Dubai’s DGCX to launch first FX rolling futures contracts in July 2020

These will be perpetual contracts that are automatically rolled over at the close of the trading day if an open position still exists

Dubai’s Emirates suspends passenger services from Pakistan

The airline will continue to operate repatriation flights into Pakistan as per the announced schedule

Dubai Chamber launches CSR programme to aid SMEs in the emirate

SMEs will be paired with large companies who will offer professional advice and resources tailored to its specific needs

Oman Muscat

Moody’s downgrades Oman for a second time in 2020 as oil dips

This year, Oman trimmed its budget expenditure and announced liquidity support in an effort to provide some relief from the Covid-19 shock

Emirates to resume flying A380 superjumbos to London, Paris

The airline said that it’s seeing a positive trend of traffic building up across its network

Dubai Police arrest man who murdered couple during villa break-in

The incident took place in Arabian Ranches on Thursday

Sheikh Mohammed Fish Farm Dubai

Sheikh Mohammed visits Fish Farm in Dubai, encourages domestic food production

The Fish Farm in Jebel Ali can produce about 3,000 tons of organic fish per year

Covid-19 vaccine trials

UAE begins world’s first phase III clinical trial of Covid-19 vaccine

If successful, the vaccine could enter the market by the end of 2020 or early 2021

Sharjah

Sharjah to resume parking fees from July 1

Motorists in the emirate were exempt from paying parking fees for three months starting April 1

School fees to remain unchanged for next academic year – KHDA

The UAE has issued guidelines on the reopening of educational institutions across the country later this year

Majid Al Futtaim reopens more cinemas, entertainment destinations across UAE

VOX Cinemas at Al Hamra Mall, Ras Al Khaimah will reopen on June 23, while VOX Cinemas and Magic Planet at City Centre Sharjah will resume on June 24

Abu Dhabi’s ADNOC announces $20.7bn energy infrastructure deal

A consortium of investors will collectively acquire a 49 per cent stake in ADNOC Gas Pipeline Assets

UAE’s Etihad Airways to launch Covid-19 risk assessment tool

Guests will understand their individual probability of having contracted the virus alongside advisories and recommendations

ENOC Group

Dubai-owned ENOC Group records increase in storage demand across facilities globally

ENOC Group owns and operates ten terminals with a total combined storage capacity of 6.6 million cubic metres across 346 tanks

Dubai Municipality Geospatial map

Dubai Municipality launches e-system to provide access to the emirate’s geospatial maps

The system showcases 2D and 3D maps of Dubai’s landmarks, structures and infrastructure facilities.

Saudi coalition forces destroy 8 ‘bomb-laden’ drones, 3 missiles launched from Yemen

The attacks were targeting “civilians in the kingdom” officials said

UAE endorses Saudi Arabia’s decision to limit Hajj 2020, will not participate this year

Only those already residing in Saudi Arabia will be permitted to attend Hajj this year

Mubadala to double down on tech after $1.2bn Jio stake

The $232bn fund is looking at India, China and Southeast Asia for potential investments

schools uae

UAE issues guidelines on reopening schools, universities in September 2020

Protocols include temperature checks and frequent sterilisation in the new academic year

Coronavirus Testing Laboratory

GCC Covid-19 update: Saudi registers 3,393 cases, 40 deaths; UAE reports 378 infections, 1 death

The death toll in Saudi Arabia and Oman has scaled to 1,307 and 137 respectively

Next few weeks to be a ‘big test’ for aviation industry – Emirates’ Sheikh Ahmed

The Dubai-based carrier’s chairman and CEO confirmed that the airline would expand its services to additional destinations

Entry restrictions into Abu Dhabi extended for a week

However, movement between the different regions within the emirate will be permitted beginning from June 23

Saudi Arabia starts $4bn tourism development fund

The country expects the tourism industry to contribute more than 10 per cent of its annual GDP and create more than 1 million jobs by 2030

Covid-19 impact: How should the UAE’s health insurance sector respond?

In the aftermath of the pandemic and its fallout, how should the healthcare insurance sector prepare for a post-virus era?

UAE ranks 19th in FDI confidence index backed by strong investor sentiment

China, Brazil and the UAE were the only three emerging economies that ranked on the index

UAE food products trade amounted to Dhs31.7bn in Q1 2020

The value of the country’s food imports in the first quarter of this year amounted to Dhs17.98bn

Sharjah to reopen cinemas, pools, entertainment centres and fitness facilities

Several economic and tourism activities in Sharjah are allowed to reopen at 50 per cent capacity on June 24

Dubai tourists residents covid-19

Dubai to welcome tourists from July 7, unveils new travel protocols for all residents and citizens

Foreign nationals possessing residency visas issued in Dubai can return to the emirate starting Monday, June 22

Saudi education platform raises more funds as schools go online

Noon Academy currently operates in Saudi Arabia, Egypt, India and Pakistan, and plans to open a hub in London