Data and Analytics

Alteryx survey highlights the great data disconnect in the region

Despite data workers, specifically in the UAE and Saudi Arabia, possessing advanced and valuable data skills, businesses are failing to take advantage of this untapped resource

How Dubai’s resilient property market is beckoning international interest

The emirate’s residential market is seeing growing interest from international investors due to its robust fundamentals

Dubai ranks first in international tourist spending, unveils WTTC

Dubai increases capacity at hotels, restaurants and cinemas, eases timings for events

Restaurants, cafes, clubs and bars are also now permitted to operate at 80 per cent capacity

Cinépolis Cinemas Muscat Oman

Cinépolis opens GCC’s first Luxury Cinemas concept in Muscat

It is located at the Oman Avenues Mall in Muscat

Winners of Property Finder Awards on the way ahead

The seventh edition of the awards honoured top brokerages in the UAE, who raised the industry standards despite the challenging circumstances

Kuwait names Al-Ghunaiman to head $700bn wealth fund

Al-Ghunaiman replaces Farouk Bastaki, who helped to propel the Kuwait Investment Authority to rank among the world’s biggest wealth funds

How protected is your business from cyber attacks

The increase in global data protection laws and the awareness of individual data protection rights are giving rise to new business challenges

Explainer: Are physical events making a comeback in the GCC?

Events that are the leaders in their sector will probably recover quicker as customers will reduce the number of exhibitions they attend, opines Andy White, senior vice president, dmg events

Airlines see grounds for optimism over long-haul rebound

Growing optimism about a long-haul revival comes with shorter flights already on the road to recovery

IEA cuts oil demand outlook for rest of 2021 due to Covid-19

Oil prices have retreated 6 per cent this month as the contagious delta variant triggers renewed lockdowns in China and other key Asian consumers

Gold holds biggest gain in three months

The global economic recovery has piled pressure on bullion this year

Pics: Work continues on SeaWorld Abu Dhabi, marine park on track for completion in 2022

Once complete, the park is set to be home to the world’s largest marine-life aquarium

Dubai developer Emaar’s property sales surge as market recovers

Property sales surged to Dhs9.73bn in the second quarter, growing seven times over the year-ago period

Emirates Dubai

Dubai’s Emirates ramps up network to adapt to looser travel restrictions

The airline is restoring capacity on 29 routes including to cities in the UK, US and Africa

Etisalat to support 2G switch off by 2022

The 2G network switchoff is aimed at keeping pace with the rapid and continuous developments of the telecommunications sector

UAE’s NMC Healthcare announces launch of administration exit process

Gross revenues for the NMC’s UAE and Oman business for H1 2021 stood at $611m

UAE reports 1,287 Covid-19 cases, 6 deaths

The nationwide case count has now risen to 696,906

cyber attacks

Web application exploits – ‘biggest cybersecurity risk’: Report

The report also finds that 57% of all known losses for the largest web app incidents over the last five years were attributed to state-affiliated threat actors

Cybercriminals narrow their focus on SMBs: Acronis Report

Despite the perception they are too small to target, SMBs are increasingly vulnerable due to supply-chain attacks and greater use of automation by ransomware groups

How Dubai’s luxury property segment is defying all odds

The emirate’s luxury property segment is booming, with price no criteria for the right residence

Esports Valorant

Strike Arabia Championship, region’s first Valorant competition launched

The competition will see local teams qualify for Europe’s last chance qualifier mega event

Dubai airport receives 10.6 million passengers in H1, anticipates ‘robust growth’ ahead

DXB is expecting to handle more than a million passengers between August 12-22

Saudi Arabia Riyadh

Saudi Arabia issues highest-ever number of foreign investor licences in a single quarter

It issued 478 licenses in Q1 2021, a 36 per cent increase over the corresponding period last year

Bitcoin roars back, putting $100,000 predictions in vogue again

The world’s largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows

How technology can play a crucial role in mitigating financial crimes

While financial crimes may be complex and difficult to track, the Effiya Compliance suite ensures that risk assessment is conducted seamlessly, asserts Abhishek Gupta, managing director at Effiya Technologies

Dubai Emaar Malls - parking

Dubai’s Emaar Malls reports profits of Dhs622m in H1 2021, up 80%

Revenue for H1 2021 amounted to Dhs2.048bn, up 23 per cent year-on-year

Etihad trims first-half loss with cost cuts as travel returns

Etihad said it carried 1 million passengers in the first half of the year

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi to begin flights to Bahrain

It will operate thrice weekly services starting September 9

Oppo

OPPO unveils under-screen camera technology

The company has been working on USC technology since 2018

Egypt

HPE launches sales centre of excellence in Egypt

Demand for secure connection, remote work solutions, data analytics capabilities, and as-a-service solutions will be met by the sales hub