Gem Digital

Gem Digital Limited increases investment commitment with Everdome

The investment will be focused on actions which move Everdome from a conceptual, visionary project into its new phase of delivery and expansion

Wemade

Saudi Arabia partners with South Korea’s Wemade to enhance gaming and blockchain sector

The partnership will focus on various initiatives such as training programmes, educational content, game localisation and sponsorship of regional events

Cheval Maison - The Palm (Image: Supplied by Cheval Collection)

Cheval Maison serviced apartment brand opens in Dubai

The 131-key Cheval Maison – The Palm includes one-three bedroom apartments

Arabia Taxi

Tesla Model 3 cars to join Arabia Taxi fleet in Dubai

According to Arabia Taxi, 83 per cent of the cars in its Dubai fleet currently operate with environmentally friendly hybrid engine technology

Emirates expands its global network with Montréal flights

The airline said tickets to Montréal go on sale today for flights starting July 5 and can be booked on its website, the Emirates App or through travel agents

Dubai Marathon

Registrations now open for Dubai Marathon 2024

The marathon will return for its 23rd edition on January 7, 2024

Oil

Oil extends steep weekly drop with demand outlook in question

West Texas Intermediate fell toward $77 a barrel after dropping the most since the banking crisis in March last week

Bay Island

Dubai’s Jumeirah Bay Island plot sells for $34m, sets new record

The buyer, who doesn’t live in the UAE, is planning to build a family vacation home on the property

Christian Hoehn, general manager of The Ritz-Carlton Abu Dhabi, Grand Canal (Image: Supplied by The Ritz-Carlton)

The Ritz-Carlton Abu Dhabi, Grand Canal launches on-site vertical farm

The farm is expected to generate 10kg of produce daily and has a 41 sqm footprint

The Chedi Hegra (Image: Supplied by The Royal Commission for AlUla)

The Chedi Hegra to open in Saudi Arabia’s AlUla

The boutique hotel will feature 35 guest rooms and is expected to open to by Q4 2023

Dubai Metro hits new milestone with over two billion riders

The metro has a fleet of 129 modern trains that caters to the mobility needs of the community across the city’s 53 metro stations

TTEK

AD Ports’ Maqta Gateway acquires border control solutions platform TTEK

The total purchase consideration for the acquisition of 100 per cent ownership amounts to $26.7m with an upfront payment of $17.1m

Ahmed Ramdan

Interview: Ròya International’s Ahmed Ramdan on the changing face of the region’s hospitality sector

The founder of the home-grown hospitality firm shares his company’s milestones and how hospitality in the GCC is poised for further growth

Oreo Cafe

Oreo Cafe opens at Doha’s Hamad International Airport

The cafe in the new North Node offers a wide selection of sweet inventions including Oreo milkshakes, muffins and cheesecakes

UAE to offer corporate tax relief to ‘public benefit’ entities

Organisations that qualify for the exemption include entities that focus on activities such as philanthropy, community services and corporate social responsibility

Veritas

Veritas recommends two essential steps to safeguard enterprises against cyberthreats

Companies relying more on native security tools are hit harder by ransomware than organisations that rely less on native security tools, and more on purpose built solutions

Sandsoft

A look at how Sandsoft explores novel technology to engage consumers

Video games is a unique industry which blends art and science, humanities and technology, intuition and data

Model S

Tesla increases price of Model S, X in US after shares slump

The latest starting prices of both models are $87,490 and $97,490, respectively

NFT-based games

The future of NFT-based games

These games have the potential to boost the economy and affect the gaming industry in significant ways

Sustainable Energy

Here are some ways to reduce carbon emissions with sustainable energy

Adopting energy-efficient strategies that reduce the demand and greening the current energy supply is key, says Pierre Cheyron

Amazon

Interview: Prashant Saran, director of operations at Amazon MENA

How Amazon is aiming to better serve customers through faster and more efficient delivery

energy efficiency

How important is it for businesses to prioritise energy efficiency?

It is vital to help stakeholders across the industry understand that we need to invest to reach net zero, says Ahmed Radwan, lead business manager – MEA – Motion Business at ABB

gender divide

Balancing the digital gender divide is critical to achieving economic equality

There is a persisting gender gap in the technology and innovation sectors across many countries, as women and girls are continuously underrepresented in STEM

Oil

Oil set for first weekly loss since banking turmoil last month

West Texas Intermediate futures dipped toward $77 a barrel and are more than 6 per cent lower this week

United Group

Saudi Telecom to buy United Group towers for EUR1.2bn

Tawal, which is making its first foray into Europe through the acquisition, already owns more than 16,000 towers

Bitcoin

Bitcoin trading signal hints at an upcoming leap back above $30,000

Bitcoin dropped about 1 per cent to $28,860 as of 10:42am on Thursday in Singapore

EDB, Emirates Islamic partnership

Emirates Development Bank, Emirates Islamic partner to support SMEs

The Islamic lender is the 11th commercial bank to join EDB’s credit guarantee scheme platform

quiet quitters

Watch out for those quiet quitters

A welcoming and nurturing atmosphere creates a productive, committed team

Ray Dalio, hedge fund billionaire, opens family office in Abu Dhabi

Ray Dalio set to open branch of family office in Abu Dhabi

The Dalio Family Office helps handle the billionaire’s private investments as well as his philanthropic donations

Data Analytics

How digital assets are revolutionising financial data analytics

Data analysis can reveal interesting trends that the average investor is unlikely to spot and interpret