Saturday 1 April 2023

Hackathon winners from KSA visit Ericsson’s HQ

The winners of Ericsson's Together Apart Hackathon from Saudi Arabia have visited the Ericsson headquarters in Sweden as part of the hackathon’s grand prize to get inspired, learn and exchange ideas with Ericsson’s tech experts.    The hacka


Global boat-building market to hit $47bn in 2027

The global boat-building market is expected to reach over $47 billion in 2027, at a CAGR of 7.5%, and the increasing demand for recreational boats in the Middle East and North Africa (Mena) region is a significant factor driving growth.    Brands in Dubai a


Dubai Airshow returns with an array of global aerospace trends

Dubai Airshow returns with an outstanding showcase of global aerospace trends and innovation from November 13 to 17 as it is all set to take the industry to new heights.   Among the exhibitors, Tupan Aircraft will display its latest solutions. Tupan Aircraft, th


Abu Dhabi Executive Council revamped

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, in his capacity as Ruler of Abu Dhabi, has issued an Emiri decree restructuring the Executive Council of Abu Dhabi under the chairmanship of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of A


UAE approves 24 initiatives to double re-exports in 7 years

The UAE Cabinet has approved 24 national initiatives aimed at doubling its re-exports within the next seven years, benefiting from its 50 commercial offices around the world.   This was revealed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice Preside


SIIG agrees to invest $70m in Unibio

The Saudi Industrial Investment Group (SIIG), a privately owned petrochemical firm, has signed an agreement to invest approximately $70 million in Unibio International, the leading sustainable protein company.    The investment in Unibio will be paid in two


Saeed Al Gergawi named VP for Dubai Chamber of Digital Economy

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has appointed Saeed Al Gergawi as its Vice President.    Al Gergawi will steer the chamber towards its goals of building the world’s best digital infrastructur


Al Banna joins Rare FND as an Advisor and Co-Founder

Rare FND, the blockchain based fundraising platform that enables charities and start-ups to raise funds, has named Mohammed Al Banna, a well-known entrepreneur, as the newest advisor and a co-founder of the platform.    Rare FND provides a new and innovativ


UAE’s MoE imposes fines worth $6.15m on 29 DNFBP firms

The UAE Ministry of Economy (MoE) has imposed fines worth AED22.6 million ($6.15 million) on 29 companies operating in the UAE’s designated non-financial business or professions (DNFBP) sector.    The fines were for failure to comply with the anti-mon


Dubai Police to promote maritime safety and security at SMLME

The latest trends and challenges in the maritime safety and security sector will be discussed at the Seatrade Maritime Logistics Middle East (SMLME) event, supported by the Dubai Police.    Held under the patronage of the UAE Ministry of Energy and Infrastr

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