Expo 2020 Dubai to be held from October 1, 2021

Two-thirds majority of Bureau International des Expositions (BIE) Member States voted in favour of postponing the event by one year

Message from the top: Salvador Anglada, group chief business officer, Etisalat

As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis

UAE’s yallacompare raises $4.25m in new funding round

The comparison website accounts for more than 75 per cent of online insurance transactions in the UAE

More than three family members can commute in one car – Dubai Police

First-degree relatives can also travel in the same vehicle even if there are more than three people

Dubai South waives first-year licence fees for new customers

It has also offered a 20 per cent reduction on licence fee renewals as part of its economic stimulus package

Watch: Burj Khalifa lights up as contributions pour in for world’s tallest donation box

For every light purchased for Dhs10 as part of the campaign, one meal is provided to someone in need

Virus may force Kuwait Finance and Bahrain’s AUB to reassess merger

Last year, Kuwait Finance House offered to buy Ahli United Bank in an all-share deal that was valued at about $8.8bn

KUWAIT-INDIA-HEALTH-VIRUS amnesty

Amnesty ends in Kuwait, 30,000 undocumented expats avail scheme – report

The initiative, which was in place from April 1-30, permitted residency violators to leave the country without paying any fines

Sheikh Mohammed

Sheikh Mohammed commissions post-Covid-19 UAE development strategy

He also ordered an emergency plan to be formulated to increase the productivity and competitiveness of the country’s medical sector

UAE The Higher Committee of Human Fraternity

UAE committee calls for day of prayer on May 14 to end Covid-19 pandemic

It called on people to ask God to inspire scientists to find a cure and to save the world from the health and economic repercussions of the pandemic

UAE-DUBAI-HEALTH-VIRUS

Covid-19 GCC update: UAE reports 564 cases; Saudi registers 1,552 infections

The Covid-19-induced death toll in the UAE and Saudi Arabia has risen to 126 and 184 respectively

Emirates Loto

Three participants share Dhs1m prize in UAE’s Emirates Loto; jackpot raised to Dhs50m

The winning combination of numbers were 6, 17, 20, 27, 32 and 39

Wizz Air to begin low-cost flights to Europe from Abu Dhabi this year

It added that these flights are subject to aviation activities being resumed in the respective countries

Abu Dhabi National Insurance Company

Abu Dhabi National Insurance Company reports Q1 net profit of Dhs122.6m, up 133% y-o-y

Its gross premiums increased to Dhs1.87bn, up 7.7 per cent over the corresponding quarter from last year

Rainfall expected in parts of UAE, temperatures to stay low

UAE weather update: Rainfall hits parts of the country

The UAE recorded its lowest temperature of 20.8°C in Jabal Jais at 4.15am today

Robot technology deployed to disinfect Abu Dhabi airport, screen passengers

The robot will be deployed throughout Abu Dhabi International Airport including staff areas and cargo facilities as well as cabins on passenger aircraft

gavel

Covid-19: Should the principle of force majeure be applied in the current crisis?

A recent ruling in a French court qualified the Covid-19 pandemic as a force majeure event

Saudi Arabia wealth fund builds team to hunt for global bargains

The PIF is looking into “any opportunity” arising from the economic wreckage of the crisis

Message from the top: Reem Al Shihhe, COO, DIFC Courts

As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis

saudi arabia riyadh

Saudi bank earmarks $2.4bn to help small businesses

The funds will be used to support 6,000 businesses in their financing needs

Saudi finance minister says country looking at ‘painful’ measures, deep spending cuts

He added that state oil revenue has decreased by more than half, and non-oil revenue will decrease as well

Kuwait’s Jazeera Airways slashes workforce to cut costs on virus

The company has about $100m in cash reserves and isn’t currently talking to banks about financing or seeking government aid

Finablr uncovers $1bn in hidden debt as UAE’s NMC Health scandal widens

The London-listed company, Finablr, had a market value of GBP77m when it was halted from trading in March, down from a peak of GBP1.5bn in December

UAE reports 561 new Covid-19 cases, 121 recoveries as testing intensifies

The new cases were detected following over 36,266 tests conducted to screen for the virus

Message from the top: Hamad Buamim, president and CEO, Dubai Chamber of Commerce & Industry

As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis

social media

What’s trending socially in the GCC

Here’s an overview and analysis of the latest social media news and trends in the GCC

Abu Dhabi Stem Cell Center

UAE reports 557 new Covid-19 cases; Abu Dhabi Stem Cells Center receives patent for breakthrough treatment

All the 73 patients who underwent the stem cells treatment have now recovered from the virus

UAE fuel delivery service Cafu registers around 40% increase in orders as lockdown eases

The increase has been attributed to a behavioural change among users, with an increasing number of customers opting for contactless service options

Emirates to organise special repatriation flights in May from Dubai to five countries

The one-way special flights will allow outbound travel of residents and visitors in the UAE wishing to return to their home countries

GCC Covid-19 update: Saudi registers 1,351 infections; UAE reports 552 cases

The death toll in the UAE and Saudi Arabia has risen to 105 and 162 respectively