The Arabian Gulf’s role as a hub for philanthropy is only set to grow
Author Archives: Matthew Amlot
Arabian Business
Nominations open for AB KSA Women Excellence Awards 2023
The programme aims to honour inspiring and influential female leaders in Saudi Arabia
anxiety
CEOs face global ‘crisis’ of mental health, higher risk of drug, alcohol abuse: Expert
There aren’t enough specialists to treat leaders struggling with mental illness, an expert warned
Abbas Sajwani
Dynasty
Rampaging startup, high-class luxury, and one of the biggest developers in Dubai: Welcome to the world of Abbas Sajwani and AHS Properties
Arabian Gulf ‘massively important’ to future of UK, says British minister
The minister’s comments came during his first international visit in the role
10-year visa in UAE
UAE Golden Visa announcement: Online quiz revealed to check eligibility in 2 minutes
The test will help users understand if they are eligible to receive a Golden Visa
ADIPEC
Watch: Efficient energy takes centre stage at ADIPEC 2022
Achieving sustainable goals under the microscope
Dubai hotels
Revealed: Top 10 most powerful hotel bosses in the UAE
Hotels in Dubai and Abu Dhabi were well represented in the power list
5ire.org
Blockchain unicorn 5ire.org secures new funding
Indian giant begins roll out of new products
e-bikes
Palm Jumeirah’s Nakheel Mall sees rise in scooter thefts
Residents report several scooters stolen outside new mall
Artificial intelligence
UAE, India can increase global footprint through commerce, says Omar Al Olama
The UAE minister also there were multiple areas for bilateral cooperation, besides immense scope for collaboration between start-ups in both countries
Amazon
Saudi authorities discuss investment, cooperation plans with Amazon, Thales Group
The meetings took place on the sidelines of the 6th edition of the Future Investment Initiative, held in Riyadh from 25 to 27 October
Capital Markets
UAE Financial Markets Association signs pact with ICMA to boost bilateral cooperation
The agreement also covers exchange of expertise and information on regulatory developments and international best practices in the financial markets sector
cost of living
Saudi Arabia capped local gas prices in bid to protect economy, Minister of Finance Mohammed Al-Jadaan says
The decision was taken in anticipation of global economic uncertainty, the minister said
bilateral economic relations
UAE is Egypt’s top investor with $4.6 billion in first nine months of 2022
The Egypt-UAE joint strategic investment platform, launched in 2019, attracted investments to the tune of $4 billion out of the targeted $20 billion
airline industry
Saudi Arabian Airlines buys 100 electric planes as kingdom pushes to hit sustainability goals
The planes will be used for Saudia’s domestic network
FIFA
Oman opens visa submissions for World Cup fans with Hayya Card heading to Qatar
The World Cup visa will be valid for 60 days
Aramco
Saudi energy giant Aramco announces $1.5bn sustainability fund
The fund will be one of the world’s largest sustainability-focused venture capital funds
Kuwait
Over 23,000 expats deported by Kuwait in 2022 so far: Report
The expats were deported for involvement in criminal cases and misdemeanours
Elon Musk
Twitter shares surge as Elon Musk revives buyout bid: Report
Sources indicate the billionaire’s offer remains at $54.20 a share
Bollywood
Shah Rukh Khan paid $4m for Burjeel Hospitals promo
Bollywood icon appointed as brand ambassador
health and wellbeing
Five things to do when navigating a leadership position
Effective leadership in the age of a millennial workforce requires a generational change in methods
arabian business ksa excellence awards
Arabian Business KSA Excellence Awards: Celebrating the very best of Saudi Arabia
The awards programme will honour the best in business from across the kingdom
DJ Bliss
Netflix’s Dubai Bling cast DJ Bliss says he’s owed $20,000
Star of new show says he is owed money
DJ Bliss
Farhana Bodi, DJ Bliss, Ebraheem Al Samadi to star alongside Kris Fade in Netflix’s Dubai Bling
Ten millionaires are set to star on the show, releasing on October 27
Dubai
Exclusive: Kris Fade to star in new Netflix reality TV show Dubai Bling
The new trailer was released today, with the show set to air on October 27
airline business
Saudi Arabia plots third global airline at NEOM, alongside RIA, Saudia
Carrier would capitalise on international tourist markets with direct flights to city
king charles iii
UK King calls passing of Queen Elizabeth II ‘the greatest sadness for me and all members of my family’
The statement was made shortly after Queen Elizabeth II passed away on Thursday night
British monarch
Queen Elizabeth II passes away at age 96
The British monarch passed away after a reign lasting over 70 years
British monarch
UK National Anthem to change after Queen’s death
