Home GCC UAE

UAE

Abu Dhabi Securities Exchange launches derivatives market

The derivatives market is using the marketplace technology delivered by Nasdaq

Dubai’s Emirates to launch daily flights to Tel Aviv

The carrier has restored its Middle East network and currently flies to 12 cities across the region

Dubai Airshow

Israel Aerospace Industries confirms participation at Dubai Airshow 2021

The Israeli aerospace and defense company will be present at the airshow which will be held from November 14-18 at Dubai World Central

Abu Dhabi

UAE, IRENA launch $1bn platform to finance renewable energy transition

The UAE has committed $400m in funding, provided by the Abu Dhabi Fund for Development, for the Energy Transition Accelerator Financing Platform

Biggest Abu Dhabi developer is shopping for large property deals

The company, armed with $1.85bn in capital, has the resources to make purchases both in its home market and around the UAE

Dubai Financial Market

New board of directors announced for Dubai Financial Market

The new board will be headed by Helal Al Marri

Hadi Anwar, G42

Here’s how the pandemic became a catalyst for G42’s hypergrowth

AI and data analytics have enabled the healthcare industry to rapidly respond to the pandemic says Hadi Anwar, group CIO of G42

UAE reports 79 Covid-19 cases, 102 recoveries

The nationwide Covid-19 case count has now risen to 740,136

Dubai’s Expo spurs tourism, boosting UAE business activity

A Purchasing Managers’ Index compiled by IHS Markit rose to 55.7 in October from 53.3 in September

UAE’s Laparoscopic surgeon opts for robotic surgery in Bariatric procedures

The robotic surgery industry generates almost $3bn in revenues per year, and this number is expected to grow by almost 15 per cent per year until 2022

Cisco unveils Webex Hologram, an augmented reality meeting solution

Webex Hologram combines its meeting functionality with immersive 3D holograms

Covid-19: Abu Dhabi becomes first location to receive new medicine for high-risk patients

The new medication is designed to prevent severe infection and death in non-vaccinated high-risk patients

Former Abraaj managing partner Mustafa Abdel-Wadood fined $1.9m by Dubai’s DFSA

Abraaj, which was one of the biggest private equity firms in the MENA region, went into liquidation in 2019

Revealed: Gulf Business Awards 2021 judges

With the 2021 edition of the Gulf Business Awards set to be held later this month, we introduce you to our esteemed judging panel for this year

Dubai’s Nakheel launches new Jebel Ali Village

The first phase of four- and five-bedroom villas will be on sale from Sunday, November 7

Dubai announces plans to list utility DEWA in the ‘coming months’

The utility has projects valued at around Dhs86bn that are planned to be commissioned in the next five years

UAE announces protocols for Commemoration, National Day celebrations

Event organisers will form specialised teams to ensure adherence of protocols

All private hospitals in Abu Dhabi free of Covid-19 cases

Hospital admission for Covid-19 cases will be limited to Al Rahba Hospital in Abu Dhabi, Al Ain Hospital and other field hospitals across the emirate

Dubai’s Emirates, TAP Air Portugal expand codeshare partnership

Emirates will place its code on TAP Air Portugal-operated flights to 19 additional destinations via Lisbon

UAE reports 74 Covid-19 infections; nationwide case count crosses 740,000

As many as 106 recoveries were reported in the past 24 hours

Here’s how the UAE is pursuing its digital vision and strategy

Dr Saeed K. Aldhaheri and Ranjit Rajan, authors of Digital Nation: How the United Arab Emirates is Building a Future Based on Tech Innovation, provide insights into the country’s plans

Noon.com reveals dates for biggest ‘Yellow Friday’ sale

The Yellow Friday Sale will be live from November 22-28

UAE’s bid to host COP28 receives backing from Asia Pacific Group

The endorsement came at the COP26 summit in Glasgow

Dubai announces listing of 10 govt, state-owned companies on DFM

The move is part of accelerating new listings in various sectors

UAE’s amended law on the decriminalisation of bounced cheques to take effect in Jan 2022

The scope for criminalisation of returned cheques due to insufficient funds has been narrowed and confined to cases of bad faith and other cheque crimes

UAE says all diplomats and citizens have returned from Lebanon

The country had announced last week that it was recalling its diplomats and banning its citizens from travelling to Lebanon

Over 90% of UAE employees believe robots can support their career better than humans

To retain and grow top talent amidst changing workplace dynamics, employers need to pay attention to employee needs more than ever before

Sunjay Sudhir Ambassador UAE

India appoints Sunjay Sudhir as ambassador to UAE

Sudhir, a 1993-cadre Indian Foreign Service officer, will replace Pavan Kapoor

Expo 2020 Dubai welcomes 2.35 million visits in October

The Saudi Arabia pavilion has attracted half a million visitors already

Abu Dhabi Islamic Bank

Abu Dhabi’s biggest Islamic bank weighs merger deals outside UAE

The lender reported third-quarter net income fell 7.7 per cent from a year ago to Dhs492.9m