It covers the payment of instalments and interests over the period from January 1 to December 31, 2020
Author: Aarti Nagraj
Wizz Air Abu Dhabi to begin flights to six European destinations from October 1
Tickets for flights to the six European destinations from Abu Dhabi are already on sale
Abu Dhabi Islamic bank provides exclusive offers to healthcare workers
These offers include a reduction on the profit rate and pricing discounts on some of the bank’s financial products
Etihad, Air Arabia announce special flights from UAE to India
Etihad and Air Arabia are also accepting booking for ICA-approved UAE residents to return to the country from India
UAE announces phased renewals of expired residency visas, Emirates IDs from July 12
Those whose documents have expired in March and April must proceed with the renewal process immediately
UAE residents in India can now return on Vande Bharat, charter flights
The permission for UAE residents to return to the country has been initially granted for 15 days from July 12-26
How the private aviation sector in the Middle East is responding to the Covid-19 crisis
Pre-pandemic estimates suggested that there are approximately 800 private jets registered in the Middle East and North Africa (MENA) region
Abu Dhabi aims to attract skilled expats by making life cheaper
Abu Dhabi is the 39th most expensive place for expatriates, according to New York-based consultant Mercer, more costly than Boston or Milan
UAE establishes new office to recognise and support country’s frontline workers
The Frontline Heroes Office will grant rewards, present certificates of appreciation, and nominate some to receive honorary medals too
Amazon launches on-demand home services in UAE including disinfection, car washing and pet grooming
During the launch phase, customers in Abu Dhabi, Dubai and Sharjah can book from over 70 services
Abu Dhabi’s Etihad to operate at 45% pre-Covid capacity by August; to add 20 destinations from next month
It has added a host of destinations that it will fly to beginning next month
UAE’s Agthia Group appoints new CEO
Alan Smith succeeds Jamal Salem Al Dhaheri, acting CEO of the group
UAE’s new low-cost airline Air Arabia Abu Dhabi to begin flights on July 14
Air Arabia Abu Dhabi will start its operations with flights to Egypt, operating two Airbus A320 aircraft
ADNOC hires Morgan Stanley veteran Klaus Froehlich as CIO
Froehlich spent 16 years working at Morgan Stanley in Europe and the Middle East
Abu Dhabi’s virtual trading platform closes funding round
MidChains is expected to launch trading operations in 2020, subject to FSRA approval
Wizz Air begins flights connecting Abu Dhabi and Budapest
The airline will expand its network from Abu Dhabi to include flights to Sofia, Katowice and Cluj-Napoca in September
Abu Dhabi-based G42 joins Israel Aerospace Industries, Rafael to combat Covid-19
They will jointly leverage their combined knowledge, human and technological assets, to accelerate the delivery of solutions to combat the pandemic
Coronavirus pandemic drags global M&A to lowest level since 2012
Little more than $1 trillion of deals have been announced this year, making for the slowest first half since 2012
Update: Covid-19 tests no longer required to visit Abu Dhabi’s beaches, parks
A few beaches and parks will reopen in the first phase starting July 3, with occupancy capped at 40 per cent of the total visitor capacity
Uber partners with Mastercard to offer free rides home to all inbound UAE residents
The service will be applicable for rides home from Dubai International Airport, Al Maktoum International Airport and Abu Dhabi International Airport
Etihad operates 106 UAE humanitarian aid charters to combat Covid-19 globally
The flights were undertaken to 54 destinations to transport medical and food aid
UAE residents and citizens cannot travel abroad for tourism
Residents who wish to visit their home countries and return to the UAE will be permitted to do so
UAE’s Taqa to offer more shares in asset-transfer deal
Taqa has 23 gigawatts of power-generation capacity globally, with assets in Canada, Ghana, India, Iraq, the US and several other countries
Abu Dhabi’s AI university signs research cooperation agreement with Virgin Hyperloop
The Mohamed bin Zayed University of Artificial Intelligence is the world’s first graduate-level, research-based AI university
