National Bank of Fujairah posts net loss of Dhs475m for 2020

The decline was attributed to a substantial increase in impairment provisions and lower operating profit

Covid-19 update: UAE reports 3,966 cases; death toll scales to 819

The case count across the UAE now stands at 293,052

Emirates Skywards flydubai

Dubai carriers Emirates, flydubai offer free extension of Miles, Tier status

The validity of any Skywards Miles due to expire since April 2020 has been extended until June 30, 2021

UAE trade volume up more than 13% in Q4 2020: report

Global trade trend activity rises sharply as recovery builds momentum

Abu Dhabi-owned Manchester City partners with insurer Zurich in UAE

Collaboration includes an online FIFA tournament for Manchester City fans

UAE Covid-19 field hospital

UAE to open new field hospital in Sharjah for Covid-19 emergencies – reports

The field hospital will be set up in Sharjah’s Al Zahia area and is expected to be ready within a month

Sheikh Mohammed bin Rashid Al Maktoum

UAE’s World’s Coolest Winter campaign nets Dhs1bn revenue for domestic hospitality sector

The campaign helped raise hotel occupancy across the UAE by 17 per cent year-on-year, increasing the average hotel room price to Dhs450 per night

Saudi arrests businessmen, bank employees in $3.1bn corruption scheme

Those arrested were allegedly involved in a scheme that transferred more than SAR11.5bn outside the country

Saudi Arabia won’t erase budget deficit by 2024, says Goldman

Saudi Arabia said it would cut spending 7.3 per cent in 2021 to SAR990bn

Investcorp buys apartments in $330m bet on suburbs

Investcorp confirmed the purchase in a stock market filing

Dubai Covid-19

Dubai: By-appointment only visits to all private healthcare facilities

All staff and visitors must continue to wear masks at all times and strictly comply with physical distancing guidelines

Dubai airport

Covid-19: Dubai updates travel protocols for all inbound passengers

The validity period for PCR tests has been reduced from 96 hours to 72 hours

Covid-19 update: UAE reports 3,939 new cases, highest daily rise in infections yet

There were 4,536 recovered cases in the previous 24 hours

Residential sales in Dubai account for 45% of transactions in 2020 – report

Jumeirah Village Circle has remained at the forefront for budget-conscious tenants in 2020

KPMG survey: 28% of UAE workforce needs reskilling and upskilling

Most HR professionals say their department played a leading role in Covid-19 response

Oman to impose higher visa fees for employing foreign nationals

The most significant increases will apply to top/senior level, middle level and technical and specialised roles

Lenka Basweidan Founder of Arabee Learning

The SME Story: Lenka Basweidan, founder of Arabee Learning

Arabee takes the children on a continuous journey, using language patterns and vocabulary repetition the same way they learn their mother tongue.

Bahrain

Covid-19: Bahrain shuts all schools, closes dine-in services at restaurants

All public and private schools, universities and kindergartens in the country will move to remote learning for three weeks

Twitch: 4.4 million GCC gaming fans watched Arabic channels in 2020

Number of streams in Arabic increased by 221% from February to May peak

UAE updates quarantine rules for federal government employees

All federal bodies are to submit a weekly report on the status of their employees

Emirates NBD

Dubai’s Emirates NBD reports a 52% slide in net profit for 2020

Total income of Dhs23.2bn improved 4 per cent year-on-year

Mercedes-Ben E-commerce UAE

Mercedes-Benz launches the Middle East’s first e-commerce platform in the UAE

Customers can order test-drive cars to be sent to their location and also complete the entire purchase process online

Abu Dhabi lender FAB names Hana Al Rostamani as first female CEO

Al Rostamani will takes over from Andre Sayegh

Noon Facility at EZDubai

Noon opens new customer fulfilment facility in EZDubai freezone

It has become the first e-commerce company to begin operating from EZDubai

A health worker holds a vial of Covishield, AstraZeneca's Covid-19 coronavirus vaccine

Bahrain approves emergency use of Oxford-AstraZeneca Covid-19 vaccine

Covishield is the third vaccine to receive emergency authorisation in Bahrain following Sinopharm and Pfizer-BioNTech

LME

Saudi Arabia returns to dollar-debt market to boost finances

The price of Brent crude is still below what most of the region’s economies need to balance their budgets

Dubai’s DHA suspends non-urgent elective dental services

Dental services will be provided from Sunday to Thursday from 7.30am to 9.30pm at select DHA facilities

UAE Covid-19

Covid-19: UAE denies inaccurate reporting of data, adds that vaccination may be required every year

On Tuesday, the UAE reported a total of 3,601 new infections, its highest ever daily rise

Two loud booms heard in Saudi capital Riyadh – witnesses

The kingdom had intercepted a hostile air target aimed at the city on Saturday

David Guetta UnitedAtHome Dubai Edition

David Guetta’s upcoming gig at Dubai’s Burj Al Arab will be livestreamed for free

The charity concert is aimed at supporting UNICEF and Dubai Cares’ Education Uninterrupted initiative