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First Abu Dhabi Bank

First Abu Dhabi Bank to start talks with Israeli lenders

The decision follows the signing of a memorandum of understanding between the UAE central bank and the Israeli Prime Minister’s Office

TOPSHOT-LEBANON-BLAST

Beirut blast caused up to $4.6bn in physical damage: World Bank

More than 180 people were killed and thousands injured when a vast consignment of explosive material detonated at Beirut’s port on August 4

Israel sees $6.5bn in trade as UAE peace talks kick off

On August 13, the countries announced their plan to normalise ties, a first between Israel and a Gulf Arab nation

Top Dubai, Israeli banks seek to cooperate after peace deal

Discussions between Bank Leumi and Emirates NBD Bank are at an early stage and no final decisions have been made

Israel’s flagship carrier El Al set for unprecedented UAE flight

An Etihad Airways cargo plane from Abu Dhabi made the first known commercial flight between the countries in May with a humanitarian shipment for the Palestinians

Lebanon inflation soars past 100% in latest sign of meltdown

Inflation in July reached 11.42 per cent from the previous month

Saudis keep pressure on OPEC cheats before ministerial talks

Riyadh’s struggle to enforce compliance has been a long-running issue

TOPSHOT-LEBANON-BLAST

Beirut blast probe opens with arrest order for port customs head

Authorities say that some 2,750 tons of ammonium nitrate exploded in the port

Saudi intercepts another missile attack from Yemen targeting ‘civilian targets’

The missile was launched towards the kingdom’s southern region on Sunday

UAE summons Iranian envoy over denunciation of Israel deal

Tehran termed the pact as a strategic mistake

How digitisation will help the oil and gas industry

Deploying technological tools will help regional oil and gas operators improve worker health and safety and innovate to find new solutions

LEBANON-BLAST

UN sends Lebanon 50,000 tons of wheat to avert food crisis

The first batch of 17,500 tons will arrive in 10 days

TOPSHOT-LEBANON-BLAST

Lebanon premier quits with attack on elite as blast anger builds

Several ministers had already quit in the aftermath of the disaster

LEBANON-BLAST

Global powers pledge $298m to Lebanon after blast

Outrage over the August 4 explosion is running high in Lebanon, with protesters taking to the streets to demand regime change

Abdulla Al Ghurair Foundation for Education expands support for Jordanian youth

Crown Prince Foundation will oversee Young Thinkers Programme activities in Jordan for three years

TOPSHOT-LEBANON-BLAST

World leaders to hold Lebanon aid conference on Sunday

Several allies of Lebanon have offered support since Tuesday’s explosions in the port of Beirut that left over 150 people dead

GCC states, World Bank say ready to support Lebanon after blast

Offers for help flow from all over the world, GCC countries lead response

LEBANON-BLAST

Beirut explosion destroys tonnes of Lebanon’s food stocks

Most other food at the port, which handles 60 per cent of Lebanon’s imports, was also ruined

TOPSHOT-LEBANON-BLAST

Desperate search for Beirut port blast survivors with 100 dead

The explosion took place during the first of a two-day grace period before the government reinforces a full lockdown with a curfew to contain the epidemic

Beirut blasts Lebanon

Dubai’s Sheikh Mohammed condoles Lebanon blast victims; Burj Khalifa lights up in solidarity

The casualty toll continued to climb through the night with several dozen confirmed dead and thousands more injured

Abdulla Al Ghurair foundation awards full master’s degree scholarships to 86 Arab youth

Candidates will benefit from full scholarships to pursue their master’s degrees at Arizona State University

Developer Emaar inaugurates Address Marassi Golf Resort in Egypt

The resort is located in the Sidi Abdelrahman bay

How should the regional telecom industry navigate the Covid-19 reality

Telecommunication companies are an essential part of the overall pandemic solution, and all should reaffirm their unique position to help people during this crisis

Saudi Arabia’s King Salman bin Abdulaziz Al Saud

Saudi Arabia’s King Salman admitted to hospital

He will undergo medical tests due to cholecystitis – an inflammation of the gallbladder

Aramco joins Exxon, BP, Shell in starting to curb own emissions

Members of the Oil & Gas Climate Initiative pledged to reduce the carbon intensity of their operations to between 20 and 21 kilograms of carbon dioxide per barrel of crude equivalent by 2025

SAP logo

SAP trains 43,100 MENA youth to code

More than 900 bootcamp graduates have gained employment through the project

Google launches AI-powered tool to decode Egyptian hieroglyphs

Fabricius will expedite the process of collating, cataloguing and understanding ancient hieroglyphs

Saudis meet some oil buyers’ requests ahead of OPEC+ panel

Producers as well as their allies have slashed exports as OPEC+ embarked on its biggest-ever joint oil production cuts amid reduced demand

Turki Al Malki, Saudi coalition

Saudi forces destroy two missiles, six ‘bomb-laden’ drones launched from Yemen

The attacks were launched by the Houthis in Yemen “to deliberately target civilians in the kingdom”

Private Aviation

How the private aviation sector in the Middle East is responding to the Covid-19 crisis

Pre-pandemic estimates suggested that there are approximately 800 private jets registered in the Middle East and North Africa (MENA) region