UAE telecom operator du reports 11.4% increase in net profit for Q2 2021

The board of directors approved an interim dividend of Dhs0.10 per share

Kuwait removes most Covid-19 restrictions, resumes all commercial activities

Large gatherings continue to be banned, and those not vaccinated will have restricted entry in certain areas

Dubai International Financial Centre DIFC

Legaltech startup Clara receives investment from Dubai’s DIFC FinTech Fund

The UK-based company has established an office in Dubai International Financial Centre

Sharjah city skyline

Sharjah’s real estate transactions rise 40.5% y-on-y in H1 2021

GCC citizens, including those from the UAE, invested a total of Dhs9.7bn across 10,787 properties during that period

Covid-19 update: UAE reports 1,549 cases, 7 deaths

The nationwide case count has now risen to 673,185

UAE: Flights from India, Pakistan suspended until August 2 – Etihad

The airline issued the directive in response to customer queries on Twitter

Dubai’s RTA implements new AI projects to improve bus services

The new measures have helped accelerate recovery from the Covid-19 pandemic

UAE consumers

UAE consumers claim brands have one shot to impress them

Ninety-one per cent of UAE consumers say their expectations of digital services have increased since the start of 2020

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi

Sheikh Mohamed bin Zayed forms new board of Abu Dhabi’s Chamber of Commerce and Industry

The board will represent vital sectors and companies of all sizes across the emirate

Crossborder alliances: What does the future hold for the regional cleantech sector

Asher Fredman, CEO of Gulf-Israel Green Ventures, discusses all thing sustainable with Gulf Business in the aftermath of the Abraham Accords

Abu Dhabi Hub71

Abu Dhabi’s Hub71 to endorse tech entrepreneurs for golden residency visas

Recipients of the five-year visas can also sponsor their families and up to three executive directors

Saudi to resume Umrah for foreign pilgrims from August 10

The kingdom reopened the Grand Mosque in Makkah to domestic Umrah pilgrims on Sunday, July 25

Dubai real estate

Dubai records Dhs14.79bn in real estate sales for June 2021

It was the highest value of sales in eight years, according to Mo’asher, Dubai’s official sales price index

Abu Dhabi

Abu Dhabi slashes private sector business setup fees by over 90%

Business setup and licence renewal fees have been reduced to Dhs1,000

Fenix

Fenix launches 10-minute grocery delivery service in Abu Dhabi

Initially the service is available in Reem Island with free delivery and no minimum order

Covid-19 update: UAE reports 1,528 cases, 4 deaths

The nationwide case count has risen to 671,636

Here are the next public holidays in the UAE

The next national holiday will fall in August

Cover story: Mastercard’s regional head on developing a financially equitable future

In this exclusive interview, Raghu Malhotra, president of Mastercard Middle East and Africa speaks of the importance of financial inclusion, of leveraging key technologies and offers advice to leaders on handling a crisis

GCC’s energy space: What does the future hold?

Stakeholders across local and regional countries are keen to pursue sustainable fuels

Dubai Electricity and Water Authority

DEWA commissions 3 new substations in Dubai at an investment of Dhs430m

The substations supply Al Barsha 1, Mirdif, and Wadi Al Safa 2

Ban on flights from India, Pakistan, Bangladesh and Sri Lanka extended – Emirates

Flights from the four nations will remain suspended until July 28

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed establishes new council in Dubai to increase Emirati participation in private sector

Sultan bin Saeed Al Mansoori will chair the Emirati Human Resources Development Council

How is the GCC’s energy transition faring

In the GCC, hydrocarbons have traditionally been the driving force for the economies

Covid-19_UAE

Covid-19: UAE announces 1,547 new cases, 3 deaths

The total number of recorded cases in the UAE now stands at 667,080

Riwa Khan_Majama

The SME Story: Riwa Khan, founder of Majama

Dubai-based Majama produces vegan and gluten-free desserts with ambitious plans to expand further into the GCC markets

UAE Ahmed Mansoor

UAE refutes Human Rights Watch claim over Emirati Ahmed Mansoor

Saeed Rashed Al Hebsi, director of the Human Rights Department at MoFAIC, added that the claims repeat allegations that originated from unverified sources

NMC-Healthcare

EY accused of actively concealing NMC Health audit fraud from investors

BR Shetty filed a suit in New York last week, naming Ernst & Young as a co-conspirator in the fraud alongside former executives

Miami Dubai Emirates

Emirates commences inaugural Dubai-Miami passenger service

Emirates flight EK213 departed at 3.10am from Dubai on Thursday morning

Saudi Arabia

Saudi bans citizens from travelling to Indonesia over Covid-19 concerns

It urged its citizens in Indonesia to exercise caution and to return to the kingdom at the earliest

Saudi Aramco

Saudi Aramco confirms data leak after reported cyber ransom

The state-owned driller was reportedly offered the chance to have the data deleted for $50m in cryptocurrency