Network International’s half-year revenues reach $239m

Network International’s half-year revenues reach $239m

The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists

Air India to feature new logo

Air India unveils new logo, livery under Tata Group

Fliers will see the new logo starting December 2023, when Air India’s first Airbus A350 enters the fleet

DCT Abu Dhabi

DCT Abu Dhabi, Air France-KLM partner to boost connectivity

The partnership expands Abu Dhabi’s global connectivity through daily flights to Paris

Samsung Galaxy

Samsung unveils new Galaxy Z Fold5, Flip5 in UAE

The brand has consistently refined and optimised the Galaxy Z series lineup

Breaking barriers

Breaking barriers: Enabling innovation with global communications

The advancements in mobile communications, broadband and the internet, has transformed our lives and opened up new possibilities that were once unimaginable

Al Ansari Financial Services Q1 2023

Al Ansari Financial Services reports dip in profits for H1 2023

It attributed the drop in net profit to predominantly lowered remittance margins, higher costs as well as an increase in financing costs

ACWA Power H1 2023 results Image Acwa Power

ACWA Power H1 net profit rises 26% to SAR684m

Operating income — before impairment, loss and other expenses — for the six-month period stood at SAR1,289m

Etihad skydiving stunt

Behind the scenes: Etihad’s mid-air orchestra skydiving stunt, watch here

The stunt was released to celebrate the worldwide launch of Mission: Impossible – Dead Reckoning Part One

rice price

Soaring rice prices stretch budgets for billions in Asia, Africa

Rice contributes as much as 60 per cent of total calorie intake for people in parts of Southeast Asia and Africa

GCC wealth funds are new bankers to the world

GCC wealth funds are new bankers to the world: Here’s why

The sovereign wealth funds from Saudi Arabia, Qatar and the UAE appear to have become go-to investors in difficult times for the global markets

Proximie

SoftBank-backed Proximie launches virtual robotic-assisted surgery training course

The first observership programme will begin on October 16

Image credit: Twitter/ Virgin Galactic

Virgin Galactic flies its first private tourists to space: Watch

The suborbital ride from a New Mexico spaceport caps nearly two decades of development work for Virgin Galactic

Abesq Doha Hotel and Residences opens in Qatar (Image: Supplied by Abesq Doha Hotel and Residences)

Abesq Doha Hotel and Residences opens in Qatar

Located in the city centre, it features 283 rooms, suites and serviced apartments

Dubai Customs prepare for return travellers

Dubai Customs increases services as vacation travellers return to UAE

The customs authority has increased the number of inspectors working on shifts, deployed scanners, and advocated for the use of its proprietary app

MoIAT

MoIAT, Mohammed bin Rashid School of Government partner to empower local talent

MBRSG will extend academic assistance to the ministry’s personnel, along with introducing creative training initiatives and research schemes

Amazon

Amazon’s robot workers to help run Australia’s largest warehouse

The 209,000 square metre four-level fulfillment centre is due to be complete in 2025

China'es economy enters a delation period

China slides into deflation as consumer, producer prices decline

A prolonged property market slump, plunging demand for exports and subdued consumer spending are weighing on the economy’s recovery

CBUAE revokes licence of an exchange firm

CBUAE revokes licence of money exchange firm

The administrative sanctions are the result of findings which revealed serious regulatory misconduct

wealth management

Crypto exchange Bybit unveils wealth management product

It aims to deliver consistent returns through strategies and risk management, regardless of market conditions

Etihad Airways

Etihad Airways adds new destinations, more flights

The airline has also expanded options for passengers by offering more convenient departure times and increasing the frequency of flights to vital markets

Dubai Chamber attracts 69 startups in H1 2023

Dubai Chamber of Digital Economy attracts 69 startups in H1 2023

The chamber held meetings with multinationals, SMEs, startups and scale-ups during the first half of the year to showcase Dubai’s growth potential

US NSA Jake Sullivan in UAE

US National Security Advisor Jake Sullivan in UAE to meet President Sheikh Mohamed

The importance of joint action to ensure peace and stability in the Middle East was discussed at the meet

Emirates cabin crew

Dubai: Emirates cabin crew numbers cross 20,000

The airline represents a diverse team of over 140 nationalities with 130 languages spoken

ADFD Tanzania sign loan agreement Image ADFD

Abu Dhabi Fund for Development finances Dhs110m energy security project in Tanzania

The project’s financing will reduce energy import dependency, stimulate economic activities, develop existing industries and create job opportunities for the population

Samsung Galaxy Watch6

Samsung Galaxy Watch6 series specs and features: Smartwatch available for preorder

The new Galaxy Watch6 series provides personalised health guidance, design upgrades and an enhanced mobile experience

ADNOC Gas awards $3.6bn contract to boost gas processing

ADNOC Gas invests $3.6bn to boost gas processing capabilities

The project seeks to increase ethane extraction from the company’s existing onshore facilities in the Habshan complex

Ishraq Hospitality to enter Georgia (Image: Supplied by Ishraq Hospitality)

Ishraq Hospitality announces new projects in Georgia

Ishraq will manage the Crowne Plaza Batumi Beach Hotel and Batumi Hotel Apartments, both of which are scheduled to open in 2025

Zain group HQ in Kuwait

Zain Group reports net profit of 14% for Q2 2023

The mobile voice and data services operator reported that it served 52.7 million customers at the end of the period across seven countries

Oil prices near four-month high

Oil holds near four-month high as report sees US stockpile gain

Oil has rallied since late June following pledges by OPEC+ countries Saudi Arabia and Russia to cut supply

Anantara's eco-luxury resort

Anantara’s eco-luxury resort in Ras Al Khaimah to launch this year

The eco-luxury resort features 174 guest rooms, suites and villas, including the first over-water villas in the emirate