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UAE exchanges, financial centres partner with Aurora50 to drive gender diversity

Aurora50 is initiating the discussion around board-level gender diversity with a virtual event

Adeeb Ahamed New

LuLu Financial Holdings’ MD Adeeb Ahamed on the Covid crisis, remittances and plans ahead

UAE-based LuLu Exchange contributes to nearly 1.7 per cent of the global remittance inflows, reveals Ahamed

Dubai number plate auction

Video: Prized number plate, V 12, auctioned for Dhs7m in Dubai

Dubai’s RTA generated a total of Dhs36.224m during its first open auction of number plates this year

Abu Dhabi Judicial Department launches automated disbursement process

The electronic process was made possible by linking the ADJD systems with the servers of Abu Dhabi Islamic Bank

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed reiterates UAE’s drive to enhance food and water security

He has instructed the relevant departments to monitor the national reserves, invest in food technologies and forge international partnerships too

Covid-19 testing UAE 3

UAE announces 390 new Covid-19 cases, officials warn of restrictions if ‘second wave’ hits

Senior official says restrictions could be imposed in specific areas where an outbreak is detected

Dubai airport

Tourists flying to Dubai do not need GDRFA/ICA approvals – Air India Express

Dubai reopened to tourists last month

Revealed: Answers to all Dubai visa related queries

Holders of expired residency visas should renew them before exiting the country if they wish to return

UAE denies reports that it has signed an agreement with Israel on security

Reports claimed contacts had been established at the ministerial level between the two countries to conclude a security agreement

Covid-19 testing UAE 7

UAE reports 424 new Covid-19 cases, says 20-40 age group ‘most affected’

The death toll in the country due to Covid-19 has risen to 372

Dubai’s Emirates nears deal on Boeing 777X, 787 deliveries

Emirates was supposed to take delivery of three A380s in June, but the carrier agreed with Airbus to delay these until later this year

Dubai Financial Services Authority

Technology, operational resilience critical to the future of financial services

A stable financial sector is key to sustainable growth

Why setting up a business in UAE is worth it

Setting up a business may be cumbersome but it is highly rewarding too

How will economies trace their recovery pathways in the wake of Covid-19?

Recovering from the ‘great compression’ caused by Covid-19 is going to be a slow and uncertain process, led by epidemiological factors

Dubai announces free parking for Hijri New Year

Tariffs will resume on Monday, August 24

Vox Cinemas in UAE reveals movie lineup for rest of the year

The cinema industry is looking to rebuild itself after the Covid-19 shutdowns

Dubai’s Emirates to operate special flights to five cities in India

The Indian cities to and from which the airline will operate these flights include: Bengaluru, Kochi, Delhi, Mumbai, and Thiruvananthapuram

Dubai’s Emirates to serve 100% of network destinations by summer 2021 – COO

The airline has been gradually restoring its network connectivity, which will broaden to 75 cities in September

Market cap of UAE-listed companies crosses Dhs1 trillion mark

On August 19, the listed public joint stock companies booked Dhs11.7bn in gains

DP World

Dubai-based DP World acquires feeder operators for greater reach into Indian subcontinent

Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators

NMC administrators say they’re near bottom of hidden debt pit

NMC had a market value of $10bn at its peak on the London Stock Exchange before allegations of fraud pushed it into administration

G42 Healthcare, NanoScent to collaborate on solution to detect Covid-19 within one minute

The Scent Check solution is capable of detecting suspected cases of Covid-19 from a sample of exhaled nasal air

Sheikh-Mohammed Dubai

Sheikh Mohammed outlines new law for family-owned businesses in Dubai

The validity of a family ownership contract can extend up to 15 years, after which it must be renewed

Abu-Dhabi-Police

Abu Dhabi residents can use credit cards to pay traffic fines in interest-free installments

Five banks have partnered on this initiative which include First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Mashreq Al Islami, Abu Dhabi Islamic Bank and Emirates Islamic Bank

GCC Covid-19 update: UAE reports 435 cases; 188 infections confirmed in Oman

The death toll in the UAE stands at 367

Sharjah

Free parking declared in Abu Dhabi and Sharjah for Hijri New Year 2020

The Sharjah City Municipality said that paid parking will apply to certain areas within the emirate

Cash flow key challenge in recovery of UAE-based small and medium businesses – survey

Facebook announces grant of USD 544,609 to support Dubai small businesses in their economic recovery following the pandemic

Barakah Nuclear Power UAE

UAE’s Barakah nuclear power plant connects to the national grid

The four units at Barakah will generate up to 25 per cent of the UAE’s electricity demand

Hala Ras Al Khaimah

Careem launches Hala taxi service in Ras Al Khaimah

There are 500 Hala taxis deployed across the emirate

Saudi Arabia avoids reference to UAE normalisation with Israel

Saudi Arabia’s media has been more unfettered in its praise of the UAE’s decision