UAE-Saudi Arabia-Covid-19

UAE reports 400 Covid-19 cases, 1 death; Saudi records 3,383 infections, 54 fatalities

The total number of infections in UAE and Saudi Arabia stands at 49,469 and 197,608 respectively

abu-dhabi-corniche-beach

Update: Covid-19 tests no longer required to visit Abu Dhabi’s beaches, parks

A few beaches and parks will reopen in the first phase starting July 3, with occupancy capped at 40 per cent of the total visitor capacity

Uber partners with Mastercard to offer free rides home to all inbound UAE residents

The service will be applicable for rides home from Dubai International Airport, Al Maktoum International Airport and Abu Dhabi International Airport

OPEC cuts output to lowest since 1991 as virus slams oil demand

The Organization of Petroleum Exporting Countries cut production by 1.93 million barrels a day to 22.69 million a day last month

Dubai’s Emirates processes nearly 650,000 refund requests, returns over Dhs1.9bn to customers

The airline crossed its target by early June, expanding its processing capability from a monthly average of 35,000 requests to nearly 200,000

Etihad operates 106 UAE humanitarian aid charters to combat Covid-19 globally

The flights were undertaken to 54 destinations to transport medical and food aid

UAE Public Prosecution

Photographs of those violating UAE’s Covid-19 precautionary measures published

Officials have warned that if violations continue to occur, it could lead to a “tightening of restrictions” in the UAE

Saudi Arabia to Bahrain causeway to reopen late July – report

The King Fahd Causeway shut on March 7 as part of the precautionary measures implemented by Saudi Arabia

dubai-international-airport-runway

UAE residents and citizens cannot travel abroad for tourism

Residents who wish to visit their home countries and return to the UAE will be permitted to do so

Saudi clothing retailer Alhokair cuts staff pay

The retailer reported a full-year loss of $182m after a profit year ago

Abu Dhabi City United Arab Emirates

UAE’s Taqa to offer more shares in asset-transfer deal

Taqa has 23 gigawatts of power-generation capacity globally, with assets in Canada, Ghana, India, Iraq, the US and several other countries

coronavirus

UAE citizens abroad with Covid-19 symptoms, virus should inform embassy

The total number of cases in the UAE has risen to 49,069

UAE oil-storage hub to open new tanks this year

Brooge is adding eight tanks at the site in the UAE port of Fujairah

China Innoway to set up regional office in Dubai's DMCC free zone

China’s Innoway to set up an office in DMCC to spur Dubai’s tech startup ecosystem

Innoway, dubbed China’s Silicon Valley, has incubated over 3,400 startups and raised approximately Dhs4.7bn

Kuwait’s Agility seeks $150m cost saving to tackle virus

The CEO said that the virus has also opened up opportunities for the company related to digital logistics and technology

Indonesia lists three sukuk valued at $2.5bn on Nasdaq Dubai

The listings consist of a 10-year issuance of $1bn and two issuances of $750m each

Emirates Mars Mission’s Hope Probe to launch on July 15

The unmanned probe is expected to enter Mars’ orbit on February 2021

Abu Dhabi’s AI university signs research cooperation agreement with Virgin Hyperloop

The Mohamed bin Zayed University of Artificial Intelligence is the world’s first graduate-level, research-based AI university

UAE approval of Boeing 737 Max likely to closely follow FAA

The planemaker and the US Federal Aviation Administration began a series of flights this week to test whether the revamped aircraft is safe to resume operations

KUWAIT-HEALTH-VIRUS-ECONOMY malls

Kuwait enters second phase of easing Covid-19 restrictions, with malls, cafes and parks reopened

Public and private sectors can resume work with a maximum of 30 per cent capacity

Abu Dhabi’s Yas Marina Circuit to feature a drive-in cinema

The movies will be showcased every Thursday, Friday and Saturday starting July 9

GCC heading for hotel supply glut

How can GCC countries turn economic diversification into a reality

In the wake of the Covid-19 pandemic and plummeting oil prices, GCC governments must reconsider their approaches to build diversified economies

UAE reports 421 new Covid-19 cases, one death

The total number of infections recorded in the country has risen to 48,667

Revealed: Key facts about the new data protection law issued by Dubai’s DIFC

The new law will cement the centre’s position as well as enhance its data protection practices

Dubai Islamic Bank lists $300m sukuk on Nasdaq Dubai

There is a total of $71.09bn sukuk now listed on the exchange

Update: No NOCs will be issued to UAE residents in India to facilitate return

All residents seeking to return to the UAE must receive approvals from the Federal Authority for Identity and Citizenship

Dubai World pays $8.2bn two years early to complete debt revamp

The payment was made using funds from asset sales, dividend payments and the delisting of port operator DP World

UAE announces fuel prices for July 2020

Prices are unchanged from April 2020

Dubai’s Emirates resumes on-ground services for premium customers from July 1

The carrier will resume its Chauffeur Drive service and airport lounge for premium customers following a full health and safety review

Etihad Airways Boeing 787-9 Dreamliner

Etihad confirms additional flights to eight countries, including India, Egypt and Germany, starting July 16

Outbound passengers travelling to Abu Dhabi airport from other emirates within the UAE do not require to undergo a Covid-19 test to enter the emirate