UAE, Kazakhstan trade credit agencies sign an MoU

UAE, Kazakhstan export credit agencies sign agreement to boost trade

The two entities agreed to form a task force to explore more opportunities for cooperation, with a focus on seven strategic areas

Etihad

Etihad passengers to soon enjoy movie style snacks. Here’s why

From June to August, guests flying in Etihad’s First and Business cabins can also indulge in themed mocktails

Oracle generative AI

Oracle’s generative AI services to drive business innovation

The cloud company has partnered with Cohere to provide the services

etihad rail

Etihad Rail shows how it links key transport hubs across seven emirates: Watch

The rail network stretches across the UAE, connecting Fujairah in the east to Al Ghuwaifat in the west

Masdar ceo on green bonds

Masdar plans first green bonds sale ‘within weeks’

The green bonds sale will help fund an effort to boost renewable energy generation capacity five-fold by the end of the decade

Ministry of Energy & Kazakh MoE, ACWA Power Roadmap Signing Image credit ACWA Power

Saudi’s ACWA Power sets roadmap for $1.5bn wind energy project in Kazakhstan

With the head of terms agreement announced earlier this year, the 1GW wind project represents ACWA Power’s entry into Kazakhstan

Emirates A380

Emirates to offer premium economy seats in its A380 on Mumbai, Bengaluru routes

The airline currently services nine destinations across India

Abu Dhabi gaining appeal among global HNWIs GettyImages-665435021

Abu Dhabi real estate gaining popularity among global HNWIs: Knight Frank

According to Knight Frank’s survey, 45 per cent of global HNWIs indicated that the emirate’s development plans enhanced its appeal as an investment destination

DEWA transmission substations

DEWA invests $151m in 6 new 132/11 kV transmission substations

The project included 3,450 metres of 132kV ground cable to connect with the main transmission network

Rashid Aljneibi on charGPT and AI impacting customer relationships Image e& enterprise

Insights: Revolutionising customer support with AI-powered conversations  

ChatGPT provides businesses with a powerful tool for automating routine tasks, improving customer interactions and reducing costs

Sheikh Jassim bids for Manchester United

Has Qatar’s Sheikh Jassim won the bid for Manchester United?

Sheikh Jassim and British businessman Sir Jim Ratcliffe were the final bidders after the club was put up for sale in 2022

Image Courtesy: Salik Twitter

Dubai’s Salik warns investors against ‘high-return’ scams on social media

The toll operator has advised the public to exercise caution and vigilance when being targeted by such offers

Oil prices near four-month high

Oil holds near three-month low as demand concerns reverberate

West Texas Intermediate edged higher to trade above $67 a barrel, after losing around 8 per cent over the previous three sessions

Arab-China Business Conference image Saudi Ministry of Investment

Arab-China Business Conference: Deals worth $10bn inked on opening day

Trade between China and Saudi Arabia alone exceeded $106bn last year, representing a 30 per cent growth rate during 2021

JEPLAN and Rebound to collborate Image credit Rebound

UAE’s Rebound, JEPLAN to jointly explore set-up of recycle PET market in the UAE

Through a joint study, the companies will seek the participation of partner companies in the UAE to establish a supply chain for recycled PET in the UAE

UAE-India CEPA talks

UAE-India CEPA impact: Bilateral non-oil trade reaches $50.5bn

The CEPA came into effect on May 1, 2022, and was the UAE’s first-ever bilateral trade deal

UAE seeks to bolster economic, investment ties with South Korea

UAE seeks to bolster economic, investment ties with South Korea

The two countries agreed on new plans in the field of entrepreneurship, including programs and facilities to foster startup growth

NymCard acquires BNPL firm Spotii

NymCard acquires Middle East BNPL firm Spotii

The integrated platform will serve both B2C and B2B markets seamlessly, enabling instant instalment options

META cyber threat and hacker attack

Here’s why the META region is prone to mobile financial scam

Cyberthreats for Android users remain prevalent in the META region as the operating system holds a dominant market share

Saudi Arabia signs deal with China EV maker

Saudi Arabia inks $5.6bn deal with Chinese EV brand Human Horizons

The deal accounts for more than half of the $10bn investment agreements that were signed on the first day of the Arab-China business conference

UAE-UKRAINE TALKS

UAE delegation led by Mariam bint Mohammed Almheiri meets Ukraine’s president

The UAE’s Minister of Climate Change and Environment is leading a diplomatic delegation on an official visit to Ukraine

RTA

RTA signs three agreements to drive sustainable mobility in public buses

RTA inked the agreements as part of ongoing search for innovative transport solutions through enhanced collaboration with the private sector

Riyadh air

Riyadh Air takes flight in Saudi skies ahead of air show debut: Watch

Riyadh Air will join the global aviation sector with “RX” as its Airline Designator Code which was approved by the International Air Transport Association

city check-in

Air Arabia launches new city check-in facility

The city check-in service will allow travellers to drop off their bags and collect their boarding pass at a location near them

George Soros

George Soros hands control of Open Society Foundations to his son

The foundation founded by George Soros donates money to humanitarian and democratic causes ranging from criminal justice reform to climate change initiatives

B Store launched by AstraTech Image Astra tech

Now pay for groceries using facial recognition at Astra Tech’s new B Store

Astra Tech has launched its first autonomous shopping store in Abu Dhabi’s Sky Tower, which operates solely using artificial intelligence

discount

This airline is offering 20% discount on tickets for a limited period

All guests booking their tickets between June 12 and 14 can enjoy the discount to different destinations across the airline’s network

Silvio Berlusconi

Silvio Berlusconi, former Italian prime minister dies

Silvio Berlusconi was prime minister of Italy three times between 1994 and 2011 and his party is a junior partner in the current ruling coalition

Kenya Airways

Emirates, Kenya Airways sign interline partnership

The partnership increases Emirates’ footprint to 148 African points

UAE carbon alliance launches Image Credit Getty Images

UAE Carbon Alliance launches; founding members include FAB, TAQA, ACX, Masdar

The alliance aims to establish national cooperation in decarbonisation efforts, develop frameworks for carbon financing and increase knowledge of the carbon market