kuwait-skyline

Kuwait’s $65bn debt plan in peril after draft law rejected

The bill was designed to raise as much as $65bn

jebel-ali-free-zone

Dubai’s foreign trade in medical sterilisers grows 23% to Dhs70m in H1

Exports rose by 20 per cent year-on-year to Dhs31m from Dhs25.7m, while re-exports stood at Dhs6.5m

Saudi sovereign fund said to hire ex-Morgan Stanley risk officer

The PIF received an injection of $40bn from the kingdom’s reserves in March and April

Abu Dhabi insurance company Daman appoints new CEO

Al Mehyas has been leading the company following a major reorganisation last year

Motorola One Fusion is now available in the UAE for Dhs699

The Motorola One Fusion offers a dedicated Google Assistant button

Fortnite Epic Games

Fortnite-developer Epic Games sues Apple

Epic Games wants to use its own payment system to facilitate in-app purchases rather than relying on Apple

Sharjah Airport

Sharjah Airport becomes first carbon neutral airport in the GCC

The carbon neutral status is received when net carbon dioxide emissions over a full year are zero

Dharma ransomware imperils SMBs utilising remote work due to Covid-19

Dharma is one of the most profitable ransomware families around, due to its mass-market, service-based business model

Dynamic opens new aviation training facility in Dubai

The centre in Dubai South provides comprehensive training for aircrew, and other aviation personnel

Etihad ESCO joins Moro Hub to boost Smart City capabilities

Etihad ESCO will now benefit from Moro Hub’s digital, cloud and secured services

Kuwait’s NOX Management launches region’s first large-scale indoor vertical farm

The facility has a daily output capacity of up to 550 kg of salad, herbs, and cresses

KUWAIT-HEALTH-VIRUS

Kuwait to move into fourth phase of reopening this week

Salons, gyms, barbershops, tailors, and spas are set to reopen from August 18

Saudi wealth fund is said to repay $10bn bridge loan

PIF has shifted its focus from being mostly a domestic holding company to an international investment vehicle with stakes in Citigroup, Facebook and Boeing Co

Saudi wealth fund ditches blue-chip stocks, adds ETFs

The Public Investment Fund disclosed stakes worth $10.1bn at the end of the second quarter

Anwar Gargash, Minister of State of Foreign Affairs

UAE says pact with Israel not about confronting Iran

The deal is all about the UAE, Israel and the United States, says Gargash

Regional startups on a ‘growth’ trajectory amid Covid-19 crisis

While the pandemic may have rattled industries, the regional startup ecosystem remains resilient

Canon data leaked by Maze ransomware group

Canon appears to have refused to pay ransom

Poor diets to cause corporate loss as productivity dips

The Covid-19 pandemic is exacerbating pre-existing issues such as malnutrition and obesity that could hamper employee productivity

Dubai airport

UAE residents flying back to Dubai still require GDRFA approval

A directive that went into effect on Wednesday had said all expats with UAE residency visas can enter the country without prior approvals

President Trump Meets With Israeli PM Netanyahu At The White House

UAE, Israel agree on historic deal to establish diplomatic ties

US President Donald Trump said the deal will facilitate peace in the Mideast

Food data intelligence platform, NutriCal, launches in the UAE

Calorie count meter helps diners to make calculated decisions

flydubai flight

Flydubai resume flights to additional destinations, expanding network to 24

The airline said more than 240 repatriation flights are scheduled in the upcoming weeks

UAE-based Foundation Holdings to invest $42m in India’s edtech firm Toppr

Covid-19 has disrupted traditional classroom learning in favour of digital offerings

La Serre Boulangerie Dubai

Dubai restaurant La Serre to expand to Riyadh, New York and London

It will open its first interantional outpost in Riyadh in Q1 2021

The LinkedIn makeover – 7 steps to get noticed

Look better, rank higher and get interactive to supercharge your professional profile

Dubai’s Emirates dedicates over 50 flights to Lebanon to deliver relief support

Emirates SkyCargo will provide a 20 per cent reduction on air freight transportation charges for approved shipments

New real estate AR game attracts thousands in Abu Dhabi

More than 13,000 players ‘purchase’ more than 76,000 properties in Abu Dhabi

Patrick Chalhoub, CEO of Dubai-based Chalhoub Group

How the luxury retail sector in the UAE can stage a comeback

Personal luxury sales in the UAE and the Middle East has, expectedly, nosedived. But luxury retailers are pushing forward a multi-pronged strategy that will – if successful – result in a gradual resurgence of the industry

How digitisation will help the oil and gas industry

Deploying technological tools will help regional oil and gas operators improve worker health and safety and innovate to find new solutions