Air Arabia Abu Dhabi

Air Arabia Abu Dhabi to launch direct flights to these Iraqi cities

The carrier currently serves a total of 31 destinations from Abu Dhabi International Airport

Web3 Delight

Saudi Arabia to host Web3 Delight in March

The event will take place on March 6 at Riyadh International Convention and Exhibition Center

Saudi

Saudi oil revenue drop rounds off year of $326bn windfall

The kingdom wants to use its energy windfall to accelerate projects that contribute to weaning it off a reliance on oil

Reno8 T

Check out what’s new in OPPO’s Reno8 T 5G

The Reno series will be available from February 28 across the region

Freshtohome

FreshToHome raises $104m with Amazon as lead investor

Investment represents Amazon Smbhav Venture Fund’s first direct foray into the D2C branded food space

NASA announces new launch date for space mission carrying UAE astronaut

NASA reveals new launch date for mission carrying UAE astronaut

The six-month long mission will include several scientific experiments and research endeavours

Deals worth $3.44bn inked on first two days of IDEX and NAVDEX 2023

Deals worth $3.44bn inked on first two days of IDEX and NAVDEX 2023

A total of 12 deals were signed with local and international companies on the second day of the exhibitions

SAWA Group and AD Gaming sign agreement photo courtesy AD Gaming twitter

AD Gaming, SAWA Group to develop Abu Dhabi’s gaming ecosystem

AD Gaming and SAWA group will help facilitate the international expansion of Chinese gaming and esports companies via Abu Dhabi

OPEC

Saudi Arabia says OPEC flexible and can adjust policy if needed

The kingdom’s energy minister reiterated that the group’s policies are determined by technical studies of market balances

DP World

DP World inks cooperation pact to spur Greater Caspian Region-Africa trade

The partnership will provide cargo owners with easy booking and shipment tracking via DP World’s SeaRates platform

Premier Inn Ibn Battuta Mall

Premier Inn MENA plans foray into Saudi Arabia in 2023

Premier Inn plans to launch a new, higher-grade room category in the Middle East, as well as more enhancements at its existing properties this year

Dubai Chambers

Dubai Chambers’ members rise by 20% in 2022, bringing the number to…

… 347,600, with 56,000 new members joining the chamber last year

Museum of the future turns one

Dubai’s Museum of the Future turns one, here are its key milestones

The Museum of the Future has welcomed more than a million visitors since it opened last February

Tesla Crash

Tesla fatal crash with fire truck draws US regulator inquiry

The Contra Costa county fire department said that a Tesla struck one of its trucks that was blocking lanes while responding to an earlier accident

Emirates Palace

Abu Dhabi’s Emirates Palace Hotel gets a new name

The beachfront property has been officially rebranded, and includes the region’s first vegan rooms

Dubai's DXB beats forecasts, welcomes over 66m passengers in 2022

DXB receives over 66 million passengers in 2022

December was the busiest month of the year, with 7.1 million passengers

Acer Chromebook

Acer Chromebook Vero debuts for education market

The brand has also introduced three new laptops for education with durability features ideal for school K-12 environments

UAE signs $1.22bn in deals on day one of IDEX and NAVDEX 2023

Deals worth $1.22bn signed on day one of IDEX and NAVDEX 2023

A total of 11 deals with signed, of which six contracts were awarded to local companies

DIFC aims to attract 50 hedge funds to Dubai photo courtesy Dubai Media Office twitter

Dubai’s DIFC in talks to attract 50 hedge funds

Dubai International Financial Centre is offering reduced licensing fees and capital requirements for hedge funds domiciling a domestic fund

ADGM signs MoU with Zand Bank

Abu Dhabi Global Market, Zand Bank join hands to support SMEs

The entities will jointly drive UAE national work placements and offer finance training, SME financing platforms, a fintech sandbox and corporate innovation programmes

Azerbaijan Banks Association - UBF sign MoU

UAE’s UBF, Azerbaijan Banks Association sign MoU to boost sectoral cooperation

The two parties will jointly organise workshops, training and awareness programmes to exchange knowledge and experience

Dubai’s DIFC registers highest revenue in history

Dubai’s DIFC registers highest ever revenue in 2022

The financial centre registered the highest number of new firms – totalling 1,084 – last year

Dubai's Emirates to invest $135m in new pilot training facility

Dubai’s Emirates to invest $135m in new pilot training facility

The new facility will be ready in 2024, and will have the potential to expand the airline’s pilot training capacity by 54 per cent annually

snapchat users

Snapchat is adding more users, topping 750 million a month

For the year through April 2022, the monthly count rose 20 per cent

Nintendo

Saudi Arabia becomes largest outside shareholder of Nintendo

The Public Investment Fund owns 8.3 per cent of the Kyoto-based company, according to its latest filing

Meta sells Giphy to Shutterstock.

Meta launches subscription service for Facebook, Instagram

Meta is testing the subscription product first in Australia and New Zealand, starting later this week

DFM and DWTC to host IPO summit in Dubai

Gulfood 2023: Over 5,000 exhibitors to participate this year

The 28th edition of the exhibition is being held at the Dubai World Trade Centre

Almarai

Saudi’s Almarai completes acquisition of International Dairy and Juice for $68m

The purchase was funded from Almarai’s internal cash flows

uae banks

Federal Tax Authority adds UAE Pass single sign-on feature to EmaraTax

The authority is encouraging FTA customers to use the new feature and activate their UAE Pass accounts to access the authority’s services quickly and seamlessly

Sheikh Hamdan approves new model for government excellence

Sheikh Hamdan approves new model for government excellence

The new government excellence model aligns with recent developments in government work mechanisms, including the ‘Services 360’ policy and the Dubai Future Readiness Index