EMPG and OLX Group merge MENA and South Asia operations to form $1bn Dubai-based tech company

With this merger, OLX has become EMPG’s largest single shareholder with 39 per cent of shares

Ras Al Khaimah establishes guidelines for reopening of restaurants, cafés and gyms

The measures are aligned with precautions undertaken to ensure the health and safety of customers while ensuring business continuity

How can UAE wealth managers stay relevant in the current economic situation?

Wealth managers need to adopt sophisticated tools such as robo-advisors to stay relevant and offer the best service to their clients, says IT firm Comarch

Dubai construction event Big 5 postponed

The event, originally slated for November this year, will now be held in September 2021

KIZAD Truck Plaza

Kizad to build largest truck plaza in the Middle East

The plaza, which will offer refueling and recreational facilities, will cover an area of more than 87,000 square metres

Movement permits needed in Abu Dhabi during travel ban

Abu Dhabi has banned entry and exit from the emirate for one week starting Tuesday

Abu Dhabi said to near pipeline stake sale to GIP-backed group

A deal could value the pipelines at more than $15bn, including debt

coronavirus covid-19

UAE reports 635 new Covid-19 cases, 2 deaths

The total number of infections detected stands at 35,192

Dubai Health Authority establishes new isolation facility for Covid-19 patients

The isolation facility is located close to Rashid Hospital and contains 25 rooms

Sheikh Mohammed

Sheikh Mohammed enacts new data protection law for Dubai International Financial Centre

The law will come into effect from July 1, 2020

Sir Tim Clark Emirates Airlines - Boeing

Airlines cannot operate with empty middle seats – Emirates’ Tim Clark

The next six to nine months will be “tough” for the aviation industry

UAE-HEALTH-VIRUS

GCC Covid-19 update: Saudi reports 1,881 cases, 22 deaths; Kuwait registers 8 fatalities

The death toll in Saudi Arabia and Kuwait has risen to 525 and 220 respectively

UAE’s Etihad launches health and hygiene programme

The programme will also be supported by the introduction of trained wellness ambassadors who will provide essential travel health information and care

Covid-19 impact on the power sector – what does the future hold?

In the wake of the pandemic, public and private power companies in the MENA region need to adjust their strategies

No paper exchanges except textbooks for this term – KHDA

On March 30, the UAE’s Ministry of Education announced that the distance learning programme would be extended until the end of the current academic year

Aster DM Healthcare launches 50-bed critical care facility in Dubai

With this new facility, Aster DM Healthcare strengthens its presence in the UAE, with four Aster and Medcare hospitals each

Kuwait virus

Kuwait begins phased plan to reopen economy, over a million expats remain in lockdown

Mosques across the country are expected to reopen later this week

Ras Al Khaimah pharma company Julphar launches Dhs500m rights issue

The new capital is also expected to help it expand operations in key markets in the region

Saudi Arabia to inject $13.3bn into banking system

The programme is aimed at helping banks amend and restructure loans without additional fees and support private sector employment

Clean energy now accounts for 9% of Dubai’s total output

The total installed capacity is 11,700MW of electricity

Saudi reserves fall more slowly after transfer to sovereign fund

The government is looking to its largest-ever debt programme to keep the depletion of reserves limited to SAR120bn

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed chairs cabinet meeting; announces incentives for the media sector

The government will suspend administrative fines related to bank guarantees provided by media sector owners

Sharjah hires banks for $1bn sukuk sale

A sale could happen as soon as this week and proceeds will be used for general budgetary needs, sources said

Covid-19 impact: Dubai’s Emirates confirms staff layoffs

Airlines across the globe are cutting jobs as the pandemic hit travel demand

coronavirus

Covid-19: Dubai issues new guidelines on wearing masks

Individuals who require supplemental oxygen or have severe respiratory disorders, people of determination and children under the age of six are exempted from wearing a mask

Abu Dhabi Islamic Bank CEO Manna resigns after a year on job

The bank’s chief operating officer, Sandeep Chouhan, has been appointed acting CEO

Abu Dhabi bans entry and exit from the emirate starting June 2

The regions between which internal movement will be restricted include Abu Dhabi, Al Ain and Al Dhafra

Cebu Pacific to start domestic flights, Dubai-Manila route to remain suspended

The airline said all international flights remain suspended until June 30

Video: How are regional educational institutions navigating through the current crisis?

As remote learning becoming the new normal, Professor Silvia Serrano, vice chancellor of Sorbonne University Abu Dhabi, reveals how educational institutions are managing

Consumer experiences remain pivotal for post-pandemic retail

With the future of retail touted as an omnichannel experience, Gulf retailers in the post-pandemic world must strive to engage customers on all levels