Nasdaq Dubai Indonesia Government

Indonesian government lists three sukuk valued at $3bn on Nasdaq Dubai

The total value of all sukuk listed by the Indonesian government on the exchange now stands at $19.75bn

Abu Dhabi becomes first location to receive new Covid-19 medication

The Sotrovimab medicine can prevent severe cases and death for selected Covid-19 patients by more than 85 per cent

Newspapers

UAE allows distribution of magazines, newspapers to resume in all public spaces

In March 2020, the UAE National Media Council ordered the temporary suspension of distribution of these materials in certain public places as a result of the Covid-19 pandemic

Louis Vuitton owner signs deal with Google to use AI for boosting sales

The contract will run for at least five years and include training by Google Cloud to LVMH’s staff

Covid-19 update: UAE reports 2,011 cases, 4 deaths

The nationwide case count has risen to 603,961

Flydubai becomes first airline to partner with UAE’s contact tracing Alhosn app

Flydubai passengers can now use the Alhosn app at check-in without having to present a printed copy of their negative PCR test result when travelling from Dubai

UAE online retailer noon announces dates for its next ‘big yellow sale’

The three-day event will see prices reduced by up to 70 per cent

Abu Dhabi

Abu Dhabi rolls out mass screening Covid-19 technology

The scanners will be used at entry points to the emirate and will screen for potential Covid-19 infections, providing immediate results and denying entry in case of a positive detection

Kuwait

Kuwait hasn’t renewed wealth fund’s board since term expired

Its board is appointed by royal decree for a four-year term and members can be reappointed

ENOC Link Expo 2020 Dubai

ENOC Link to provide over 1 million litres of fuel to Expo 2020 Dubai fleet

Earlier this year, ENOC launched its Service Station of the Future at the Expo 2020 Dubai site

FlyArystan Almaty Sharjah

Kazakh low-cost carrier FlyArystan begins flights to Sharjah

The airline will operate twice weekly flights on Sundays and Tuesdays between Almaty and Sharjah

UAE reports 2,127 Covid-19 cases; nationwide count scales past 600,000

The death toll has risen to 1,734

Dubai’s Emirates Group reports $6bn annual loss, records first non-profitable year in over three decades

The group reduced the strength of its total workforce by nearly a third to 75,145 employees

Elias Aad mastercard

Why smart cities are important to the UAE

Making well-informed data-based decisions around development policy accelerates local business, drives trade, and enables job growth

The role of data analytics in industry 4.0

Efficiency and increased profits are not the only advantages of adopting an Industry 4.0 model

ADNOC awards $510m contract to expand Shah Sour Gas plant capacity

Over 50 per cent of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme

Dubai’s Damac appoints new chairman, forms committee to assess Sajwani’s offer

Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac

EAGL Mini Series

All you need to know about Dubai’s upcoming Emirates Amateur Golf League Mini-Series

Nick Tarratt will be the tournament director for the EAGL Mini-Series which will be held at the Fire course at Jumeirah Golf Estates on June 20

Abu Dhabi’s Jiu-Jitsu Federation

Mubadala and UAE Jiu-Jitsu Federation open Abu Dhabi’s largest fitness centre

The new two-storey facility in Al Bahia features specialised jiu-jitsu training, cardiovascular and resistance training equipment

Bitcoin reaches highest level since May as chartists eye $50,000

Cryptocurrencies have been under pressure in recent weeks, with Bitcoin losing about 30 per cent since mid-April

Omnicom Media Group MENA appoints new CEO

Elda Choucair, who was serving as the group’s COO, will take on the role of chief executive

DP World

DP World is said to weigh sale of stake in Jebel Ali Free zone

The port operator is working with advisers to gauge interest in the sprawling industrial park

Malabar Gold & Diamonds Nasdaq Dubai

Malabar Gold & Diamonds joins Nasdaq Dubai’s Private Market

Malabar Gold & Diamonds currently generates an annual turnover of $4.51bn through a network of over 260 outlets and 14 wholesale units

Jeff Bezos plans to travel to space on Blue Origin flight

The billionaire plans to hand the reins as Amazon’s CEO to Andy Jassy on July 5

Covid-19 update: UAE reports 1,837 cases, 4 deaths

The nationwide case count stands at 599,823

Saudi non-oil economy rebounded to 2.9% growth in first quarter

In the first quarter, Saudi Arabia’s non-oil economy grew at its fastest pace since 2019

Pictures: ‘Most expensive’ villa in Dubai’s Palm Jumeirah sells for Dhs119.5m

The 12,140 sqft villa is reportedly the most expensive Dubai villa to be sold in the past six years

Oil rallies to 32-month high as rising demand emboldens bulls

The US benchmark is on course for a fifth quarterly advance, which would be the best run since 2010

Air Arabia Abu Dhabi to launch new service to Trabzon

The new service represents the 14th route for the carrier since its launch

Intelak Hub

Dubai’s Intelak Hub announces 2021 programmes for aviation and tourism startups

Startups that wish to participate in the incubator and accelerator programmes can be based anywhere in the world