Sheikh Mishaal Al Ahmad Al Sabah

Kuwait Assembly approves Sheikh Mishal as Crown Prince

In a special session held on October 8, all 59 members blessed the new Crown Prince

Three key elements to boost mental well-being in challenging times

Learning how to boost resilience will make us better equipped to cope with life’s challenges

Moto g 5G Plus from Motorola available for only Dhs1,299

Low price puts next-generation 5G in the hands of cost-conscious consumers

Dubai’s Ellington Properties commissions art competition to support local talent

The contest is open to all UAE residents aged 18 and over

Saudis raise oil prices for Asia in sign of market strength

The Organization of Petroleum Exporting Countries and allies including Russia are to meet on November 30-December 1 to review policy on production

DHA to administer free flu vaccinations for children below 5, pregnant women and elderly in Dubai

For all other categories of Dubai residents, the DHA will offer these vaccinations for Dhs50

Mosque

At least 24,000 pilgrims perform Umrah, no Covid-19 cases detected

The kingdom resumed the Umrah pilgrimage on October 4 in phases

Standard Chartered cutting more than 100 UAE jobs

The bank employs about 1,700 people in the UAE

Rixos Dubai Hotel & Suites Jewel of the Creek - Image 2[2] copy

Accor expands its presence in the UAE, Saudi with new projects

The hospitality group is set to manage a new project in Dubai’s Jewel of the Creek development and open Saudi’s first Swissôtel Living property

Tabreed

UAE’s Tabreed to issue $1bn bonds

It will be issued in one or more tranches over the next 12 months

Dubai

Dubai fines 5 businesses, warns 7 for flouting Covid-19 measures

The violations were spotted in establishments located in Hor Al Anz and Naif areas

ADNOC and Group 42 launch new AI-focused company in Abu Dhabi

AIQ will develop and commercialise AI products and applications for the oil and gas industry

Dubai event

Covid-19 impact: Events companies in Dubai lose up to Dhs5.5bn worth of business

Dubai has gradually resumed live events, but precautionary measures remain in place

UAE top 10 banks see profits drop by 38.9% in H1 2020: KPMG

Non-performing loan ratio increases from 3.8% in December 2019 to 4.1% in June 2020

Philip Morris International unveils new IQOS Boutique at Dubai Mall

The UAE officially legalised the sale and use of electronic cigarettes in April 2019

Oman’s top banks see 34.2% decline in profits: KPMG

Increase in non-performing loans squeezed banks’ profits in the GCC country

Amazon Saudi Arabia

Bahrain, Kuwait and Oman shoppers can now buy on Amazon.ae

Final pricing on Amazon.ae to include shipping fees and customs fees

Saudi’s Amaala awards design and build contract of Construction Village to Tamimi Global

The development of the village will employ off-site fabrication and modular construction techniques, in line with Amaala’s sustainability goals

GCC Covid-19 update: UAE reports 1,046 cases; 817 infections confirmed in Oman

The death toll in the UAE has risen to 436

Sheikh Mishaal Al Ahmad Al Sabah

Kuwait Emir names Sheikh Mishaal Al Ahmad Al Sabah as Crown Prince

Sheikh Mishaal is the deputy chief of the National Guard and brother to Kuwait’s former ruler, Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah

Covid-19 tests

Free Covid-19 tests for UAE tourists in Ras Al Khaimah

The free testing initiative will be available until December 31, 2020

waitrose

Supermarket chain Waitrose to charge for plastic bags as part of sustainability initiative

All proceeds from the sale of plastic bags will be donated to Emirates Nature-WFF

robot person hand

Most UAE workers believe robots can support their mental health better than humans: study

Oracle study says 84 per cent of employees would pick AI over humans

Al Habtoor Goup's Khalaf Ahmad Al Habtoor

UAE’s Al Habtoor Group completes preparations for Cairo office

The office will act as a liaison unit, and will be tasked with finding opportunities in the local market

Covid-19 impact: 83% of students have opted for remote learning in UAE

The adoption of latest technologies aided the continuity of the education process

Abu Dhabi

Abu Dhabi Investment Office signs bilateral trade agreement with Israel Export Institute

ADIO will help connect Israeli companies with strategic entities and grant them access to resources in Abu Dhabi

Abu Dhabi’s ADIA to invest $750m in Mukesh Ambani’s retail unit

Reliance Retail runs supermarkets, India’s largest consumer electronics chain, a cash-and-carry wholesaler, fast-fashion outlets and an online grocery store called JioMart

Dubai closes brokerage office; fines 8 businesses and warns 1 for flouting Covid-19 measures

The violations were spotted in businesses located in Al Muraqqabat, Naif, Ayal Nasir, and Al Thanyah First areas

uae currency dirhams

UAE Public Prosecution warns of life imprisonment for counterfeiting currency

Those found guilty will also be liable to pay a fine of not less than Dhs200,000

Dubai Health Authority

DHA opens three new Covid-19 testing facilities in Dubai

There are now five dedicated Covid-19 testing centres in Dubai