NEOM and leading superyacht maintenance company, MB92 Group, have announced a partnership to establish a 10,000 square-meter repair facility for yachts at NEOM’s luxury island and yachting destination on the Saudi water of the Red Sea, Sindalah. The partnership aligns with the imminent opening of Sindalah during 2024 and will be the first of several yacht repair centers in NEOM, responding to the anticipated growth of visiting and resident …
The UAE-based defense technology company EDGE Group said Friday it has acquired a 50% stake in Brazilian smart weapons specialist SIATT without providing specific details about the terms of the deal. Brazilian market The deal follows a cooperation pact between the two companies in April and is a part of EDGE's co-development deal with the Brazilian Navy on advanced anti-ship missile tech under the MANSUP project, where SIATT contributes guidance,…
The UAE has maintained its position as the most innovative Arab country in the Global Innovation Index (GII) 2023, issued by the UN’s World Intellectual Property Organization (WIPO) Wednesday, followed by Saudi Arabia and Qatar. Global Innovation Index Switzerland, Sweden, the US, the UK, and Singapore remained the most innovative economies in 2023, according to the annual ranking.....
Dooda Solutions' vermicompost products aim to enhance soil health as well as provide sustainable solutions for farmers. The following is a profile on one of the six startups that have been chosen to be in the second edition of PepsiCo's Greenhouse Accelerator Program: MENA Sustainability Edition- an annual program to support regional entrepreneurs or startups that are tackling a variety of climate-related challenges. Stunted plant growt…
Award-winning attraction to feature stunning arrangements of over 150 million natural flowers of more than 120 varietiesSmurfs-themed exhibits get a boost with even more enchanting features and displays this seasonThis year's edition boasts an expanded fleet of retail and F&B offerings and additional seating areas throughout the garden ‘Floral Tunnels’ features again a brilliant display of flowers, water-themed attractions an…
Luce offers private beach access to pristine white sands, exclusive lifestyle amenities, spacious two-, three- and four-bedroom apartments with sea views on Dubai's Palm Jumeirah. Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has announced the start of the construction phase for its residential property, Luce, on Dubai's Palm Jumeirah.....
Part of UAE-based master developer Arada's growing portfolio of brands, Wellfit seems to be proof that an immaculately run fitness business is not just good for its members' well-being, it's also healthy for the bottom line as well. Dubai's Jumeirah Village Circle (JVC) district might seem like an unlikely venue for a startup revolution, but it was here in November 2021 that the UAE's newest fitness brand, Wellfit, opened its first club. At …
Celebrating International Coffee Day on 1 October, Emirates highlights the wide array of artisan coffee served in Emirates lounges and onboard flights to 140 destinations around the world. Emirates serves more than 17 tonnes of coffee onboard every year, and works with a range of suppliers including Lavazza, Coffee Planet, the Nairobi Coffee and Tea Company, and a host of independent suppliers globally. As part of the meal service, Economy and Pr…
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, is partnering with Monaco Marina Management (M3) to establish RSG’s Amaala Yacht Club as one of the world’s premier yachting destinations. The partnership with M3, privileged partner of “La Belle Classe Destinations”, a certification owned and operated by the world-famous Yach…
Dubai Electricity and Water Authority has signed an agreement with Dubai Media Incorporated (DMI) to promote effective partnership and collaboration. This serves the strategic goals of the two parties and provides added value to their national role to keep pace with new developments in the UAE and the Emirate of Dubai. The signing of the agreement was during the 21st edition of the Arab Media Forum (AMF). DEWA participated in AMF as the Sustainab…
- Premium Economy to be introduced on Emirates’ A380 service to São Paolo from 19 November, representing the first in Emirates’ Latin American network - Tokyo Narita becomes Emirates’ first point in Japan and second in its Far East network to offer the enhanced experience, to be deployed daily from 20 December - Newly-retrofitted A380 aircraft features 484 seats with refreshed interiors across all cabins and renowned sign…
Al Tayer Unveils Dubai Autonomous Transport Zone as theme for the 4th Challenge His Excellency Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), unveiled the theme for the next, fourth edition of the Dubai World Challenge for Self-Driving Transport 2025, which will focus on designing ‘Dubai Autonomous Transport Zone’. The initiative involves creating a …
- DMCC Crypto Centre and global crypto exchange Bybit to hold ‘largest-of-its-kind in MENA’ hackathon on 22 November 2023 - Coders and technical specialists will chase USD 100,000 prize pool through competition focused on artificial intelligence, gaming and information security Applications are now open via https://i.bybit.com/IabbYaT DMCC – the world’s flagship free zone and Government of Dubai Authority on commoditi…
- Luxury mountain tourism destination set 3,015 meters to be created above sea level on Saudi Arabia's highest peak - Aims to offer high-end luxurious hospitality services to over two million visitors throughout the year by 203 Saudi Crown Prince Mohammed bin Salman has launched the masterplan to develop a new project in the mountainous region of Soudah to present a new face of luxury mountain tourism....
