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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

UAE’s Mulk Healthcare launches Middle East’s first digital hospital

The e-hospital offers end-to-end services from booking appointments, seeking consultations, securing health insurance approvals, diagnosis, prescription and medication

Iran missile that downed Ukraine jet fired ‘without permission’

Iran has sent the aircraft’s black boxes to France for analysis after months of delay

JAPAN-AUTOMOBILE-NISSAN

Nissan Middle East reports 0.5% growth in domestic sales for FY 2019

It will introduce eight new models to the region over the next two years

Saudi coalition forces destroy 8 ‘bomb-laden’ drones, 3 missiles launched from Yemen

The attacks were targeting “civilians in the kingdom” officials said

UK-based Arena Group merges UK, Europe, Middle East and Asia divisions

The company said the move will allow for “maximum utilisation of resources” across the EMEA region

OPEC says virus to keep fuel demand under pressure this year

The slow resumption of flights will constrain jet-fuel consumption, and high unemployment will restrict gasoline use

Do regional corporate boardrooms have enough women representation?

More women in boardrooms and senior leadership roles can lead to better financial performance, enhanced client insights, and improved board effectiveness

L’Oréal Middle East launches programme to support UAE’s Covid-19 relief efforts

More than 84,000 essential and personal care products worth Dhs4m have been donated to NGOs and hospitals

Goldman banker moving from Dubai to London in latest change to Mideast lineup

Fabrice Francois will join Goldman’s mid-market advisory franchise, known as the cross markets group

Hyundai to donate medical equipment worth $2.4m to countries in MEA

Over 603,000 items including face masks, hand sanitisers, protective equipment and 43 ambulances will be donated to 37 countries

Missiles in 2019 Saudi oil attacks came from Iran, UN says

Missiles and a swarm of drones set off fires at the crude processing plant in Afif in May 2019, causing extensive damage and causing a spike in global oil prices

Emirates announces four repatriation flights to Cairo from Dubai

The flights will depart from Dubai to Cairo on June 14, 18, 19 and 21

Four MENA IPO deals raise $814.2m in Q1 2020

Globally, 235 IPOs raised $28.5bn in Q1 2020, compared to $15.1bn in Q1 2019

Deutsche Bank’s head of EMEA to exit the company

Ashok Aram, who also heads the firm’s international private and commercial bank operations, is departing for personal reasons

Uber’s Middle East unit Careem sees recovery after 80% slump

According to the CEO, Careem has ruled out further job cuts after reducing staff by 31 per cent in May

Revealed: Top 10 companies in the Middle East in 2020

In this year’s Forbes list of the Middle East’s Top 100 Companies 2020, Saudi Arabia led the pack with 33 entries

Worst may be over for biggest Arab economies as businesses adapt

Following a pandemic-driven plunge, non-oil private sector activity improved in Saudi Arabia, Egypt and the United Arab Emirates