#Indonesia

UAE Indonesia

UAE to invest $10bn in Indonesia’s sovereign wealth fund

The investments will focus on strategic sectors in Indonesia, including infrastructure, roads, ports, tourism and agriculture, among others

Ooredoo eyes 30% of Indonesian market after Hutch deal completes

Ooredoo is also considering expanding its digital payments and sales segments

Dubai’s World Logistics Passport initiative expands network

India, Indonesia, Thailand, Brazil, Colombia, South Africa and others have joined the initiative in the past 12 months

DP World

Dubai’s DP World inks $1.2bn agreement to build port and logistics park in Indonesia’s Gresik

DP World Maspion East Java will become the sole operator of the container port with a design capacity of up to three million twenty-foot equivalent units

Dubai Customs

Dubai trade with Indonesia reaches Dhs5.4bn in 2020

It included Dhs4.42bn of imports, Dhs600m of exports, and Dhs380m of re-exports

Rescue teams resume search for missing plane in Indonesia

A joint search and rescue team will comb an area of 96 nautical square miles, as well as a 16 nautical square-mile area under the water

UAE lender FAB opens Jakarta office to facilitate regional trade

FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE, the wider GCC region, Egypt and Asia

Kuwait Airways

Kuwait issues guidelines to permit entry of people from banned countries

Last week, the cabinet agreed to resume flights from Kuwait International Airport in three phases

Indonesia lists three sukuk valued at $2.5bn on Nasdaq Dubai

The listings consist of a 10-year issuance of $1bn and two issuances of $750m each

Indonesia pulls out of Hajj this year on virus concerns

More than 220,000 people from the country were expected to participate in this year’s Hajj

In pics: Eid Al Fitr celebrations across the world

Across the world, governments have urged people to pray at home or follow strict social distancing measures due to Covid-19

Top 10 nations where people spend most time on social media

The UAE ranks among the top 10 countries worldwide