Neha Gupta, Chief Financial Officer, Core42. UAE-headquartered AI infrastructure operator strengthens capital base to scale cloud and compute deployments across the United States and Europe Abu Dhabi — Core42, a G42 company specialising in sovereign cloud and AI infrastructure, today announced the successful arrangement of two structured trade finance facilities amounting to $550 million with HSBC to accelerate its AI cloud and compute deployments across the United States and Europe. The facilities of $240 million and $310 million were completed in February 2026 and May 2026, respectively. The facilities have been purpose-built to support Core42’s capital intensity and deployment cycles of AI cloud infrastructure. Structured to enable strategic flexibility, both facilities are non-equity dilutive and reinforce Core42’s disciplined capital…
Author: Editorial Team
A viral skincare product, a glowing influencer review, and a long ingredient list are usually enough to convince consumers to click “add to cart.” But UAE resident Aishwarya Tyagi wants shoppers to pause before spending. The founder recently launched Data of Beauty, an Instagram and Substack platform that reviews beauty and skincare products using clinical studies, ingredient analysis, and marketing audits rather than traditional influencer recommendations. Speaking to Khaleej Times, Tyagi said the idea came after years of watching beauty marketing blur the line between science and sales. “Beauty marketing is incredibly clever. At its best, it sits right at…
ABU DHABI, 21st May, 2026 (WAM) — Etihad Airways, the national airline of the United Arab Emirates, today celebrated the inaugural flight of its new service to Salalah, introducing a direct connection between Abu Dhabi and Oman’s southern coastal city. The new route will operate year-round, launching with two weekly flights on 21 May and increasing to five flights per week from 15 June to coincide with the Khareef season, when Salalah’s coastline and mountains transform into vibrant green landscapes. The introduction of flights to Salalah reflects Etihad’s commitment to expanding its regional network, offering guests across the airline’s global…
Temperatures in the UAE are expected to rise further on Friday, May 22, as per the weather forecast shared by the National Centre of Meteorology (NCM). The mercury is expected to dip and touch a low of 20°C in Al Ruwais, while the highest temperature of 42°C will be in Ras Al Khaimah and Al Ain. Dubai and Abu Dhabi will see a high of 38°C and 40°C, respectively. Skies will be fair in general nationwide. Reisdents may expect light to moderate winds that will freshen at times, with speeds ranging from 10 to 25 kmph, reaching 35 kmph. The…
RIYADH — Saudi Arabia’s non-oil exports, including re-exports, jumped by 21.5 percent in March 2026 compared to the same month in 2025, while national non-oil exports, excluding re-exports, declined by 27 percent. According to the data released by the General Authority for Statistics (GASTAT), the total value of merchandise trade reached SR173 billion in March 2026. Merchandise exports amounted to around SR115 billion, while imports totaled approximately SR58 billion, resulting in a merchandise trade surplus of roughly SR57 billion for the month. The GASTAT’s International Trade Report for March 2026 highlighted that the value of re-exported goods increased by 2.5…
JEDDAH — The National Center for Meteorology (NCM) announced that it is continuing to advance its digital and innovative services during the current Hajj season by integrating artificial intelligence (AI) technologies into weather forecasts and awareness bulletins. Additionally, the center has launched specialized reports and a multilingual application to enhance the quality of climate services provided to pilgrims. Dr. Turki Habibullah, director general of Research, Development, and Innovation at the NCM, stated that the center began utilizing AI technologies in weather forecasting last year, entirely leveraging Saudi expertise. He emphasized that the technology has demonstrated exceptional efficiency compared to the…
ABU DHABI, 21st May, 2026 (WAM) — – Under the patronage of Lieutenant General H.H. Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, the Abu Dhabi Global Sustainable Security Summit (ADGSSS) concluded its inaugural edition at ADNEC Centre Abu Dhabi, having convened from 19 to 21 May 2026. The Summit was organised by the Ministry of Interior and Rabdan Academy in collaboration with ADNEC Group, Summit served as a strategic platform bringing together leaders, experts, and decision-makers from around the world to discuss the future of security, resilience, and sustainability. The closing day’s proceedings opened…
Dubai Airports has announced its readiness to welcome over 3,600 pilgrims during this year’s Hajj travel period, with nearly 59 per cent of all UAE pilgrims expected to pass through its terminals. Hajj departure flights in the UAE will operate until May 23 on services by Emirates, Saudia, flydubai and flynas. The official Dubai Government Delegation departed on May 21. Several airlines have increased capacity on key routes to accommodate the surge in demand, with additional flights scheduled during peak departure days. The annual pilgrimage of Hajj takes place between Dhul Hijjah 8 and 13 on the Islamic Hijri calendar.…
JEDDAH — Saudi Minister of Interior and Chairman of the Supreme Hajj Committee Prince Abdulaziz bin Saud bin Naif received Head of Iran’s Hajj and Pilgrimage Organization Alireza Rashidian in Jeddah on Thursday. The minister welcomed pilgrims arriving from Iran, affirming the commitment of Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman to serving pilgrims from around the world and ensuring they perform their rituals with ease and peace of mind. On his part, Rashidian expressed appreciation for the Kingdom’s efforts and preparations to serve pilgrims, praising the level of organization…
JEDDAH — Minister of Hajj and Umrah Tawfiq Al-Rabiah affirmed that preparations for next year’s Hajj season begin early, even before the current season concludes. This is through an integrated framework involving various government entities, pilgrim affairs offices, and Hajj service providers, to enhance services for pilgrims and improve operational readiness. He made the remarks while attending a panel discussion held Wednesday as part of the third edition of the Hajj Health and Safety Forum, organized by the General Administration of Medical Services at the Ministry of Interior. The minister explained that preparations for the next Hajj season will begin…