#News

Oman

Oman plans to levy income tax on wealthy individuals starting 2022

The International Monetary Fund sees Oman’s economy shrinking 10 per cent this year

Covid-19

Covid-19: UAE reports 1,234 cases, 1,516 recoveries

The total number of cases detected thus far in the UAE stands at 135,141

Saeed Hamad Obaid Al Dhaheri

Abu Dhabi Securities Exchange appoints new CEO

He was formerly appointed as CEO of Abu Dhabi National Energy (TAQA)

Ajman

Weddings and social events permitted to resume in Ajman

Effective November 1, these events can be held in halls, hotels and private homes too

Sheikh Mohammed bin Rashid Al Maktoum

UAE cabinet approves Dhs58bn budget for 2021

The new federal budget is 5.2 per cent lower than the 2020 figure of Dhs61.35bn

GCC Covid-19 update: UAE reports 1,278 cases, 1,606 recoveries

The death toll in the UAE has risen to 496

Saudi Arabia Makkah

Video: Man drives car into Grand Mosque in Makkah

The Saudi national has been referred to the Public Prosecution

Covid-19

UAE reports 1,312 Covid-19 cases; Dubai issues guidelines for social interactions

The Ministry of Health and Prevention confirmed that there were also 1,500 new recoveries

Etihad

UAE’s Etihad issues $600m sustainability-linked sukuk

The airline has committed to net zero carbon emissions by 2050 and a 50 per cent reduction in net emissions by 2035

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed announces plans to build new satellite in Dubai

Expected to launch in 2023, the MBZ-SAT will be the second satellite to be built by an all-Emirati team

Hospitality Care Centre Dubai Healthcare Authority Dubai Media Office

Covid-19: Dubai launches new dedicated centre for treating infectious diseases

The new centre is directly affiliated with Rashid Hospital, and has already begun receiving Covid-19 patients

Nasdaq Dubai Growth Market

Dubai launches new stock market for SMEs

The Nasdaq Dubai Growth Market will be operational by early 2021

Free parking Abu Dhabi

Free parking in Abu Dhabi this week

All private and public sector companies in the UAE have a paid holiday on October 29

Turki Al Malki, Saudi coalition

Saudi forces destroy drones targeting civilians in the kingdom

The kingdom destroyed armed drones launched from Yemen on Saturday, Sunday and Monday

Emirates Dubai UAE

No pre-flight Covid-19 tests for UAE residents travelling to Dubai from these countries

The airline updated the Covid-19 testing rules for inbound UAE residents on Monday

UAE holiday

UAE confirms private sector holiday to mark Prophet Mohammad’s birthday

Private sector employees will have a three-day weekend, and will resume work on Sunday, November 1

Emirates Dubai International Airport DXB

Emirates launches ‘biometric path’ for contactless experience at Dubai airport

The biometric touchpoints are currently installed at Terminal 3 within DXB

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Dubai

Sheikh Hamdan unveils new Dhs500m stimulus package for Dubai

The overall value of economic support provided by the emirate in 2020 has risen to Dhs6.8bn

Tabreed

UAE’s Tabreed issues new $500m 7-year bond

The bond has been rated Baa3 by Moody’s and BBB by Fitch

UAE Bankruptcy law

UAE amends bankruptcy law to include pandemics

Debtors can request a grace period or negotiate a debt settlement with creditors for a duration of up to 12 months

Habtoor Hotel Dubai Kosher Food Elli's

Al Habtoor hotels offer 24×7 kosher in-room dining in Dubai

Guests will be able to order from an OU Certified Kosher Room Service Menu throughout the day

Kuwait parliament assembly

Kuwait’s parliament passes law to cut expat numbers

The law does not include the previously proposed quota system for expat nationalities

Home tutoring

Fines of up to Dhs30,000 for home tutoring, private lessons in the UAE

Those responsible for the involved venues will be fined Dhs20,000

UAE Israel

UAE delegation led by Obaid Humaid Al Tayer signs landmark agreements with Israel

The UAE, US and Israel also established a $3bn Abraham Fund to help stimulate private sector-led investments across the region

btme-awrads-916x517

Revealed: Winners of the Business Traveller Middle East 2020 Awards

This year’s programme recognised industry-leading airports, hotels, airlines and other travel services across 35 categories

Ibrahim Al Abed

Founder of UAE’s state news agency WAM, Ibrahim Al Abed, dies

He was a prominent figure within the country’s media industry

Emirates

Dubai’s Emirates expands reach to 45 more destinations via interline agreement with Airlink

Emirates customers will now have access to 25 domestic destinations in South Africa and over 20 regional destinations in Southern Africa

UAE Warriors

UAE Warriors launches new championship exclusively for Arab fighters

The inaugural UAE Warriors Arabia event is scheduled to take place in January 2021

Sheikh Mohammed Dubai

UAE cabinet approves resolution endorsing Abraham Accords peace agreement with Israel

The cabinet directed the initiation of constitutional procedures to issue a federal decree ratifying the agreement

Etihad

Abu Dhabi carrier Etihad confirms first commercial flight to Israel; launches Hebrew website

Etihad will become the first GCC carrier to operate a commercial passenger flight to and from Israel