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UAE President wipes out over Dhs536.2m debt for Emiratis

The non-performing debt relief fund has announced that 17 banks and financial institutions have waived the obligations

Singapore’s Clean Earth Technologies signs MOU with Dubai-based MCT Group

The MoU will see both parties enter a working relationship in the interests of locally manufacturing and supplying CET’s safer, more environmentally responsible technologies

HeatherMcGregor

Insights: Why women make natural entrepreneurs, but rarely get funded 

Harnessing the potential of women entrepreneurs is crucial for economies that are sustainable and inclusive

Volocopter-NEOM-OXAGON_rendering-scaled

NEOM invests $175m in urban air mobility provider Volocopter

Electric air taxis are a key component of NEOM’s strategy to implement a sustainable and seamlessly connected multi-modal mobility system totally powered by renewable energy

Aramco, IBM aim to establish innovation hub in Saudi Arabia

The collaboration aims to support the kingdom’s economic growth, leveraging emerging technologies in hybrid cloud, AI, and quantum computing

ADGM turns 7

Abu Dhabi Global Market celebrates seventh anniversary

To mark the event, ADGM chairman Ahmed Jasim Al Zaabi took a special tour to meet the international and local entities located at the financial centre

Renjan George and Sabu Thomas of DVCOM on the last day of GITEX

Gitex Africa: Dubai tech firm DVCOM is ready to launch global collaboration solutions

Gitex Africa will take place in Marrakech, one of the Morocco’s largest cities from May 31 to June 2, 2023

Ring

Home security company Ring signs Mindware as distributor for UAE and Gulf

Mindware will work with Ring to provide product support across the region, via product training and joint customer visits

Insights: Ireland’s growing influence in the Middle East

The relationship with Ireland is strong and enduring at both a Federal and Emirate level

tech trends

Top three tech trends shaping the future of businesses

Businesses must look out for impending technology trends to ensure they are in sync with customer exigencies

2022: Autodesk kicks off annual design and make conference

Speakers from Autodesk and organisations such as the City of New Orleans, Harvard Business School, British Antarctic Survey and Amazon Studios will share insights on achieving better outcomes

Air Arabia Egypt launches new route between Alexandria and Medinah

The direct flights, commencing on October 31, will connect Borg Al Arab Airport and Prince Mohammad Bin Abdulaziz International Airport

netflix-mac

Netflix eyes $7-to-$9 price for its new ad-supported plan

Netflix plans to introduce its new cheaper option during the final three months of the year in at least a half dozen markets

New generation UAE passport to be issued from Sept 1

UAE to issue new generation of Emirati passports from September 1

The passports of the previous generation are considered valid and their holders can use them for travel until the expiry date of the passport approaches

Whatsapp new privacy features

WhatsApp’s three new privacy features and how they work

The three news features include the ability to hide your online status, exit groups silently and block screenshots for ‘view once’ images

Abu Dhabi property outlook Bayut & dubizzle

Abu Dhabi residential sales prices rise, rental costs drop in H1 2022: Bayut & dubizzle

Potential investors and buyers have shown an inclination toward family-friendly suburbs such as Al Ghadeer and Al Reef

Gemological Institute of America DMCC

Gemological Institute of America to set up laboratory in Dubai’s DMCC

The new lab, set to open in mid-2023, will be based out of two floors in Uptown Tower as part of a nine-year deal

Erich Dietrich from NYU AD

Transforming youth skills for the future at NYUAD

Highlighting the importance of World Youth Skills Day, Erich Dietrich, academic director of the Sheikh Mohamed bin Zayed Community Programs, NYU Abu Dhabi, sheds light on how the university is promoting leadership and critical thinking skills among its students

UAE presents National Report on Spent Nuclear Fuel, Radioactive Waste Management

UAE presents national report on nuclear fuel, radioactive waste management

The report describes the legislative and regulatory measures taken by the UAE to meet its obligations in relation to the Joint Convention held in Vienna

saudia

Saudi Arabian Airlines and American Express partner on miles redemption programme

All American Express Saudi Arabia card members can transfer two Membership Rewards points in exchange for one AlFursan mile

Prince Alwaleed

Key Twitter investor Prince Alwaleed rejects Elon Musk’s bid

Twitter’s shares fluctuated on Thursday as investors weighed news of the offer

UAE’s EGA and Saudi’s Ma’aden extend technology cooperation

Ma’aden and EGA will additionally consider cooperation on the management of by-products from processes in the aluminium value chain, and aluminium recycling

World Government Summit 2022: Dubai announces plan to enter metaverse

The metaverse could provide nearly $800bn in revenue by 2024

Talabat UAE to launch first ‘Road Safety Week’ to protect its riders

Talabat has increased its rider trainings and awareness campaigns based on rider feedback and concerns shared by the authorities and communities

Google Apple

Google announces $10m fund to support Palestinian graduates, tech entrepreneurs

The new initiative builds Google’s existing work around skilling and career development

Abu Dhabi’s Khalifa Fund and noon payments to support local SMEs

Through the partnership, noon payments will offer SMEs extra support with zero setup costs, reduced monthly fees and access to advanced gateway features

Flooss, a new digital payment platform, launched in Bahrain

Mastercard has partnered with Payment International Enterprise to launch Flooss across Bahrain and the region

Abu Dhabi’s Taqa Group reports net income of Dhs6bn for 2021

The group’s revenue was Dhs45.7bn, 11 per cent higher than the previous year

UAE’s ADQ, Alpha Dhabi, Etisalat and FAB to launch next-gen banking platform

Wio will offer customers in the UAE a fully digital banking choice with tailored products and services to meet their lifestyles and needs

ADNOC announces $548m contract for a new main gas line at its lower Zakum field

ADNOC Drilling announces net profit of $604m for 2021

Revenue for the full year was $1.14bn, up 6 per cent over 2020, largely driven by new rigs and rig reactivations