On October 10, 2022, a “flying automobile” created by Chinese electronic vehicle manufacturer Xpeng had its first open test flight in Dubai. The Dubai International Chamber, one of three Chambers operating under Dubai Chambers, hosted the test flight. Zero carbon dioxide emissions are produced during flight, and the eVTOL X2 flying automobile can operate in […]
The United Nations Development Programme (UNDP) added its voice to the chorus of organisations and charities warning that a severe debt crisis is now settling in the world’s most underdeveloped regions. The warning comes as the World Bank and IMF convene in Washington this week amid growing concerns about a worldwide recession and a wave […]
Moein Al Bastaki is a renowned world-class magician and illusionist, based out of the UAE. The Business Tabloid editorial team has had the pleasure of getting acquainted with him to bring our readers his thoughts and his story. Congratulations on being featured in the Business Tabloid Magazine. Please tell us how it feels and what […]
A hack on a second Australian company controlled by Singapore Telecommunications Ltd. exacerbated the organization’s data security crisis in the wake of the massive data breach at mobile phone operator Optus. A cybersecurity attack has been launched against The Dialog Group, an Australian IT services consulting firm that Singapore Telecommunications (Singtel) subsidiary NCS recently purchased. […]
The recipients of the Nobel Peace Prize are representatives of domestic civil society. They have long supported the freedom to challenge the status quo and defend citizens’ basic rights. They have worked extremely hard to gather evidence of power abuse, war crimes, and violations of human rights. Together, they serve as an example of the […]
The Dubai Chamber of Commerce released a study stating the value of the e-commerce business in the UAE is predicted to reach $9.2 billion in 2026. In the UAE, e-commerce sales increased to $4.8 billion in 2021 from $2.6 billion in 2019, as the Covid epidemic hastened the global transition to online buying. The research, […]
A new board has been established by the Abu Dhabi Chamber of Commerce and Industry for the Abu Dhabi Businesswomen Council (ADBWC). The action is a component of the chamber of commerce’s initiatives to assist businesswomen and female entrepreneurs in the emirate so that they may improve their economic impact on the capital city. The […]
Yesterday, Eviation’s Alice electric aircraft made its inaugural flight, hinting at a time when regional trips of hundreds of miles will be completed with no emissions and a great deal less noise. Even though it’s still some time off, today’s demonstration demonstrates that it’s only a matter of time and money. The Alice is a […]
The Forbes Global CEO conference was held this week in Singapore. Gautam Adani, the second-richest person in the world, predicted in his keynote speech that India’s economy will reach $30 trillion. Over 670 of India’s 760 districts, according to Adani, have at least one registered company. “India is now on the cusp of creating several […]
To develop a buy-now-pay-later (BNPL) solution for both in-store and online businesses, Paymob, the omnichannel payments facilitator, and Tabby, the regional payments and shopping app, have partnered. Over 120,000 merchants in the North African nation use Paymob, which is supported by the Egyptian central bank. According to Tabby, there are more than 2 million users […]
The latest sector to ask for assistance as the energy crisis worsens is the pharmaceutical industry, which has warned that it may discontinue producing some affordable generic medications due to rising electricity prices and is appealing for a revision of their pricing. Before the extraordinary EU Council meeting on Friday, the generic drug industry’s lobbying […]
Local insurance companies believe that even though Chinese manufacturers are producing new electric vehicles, they will cost more to cover. The largest auto market in the world, China, has encouraged the development of new energy vehicles by subsidising sales as well as rules that make it simpler to obtain licence plates. More people are choosing […]