Air France KLM Group inaugurates new regional headquarters in Dubai

The Air France KLM team relocated to the new offices in Dubai Airport Freezone on November 1, 2020

Dubai Metro

Video: Dubai Metro receives 50 new trains

The new metro trains have an 8 per cent increased capacity and can now carry 696 riders

SAUDI-ARAMCO-ENERGY-STOCKS Tadawul

All Tadawul-listed issuers must offer disclosures in English and Arabic – Saudi regulator

The decision, taken by the Capital Market Authority, takes effect from January 1, 2021

FinTech firm Ripple chooses Dubai’s DIFC for regional headquarters

Financial institutions across more than 45 countries already use RippleNet

UAE-Flag

Sweeping changes to UAE laws on inheritance, alcohol consumption, cohabitation and honour crimes

UAE President Sheikh Khalifa bin Zayed Al Nahyan approved the federal law decrees which have now come into effect

Donna Benton The Entertainer

Exclusive: Regional entrepreneur Donna Benton on how business owners must lead from the front

Companies that do survive the economic fallout of the pandemic stand to gain handsomely at the other end, opines Benton

How Covid-19 propelled the UAE’s digital payments space

Increased online activity in the wake of the Covid-19 outbreak has led to a rise in digital payments

Explainer: What is the scope of growth for the GCC’s B2B e-commerce industry?

The pandemic has helped boost digital marketplaces in the region, opines Muhammad Chbib, CEO at Tradeling

Covid-19 testing UAE 2

Covid-19: UAE reports 1,292 new cases, Dubai Police record 14,831 violations

The country also announced two deaths due to Covid-19 complications, bringing the total death toll to 510

social media 2

Social space: A roundup of all the GCC social media news in October

Fadi Khater, founder and managing partner of digital marketing agency Netizency, provides an overview of social media trends in the region

Saudi mall operator Arabian Centres picks Oracle for business processes transformation

Arabian Centres to deploy Oracle Fusion Cloud Applications

Five top Dubai attractions that are now open

The world’s largest fountain made its debut on October 22

Saudi VAT increase: What are the long-term implications?

The kingdom hiked its value added tax (VAT) from 5 per cent to 15 per cent in July

Dubai’s ENOC Group launches rewards programme

The app-based rewards programme offers points for purchase at all ENOC retail sites including fuel

Buy-now-pay-later platform tabby in new e-commerce partnership in Saudi Arabia

Announces partnership with Saudi-based e-commerce site Salla

GCC Covid-19 update: UAE reports 1,289 cases, 1,135 recoveries

The death toll in the UAE has risen to 508

SME Revival: The 20 beneficiaries revealed

Motivate Media Group, along with an expert panel, has selected 20 SMEs as the beneficiaries of the $1m initiative

UAE royal family member passes away

The President expressed his condolences

Dubai Parks to open Legoland hotel in Dec, plans to launch new record-breaking rides in 2021

Operator DXB Entertainments reported a 97 per cent year-on-year drop in revenues in Q3

How diversification can ensure sustainable growth in the GCC

Credit downgrades and double-digit deficits poses challenges for regional countries that are not diversifying their economies

Commercial Bank of Dubai

Commercial Bank of Dubai lists $600m bond on Nasdaq Dubai

The six-year bond with a 6 per cent interest rate was 2.1 times subscribed

Kuwait’s $124bn pension fund had record first-half profit

A new management team was brought into the fund in 2017 to transform the state-owned institution

DEWA water reservoir

DEWA’s Dhs175m water reservoir in Dubai nears completion

The reservoir will have a capacity of 60 million imperial gallons, with construction expected to be completed in the first half of 2021

Mubadala

Abu Dhabi’s wealth fund invests in SoftBank-backed tech startup

It invested in Reef Technology, a startup that manages hubs in parking lots used for food delivery and other services

Dubai Economy fines 3 businesses for flouting Covid-19 measures

Inspections found that 748 shops and commercial establishments fully complied with the precautionary measures

Dubai Ride

Dubai’s Sheikh Zayed Road to be converted to cycling track on November 20

Dubai Ride will allow cyclists of all abilities and experiences to ride through the city’s main highway

gavel

Financial tribunal delivers verdict against Al Masah; issues statement regarding Shailesh Dash

The tribunal noted that Shailesh Dash exhibited “a formidable mastery of the arguments”

Abu Dhabi

Covid-19: Abu Dhabi changes entry rules, two additional tests required after arrival

Abu Dhabi has made it mandatory for Covid-19 PCR tests to be undertaken on the fourth and eighth day after entering the emirate

Bahrain approves Covid-19 vaccine for frontline workers

G42-Sinopharm vaccine is nearing the end of phase three trials

Dubai’s Emirates offers unpaid leave to pilots for 12 months

The airline is implementing several initiatives such as unpaid leave and flexible work-time models across its group