As part of the agreement, Checkout.com has already integrated Tabby’s innovative Buy Now, Pay Later (BNPL) solutions into its platform
Industries
eSIM
Saudi Arabia and UAE shatter tourism records, fuelling eSIM adoption, says report
The GCC is seeing a sharp increase in eSIM activations, driven by the demand for instant, cost-effective, and hassle-free connectivity
E-commerce
Noon unveils massive Ramadan discounts with buy now, pay later, instant delivery
The marketplace announced prioritising convenience this Ramadan, with noon Minutes offering deliveries of groceries and home essentials in just 15 minutes
DFSA
DFSA to organise Regulatory Sandbox to enhance tokenisation in DIFC
Sandbox offers a regulatory pathway from experimentation to full authorisation; Firms are invited to submit an Expression of Interest before 24 April
Azizi Developments
EXCLUSIVE: Azizi reveals massive global expansion plan with ‘five to six’ towers in London, eyes Australia, Canada, France and Germany
While international expansion in underway – Azizi remains confident about both the local and global property markets, citing that Dubai’s ability to attract high-net-worth individuals (HNWIs) will continue to fuel demand
BYD
Chinese EV giant BYD launches 5-minute battery charging technology: Report
During tests on its new Han L sedan, BYD’s new battery and charging system provided approximately 400 kilometres of range in 5 minutes, according to Chairman and founder Wang Chuanfu, the report said
Saudi roads
Saudi Arabia offers 50% discount on traffic fines
Saudi Arabia urges motorists to take advantage of traffic fine discounts before April 18
Bitcoin
ATS Travel to accept payment in crypto after Payhound partnership
The travel agency claims to become the first in the Middle East to accept cryptocurrency as a form of payment
Abu Dhabi Department of Municipalities and Transport
Abu Dhabi plans affordable housing projects in bid to boost home ownership
Affordable real estate in Abu Dhabi to be boosted by new Value Housing Programme
UK
UK businesses eye Middle East investments
Businesses in the UK are increasingly looking to the Middle East as a destination for investment and expansion
anti-begging
UAE detects 1,200 digital begging cases as Ramadan scams surge
The UAE Cybersecurity Council advised against making donations through unverified social media accounts and stressed the importance of using only licensed organisations for charitable giving
Air France
Air France launches new Riyadh-Paris direct flight services
The new service will commence with three flights a week from May 20, with the frequency to be increased to five flights a week from June
Dubai
EXCLUSIVE: Dubai-based Yango Group launches $20mn fund to back regional tech startups
Tech firm targets 20x returns on early-stage investments in region’s fintech and SaaS startups
Abu Dhabi Securities Exchange
Borouge plans a buyback for up to 2.5% of its outstanding shares
The Abu Dhabi petrochemical company also seeks shareholders’ approval for final 2024 dividends of AED0.794 fils per share
Dubai Municipality
Dubai announces new planning rules to allow home extensions and add living space
Dubai Municipality introduces new planning rules to allow home extensions and updated building code
Dubai hotel
Dubai to add over 11,300 new hotel rooms by 2027
Dubai’s booming tourism sector will have more than 162,600 hotel rooms by the end of 2027
Sharjah real estate
Sharjah’s $6.8bn Waterfront project will add 8 islands, 36km of coastline, giant marina, mall and theme park to city
Sharjah Waterfront real estate project will transform the city and introduce new homes, jobs, marina, mall and theme park
