Sharjah initiates Dhs4bn liquidity support to offset virus impact

The move aims to provide additional financial assistance to all businesses impacted by the pandemic

Abu Dhabi Ports launches new feeder service to boost trade

SAFEEN FEEDERS will introduce a feeder service linking Abu Dhabi to ports serving the UAE, the wider Gulf region and the Indian subcontinent

Brent oil rises past $40 as OPEC+ cut extension looks likely

While crude has now doubled from its low in mid-April, the path back to pre-virus levels of oil demand still looks uncertain

Midday work ban in the UAE to begin from June 15

Any establishment that does not comply with the midday work ban will face a fine of Dhs5,000 per worker

LinkedIn Stories rolled out for members in the UAE

Members can share photos and videos of up to 20 seconds via their LinkedIn accounts

Dubai private sector to operate at 100% capacity from June 3

The directive was issued by Sheikh Mohammed bin Rashid Al Maktoum

ADNOC Distribution launches 5 new on-the-go stations in Abu Dhabi in May

In 2020, a total of 10 ‘ADNOC On the go’ stations have been opened across Abu Dhabi and Al Ain

UAE’s MOE announces final examination dates for Grade 12

The final exams for grade 12 students will be conducted through the distance learning system

Social space: A roundup of all the GCC social media news in May

Fadi Khater, founder and managing partner of digital marketing agency Netizency, provides an overview of social media trends in the region

coronavirus

GCC Covid-19 update: UAE reports 596 cases, 3 deaths; Saudi registers 24 deaths

The death toll in the UAE and Saudi Arabia has risen to 269 and 549 respectively

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