Lanzone is new Yahoo boss
Yahoo has been gradually supplanted by titans like GoogleWhatsApp users may encrypt backups
FB was recently accused of breaching WhatsApp users’ privacy.MarsRise to colonize Mars by becoming the next MoonShot
MarsRise is a deflationary token found on the Binance Smart Chain, which comes with an automatic liquidity pool growth, and therefore the holder rewards through transaction taxationApple ordered to loosen app payment system
Epic had launched the case to break Apple's grip on App Store.Jordan’s gaming app Jawaker sold for $205m to Stillfront Group
The popular Jordanian online card game studio, Jawaker, was bought by global gaming company Stillfront Group in a $205 million deal. Stillfront has previously marketed games published by Babil Games, an international mobile games publisher in the MENA region.Saudi Arabia decides to accept IATA Travel Pass
IATA Travel Pass is a personal secure digital wallet solution that helps travellers understand travel requirements and present their verified travel health credentials. More than 80 airlines have announced trials of the IATA Travel Pass and the app is accepted for entry by a number of governments.Saudi Arabia to host region’s first poultry event of its kind
The first Middle East Poultry Exhibition and Conference will be held under the theme Contribution of Enhancing Food Security.UAE firm retained as IPL healthcare partner
The Board of Control for Cricket in India has renewed retained VPS Healthcare as its healthcare partner for the Indian Premier League.Egypt eyes $1bn investments as Africa Finance Corporation member
Egypt, the most populous nation in North Africa, has already seen some investments from the AFC.Gulf Craft expands footprint in Europe
Growing order book resulted in a 42 per cent uplift in H1 2021Gulf Air to start flights to Tel Aviv
The airline will operate two weekly flights from September 30Etihad to fly to Saudi again
In a statement to Arabian Business, the carrier confirmed that passenger flights would recommence between Abu Dhabi and Saudi Arabia from Saturday, with services connecting the UAE capital with Dammam, Jeddah and Riyadh.Jazeera Paints to offer ‘cold plastic’ paint
Centrecoat Methyl Methacrylate (MMA) is recommended for marking traffic signs and signals on public and private roads as well as parking areasFacebook, Ray-Ban debut ‘smart’ shades
Facebook is wading into a market that has already seen 2013's Google Glass, which sparked a privacy backlash over built-in cameras and prompted the tech titan to pivot its focus for the device away from the general public.Emirates to restart flights to Saudi Arabia and St. Petersburg
Emirates will restart flights to Saudi Arabia and St. Petersburg in Russia with demand for travel rising as the Covid pandemic restrictions ease in many parts of the world.Dubai unveils Expo 2020 ‘passport’ for visitors
Visitors to Dubai’s Expo 2020 will be required to buy a 50-page booklet, passport, that would keep tabs of an individual’s visits and hold a unique number as well as passport-size photo and personal details.TIER takes e-scooter service to Bahrain
This came as part of TIER’s ongoing expansion in the Middle East.Adnoc Drilling eyes $86m rigs
Adnoc, Adnoc Drilling, and H&P have formed an alliance for this.Business booms in Dubai, best in two years
Business activity has grown in Dubai at the fastest rate since September 2019, and is likely to improve further on the back of relaxed containment measures and the hosting of Expo 2020.AD Ports plans new $154m terminal
The new terminal will be at the Khalifa Port in Abu Dhabi.Saudi institute invests $500,000 to research farming in space
The equity investment was reportedly a part of Interstellar Lab's latest $3-million seed round.Iran mulls preferential trade agreement with Lebanon
The director-general of the Iranian Trade Promotion Organization’s Office of Arabian and African Countries has said Iran is in talks with Lebanon for an FTA.HNWIs drive up luxury car sales in Gulf region
Being home to most of the high net-worth individuals in the Middle East, Saudi Arabia, the UAE and Qatar are natural markets for major luxury car brands.Investors to sue Boeing’s Board of Directors for 737 crashes
Boeing has already lost $20 billion in fines, lost orders, and other costs, due to these two crashes, both of which involved the 737 Max aircraft. Not the least of these was the $2.5-billion fine levied on it by the US Department of Justice in January this year.Iker Casillas to launch goalkeeper training center in Dubai
