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ADIO and AD Mobility unveil UAE’s first operational vertiport
Abu Dhabi Investment Office (ADIO), in collaboration with the UAE’s General Civil Aviation Authority (GCAA) and Abu Dhabi Mobility (AD Mobility) has unveiled the UAE’s first operational vertiport for vertical take-off and landing aircraft (eVTOLs).
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44pc UAE retailers hit by cyberattacks in 2023, losing $3m
Businesses in the UAE on average encountered losses of approximately AED11 million ($3.08 million) as 44% of businesses experienced cyberattacks, or data breaches last year, marking a 39% increase.
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UAE to add 6.34GW 'green' power capacity by 2030
The United Arab Emirates is making continuous progress in the renewable energy sector and the country is expected to add 6.34 gigawatts to its power capacity from green projects between 2024 and 2030, through 12 planned projects, an expert has said.
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IMF launches new regional office in Saudi Arabia
The International Monetary Fund (IMF) will open a new regional office in Riyadh, Saudi Arabia (KSA) to enhance the partnership with countries in the Middle East and beyond.
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Family businesses ‘prioritise expansion, technology’
Expanding into new sectors and markets ranked first on the list of priorities for Dubai’s next generation of family business members, with business development second and the adoption of new technologies following in third place.
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Al Ghurair, Mitsubishi Chemical Infratec open Alpolic facility in RAK
Al Ghurair, one of the largest diversified family business groups in the UAE, and Mitsubishi Chemical Infratec Co (MCIT) have opened AG Metal Industries (AGMI), an Alpolic manufacturing facility, in Ras Al Khaimah Economic Zone (RAKEZ).
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Preferred adds 15 properties to its global portfolio
Preferred Hotels & Resorts, one of the world’s largest independent hotel brand, has added 15 new member properties – from a hidden safari resort in Nepal to a sophisticated Mediterranean hub in Croatia – to its global portfolio between January 1-March 31.
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e& UAE unveils blueprint for AI-driven development of telecom
e& UAE released a new white paper, offering a blueprint for navigating the future of telecommunications with artificial intelligence (AI). It offers an in-depth exploration of e& UAE’s journey towards becoming an AI-driven organisation.
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UAE Cabinet allocates $544 million for flood relief efforts
The Dubai government has allocated AED2 billion ($544 million) for relief efforts that includes repair of houses damaged in the unprecedented floods. A ministerial committee has been tasked with overseeing this exercise by assessing damage.
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Budget Saudi signs 10-year franchise agreement with ABG Group
Budget Saudi, the kingdom’s leading car rental company, has renewed its Budget & Payless Franchise agreement with Avis Budget Group. The agreement will extend the two entities’ partnership for another 10 years, until 2033.
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WHO certifies Saudi's Tabuk as ‘Healthy City’
The city of Tabuk, in northwest Saudi Arabia, has been certified the ‘Healthy City’ by the World Health Organization (WHO), after meeting 80 criteria set by the global health organisation.
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Aramco becomes FIFA's Major Worldwide Partner
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a four-year global partnership with FIFA (Federation Internationale de Football Association), the international governing body of football.
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200 universities from 30 nations take part in GETEX Spring
Some 200 universities offering students a vast array of nearly 2,500 course options are taking part in the Global Education and Training Exhibition (GETEX), which is hosting 30 countries.
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Abu Dhabi to launch air taxi operations next year
Archer Aviation, a leader in the development of electric vertical takeoff and landing (eVTOL) aircraft, signed a framework agreement in Abu Dhabi on Thursday with ADIO (Abu Dhabi Investment Office) to accelerate commercial air taxi operations in the UAE.
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