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Abu Dhabi

ADNOC reportedly eyeing acquisition of offshore oil services firm

Zakher Marine International is working with Bank of America as it weighs its strategic options, including a sale

Banks erase debt worth Dhs869.85m of 1,607 Emiratis

The move was implemented as per the directives of the UAE President Sheikh Khalifa bin Zayed Al Nahyan

Abu Dhabi’s AI university appoints academic Eric Xing as president

Professor Dr. Xing has been a visiting associate professor at Stanford University, and a visiting research professor at Facebook

Etihad Beijing Abu Dhabi

Etihad to begin direct weekly flights from Beijing to Abu Dhabi

Etihad will become the only airline in the MENA region to operate non-stop passenger flights departing from both Shanghai and Beijing

Free parking in Dubai, Abu Dhabi, Sharjah to mark 49th National Day

Motorists in the three emirates can park their vehicles for free during the three-day holiday period

Tee time: How has golf secured a spot in the UAE’s sport scene?

The country has transitioned into one of the most popular golf destinations in the world

Abu Dhabi

Sheikh Mohamed bin Zayed disburses Dhs7bn housing loans for Emiratis in Abu Dhabi

According to the latest directive, retired low-income citizens will be exempted from repaying the loans

Abu Dhabi launches new Emirati Cuisine Programme

The programme aims to increase the number of local dishes offered at top hotels in Abu Dhabi via incentives, training courses, and promotions

GCC leads MENA in fintech maturity: report

Abu Dhabi, Bahrain, Dubai and Riyadh named MENA’s top fintech ecosystems by Startup Genome

Tadweer Abu Dhabi

Tadweer opens organic waste composting unit in Abu Dhabi

It can divert organic waste away from landfills and also guarantee self-production of fertilizer for the local agriculture sector

Abu Dhabi Hope Consortium

Abu Dhabi’s Hope Consortium to facilitate worldwide distribution of Covid-19 vaccine

The consortium will be able to handle the logistics for over six billion doses of the vaccines manufactured around the world – whether in single or multi doses – in cold and ultra-cold conditions in 2021

Dubai’s Al Ghurair Group partners with SirajPower for solar power projects

SirajPower to install a 1.8 MWp solar rooftop plant at Gulf Extrusions factory

Abu Dhabi to expand media hub in effort to diversify economy

Twofour54, named after Abu Dhabi’s geographical coordinates, was set up in 2008

Abu Dhabi scraps Covid-19 entry test for vaccine volunteers

Those vaccinated and travelling from abroad must take a PCR test but need not quarantine upon entry to the emirate

Abu Dhabi’s Etihad trials facial biometric check-in for cabin crew

The trial will continue until February 2021

Gulf Business Awards

Revealed: Gulf Business Awards 2020 shortlists

The Gulf Business Awards 2020 will take place virtually on Thursday, November 26, at 3pm

Abu Dhabi confirms massive oil discovery, set to add Dhs160bn to the UAE’s economy

The Supreme Petroleum Council gave approvals for ADNOC to award exploration blocks in Abu Dhabi’s second competitive block bid round

Aldar Properties’ Noya project sold within four hours of launch

The sale generated over Dhs1bn

DIFC Dubai

Israel’s Bank Hapoalim signs agreement with DIFC, AGDM

The agreement enables Bank Hapoalim to access banking and innovation opportunities in the Middle East, Africa and South Asia through the DIFC platform

Tony Douglas, Etihad Aviation Group GCEO and Gonen Usishkin, EL AL Airlines CEO sign MOU agreement LR

Abu Dhabi’s Etihad and El Al Israel sign MoU to cooperate on codeshare and loyalty programme

The teams at Etihad Guest and El Al Matmid loyalty programmes will explore reciprocal “earn and burn” opportunities for its members

Government employees in Abu Dhabi to receive full housing allowance

Citizens and residents living in Abu Dhabi are entitled to full housing allowance and rent stipend in line with their job grade

Abu Dhabi Israel

Abu Dhabi Global Market signs fintech agreement with Israel Securities Authority

The agreement provides a framework for information sharing, and will facilitate the movement of startups and transfer of knowledge and talent

LEXUS

Lexus UAE partners with Facebook for new online showroom experience

Customers can extensively browse through the Lexus range on their Facebook mobile app

Real Estate

Revealed: The most transparent real estate markets in the MENA region

Dubai and Abu Dhabi have been ranked as having the most transparent property markets in the region according to JLL’s latest index

Etihad A380

Etihad grounds entire A380 fleet; will commence Abu Dhabi-Tel Aviv daily flights from March 2021

The airline will launch a daily flight connecting Abu Dhabi to Tel Aviv from March 28, 2021

Abu Dhabi allows residents, non-residents to obtain freelancer licences

The freelancer licences will allow the applicants to practice around 48 economic activities

Merits and demerits of short- and long-term rentals in UAE

Both short-term and long-term options are essential for a healthy property market

UAE non-oil trade

UAE non-oil trade reaches Dhs658.3bn in H1 2020

The five biggest trading partners of the UAE were China, Saudi Arabia, India, the US and Switzerland

Abu Dhabi looks to desert and space farming to boost food supply

The Abu Dhabi Investment Office will spend about $41m with other companies to develop technologies for producing food in arid conditions

Abu-Dhabi

UAE to establish new court to combat money laundering and tax crimes

The Abu Dhabi Judicial Department will organise training courses for judges and prosecutors specialising in money laundering and tax evasion