Called the Iker Casillas Goalkeeper Training Center, this will be the first such facility by the Real Madrid goalkeeper outside Spain.Japanese-French consortium to operate Dubai Metro now
The change in operators coincided with the 12th anniversary of Dubai Metro, which started operation on September 9, 2009.Bitcoin may touch $100,000 in Q1 of 2022
Standard Chartered has forecast that Bitcoin will touch the magical figure of $100,000 in the first quarter of 2022, and in the longer term, the cryptocurrency will hit $175,000. On Wednesday, Bitcoin was trading at a little more than $46,000. Ethereum and Binance Coin were trading at $3,413 and $409,...Eltizam Group buys Inspire Integrated for $10m
Continuing with its expansion strategy, Eltizam Asset Management Group, a subsidiary of the Abu-Dhabi based International Holding Company, acquired Inspire Integrated for 37 million dirhams ($10 million).Mubadala Petroleum, Eni partner for energy transition
The scope of the cooperation covers potential joint opportunities in Mena, South East Asia, Europe, and other regions of mutual interest.UAE-led consortium gets $250m for gas plant in deal with DFC
The consortium, called Pearl Petroleum Company Limited, is led by Dana Gas and Crescent Petroleum, both of which are from the UAE. The development will help in meeting the rising demand for clean natural gas for electricity generation and industry in the KRI.Belt and Road Initiative in GCC: A deep dive
The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road Initiative project in September 2013.Aramco to partner with Aveva for sustainability
Aramco, with this partnership, will focus on driving sustainability in the region through digital transformation.Empower cools Uptown tower
Empower is servicing 3,850 RT at the skyscraper.Chapman Taylor designs Jeddah park
The airport City Central Park is designed as a botanical garden.Iran spends $620m to mechanize agriculture
That amount reportedly equals 87 percent of the total budget allocated to a credit line for agricultural mechanization.Donkey milk soap soaking up fans in Jordan
Although other regions around the Mediterranean produce soap from donkey milk, this is the first for JordanBahrain’s digital transactions touch $3.62bn in H1
Bahrain’s central bank has revealed that cashless transactions in the country has surged 50 percent to $744 million in August, after reaching nearly $4 billion in the first half of the year.Aramex creates two business arms
Company also creates regional structures, each headed by a VP.Demand for food in GCC to shoot up by 2025
Demand for food in the Gulf Cooperation Council (GCC) will reach 52.4 million metric tons (MT) by 2025, up from 46.8 million in 2020.ADQ to list Abu Dhabi Ports on ADX
ADQ, one of the largest holding companies, has announced its plan to list Abu Dhabi Ports Company on the Abu Dhabi Securities Exchange (ADX).Bahrain now ranks among top 20 in foreign investment
Bahrain has attracted three times the amount of greenfield FDI that might be expected given the size of its economy, reveals a new report.Aramco Q2 net income $25.5 billion, up by 288 percent
The results driven by higher oil prices and a recovery in worldwide demand, supported by the global easing of COVID-19 restrictions.GIG completes acquisition of AXA
The rebranding of AXA to GIG will happen in the next few months.Saudi non-oil revenues jump 206%
The non-oil revenues of Saudi Arabia have increased to US$31 billion in Q2 2021 as against US$10.1 billion in Q2 2020.Dubai property sales hit four-year high in August
The figures indicate that the property market, particularly the residential market, is recovering after hitting a low at the start of the pandemic last year.Adnoc Drilling to offer 7.5% stake in IPO
Adnoc Drilling is the largest national drilling company in the Middle East by rig fleet size.Emaar Properties and Emaar Malls get nod for merger
The proposed merger of Emaar Properties and Emaar Malls received a boost when the capital market regulator, Securities & Commodities Authority, gave the go-ahead for the merger of the two companies.South Korea mulls reviving FTA talks with GCC
The two sides have not had a mutual FTA for more than 10 years now.Boursa Kuwait launches ESG reporting guide
Through it, the bourse aims to drive the embrace of Corporate Sustainability in the Kuwaiti capital market.Own a share of Dubai property for as little as $136
If you are an investor, you can now own a share of Dubai property for as little as $136.




















































