Abu Dhabi’s Jiu-Jitsu Federation

Mubadala and UAE Jiu-Jitsu Federation open Abu Dhabi’s largest fitness centre

The new two-storey facility in Al Bahia features specialised jiu-jitsu training, cardiovascular and resistance training equipment

Omnicom Media Group MENA appoints new CEO

Elda Choucair, who was serving as the group’s COO, will take on the role of chief executive

UAE Customs

UAE Customs seized 923,724 counterfeit goods in 2020

Of the total seizures, 70.73 per cent were intercepted from sea routes, 19.51 per cent through air transport and 4.88 per cent via land routes

DP World

DP World is said to weigh sale of stake in Jebel Ali Free zone

The port operator is working with advisers to gauge interest in the sprawling industrial park

Malabar Gold & Diamonds Nasdaq Dubai

Malabar Gold & Diamonds joins Nasdaq Dubai’s Private Market

Malabar Gold & Diamonds currently generates an annual turnover of $4.51bn through a network of over 260 outlets and 14 wholesale units

Covid-19 update: UAE reports 1,837 cases, 4 deaths

The nationwide case count stands at 599,823

Saudi non-oil economy rebounded to 2.9% growth in first quarter

In the first quarter, Saudi Arabia’s non-oil economy grew at its fastest pace since 2019

Pictures: ‘Most expensive’ villa in Dubai’s Palm Jumeirah sells for Dhs119.5m

The 12,140 sqft villa is reportedly the most expensive Dubai villa to be sold in the past six years

Air Arabia Abu Dhabi to launch new service to Trabzon

The new service represents the 14th route for the carrier since its launch

Intelak Hub

Dubai’s Intelak Hub announces 2021 programmes for aviation and tourism startups

Startups that wish to participate in the incubator and accelerator programmes can be based anywhere in the world

Saudi wealth fund makes senior hires, including Goldman banker

Goldman banker Eyas AlDossari will head investment advisory within the MENA Investments Division of the fund

Abu Dhabi’s ADQ in talks to invest $500m in Flipkart

Flipkart is seeking to raise at least $3bn

Dubai Shopping Malls

Dubai Summer Surprises 2021 mega sale returns in July

Spread across 10 weeks, it will be held from July 1 until September 4

Armed drone from Yemen lands on school in Saudi’s Asir

No injuries were reported in the incident

Covid-19 Vaccine in Dubai

Covid-19: More than 2.3 million people vaccinated in Dubai

Eight out of every 10 people infected with Covid-19 in Dubai have not been vaccinated

Google startup accelerator

How Dubai Next can be a gamechanger for the startup ecosystem

Here’s how the platform can help champion innovation and reduce the failure rate among startups within the region

Air Arabia Etihad Airways

UAE’s Etihad and Air Arabia to permit mutual transfer of air miles and points

Etihad Guest members will now receive 1 AirReward Point for every 2 Etihad Guest Miles

UAE reports 1,969 Covid-19 cases, 2 deaths

The nationwide case count has risen to 597,986

Bahrain bans new work permits for people from red list countries

The directive is applicable to those outside the kingdom

Spek

Is the independent Arab music scene ripe for investment?

As the shift to streaming takes hold, it is expected that more local language artists will emerge with increased quality of musical output and sustainable fanbases

Why clean energy’s corporate patrons are buying less this year?

Dubai to get 600MW additional clean energy this year

Clean energy is expected to account for 12 per cent of Dubai’s overall production by the end of 2021

Saudi Arabian hospitality firms weigh $2.4bn merger

Assilah Investment is the top shareholder in both companies

Abu Dhabi removes UK from ‘green list’ destinations in latest update

Malta has been added to the list, which includes 28 destinations in total

Saudi wealth fund PIF leads investment in $800m Middle East infrastructure fund

Aberdeen and Investcorp announced the fund two years ago with a view to channel investment into the Middle East’s health care, education and utilities industries

Saudi to create new public transport project with more than 400 buses in Makkah

The bus network consists of two stages and aims to serve pilgrims and residents of Makkah

UAE weather update: Dust storms expected; NCM issues alert

The UAE recorded its lowest temperature of 24.3°C in Raknah (Al Ain region) at 5.30am today

Dubai external trade

Dubai’s non-oil external trade grows to Dhs354bn in Q1 2021

China remained Dubai’s largest trading partner in Q1 2021, with Dhs44bn worth of trade

Dubai’s RTA undertakes integrated transport project around Expo 2020 bus stations

The project will add 45km to the emirate’s cycling tracks network

Hajj 2021

Saudi Arabia to allow only residents and citizens to attend Hajj 2021; limits number of pilgrims to 60,000

The first phase of online registrations for Hajj will be open from June 13-23

Dispelling five myths on business resilience

The pandemic has made resilience a necessity for companies across all sectors