Author: Arabian Media staff
Image: Supplied In January, Oman took a significant step toward modernising its financial landscape with the enactment of the new Banking Law under Royal Decree No. 2/2025. This reform, coupled with the Central Bank of Oman’s (CBO) issuance of a dedicated regulatory framework for digital banks in June, marks a pivotal moment in Oman’s journey toward financial innovation, in line with Oman’s Vision 2040 strategy of diversifying the economy and positioning the country as a regional fintech hub. Regulatory shifts: Progress and pitfalls These recent regulatory developments have introduced comprehensive guidelines for digital banking operations, encompassing licensing requirements, operational standards,…
Image credit: Global Village/Website Global Village, the UAE’s premier multicultural family destination, is preparing to host a vibrant celebration of the nation’s 54th Eid Al Etihad (UAE National Day) from November 27 to December 3, 2025. The festivities, themed “United,” aim to honour the UAE’s spirit of unity while offering visitors an immersive blend of culture, entertainment, and gastronomy. As the region continues to embrace cultural diversity and leisure tourism, Global Village is positioning itself at the forefront of family entertainment and experiential retail. From dazzling performances to curated culinary experiences, the destination promises to deliver a holistic celebration that…
Image: Supplied The UAE’s food and beverage landscape is thriving, with diners increasingly seeking experiences that blend quality, authenticity, and innovation. At the forefront of this evolution is Shamal Holding, whose selective investment approach is shaping the region’s premium and homegrown F&B scene. In this interview, Sudhin Siva, chief asset management officer at Shamal, shares how the group is backing global brands like Five Guys and SUSHISAMBA while nurturing local concepts such as The Espresso Lab, leveraging technology, operational expertise, and market insight to deliver memorable, scalable, and distinctive dining experiences across the UAE. How would you describe the current…
Image: Supplied At the recent GITEX Global 2025, du once again demonstrated its technology leadership, showcasing how AI is shaping the present rather than just the future. In an interview with Gulf Business, Fahad Al Hassawi, CEO of du, outlines the company’s evolution into an “AI strategic partner” for enterprises, government entities, and the UAE at large. From the launch of the sovereign AI Park and AI Factory to advances in 5.5G, edge computing, and sovereign cloud infrastructure, Al Hassawi explains how du is building the backbone for an AI-powered nation — combining cutting-edge infrastructure, strategic partnerships, and sustainable digital…
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Image credit: Getty Images Airlines canceled more than 1,500 US flights on Monday, the fourth consecutive day cancellations have topped 1,000 as government flight cuts and air traffic staffing absences continue to wreak havoc with aviation. FlightAware, a flight tracking website, said by 8:30am ET (1330 GMT), more than 1,550 flights had been canceled and 1,400 delayed Monday after 2,950 flights were canceled and nearly 10,800 delayed Sunday in the single worst day for flight disruptions since the government shutdown began on October 1. Read more-Qatar Airways exits Cathay Pacific with $897m stake sale A November winter storm in Chicago…
Saudi Arabia’s Ministry of Commerce and the Small and Medium Enterprises General Authority (Monsha’at) have announced the winners of the Entrepreneurship World Cup (EWC) 2025, the world’s largest global startup competition. Majid Al-Kassabi, Minister of Commerce and Chairman of the Board of Monsha’at, crowned the winners during a ceremony held as part of the Biban Forum 2025, in the presence of Sami bin Ibrahim Al-Husseini, Governor of Monsha’at, Dr. Badr Al-Badr, CEO of the Mohammed bin Salman Foundation (Misk), and several senior officials. The EWC brought together the top 100 startups from more than 47 countries, competing for total prizes…