The Palm Fountain Dubai

Watch: World’s largest fountain to launch in Dubai this month

The Palm Fountain will run three-minute shows, every half an hour, beginning 7pm until midnight

UAE-Bahrain trade returning to pre-Covid levels, H1 figures show

Trade between two countries hits $139.6m in June, highest since pandemic struck

Midis SI Group acquires Abu Dhabi-based IT services company MAGNOOS

Founder Michael Halas to continue running MAGNOOS as managing partner

Bold decisions: How Covid-19 hustled Careem back to the startup mindset

Gheed El Makkoui, general manager at Careem UAE discusses all things mobility with Gulf Business in times of the pandemic

GCC Covid-19 update: UAE registers 1,041 new infections, 1,001 recoveries

The death toll in the UAE remains unchanged at 426

KUWAIT-HEALTH-VIRUS-ECONOMY

Kuwait Central Bank denies plan to devalue, stands by peg

Kuwait is the only country in the six-member Gulf Cooperation Council that links its currency to a basket dominated by the US dollar, while the others are linked solely to the greenback

Dubai Municipality taps Huawei for disaster recovery data centre

The Tier 2 data centre inaugurated less than three months from the start of the contract

Yves Bonzon, Group CIO, Bank Julius Baer

Will healthcare take the lead in 2020s?

What are the biggest trends set to redefine the future of the industry?

DGA

Saudi Arabia scraps VAT for property deals

However, a new tax of 5 per cent – the Real Estate Transaction Tax – will be levied on property deals in place of the VAT

Arabtec

Burj Khalifa builder Arabtec set to fall into liquidation

It was valued at about Dhs30bn at its peak in 2014 and is now worth Dhs795m

Omantel is said to explore a $500m sale of tower network

It reported a 28 per cent drop in first-half profit, hurt by a sharp slowdown in economic activity

Etihad

Etihad offers complimentary Covid-19 tests for flights from Abu Dhabi

The airline has partnered with Life Medical Diagnostic Center to offer testing at its network of facilities across the UAE

Dubai Museum of the Future

Video: Sheikh Mohammed visits Dubai’s Museum of the Future

The façade of the complex includes 1,024 panels built using robotic technology

Dubai-based Noon.com, Mashreq Bank jointly launch co-branded credit card

Cardholders to enjoy 3.5 per cent cashback on all purchases at noon.com

Covid-19 update: UAE registers 1,231 infections, highest daily rise since the outbreak

The death toll in the UAE has risen to 426

The growth trajectory of Oman’s startup sector

Oman’s startup and innovation ecosystem is picking up pace

The best Gulf-based business ideas for 2021 and beyond 

Here are five business ideas with the potential to thrive in 2021 and beyond

UAE Covid-19

Covid-19: UAE reports 1,181 infections, 1,168 recoveries

The new cases were identified following 107,187 Covid-19 tests conducted to screen for the virus

Dubai-airport

Dubai issues new travel guidelines for residents, visitors and Emiratis

Emiratis, residents and tourists travelling overseas from Dubai must undergo a Covid-19 PCR test prior to departure only if their destination country requires them to do so

Oracle launches first of Cloud regions in the UAE in Dubai

DP World, DAMAC, Abu Dhabi Customs, Tahaluf Al Emarat among UAE Oracle cloud customers

dubai watch week

Talking horology: Mohammed Abdulmagied Seddiqi, CCO at Seddiqi Holding in Dubai

Ahmed Seddiqi & Sons isn’t letting the Covid-19 crisis drastically alter the business model of one of the world’s largest luxury watch retailers

schools uae

World Bank ranks UAE and Bahrain as top Arab nations for human capital

Bahrain ranked first among the GCC countries for academic achievement

Covid-19 update: UAE reports 1,158 cases, highest daily rise in new infections

The registered infection count in the UAE has risen to 421

Air Arabia-Abu-Dhabi

Air Arabia Abu Dhabi announces new flights

It will fly from Abu Dhabi to Chattogram twice every week on Sundays and Tuesdays

AbdulRahman Oracle

Oracle building major cloud data centres in the UAE, Saudi Arabia

As Oracle opens its new cloud region in Dubai, the company’s regional head, Abdul Rahman Al Thehaiban, explains why the cloud plays a key role in the current crisis

Arabtec

Dubai’s Arabtec to file for liquidation – reports

It recorded an H1 2020 loss of Dhs794m

Statue Of The Fearless Girl In Front Of The New York Stock Exchange

Yalla Group becomes first UAE-based technology unicorn to list on NYSE

Yalla aims to raise around $139.5m through the listing of 18.5 million shares

NMC Healthcare completes application to ADGM for appointment of administrators

Alvarez & Marsal managing directors Richard Fleming and Ben Cairns have been appointed joint administrators

Careem

Careem begins intercity services from Dubai to Abu Dhabi

Passengers will need to obtain a negative Covid-19 test to be eligible for entry into Abu Dhabi

Union Properties approves Dhs400m offer for stake in Dubai Autodrome

The board will continue to evaluate the acquisition of other real estate assets in the UAE