Asian workers take a break at Friday Market in Kuwait City

Kuwait’s National Assembly approves expat quota bill – report

If approved, the law would require some 800,000 Indians to leave the country

Saudi Arabia’s fiscal crisis won’t slow $20bn project

The Diriyah Gate project plans to turn the ancestral home of the royal family into a sprawling tourism, culture and entertainment destination

Dubai-police-drone

Sheikh Mohammed’s new law to regulate all drone operations in Dubai

The law will govern the creation of ‘drone airports’ and outlines the framework for permissions surrounding all drone activities too

Bollywood park, Dubai parks and resorts

Dubai Parks and Resorts to stay closed in summer, reopen on September 23

The company said it will for focus on developing 12 new rides and completion of maintenance works during the closure

Dubai Economy records 83% growth in DED trader licences in H1 2020

The number of DED trader licences issued in June reached 577, an increase of 163 per cent compared to 219 in June 2019

Sheikh Mohammed

Sheikh Mohammed to announce new UAE government structure

The UAE is expected to merge some of its ministries and departments

UAE Covid-19

Sharjah’s Al Nahda residents can avail of free Covid-19 tests

The tests will be carried out at a mobile screening centre set up at Al Nahda Park between 10am-6pm

How should regional economies rebuild a post-Covid world

Sustainability must take priority as economies begin the process of recovering from the impact of the coronavirus

UAE’s food security initiatives: Growing rice in the desert

The Covid-19 pandemic, while ringing in other changes, is also spurring the UAE to grow more of its food

Coronavirus pandemic drags global M&A to lowest level since 2012

Little more than $1 trillion of deals have been announced this year, making for the slowest first half since 2012

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