Covid-19: Abu Dhabi updates home quarantine protocols

Vaccinated individuals must quarantine for seven days and take a PCR test on day 6

Business Bay reports 17,893 operating companies in 2021 – Dubai Economy

General trade topped the list of licenced activities operating in the area

Saudi Arabia plans $147bn expansion for transport sector

Saudi officials want to turn the capital of Riyadh into a global business hub

Covid-19: UAE reports 1,573 infections; total case count crosses 641,000

The nationwide case count has now risen to 641,049

Hou Tao is the vice president of Huawei Technologies

Understanding the impact of the Covid-19 pandemic on technology

The pandemic has brought ICT to the forefront as a critical enabler of business continuity

New UAE visa laws

UAE to grant golden residency visas to select high school students and their families

Applications for these golden visas must be submitted through the Emirates Schools Establishment

Emirates First Class Lounge Dubai

Emirates re-opens first class lounge at Dubai International Airport

The First Class Lounge is located in Concourse B at DXB

UAE business conditions improve; employment rises

Employment rose for the first time since January and at the quickest pace in more than two years

Dubai’s Emirates launches new payment solution in partnership with Deutsche Bank

Emirates Pay is an alternative method for travellers to pay for air tickets purchased online by directly debiting their bank account

Ajman Free Zone

RAKBANK agrees MoU with Ajman Free Zone for SME financing

RAKBANK will offer SMEs and larger businesses based in free zone easy access to account opening services, loans, and credit facilities

Aldar properties abu dhabi

Aldar Properties becomes MENA’s first real estate company to secure sustainability-linked loan

Aldar will invest a fixed amount in one or more ESG projects if it does not reach agreed annual targets

Stuart Gulliver Aramco

Saudi Aramco appoints ex-HSBC CEO Stuart Gulliver to board

Gulliver replaces Sir Mark Moody-Stuart, who had been on the board since 2007

Etihad El Al

UAE’s Etihad and Israel’s El Al launch first phase of codeshare agreement

Members of Etihad Guest and Matmid programmes will be able to earn and redeem miles on flights across both carriers’ networks

Covid-19: UAE reports 1,599 cases, 3 deaths

The nationwide case count has risen to 639,476

UAE Moderna Covid-19 Vaccine

UAE approves emergency use of Moderna Covid-19 vaccine

Apart from Moderna, the other vaccines currently approved for use within the country are Pfizer-BioNTech, Oxford AstraZeneca, Sputnik V and Sinopharm

World’s oldest wealth fund swells to record and cracks the top 3

The Future Generations Fund, managed by Kuwait Investment Authority, has risen to a record of about $700bn

Saudi UAE Travel Ban

Saudi Arabia indefinitely suspends travel to UAE, Vietnam and Ethiopia

All passenger flights between the kingdom and these countries will be suspended starting 11pm on Sunday, July 4

Dubai’s Emirates suspends flights from India, Pakistan, other countries until July 15

Passengers who have transited through these countries in the last 14 days will not be accepted to travel from any other point to the UAE

Global credit: Hedging bets on the recovery

Security selection will be particularly important within high yield

Racing for hydrogen: How gas giants are vying to stay relevant

Clean hydrogen could meet a quarter of the world’s energy needs by 2050

GCC: How can digital government services seize opportunities to accelerate trust

GCC governments must build data management trust, develop data governance policies, engage with end-users to ensure they are continuously informed, and drive sustained digital service delivery improvements

Dubai’s DP World acquires US-based logistics provider

The transaction is subject to customary completion conditions

Understanding the impact investment mindset

Investments in companies that prioritise social and environmental objectives perform as well financially as traditional investments

Dubai cloud kitchen Kitopi becomes a unicorn after new $415m funding led by SoftBank

The deal marks one of the largest funding rounds for a Middle East technology company

UAE reports 1,675 Covid-19 infections, 8 deaths

The nationwide case count has now risen to 634,582

Emirati Genome Programme partners with SEHA to increase participation in Abu Dhabi

Participants will only be required to donate either a blood sample or a buccal swab during their visit to the collection sites

In pics: Emaar partners with Lamborghini to launch luxury villas at Dubai Hills Estate

Majestic Vistas will be located within the lavish Dubai Hills Vista development

Watch: As UAE’s e-commerce market booms, here’s how operators can remain profitable

The value of the e-commerce market in the UAE is projected to reach $8bn by 2025

Finance chief who steered Saudi Aramco through IPO to step down

The company is set to name Ziad Al-Murshed as chief financial officer, replacing Khalid al-Dabbagh

UAE’s Hope probe sends first global images of Mars’ discrete aurora

The Hope probe – which entered Mars orbit in February – is following its planned 20,000 – 43,000 km elliptical science orbit