#UAE

International Holding Company

Abu Dhabi’s International Holding Company reports Dhs3bn net profit for 2020

IHC’s total assets increased to Dhs14bn as of December 31, 2020, from Dhs4bn a year earlier

Covid-19 update: UAE reports 2,613 cases; nationwide count crosses 410,000

The death toll in the UAE has risen to 1,322

Etihad Abu Dhabi Covid-19

UAE’s Etihad extends global Covid-19 insurance until September 30, 2021

Passengers are covered for up to EUR150,000 of medical costs in case of a positive diagnosis 31 days from the date of travel

UAE’s first independent digital banking platform launched

Over 25,000 applicants pre-registered in the past two months to use the app

DP World

Dubai’s DP World inks $1.2bn agreement to build port and logistics park in Indonesia’s Gresik

DP World Maspion East Java will become the sole operator of the container port with a design capacity of up to three million twenty-foot equivalent units

cinemas abu dhabi

Abu Dhabi reopens cinemas at 30% capacity

Cinemas in the emirate were previously ordered to close indefinitely from February 5

Etihad

Abu Dhabi’s Etihad reports $1.7bn loss for 2020, passenger traffic down 76%

The airline reported $1.2bn in passenger revenues in 2020, down by 74 per cent from $4.8bn the previous year

Covid-19: UAE reports 2,742 infections; nationwide count crosses 400,000

The death toll stands at 1,286

Murshed Al Redaini

Power Letters 2021: Murshed Al Redaini, Group CEO, Yas Holding

Yas Holding’s education division companies deployed technology-based remote learning solutions for private and public sectors

Emirates Airline Dubai Rugby Sevens

Emirates Dubai 7s will be part of rescheduled HSBC World Rugby Sevens Series

Dubai will host both the Men’s and Women’s competitions, with both tournaments taking place on pitch one and pitch two for the first time since the inception of the Women’s Series

Cash dividends worth Dhs29bn proposed by 38 UAE listed companies for 2020

Banks are the largest distributors of profits

Etisalat du credit score

Etisalat, du to rely more heavily on UAE credit rating score for new postpaid customers

With the addition of Etisalat and du’s data, AECB’s customer information database stands at 9 million individuals and 600,000 companies

Anghami

MENA music streaming platform Anghami merges with Vistas Media, to list on Nasdaq New York

The agreement will result in Anghami becoming the first Arab technology company to list on Nasdaq New York

Drew Joshua Dennehy Three Coffee

The SME Story: Drew Joshua Dennehy, co-founder and general manager of Three Coffee

Dubai-based Three Coffee aims to implement sustainable practices along the entire coffee value chain

Covid-19 update: UAE reports 2,692 cases, 16 deaths

The case count across the country has risen to 399,463

UAE’s Ministry of Economy unveils list of violations, fines for money laundering

The issuance of the violations and fines list supports the UAE’s efforts in combating money laundering crimes and financing of terrorism

Unilabs Abu Dhabi

New Swiss lab in Abu Dhabi can analyse 80,000 Covid-19 PCR tests per day

Unilabs’ Abu Dhabi laboratories are also testing samples collected overseas, with results provided within 24 hours

Philippines to resume deployment of domestic workers to the UAE from March 31

The deployment of Filipino workers to the UAE has been suspended since 2014

Tobacco Cigarette

Dubai Municipality confiscates 26 tons of paan, over 400,000 packs of cigarettes

The products did not conform to UAE specifications and did not bear a digital tax stamp

Dubai UAE

Dubai Culture to grant 10-year residency visas to 1,000 individuals in upcoming phase

Since the announcement of the Cultural Visa in 2019, Dubai Culture has received 261 visa applications from 46 countries

Navigating the UAE’s used car market with Alba Cars

The used cars market in the UAE is booming and platforms such as Alba Cars offer certified vehicles for purchase

Covid-19 update: UAE reports 2,721 cases, 1,666 recoveries and 15 deaths

The nationwide case count has now risen to 396,711

Whats On Saudi

UAE-based lifestyle brand What’s On launches new website for the Saudi market

The site will focus on food, news, travel and local culture in Riyadh and Jeddah – with expansion to more cities towards Q4 2021

Mosque Dubai Ramadan tent

Covid-19: All Ramadan tent permits in Dubai are cancelled

The Islamic Affairs and Charitable Activities Department said that no tents are allowed outside mosques, houses or any other public places during Ramadan

Revealed: Top TikTok influencers in the GCC

TikTok’s approbation in the region continues to gain momentum

Dewa Jebel Ali Power Generation and Water Production Complex

Dubai’s DEWA bags Guinness record for largest single-site natural gas power facility

The complex can generate 9,547 MW of electricity

UAE’s Amanat buys Cambridge Medical in $232m deal

Cambridge Medical and Rehabilitation Center is a post-acute care and rehabilitation provider

Mohamed Mahmoud Al Khaja Israel UAE

UAE ambassador Mohamed Mahmoud Al Khaja meets Israel’s President Reuven Rivlin

Apart from Rivlin, Al Khaja also met with Gabi Ashkenazi, Israeli Minister of Foreign Affairs, in Tel Aviv

Covid-19 update: UAE reports 2,526 cases, 17 deaths

The death toll in the UAE has risen to 1,238

Sacha Jafri The Journey of Humanity Dubai

Sacha Jafri attempts to raise Dhs110m with record 17,000 sqft painting in Dubai

The artwork was created over 28 weeks in the ballroom of the Atlantis, The Palm from March to September 2020