Dubai Electricity and Water Authority DEWA

DEWA’s desalinated water production at Jebel Ali increases to 490m imperial gallons daily

The increased production is a result of adding new units which use Sea Water Reverse Osmosis technology at DEWA’s Jebel Ali Power Plant and Desalination Complex

Saudi Arabia Airport

Saudi links boarding passes with health app for all domestic passengers

The application will show the passenger’s status as being immune/immune by first dose/immune by recovery/no record of infection

New giant Saudi pension fund aims to crack world’s top 10 ranks

Saudi Arabia has been taking steps to merge and restructure various entities as it looks to boost efficiency

UAE schools

UAE public schools to reopen school campuses in 2021-2022 academic year

However, distance learning to remain optional in these schools when they reopen on August 29

UAE’s Emirates Development Bank allocates Dhs30m to finance SMEs through Beehive platform

The Beehive platform uses crowdfunding technology to connect SMEs seeking finance with investors who can support their finance request

Covid-19 update: UAE reports 1,850 cases, 5 deaths

The case count has risen to 612,029

Dubai Airports capacity to hit 90% of pre-virus levels by autumn

The airport plans to reopen a terminal and concourse that were shut in March 2020

Top Bahrain telecom firm is said to weigh Saudi dual listing

Batelco has hired the investment arm of Samba Financial Group as an adviser on the deal

Jebel Ali Free Zone

Dubai’s Jafza healthcare, pharma customer base grows 12%

There are 174 companies within this sector in the free zone, employing 1,100 people

Aramco closes $12bn pipeline deal with China, UAE backing

The subsidiary will have rights to 25 years of tariff payments for oil transported through Aramco’s crude pipeline network

Abu Dhabi school students to return to campus in upcoming academic year

However, full-time remote learning will be allowed to parents who request it, if the option is offered by their child’s school

Saudi destroys 17 armed drones launched by Houthis

The Houthis have been frequently targeting the kingdom with explosive-laden drones in recent weeks

UAE’s The Luxury Closet raises $14m growth capital

The Luxury Closet has teams across five countries, and serves clients worldwide representing 85 countries

Dubai Airports to reopen DXB’s Terminal 1, Concourse D on June 24

The facilities were closed on March 25, 2020, following the partial suspension of operations at DXB to control the spread of the pandemic

Sheikh Hamdan orders construction of 16km cycling track in Dubai

RTA aims to extend the total length of cycling tracks in the emirate to 739km by 2026

UAE entry Liberia, Sierra Leone, Namibia

UAE suspends entry of passengers from three more countries

Entry of travellers from Liberia, Sierra Leone, and Namibia will be suspended indefinitely from Monday, June 21

Dubai airport

Dubai eases travel guidelines for passengers from India, South Africa and Nigeria

UAE residents who have received two doses of a Covid-19 vaccine, are allowed to travel to Dubai

How transformational leadership is essential during Covid-19

There are some key traits that transformational leaders need to put into practice

Wealth management 2.0: How has the regional landscape evolved

Wealth management has gone through layers of disruption to morph into its current advisory form

How board compliance need not be so painful

The costs associated with compliance are definitely much lower than that of the risks that might emerge in the absence of it

Dubai Emirates SME

Emirates to resume flights to seven cities in July, aims to reach 90% of pre-pandemic network

During the summer, the airline plans to activate over 30 of its A380s to meet additional demand

UAE reports 2,167 Covid-19 cases, 3 deaths

The nationwide case count has risen to 606,128

Saudi Arabia to form entity with $29bn in equity holdings

The funds hold significant stakes in Saudi Arabian firms

Martin Nydegger, CEO of Switzerland Tourism

How Switzerland’s tourism industry is gearing up for a comeback

Switzerland has been the bellwether and thermometer for the health of Central European tourism. It’s beginning to climb out of one of its most challenging years ever, with Switzerland Tourism CEO Martin Nydegger bullish about a strong recovery

Kuwait resumes flights to the UK following suspension in Jan

Kuwait Airways, Jazeera Airways and British Airways have been licenced to operate direct flights to and from London Heathrow airport

Saudis say cautious approach to restoring OPEC+ output paid off

Crude futures are trading at a two-year high above $70 a barrel

Commercial Bank of Dubai Network International

Commercial Bank of Dubai partners with Network International for pre-approved business loans

CBD will offer business loans to Network’s retail and ecommerce clients against their Point of Sale machines or payment gateway proceeds

Mubadala Health buys UEMedical stake, joins Olive Rock, Cerberus

Financial details of the transaction, which is expected to close by September, weren’t disclosed

Nasdaq Dubai Indonesia Government

Indonesian government lists three sukuk valued at $3bn on Nasdaq Dubai

The total value of all sukuk listed by the Indonesian government on the exchange now stands at $19.75bn

Abu Dhabi becomes first location to receive new Covid-19 medication

The Sotrovimab medicine can prevent severe cases and death for selected Covid-19 patients by more than 85 per cent