The country’s National Anthem will feature a change in wording to reflect the new reigning King
British monarch
Queen Elizabeth II: A history of the UK’s longest reigning monarch
Ascending to the throne in 1952, the Queen served as the British monarch for over 70 years
british royalty
Senior royals rush to be with Queen Elizabeth II as health worsens
Queen Elizabeth II under medical supervision
Apple
Apple reveals new iPhone 14 in bigger sizes, new iPhone 14 Pro
iPhone 14 comes in a new range of five colours and features improved battery life
Apple Watch
Apple unveils new watch with car crash detection sensor, new AirPods Pro
The launch was made alongside the announcement of the iPhone 14
Accident
Man dies in accident in Margham area in Dubai
An investigation is underway, the UAE’s General Civil Aviation Authority said
Doha
Football fever: Staying in Doha could cost $42,000 per night for FIFA World Cup Qatar 2022 final
Booking prices in Doha have skyrocketed throughout the mega-tournament, although thousands are expected to fly from surrounding GCC nations for one-day trips
climate action
Climate action: Big cities and big tech urgently need an engaging consumer proposition
Current global commitments are not strong enough if we are to limit global warming to 1.5°C above pre-industrial levels
British pound
Value of pound sinks again, fears of parity with dollar
Collapse will affect British holiday makers to Gulf
Dubai
The culture of venture capital
Alex Bertha of Signal Peak Ventures (SPV) Utah and Rupert Tait, Co-founder of Dubai-based Procurified, discuss the culture of VC in the Middle East’s city of opportunity
Bitcoin
What role does bitcoin play in the sustainability debate
Solving the environmental impact of Bitcoin will be key for the cryptocurrencies long-term success
Jeddah
Exclusive: Saudi Arabia to launch new airline ‘RIA’ with $30bn war chest to rival Emirates
The airline, which has yet to appoint a CEO, is part of the kingdom’s $100 billion bet on tourism, and is set to launch in Q4
Dubai
Online fashion shoppers in UAE on the rise, to cross 20 percent market share, says new study
Within the e-shopping segment, fast fashion brands are scoring a march over mass and premium brands – both in terms of awareness and purchases, revealed the study by RedSeer Strategic Consulting
blue ammonia
QatarEnergy, QAFCO to build the world’s largest blue ammonia facility
QAFCO will operate the new plant, which will produce up to 1.2 million tonnes per annum; Ammonia-7 Project expected to commence operation in the first quarter of 2026.
driving licence renewal
RTA set to open UAE driving licence renewal service at Dubai International Airport
By offering services at new locations that meet the needs of clients, RTA hopes the initiative would raise the customers’ satisfaction level
money laundering
FSRA imposes heavy fine on Wise for breach of anti-money laundering requirements
The financial regulator at Abu Dhabi Global Market says even though it did not lead to money laundering, it found Wise to contravene several key AML rules
ataa
Saudi Arabia launches Attaa digital hackathon in Egypt
The event is for training of cadres and capacity building, besides motivating young people to share their ideas and compete to present solutions and proposals to serve the communities
Abu Dhabi
ADGM signs pact with emirate’s residence office to promote golden visa programme
The agreement also envisages ADGM providing ADRO access to a comprehensive list of global companies so that it can provide exclusive benefits for the Abu Dhabi Golden Visa holders, such as investors and entrepreneurs
cepa
DGCX signs 5-year pact with India-based FinMet for launching new gold products
The pact assumes significance in view of India launching a new international bullion exchange allowing gold traders to import gold from Dubai and other centres, as also the UAE-India CEPA which allows duty concessions for bilateral export and import of the yellow metal
Egypt
Production at Egypt’s Zohr gas field jumps to record 2.7 billion cu/mt per day in 2021-22
Investments to the tune of $741 million were made in the gas field in the last fiscal to augment production, taking the total investments in the Zohr facility to over $12 billion
Green Energy
World green energy summit in Dubai discusses need for green urbanism, sustainable city models
The two-day summit, organised by Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organization (WGEO), saw participation of several heads of states, senior officials, representatives of government organisations, media professionals, experts, and academics
Dubai
Empower produces hot growth numbers with its cooling business
The company, which is an IPO target for Dubai, said the number of buildings served by its district cooling system grew 13 percent from last year, and 41.3 percent in the past five years