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Emirates Dubai Hong Kong Dhaka

Dubai’s Emirates suspends flights to Hong Kong, Dhaka

Outbound Emirates flights from Hong Kong will still operate as per their schedule

Revealed: Top 5 most powerful Arabs in the UAE

The highest ranking entries originating from the UAE in Gulf Business’ annual Arab power list 2021

Hope Consortium expands vaccine storage capacity, creates largest ‘freezer farm’ in UAE

The freezers are connected to Maqta Gateway’s digital blockchain-enabled solution, which tracks the journey of vaccines through the supply chain

Mubadala says it’s close to IPO of Emirates Global Aluminium

The company had planned an IPO in 2018 or 2019 but it was pulled after then-US President Donald Trump imposed tariffs on aluminum imports from the UAE

Abu Dhabi oil giant ADNOC considers drilling, fertilizer IPOs

Deliberations on the potential listings are ongoing and no final decisions have been made

UAE salary

UAE to raise employee insurance premium for companies failing to pay salaries on time

The employee insurance policy coverage will be increased from Dhs120 to Dhs250 for companies that do not pay salaries on the due date

Dubai FDI

Dubai records Dhs24.7bn FDI in 2020

Dubai ranked fourth globally in FDI capital flows into greenfield projects

Finance House

For UAE SMEs: These business solutions simplify services and boost earnings

UAE-based Finance House’s ‘Rabeh Business’ suite of products aim to support small businesses via a wide range of offerings

UAE confirms the start of Ramadan from Tuesday

The announcement came after the crescent was sighted on Monday evening

Half of UAE workers prefer to work from home, Avaya study finds

Two-thirds of workers say they have the necessary technology to work from anywhere

Wizz Air Abu Dhabi initiates flights to three new destinations

They include two cities in Egypt and one in Europe

Covid-19 update: UAE reports 1,928 cases, 2 deaths

The nationwide case count has risen to 485,675

Emirates Sheraa

Emirates partners with Sharjah’s Sheraa to spur startup and entrepreneurship ecosystem

Emirates will offer discounted fares for attendees of the Sharjah Entrepreneurship Festival and to startups relocating to the UAE through Sheraa’s initiatives

Emaar chief, Mohamed Alabbar, to chair new UAE digital bank

Zand aims to make banking quicker and simpler, via its digital offerings

Patek Philippe’s Sky Moon Tourbillon Ref. 5002

Christie’s Dubai sets new record for most expensive watch sold at auction in the Middle East

The Patek Philippe’s Sky Moon Tourbillon Ref 5002 also became the most expensive watch sold online by Christie’s worldwide

Sheikh Khalifa pardons 439 prisoners ahead of Ramadan

The ruler of Sharjah also pardoned 206 prisoners

Ramadan 2021: UAE moon sighting committee to meet on Monday

In Saudi Arabia, the Supreme Court said that the crescent had not been sighted on Sunday evening

UAE’s Mubadala may join $12bn Aramco oil pipelines deal

Mubadala is in talks with US investor EIG Global Energy Partners, the lead member of the consortium

Dubai Chamber

Dubai Chamber members’ exports reach Dhs54.8bn in Q1 2021, up 6% y-on-y

Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021

Dubai restaurants do not require to screen off dining areas during Ramadan fasting hours

Restaurants also do not require to obtain a permit to serve food during the Ramadan fasting hours

Dubai’s Emaar appoints new board, approves dividend plan

Emaar Properties reported a 57.8 per cent drop in net profit for 2020

Sheikh Mohammed launches initiative to provide 100 million meals across 20 countries

The campaign will provide food support to the vulnerable in the Middle East, Africa and Asia

Covid-19 update: UAE reports 1,810 cases, 2 deaths

The death toll in the UAE has risen to 1,531

How banks can leverage technology to explore the digital economy

JMR Infotech’s innovation adds value to the digital transformation journey of banks and financial institutions in the Middle East and Africa region

Head of UAE’s Lulu Group safe after chopper crash lands in India

No major injuries were reported

Dubai foreign trade

Dubai’s non-oil external trade reached Dhs1.182 trillion in 2020

China remained Dubai’s largest trading partner with Dhs142bn worth of exchanges in 2020

Mubadala discusses GlobalFoundries IPO at $20bn value

Technology companies have already raised $20bn in US IPOs this year

UAE astronaut programme

UAE selects first female Arab astronaut

Nora AlMatrooshi and Mohammed Al Mulla are the two latest recruits of the UAE Astronaut Programme

UAE names Jassem Al Zaabi as central bank vice chairman

The new position follows the appointment of Khaled Mohammed Al Tameemi as central bank governor

Private sector ramadan 2021

Ramadan 2021: Timings for UAE private sector employees announced

There will be an official reduction of two hours for private sector employees in the UAE