Dubai Medical Test Centre

New visa medical testing centre opens in Dubai Investments Park

It is the DHA’s 11th medical fitness centre and will cater to over 650,000 labourers in DIP

covid-19 coronavirus

UAE reports 339 new Covid-19 cases; 316 recoveries

The total number of cases has risen to 68,020

US Secretary of State Mike Pompeo arrives in UAE

His visit to the UAE forms part of a broader Middle East tour

Bahrain stresses it backs two state solution in Pompeo meeting

Pompeo was in Israel and Sudan this week as part of an outreach

NMC Health faces advisory fees of $140m for bankruptcy

NMC had a peak market value of $10bn on the London Stock Exchange before the uncovering of billions of dollars of undisclosed debt pushed it into administration

Top UAE banks signal slow recovery for Q3 2020 – report

Second-quarter net profit for UAE-based top banks jumps 21 per cent

Dubai’s Emirates to resume passenger services to Conakry, Dakar

Emirates’ network will grow to 77 destinations in September

Emirates, Etihad ask crew to take more unpaid leave as virus saps travel demand

Emirates aims to serve 100 per cent of its network destinations by summer 2021

Mastercard rolls out tokenisation technology in the GCC to protect online shoppers

Currently, Mastercard has partnered with Checkout.com and FOO in the UAE to roll out the technology

Prince Khaled’s KBW Ventures invests in ethical pet food brand

KBW Ventures joins funding round for US-based Bond Pet Foods

Top Saudi Binladin executives leave amid $15bn debt revamp

The company is working with US investment bank Houlihan Lokey Inc. on reorganising its debt

UAE Covid-19

UAE detains two for ‘spreading false rumours’ about five Covid deaths in a family

Authorities have warned of strict action against anyone found spreading false and inaccurate information related to the coronavirus

Dubai Hospital

Dubai Hospital completes first phase of emergency department expansion

The department receives over 8,000 emergencies per month

Dubai’s RTA, DANS sign MoU for autonomous air vehicle project

The MoU will also enable added cooperation relating to studying laws relating to autonomous air vehicles

Sharjah

All Sharjah private schools to have 100% distance learning for first two weeks

The decision was jointly announced by the Sharjah Private Education Authority and the Local Emergency Crisis & Disaster Management Authority of Sharjah

Abu Dhabi

Abu Dhabi tightens Covid-19 testing rules to enter emirate

All DPI laser rapid testing results must be accompanied with a negative PCR test result received six days prior to entry

Formula 1 Abu Dhabi Grand Prix

Formula 1 Abu Dhabi Grand Prix confirmed for Dec 13 with no spectators

The event will take place at the Yas Marina Circuit with access restricted to essential F1 staff, drivers and teams

Covid-19 tests not mandatory for students in Dubai returning to school – KHDA

All school staff are required to take a Covid-19 PCR test prior to the start of term, the cost of which will be borne by the government

Dubai Investments to deliver Al Barsha Tower by September 2020

The project stands 95 per cent complete

GCC Covid-19 update: Oman reports 143 cases

The total cases in Oman have scaled to 84,652

Dubai’s RTA caps number of students in school buses; introduces safety measures for school transport service

Dubai Taxi Corporation’s school transport service has 18,608 registered students

Kuwait imposes ban on visa transfers to private sector

It has also levied restrictions on the transfer of dependent to work visas in the private sector

UAE residents ditch fries for salads in the wake of Covid-19: report

Average order value of food bought online decrease 4% post-lockdown

Expo 2020, participating countries show strong progress on path towards global event

Expo 2020 Dubai has been postponed by a year due to the impact of the Covid-19 pandemic, and will now run from October 1, 2021 to March 31, 2022

SAUDI-ECONOMY-TRANSPORT-METRO

Saudi to localise engineering jobs from 2021

The decision applies to all private sector establishments that employ five or more engineering professionals

Abu Dhabi returns to dollar bond market with multi-tranche deal

Abu Dhabi raised $7bn in April also through a three-tranche bond offering

UAE’s ADNOC Distribution trains 254 Emirati employees for leadership roles

There were 75 women and 179 men trained for leadership roles in the company

Mubadala Kohlberg PCI

Abu Dhabi’s Mubadala and Kohlberg acquire majority stake in PCI Pharma Services

Philadelphia-based PCI provides a range of integrated pharmaceutical supply chain solutions

Dubai-Chamber

Dubai Chamber records 26% y-on-y increase in member companies’ exports to China in May

Vegetable oil accounted for the majority of the value of exports with a share of 53 per cent

RAK’s Sheikh Saud orders exemption of renewal fees for select commercial activities to counter Covid-19

Nurseries have been granted 50 per cent exemption on trade licence renewal