Abu Dhabi’s ADNOC Distribution to raise approximately $1.64bn via combined share, bond offering

The transaction is the first combined equity and exchangeable bond offering in the GCC

UAE reports 1,757 Covid-19 cases, 3 deaths

The case count in the UAE now stands at 561,048

Amazon Web Services

Amazon Web Services to open data centres in the UAE

The new cloud infrastructure region is set to launch in the first half of 2022

DIFC

New DIFC Innovation Hub to spur fintech ecosystem in Dubai

Plans have already been approved to expand the size of the Innovation Hub four-fold to cover 315,000 sq ft

Abu Dhabi’s Aldar launches Noya Luma villa project in Yas Island

Construction is set to commence in November 2021, with handovers expected to begin in February 2024

UAE warns of strict penalties for acts of public indecency

A repeat offender will face imprisonment for a period of not less than three months and a fine of up to Dhs100,000, or one of the two

Free parking for vaccination centre visitors in Dubai

Designated parking spaces will be available near Hor Al Anz Health Centre, Al Barsha Health Centre, Al Qusais Health Centre and Grand Hyatt Hotel Tent

Saudi Jeddah port eyes overseas deals after wealth fund backing

The Red Sea Gateway Terminal plans to invest in at least three international ports in the next five years

UAE events Covid-19

UAE: Only individuals vaccinated against Covid-19 can attend events

Additionally, they must obtain a negative PCR test result not more than 48 hours before the event

Abu Dhabi increases workplace attendance in government offices to 60%

The directive is effective from May 30, 2021

Passport control at Dubai Airports can now be completed in 9 seconds

The new service that uses AI technology was launched to expedite immigration processes

Graduation ceremonies at schools in Dubai to be online this year – KHDA

No events or gatherings are allowed on campus or at external venues

UAE: 12th grade students appearing for exam must undergo Covid-19 test

Students and staff are refrained from going to educational establishments if they are experiencing Covid-19 or any other respiratory symptoms

UAE reports 1,672 Covid-19 cases, 4 deaths

The case count in the UAE has risen to 559,291

Dubai investment firm FIM Partners considers raising SPAC

EFG Hermes agreed to buy a stake in FIM Partners in 2017

Abu Dhabi’s ADNOC awards $744m EPC contract to NPCC

The development will enable the Belbazem Offshore Block to achieve a crude oil production capacity of 45,000 bpd, and is expected to be operational by 2023

Dubai tech startup Zeta raises $250m to accelerate growth

The investment values Zeta at $1.45bn

Dubai Police adds the Genesis GV80 SUV to its fleet

The cars will be delivered by Juma Al Majid, the exclusive distributor of Genesis in the UAE

Dubai’s DMCC opens its new Crypto Centre for crypto, blockchain businesses

The DMCC Crypto Centre aims to be a hub for the development and application of crypto and blockchain technologies

Ras Al Khaimah Kyiv

Ukrainian carrier to begin direct flights between Ras Al Khaimah and Kyiv

Travellers will receive complimentary return PCR testing – a service that Ras Al Khaimah is extending to all international visitors

John Pagano, CEO of The Red Sea Development Company and Amaala

Exclusive interview: John Pagano, CEO of The Red Sea Development Company and Amaala

Saudi Arabia’s mega vision for its tourism industry is thoroughly embodied by way of two large-scale developments along its Red Sea coast, led by the far-sighted John Pagano

Saudi Arabia Visas

Saudi offers automatic extension of residency, visit visas for stranded expats

The General Directorate of Passports will extend the validity of visas of expatriates from countries where entry to the kingdom is currently banned

Dubai’s Emirates reveals special fares to select destinations

The offer is valid for booking from May 24 until June 6, 2021, for outbound travel until September 30, 2021

Flydubai to operate seasonal flights to two Greek islands

The launch of these flights will increase the number of seasonal routes served by the carrier to six

UAE’s GEMS Education launches drive to vaccinate 42,000 students

More than 42,000 GEMS students are eligible to be vaccinated, while 1,800 have already received the vaccine

M&A: How technology can help integrate increasingly complex business models

Driving real value from a merger or an acquisition lies within the integration and orchestration of the IT estate

istockphoto

UAE: Two earthquakes recorded in Dibba Al Fujairah

The earthquakes were reported as ‘minor’

Covid-19 update: UAE reports 1,512 cases, 3 deaths

The case count in the UAE stands at 557,619

Sharjah’s Arada awards Dhs180m contract to build The Boulevard at Aljada

Construction will commence immediately, with completion scheduled by end-2022

Dubai Covid-19 vaccine children

Covid-19 vaccine: Dubai opens bookings of Pfizer shot for 12-15 age group

The Dubai Health Authority has published a list of centres within the emirate where the vaccine is available