Abu Dhabi moves to get more value from oil with chemical venture

ADNOC and its partner, ADQ, agreed to invest in and manage downstream activities at the planned Ruwais Derivatives Park

Safa Al Hashem Kuwait

Kuwaiti MP proposes move to stop issuing residency permits for expats aged over 60

The proposal also seeks to deport “all expats undergoing treatment at psychiatric hospitals”

Saudi Arabia

Saudi Arabia refutes reports that it is mulling income tax

An official within the government added that the “issue is fundamentally not for discussion”

Kuwaiti Emir Sheikh Jaber Al-Ahmad Al-Sabah

Kuwaiti Emir to travel to US to continue medical treatment

The 91-year-old emir had a “successful surgery” in Kuwait earlier this week

UAE increases mosque capacity to 50%; Eid Al Adha prayers to be done at home

Eid Al Adha prayers would be conducted at homes and takbeers broadcast through visual and audio means

dubai-international-airport-runway

Prior Covid-19 tests mandatory for all passengers arriving or transiting through UAE airports

Children under the age of 12 and those with severe or moderate disabilities will be exempted from the mandatory tests

Dubai-based 3D printing start-up Immensa to expand to Saudi Arabia, US

Amid Covid-19 pandemic, Immensa remobilised to produce more than 20,000 3D printed face shields per week

UAE residence visa

Everything you need to know if you plan to travel in and out of the UAE

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

Dubai’s Emirates to resume flights to Seychelles from August 1

Flights will operate to Seychelles five times a week with Boeing 777-300ER

Dubai Islamic Bank posts 23% dip in net profit for H1 2020

The bank’s total income worth Dhs6.8bn for the first half of 2020 also fell 2 per cent from Dhs6.98bn in H1 2019

Saudi Arabia’s Al Othaim family said to plan IPO for malls unit

The sale may happen in the first half of 2021

Dubai’s Emirates NBD lists $750m bond on Nasdaq Dubai

The perpetual bond is callable after six years and pays a coupon of 6.125 per cent

Eid Al Adha

Eid Al Adha 2020: UAE announces holidays for public sector

Public offices will be closed from Thursday, July 30 to Sunday, August 2

How Saudi Arabian shoppers are gearing up for the ‘new normal’?

Saudi consumers while venturing out more than in preceding months, still prefer to retain several preventive measures while shopping in stores

Bahrain’s Al Salam Bank partners with Bahrain bourse, Central Bank on new Shari’a-compliant framework

New structure reduces fees and provides an alternative for local financial institutions traditionally reliant on international brokers

Free Covid-19 tests for all expat residents and UAE citizens in Fujairah

The initiative will be undertaken in coordination with the Fujairah Medical District and the emirate’s emergency crisis and disaster management team

Etisalat

Etisalat Group reports Dhs4.6bn consolidated net profit for H1 2020, up 3% y-on-y

However, consolidated revenues of the UAE’s biggest telecom operator decreased 1 per cent to Dhs25.6bn

King Salman Saudi

Saudi’s King Salman chairs Cabinet meeting from hospital

He was admitted to the King Faisal Specialist Hospital on Monday to undergo medical tests due to an inflammation of the gallbladder

Abdulla Al Ghurair Foundation to support online education initiatives in the UAE

Joint initiative to make online programmes accessible to a wider pool of students

Tata Communications granted local ISP, telecom licence in Saudi

Licence allows change of status from a foreign carrier to local licenced service provider

Cebu Pacific issues guidelines for travel between Dubai and Manila

Non-adherence to these guidelines may result in passengers being denied check-in or boarding for the flight

Abu Dhabi student School

Abu Dhabi confirms school campuses can reopen for the new academic year

Schools in the UAE capital have to announce their reopening models by July 30

Muscat Oman

Oman to reimpose nationwide lockdown to contain spread of Covid-19

The two-week lockdown will commence from July 25

GCC Covid-19 update: UAE registers 305 cases; 1,487 infections recorded in Oman

The death toll in the UAE has risen to 341

Dubai UAE

Eid Al Adha in UAE likely to fall on July 31, crescent moon sighted

No official announcement has yet been made by UAE authorities

Dubai skyline

Intelak Hub set up to support travel, tourism startups in Dubai

Intelak Hub merges Intelak Incubator, Idea Lab with the Futurism Accelerator programme

Dubai’s GoFood app launches grocery delivery service

GoFood Grocery service requires a minimum order worth Dhs100

New contactless dining platform Opaala launches in Dubai

Opaala says it can enable venues cut down on operational costs by working with a skeleton crew

Chinese School Dubai

First Chinese national curriculum overseas school to open in Dubai this September

Located in Mirdif, the school will be the the first overseas Chinese school to receive financial support from the Chinese government