shein sustainable fashion

Shein X Designer Incubator Program unveils first sustainable fashion collection

Shein plans to invest a total of $105m in the incubator programme over the next five years

Kuwait master plan 2040

Kuwait Master Plan 2040 to boost development, strategic vision

The Fourth Kuwait Master Plan 2040 focuses on the country’s vision and development goals in urban, economic, social, and environmental policies

World Tourism Day 2023

World Tourism Day 2023 celebrations in Riyadh: Emphasis on green investments

As the Global Day of Observance for tourism, it offers a chance to celebrate the sector’s vital role in advancing peace and prosperity

EFG Hermes concludes advisory on Lumi Rental’s $290m IPO

EFG Hermes concludes advisory on Lumi Rental’s $290m IPO

The offering marks EFG Hermes’ fifth IPO this year and is the latest in a series of transactions the investment bank has advised on in the GCC region

Khalidia Palace Hotel in Deira by Mourouj Gloria will launch in the last quarter of this year (Image: Supplied by Gloria Hotels)

New five-star hotel coming soon to Dubai’s Deira district

Khalidia Palace Hotel by Mourouj Gloria will launch in the last quarter of this year

ChatGPT

ChatGPT adds voice, image feature: Everything you need to know

Voice feature will be available on both iOS and Android, and users can opt in through their settings

Nikki Beach to open resort in Ras Al Khaimah (Image: Supplied by RAK Properties)

Nikki Beach to open resort in Ras Al Khaimah

The 155-key property will be developed by RAK Properties and located in Mina Al Arab

SOUDAH PEAKS

Soudah Peaks: Saudi Crown Prince Mohammed bin Salman launches new luxury destination masterplan

The masterplan is designed to offer unparalleled living experience while safeguarding the region’s ecological and cultural treasures

DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry

DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry

The collaboration presents an important commitment to fostering cultural programmes and initiatives

UAE PASS

MoIAT introduces mandatory use of UAE Pass to streamline services

The new digital national identity system helps improve the business ecosystem and facilitates access to government services

OSIRIS-REx Sample Return from Asteroid Bennu

NASA’s Osiris-Rex mission brings sample from Asteroid Bennu: Why is it significant?

The returned samples from Bennu will aid scientists in understanding various aspects of planet formation

ADNOC, TAQA secure financing for $2.2bn water project

ADNOC, TAQA close $2.2bn financing for water project

The project is being financed by a group of nine local and international banks, through a combination of commercial and Islamic finance facilities

Saudi Arabia’s SAL Logistics IPO could fetch $678m

Saudi Arabia’s SAL Logistics seeks to raise $678m from IPO

The logistics firm set the price range at SAR98 and SAR106 per share, implying a market capitalisation on listing of as much as SAR8.5bn

Marriott announces two new properties in NEOM’s Trojena (Image: Supplied by NEOM)

Marriott announces two new properties in NEOM’s Trojena

It will include Saudi Arabia’s first W Hotel and a JW Marriott property too

Value of MENA’s hotel, residential projects top $1.9tn

Value of MENA’s hotel, residential projects top $1.9tn

The influx of new hospitality and tourism-related projects in the region is fostering new trends that add value and efficiency

SalamAir suspends flights to India Image Salam Air

Oman’s SalamAir suspends flights to India from Oct 1

SalamAir, which flies to Jaipur, Lucknow, Kozhikode and Thiruvananthapuram in India, also operates flights via Fujairah Airport to three of these Indian cities

Dubai Municipality completes beautification of four roundabouts Image Dubai Media Office

Dubai Municipality completes beautification of these key roundabouts

The Dubai Public Roundabout Beauty Project is aligned with the ‘Art in Public Spaces’ strategy, designed to showcase Dubai’s rich cultural and artistic heritage

Lulu Hypermarket

LuLu Group expands footprint, to open Hyderabad’s largest mall on Sept 27

The mall will host a mega Lulu Hypermarket, more than 75 plus local and international brands and other retail outlets

RTA automates issuance of supplementary information

RTA automates issuance of supplementary information sign permits

The digital system enables customers to apply for and obtain permits via the authority’s website

Supermoon

Harvest full Moon to illuminate the sky: Last supermoon of 2023 on long weekend holiday

This marks the fourth consecutive supermoon of the year, as per the Farmers’ Almanac

solar eclipse

Annular solar eclipse on October 14: A celestial ‘ring of fire’

This particular type of eclipse occurs when the moon, positioned at or near its farthest point from Earth, does not entirely block the sun’s face

Sheikh Hamdan launches Dubai Economic Leadership Program Image WAM

Sheikh Hamdan launches Dubai Economic Leadership Program

Mohammed bin Rashid Centre for Leadership Development will open registration for the programme between September and October

ADCCI partners with three local banks

These 3 Abu Dhabi banks have partnered with ADCCI

The partnerships seek to introduce members and investors to a range of services, promotional packages, and financing assistance programmes

Saudi Arabia economy crosses trilllion dollar mark GettyImages-1464744716-1

Saudi economy enters trillion dollar club: report

According to the IMF, the Saudi economy was the fastest growing among the Group of Twenty (G20) member states in 2022

Egypt credit sector

Egypt: Driving financial independence

As the first licensee of consumer finance in Egypt, Contact has played a pivotal role in growing the non-bank credit sector

ISCD Index 2023 Dubai ranks among top maritime hubs globally Image Dubai Media Office

Dubai retains spot among top five global maritime centres: ISCD Index

Dubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centres

4 Mous signed at UAE Armenia joint business forum Image courtesy WAM

UAE, Armenia ink MoUs at joint business forum in Yerevan

One of the agreements signed between both sides will see the establishment of the UAE-Armenia Business Council.

Oman Air global sale launches with discounts on tickets Image Oman Air

Oman Air global sale starts: 20% off on economy flights, more details here

The promotion from Oman Air is valid for travel until March 15, 2024 and includes return flights only

ADIB redeems sukuk worth $750m

ADIB redeems sukuk worth $750m

The trading of the certificates on the Irish Stock Exchange was cancelled upon redemption of the certificates

China’s AIIB expands global reach with Abu Dhabi office

China’s AIIB expands global reach with Abu Dhabi office

The overseas office brings the bank closer to the front lines of its sustainable development work in the Middle East and Africa