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UAE

NMC controversy: Founder BR Shetty issues first public statement, denies wrongdoing

Shetty claimed he was also a victim of fraud and put the blame on a “small group of current and former executives”

UAE weather update: Rain hits scattered parts, overcast conditions forecast for the rest of the week

The UAE recorded its lowest temperature of 20°C at Ras Al Khaimah Airport at 6am today

First Abu Dhabi Bank

First Abu Dhabi Bank reports 22% decrease in year-on-year Q1 2020 net profit

Meanwhile, the value of total assets of the UAE’s largest bank rose 14 per cent to Dhs835bn

Abu Dhabi issues guidelines for reopening restaurants, lounges and bars in hotels

Some of the requirements include testing all staff for Covid-19, installing thermal cameras and ensuring social distancing protocols are in place

Abu Dhabi’s ADPower solar project receives world’s lowest tariff bid

The 2GW Al Dhafra Solar PV project is slated for completion in the second quarter of 2022

Abdul Hamied Ahmed Seddiqi

Ahmed Seddiqi family donates Dhs10m to Covid-19 medical research in the UAE

Dubai-headquartered Ahmed Seddiqi & Sons are one of the world’s biggest luxury watch and jewellery retailers

British Business Group

British Business Group in the UAE launches new website to support companies

Nearly 65 per cent of British Business Group members say they need more clarity on the UAE government schemes available to them

NORQAIN

Independent Swiss watch brand NORQAIN has big plans for the Middle East

In conversation with Bienne-based watch brand NORQAIN’s founder and CEO Ben Küffer

UAE Covid-19

GCC Covid-19 update: UAE reports 541 cases, 7 deaths

The total number of Covid-19 cases in the UAE has now spiked to 11,380

UAE PR firm Atteline offers pro-bono consultations amid virus pressures

As much as 60 per cent of Atteline’s client base consists of home-grown regional brands

Emirates Loto

Dubai-based Indian and Filipino expats win Dhs500,000 each in Emirates Loto draw

The jackpot prize has been raised to Dhs45m for the next edition of the draw expected to take place on Saturday, May 2

Dubai to raise bonds privately to bolster finances

The emirate raised Dhs1bn through a private placement of eight-year Islamic bonds at a rate of 4.71 per cent earlier this month

Burj Khalifa[2] dubai

Dubai likely to start opening up for tourists in July

The reopening will likely start gradually and could be delayed until September, depending on global trends

Lucid Motors

Electric car manufacturer Lucid Motors enters UAE and Saudi Arabia

The Saudi PIF-backed company is expected to begin deliveries of its Lucid Air model next year to customers in the Middle East

Dubai’s Hala service partners with Sweetheart Kitchen to offer free meals

Over 500 three-course meals will be provided to Hala captains via the initiative

Majid Al Futtaim launches Dubai’s ‘first’ in-store hydroponic farm

The farm spans 24 square metres and can accommodate up to 16 varieties of leafy greens and herbs

Abu Dhabi mall employees to be tested for Covid-19; new guidelines for customers visiting shopping centres

The testing of the employees would be carried out in coordination with the Department of Health (DoH)

doctors

UAE reports 490 new Covid-19 cases, 6 deaths

Since the outbreak, the country has reported a total of 10,839 Covid-19 cases

coronavirus

GCC Covid-19 update: Saudi reports 1,289 cases

Saudi Arabia has reported a total of 18,811 Covid-19 infections since the outbreak

Dubai reduces instant licence fee by over 90 per cent to Dhs250

For existing licence holders, the new fee will apply at the time of renewals

Google reveals how Covid-19 has impacted mobility in the GCC

The average mobility reduction for the GCC region during Q1 2020 was 34.1 per cent

Discovery Gardens

Dubai Discovery Gardens’ tenants to receive rent deferrals, waivers

Restaurants whose services are restricted to delivery-only are offered a two-month rent-free period for April and May

Etihad Ramadan box

Etihad to distribute Ramadan boxes to healthcare workers in the UAE

Via the Zomato app, anyone who has been medically or financially impacted by the virus can also request for the box

Bee’ah launches disinfection pods to optimise safety amid virus concerns

There is also the option to mount a thermal scanning system at the entrance of the disinfection pods to undertake contactless monitoring of body temperatures

How businesses will reinvent themselves in the wake of the Covid-19 pandemic?

Lack of labour availability, disrupted supply chains and other impacts will require serious appraisal if organisations are to effectively deliver their reshaped services to customers

Abu Dhabi’s NMC Health to delist from London Stock Exchange; UAE to seize founder BR Shetty’s assets

NMC Health said last month that they had uncovered $2.7bn of debt hidden from its board, doubling its borrowings to around $5bn

LinkedIn Ramadan campaign

LinkedIn launches first-ever Ramadan campaign from the Middle East

Members can post their thoughts and stories of kindness using the hashtag #MonthOfKindness throughout the holy month

DAFZA announces incentives to support freezone companies

DAFZA will also cancel fines issued to companies

Dubai Silicon Oasis disinfection tunnel

Dubai Silicon Oasis Authority develops Covid-19 disinfection tunnel

The disinfectants used are safe, environmentally-friendly and fully compliant with Dubai Municipality’s guidelines

Chevrolet Tahoe

Chevrolet offers deep discounts and order-from-home on its cars in the UAE

Customers can complete the entire purchasing process online without visiting the showroom