CBUAE revokes licence of an exchange firm

CBUAE revokes licence of money exchange firm

The administrative sanctions are the result of findings which revealed serious regulatory misconduct

wealth management

Crypto exchange Bybit unveils wealth management product

It aims to deliver consistent returns through strategies and risk management, regardless of market conditions

Etihad Airways

Etihad Airways adds new destinations, more flights

The airline has also expanded options for passengers by offering more convenient departure times and increasing the frequency of flights to vital markets

Dubai Chamber attracts 69 startups in H1 2023

Dubai Chamber of Digital Economy attracts 69 startups in H1 2023

The chamber held meetings with multinationals, SMEs, startups and scale-ups during the first half of the year to showcase Dubai’s growth potential

US NSA Jake Sullivan in UAE

US National Security Advisor Jake Sullivan in UAE to meet President Sheikh Mohamed

The importance of joint action to ensure peace and stability in the Middle East was discussed at the meet

Emirates cabin crew

Dubai: Emirates cabin crew numbers cross 20,000

The airline represents a diverse team of over 140 nationalities with 130 languages spoken

ADFD Tanzania sign loan agreement Image ADFD

Abu Dhabi Fund for Development finances Dhs110m energy security project in Tanzania

The project’s financing will reduce energy import dependency, stimulate economic activities, develop existing industries and create job opportunities for the population

Samsung Galaxy Watch6

Samsung Galaxy Watch6 series specs and features: Smartwatch available for preorder

The new Galaxy Watch6 series provides personalised health guidance, design upgrades and an enhanced mobile experience

ADNOC Gas awards $3.6bn contract to boost gas processing

ADNOC Gas invests $3.6bn to boost gas processing capabilities

The project seeks to increase ethane extraction from the company’s existing onshore facilities in the Habshan complex

Ishraq Hospitality to enter Georgia (Image: Supplied by Ishraq Hospitality)

Ishraq Hospitality announces new projects in Georgia

Ishraq will manage the Crowne Plaza Batumi Beach Hotel and Batumi Hotel Apartments, both of which are scheduled to open in 2025

Zain group HQ in Kuwait

Zain Group reports net profit of 14% for Q2 2023

The mobile voice and data services operator reported that it served 52.7 million customers at the end of the period across seven countries

Oil prices near four-month high

Oil holds near four-month high as report sees US stockpile gain

Oil has rallied since late June following pledges by OPEC+ countries Saudi Arabia and Russia to cut supply

Anantara's eco-luxury resort

Anantara’s eco-luxury resort in Ras Al Khaimah to launch this year

The eco-luxury resort features 174 guest rooms, suites and villas, including the first over-water villas in the emirate

Dubai Public Prosecution enables smart Fine payment service

Dubai Public Prosecution launches fine payment service, enables travel ban to be lifted automatically

The service enables parties in a criminal case to pay the issued fine and automatically have their travel ban lifted after the court’s verdict is issued

UAE enacts new laws for healthcare professionals

UAE enacts new laws for healthcare professionals

Practising without a healthcare licence attracts a fine of not less than Dhs50,000 and not exceeding Dhs100,000

Lucid

Lucid pledges to reach 10,000-EV target this year; shares rise

The company’s shares jumped more than 5 per cent in post-market trading

data centres

Here’s how data centres can be made more sustainable and environment friendly

Tassos Peppas, regional director – Middle East, Turkey and Central Asia at Vertiv shares key solutions in achieving sustainable operations for data centres

Karim Benzema visits Makkah after Saudi transfer

Saudi Pro League stars Karim Benzema, Sadio Mane perform Umrah in Makkah

The Saudi Pro League’s various clubs have gone on an international acquisition spree and signed a string of big names that have brought Europe’s top footballers to the kingdom

Tesla appoints Vaibhav Taneja as CFO

Tesla names Indian-origin executive Vaibhav Taneja as CFO

He succeeds Zachary Kirkhorn, who stepped down from the post after working for the electric vehicle maker for 13 years

Middle East IPOs raise $1.8bn Q2 2023

MENA stock markets maintain IPO momentum, raises $1.8bn in Q2 2023

Saudi Arabia dominated the region in terms of the number of listings, with four listings on the Tadawul’s main market raising $0.8bn

crypto

On-chain segmentation: Unlocking insights for the region’s rising crypto exchanges

How do exchanges survive and thrive in an increasingly competitive market? We take a look…

Morocco in FIFA Women's World Cup 2023

FIFA Women’s World Cup 2023: Morocco take on France in Round of 16

The Atlas Lionesses hope to make history as they seek to beat France and reach the quarter-finals

Dubai Chamber attracts 50 SMEs to Dubai in H1 2023

Dubai Chamber welcomes 50 SMEs to Dubai in H1 2023

The chamber opened six new international representative offices during the first half of the year, bringing the total number to 21

Back to school

UAE school holidays 2023: When does the new academic term start?

The UAE’s Ministry of Education mandates 182 academic days in a year for those schools following the international curriculum

Where to watch the Perseids meteor showerin the UAE Image Getty images

Perseids meteor shower 2023: How to watch it in the UAE

The Dubai Astronomy Group is hosting a viewing event at Al Awir desert on Saturday, August 12, from 10pm to 3am

ACWA Power wind turbine in Central Asia Image Acwa power

Saudi’s ACWA Power successfully installs Central Asia’s largest wind turbine

The 500MW Bash wind farm project is located in the Bukhara region of Uzbekistan

metaverse training

Hamdan bin Mohammed Smart University introduces metaverse training courses

The courses include presentations on the metaverse, its applications across diverse sectors and methodologies

DFSA FIU sign Mou to fight financial crime

UAE: DFSA, Financial Intelligence Unit join hands against financial crime

The agreement aims to enhance co-operation, co-ordination and information sharing between the DFSA and FIU to fulfill their respective obligations related to AML/CFT compliance

Yahsat’s half-year revenues down 2% to $205m

Abu Dhabi’s Yahsat posts $205m in half-year revenue

The company’s mobility solutions registered strong double-digit growth in the second quarter of the year, up 12 per cent

voco to debut in Sharjah (Image: Supplied by IHG Hotels and Resorts)

IHG to enter Sharjah with voco property

The 191-key hotel is expected to open in 2027