New energy drink made in Dubai aims to compete with Red Bull, go global

Dubai Energy Drink, set to launch across the UAE, includes a sugar-free version which is made with stevia

Dubai Police intercepted 1,560kg of narcotics in 2019

It led to the arrest of 3,128 suspects

UAE weather update: Fog expected to cover parts of the country

The UAE recorded its lowest temperature of 9.2°C in Al Ruwais at 5am for the day

Dubai’s non-oil foreign trade rises 6 per cent to Dhs1.37 trillion in 2019

China was Dubai’s largest trading partner, followed by India, US, Switzerland and Saudi Arabia

Saudi suspends entry of GCC citizens to Makkah and Madinah over coronavirus fears

GCC citizens who have been in the kingdom for 14 consecutive days and have not shown symptoms of coronavirus are exempt from the ban

Abu Dhabi wealth fund weighs deal in Shetty’s troubled NMC

Mubadala is keen to expand into health care as part of Abu Dhabi’s efforts to diversify its economy

Abu Dhabi denies coronavirus case in residential compound

The ministry also urged the public not to wear N-95 facial mask as it may cause stress on the respiratory system

Coronavirus update: Number of cases in the UAE total 21, nurseries to be closed from March 1

All internal and external school activities and trips have been cancelled

Revealed: Arab leaders for change

The list features prominent Arab business veterans and personalities from across industries who are making an impact

UAE temporarily bans use of ID cards for airport immigration clearance

The UAE has also suspended ferry services with Iran until further notice

UAE reports new cases of coronavirus, UAE Tour cancelled after two technical staff test positive

Two more coronavirus patients in the UAE have fully recovered, the health ministry confirmed

Emirates says travellers from over 20 countries will not be allowed to fly to Saudi

All those with Umrah visas will also not be permitted to travel to the kingdom

NMC Healthcare

Clermont Group increases share stake in UAE’s NMC Health

Clermont now owns 6.64 million NMC Health shares, or 3.18 per cent of the company

UAE cuts petrol prices for March as crude oil prices drop on coronavirus fears

Oil has fallen more than 20 per cent this year

Kuwait’s coronavirus cases surge 65%

Schools and universities across the country have been suspended for two weeks beginning March 1 on virus fears

Boeing dangles funds for Max simulator time ahead of return

Boeing has repeatedly missed targets for re-certifying the Max, grounded since March after two fatal crashes

Dubai’s RTA, UK-based BeemCar partner to develop skypods

The Dubai Self-Driving Transport Strategy aims at diverting 25 per cent of total mobility journeys in the emirate to autonomous transit means by 2030

UAE national banks invested Dhs10.4bn in January

Emirati banks received approximately 89.8 per cent of the total investments

UAE weather update: Strong winds, dust storm expected across the country

The NCM has also cautioned the public of rough to very rough sea conditions

Saudi’s KBW Ventures invests in US cell-based seafood startup BlueNalu

BlueNau is the fourth cellular agriculture startup that KBW Ventures has invested in

UAE’s NMC dismisses CEO amid probe

CEO Prasanth Manghat will be succeeded on an interim basis by current chief operating officer Michael Davis

Aramco starts early preparations for an overseas listing

The oil giant is in discussions with Wall Street banks to draw up scenarios for a second listing overseas

Saudi Arabia suspends all Umrah visits

Saudi also suspends the use of national identity cards for its citizens and GCC nationals for travel to and from the kingdom

finablr bayanpay

Finablr’s BayanPay secures Saudi Arabia licence

Vision 2030 aims to increase non-cash payments to 70 per cent of all payments by 2030

UAE prepared for ‘worst case’ coronavirus scenario

The Gulf nation is well-equipped with quarantine and surveillance facilities to manage the outbreak

difc court

Claims worth Dhs3.1bn filed in Dubai’s DIFC Courts in 2019

The number of enforcement cases also rose 35 per cent to 251 with a total claim amount of Dhs2.6bn

Dubai’s RTA launches real-time bus updates on Google Maps

Dubai will be the first city in the Middle East to use open data in public transport

nasdaq dubai

Saudi Arabia’s Dar Al-Arkan lists $400m sukuk on Nasdaq Dubai

It raises Dar Al-Arkan’s total sukuk value listed on Nasdaq Dubai to $2bn

DHA

Dubai’s DHA completes first successful live organ transplant

The authority added that it was now considering setting up an organ transplant centre in the emirate

UAE banks invested Dhs141bn in Q4 2019 across the GCC

Saudi Arabia accounted for 54 per cent of the UAE’s total banking investment