Emaar chief, Mohamed Alabbar, to chair new UAE digital bank

Zand aims to make banking quicker and simpler, via its digital offerings

UAE’s Mubadala may join $12bn Aramco oil pipelines deal

Mubadala is in talks with US investor EIG Global Energy Partners, the lead member of the consortium

Dubai Chamber

Dubai Chamber members’ exports reach Dhs54.8bn in Q1 2021, up 6% y-on-y

Over 6,000 new member companies joined Dubai Chamber in the first three months of 2021

Dubai restaurants do not require to screen off dining areas during Ramadan fasting hours

Restaurants also do not require to obtain a permit to serve food during the Ramadan fasting hours

Dubai’s Emaar appoints new board, approves dividend plan

Emaar Properties reported a 57.8 per cent drop in net profit for 2020

Easa Saleh Al Gurg tenants in UAE can pay rent through direct debit

ESAG partners with National Bank of Fujairah to offer digital payment system

Sheikh Mohammed launches initiative to provide 100 million meals across 20 countries

The campaign will provide food support to the vulnerable in the Middle East, Africa and Asia

Covid-19 update: UAE reports 1,810 cases, 2 deaths

The death toll in the UAE has risen to 1,531

How banks can leverage technology to explore the digital economy

JMR Infotech’s innovation adds value to the digital transformation journey of banks and financial institutions in the Middle East and Africa region

Boeing faces checks on hundreds of Max jets for electrical flaw

About 450 Max planes built since early 2019 could potentially require repairs

Head of UAE’s Lulu Group safe after chopper crash lands in India

No major injuries were reported

Four reasons why regional manufacturers must adopt AI

Automation and AI is helping drive a manufacturing resurgence in many regions, according to Microsoft

ACWA Power inaugurates kingdom’s first renewable energy project

The project was awarded to an ACWA Power led consortium

Dubai foreign trade

Dubai’s non-oil external trade reached Dhs1.182 trillion in 2020

China remained Dubai’s largest trading partner with Dhs142bn worth of exchanges in 2020

Mubadala discusses GlobalFoundries IPO at $20bn value

Technology companies have already raised $20bn in US IPOs this year

UAE astronaut programme

UAE selects first female Arab astronaut

Nora AlMatrooshi and Mohammed Al Mulla are the two latest recruits of the UAE Astronaut Programme

Aramco selling $12.4bn stake in pipeline rights unit

The deal is part of Saudi Arabia’s drive to open up to foreign investment and use the money to diversify its economy

UAE names Jassem Al Zaabi as central bank vice chairman

The new position follows the appointment of Khaled Mohammed Al Tameemi as central bank governor

In one year a billion tons of food got wasted — mostly at home

Food waste and loss are responsible for as much as 10 per cent of global emissions

Four steps on how regional governments can elevate economic competitiveness

Government support is most effective when it is invested at a sector or industry level, creating enabling environments with well-designed regulations

The UAE likely to attract the most investment in MENA: Kearney

Kearney’s 2021 FDI Confidence Index ranks the UAE 15th globally

Asus announces availability of latest ZenBook laptop in UAE

The ZenBook 13 OLED is an ultra-light laptop built for work and leisure

Dubai’s Emirates extends ticket validity, travel insurance for customers

The travel insurance for all passengers has been indefinitely extended beyond March 31, 2021

Covid-19 update: UAE reports 2,112 cases, 3 deaths

The UAE has, so far, reported a total of 478,131 infections

Oman is said to study strategic options for state energy firm OQ

OQ is an integrated energy company with oil and gas exploration and production operations, refineries, a retail network and a large petrochemical business

Saudi Arabia Alula

Saudi Crown Prince launches master development plan for AlUla

It will be implemented in three phases until 2035, with the first phase set to be completed by 2023

Saudi bourse restructures itself with eye on IPO in second half

The newly created Saudi Tadawul Group will have four subsidiaries

Dubai: Non-vaccinated staff at private education institutes must take weekly PCR tests

Employees who are eligible yet choose not to be vaccinated against the Covid-19 infection must take a PCR test every seven days

Dubai’s external trade with South Africa grows 17% to Dhs15.71bn in 2020

Agricultural and food products were the main commodities in Dubai’s trade with South Africa

Ramadan 2021: Dubai announces guidelines for praying in mosques

Maximum duration of Isha and Taraweeh prayers in mosques is capped at 30 minutes