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Internet usage in Saudi Arabia hits 99%: report

The growth of internet usage in Saudi Arabia reached 99% of the population, with the average mobile data consumption per person reaching 44 GB monthly, data said. Also, mobile phones are the most used devices for browsing, accounting for 98.9%.

Saudi-arabia , Saudi , Technology-commission , Youtube , Facebook , Tawakkalna-services , Saudi-press-agency , Internet-report , Tradearabia , Rade-arabia , Radearabia

Dubai FinTech Summit to take place on May 6

Dubai will host the second edition of Dubai FinTech Summit from May 6-7 at Madinat Jumeirah, bringing together 8,000 decision-makers, over 300 thought leaders and more than 200 exhibitors to discuss the latest innovations and challenges.

Dubai , Dubayy , United-arab-emirates , Madinat-jumeirah , Mohammad-alblooshi , Dubai-international-financial-centre , Emirates-news-agency , Dubai-fintech-summit , His-highness-sheikh-maktoum , Rashid-al-maktoum , Deputy-ruler , Deputy-prime-minister

Al Mal Capital REIT completes $49m rights issue

Al Mal Capital REIT, the first REIT listed on DFM and managed by Al Mal Capital, a subsidiary of Dubai Investments, has announced the successful completion of its recent rights issue, generating AED180 million ($49 million) in fund raise.

Dubai , Dubayy , United-arab-emirates , Naser-al-nabulsi , Commodities-authority , Tradearabia-news-service , Dubai-investments , Vice-chairman , Tradearabia-news , Tradearabia , Rade-arabia , Radearabia

Rixos The Palm Dubai honoured for 'Customer Excellence'

Rixos The Palm Dubai Hotel & Suites has received the British Airways Holidays Customer Excellence Award for 2023. With an overall score of 4.8/5, the hotel said the award is in recognition of its key initiatives in curating an exceptional stay for guests.

United-kingdom , Dubai , Dubayy , United-arab-emirates , British , Murat-zorlu , British-airways-holidays , Rixy-kids-club , Tradearabia-news-service , Palm-dubai-hotel-suites , British-airways-holidays-customer-excellence-award , Sports-club

Wego and Tourism Authority of Thailand extend partnership

Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), has announced its continued partnership with the Tourism Authority of Thailand for the fourth consecutive year, showcasing Thailand as a premier travel destination.

Dubai , Dubayy , United-arab-emirates , Thailand , Chaiwat-tamthai , Mamoun-hmedan , Tradearabia-news-service , Tourism-authority-of-thailand , Middle-east , North-africa , Tourism-authority , Chief-business-officer

UAE backs development fund with $50 million

The UAE has committed $50 million to the second phase of the Lives and Livelihoods Fund 2.0, a multi-donor development initiative that supports Islamic Development Bank member countries in building sustainable pathways to lift millions out of poverty.

Abu-dhabi , Abuz-aby , United-arab-emirates , Qatar , Sheikh-theyab , Mohamed-saif-al-suwaidi , Zayed-al-nahyan , Muhammad-al-jasser , Sustainable-development-goals , Qatar-fund-for-development , Islamic-solidarity-fund-for-development , Tradearabia-news-service

Samana launches $272m Lake Views in Dubai Production City

Samana Developers, a leading real estate developer in the UAE, has launched the Samana Lake Views Project worth AED1 billion ($272.2 million) in Dubai Production City.

Dubai , Dubayy , United-arab-emirates , Imran-farooq , Samana-developers , Tradearabia-news-service , Lake-views , Dubai-production , Samana-lake-views-project , Samana-lake-views , Virtual-reality , Tradearabia

How weather introduced a shift in consumer behaviour: study

The recent adverse weather conditions in the UAE led to a significant decrease in online payment transactions, indicating a notable shift in purchasing patterns, a comprehensive study by Global payments solution provider Checkout.com, reveals.

Remo-giovanni-abbondandolo , Tradearabia-news-service , Tradearabia-news , Tradearabia , Rade-arabia , Radearabia , Iddle-east-trade-news , Cc-business-news , Ndustry-news , Trade-news , Usiness-directory , Enders

Grand Millennium Business Bay honoured at TripAdvisor awards

Grand Millennium Business Bay has been honoured in three categories at the 2024 Travelers’ Choice Awards by TripAdvisor: #17 among the ‘Top Luxury Hotels in the World’, #6 among the ‘Top Hotels in the Middle East’ and #2 among ‘Luxury Hotels in the Middle

Andrea-strim , Tradearabia-news-service , Top-hotels , Luxury-hotels , Top-luxury-hotels , Choice-awards , Grand-millennium-business-bay , Middle-east- , Millennium-business-bay , General-manager , Tradearabia-news , Tradearabia

Vertiv announces new Middle East HQ in Riyadh

Vertiv, a global leader in critical digital infrastructure and continuity solutions, has announced its new Middle East regional headquarters in Riyadh, Saudi Arabia.

Turkey , Riyadh , Ar-riya- , Saudi-arabia , Saudi , Tassos-peppas , Karsten-winther , Tradearabia-news-service , Middle-east , Regional-director , Central-asia , Tradearabia