GCC Covid-19 update: UAE reports 1,214 cases; 302 infections confirmed in Oman

The death toll in the UAE has risen to 520

Kuwait’s $124bn pension fund plans infrastructure boost

The new plan, developed with US-based consultancy Mercer, will start next year

Bahraini Prime Minister passes away

Prince Khalifa bin Salman Al Khalifa died at Mayo Clinic Hospital in the US

Sheikh Nahyan bin Mubarak Al Nahyan

Inaugural UAE Tolerance Esports Games to begin on November 13

Sheikh Nahyan bin Mubarak Al Nahyan launched the Global Commission for Tolerance in Esports and Gaming

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed inaugurates Dhs590m Dubai Intelligent Traffic Systems Centre

The centre will use artificial intelligence, big data, internet of things and advanced communication systems to monitor and manage road networks

Abu Dhabi looks to desert and space farming to boost food supply

The Abu Dhabi Investment Office will spend about $41m with other companies to develop technologies for producing food in arid conditions

UAE’s Air Arabia reports Dhs44m net loss for Q3 2020

The airline’s turnover for the third quarter of 2020 equaled Dhs294m

UAE-HEALTH-VIRUS Dubai

UAE plans for ‘final stage of recovery’ from the Covid crisis – officials

Officials urge the public to adhere to precautionary measures to ensure the UAE reaches the recovery stage

Abu-Dhabi

UAE to establish new court to combat money laundering and tax crimes

The Abu Dhabi Judicial Department will organise training courses for judges and prosecutors specialising in money laundering and tax evasion

GCC Covid-19 update: UAE reports 1,096 cases; 903 infections confirmed in Kuwait

The registered infection count in the UAE has risen past 144,000

The-Dubai-Mall-Fashion-Avenue-exterior

Emaar Malls reports 66% decrease in net profit for January-September 2020

It reported a net profit of Dhs586m and revenues of Dhs2.493bn during the same period

DIFC set to grow its fintech base with new ‘Innovation Hub’

Startups benefit from access to industry experts, mentors and partner organisations

Dubai’s Emirates Driving Institute picks Oracle Cloud for ERP, HCM applications

Emirates Driving Institute deploys Oracle Fusion Cloud Applications

No plans to hike VAT in the UAE, officials reiterate

The UAE government levied a 5 per cent VAT on goods and services in January 2018

Bahrain’s Investcorp sells eight US properties for over $900m

The properties were garden and townhome-style apartment buildings located in major metropolitan areas

Abu Dhabi to start trading crude futures from March

Murban crude, pumped from onshore fields, comprises more than half of the country’s output

law

UAE cabinet amends law on evidence in civil and commercial transactions

The amendments includes the introduction of remote communication technologies in evidence-related procedures

Kuwait expats

Kuwait urges expats with expired visas to alter status or exit the country by Nov 30

Officials said those found illegally residing in the country after November 30 will be deported and prevented from returning to Kuwait

Oman seeks to raise billions by leveraging biggest oil block

The sultanate plans to transfer its 60 per cent stake in Block 6 from Petroleum Development Oman to a new company

Abu Dhabi

Abu Dhabi announces rental discounts for additional private sector businesses

Beauty and hair salons, dental clinics and nurseries in the emirate can apply for a 20 per cent rebate

Dubai

Dubai Police to issue permits for face mask exemptions

The application will be processed within five days, with its validity contingent on the individual’s health condition

Dubai’s real estate space: Is demand catching up?

As demand starts to rally, developers need to ensure they keep pace with the changing requirements from investors

In pictures: First passengers make maiden voyage in hyperloop pod to mark testing milestone

Josh Giegel, co-founder and chief technology officer, and Sara Luchian, director of passenger experience, were the first people to ride

Bahrain’s Investcorp invests in Wuhan’s medical testing group, Kindstar

Kindstar offers patients and physicians access to advanced specialty testing services

Mountain Biking Hatta

Revealed: Top things to do and places to visit in Hatta

An inland exclave of Dubai, Hatta has positioned itself as a national park and eco-tourism destination

GCC Covid-19 update: UAE reports 1,146 cases; 363 infections confirmed in Oman

The death toll in the UAE has risen to 515

Customers can now co-own an Ellington Properties’ home in Dubai through SmartCrowd

Customers can co-own residential properties and earn healthy returns on their investments, for as low as Dhs5,000

Dubai’s DMCC opens representative office in Shenzhen, China

The office will provide advisory and consulting services in a common language

Democratic Presidential Nominee Joe Biden Holds Train Campaign Tour Of OH And PA

Will change in the US leadership impact businesses in the Middle East?

Some sectors may face a bigger impact than others, although it will not be significant, opines UAE-based entrepreneur Oweis Zahran