ETIHAD AIRBUS A380 SUPERJUMBO - to fly to NEW YORK

Etihad Airways to fly A380 on popular Abu Dhabi to New York route from April 2024

The US route becomes the second destination after London to enjoy the A380 experience since Etihad returned its superjumbo to the skies

Saudi Arabia’s PIF secures $5bn loan covered by K-SURE

Saudi Arabia’s PIF secures $5bn loan covered by K-SURE

The deal is the first export credit agency financing by the sovereign fund and will help finance exports from Korea to Saudi Arabia

Heathrow airport road sign

Saudi’s PIF to pick up 10% stake in London’s Heathrow airport

The transaction is subject to regulatory conditions and must comply with the right of first offer

Crude oil market on tenterhooks over OPEC meet. Image credit: Getty Images

OPEC+ talks: Oil inches higher as Black Sea storm disrupts supply

OPEC+ is due to hold an online ministerial meeting to discuss 2024 production targets

ENVI Lodges reveals ENVI Al Sifah in Oman (Image: Supplied by ENVI Lodges)

ENVI Lodges announces second resort in Oman

ENVI Al Sifah will open in late 2025 and will feature 40 luxury tents

Saudi wins bid to host World expo 2030 GettyImages-1169219013

Saudi Arabia wins bid to host World Expo in 2030

The kingdom will host the global event from October 2030 until March 2031

VIRGIN ATLANTIC

Virgin Atlantic jet to lift off for maiden transatlantic flight on low-carbon fuel

Aviation accounts for an estimated 2-3 per cent of global carbon emissions

UAE to announce petrol prices for December soon

UAE to announce petrol, diesel prices for December; will rates drop further?

The fuel price committee reduced the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 0.41 fils per litre in November

Abu Dhabi International Airport - UAE megaprojects

Abu Dhabi Airports anticipates over 22 million travellers in 2023

Top international events and an increase in airport capacity is pushing up air passenger numbers

Ascott confirms two new properties for Marrakech (Image: Supplied by Ascott)

Ascott confirms two new properties for Marrakech

Both properties will open by Q4 2026 and will together feature a total of 190 units

app

UAE consumers among the most demanding globally for seamless app experiences

Key findings from the research indicate a significant shift in consumer behavior and expectations

ADDED launches SME finance facilitator programme

ADDED launches SME finance facilitator programme

The programme aims to foster trust between SMEs and financial institutions, and lead to collaborative credit assessment

ADGM - JP MORGAN

JP Morgan to expand payments, corporate banking services in Abu Dhabi

The bank had set up a legal entity in ADGM in 2021, but has had a physical presence in the UAE for more than a decade

Flynas becomes first Saudi carrier to join UNWTO (Image: Supplied by flynas)

Flynas becomes first Saudi carrier to join UNWTO

UNWTO’s members include more than 500 companies, educational and research institutions, and NGOs

DP World, IRENA sign agreement to decarbonise ports and maritime and logistics sector Image WAM

Dubai’s DP World, IRENA to decarbonise ports, maritime, logistics sectors

DP World has committed to becoming carbon neutral by 2040 and net zero carbon by 2050

Dubai RTA and Careem school rides service sees great demand Image Dubai Media Office

Dubai: School Rides service by Careem, RTA sees rising demand

The cost of the trip is 34.5 per cent less than the cost of the regular limousine services offered by Careem

Dubai Future Forum begins on Nov 27 GettyImages-1233733212

World’s largest gathering of futurists convene in Dubai on Nov 27

Dubai Future Forum will convene 2,500 experts and 150 speakers, hailing from more than 100 countries

ADNOC opens H2GO - the regions first high-speed hydrogen refuelling pilot station Image WAM

ADNOC unveils high-speed green hydrogen refuelling pilot station

The station, located in Masdar City, will produce green hydrogen from water, using an electrolyser powered by clean grid electricity

DFM to launch carbon credits pilot programme at COP28 Image Dubai Media Office X

Dubai Financial Market to launch pilot carbon credits programme at COP28

DFM will commence the pilot programme for institutional investors starting from December 4-8, with the offsetting period ending on January 10, 2024

Les Roches-managed Hospitality Academy to open in Abu Dhabi Image supplied

Abu Dhabi: Les Roches managed hospitality academy to open in 2024

Les Roches ranks fourth in the world’s higher education institutions for hospitality and leisure management

markets

Global markets: Five countries to watch this week

From the upcoming climate conference in UAE, to inflation numbers in the US, and China’s GDP targets, a look at what the markets are tracking

oil price

Why OPEC+ members find it hard to agree on oil production quotas

Oil production tends to vary month by month, making it difficult to fix on a permanent production target

aviation industry emissions

UN aviation meeting agrees to goal of 5% lower carbon emissions by 2030

The air transport sector has previously pledged to align itself with global goals to cut emissions

Faraday Future targets Middle East drive with aiFalcon model

EV maker Faraday Future forays into Middle East, unveils new model

The automaker plans to launch a limited-edition model, the FF 91 2.0 Futurist aiFalcon, tailored to the local market

Dubai wealth fund ICD posts Dhs28.3bn in half-year profit

Dubai wealth fund ICD posts Dhs28.3bn in half-year profit

The banking and transportation divisions’ respective contributions to the wealth fund’s profit soared by Dhs8.2bn and Dhs7.7bn

Cybercriminals are using AI to scam shoppers during Black Friday Cyber Monday sales Getty Images

Black Friday: How cyber crooks are using AI to scam consumers

Here are simple tips to help you shop safely during the shopping season

NZ1 Masdar city's first net zero commercial building completed Image Masdar City

Introducing NZ1, the region’s first net zero commercial building

The building is designed to use 53 per cent less energy than conventional buildings and produce all of its annual energy requirements on-site

Etisalat by e&, DCT Abu Dhabi partner to redefine esports sector

Boost for MENA esports with new Abu Dhabi-backed tie-up

The partnership seeks to nurture emerging gaming talent and elevate local esports events to international gaming benchmarks

Saudi Arabia’s CMA proposes rules to boost secondary share offerings

Saudi Arabia’s CMA proposes rules to boost secondary share offerings

The market regulator invited participants in the capital market as well as relevant and interested persons to participate in a 30-day public consultation