Dubai UAE

Dubai Tourism signs agreement with GDRFA to collaborate on residency permits, special visas

The two entities will collaborate on special residency programmes including the Virtual Working programme, Golden Visas for investors and retirement visa too

Khalaf Al Habtoor

Al Habtoor opens booking for new luxury residential tower along banks of Dubai Water Canal

The 73-storey Amna Tower features 537 luxury units, including four ultra-luxury penthouses

Covid-19: UAE reports highest daily rise in infections

The case count across the country has now risen to 239,587

Dubai: Workers injured in bus accident

No casualties were reported

Kuwait parliament assembly

Kuwaiti cabinet resigns after a month, fueling political turmoil

Kuwait has had 17 governments and eight elections since 2006

Power Letters 2021: Dr. Habib Al Mulla, executive chairman, Baker & McKenzie Habib Al Mulla

The UAE government embarked on a courageous legislative journey that dealt with many of the difficult issues that were pending for many years

Ecommerce

UAE is 13th best country in the world to launch an online business: study

UAE ranked best for mobile internet speed, internet penetration and corporate tax

SEHA Abu Dhabi

SEHA opens new Covid-19 vaccination centres in Dubai and Abu Dhabi

The three new centres will be able to administer an additional 9,000 jabs daily

Kuwaiti military says those flying drones without permits will face legal action

Kuwait has strict regulations governing the usage of drones in the country

Sheikh Mohammed bin Rashid Al Maktoum Dubai

Sheikh Mohammed launches DEWA’s space programme and Hatta tourism projects

The Space-D programme will include the launch a main satellite with the latest imaging and communication technologies

Saudi Aramco seeks $7.5bn loan for pipeline investors

The discussions are occurring in parallel with the sale of a stake in a pipeline unit

US-HEALTH-VIRUS vaccine Covid-19

Covid-19: UAE reports highest daily rise in infections; over 1.2 million vaccine doses administered

The death toll in the UAE has risen to 717

Dubai UAE

Dubai Economy issues 42,640 new licences in 2020

It represented a 4 per cent increase over the number of new licences issued in 2019

How NAMA is advancing gender equity and inclusive socioeconomic growth

Reem BinKaram, Director of NAMA Women Advancement Establishment, outlines the role of the entity and its affiliates

SAUDI-ECONOMY-TRANSPORT-METRO

Outsourcing firm Proven to enable clients meet Saudisation goals

Saudi Arabia wants localisation of 20 per cent of 117 engineering fields by beginning of 2021

Kuwait MPs submit proposal to impose fee on money transfers out of country

Lawmakers have called for a 2.5 per cent fee on all money transfers out of the country

Citi UAE expects to triple assets under management to $15bn by 2025

Bank plans to quadruple wealth clients in five years

UAE has ‘no reason’ to be in conflict with Turkey, minister says

The call for Turkey to reset relations follows the end of a three-year rift with Qatar

Tudor Boutique Dubai Mall

Ahmed Seddiqi & Sons open region’s first mono-brand Tudor boutique in Dubai

The boutique, located on the ground floor in The Dubai Mall, was inaugurated on Monday, January 11

Power Letters 2021: Tony Douglas, CEO, Etihad Aviation Group

As part of Etihad Wellness, the airline introduced the Covid-19 global wellness insurance for all its guests

DGA

UAE-based BIOS Middle East expands to Saudi Arabia with two cloud data centres

The cloud data centres built on the VMware cloud stack

How regional female entrepreneurs are paving the way for a gender-balanced future

Governments in the GCC have become increasingly supportive of women’s growing role in C-level positions in the public and private sectors

FIrst-abu-dhabi-bank-atms

UAE’s First Abu Dhabi Bank issues five-year $500m sukuk

It attracted a total orderbook of around $1.5bn which represents a three times over-subscription rate

Oman Sultan Haitham bin Tariq

In historic move, Oman to appoint first-ever crown prince

A new Basic Law will “set up a specific and stable mechanism for the transfer of power in the sultanate”

Saudi Arabia aims to raise over $5bn in bond-market return

No final decision on the timing has been made

UK says travellers from the UAE will now have to self-isolate for 10 days

The UAE has been removed from the UK’s travel corridor list

Smart Solution Logistics

DP World’s Smart Solution Logistics signs agreement with Israel’s Allalouf Logistics

The logistics sector’s contribution to the UAE’s GDP is projected to increase by 8 per cent in 2021

Fitbit users in UAE exceeded Dubai Fitness Challenge goals by 23%

Users averaged 37 active minutes per day for the duration of the challenge

Covid-19: UAE reports 2,404 infections; 80,683 vaccines administered in last 24 hours

The case count in the country has now risen to 232,982

Bahrain

Bahrain achieves nationwide 5G coverage

Bahrain ICT sector accounts for nearly 3% of national GDP