Egypt’s petroleum ministry announced an international bid round for oil and gas exploration in 23 new areas, it said in a statement Monday. Oil and gas exploration The bid comprises 10 areas in Egypt’s Western Desert, two in the Eastern Desert, seven in the Gulf of Suez, and four areas in the Red Sea, it added....
QatarEnergy said Tuesday it signed a 10-year naphtha supply agreement with Marubeni Petroleum, a subsidiary of Japan-based trading and investment giant Marubeni Corporation, building on a five-year naphtha sales deal signed in 2018 that expires in September this year. New deal Marubeni will receive a supply of up to 1.2 million tons per annum of Naphtha starting from October 2023, according to QatarEnergy.....
Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council, the third edition of the Dubai World Congress for Self-Driving Transport is set to kick off, Tuesday, 25th of september 2023, at the Dubai World Trade Centre. The event is the first of its kind in the Middle East, and this edition is held under the theme: "Empowering Mobility 4.0." The opening day of the …
Marriott International, Inc. announced it has signed an agreement with NEOM to open two luxury properties in Trojena, NEOM’s mountain destination located in the north-west region of Saudi Arabia. The agreement includes Saudi Arabia’s first W Hotel, and a JW Marriott property. “We are excited to work with NEOM to develop these two exciting properties in one of the most highly anticipated developments in the world,” said Cha…
Riyadh-based Lumi Rental Company made a strong debut on the Saudi Exchange Monday, trading 30% higher following the completion of its initial public offering (IPO) worth $290 million. Lumi IPO On its inaugural trading, Lumi shares surged by 30% to reach $22.9 (SAR 85.8), surpassing the IPO price of $17.6 (SAR 66) as of 01:38 pm GST Monday.....
These newly established partnerships are poised to achieve the objectives of the Future 100, which include enhancing readiness for the future, solidifying the UAE's status as a hub for new economy companies, creating a conducive environment for the growth and prosperity of these enterprises, and expanding opportunities for their local and global development. Future 100, an initiative by the UAE Ministry of Economy and the Governmen…
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), welcomed HE Ali Mohammed Al Balushi, Attorney-General of the Emirate of Abu Dhabi. The meeting aimed to enhance cooperation between the two sides and exchange expertise in various aspects of excellence, innovation, and digital transformation as well as highlight DEWA’s best practices and global experiences in these vital areas. “DEWA is keen to d…
Saudi Arabia’s economy is poised to benefit from the increasing number of working women as the Kingdom’s Vision 2030 initiative, aimed at enhancing female employment, has begun to demonstrate its potential economic impact, as outlined in a recent report by S&P Global. The study showed significant progress in expanding the female workforce in Saudi Arabia, reaching 36 percent of the total human c…
sirar by stc, the cutting-edge cybersecurity provider and one of the stc group subsidiaries, an engine of digital transformation in the region, has been ranked 1st in the Middle East and North Africa and the 11th position globally in MSSP Alert's Top 250 Managed Security Service Providers for 2023 list. This recognition comes from extensive research conducted by the esteemed CyberRisk Alliance. Among the illustrious companies sharing this global …
UAE-based fuel and convenience retailer ADNOC Distribution announced Saturday the opening of its first three branded service stations in Cairo, Egypt, as part of its international expansion plans. Plans in Egypt ADNOC plans to launch another four to six stations this year in Egypt, said CEO Bader Saeed Al Lamki in a statement....
