covid-19 cases, 174 recoveries

The total number of recorded cases has risen to 738,026

HPE and Alpha Data: Accelerating digital transformation

Oracle expands global cloud footprint

The company plans to have at least 44 cloud regions by the end of 2022

Dubai’s DP World ties up with CDC Group to create Africa investment platform

The platform will invest in origin and destination ports, inland container depots, economic zones and other logistics across Africa

Saudi Crown Prince launches National Investment Strategy

The strategy will contribute to the growth and diversification of the kingdom’s economy

Pension of UAE nationals working in Abu Dhabi public schools will increase to 80% of salary

Free peer-to-peer learning coding school, 42 Abu Dhabi, inaugurated in the UAE

42 Abu Dhabi has been established in partnership with Abu Dhabi Department of Education and Knowledge under the Ghadan 21 accelerator programme

Gold steadies as traders weigh elevated inflation, growth risks

Spot gold steadied at $1,755.18 an ounce at 9.40am in Singapore, after retreating 0.2 per cent on Monday

Oil holds above $80 with global power shortage boosting demand

Citigroup raised its fourth-quarter Brent forecast to $85 a barrel

The growth of startups in the MENA region

With the return of in-person events like Gitex Global and the Dubai Expo 2020, the startup ecosystem’s development and investment future looks quite promising

UAE_Q4_21_BPS_Premium_Intel_Consideration_Article_Post_1200x628

Here’s how the HP ProBook caters to small businesses in the UAE

The device can answer many of the small company owners’ concerns about using a work laptop

Qatar says rejoining OPEC would not fit with its strategy

Qatar decided to leave the cartel in late 2018

Saudi Arabia: EFG Hermes completes advisory on listing of ACWA Power

The listing is one of the largest offerings in the kingdom since Saudi Aramco’s IPO in 2019

UAE reports 124 Covid-19 cases, 182 recoveries

The total number of recorded cases has risen to 737,890

Biggest Saudi IPO since Aramco jumps 30% on trading debut

ACWA Power is now valued at $14.2bn, making it one of the biggest listed companies in Riyadh