Olayan Saudi Holding Company hospital with Vamed Hospital render

Olayan Saudi Holding Company, Vamed to open hospital in Riyadh

It’s the first of many hospitals planned in Saudi Arabia and regionally, as part of OSHCO’s aim to grow its healthcare investment portfolio

Chaitanya Peddi - Co-founder of Darwinbox

SME story: Darwinbox co-founder Chaitanya Peddi on HR tech and the firm’s partnership with Microsoft

HR tech firm Darwinbox and software giant Microsoft are collaborating to redefine the ‘future of work’

dubuy.com welcomes Al Naboodah Group Photo DP World

Al Naboodah Group joins DP World’s DUBUY.com

The new partnership will accelerate Al Naboodah Group’s business-to-business trade, providing visibility of its products at the click of a button

World’s tallest hotel

World’s tallest hotel to open in Dubai in 2024

The First Group said that the 82-storey property will be its largest and most complex development to date

esports K-12 school

This K-12 school in Abu Dhabi launches first esports hub

The facility, located in Aldar Education’s West Yas Academy, will provide students access to gaming equipment, innovative software and immersive experiences

Business travel

These are the world’s 10 most expensive cities for business travel

The survey was based on 2022 data for four-star hotels, meals, laundry and incidental costs

HH Sheikh Hamdan announces 04 platform for Dubai

Dubai launches 04 platform to enhance govt services

The platform enables customers to submit suggestions, comments and complaints to Dubai government officials in three easy steps

DIFC unveils DIFC Launchpad

Dubai financial hub launches venture building platform ‘DIFC Launchpad’

The programme supports efforts to realise the financial centre’s 2030 strategy to catalyse economic growth

Rashid rover

UAE’s Rashid rover enters moon’s orbit

The iSpace lander carrying the rover executed the lunar orbit insertion manoeuvre on March 21

etihad airways enhances interline and codeshare with six airlines making travel even easier

Etihad Airways strengthens interline and codeshare alliances with six airlines

The expanded interline and codeshare offerings with the airlines will be progressively rolled out across the carrier’s sales channels, website and travel agents, over the coming weeks

Galaxy A54

Samsung launches Galaxy A54, A34 5G smartphones in UAE

Both smartphones will be available from March 21 on the brand’s website as well as in select retailers across the country

Islamic Digital Economy

Startups injecting fresh innovations to Malaysia’s Islamic Digital Economy

The ASEAN nation continues to be an excellent market for Islamic fintech players to make a mark in the region

Sustainability roundtable Century Finacial

UAE financial sector reaffirms commitment to sustainability

The round table discussion hosted by Century Financial showcased new sustainability initiatives and partnerships aimed at promoting investments

Smartphone market

Is the region’s smartphone market expected to grow in 2023?

The competition remains stiff in the coming years, especially for emerging brands

Ground breaking Dubai Helipark Aerospace Hub in Dubai

Phase 2 of Dubai Helipark construction commences

The new phase will include a commercially owned and operated landside helicopter hangar

Dr Moopen’s family acquires additional 4% stake in Aster DM Healthcare

The increase of 4 per cent stake from 37.88 per cent reaffirms the family’s commitment to the business in India and GCC

RTA premium number plates auction-112

Dubai premium number plates fetch a total of Dhs38.21m

RTA offered a total of 90 premium number plates for bidding during the 112th Open Auction

hala taxi

Dubai taxi e-hail service adoption to reach 80%, says RTA

According to RTA’s plan, Hala will promote the e-hailing service by creating new channels to draw more users

ADGM enjoys record year in 2022

Abu Dhabi’s ADGM witnesses 56% rise in assets under management in 2022

Last year, several ADGM-based companies listed on ADX including Borouge, Burjeel Holdings, Bayanat AI and Americana Restaurants while Anghami completed its listing on NASDAQ

Infinity Power acquires Lekela Power Photo Masdar

Masdar JV Infinity Power acquires Africa’s Lekela Power in landmark renewable energy deal

Lekela Power currently operates 1GW of wind power projects in South Africa, Egypt and Senegal, and has a 1.8GW project pipeline in different stages of development

Kuwait Oil Company oil spill

Kuwait Oil Company declares ‘state of emergency’ after oil spill

The company said a state of emergency has been declared but no leakage of poisonous gas was detected at the site of the oil spill

Anna Skigin CEO of Frank Porter, on why people prefer short-term lets over hotels

Insights: Why people are choosing short-term lets over hotels 

Short-term lets have increased by more than 100 per cent in the emirate since the Dubai government relaxed laws around private property owners letting their homes out on Airbnb

logistics sector

Is Saudi Arabia’s logistics sector future-ready?

The kingdom is exercising concerted efforts to infuse a digital-first approach

Yolk Brands

Yolk Brands acquires 1762

The eatery joint joins Pickl and BonBird in the group

President Mohamed talks to President Assad

UAE President receives Syria’s Bashar al-Assad

The UAE President drew attention to the need to make all available efforts to facilitate the return of Syrian refugees with dignity to their country

Oil

Oil spread slumps most since January

High US exports have also contributed to ample levels of supply

Carsten Sonne-Schmidt, CEO of Digital Energy

SME story: Interview with Carsten Sonne-Schmidt, CEO of Digital Energy

We are currently partnering with global industrial service and supply chain providers to disrupt business models in the energy sector

Bitcoin

Bitcoin breaks above $28,000 for first time since June

Since the start of the year, Bitcoin’s price has risen almost 70 per cent

SRC Alrajhi Bank Signing ceremony

Saudi’s SRC, Alrajhi Bank sign landmark refinancing deal

The deal is the largest of its kind signed in the Saudi banking industry

UAE and Georgia sign CEPA

UAE, Georgia sign comprehensive economic partnership agreement

The UAE now accounts for more than 63 per cent of the total volume of Georgia’s trade with Arab countries