16 Muharram 1444 - 13 August 2022
    
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Eye of Dubai

Gulf Air and Ras Al Khaimah International Airport Sign on Commencement of Services to Ras Al Khaimah
Business & Money | Saturday 13 August, 2022 4:18 pm
Gulf Air, the national carrier of the Kingdom of Bahrain, in co-ordination with Ras Al Khaimah International Airport (RAK International Airport), will commence schedule services to Ras Al Khaimah on 3rd October 2022. The service will commence with a view to establish a year-round scheduled...
Dubai Electricity and Water Authority PJSC announces AED 12.08 billion revenue and 3.30 billion net profit in the first half of 2022
Business & Money | Saturday 13 August, 2022 4:16 pm
Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its second quarter 2022 financial results, recording quarterly revenue of...
Oil set for weekly gain despite price dip on demand concerns
Business & Money | Saturday 13 August, 2022 4:09 pm
Oil prices fell on Friday, held down by recession fears clouding the demand outlook, but remained on track for a weekly gain. Brent crude futures were down $1.33, or 1.3 percent, at $98.27 a barrel by 1225 GMT while US West Texas Intermediate crude fell $1.51, or 1.6 percent, to...
Homegrown Pedalo Gelato Extends its Delivery Footprint
Business & Money | Friday 12 August, 2022 12:33 pm
The homegrown brand has extended its delivery footprint in Dubai to include Jumeirah, Umm Suqeim, Satwa, Downtown Dubai, Sheikh Zayed Road and Business Bay. Customers in these areas can now purchase Pedalo via major delivery platforms including Deliveroo and Talabat. From signature flavours...
NMKR AND NEWTEK HOLDINGS SIGN AGREEMENT TO BRING REAL LIFE ASSETS INTO WEB3.
Business & Money | Friday 12 August, 2022 12:31 pm
 Leading blockchain technology provider NMKR has partnered with NewTek Holdings to bring real life assets into Web3, beginning with prime Dubai real estate projects. Patrick Tobler, Founder and CEO of NMKR, and Safi Qurashi, CEO of newly established NewTek, have signed an agreement to...
Tabadul Launches Beyond An over-arching strategy to  accelerate championing of digital logistics
Business & Money | Friday 12 August, 2022 12:09 pm
Tabadul, the leading  Saudi Electronic Info Exchange Company that provides innovative digital and fintech services to the business and logistics sectors, has unveiled its new strategy, Beyond. The announcement was made in a grand ceremony attended by Tabadul’s staff at the Voco...
ACWA Power announces quarterly and semi-annual financial results
Business & Money | Thursday 11 August, 2022 4:15 pm
ACWA Power Company (“ACWA Power “or “the Company”),a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen production, today announced its quarterly and semi-annual financial results for the three- and six-months periods ending 30 June...
Disney+ subscribers surge as Netflix stumbles
Business & Money | Thursday 11 August, 2022 10:51 am
The Disney+ streaming service saw its number of paying subscribers leap beyond expectations in the last quarter, as rival Netflix’s client count ebbed, results showed Wednesday.The number of people subscribing to Disney+ topped 152 million, up some 31 percent from the same period a year earlier,...
Saudi EXIM Bank chooses to use SAS technology for Model Risk Management
Business & Money | Wednesday 10 August, 2022 10:29 am
 SAS, the leader in analytics, today announced that Saudi Export-Import Bank (Saudi EXIM Bank) chooses to use SAS technology to increase the governance and efficiency of their risk operations and reporting with model risk management solutions.  The Saudi EXIM Bank was established in...
LEXUS DESIGN AWARD 2023: Call for Entries
Business & Money | Wednesday 10 August, 2022 10:21 am
Lexus International has recently announced a call for entries for its distinguished Lexus Design Award 2023, an international design competition dedicated to empowering and encouraging the next generation of creators. Inaugurated in 2013, the award has given up-and-coming talents and innovators a...
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