#News

Saudi Crown Prince arrives in Qatar after completing UAE trip

The visit marks the first by the Saudi leader since the GCC rift with Qatar was ended in January this year

UAE stock market

UAE stock exchanges to begin operating Mondays-Fridays

The banking and financial sectors are expected to be among the biggest beneficiaries of the newly structured weekends

Prince Mohammed bin Salman bin Abdulaziz and Sheikh Mohamed bin Zayed Al Nahyan

Saudi Crown Prince arrives in Abu Dhabi on two-day state visit

UAE President Sheikh Khalifa bin Zayed Al Nahyan conferred the ‘Order of Zayed’ on Prince Mohammed bin Salman bin Abdulaziz Al Saud

New UAE weekend: Private sector companies can decide whether to make a change

The UAE on Tuesday announced a new four-and-a-half-day working week for federal government entities

Private schools across Dubai to follow new working week

The UAE government announced a truncated working week for the public sector earlier today

Sole DXB

Sole acquires stake in UAE basketball league Ball Above All

The league will be rebranded as Sole Ball Above All

Saudi Arabia Sputnik V

Saudi Arabia approves entry of visitors jabbed with Sputnik V Covid-19 vaccine

However, upon entering the country, persons vaccinated with Sputnik V will be required to quarantine for 48 hours and take a PCR test

Projects of the 50: Dhs50bn UAE Railways Programme launched

It includes a high-speed passenger service connecting 11 key cities in the country including Dubai and Abu Dhabi

Dubai’s RTA completes 50% construction of Sheikh Rashid bin Saeed Roads Corridor

The project, which extends 8km along Ras Al Khor Road, runs from the intersection of the Dubai-Al Ain Road to the junction of Sheikh Mohammed bin Zayed Road

UAE cabinet

UAE cabinet approves conditions for housing loans exemptions for Emiratis

The cabinet during a meeting on Monday also approved a National Medicine Policy and a national strategy for cultural and creative industries

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai

Sheikh Mohammed pardons 672 prisoners in Dubai

The order was issued ahead of the UAE 50th National Day which will be observed this week

Etihad Airways

UAE National Day: Etihad offers up to 50% discount on flights

The 50-hour sale will run from 10pm on November 29 and will end at midnight on December 1, 2021

Etihad Morocco

Etihad to suspend flights between Abu Dhabi and Morocco

The suspension will be effective starting November 30, for a period of two weeks

Dubai Vaccine Covid-19 booster

Dubai: DHA to administer Pfizer-BioNTech boosters for residents aged 18 and above

The health authority said that the boosters can be taken six months after receiving the second dose

Saudi Arabia airport

Covid-19: Saudi to permit direct entry to all those who have received one vaccine jab

Travellers who have taken one shot of the vaccine will need to undergo quarantine for three days

UAE President Sheikh Khalifa approves largest legislative reform in country’s history

It covers a wide range of subjects including personal security, higher education and data protection, among others

Dubai airport

Covid-19: UAE to ban entry from seven countries over Omicron concerns

Flight will however continue to transport passengers from the UAE to these countries

Etihad

Etihad opens new early check-in facility for passengers at Abu Dhabi airport

The service is available from November 25-December 31, and allows passengers to check-in up to 24 hours before their flight

Zanzibar airport

UAE’s dnata to provide services at Zanzibar airport

It involves an investment of over $7m and will reportedly create up to 400 direct local jobs

Dulsco

Dulsco launches region’s first re-refinery plant in the UAE

The 14,000 sqm facility in Jebel Ali is capable of processing around 1,400 tonnes of oily waste

UAE

UAE updates Covid-19 protocols for entry through land borders

The new rules are effective starting Tuesday, November 23

WenChao Group to set up Dhs735m food manufacturing facility in Dubai

Construction of the more than 950,000 sqft facility in Dubai Industrial City will start in the first half of 2022

UAE-based multi-brand electric vehicle platform EV Lab, has partnered with with Croatian electric hyper manufacturer, Rimac Automobili to bring Rimac’s Nevera to Dubai. Nevera, the world’s fastest accelerating production EV, is now on display for the remainder of Expo 2020 at the Croatia Pavilion, which visitors can preview. EV Lab will act as the sole distributor for the ultra-exclusive Nevera and revealed that the first test drives for the MENA region will be taking place in Abu Dhabi at Yas Marina Circuit in February 2022. The Nevara is powered by a quad-motor drivetrain, where each motor powers one wheel individually. When combined, the wheels produce 1,914 horsepower, which is enough to accelerate the car from 0-60 miles per hour in just 1.85 seconds. In addition, the Rimac Nevera has set a new world record for production car acceleration, covering the quarter-mile in just 8.582 seconds. The Nevera is the production-ready iteration of the Rimac C_Two, first announced in 2018. It has been designed, engineered, tested and manufactured in-house at Rimac’s global headquarters in Croatia. “The electric vehicle market has grown - even with the pandemic. We’ve seen 72 per cent growth over 2020,” said Kevin Chalhoub, founder and CEO at EV Lab “Just look around. Electric charging stations are readily available here in the UAE. We are at the forefront of technology and innovation which is why it is really great we are able to launch here are Expo 2020.” “Our goal is to showcase that electric vehicles are not only sustainable but also at the forefront of technology as Rimac is doing just that with the first electric hypercar company in the world. Paying homage to Expo 2020 key themes of Mobility, Sustainability and Opportunity, the Rimac Nevera will be on display at Expo 2020 until March 31, 2022.” After starting Rimac Automobili in 2011 with just a handful of people, CEO Mate Rimac has grown the company from a specialist component manufacturer to a series production hypercar and technology powerhouse, which employs over 1,300 dedicated employees. Recently, Rimac and Bugatti joined forces under the new company – Bugatti Rimac – combining Bugatti’s heritage of design and engineering with Rimac’s technology.

UAE’s EV Lab brings world’s fastest accelerating production EV to Dubai

The car is on display at the Croatia pavilion at Expo 2020 Dubai

Bahrain says ‘Iran-linked terrorists’ arrested for plotting attack

Weapons and explosives from Iran were seized from the accused who are “associated with terrorist groups”, officials said

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi offers 50% off on flights to all destinations

The airline is doing so to commemorate the UAE’s Golden Jubilee anniversary

Dubai UAE

Dubai issues 55,194 new business licences during the first 10 months of 2021

The figure marks a 69 per cent increase over the same period in 2020 when 32,626 licenses were issued

Saudi forces intercept armed drone launched towards Najran airport

Shrapnel and fragments fell across the residential neighbourhood of Al-Araysah

fintech

VentureSouq launches MENA region’s first fintech fund

The $50m fund will invest in early-stage fintech and SaaS companies across the Middle East, Africa and Pakistan

Hind Seddiqi, director general of Dubai Watch Week

What to expect at Dubai Watch Week 2021

The fifth edition of the Dubai Watch Week returns this month, and it’s the biggest one yet. Hind Seddiqi, director general of the event, shares a few insights

Emirati employee

Emirati members of Dubai SME to get up to seven-year exemption on licence fee

The fee exemption applies to registered Emirati members who have not completed the five-year period