First Abu Dhabi Bank

First Abu Dhabi Bank joins Mideast lenders in raising provisions

First Abu Dhabi Bank increased impairments to Dhs1.06bn ($289m) from Dhs467m a year ago

ADNOC considers stake sale in $5bn of properties

The plan is in its inception stage and could still change

Waldorf-Astoria-Ras-Al-Khaimah

Free Covid-19 tests for all hospitality staff in Ras Al Khaimah

Hospitality staff testing will be carried out across the 45 hotels in the emirate

Huawei - Sanjay Sainani copy

Planning for the data centres of tomorrow in the Middle East

Ensuring data centers are fully prepared to meet the future demand is a critical endeavour to support the new digital economy

Gonzalo Usandizaga

Why businesses within the Middle East need to guard against a “new normal” wave of cyberattacks

While cybersecurity systems in place may have been enough before the pandemic, companies need to reassess their frameworks in light of this increased stress to ensure business continuity

Shailesh Dash main

Phi Trends: The business implications of 5G

Investors must keep a lookout for stocks with game-changing potential, which inevitably will tap into 5G and enable future growth prospects, opines entrepreneur and investor Shailesh Dash

GCC Covid-19 update: UAE registers 369 cases; 846 infections reported in Oman

The death toll in the UAE and Oman has risen to 347 and 402 respectively

ADCB

UAE’s ADCB to lay off around 400 employees – reports

The bank had asserted in March that no employees would be made redundant as a result of the Covid-19 pandemic

CEOs in the UAE should have tech background to succeed – VMware study

UAE businesses see the benefits of modernised apps to enhance performance and resilience

Abu Dhabi

Free parking in Abu Dhabi during Eid Al Adha holidays

Surface public parking bays will be free starting from Thursday, July 30

UAE announces fuel prices for August 2020

Petrol prices will stay the same for the fifth consecutive month

Smart Dubai partners with Dubai Health Authority to upgrade inventory app

The smart inventory app seeks to manage the stock of medicines in Dubai to prevent any shortages

Dubai Chamber creates new restaurants business group to support the industry

Restaurants Business Group will support the restaurant sector as it emerges from Covid-19

Dubai Financial Market announces H1 2022 results, posts net profit of Dhs63.4mn

Dubai Financial Market appoints new CEO, reports 21% rise in H1 profit

The DFM attracted 1,718 new investors during the first half of the year

Bee'ah Solar Farm Sharjah

Bee’ah to launch Middle East’s first solar energy landfill project in Sharjah

The project will be able to generate more than 42 megawatts of energy per year

Covid-19

UAE reports 264 Covid-19 cases, 328 recoveries

There are now 6,322 active cases within the country

Louvre Abu Dhabi

Mandatory regular Covid-19 testing for all tourism sector employees in Abu Dhabi

The directive was issued by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) on Monday

Dubai Hala taxi service lays down stringent health and hygiene rules in the wake of Covid-19

Drivers will be required to pass a temperature test before picking up passengers

Startupbootcamp establishes regional headquarters at Dubai’s DIFC

FinTech ranked first in the region for deals ahead of e-commerce and transport and logistics

Abu Dhabi

Private sector companies in Abu Dhabi restricted to 60% on-site workforce capacity

Abu Dhabi has issued a new set of precautionary guidelines for all private sector firms operating within the emirate

Dubai’s Emirates to resume services to three more cities

The carrier will grow its passenger network to 67 cities in August

Yas Malls Aldar Properties

Aldar offers double Etihad guest miles on Visa card spends at Abu Dhabi malls during Eid Al Adha

From July 28 to August 3, members will earn two Etihad Guest Miles for every Dhs3 spent on purchases with their Visa cards over Dhs50

Emirates issues travel advisory for passengers travelling to and from Dubai

Travel protocols have changed in the UAE in the aftermath of the Covid-19 pandemic

Standard Chartered

Standard Chartered appoints new CEO for Saudi Arabia banking division

In February last year, the British bank received approvals from Saudi Arabia’s financial regulator to open a branch in the kingdom

Dubai’s Emirates launches online portal for travel trade partners

The online gateway will serve as a resource for travel industry partners to access complete information on Emirates’ latest products, services and policies, and obtain technical support

Abu Dhabi’s Jubail Island Investment Company awards Dhs86m contract to Gulf Contractors Company

The overall infrastructure works on Jubail Island amount to approximately Dhs600m

Dubai online retailer Noon to launch a ‘fair’ food delivery platform

Alabbar says the F&B sector has been held ransom by food aggregator platforms

HSBC arranges first green export credit agency loan for Saudi ministry

The proceeds of the loan are being used to purchase buses from Germany for the kingdom’s public transport network

CAFU

CAFU moves to free delivery in the UAE, offers fuel at petrol station prices

Free delivery will be a permanent feature of CAFU’s business model within the country, as the move aims to save customers money and time

India adds destinations for repatriation flights from UAE

Air India will fly to additional destinations between August 1-6