It's important growing startup ecosystems like that of the KSA foster an open narrative around mental wellbeing for entrepreneurs. From the start of their journey, entrepreneurs are empowered -and, ultimately, expected- to achieve stratospheric success. The prevailing narrative perpetuates that by seizing the opportunity, and doing what they love, entrepreneurs can overcome all obstacles to achieve great things, while maintaining picture-perfect …
The global recognition reinforces Dubai's leadership in the maritime shipping industry Sultan bin SulayemDubai’s ability to maintain its high ranking reflects its progress in enhancing the competitiveness and efficiency of its maritime sector Saeed bin AhmedDubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centresDubai has maintained its ranking among the top five global mar…
DMI’s strategic development is aligned with Mohammed bin Rashid’s vision to raise Dubai's media industry competitiveness to a level that is commensurate with its status as a global economic hub and Arab media capital Ahmed bin Mohammed- “In devising DMI’s new strategy, we have placed the highest importance on nurturing young, highly competent national leaders who can steer development initiatives and lay the foundations fo…
- Future of Trade report examines lab-grown diamond industry and surging opportunities in the tech sector - Report outlines recommendations to drive industry evolution as discussed during the inaugural LGD Symposium held in Dubai in July - Building upon its leading position in the diamond industry, growing the LGD market segment remains a major focus for DMCC - Full report can be downloaded here: www.futureoftrade.com DMCC releas…
Saudi Arabia’s Vision 2030 is paving the road for a better future by implementing transformative projects across the Kingdom. These projects aim to integrate advanced technologies and sustainable practices, ultimately enhancing the standard of living and quality of life for residents. These projects, including Sports Boulevard, New Murabba, Qiddiya, and King Salman Park, are part of Saudi Arabia’s Vision 2030.....
In a significant move toward economic diversification and revolutionizing the national transportation landscape, the Economic Cities and Special Zones Authority has granted Lucid Motors a permit to operate a manufacturing unit in King Abdullah Economic City. A ceremony was organized at the authority’s offices in KAEC to mark the development, according to an official press release....
Hosted at Dubai Chambers’ headquarters, the second quarterly roundtable meeting brought together members of Business Groups and Business Councils to strengthen advocacy efforts. “Business groups and councils form an essential part of the business community ecosystem and represent a key pillar of our efforts to foster a supportive, enabling, and world-class business environment in Dubai that promotes innovation and drives private secto…
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, announced its first residential offering ‘DIFC Living’ has fully sold out at record pace, reaffirming the strong demand for residential property at the heart of DIFC, further elevating the destination’s lifestyle offering. The first residential project by DIFC to open for sale, DIFC Living w…
With reference to the inquiry about the authenticity of the news circulated about the ban of 22 Lipton products by the State of France because they contain an insect (Lasioderma Serricorne). The following is the Food Safety Department’s response to this inquiry: Dubai Municipality confirms that Lipton Products traded in the local markets are free from this insect infestation and that they are suitable for human consumption. Contact has also…
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, is celebrating the first flight to its Red Sea International Airport (RSI), which touched down on the new runway earlier today (21 September 2023). Departing from King Khalid International Airport (RUH) in Riyadh each Thursday and Saturday, The SAUDIA flight, which takes under two hours, m…
Ovasave is a tech platform that offers a variety of solutions for women to access seamless, integrated, and digitally-enabled fertility and egg freezing consultation services. Established in Abu Dhabi in July 2022, Ovasave is a femtech startup that is on a mission to empower women to understand and take control of their fertility. "We are driven by a strong vision to support women throughout their entire egg freezing journey, starting f…
NoorNation's flagship product is LifeBox- a solar-powered mobile solution that offers clean electricity and safe water simultaneously for farming businesses. The following is a profile on one of the six startups that have been chosen to be in the second edition of PepsiCo's Greenhouse Accelerator Program: MENA Sustainability Edition- an annual program to support regional entrepreneurs or startups that are tackling a variety of …
