This UAE firm offers a letter of guarantee with no fees in less than 24 hours

UAE-based Finance House offers the Al Rabeh Guarantee service to support local businesses

Emirates announces flights to 10 new cities; offers connections via Dubai to 40 destinations

The carrier will add frequencies on 14 existing routes in July

Abu Dhabi’s Mubadala weighs selling property assets to Aldar

Mubadala may also dispose of some residential buildings in the United Arab Emirates’ capital

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Oil giant Saudi Aramco completes $70bn takeover of SABIC

Aramco will push back the bulk of installments until after 2022 and delay the final one by three years until 2028

Oman steps up plan to build Middle East’s biggest oil-tank farm

Oman Tank Terminal Co. (OTTCO) has almost finished constructing eight tanks to store crude for a new refinery near the town of Duqm on the Arabian Sea

UAE Central Bank’s TESS liquidity scheme availed by 26 banks

More than 140,000 eligible customers have already benefited from the TESS liquidity facility

UAE outlines conditions under which residents, citizens can travel abroad

Travel will be permitted to specific destinations and for pre-determined categories of people starting June 23

Kuwait’s housing authority sacks 135 foreign workers, aims to be ‘expat-free’ by May 2021

The decision is part of the government’s strategy to ‘Kuwaitise’ jobs in the public sector

Sweeping relaxation of Covid-19 restrictions in Dubai; children, elderly allowed in shopping malls

The new measures are in effect beginning Thursday, June 18

Will upskilling improve your job prospects in the UAE right now?

With the pandemic adversely affecting the jobs market, professionals must ensure their skills remain relevant, says head of Heriot-Watt University Dubai

Gulf Business Talks: How can the GCC’s hospitality sector emerge from the Covid-19 crisis?

In this exclusive webinar, hear from experts on what lies ahead for the regional hospitality sector

coronavirus

GCC Covid-19 update: Saudi registers 4,919 cases, 39 deaths; Oman reports 810 infections

The death toll in Saudi Arabia stands at 1,091

Sharjah’s Shurooq to reopen its hospitality and leisure destinations

The move has been made in adherence to the UAE government’s health and safety protocols

Bahrain’s King Fahd Causeway set to open new gates on the Saudi side

The bridge’s passenger capacity will increase by 45 per cent when it reopens to passenger traffic

Revealed: All the places that have reopened in the UAE so far

As coronavirus restrictions are lifted, these are the venues that have been allowed to reopen in the country

Dnata offers home check-in, baggage disinfection services to travellers in Dubai

Check-in services are delivered by baggage technology and logistics company, DUBZ

Abu Dhabi restaurants, cafés must cap occupancy at 40%; restrict entry for customers below 12 and above 60

In case a food handler contracts the virus, the establishment must be closed

Covid-19 impact on the regional energy sector: Is it set for a rebound?

In light of historic oil price routs and oversupply triggered by the novel coronavirus, how imminent and optimal is recovery for regional energy markets? Gulf Business speaks to Rita Allan, senior Construction and Projects associate at Pinsent Masons Middle East, to find out more

Saudi’s Millenium Arabia launch first Arabic esports series on Twitter

The series will be streamed every Thursday at 9.30pm UAE time starting June 18

Dubai ‘on track’ to curb virus spread, says many hospitals do not have any Covid-19 cases

The rate of infections in the last three weeks has fallen considerably while the rate of recoveries has increased

Saudi oil exports to US plunge to lowest level in 35 years

The kingdom has exported just one cargo to the US so far in June, equivalent to about 133,000 barrels a day

Abu Dhabi’s ADQ in talks for loans to fund acquisition spree

The investment firm could raise more than $3bn through a five-year loan

E-learning university students

Dubai Culture launches e-learning initiative in partnership with LinkedIn

There are over 100 training courses that will be available for free primarily for creative professionals within the UAE

Non-oil trade between UAE, Australia up 17.4% y-on-y in 2019

Aluminium, as well as fresh and chilled meat, topped the list of commodities imported by the UAE from Australia

Permits not required to travel out of Abu Dhabi during movement ban

The emirate extended its movement ban by another week starting June 16

Dubai allows waterparks to reopen with limited capacity

All attractions, including rides and slides can reopen

Coronavirus Testing Laboratory

GCC Covid-19 update: UAE reports 346 infections, 2 fatalities; Saudi registers 4,267 cases, 41 deaths

The death toll in Saudi Arabia has reached 1,052

saudi arabia covid-19

Saudi Arabia rolls out $1bn industrial support package

Gross domestic product is expected to shrink the most in two decades this year

L’Oréal Middle East launches programme to support UAE’s Covid-19 relief efforts

More than 84,000 essential and personal care products worth Dhs4m have been donated to NGOs and hospitals