Tesla Model Y

Tesla cuts price of Model Y versions

The Model Y forms part of the stable of vehicles, along with the Model 3, which are the best-sellers for the company

Tanmiah posts SAR983.1m in H1 revenues

Tanmiah H1 revenue surges to SAR983.1m on poultry sales

The food manufacturer’s half-year profit increased by 2.2 per cent to SAR32.4m from SAR31.7m a year earlier

DEWA

DEWA’s R&D Centre files new patent in 3D printing

DEWA uses 3D printers to produce prototypes and spare parts for its generation, transmission and distribution divisions

Boeing 737

Dubai Aerospace Enterprise to acquire 64 Boeing 737 MAX aircraft

The Boeing 737 MAX airplane family delivers enhanced efficiency, improved environmental performance and increased passenger comfort to the single-aisle market

ADNOC, TABREED advance efforts for geothermal energy

ADNOC, Tabreed announce advances in effort to harness geothermal energy

Leveraging geothermal heat for district cooling operations has the potential to reduce electricity demand helping decarbonise an energy-intensive sector

Google Bard AI

Top 10 innovative ways to use Google Bard AI

If you’re new to Google Bard and not sure how to get started, check out these ways to try it out

Red Sea International Airport by RSG

Red Sea phase one: Here are 7 key construction milestones

The Red Sea International Airport is on track to receive its first domestic flights later this year

Musk and Zuckerberg cage fight

Zuckerberg says ‘time to move on’ from Musk cage fight challenge

The face-off between Musk and Zuckerberg intensified after the initial success of Meta’s Threads social media platform

Kuwait’s Agility posts KWD14.2m in Q2 profit

Kuwait’s Agility posts KWD14.2m in Q2 2023 profit

The company’s profit in the first six months to June 30 rose by 2.3 per cent to KWD29.4m

TAQA’s half-year net income surges to Dhs13.5bn

UAE’s TAQA Group posts Dhs13.5bn in H1 net income

The company’s board of directors declared a second interim cash dividend for the year of 0.65 fils per share (approximately Dhs731m)

Red Sea Global 5G network (Source: Sourced from Red Sea Global Media Centre)

World’s first zero-carbon 5G network unveiled at Six Senses Southern Dunes

It will be powered by 100 per cent renewable energy from over 760,000 solar panels that Red Sea Global has built to power The Red Sea destination

Amazfit Bip 5

Amazfit Bip 5 smartwatch now available in UAE

The smartwatch is also the first of the series to integrate the Zepp OS, which brings a feature of advancements beyond what’s typically found in an entry-level smartwatch

Saudi Arabia plans to issue $9.6bn in sukuk after buyback GettyImages-1464744716-1

Saudi Arabia plans to issue $9.6bn in sukuk after buyback

HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction

ADNIC H1 2023 earnings

ADNIC reports net profit of Dhs204m in H1 2023

ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m

Saudi Football League signs deals for global broadcast Al Khaleej VS Al Taawon Image courtesy Saudi Pro League

Saudi Football League lines up deals to broadcast games globally

The deals supposedly span more than 130 territories at rates as much as four times higher than last season’s total revenue from broadcast rights

Insights: Economic growth requires reforms in higher education

The online higher education is growing and is estimated to touch $5bn by 2025

Neymar

Neymar leaves PSG for Saudi Pro League club Al Hilal

The Brazil forward’s current contract with PSG runs until 2025

DEWA selects Masdar to build Dubai solar park

DEWA selects Masdar to build phase 6 of Dubai solar park

The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW

Sahem Azzam on reimagining supply chain

How technology can unlock the full potential of supply chain

Smart technologies can unlock the potential data dividend in every link in the supply chain

Sustainability

How sustainability is gaining importance in logistics services

Sustainability and supply chain resiliency are expected to reshape the global business environment

KBBO Group debt pile

Abu Dhabi revises hotel fees to boost hospitality sector

The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1

AD Ports Food Hub Image Image Ad Ports

How AD Ports’ logistics cluster is supporting global trade

Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations

Julphar posts Dhs859.4m in H1 revenues, up 2.5%

Julphar half-year revenues surge to Dhs859.4m on solid growth

The company registered double-digit growth in the UAE and GCC region markets due to continued positive developments in key markets including Saudi Arabia

Atlantis The Royal

Atlantis Dubai plots global expansion to cash in on travel boom

A sustained rebound in leisure travel is pushing hospitality brands to look at expanding their footprint

Emaar Properties posts Dhs4.9bn in H1 profit, up 15%

Emaar Properties posts Dhs4.9bn in H1 2023 profit

The developer’s group property sales, rose by 14 per cent to Dhs20.2bn

Turkey waits on UAE investment

Turkey sees cash flow from $51bn UAE deal starting by end of this year

The agreement marked the high point of Turkey’s President Recep Tayyip Erdogan’s recent visit to the Middle East

warehousing technology

How technology is transforming the world of warehousing

Robotics automation can digitalise workflows and improve human productivity

Coursera and COp28 partner Jeff Maggioncalda, CEO, Coursera Image Coursera

COP28, Coursera to increase access to climate literacy education for global youth

The programme of more than 100 courses covers a range of topics essential for climate literacy across mitigation, adaptation, finance, and loss and damage

Waymo robotaxi

Google’s Waymo, Cruise get nod to expand San Francisco robotaxis

Robotaxis have increasingly become a normal sight on the Northern California city’s roads, with Waymo running a fleet of about 200 cars.

Responsible AI

Why a responsible AI agenda should start with the CEO

A robust responsible AI programme includes the strategy, governance, processes, tools and culture that are necessary to embed the approach across an organisation