How Britain and the GCC are shaping the future of education in a post-Covid world

Gulf schools have proven themselves to be resilient, innovative and avid adopters of the latest digital solutions

UAE money laundering prosecution office

UAE gross bank assets at Dhs3.172 trillion at the end of January

Gross credit in the banking system grew from Dhs1.779 trillion by the end of December 2020 to Dhs1.779.2 trillion in January 2021

UAE 5G devices

UAE to examine and certify all 5G mobile phone devices in National Laboratory

The National Laboratory has been equipped with the necessary equipment to examine these mobile devices and ensure that they meet the approved technical standards

Saudi economy contracted 3.9% in fourth quarter as oil drags

The non-oil economy shrank an annual 0.8 per cent in the fourth quarter

Citigroup names key banker on Aramco IPO as Saudi CEO

Wassim Al Khatib will lead Citigroup’s investment banking and markets business in Saudi Arabia

Abu Dhabi court fines four people, jewellery firm Dhs90m for money laundering, fraud

Each of the four defendants has been handed a five-year imprisonment term followed by deportation and a fine of Dhs10m

Covid-19: UAE national vaccination campaign achieves 52.46% of target category

The country has provided nearly seven million vaccine doses to more than 205 medical centres

ADNOC Distribution

UAE’s ADNOC Distribution changes share dividend policy

It confirmed a minimum Dhs2.57bn dividend for 2022

Ramadan 2021 UAE

New Covid-19 rules announced for Ramadan 2021 in UAE

Officials advised that only members of a family living in the same household should share meals

Alliance of global firms to support SMEs in Middle East and Africa digitise their ops

Small businesses in MEA to benefit from free resources and special offers

Multi-mode noise cancellation earbuds from Soundcore now available in UAE

Liberty Air 2 Pro Air 2 Pro offer ANC without cutting off users from the surroundings

Sheikh Khalifa announces 2021 as Year of the 50th

The ‘Year of the 50th’ officially starts on April 6, 2021 and lasts until March 31, 2022

Biggest aluminum maker in Middle East sees prices staying high

Emirates Global Aluminium said earnings before interest, tax, depreciation and amortization were Dhs4.1bn in 2020

Saudi Arabia’s Almarai acquires Bakemart in UAE, Bahrain

The acquisition is fully financed from Almarai’s operating cash flow

Covid-19: UK adds Oman, Qatar to travel ‘red list’

This move is to protect the UK against new variants of the coronavirus infection

Counterfeit Toyota parts worth Dhs10.5m confiscated in the UAE in 2020

A total of 21 raids were conducted for counterfeit parts during 2020

Meyan Mall Dubai

New Meyan Mall near Burj Al Arab in Dubai to open in April 2022

The mall consists of a ground level, two floors above it and two levels of basement parking

Kuwait masks

Kuwait: Schools to reopen in Sept, cinema entry only for vaccinated people post Ramadan

Some two million people in Kuwait are expected to receive Covid-19 vaccination by September

Dubai Municipality goes 100% paper-free

The Municipality provided 1,877,987 smart digital transactions in 2020

UAE Central Bank

Overall liquidity in UAE banking system back to pre-Covid levels – Central Bank

The Central Bank of the UAE projects the country’s real GDP to increase by 2.5 per cent in 2021

Dubai citizenship by investment

Dubai closes immigration office promoting UAE citizenship by investment

The immigration office promised assistance to investors who had a net worth of at least Dhs100m and charged $10,000 as processing fee for the application

pensions of UAE Nationals working in the emirate’s public schools to 80%

Private schools in Dubai will not increase tuition fees next year, KHDA says

The annual Education Cost Index (ECI) for this year stands at -2.58 per cent

Online insurance platform PolicyBazaar raises $75m to fund UAE, Middle East expansion

PolicyBazaar allows users to purchase life and general insurance online

Dubai-based Kitch to expand Lebanon’s restaurant Barbar across GCC

Hybrid cloud kitchen/store front operator to offer Barbar menu at dine-in and delivery

Saudi Tourism Authority launches initiative to empower domestic private sector

The new initiative focuses on equipping the private sector with the support needed to manage the evolving tourism landscape

Majid Al Futtaim Al Mouj Muscat

UAE’s Majid Al Futtaim launches Dhs28m villas in Al Mouj Muscat development

The six-bedroom Zunairah mansions have private infinity pools, landscaped gardens and direct access to the beach

Tadweer Abu Dhabi

Tadweer recycled 1.9 million tons of construction waste in Abu Dhabi last year

The Abu Dhabi Executive Council has mandated that at least 40 per cent of recycled materials be used in road and construction projects across the emirate

Covid-19 update: UAE reports 1,898 cases; death toll soars past 1,400

The nationwide case count has now risen to 428,295

Motivate Media Group Emirates Man

Dubai’s Motivate Media Group relaunches men’s title Emirates Man

It will include four print editions over the course of the year, with the next edition out in June 2021

Aldar offers to buy stake in Egypt’s Sodic; shares climb

The offer values the Egyptian property developer at about $420m