Author: Arabian Media staff

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Image credit: Getty Images Saudi Arabia’s crude oil exports in August rose to their highest level in six months, data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. Crude exports increased to 6.407 million barrels per day (bpd) from 5.994 million bpd in July, marking their highest level since February 2025. Saudi Arabia, the world’s largest oil exporter, recorded crude output of 9.722 million bpd in August, up from 9.201 million bpd in July. Refinery crude throughput in the kingdom fell to 2.902 million bpd in August, a 2.6 per cent decline from July’s 2.978 million bpd, JODI…

Held under the theme “Impactful Momentum”, the annual event celebrated cross-sector collaboration spanning government, venture capital, and entrepreneurship — setting the stage for Abu Dhabi’s next phase of innovation-driven growth. Hub71+ Life Sciences At the event, Hub71 announced the launch of Hub71+ Life Sciences, a new specialist ecosystem designed to accelerate the development and commercialisation of innovations in BioTech, MedTech, and digital health. The platform connects founders directly with regulators, hospitals, investors, and industry partners, positioning Abu Dhabi as a global launchpad for life sciences startups. From early clinical validation to market access, founders will tap into the emirate’s integrated…

Dubai’s Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), has partnered with Silicon Valley-based innovation platform Plug and Play to launch a new accelerator aimed at transforming Emirati-owned startups into globally competitive ventures. The programme will provide Emirati entrepreneurs with tailored mentorship, global exposure, and access to markets and investors. It is designed to help participating startups scale their operations, expand internationally, and attract sustainable investment in line with Dubai’s Economic Agenda D33, which aims to double the size of the emirate’s economy by 2033. Boosting…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.With the Conservative party languishing in the polls and seemingly having no answer to the populist right, there could not be a better time for an intellectually coherent free-market blueprint for Britain, much as Keith Joseph provided for Margaret Thatcher in the 1970s. In the centenary year of her birth, Prosperity Through Growth purports to be that book, promising “a programme to restore the UK economy, drive prosperity and hence grow living standards”.It fails. Instead, the book is a curious mixture of…

Image: Supplied Accor, a global hospitality leader with a portfolio of more than 5,700 properties in over 110 countries, has announced the signing of the Creekside Hotel in Dubai, one of the city’s most iconic hospitality and sporting landmarks. Owned by Dubai Duty Free and operated by United Hospitality Management (UHM), the hotel will join the Accor network under a white-label franchise agreement before being fully repositioned and added to the MGallery Collection following a detailed renovation plan. Located in Al Garhoud, the Creekside Hotel encompasses the Aviation Club, home of the Dubai Duty Free Tennis Championships, and enjoys close…

Image credit: Apple/Website In a significant stride toward the future of personal computing, Apple has unveiled the M5 chip, its most powerful silicon yet, setting a new benchmark in AI performance and graphics capability. As AI-driven applications become increasingly integral to creative workflows, productivity, and immersive experiences, Apple’s latest innovation promises to redefine how users interact with their devices across multiple categories. The M5 chip’s advanced architecture, built on third-generation 3-nanometer technology, fuels a trio of Apple’s flagship products: the iPad Pro, 14-inch MacBook Pro, and the spatial computing visionary, Apple Vision Pro. By embedding Neural Accelerators within the GPU…

Image: Supplied Electric vehicle infrastructure company EVIQ has signed a landmark agreement with Apsco, a national energy provider, to deploy fast EV charging stations across Saudi Arabia, in a move aimed at strengthening the kingdom’s electric mobility network. The partnership will combine EVIQ’s advanced charging technologies with Apsco’s extensive network of service stations, aligning with Saudi Arabia’s Vision 2030 goals to accelerate the country’s transition toward sustainable transportation. EVIQ, Apsco aligns with Vision 2030 goals “This collaboration with Apsco marks another milestone in our mission to enable a seamless, accessible, and sustainable EV charging ecosystem across the kingdom,” said Mohammad…

Marjan, the master developer of freehold properties in Ras Al Khaimah, and RAK Hospitality Holding (RAKHH), the government-owned investment and development arm of the Emirate, announced on Wednesday a landmark merger to form a unified entity operating under Marjan, in a move aimed at accelerating Ras Al Khaimah’s growth as a global destination for lifestyle, tourism, and investment. The merger brings together RAKHH’s hospitality expertise with Marjan’s land development capabilities, creating one of the largest real estate developers in the UAE. The consolidated entity will integrate real estate development, hospitality operations, and lifestyle experiences under a single platform, guided by…

Image: Supplied Disrupt-X, Intel, and DynaSys Networks have signed a tri-party Memorandum of Understanding (MoU) to collaborate on accelerating Pakistan’s digital transformation through AI-enabled, climate-resilient, and sustainable smart infrastructure. The initiative aims to leverage AI technologies from edge to cloud to strengthen disaster preparedness, optimise utilities, and build the foundation for smarter cities across the country. Under the agreement, Disrupt-X will provide its ALEF 360° platform, a unified solution that integrates AI, IoT, and automation for real-time infrastructure and utility management. DynaSys Networks will implement and operate the platform across Pakistan, supported by Intel’s Edge AI and Cloud Solutions to…