UAE telco Etisalat acquires cyber security firm Help AG

The acquisition will integrate the strengths of both firms to create a robust cyber security unit that would, in turn, bolster Etisalat Digital’s portfolio of digital security services

RTA, Careem launch bike rental service in Dubai

Careem will operate 1,750 bicycles and install 175 stations during the first two years, later increasing them to a total of 3,500 bicycles and 350 stations over the next five years

UAE issues advisory after coronavirus outbreak in South Korea

South Korea confirmed there have been four deaths among coronavirus patients, with the total number of cases reaching 556

New entertainment venue Madar set to open in Sharjah mega development Aljada

Madar includes a cluster of attractions including a children’s adventure area and a food zone

Abu Dhabi announces rules to regulate holiday home market

Holiday home owners in the emirate will now have to pay a tourism fee amounting to 6 per cent of the guest’s bill

Dubai Economy issues 4,692 instant licences to date

The instant licence service enables businessmen to obtain a commercial license within five minutes

UAE confirms new coronavirus cases, Saudi suspends travel to Iran

The UAE has so far reported a total of 13 cases of the virus, with three having fully recovered

Saudi Arabia to invest $110bn in Jafurah gas field

Jafurah will likely produce about 130,000 barrels a day of ethane, close to 40 per cent of the kingdom’s current production and around 500,000 barrels a day of gas liquids and condensates, representing about 34 per cent of the output

Revealed: Top 5 most powerful Arabs in Kuwait

The highest ranked Arabs originating from Kuwait in Gulf Business’ annual Arab power list

Explainer: How is the GCC’s ride-sharing industry evolving?

Global ride-sharing app Uber is looking to expand its presence in the region, says Tino Abdellatif Waked, general manager at Uber MENA

Video: UAE President Sheikh Khalifa tours Abu Dhabi’s Ghanadha reserve

Sheikh Khalifa reviewed the development being carried out at the reserve

Dubai Economy partners with local banks to form KYC platform

The ‘KYC Blockchain Consortium’ will facilitate faster and more secure exchange of digital customer data and documents through the blockchain technology

‘The US is sparing no effort in smearing Huawei’ – Middle East President Charles Yang

Huawei has signed 77 5G contracts globally, of which 12 are in the Middle East

GCC health ministers convene to discuss measures against coronavirus

The GCC Communicable Diseases Committee also held an emergency meeting on January 29 to explore cooperation mechanisms

Revealed: Top 5 most powerful Arabs in Saudi Arabia

The highest ranked Arabs originating from Saudi Arabia in Gulf Business’ annual Arab power list

Video: Dubai Police solve Dhs20m jewellery heist in 48 hours

Police urged residents to secure their valuables to avoid thefts

Saudi gets ready to welcome world leaders at G20 meeting

On Saturday, finance ministers and central bankers will descend on Riyadh for the G20’s first cabinet-level meeting

Dubai boat show 2020 to be held at new Dubai Harbour marina

The five-day show will see 28 regional and global launches across a fleet of more than 450 boats and watercrafts

Revealed: Areas offering the highest rental yields in Dubai

The average gross rental yield in Dubai stands at 7 per cent, finds report

UAE-based billionaire BR Shetty had it all. Then Carson Block came along

Muddy Waters’s scrutiny into NMC has snowballed into a troubling scenario for Shetty that sheds light on his complex share arrangements

UAE telco Etisalat posts 1% profit rise in 2019

Its consolidated revenues in 2019 reached Dhs52.2bn, slightly lower than Dhs52.38bn in 2018

Dubai’s Ruler witnesses completion of UAE’s Hope Probe, set to launch to Mars this year

The final component of the probe was installed on Tuesday

India’s Reliance, Saudi Aramco accelerate refinery stake sale talks

In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake

Dubai’s W Motors, maker of $3.4m supercar, seeks funds to go electric

W Motors has hired investment bank Guggenheim Partners to help raise as much as $100m

Abu Dhabi’s ADNOC awards Dhs6bn contracts for Dalma Gas project

Both contracts are expected to be completed in 2022

Bulgaria seeks extradition of fugitive detained in UAE

Vasil Bozhkov was charged last month in absentia with leading an organised crime group

Revealed: Top 5 most powerful Arabs in the UAE

The highest ranking entries originating from the UAE in Gulf Business’ annual Arab power list 2020

Etihad

Etihad to operate daily flights from Al Ain to Jeddah during Ramadan

The airline will operate the flights from May 14 – 23, to meet increased demand during the busy religious travel period

Emirates reopens resort in Australia after bushfires led to its temporary closure

The One&Only Wolgan Valley resort in Australia reopened in early February

Dubai’s Eat App raises $5m Series B round

Eat App’s restaurant reservation platform currently supports over 1000 restaurants, hospitality groups and hotels, and has processed over 10 million diners to date