Large gatherings continue to be banned, and those not vaccinated will have restricted entry in certain areas
Business setup and licence renewal fees have been reduced to Dhs1,000
All commercial activities and the movement of individuals and vehicles are banned during the Eid Al Adha holidays
The sovereign credit rating was cut one level to A+ from AA-
Authorities have recommended avoiding social gatherings, and urged people to meet their families and friends virtually
The ratings agency expects the Saudi budget deficit to narrow to 3.3 per cent of GDP this year
The kingdom will adopt the green alert level from July 16 to July 18
Only citizens and residents of Bahrain are permitted to enter from the red list countries
The platform enables private companies based in Abu Dhabi to file complaints and address grievances regarding outstanding dues
New infrastructure projects worth Dhs1.95bn have been launched in the UAE
The UAE has announced plans to offer 100,000 golden visas to coders – based both locally and internationally
Sultan Haitham will meet with King Salman during his two-day visit on Sunday and Monday
Sheikh Mohammed said the programme aims to train and attract 100,000 coders and establish 1,000 digital companies within five years
The decision was made to “decrease the burden of living costs on citizens and residents”
Dubai’s US-dollar denominated debt listings are now valued at $98.5bn
The UAE will also host a new Investopia Investment Summit in March 2022
A person will need to show their vaccination status on the My Identity or Immunity mobile application
The UAE is seeking to grow its national exports by 50 per cent over the coming years
Starting September 2021, the Investment Residency Programme will offer renewable five and ten-year visas subject to applicants meeting specific criteria
In 2020, the apparel and footwear category had the highest share of 33 per cent ($1.3bn) in the UAE retail e-commerce market
The 10-year note, under the Euro Medium Term Note Programme, reached maturity on June 22, 2021
Bitcoin has roughly halved from a record of $65,000 in mid-April
CBD will offer business loans to Network’s retail and ecommerce clients against their Point of Sale machines or payment gateway proceeds
The total value of all sukuk listed by the Indonesian government on the exchange now stands at $19.75bn
In the first quarter, Saudi Arabia’s non-oil economy grew at its fastest pace since 2019
China remained Dubai’s largest trading partner in Q1 2021, with Dhs44bn worth of trade
This was the second USD transaction issued under EDB’s $3bn Euro Medium Term Note programme
Emirates NBD the largest financial services bond issuer on Nasdaq Dubai through seven listings with a total value of $5.1bn
The exchange’s market capitalisation increased 27 per cent during the first quarter of 2021 to Dhs940bn
CBD can offer up to Dhs10m financing to an SME, and 50 per cent of the facility amount will be either guaranteed or co-lent by EDB