Kuwait Airways Flights

Kuwait suspends flights to 31 countries; caps daily number of incoming passengers

All incoming passengers will need to undergo a mandatory 14-day home quarantine

Microsoft, TikTok deal on hold as Donald Trump mulls US ban

US alleges ByteDance could turn over Americans’ user data to the government in China

Dubai DMCC Diamond Exchange

Dubai’s DMCC cuts business registration fees for diamond companies by 50%

DMCC also said that newly registered companies will be offered a free 12-month membership of the Dubai Diamond Exchange

china oman

Chinese oil giant CNPC eyes BP’s $1.5bn stake in Oman gas field

China’s state-owned oil giant is reportedly conducting advanced discussions with BP for a 10 per cent stake in the Khazzan natural gas field

Saudi Aramco loses status as most valuable publicly listed company to Apple as Amazon closes in

Amazon riding an e-commerce and cloud computing wave as people shelter-in-place due to Covid-19

Emirates Dubai Seychelles

Dubai’s Emirates becomes first international airline to resume services to Seychelles

Emirates will fly five times a week to the popular tourist destination from Dubai

barakah nuclear energy uae

UAE begins nuclear energy production at Barakah plant

The UAE is the first Arab country, and the 33rd nation globally, to produce nuclear energy

Covid-19 impact: Is this the right time to invest in Dubai property?

The housing market in Dubai remains a top choice among investors even at times of crisis

Jobs are being wiped out at airlines, and there’s worse to come

The aviation industry has suffered more than most as the pandemic destroys ticket sales and strips companies of cash

Arrests made in Twitter hacking case, 17-year-old Florida native alleged ringleader

Tampa teenager, two others, targeted accounts of high-profile individuals in a bitcoin scam

Saudi Arabia’s PIF abandons bid for Newcastle United

The consortium formally withdrew its interest because of the prolonged process and current challenges

Repatriation flights from India to UAE to resume – Air India

Only UAE residents with a stamped copy in their passports can travel on the flights

UAE food and drinks maker Agthia shifts to home deliveries

The company has introduced its own e-commerce website, and sales through retailers’ online platforms are growing

Kuwait pension fund posts record first-quarter investment profit

The fund held $112bn in assets at the end of March last year

ADNEC Walk-In Facility_Phase III COVID-19 Vaccine Trials

New walk-in screening facility opened in Abu Dhabi for Covid-19 vaccine trials

The facility, which can process up to 800 volunteers a day, is only open to Abu Dhabi residents

New space technology centre to be set up in Abu Dhabi

One of its main objectives will be to build capabilities and create a technical space hub in the UAE

Airbus cuts production after burning through $5.2bn

The world’s biggest planemaker will now aim to produce five A350 aircraft a month rather than the six targeted in April

Kuwait to resume flights from Aug 1, bans residents from seven nations including India, Philippines

Kuwait had suspended all commercial flights to and from Kuwait International Airport in mid-March

Oil prices

Saudis seen cutting oil price for first time in four months

OPEC and allied producers have started to ease output curbs amid weakening demand

Etisalat’s eWallet expands into utility bill payments

eWallet is offering a Dhs5 cashback for eligible transactions of Dhs50

AXA to offer Covid-19 insurance cover

AXA will reimburse policyholders up to $5,000 for irrecoverable travel costs

Garmin restores some services, a week after a ransomware attack

Garmin has obtained the decryption key to recover its computer files

Dubai Media City venue Q43 shuts down for good

Q43 was a popular haunt for those working in Media City and Internet City in Dubai

Mastercard taps Microsoft Azure to boost R&D in ecommerce, fintech

Azure to serve as native cloud infrastructure for Mastercard Labs’ R&D efforts

Dubai Rugby Sevens

Emirates Airline Dubai Rugby Sevens tournament for 2020 cancelled

A local tournament may be held in Dubai in December, the official announcement of which is expected on August 10

Emirates Hospitals Group selects Okadoc to digitise call centre, roll out telehealth platform

Okadoc’s platform is expected to reduce no shows and increase Emirates Hospital Group’s revenues

Dubai’s Emirates to resume flights to Clark from August 1

The airline’s passenger network will grow to 68 destinations in August

Restaurants, cafés, food outlets in Abu Dhabi to operate at 80% capacity

All employees must undergo laser-based DPI screening for the virus every two weeks

India announces additional repatriation flights from UAE

From August 1-29, Air India will repatriate Indian citizens on 22 flights from Sharjah and Abu Dhabi airports

Dubai Public Transport Metro

Free parking in Dubai during Eid Al Adha 2020; public transport timings revised

The RTA has said that paid parking will resume in Dubai from Monday, August 3