Emirates

Emirates signs MoUs to boost tourism with Bahrain and Zambia

The agreements were signed on the final day of Arabian Travel Market

Aldar Properties Egyptian investment

Aldar Properties reaffirms its commitment to Egypt

The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector

Abdulla Almoayed, founder and CEO of Tarabut Gateway

Tarabut Gateway raises $32m to fund Saudi expansion

The open banking platform plans to use the proceeds of the Series A funding round to accelerate growth in Saudi Arabia

Oracle

Oracle signs multiple partnerships at CloudWorld Tour Abu Dhabi

The Oracle CloudWorld Tour is the company’s annual event that showcases the latest innovations in cloud infrastructure, databases and applications across diverse industries

Nozomi Networks

Women in tech: Roya Gordon, OT/IoT security research evangelist at Nozomi Networks

One strategy for tech companies to attract and retain female talent involves offering flexible work arrangements, such as remote work or flexible hours

Qualcomm

Qualcomm forecast indicates smartphone slump will drag on

Revenue will be $8.1bn to $8.9bn in the fiscal third quarter, Qualcomm said, falling well short of the $9.25bn average analyst estimate

Beehive

UAE’s e& enterprise to acquire majority stake in Beehive

Beehive leads the crowdfunding platform space in the UAE, with operations in Saudi Arabia and Oman

Saudi Pharma Jamjoom to list 30%

Saudi Arabia’s Jamjoom Pharma to sell 30% stake in IPO

The company secured approval from the Saudi Capital Market Authority to offer 21,000,000 shares, representing 30 per cent of its issued share capital

Samsung Pay

You can now pay your DEWA bill with Samsung Pay

DEWA is the first government entity in Dubai to adopt the Samsung Pay option within its digital channels

Emirates, Etihad partnership

Travel to UAE on a single booking: Emirates, Etihad Airways strengthen cooperation

Customers of each airline from this summer can buy a single ticket into either Dubai or Abu Dhabi, and return via the other airport

passkey

Goodbye passwords: Google introduces passkey authentication

Passkeys let users sign in to apps and sites with a fingerprint, a face scan or a screen lock PIN

UAE’s flydubai introduces premium business class ‘seat’

Ten suites will be introduced to a number of the carrier’s newest aircraft before the end of the year

Etihad Airways BOTIM integration

Etihad Airways, Astra Tech partner to allow bookings on BOTIM

The integration of flights into the BOTIM app allows customers to enjoy a more convenient and all-inclusive travel experience

CBUAE - interest rate

Most GCC central banks raise interest rates tracking US Fed move

Central banks in the GCC usually track the Fed’s policy rate moves as their currencies are pegged to the US dollar

Jordan Tourism Board

ATM 2023: DCT Abu Dhabi, Jordan Tourism Board sign MoU

The MoU represents a one-year agreement to strengthen tourism and economic cooperation and build dual-destination awareness to drive incremental leisure traffic

Palazzo Versace Dubai

Palazzo Versace Dubai launches first ever AI-based chatbot

Asksuite has developed a customised omnichannel guest automation chatbot for the hospitality brand

Aldar Properties group CEO Talal Al Dhiyebi

Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 profit

The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years

ATM 2023: Shurooq seeks to drive growth with new developments, upgrades

The projects are poised to continue making a significant impact on Sharjah’s economy as tourism is a key driver of growth in the region

Saudi tourism

From ancient history to modern luxury, Saudi Arabia’s tourism offerings continue to expand

Saudi tourism is set to surge with significant investments being made throughout the kingdom to enhance both religious and non-religious tourism 

Dubai_Mohammad AlBlooshi - Head of DIFC Innovation Hub and FinTech Hive 2023 DFS

Exclusive: How Dubai is bolstering its global fintech hub status

Mohammad Alblooshi, head of DIFC Innovation Hub and Fintech Hive, showcases Dubai’s role in the global fintech ecosystem

Tecom Group Q1 Dubai-Media-City_web

TECOM Group’s Q1 2023 net profit rises 34% to Dhs255m

The group’s Q1 revenue touched Dhs514m, a 6 per cent year-on-year increase on the back of sustained occupancy levels and high retention rates

Amsa Hospitality

Amsa Hospitality, Accor join forces to bring 18 new hotels to Saudi by 2032

The agreement will see Amsa Hospitality develop a range of Accor’s economy and midscale brands while also acting as the third-party operator by leasing and franchising the assets

ATM 2023 Emirates and Indonesia sign MoU

ATM 2023: UAE’s Emirates signs 3 MoUs with Indonesia, Morocco, Zimbabwe

The three agreements are aimed at encouraging inbound travel and bolstering visitor numbers to the three countries

flydubaiBoeing737MAXAircraft4 Dubai Media Office flydubai

UAE’s flydubai records 50% rise in passengers in Q1 2023

The carrier will grow its capacity across the network by 20 per cent between July 1 and September 30

Mubadala and Apollo jointly invest Brightspeed

Mubadala, Apollo Funds jointly invest $500m in Brightspeed

The investment gives Mubadala a minority shareholding in Brightspeed alongside funds managed by affiliates of Apollo

Image e& Group

UAE’s e& reports consolidated revenue of Dhs13bn in Q1 2023

In the UAE, etisalat by e& recorded 13.9 million subscribers an increase of 6 per cent compared to the same period last year

UAE airports _DXB

UAE airports passenger traffic jumps by 56.3% in Q1 2023

The number of people travelling through UAE airports reached approximately 31.8 million, an increase of more than 11.5 million

Hurtan Grand Albaycin

Hurtan Automoviles enters UAE market with its iconic Grand Albaycin

The Hurtan Grand Albaycin is a two-seater luxury convertible that features a classic design inspired from the 1950s and 1960s era

Operation Falafel

Operation Falafel adds two new outlets to its UAE portfolio

Both outlets will serve a Middle Eastern menu largely focused on sandwiches, platters and an option to build your own bowl

ADNOC Group AlRuwais plant

ADNOC Group to build new low-carbon LNG plant in Ruwais

The location’s proximity to ADNOC’s current operations and its future growth projects were all important factors in the decision