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Saudi forces destroy armed drone targeting ‘civilians’ in the kingdom

Saudi has seen a string of attacks launched by the Houthis in recent months

Abu Dhabi sheikh buys stake in Israel’s Beitar soccer club

The money will be used to invest in the club’s infrastructure as well as help purchase players

How digital transformation can prove to be a catalyst for rebooting MEA economies

Organisations will need to examine their business closely and give digital transformation a whole new meaning

FedEx Express launches new route between UAE and Israel to strengthen ties

The route will support customers, particularly small-to-medium enterprises

Turki Al Malki, Saudi coalition

Saudi forces destroy armed drone launched towards civilian targets in the kingdom

The attack, launched on Wednesday, targeted the kingdom’s southern region

Exclusive: UAE-Israel Business Council co-founders on what comes next after the peace deal

The peace deal will alter the bilateral economic landscape and much more, opine co-founders Fleur Hassan Nahoum and Dorian Barak

Tesla Electric Vehicle

The rise of electric mobility in the Middle East – time to make the switch?

The International Energy Agency’s Global EV Outlook 2020 report found that sales of electric vehicles topped 2.1 million globally in 2019

Ghosn says French investigators will quiz him in Lebanon in 2021

Ghosn was arrested in Tokyo almost two years ago and escaped to Lebanon in December

Dubai’s Emirates to operate A380 to Amman from November 4

Customers can fly the Emirates A380 from Dubai to Amman thrice a week

World Bank sees 5.2% contraction in MENA, in line with IMF

The dual shock of lower Brent prices and the coronavirus pandemic this year has taken an especially heavy toll on the region

Bahrain, Israel sign historic joint communique to establish diplomatic relations

Bahrain became the second Gulf nation to establish full diplomatic relations with Israel

Talabat to launch operations in Iraq

The company will initially launch operations in Erbil, Iraqi Kurdistan early next year, before expanding into Federal Iraq

Israel’s cabinet approves UAE pact as leaders plan meeting

No date or venue was given for the leaders’ meeting

Ericsson R&D hub in Egypt ships first locally-developed AI software

Cognitive software reduces complexity in network operations

Turki Al Malki, Saudi coalition

Saudi intercepts another armed drone attack ‘targeting civilians’

Bomb-laden drones were launched towards the kingdom’s southern region on Saturday and Sunday

LaLiga TwentyNines

Barceló Hotel Group and La Liga partner for new sports bar concept in MENA

The concept will be a technological integration of gastronomy, entertainment, football, and other sports in an interactive environment

Israel seeks 100,000 UAE tourists a year after landmark pact

A record 4.5 million tourists visited Israel in 2019

Turki Al Malki, Saudi coalition

Saudi forces destroy armed drone targeting kingdom

The UAV was destroyed in Yemeni airspace

Mustapha Adib Lebanon

Lebanon PM-designate steps down, unable to form government

Mustapha Adib quit on Saturday after a meeting with President Michel Aoun in Baabda near the capital, Beirut

DP World, Bank Leumi to explore Israel logistics investments

The UAE last week signed an agreement to move toward establishing normal ties with Israel

Yemen projectile Saudi

Projectile launched from Yemen lands in Saudi’s Jazan, five civilians injured

The five civilians faced light injuries as a result of flying shrapnel and were transported to the hospital

Beirut Lebanon

Major fire breaks out at Beirut port a month after blast

The Lebanese army has called for people to evacuate the area

Turki Al Malki, Saudi coalition

Saudi forces destroy bomb-laden drones targeting ‘civilians’ in the kingdom

Attacks on the kingdom were launched on Wednesday and Thursday

Venture capital investment in fintech remains steady; M&A activity recedes – report

The EMEA region witnessed $4.6bn in fintech investment in the first half of 2020

enterprises

How digitally mature regional firms are leveraging technology to capitalise on greater opportunities

The technology, consumer and financial sectors boasted the highest proportion of entities that are digitally most mature

First Abu Dhabi Bank

First Abu Dhabi Bank to start talks with Israeli lenders

The decision follows the signing of a memorandum of understanding between the UAE central bank and the Israeli Prime Minister’s Office

TOPSHOT-LEBANON-BLAST

Beirut blast caused up to $4.6bn in physical damage: World Bank

More than 180 people were killed and thousands injured when a vast consignment of explosive material detonated at Beirut’s port on August 4

Israel sees $6.5bn in trade as UAE peace talks kick off

On August 13, the countries announced their plan to normalise ties, a first between Israel and a Gulf Arab nation

Top Dubai, Israeli banks seek to cooperate after peace deal

Discussions between Bank Leumi and Emirates NBD Bank are at an early stage and no final decisions have been made

Israel’s flagship carrier El Al set for unprecedented UAE flight

An Etihad Airways cargo plane from Abu Dhabi made the first known commercial flight between the countries in May with a humanitarian shipment for the Palestinians