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Abu Dhabi to increase spending on tourism marketing by USD136 mn

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 Insights

13-Mar-19 Abu Dhabi has allocated AED0.5 bn (USD136 mn) for tourism marketing over three years. The funding will highlight attractions such as Louvre Abu Dhabi and Warner Bros World, and the Guggenheim Abu Dhabi project is reportedly also 'still active'. [image: Lourve Abu Dhabi / Handout via Thomson Reuters Zawya]

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How big will 5G be in the Middle East?

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28-Feb-19 5G is expected to reach 30 mn enhanced broadband subscriptions in the Middle East and Africa by 2024, representing 2 percent of total subscriptions. The majority are expected to come from advanced markets like Saudi Arabia, UAE and South Africa. [image: Arabian Business]

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Thumbay launches partnership with MENA e-commerce site

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28-Feb-19 Thumbay Group announced a new partnership with Noon.com, a MENA e-commerce platform, to offer its entire range of products including optical and nutrition portfolio through an online platform strengthen its presence in Egypt and GCC countries. [image: Khaleej Times]

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Ripple makes waves in Southeast Asia

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13-Feb-19 Ripple, a real-time settlement system, currency exchange and remittance network, is extending its Asia and Middle East networks via two Emirates-based remittance businesses, UAE Exchange and Unimoni, that will link with Thailand's Siam Commercial Bank using Ripple’s blockchain-led platform. [image: Ripple]

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