UAE startup Pawame secures $2.5m, launches $5m Series A round for expansion in Africa

Pawame offers a portfolio of solar home systems in remote areas of Kenya on a micro-financed basis

Data server

How technology providers can address data centre cooling challenges

Advanced computational fluid dynamics software is increasingly deployed to predict the air speed and temperature field of UPS components, boards, and systems

Abu Dhabi Khalifa Port

Abu Dhabi Terminals partners with Microsoft for AI-enabled container tracking solutions

The new technology will ensure 100 per cent traceability of containers, as well as the potential to launch an autonomous vehicle system

Qatar says World Cup preparations on track despite pandemic

Qatar is spending hundreds of billions of dollars on infrastructure construction ahead of the World Cup

RTA awards contracts for constructing 34.4km internal roads in Dubai

The internal roads will be constructed at three residential communities – Al Quoz 2, Nad Al Sheba 2 and Al Barsha South 3

Saudi bottled water company is said to join list of IPO hopefuls

The IPO could add to a string of listings in Saudi Arabia

Bahrain in talks with banks for bond sale in second half of 2021

The nation last tapped the international debt market in January

Three mistakes brands make when using influencers and how to correct them

There are several factors that need to be kept in mind to ensure a successful influencer marketing campaign

Revealed: Most ‘Instagrammable’ spots in the UAE

From Dubai Miracle Garden to Al Noor Island in Sharjah, find the best places to take the perfect pictures

Revealed: Budget friendly tips for tourists visiting Dubai

Here are a few pocket-friendly ways to visit Dubai and make the most of it

Dubai airport

UAE suspends entry of passengers from Vietnam

The entry ban is applicable to those who have been in Vietnam 14 days prior to their arrival to the UAE

Saudi business activity expands at fastest pace since 2017

The kingdom’s Purchasing Managers’ Index survey compiled by IHS Markit rose to the highest since January

Co-Founders Urban Company

Urban Company raises $255m in Series F funding round

Founded in November 2014, the company with operations in several countries including the UAE and Saudi Arabia is now valued at $2.1bn

Virgin Mobile Middle East and Africa

Virgin Mobile Middle East and Africa to eliminate single-use plastics in SIMs and recharge cards

It is aiming for its operations to become carbon neutral by the end of 2021

UAE reports 1,989 Covid-19 cases, 3 deaths

The case count in the UAE stands at 576,947

Abu Dhabi Ports

ADX lists $1bn bonds issued by Abu Dhabi Ports

The exchange’s market capitalisation increased 27 per cent during the first quarter of 2021 to Dhs940bn

Dubai’s Emirates to launch new service to Miami

The carrier will now serve the US with over 70 weekly flights across 12 gateways

etihad phuket rabat

Abu Dhabi’s Etihad to resume flights to Phuket and Rabat

Services to Rabat will resume on June 23, 2021, and to Phuket on July 1

Iran says refinery engulfed in fire to be back online Thursday

The Tehran Oil Refinery suspended all operations on Wednesday after a leak at a liquid gas pipeline caused the blaze

Alliance forms Israeli government to unseat Netanyahu

In a historic first, an Arab faction is to become part of an Israeli governing alliance

Emirates Development Bank, Commercial Bank of Dubai

Emirates Development Bank, Commercial Bank of Dubai sign MoU for SME lending programme

CBD can offer up to Dhs10m financing to an SME, and 50 per cent of the facility amount will be either guaranteed or co-lent by EDB

UAE-Japan

UAE, Japan to launch business council

Japan is ranked tenth globally among the list of countries investing in the UAE

Abu Dhabi’s ADQ is said to eye stake in top Egyptian dairy firm

Deliberations are in the early stages and there’s no certainty ADQ will proceed with any transaction

Paul Griffiths Dubai Airports CEO

Dubai Airports CEO expresses uncertainty over UAE being removed from UK’s travel red list soon

Paul Griffiths added that the UAE is working on a vaccine passport system which will help facilitate travel

Oman

Oman: Sweeping relaxation of internal Covid-19 restrictions; entry ban extended for UK, India, Pakistan

Oman’s land borders will be reopened with permission granted to Omanis and GCC citizens residing in the sultanate to cross them

Investcorp to delist from Bahrain Exchange after nearly 40 years

The delisting, which is still subject to regulatory approvals, is expected to be completed in the next month

UAE reports 2,154 Covid-19 cases, 2 deaths

The nationwide case count now stands at 574,958

Aramco said to plan bond sale to help fund $75bn dividend

The price of oil has doubled since October to more than $70 a barrel

Dubai’s Emirates to restart flights to Phuket

Those who are vaccinated against the Covid-19 infection need not quarantine on arrival

Former Real Madrid star, Michel Salgado, features in new advert on Dubai’s Emirates Airline

Salgado also represented the Spanish national team over eight years