RTA announces free parking metro timings during Eid al adha Dubai Image Twitter RTA

Eid Al Adha 2023: Dubai announces free parking; changes to metro, bus timings for holidays

All public parking – except at multi-level parking terminals – will be free from Tuesday, June 27 to Friday, June 30

AD Ports Group creates Khalifa Port drydocks

UAE’s AD Ports Group, Premier Marine form drydocks JV

The hub will be operated by SAFEEN Drydocks and will be fully equipped to accommodate a range of vessels

renewable

Big oil’s green retreat helps clear the way for everyone else in renewables

The exits of some players may make it easier for renewable energy companies to raise prices to a sustainable level and to ramp up investment

Qatari banks’ external debt

Qatari banks’ external debt: Is the problem over?

One of the main sources of concern for the Qatari banking system has been the build-up of external debt

Aramco, TotalEnergies award contracts for $11bn Amiral project

Aramco, TotalEnergies award contracts for $11bn petchem complex

The awarding of the contracts marks the start of construction work on the petrochemical facility

unified communications

Insights: Why as-a-service model allows for superior unified communications

Cloud-hosted unified communications are directly responsible for operational efficiency at a reduced cost

Israel - Air India, Lufthansa cancel flights (Image: supplied by Boeing)

Aircraft mega-deals prompt bubble warning from industry veterans

Industry veterans warn that the aviation market is showing signs of overheating with record number of aircraft orders placed

DP World picks up momentum on electrification projects at Port of Santos, Brazil Image DP World

DP World picks up momentum on electrification projects at Port of Santos, Brazil

A total of 22 diesel-fuelled rubber tyred gantry container handling cranes units will be electrified by the end of next year, with an investment over $16.2m

Bitcoin

Bitcoin set for best week since March fuelled by speculation over ETFs

The token edged below $30,000 as of 10:05am Friday in Singapore

abu dhabi tourism

Abu Dhabi targets 24 million tourists for 2023

Abu Dhabi plans to build on its destination offering for international tourists from cultural and heritage venues to state-of-the-art theme parks

Bahrain’s Al Salam Bank acquires majority stake in Algerian unit

Bahrain’s Al Salam Bank acquires majority stake in Algerian unit

The plans to further support its Algerian business to accelerate its growth and capture new pockets of opportunities within the country and the wider region

Dar es Salaam

DP World in talks to expand coverage to Tanzania’s Dar es Salaam port

With access to Dar es Salaam, DP World will expand its reach on the east African coast

Proptech

Investing in proptech: How market players are embracing tech-driven solutions

Here are the key developments that have shaped the proptech industry in the Middle East

Qatar looking to buy stake in Washington Wizards NBA team

Qatar looking to buy stake in NBA team Washington Wizards

The NBA had revised its ownership rules to allow for passive, non-controlling, minority investments in NBA teams by institutional investors, and sovereign wealth funds

RSG x Al-Ahli Saudi FC deal Image Red Sea Global

Red Sea Global, Al-Ahli Saudi FC sign sponsorship deal

With this deal, Red Sea Global becomes the platinum sponsor of the football club’s first team

ENVI Al Nakheel (Image: Supplied by ENVI Lodges)

ENVI Lodges reveals design of upcoming property in Saudi Arabia

ENVI Al Nakheel will open next year and will feature 25 eco-lodging pods

AD Ports, Karachi Ports JV

UAE’s AD Ports signs 50-year concession deal with Karachi Port Trust

The expansion and enhancement of Port of Karachi are expected to further cement its position as a key player in the maritime industry

Dubai government employees

Dubai upskills over 170 government employees in generative AI

The course introduced participants to some of the generative AI tools, as well as the areas in which advanced technology applications can enhance the performance of government agencies

Mohammad A. Baker, Deputy Chairman and CEO of GMG and Mahmood Ameen, Chief Executive Officer, Emirates Flight Catering announcing the partnership Image GMG

Emirates Flight Catering, GMG ink deal to provide ready-to-go meals

The meals will be prepared based on a menu curated by Emirates Flight Catering chefs

Musk and Zuckerberg cage fight

Clash of the tech titans: Elon Musk challenges Mark Zuckerberg to ‘cage match’

The tech bosses have agreed to a ‘cage match’ after an exchange on their respective social media platforms

Talal Moafaq Al Gaddah, senior executive vice chairman of MAG discusses Reserve highlights Image mag Group

How MAG Group’s Keturah Reserve is blending sustainability, wellbeing and luxury 

Talal Moafaq Al Gaddah, senior executive vice chairman of MAG, shines the spotlight on the group’s new and exclusive development, Keturah Reserve, and shares how bio living can have a positive impact on people’s wellbeing

plant based meat Thryve

IFFCO’s 100% plant-based meat Thryve set to debut in Saudi Arabia

Plant-based meat is increasingly being considered as an alternative to meat products in order to reduce the global carbon footprint of existing food systems

DET AND MASTERCARD DIGITAL PARTNERSHIP

Dubai Tourism, Mastercard launch digital city partnership

The digital partnership will work to accelerate growth across the tourism ecosystem

Ericsson Ooredoo

Ericsson, Ooredoo extend partnership to advance 5G connectivity in Qatar

As part of the five-year contract, Ericsson will also provide support and maintenance services

Intel Bain

Intel to sell 20% of IMS to Bain at $4.3bn valuation

Intel first invested in the Austrian company in 2009 and acquired the business in 2015 for an undisclosed price

flying

Flying from Abu Dhabi Airport: Etihad Airways has tips to ensure hassle free travel

Air passenger traffic is expected to be at record highs during the summer holidays across the UAE

Huawei nova 11 pro

Review: Stepping up the game with Huawei nova 11 Pro

With features such fast charging and robust privacy and security measures, it’s a device that caters to the needs of the modern smartphone user

Astra Tech National Bonds Sign MOu to iffer investment solutions to Botim Image Astra Tech Botim

Botim users to benefit from Astra Tech, National Bonds saving, investment solutions

This partnership gives Astra Tech customers access to microfinance options specifically designed for individuals with low and medium incomes through Botim, supported by National Bonds’ Al Manassah Platform

Riyadh Air (Image: Sourced from Riyadh Air Media Centre)

Riyadh Air signs deal for 90 GEnx engines at Paris Air Show

The deal also includes spares and a services agreement to support the airline’s upcoming Boeing 787-9 Dreamliner fleet

Electric buses Saudi Arabia

Saudi’s Transport General Authority introduces self-driving electric buses for Hajj pilgrims

Without requiring human intervention, the buses navigate along a predetermined route, utilising the data collected and analysed during their movement to make informed decisions