Roblox is making significant strides in the Middle East, recognizing it as a vital region for the growth of the creator economy. This initiative is supported by favorable government policies and investments that encourage digital entrepreneurship. The platform’s recent announcement of Arabic language support for its app and website is a testament to its commitment...
Abu Dhabi Islamic Bank (ADIB), a prominent Islamic financial institution, has announced the successful completion of a host-to-host integration project tailored for the Emirates Red Crescent (ERC). This project aims to enhance automated payment processes, showcasing both organizations’ commitment to innovative financial solutions that support humanitarian work across the UAE. The integration project was designed...
Oman’s initiative to become a leading exporter of liquefied hydrogen (LH2) is progressing, with recent feasibility studies confirming the project’s viability. The project aims to establish a seamless export route from Oman to the Port of Amsterdam, enhancing the country’s role in the green hydrogen market. At the World Hydrogen MENA Congress held in Dubai...
The United Arab Emirates (UAE) is currently confronting approximately 50,000 electronic attacks every day, according to the UAE Cyber Security Council. This alarming statistic underscores the critical need for robust cyber defenses in the nation. Dr. Mohamed Al Kuwaiti, Chairman of the UAE Cyber Security Council, highlighted that the country possesses an advanced cyber security...
Yango Ride, an international ride-hailing service and part of the Yango Group, has announced the expansion of its corporate service, Yango Rides for Business, into Abu Dhabi. Launched initially in Dubai in 2024, this service aims to streamline corporate transportation management for businesses operating in both Emirates. The Yango Rides for Business service allows companies...
A significant increase in Thailand visa applications from Dubai has been observed over the past year, indicating a rising demand from travelers in the UAE. Data shows that applications have surged by approximately 20 percent, as Thailand gains popularity not only for leisure travel but also for business and medical tourism. Visitors have highlighted Thailand’s...
Dubai’s hedge fund sector has experienced significant growth, increasing the number of operating hedge funds to 75. This surge comes as the emirate welcomes new multi-billion dollar firms, including Tudor Investment Corp and Walleye Capital. In addition to these prominent firms, Dymon Asia and JJJ Capital also established offices in Dubai last year, further enhancing...
Airbus is reinforcing its commitment to the United Arab Emirates (UAE) through a strategic plan that focuses on enhancing partnerships and boosting local industrial capabilities. Jean-Brice Dumont, head of air power at Airbus Defence and Space, emphasized the company’s dedication to supporting the UAE’s vision of becoming a global hub for future industries. This effort...
UAE-based shallow water offshore drilling contractor Shelf Drilling (SHLF) has announced a partnership with Arabian Drilling, the largest onshore and offshore drilling company in Saudi Arabia. This collaboration aims to enhance their offshore drilling capabilities, indicating a strategic move to widen their operational horizons in the region. The partnership will enable both companies to pool...
e& enterprise, the digital transformation arm of e&, has announced a strategic partnership with PayPal, a globally recognized payment solutions provider. This three-year collaboration aims to enhance the payment capabilities available through the e& enterprise digital payments platform, enabling businesses in the UAE and beyond to offer a wider range of payment options. The integration...