Private schools in Dubai can opt for a suitable teaching approach

Schools are encouraged to implement innovative solutions to ensure high safety standards in the current environment

Ajman fire

Massive fire breaks out at Ajman market

Investigations are currently underway into the cause of the fire

UAE plots new stimulus measures to bolster economy

The UAE’s central bank had provided more than $70bn of stimulus by March to aid businesses

Dubai’s DAE reports 38% drop in net income for H1 2020

It reported an income of $121.7m in H1 2020, down from $197.1m in the corresponding period last year

Automechanika Dubai cancels 2020 event amid Covid-19

The automotive products exhibition will be held from June 7-9 2021 at DWTC

GCC Covid-19 update: UAE reports 254 cases, two deaths

The death toll in the UAE stands at 353

Students in Dubai can opt for distance learning for first term – KHDA

Last month, KHDA issued a list of 100-plus protocols for the re-opening of private schools across the emirate in September this year

AI everything

Dubai issues guidelines to restart exhibitions, live events and concerts

Measures to be followed include social distancing and limited capacity

What are important board governance lessons to glean during the Covid-19 pandemic?

In the current crisis, companies of all sizes are asking board members to roll up their sleeves and help management meet immediate needs

Abu Dhabi

Abu Dhabi ports’ non-oil foreign trade valued Dhs66.5bn for first four months of 2020

Re-exports fell 24.6 per cent year-on-year to Dhs13bn and non-oil exports by 8.5 per cent to Dhs18.3bn

Jobless recovery from virus takes shape for top 3 Arab economies

Employment continued to fall in Saudi Arabia, the UAE and Egypt despite a stronger pickup in non-oil private sector activity in July

DAFZA

Exports from Dubai’s DAFZA up 54% in Q1 2020

China accounted for the highest percentage of DAFZA’s trade, with 21 per cent valued at Dhs7.7bn

Kuwait’s $112bn pension fund has cash to burn after revamp

Cash accounts for about 11.5 per cent of its investments, which the fund aims to cut to 4 per cent over the next seven months

King Fahd Causeway zwischen Bahrain und Saudi Arabien

Saudi reopens land borders with the UAE, Kuwait and Bahrain

Trucks coming from the GCC will be allowed entry into the kingdom

Careem

Network International underpins Careem’s digital payments initiative

The five-year agreement will see Network International process prepaid cards on behalf of Careem in five countries

Mimecast acquires anti-phishing technology provider MessageControl

MessageControl uses machine learning to protect emails

Maya Zakhour takes on new role as NetApp channel director for MEA, Italy and Spain

NetApp keen to expand footprint in booming cloud market

Social media

Social space: A roundup of all the GCC social media news in July

Fadi Khater, founder and managing partner of digital marketing agency Netizency, provides an overview of social media trends in the region

GCC Covid-19 update: UAE records 189 cases; 1,342 infections registered in Saudi

No new deaths were recorded for the fourth consecutive day in the UAE

Dubai’s Emirates to resume flights to more cities

The carrier’s passenger network will broaden to 70 destinations in August

GEMS-school 2

Dubai school operator GEMS raises extra debt to bolster its cash

The “incremental” funding will be used to support working capital needs

Dubai attracted around Dhs12bn of FDI in H1 2020

There were 190 FDI projects announced in the emirate in H1 2020, around 50 per cent of them being greenfield initiatives

Saudis spend twice as much time watching mobile video as TV, study shows

Most consumers say a full-length TV or video series is too much of a time commitment

Zainab Invesco

Video: Where are Middle East sovereigns investing?

Fixed income and gold have emerged as attractive asset classes for regional sovereigns, finds the Invesco Global Sovereign Asset Management study

VFS Global launches Covid-19 testing service in UAE

The testing service will commence from August 3, and is being offered in partnership with UAE Ministry of Health approved testing laboratories

Yas Waterworld Abu Dhabi reopens today

The waterpark’s reopening marks the return of all Yas Theme parks and attractions

UAE developer Azizi Developments announces Dhs3.5bn investment

The developer will construct 45 buildings comprising over 11,000 homes across MBR City, Dubai Healthcare City and Al Furjan over the next 2-3 years

UAE’s NMC Health secures $250m funding

NMC has developed a three-year business plan with a strategy to deliver continued growth in its core UAE business

Sheikh Mohammed cabinet

UAE Cabinet holds first meeting in person since Covid-19 outbreak

The cabinet returned to work a month early amid “exceptional circumstances”, said Sheikh Mohammed

Shanghai Electric awarded contract for 5th phase of Dubai solar park

The Solar Park project is the largest single-site solar power plant in the Middle East