The Roads and Transport Authority (RTA) in the Emirate of Dubai launched a new generation of 32 smart kiosks with advanced features and modern designs to improve ease of use and provide its services round the clock to all including people of determination, to achieve its strategic goals of enhancing customer happiness. The kiosks are installed in 21 locations, including RTA’s main building, customer happiness centres, main service pro…
Emirates is rolling out the red carpet to welcome experienced Airbus captains, as the airline continues to expand its all wide-body fleet while enjoying exceptional demand across the network. The airline is now inviting applications from seasoned commanders to join its Direct Entry Captains programme for its fleet of Airbus A380s. Emirates has launched a recruitment drive globally. Interested pilots and their families can join an online info…
- As part of its flagship Made For Trade Live roadshow, DMCC visited cities of Shenzhen and Hong Kong to showcase Dubai’s integrated business ecosystem and DMCC’s attractive offerings - MoU with HKME to promote innovation and bilateral trade, contributing to China’s Belt and Road Initiative - Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, received Extraordinary 40 Award at the Jewellery & Gem Worl…
- The partnership brings the world-famous adventure and survival brand to Saudi Arabia. - Collaboration is aligned with RSG’s commitment to offer inclusive and sustainable adventure experiences for all. Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has announced it is to become the exclusive agent for Bear Grylls Survival Academy (BGSA) br…
As part of its global initiative aimed at building trust and assuring the integrity of its solutions and processes, Kaspersky opened its first Transparency Center in Riyadh on Sunday. It is the first-of-its-kind facility the multinational cybersecurity company has launched in the Middle East.....
Saudi Arabia’s private sector has seen a 45 percent increase in average wages over the past five years, driven by the growth and economic reforms initiated under the Kingdom’s Vision 2030 programs according to a report from the National Labor Observatory. The data reveals that average wage in the private sector surged from SR6,600 ($1,759) in 2018 to SR9,600 in 2023.....
The chamber hosted a special webinar to introduce more than 150 participants to the benefits of uTap, a new digital payment solution launched by etisalat by e&. “Establishing partnerships with leading business enablers forms an important pillar of our efforts to support and boost the competitiveness of SMEs in Dubai. This special session comes as part of our drive to achieve our strategic priorities and further enhance the emirate&rsquo…
Emirates has partnered with the Beirut Basketball Club as its Official Airline and jersey sponsor for the next three seasons. The deal underscores the airline’s long-standing commitment to supporting basketball in Lebanon, where the sport is hugely popular, and across the region, connecting with fanbases that cut across geographies and sharing their love for the game. To celebrate the partnership, Emirates and the Beirut Basketba…
Dubai Future Academy (DFAc), an initiative led by Dubai Future Foundation (DFF), will host 10 specialist courses and programs in the coming four months. The courses are part of a capacity-building drive targeting mid to senior management government employees, with top local and global experts, speakers, and future shapers participating. The courses will empower more than 500 participants with crucial skills and tools for foresight and future shap…
- DPC announces ENOC Group as Energy Partner, Dubai Chambers as Main Partner, and Emirates NBD as Banking Partner - AMF 2023 is being held under the patronage of Mohammed bin Rashid from 26-27 SeptemberThe Dubai Press Club (DPC), organiser of the Arab Media Forum (AMF), today announced the key partners of the 21st edition of the event, which is being organised under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice Preside…
RTA’s Dubai Taxi Corporation (DTC) has equipped its taxis and school buses with automated engine fire suppression equipment. The move underscores DTC's commitment to fitting the fleets with systems matching the top safety practices and standards. Mechanism “This automated pneumatic fire detection tube system has been developed for the safety of our clients and drivers as well as the protection of our assets. The new system…
- Partnership encompasses 30 routes operated by both airlines - Emirates customers can travel to two new points in India and Gan Island in Maldives via Colombo with seamless connectivity and baggage transfers - SriLankan customers can travel with Emirates on 15 routes across the Middle East, US, and more with smooth connections in Dubai Emirates and SriLankan Airlines have signed a reciprocal interline agreement to boost connectivity for pa…
