Food dispatch app Uber Eats launches robot deliveries in Tokyo
Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they...
Middle East commercial aircraft services market to grow to US$28bn
Abu Dhabi, UAE--The MENA region's commercial aircraft services market will more than double in value by 2042, according to Airbus’...
Business
Business
DAFZA and Export Bahrain to collaborate for business
Dubai Airport Freezone Authority (DAFZA) has signed a strategic cooperation agreement with Export Bahrain, establishing frameworks for technical collaboration.
- The agreement grants Export Bahrain access to the global companies that set up headquarters in Dubai Airport Freezone
- In addition, the two sides will cooperate to organize activities, workshops, seminars, and conferences to support establishing relations between companies
Infographics
Mena students in US are a changing demographic
The factors that draw students to the US include the learning environment, a global perspective, and better employment prospects.
- Students from the Middle East and North Africa region going to the United States for education at various levels for years now
- However, their numbers have changed over time, due to various reasons and at different times
Business
Central Bank of Kuwait conducts another round of Shariah auditor program
The Central Bank of Kuwait (CBK) has launched the fourth round of the Certified Shariah Auditor program to strengthen the...
- Around 100 certified auditors have graduated in the past sessions of the program.
- CBK had issued instructions regarding Shariah Supervisory Governance in Kuwaiti Islamic Banks in 2016.
Business
ENOC of UAE to market lubricants for Egypt in a three-year deal
United Arab Emirates’ National Oil Company (ENOC) has signed a three-year agreement with Royal Marine Services in Egypt to distribute...
- ENOC Misr, a joint venture between Proserv Egypt Group and ENOC, will be handling the local marine market, while Royal Marine services will manage the International marine market
- ENOC supplies lubricants that are used in a wide range of marine vessels, including heavy duty diesel engines
Business
Iran and Azerbaijan to sign business deals in energy sector
Iran and Azerbaijan will sign agreements for cooperation in various energy sectors soon, according to Iranian Oil Minister Javad Oji.
- Oji made the announcement after a meeting with Azerbaijan’s Deputy Prime Minister and Minister of Economic Development Shahin Mustafayev in Tehran
- The development of oil and gas fields in the Caspian Sea was another subject discussed during the meeting with the Azerbaijani delegation
Business
Saudia named best brand of 2021 in the kingdom for development of services
Saudi Airlines (Saudia) has been ranked as the best brand of the year 2021 in the kingdom, rising from eighth...
- The list of the best brands in 2021 in the kingdom by marketing research company YouGov includes many major international companies.
- Saudia improved its ranking this year from eighth place three years ago.
Business
Mosul restaurant brings robot waiters to Iraq
The robots being used in the restaurant are imported but the installation, applications and their servers are managed by the...
- Guests in a restaurant in Mosul order their meal digitally, through the 15 touch-screen built into the dining table
- Electronic workers or robots are already being used in Japan, Dubai and other European countries
Business
VentureSouq launches FinTech Fund
The fund invests in early stage FinTech and SaaS companies.
- The $50 million VentureSouq fund invests in early-stage FinTech and SaaS companies and focuses on key subsectors including payments infrastructure
- Established in 2016, VentureSouq has operations in the UAE, Egypt and Saudi Arabia and has invested in over 200 companies worldwide
Business
MODON and Bin Laden Company to build industrial city
The Saudi Authority for Industrial Cities and Technology Zone (MODON), has teamed up with Mohammed Bin Laden Co. to develop...
- The city located in Bahrah, a town in Makkah province, is a step to empower the industry and increase the local economic activity in GDP terms by 65 percent
- MODON was established in 2001 to develop industrial lands with integrated services
Business
Sawiris wants ‘level playing field’ for Egypt business
The second richest man in Egypt, Sawaris has said that the Egyptian government should act only as a regulator of...
- Sawiris built his fortune in telecommunications by investing in mobile networks in countries such as Bangladesh, Iraq and Pakistan.
- The military's economic reach has grown under President Sisi's leadership, partnering up with firms such as the Sawiris family's Orascom.Â
Food dispatch app Uber Eats launches robot deliveries in Tokyo
Uber Eats' boxy robots have square headlights for eyes and three wheels on each side to navigate kerbs as they...
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Ajman H1 real estate transactions increase by 15 percent to $1.95bn
Ajman, UAE -- Ajman real estate market grew 15.6 percent year-on-year to AED 7.17 billion ($1.95 billion) in the first...
Business
Iran exports non-oil products worth $2.9bn to Iraq in four months
Tehran, Iran -- Iran exported $2.9 billion worth of non-oil products to Iraq in the first four months of the...
Business
RAKEZ witnesses 35 percent growth in holding company registrations
RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) reported a remarkable surge in the registration of holding...
Business
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Business
Among the airlines, SAUDIA Airlines had the fewest complaints in July
Riyadh, Saudi Arabia – A total of 1,873 complaints were filed by travelers against air carriers in Saudi Arabia last...
- The GACA has released its monthly classification index for air transport service providers, based on the number of complaints filed by travelers to GACA during July 2023
- Flynas followed with 29 complaints per 100,000 travelers and a resolution rate of 98 percent, while Flyadeal had 167 complaints per 100,000 travelers
Economy
Passenger traffic at Dubai airport jumps 50% to 41.6m in H1
Surpassing pre-pandemic levels, more than 40 million passenger visits were recorded at Dubai international airport in the first half of...
- The airport operator said it expected demand to soar during the winter season, setting a new record
- Dubai airport in 2020 received only 25.9 million passengers, down from the 86 million the previous year.
Business
Qatar partners with African Civil Aviation Commission to boost cooperation
Nairobi, Kenya--African Civil Aviation Commission (AFCAC) and Qatar have signed a partnership agreement to strengthen cooperation in the aviation field....
- Mohamed Faleh Al Hajri, in charge of Civil Aviation Authority, represented Qatar at the 8th Africa and Indian Ocean (AFI) Aviation Week, holding bilateral meetings
- He highlighted Qatar Airways' role in connecting Africa with the world, saying that the national carrier operates more than 185 flights per week, linking Africa with Qatar