Saeed Hamad Obaid Al Dhaheri

Abu Dhabi Securities Exchange appoints new CEO

He was formerly appointed as CEO of Abu Dhabi National Energy (TAQA)

UAE’s National Centre of Meteorology issues fog alert

The UAE recorded its lowest temperature of 13.7°C in Damtha at 4.30am local time today

Expo Centre Sharjah delays SteelFab event to June 2021

The 17th edition of the event was scheduled to be held in January 2021

Ajman

Weddings and social events permitted to resume in Ajman

Effective November 1, these events can be held in halls, hotels and private homes too

Sheikh Mohammed bin Rashid Al Maktoum

UAE cabinet approves Dhs58bn budget for 2021

The new federal budget is 5.2 per cent lower than the 2020 figure of Dhs61.35bn

GCC Covid-19 update: UAE reports 1,278 cases, 1,606 recoveries

The death toll in the UAE has risen to 496

Patrik Lang Bank Julius Baer

Why the head of Equity Research at Bank Julius Baer remains bullish on the markets

Swiss wealth manager Bank Julius Baer’s head of Equity Research, Patrik Lang, provides an overview of the current investment landscape

Saudi Arabia Makkah

Video: Man drives car into Grand Mosque in Makkah

The Saudi national has been referred to the Public Prosecution

UAE-Japan

Japan imports nearly a third of its crude oil in September from the UAE

Japan imported a total of 64.212 million barrels of crude from around the world in September

Drugs Dubai Police

Dubai Police foil plot to sell 40kgs of drugs in the UAE

They arrested two Asians as part of the operation named Black Bag

UAE minister of cabinet affairs receives first dose of Covid-19 vaccine

The UAE has reported a total of 132,629 Covid-19 infections since the virus first broke out across the country

Sheikh Mohammed bin Rashid Al Maktoum Dubai

Sheikh Mohammed reviews Dhs6.6bn upcoming environmental sustainability projects in Dubai

It includes the construction of a Dhs4bn Dubai Centre for Waste Processing and a Dhs2bn Green Dubai Park Project

UAE joins Global Ocean Alliance to achieve 30by30 conservation target

The UAE is the first Middle Eastern country to endorse the target

HPE commits to regional transformation with the Digital Life Garage

A business accelerator based on co-innovation will bring together government, researchers, tech companies and partners

UAE Golden Visa - Getty Images

Building back: Is Dubai’s real estate market rising again?

The emirate’s real estate sector has witnessed signs of a rebound in the wake of easing Covid-19 restrictions

Growing environmental concerns of increasing electronic waste

The increased use of electronic devices has led to an incredible amount of e-waste that merits urgent attention

Covid-19

UAE reports 1,312 Covid-19 cases; Dubai issues guidelines for social interactions

The Ministry of Health and Prevention confirmed that there were also 1,500 new recoveries

Abu Dhabi Commercial Bank ADCB

UAE’s ADCB posts Q3 2020 net profit of Dhs1.3bn; down 3% y-on-y

It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year

Etihad

UAE’s Etihad issues $600m sustainability-linked sukuk

The airline has committed to net zero carbon emissions by 2050 and a 50 per cent reduction in net emissions by 2035

Oman

Oman planning its biggest property trust IPO

Oman REIT Fund is planning an initial public offering that could raise about $100m

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed announces plans to build new satellite in Dubai

Expected to launch in 2023, the MBZ-SAT will be the second satellite to be built by an all-Emirati team

John-Cleese

Legendary actor John Cleese is in Dubai… and he is looking for a job

The 81-year-old actor is available for addressing events and conducting bespoke sessions in the emirate. Here’s how you can book his time

UAE announces fuel prices for November 2020

Prices will remain unchanged for the eighth consecutive month

Dubai’s NBF posts 87% dip in net profit for first nine months of 2020

Its operating profit of Dhs707.3m for Q1-Q3 2020 plummeted from Dhs862.3m during the same period last year

Covid-19 update: UAE reports 1,400 new cases, 2,189 recoveries

The recoveries were the second highest daily figure reported since the virus first broke out in the country

Dubai’s flydubai resumes operations to Maldives; passenger network grows to 44 destinations

Flydubai will operate daily flights to Maldives from December 17, 2020, through to January 18, 2021

Saudi exchange triples daily trading limits for new listings

Starting November 8, newly listed stocks will be allowed to rise or fall 30 per cent on their first three days of trading

LLB_Headquarters_Vaduz

Here’s how European private bank LLB is looking to grow in the GCC

Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead

Israir, Etihad in talks on Abu Dhabi pilot training facility

Israir plans to begin flying to Abu Dhabi in December