UAE-based SellAnyCar.com expands into Saudi Arabia

Used cars online platform launches Kayishha in KSA following $35m cash infusion

Donna Benton The Entertainer

The Entertainer founder Donna Benton exits business; launches new swimwear brand in Dubai

The Entertainer contributed $1.3bn to the economy each year, with its profits growing 25-30 per cent annually

UAE e-commerce platform Awok shuts shop after securing $30m funding

The global economic downturn was cited as the reason

GCC Covid-19 update: UAE registers 735 cases; 667 infections confirmed in Kuwait

The death toll in the UAE has risen to 387

Emirates

Dubai’s Emirates to resume passenger services to additional cities

The flights to Accra and Abidjan will be linked services, operated thrice a week

First Abu Dhabi Bank

First Abu Dhabi Bank to start talks with Israeli lenders

The decision follows the signing of a memorandum of understanding between the UAE central bank and the Israeli Prime Minister’s Office

Shailesh Dash

Phi Trends: How Covid-19 has accelerated healthtech

The crisis has opened up many growth avenues for healthtech ventures, which are attracting a significant amount of investor interest, opines entrepreneur and investor Shailesh Dash, who shares his market perspective in this monthly column

Abu Dhabi’s ADNOC, Apollo-led consortium enter into $5.5bn investment partnership

The transaction will result in upfront proceeds of $2.7bn to ADNOC and is expected to close before end of 2020, subject to closing conditions and regulatory approvals

UAE investor with $540m in cash says M&A spree not over

The Abu Dhabi-based company has amassed a portfolio spanning real estate to utilities and health care to food services

Abu Dhabi Investment Office Invest in Israel

Abu Dhabi Investment Office and Invest in Israel outline upcoming areas of collaboration

The collaboration will focus on innovation and technology

Saudi Arabia delays showcase investment conference until January

It will now be held on January 26-28

School-bus-Dubai

‘Group of schools’ in UAE instructed to implement 100% distance learning as suspected Covid-19 cases detected

UAE educational institutions must restrict student face-to-face attendance to 25 per cent for first two weeks

Atlantis The Palm Dubai

Dubai’s Atlantis The Palm to offer international guests free in-resort Covid-19 tests

Guests need to book a minimum stay of five nights in order to avail of the free testing service

Dubai carrier flydubai offers free global Covid-19 cover to passengers

The service enables passengers to benefit from coverage for their medical expenses up to EUR150,000 and quarantine costs up to EUR100 per day for 14 days

GCC Covid-19 update: Saudi reports 898 cases; 574 infections confirmed in UAE

A total of 3,929 Covid-19-related demises have been reported in Saudi Arabia

Emirates NBD, DMCC partner to ease payment process for freezone members

A zero per cent credit card installment plan has been introduced for a wide range of DMCC services

Balki Radhakrishnan General Mills

Five minutes with Balki Radhakrishnan, vice president and managing director, General Mills AMEA

US-based food company General Mills recently launched the world’s first Old El Paso restaurant in Dubai

King Salman Saudi Arabia

Saudi’s King Salman dismisses royals, officers in corruption probe at Ministry of Defence

Lt. General Mutlaq bin Salim bin Mutlaq Al-Azima will now serve as the Commander of the Joint Forces

UAE Israel US

UAE, Israel, US issue joint statement reaffirming peace plans; will cooperate in 7 key areas

In another event on Monday, the UAE reiterated its support for the cause of an independent Palestinian State with East Jerusalem as its capital

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council

Sheikh Hamdan issues resolution on tourist camps in Dubai

The Department of Tourism and Commerce Marketing is the sole entity responsible for the operation of tourist camps in Dubai

UAE_Covid19_virus

UAE reports 541 new Covid-19 cases, 331 recoveries

The new cases were detected following 82,763 tests undertaken to screen for the virus

Israel UAE

Watch: First direct commercial flight from Israel to the UAE lands in Abu Dhabi

A delegation of Israelis and Americans were onboard El Al flight 971 that departed from Ben Gurion Airport in Tel Aviv earlier on Monday

Flydubai Emirates

Dubai carriers Emirates, flydubai revive partnership to offer customers greater travel flexibility

Emirates customers can travel on codeshare flights to over 30 destinations on flydubai, while flydubai customers have over 70 destinations they can travel to on Emirates

Kuwait finance ministry to mull halving $66bn debt ceiling

The finance and economic committee has also suggested reducing the period for borrowing

Saudi Aramco discovers two oil, gas fields in north of kingdom

Aramco said it will drill more wells to evaluate how much energy the fields hold

Saudi Arabia reserves grew in July from lowest level since 2010

The government could still face a budget deficit of over 13 per cent of gross domestic product in 2020

Israel sees $6.5bn in trade as UAE peace talks kick off

On August 13, the countries announced their plan to normalise ties, a first between Israel and a Gulf Arab nation

ADNEC-Walk-In-Facility_Phase-III-COVID-19-Vaccine-Trials-1024x768-1

UAE’s Phase III Covid-19 vaccine trial receives over 31,000 volunteers; registrations closed

The volunteers belong to 120 different nationalities and will receive regular health checks

Dubai Health Authority Visa

Back-to-school Covid-19 helpline launched in Dubai

The 24×7 helpline operated by the Dubai Health Authority will address concerns regarding the virus and precautionary measures in place to safeguard against it

UAE first Arab country to grant paternal leave to private sector employees

Private companies are mandated to give their male staff paid paternal leave for a period of five working days