Etihad Airways IATA Travel Pass

Etihad introduces IATA Travel Pass on flights from Abu Dhabi to seven cities

It will cover destinations in Europe, North America and Asia

Emirates NBD

Dubai’s Emirates NBD reports 17% year-on-year rise in net profit for H1 2021

Total income declined 9 per cent year-on-year to Dhs11.54bn

UAE weather update: Dust storms expected, temperatures to touch 50°C

The country recorded its lowest temperature of 25.5°C in Raknah (Al Ain) at 5.45am this morning

Kuwait: Fully vaccinated expats can return from Aug 1, need to undergo home quarantine

Kuwait residents with valid iqamas can return to the country provided they have received one of four approved vaccines

Emirates

Suspension of flights from India, Pakistan, Bangladesh and Sri Lanka extended until July 31 – Emirates

The ban on flights from the four nations has been extended several times in the last few weeks

Saudi ARabia Travel Ban

Covid-19: Three-year travel ban for Saudis who visit “red list” countries

The Ministry of Interior added that those who do not abide by these travel rules risk facing legal action and heavy penalties upon their return

Hasib Khan - Founder - Udrive

Dubai based Udrive closes $5m funding round

The company has empowered over 250,000 UAE members to complete over 1.4 million trips

Here’s why the UAE is geared to be a hub for large scale events post pandemic

People want to invest their time in experiences that will be more meaningful, more personalised and more memorable

Dubai’s flydubai to commence operations to Hargeisa

Flydubai will become the first carrier to operate to Hargeisa from Dubai

UAE reports 1,539 Covid-19 infections, 2 deaths

The nationwide case count has risen to 674,724

Manama Bahrain

IMF says Bahrain needs ‘urgent fiscal adjustment’ after virus

The fund projects Bahrain’s economy will grow 3.3 per cent this year

collaboration solutions

Etisalat unveils a suite of collaboration solutions in UAE

Businesses to achieve higher productivity and workforce efficiency

Saudi Arabia halts $2bn sale of water plant stake

The Ras Al Khair desalination and power facility on Saudi Arabia’s east coast had cost more than $7bn to build

Low cost carrier Air Arabia Abu Dhabi to begin flights to Faisalabad and Multan in Pakistan

Both routes will be begin in August, and will be operated twice weekly

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