Using data from professional networking platform LinkedIn, the Global Gender Gap Report by World Economic Forum (WEF) noted that women are “severely underrepresented” at the leadership level, holding only a fifth, or 20 percent, of leadership roles in the UAE.
Author Archives: Elza Meethu
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binance
Virtuzone partners with Binance to help reduce crypto payment barriers for business setups
This is part of Virtuzone’s move to advance the use of cryptocurrencies and blockchain technologies, creating further business opportunities with Web 3.0 in the UAE.
Abu Dhabi
Abu Dhabi’s Hub71 accepts 16 startups to join its tech ecosystem amid expansion push
This comes as part of the global tech ecosystem’s strategy for developing its cross-border programs for startups to operate and scale in other markets alongside “deepening market access to the UAE for founders based overseas”.
Egypt
Saudi’s Alfanar and SCZone launch $3.5 billion green hydrogen project in Egypt
This is in line with the Middle East Green Initiative launched by Crown Prince Mohammed Bin Salman and Alfanar’s trailblazing vision for the energy transition industry.
Aviation
Cathay Pacific to fly greener air cargo to achieve net-zero carbon emissions by 2050
The new carbon emissions calculator for air cargo works out the carbon emissions of shipments and the cost to offset them in a couple of simple steps.
Construction
Dubai developer URB unveils XZero City, a net-zero-carbon destination for Kuwait’s 100,000 population
Building eco-cities comes within the strategy of the Kuwait National Development Plan towards Sustainable Development Goals and Kuwait Vision 2035 enabling the next generation of sustainable cities for a greener circular economy.
India
Apple plans manufacturing iPhone 14s in India as it seeks alternatives to China
Apple has long been producing its devices from China, but recent geopolitical developments have pushed the company to seek alternatives
Aviation
Kuwait’s Jazeera Airways to operate shuttle flights for FIFA World Cup fans
The tickets for tournaments can be booked through the official website of Jazeera Airways in early September with flight schedules to be announced.
Energy
Saudi Arabia’s SPARK to build $10 million manufacturing facility in localisation push
This is line with the Kingdom’s sustainability and clean energy strategies for Vision 2030 to drive diversification and enable localisation within the goals of Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) program.
Ajman
UAE Ministry of Culture and Youth, Ajman municipality team up to raise emirate’s ‘cultural profile’
Supporting Emirati artists to participate in art projects locally and internationally, this will involve organising art events as part of the Ajman Art Project alongside raising cultural awareness among the youth
BMW
Motorsports carmaker BMW M revs testing for fully electric high performance cars
Setting more ambitious targets and releasing attractive models, the purely electric drive system is combined with innovative control systems to redefine the combination of dynamics, agility and precision.
5G
UAE leads Gulf in 5G download speed: report
The GCC 5G Experience Benchmark studied smartphone users’ 5G experience when using the 5G network for mobile video streaming, multiplayer mobile gaming, and voice app communication
inflation
Turkey shocks the world with 100-point rate cut despite soaring inflation
Lira drops 0.9 percent against the dollar after central bank defies conventional thinking and reduces policy rate despite inflation at a 24-year high
4IR
‘Touchless technology’ to transform $1 trillion megaevent industry: report
Cities hosting megaevents will have crowd-tracking sensors to collect real-time data, mixed reality and metaverse as part of an industry contributing $1 trillion to the global economy, reports WGS
A380
How Emirates is spending the $2 billion investment for its A380 and B777 retrofit project
The project is set to begin in November as part of Emirates’ multi-billion dollar investment in its inflight customer experience.
Dubai RTA
Dubai’s RTA equips ‘back to school’ fleet with upgraded GPS tracking and emergency measures
Dubai Taxi Corporation and the emirates’ Roads and Transport Authority said they hope the safety measures will encourage more students to take the bus as it fits with their strategic objectives aimed at bringing a positive impact on the community and increase Dubai’s “happiness score”.
GCC
More Indian workers move to the Gulf after Covid-induced ‘reverse migration’
UAE is the top destination for Indian workers abroad ahead of Saudi Arabia, Qatar, the US and Oman
Bank of England
UK records 40-year high inflation at 10.1 percent amid soaring cost of living
The rise in inflation intensified largely due to increase in food prices, household spending, including surge in market prices of electricity, gas and petrol.
Abu Dhabi
Abu Dhabi Airports inks pact with federal authority to boost service quality
The agreement envisages the emirate’s airports adopting best practices in areas of security, safety and air transport
American Airlines
Boom’s order book keeps growing as American Airlines becomes latest customer for supersonic jets
The company’s Overture jet, which is expected to fly from New York to London in 3.5 hours and at $5,000, secures its third customer
Anghami
Anghami subscribers surge as Spotify rival focuses on Arabic content
Anghami also signed deals with Rotana Music, Saudi Arabia’s MBC Group, as well as Wajeez, which is an audiobook subscription service featuring Arabic content
Bangalore
Emirates introduces daily A380 service to Bangalore as travel demand soars
The daily flights to Bangalore from October 30 will boost frequency to meet high customer demand on the busy route
engineering and construction
FIFA World Cup venue Lusail Stadium receives top sustainability rating
This sustainability certificate is in line with the forward planning strategy of FIFA World Cup arena to transform the stadium into a unique community hub of schools, shops, health clinics and sporting facilities, all within the original exterior of the stadium even after the tournament
mobile phones
Samsung unveils newest Flip and Fold devices — flop or not?
A rundown of Samsung’s newest products unveiled recently
