Covid-19 impact on GCC trade: How are the regional supply chains faring?

As a key international trading partner, how is the region protecting its supply chain during the current crisis?

Mubadala

Ambani’s Jio platforms sells $1.2bn stake to Mubadala

Facebook invested $5.7bn in Jio in April for a roughly 10 per cent stake

Jeddah curfew Saudi Arabia - lme

Saudi reimposes curfew in Jeddah; curbs on private and public sector operations

The kingdom reported its single highest number of daily Covid-19 infections on Saturday, June 6

Covid-19 testing UAE

Covid-19 update: UAE conducts over 2.5 million tests, total death toll now at 275

The UAE reported 626 new cases, taking the total number of infections reported so far to 38,268

Covid-19 impact on the GCC’s energy sector: Switching on or off?

The energy sector continues to be the biggest pillar powering the growth of GCC economies. But as it reels with the impact of the historic oil price drop and the Covid-19 pandemic, is the outlook for the future brighter?

Covid-19 impact on businesses and HR in the UAE

The pandemic has prompted businesses to realign their human resource strategies to safeguard the wellbeing of all key stakeholders

Video: Dubai officials arrest international criminal wanted by Interpol in sting operation

Amir Faten Mekky, a Danish national, reportedly entered the UAE in November 2018

Covid-19 testing UAE

UAE reports 624 new Covid-19 cases, fines several people for violating precautionary measures

The total death toll in the country has risen to 274

Etihad

Abu Dhabi’s Etihad confirms salary cuts extended until September

The airline added that housing allowances and a number of other benefits would continue to be paid

coronavirus

GCC Covid-19 update: UAE reports 659 cases; Saudi registers 1,975 infections, 32 deaths

The death toll in Saudi Arabia and the UAE has risen to 611 and 273 respectively

Microsoft had a big presence at GITEX Technology Week last year

Gitex, Gitex Future Stars events rescheduled to December 2020

Gitex was originally slated for between September 27 to October 1 this year

Dubai’s Shuaa Capital supports businesses via its corporate restructuring and financial services

In the past few years, the firm has structured and invested over $4bn of debt deals

Nearly 2,000 UAE-based merchants look to develop e-commerce – Network International

Network International’s Pay By Link platform helps small businesses make a transition to e-commerce

Private schools in Dubai ready to open campuses in September

No announcement regarding the reopening of school campuses has yet been issued by officials in the UAE

Emirates to resume flights to 16 more cities from June 15, including New York, Singapore

From June 8, Emirates will also offer flights from Karachi, Lahore and Islamabad for travellers who wish to connect onwards to other destinations

Wizz Air targets 100 aircraft serving GCC markets by 2035

In 2019, Wizz Air flew 40 million passengers to 151 airports in 44 countries on 710 routes

Etihad Airways Boeing 787-9 Dreamliner

Abu Dhabi’s Etihad to resume regular flights to 20 cities from June 10

Transfer connections from these cities via Abu Dhabi will also be available

Abu Dhabi Covid-19 Prime Assessment Centre

Abu Dhabi opens assessment centres for Covid-19 patients

Patients who test positive will receive an SMS directing them to visit one of the Covid-19 Prime Assessment Centres

Worst may be over for biggest Arab economies as businesses adapt

Following a pandemic-driven plunge, non-oil private sector activity improved in Saudi Arabia, Egypt and the United Arab Emirates

Kuwait doesn’t want to be an expat-majority nation anymore

Foreigners account for nearly 3.4 million of Kuwait’s 4.8 million people

UAE government hikes staff capacity at offices to 50% from June 7

Certain categories of people will be exempt from returning to offices and will continue to work remotely

UAE reopens airports in Dubai, Abu Dhabi and Sharjah

Individual carriers including Etihad Airways, Emirates, flydubai, and Air Arabia are expected to make announcements regarding their flight schedules over the next few days

UAE reports 571 Covid-19 cases, 1 death; infections cross 36,000

The death toll in the UAE now stands at 270

UAE Coronavirus

GCC Covid-19 update: Saudi reports 2,171 cases, 30 deaths; Oman registers 738 infections

The death toll in Saudi Arabia and Kuwait has risen to 579 and 230 respectively

Five steps for GCC countries to resume their economies post Covid-19

Regional governments must undertake key measures to ensure a renewed and sustained approach to economic recovery

UAE low-cost carrier Air Arabia confirms layoffs due to Covid-19 impact

UAE airlines Emirates and Etihad Airways have also confirmed redundancies

jafza jebel ali free zone

JAFZA conducts massive disinfection across all facilities

The move is in line with Dubai government’s directive for private sector businesses to operate at full capacity

cardboard waste

Abu Dhabi temporarily bans exports of iron scrap, waste paper and cardboards

The decision is applicable for a period of four months starting May 15, 2020

Dubai’s Emirates to expand its network to 50 destinations in June

The airline remains confident of a strong revival by adding more destinations and facilitating transit passengers

Hajj to begin on July 7

Indonesia pulls out of Hajj this year on virus concerns

More than 220,000 people from the country were expected to participate in this year’s Hajj