Microsoft and G42 to offer joint sovereign cloud and AI offerings Image Microsoft

G42, Microsoft alliance expands to include joint sovereign cloud and AI offering

This announcement marks the first significant outcome since G42 and Microsoft announced their intention to partner earlier this year, in April

Dimitris Gerogiannis of Aegean and Adnan Kazim Emirates CCO announce codeshare extension Image Emirates

Aviation: Emirates, AEGEAN extend codeshare partnership

Through the partnership, AEGEAN offers flights to 17 domestic destinations and 53 additional points in regional Europe and the Middle East from Athens

oil price

Saudi Arabia, Russia extend oil cuts until December, crude jumps to highest level in 2023

Oil prices rose above $90 a barrel for the first time in 2023 on the back of the announcements made by Saudi Arabia and Russia

Facebook News

Meta to remove Facebook News from UK, Germany, and France

Facebook News, a dedicated tab on Facebook’s platform spotlighting news content, is set to be phased out in early December

APICORP’s half-year net profit surges by 87

APICORP posts $108.7m in half-year net profit

The corporate banking portfolio grew by 5 per cent YoY to $4.3bn while its net interest income rose by 10 per cent to $45.9m

united emirates expand codeshare partnership image Emirates

United, Emirates expand codeshare network; add 8 new Mexican cities

Mexico is the first country outside of the US to be included in Emirates’ codeshare network with United

United Airlines

United Airlines grounds flight due to technical glitch, hundreds of flights impacted

The ground stop while lasting just over an hour, delayed hundreds of United Airlines flights

Red Sea - Al Ula

Red Sea Global partners with Al Ula to drive Saudi Arabian tourism sector

The agreement will help responsible development of the destinations and fulfill both their roles as cornerstones of Saudi Arabia’s Vision 2030

RTA premium plates auction nets 49.7m Image RTA

RTA’s open auction for premium number plates nets Dhs49.7m; see plates that fetched the most

The recent auction’s proceeds reflected an increase of 30 per cent compared to the first open auction that took place this year which raised Dhs38.21m

Bybit TradeGPT

Bybit’s TradeGPT to offer AI-powered trading assistant

The platform can offer market strategies in terms of percentage chance and also recommend the right products

Israel bahrain talks

Israel opens new embassy in Bahrain to boost economic, cultural ties

The Israeli foreign minister’s visit to Bahrain coincides with the third anniversary of the establishment of diplomatic relations between the two countries

Huawei opens cloud data centre in Riyadh

Huawei Technologies opens cloud data centre in Riyadh

The data centre will store data locally in line with Saudi Arabia’s data regulations

Flynas launches new operations base at Madinah airport (Image: Supplied by flynas)

Flynas launches new operations base at Madinah airport

The low-cost carrier now has four bases across Saudi Arabia

Astra Tech ant group to collaborate on one of a kind digital payments solution Image Supplied

UAE: Astra Tech, Ant Group to launch digital payments solution aimed at tourists, visitors

The solution will help 1.4 billion wallet users conduct transactions seamlessly, directly from their home e-wallets while visiting the UAE without currency conversions

Mubadala Capital and Petrobas sign Mou on biofuel project Image WAM

Mubadala Capital, Petrobras to collaborate on biofuel project in Brazil

Petrobras is looking at investing in a biofuel project currently being developed by Mubadala Capital in the State of Bahia, Brazil

Dubai property transactions value grew 43% YoY in August

Dubai property transactions value grew 43% YoY in August

The city recorded 11,818 real estate transactions last month, a 25 per cent increase in volume compared to 9,450 transactions in August 2022.

Emirates NBD makes strategic investment in Komgo Image Dubai Media Office

Emirates NBD makes equity investment in trade finance platform Komgo

The strategic investment in Komgo was made through Emirates NBD’s Innovation Fund, which was set up earlier this year

UAE investments in space sector surpass Dhs22bn

UAE investments in space sector surpass Dhs22bn

The country has emerged as a regional hub for space services, events, and specialised educational programmes in the space domain

ALNeyadi space experiments Image courtesy WAM

AlNeyadi conducted over 200 research experiments on ISS. Here are some highlights

The experiments covered topics including the cardiovascular system, epigenetics, plant biology, human life sciences, material science, sleep analysis and advanced exploration technologies

Marco Arcelli of ACWA Power which signed deals with 6 Italina entities to promote clean energy imag ACWA Power

Clean energy: Saudi’s ACWA Power signs key agreements with these European entities

ACWA Power signed the strategic cooperation agreements at the Saudi-Italian Investment Forum held in Milan on September 4

OQ Gas Networks to list 49% stake on Muscat Stock Exchange

Oman’s OQ Gas Networks to list 49% stake on Muscat Stock Exchange

The selling shareholders reserve the right to amend the size of the offering at any time before the end of the subscription period

UAE sets up federal authority ‘commercial gaming”

UAE sets up federal authority for commercial gaming

The new authority will coordinate regulatory activities and manage licencing nationally

Saudi Arabia economic outlook

Saudi Arabia receives 7.8 million tourists in Q1 2023

The kingdom’s incoming tourism revenue grew by about 225 per cent to reach SAR37bn in the first quarter of this year

Dubai Fitness Challenge

Dubai Fitness Challenge 2023: Key dates announced

Dubai Fitness Challenge encourages the emirate’s residents to embrace a healthier lifestyle by committing to 30 minutes of exercise every day for 30 days

ADNEC Group lauches charter flights to attract tourists to Abu Dhabi Image WAM

Abu Dhabi: ADNEC’s Tourism 365 launches charter flights to these countries

This new service is poised to increase visitor arrivals to the UAE

cybersecurity

Insights: How to spot AI ‘snake oil’ in cybersecurity

Organisations often overlook vital inquiries about AI despite their understanding and use of predictive analytics and other advanced technologies

PIF-SABIC

Saudi’s PIF to create steel giant with $3.3bn Sabic deal

The deal is expected to close before the end of the first quarter of 2024

Sultan AlNeyadi

Watch: UAE’s Sultan AlNeyadi, Crew-6 splashdown on Earth in SpaceX Dragon capsule

The Crew-6 safely splashed down on Earth in the early hours of September 4

BMW EV

BMW reveals next-generation EV to take on Tesla, China’s BYD

Electric cars and plug-in hybrids are expected to make up 90 per cent of the world’s biggest auto market around the end of this decade

Dubai Summer Surprises

Dubai Summer Surprises final sale: Get 90% off deals on the last day

Shoppers have one last day to enter into a multitude of contests to win cash prizes, luxury cars, or even Share points