Technology & IT | Friday 13 October, 2023 7:13 am

Dubai Chamber of Digital Economy launches global entrepreneur’s guide

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has published a comprehensive guide for startups that aims to simplify the process of setting up a business in Dubai. ‘Building Your Business in a Dynamic City: The Entrepreneur’s...

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Business & Money | Friday 13 October, 2023 7:07 am

VARA defines issuance rules to be global standard on asset reference tokens

Dubai's Virtual Assets Regulatory Authority (VARA) takes the first-of-its-kind regulatory position on issuance of specific categories of Virtual Assets backed by Real World Assets including but not limited to FIAT, offering greater assurance for cross-border interoperability.The September 2023...

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Technology & IT | Friday 13 October, 2023 6:44 am

Careem using GenAI to optimise routing

Dubai’s super app Careem uses generative AI to improve pricing, routing, ETA estimations and developer productivity, Wael Salloum, Vice President of Data and AI at Careem, revealed today at the Dubai Assembly for Generative AI.During a panel titled, ‘More Breakthrough Moments: How Agile...

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Business & Money | Friday 13 October, 2023 6:39 am

WAJA awarded project with Saudi Football Federation

Waja Co. announced today, Oct. 12, the award of a SAR 26.91 million project to develop VIP, gold, and silver rooms at King Abdullah Sports City.    In a statement to Tadawul, the company added that the project includes development and renovation works for VIP rooms. This is ...

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Environment & Energy | Friday 13 October, 2023 6:26 am

OPEC sticks to 2023, 2024 oil demand growth outlook

OPEC kept its oil demand growth forecasts for 2023 and 2024 unchanged, citing signs of a resilient global economy so far this year and projecting further demand gains in China.   Global oil demand is likely to expand by 2.4 million barrels per day (bpd) and 2.2 million bpd in 2023...

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Tourism & Hospitality | Friday 13 October, 2023 6:21 am

Red Sea, Amaala seen to host 450,000 visitors p.a. upon 1st phase launch: Pagano

Red Sea Global CEO John Pagano expects 350,000 visitors per year at the opening of the first phase of the Red Sea project, in addition to 100,000 others in the Amaala project, by the end of next year.   In an interview with Al Arabiya TV, Pagano stated that growth is...

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Government | Friday 13 October, 2023 6:20 am

Crown Prince unveils master plan for new Abha International Airport

Crown Prince Mohammed bin Salman launched, today, Oct. 12, the general master plan for the new Abha International Airport, the state-run SPA reported. The new airport aims to embody a consistent architectural identity that complements the heritage of the Asir region, transforming it into a...

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Business & Money | Thursday 12 October, 2023 3:16 pm

Informa Connect Announces the 21st Edition of the HR Summit and Expo (HRSE) - The Premier HR Event in the Region

Informa Connect is thrilled to announce the much-anticipated 21st edition of the HR Summit and Expo (HRSE), affirming its status as the Middle East's most extensive and enduring HR event. In 2023, HRSE is poised to deliver its most comprehensive and engaging experience to date, spanning an...

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Tourism & Hospitality | Thursday 12 October, 2023 2:51 pm

The Freshest Seafood in the Kingdom is on the Table with “A Taste of Saudi Seafood” at Four Seasons Hotel Riyadh at Kingdom Centre

Local fish and molluscs are the stars of a seven-course set menu of internationally inspired offerings available exclusively at The Grill   Indulge in the Freshest Seafood at Four Seasons Hotel Riyadh at Kingdom Centre with "A Taste of Saudi Seafood." This exclusive dining...

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Business & Money | Thursday 12 October, 2023 12:17 pm

Saudi CMA issues final license to VCFC, the first international fintech business licensed to provide brokerage and trading services in Saudi Arabia

eWTP Arabia Capital (eWTPA) is pleased to announce that Valuable Capital Financial Company (VCFC), an eWTPA portfolio company, has received final approval from the Capital Market Authority of Saudi Arabia (CMA) to conduct dealing, custody, and advisory activities in the Kingdom. This makes VCFC the ...

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