Masdar and Germany’s Uniper to build green hydrogen plant in UAE

Abu Dhabi’s Masdar wins contract for 200MW solar power project in Armenia

The plant, spanning over 500 hectares, will be located in the Talin and Dashtadem communities of Armenia

UAE reports 1,552 Covid-19 cases, 4 deaths

The nationwide case count has risen to 642,601

Will higher oil prices help GCC economies surge into the post-Covid era?

The recovery in oil prices presents an opportunity for Gulf economies to accelerate the recovery from the pandemic and strengthen diversification

June 2021: Dubai records highest volume of property sales transactions in 8 years

Dubai recorded 15,638 transactions worth Dhs36.86bn in Q2 2021

Brent oil extends gain as OPEC+ talks end without supply deal

The global market has tightened significantly over the past few months amid a robust rebound in fuel demand in the US, China and parts of Europe

Warner Bros Theme Hotel Abu Dhabi

The world’s first Warner Bros. hotel to open in Abu Dhabi this year

Developed with a total investment of $112m, construction on the property is now 90 per cent complete

Covid-19: Abu Dhabi updates home quarantine protocols

Vaccinated individuals must quarantine for seven days and take a PCR test on day 6

Business Bay reports 17,893 operating companies in 2021 – Dubai Economy

General trade topped the list of licenced activities operating in the area

Saudi Arabia plans $147bn expansion for transport sector

Saudi officials want to turn the capital of Riyadh into a global business hub

Covid-19: UAE reports 1,573 infections; total case count crosses 641,000

The nationwide case count has now risen to 641,049

Hou Tao is the vice president of Huawei Technologies

Understanding the impact of the Covid-19 pandemic on technology

The pandemic has brought ICT to the forefront as a critical enabler of business continuity

New UAE visa laws

UAE to grant golden residency visas to select high school students and their families

Applications for these golden visas must be submitted through the Emirates Schools Establishment

Emirates First Class Lounge Dubai

Emirates re-opens first class lounge at Dubai International Airport

The First Class Lounge is located in Concourse B at DXB

UAE business conditions improve; employment rises

Employment rose for the first time since January and at the quickest pace in more than two years

Dubai’s Emirates launches new payment solution in partnership with Deutsche Bank

Emirates Pay is an alternative method for travellers to pay for air tickets purchased online by directly debiting their bank account

Ajman Free Zone

RAKBANK agrees MoU with Ajman Free Zone for SME financing

RAKBANK will offer SMEs and larger businesses based in free zone easy access to account opening services, loans, and credit facilities

Aldar properties abu dhabi

Aldar Properties becomes MENA’s first real estate company to secure sustainability-linked loan

Aldar will invest a fixed amount in one or more ESG projects if it does not reach agreed annual targets

Stuart Gulliver Aramco

Saudi Aramco appoints ex-HSBC CEO Stuart Gulliver to board

Gulliver replaces Sir Mark Moody-Stuart, who had been on the board since 2007

Abu Dhabi testing quarantine covid-19

Abu Dhabi updates testing, quarantine rules for residents and citizens returning from abroad

Effective July 5, the new rules will apply to both vaccinated and non-vaccinated residents and citizens

Etihad El Al

UAE’s Etihad and Israel’s El Al launch first phase of codeshare agreement

Members of Etihad Guest and Matmid programmes will be able to earn and redeem miles on flights across both carriers’ networks

Covid-19: UAE reports 1,599 cases, 3 deaths

The nationwide case count has risen to 639,476

UAE Moderna Covid-19 Vaccine

UAE approves emergency use of Moderna Covid-19 vaccine

Apart from Moderna, the other vaccines currently approved for use within the country are Pfizer-BioNTech, Oxford AstraZeneca, Sputnik V and Sinopharm

UAE passes Seychelles to become most vaccinated nation

The country has so far administered 15.5 million doses

Special Mercedes-AMG G 63 UAE Golden Jubilee Edition unveiled in Dubai

Numbered and limited to 50 units, it is the first G-Class ever offered in dual colours

Covid-19_UAE Abu DHabi contact tracing

Abu Dhabi launches new Covid-19 contact tracing system

Via a virtual chat, those infected with Covid-19 will be asked to list the people they came into contact with 48 hours before the positive result was detected

World’s oldest wealth fund swells to record and cracks the top 3

The Future Generations Fund, managed by Kuwait Investment Authority, has risen to a record of about $700bn

Saudi UAE Travel Ban

Saudi Arabia indefinitely suspends travel to UAE, Vietnam and Ethiopia

All passenger flights between the kingdom and these countries will be suspended starting 11pm on Sunday, July 4

Dubai’s Emirates suspends flights from India, Pakistan, other countries until July 15

Passengers who have transited through these countries in the last 14 days will not be accepted to travel from any other point to the UAE

How art is gaining traction as an alternative investment option

Investors are now starting to recognise art as an attractive alternative asset class that offers a great option for diversification

GCC: How can digital government services seize opportunities to accelerate trust

GCC governments must build data management trust, develop data governance policies, engage with end-users to ensure they are continuously informed, and drive sustained digital service delivery improvements