Kuwait adds 33 countries, including UAE, US to Covid-19 ‘high-risk’ list – reports

On Sunday, Kuwait extended its entry ban on foreign nationals indefinitely

Aramex

Dubai Economy partners with Aramex to offer customised solutions for startups, freelancers

Aramex will provide DED Trader licence holders with Domestic and International Express delivery solutions, and comprehensive freight services and logistics assistance

IDEX NAVEX 2021

UAE Armed Forces sign over Dhs5bn deals on day one of Abu Dhabi defence exhibition

UAE companies secured deals worth Dhs3.939bn, accounting for 78 per cent of the overall value of the agreements

Different Arab money

Revealed: Impact of Covid-19 on GCC retail banks revenues

BCG says earnings could shrink by -2.1% annually between 2019 and 2024

Martin Schulz Mercedes-Benz Middle East

Mercedes-Benz Middle East appoints Martin Schulz as new president and CEO

Schulz replaces Thomas Klein who held that position since July 2019 and led Mercedes-Benz across 13 markets within the Middle East and Levant region

Saudi Arabia opens military recruitment to women

Saudi female applicants must be between 21 and 40 years old, have a height of 155 cm or taller, and must not be a government employee

Dubai’s Emirates operates first flight with vaccinated crew at all customer touchpoints

Close to 26,000 of the group’s frontline aviation workforce has been vaccinated with two doses

Mubadala

Abu Dhabi’s Mubadala mulling IPO of Yahsat, says CEO-designate

Yahsat provides integrated satellite communications solutions to over 150 countries

ABu Dhabi Schools Covid-19 Tests

Abu Dhabi: Nurseries, schools to face penalties upto Dhs250,000 for flouting Covid-19 protocols

Repeated non-compliance can lead to schools being forced to shift to distance learning, with parents entitled to remove their children and gain fee refunds

BFL Group

UAE’s Brands For Less Group (BFL) to develop 958KW solar power project

The project will generate around 1,600,000 kWh of solar energy, reducing BFL’s carbon footprint by 700 metric tonnes

UAE’s ‘DhabiSat’ takes off to International Space Station

Developed by 27 graduate students at Yahsat Space Lab, the project is helping train individuals to become qualified engineers

Sharjah’s Sheraa sets up new startup studio to support entrepreneurs

The studio, which will work on a revenue sharing model, will support founders in the early stages of setting up their businesses

Dubai-Al Ain Rod

Dubai-Al Ain: Dhs2bn road improvement project reaches 60% completion mark

Upon completion, it will double the road’s capacity from 6,000 to 12,000 vehicles per hour per direction

Saudi-backed UK health app Babylon ends deal with Tencent

A $550m cash infusion led by Saudi Arabia’s Public Investment Fund in 2019 valued the company at about $2bn

UAE Schools Covid-19

UAE education: Onus on principals to inform health ministry of Covid-19 infections among employees, students

The Federal Public Prosecution said that it was obligatory to do so according to Article 12 of the Federal Law No 14 of 2014 concerning Prevention of Communicable Diseases

Kuwait entry ban

Kuwait suspends entry of foreigners until further notice

Kuwaiti nationals will continue to be allowed entry, but will be subject 14 days of quarantine, seven days of which will be in an institution

Why fintech is on the brink of rapid expansion in the GCC

The GCC is catching up with developed markets in terms of financial inclusion

How e-commerce in the GCC has taken flight

In the wake of the Covid-19 pandemic, e-commerce has risen as a natural winner

Covid-19 impact: How people in the UAE adopted new habits

If remote working is here to stay, holding onto sacrosanct novelties may just be the wise thing to do

Corporate strategy lessons: Build a company to sell it

Building a business as though you want to sell it can be a pragmatic approach to ensuring this happens in a seamless and financially sound way

Saudi Arabia Oxford-AstraZeneca

Saudi Arabia approves use of Oxford-AstraZeneca Covid-19 vaccine

Other GCC countries including the UAE, Kuwait and Bahrain have already approved the use of the Oxford-AstraZeneca vaccine 

Covid-19 update: UAE reports 3,294 cases, highest daily spike in deaths

The nation-wide death toll has risen to 1,073

Dubai’s flydubai gears up for Boeing 737 MAX to rejoin fleet

The General Civil Aviation Authority approved the aircraft to return to service

Gulfood 2021: Here’s all you need to know

The 26th edition of the annual F&B event will host 2,500 companies from 85 countries

Saudi opens new Arar airport with the capacity to serve one million passengers annually

The project, built at a cost of SAR382m, has the capacity to handle more than 10,000 flights per year

Dubai Metro Public Transport

There were 346m users of public transport in Dubai in 2020

On average, approximately 947,000 riders used public transport every day in 2020

UAE aviation regulator clears Boeing 737 Max to fly again

Local airlines must first provide a plan for bringing the plane back safely

Abu DHabi real estate

Value of real estate transactions in Abu Dhabi totalled Dhs74bn in 2020, up 28% y-on-y

In 2020, there were 19,000 transactions executed, including sales and mortgages of land, buildings and real estate units for all types of land use

Public Prosecution

Fine of up to Dhs50,000 for not informing health authorities about Covid-19 in UAE

Those who lose any electronic tracking device handed to them, or destroy it, shall also be fined

Self-driving platform ekar launches car subscription service

Ekar Subscription allows users to book cars from one to nine months with no long-term commitment