#UAE

UAE’s Emirates Islamic Bank post 37% rise in Q1 net profit

The bank’s operating profit dipped 12 per cent y-o-y to Dhs319m

Children aged 3 and above must wear face masks – UAE authorities

The official also urged parents to avoid taking their children to crowded areas, “especially playgrounds”

Abu DHabi

Abu Dhabi issues two PPP tenders to private sector

The projects include the construction of three schools and a street lighting upgrade programme

Dubai food trade

Dubai’s external food trade totalled Dhs52bn in 2020

In terms of volume, the overall trade weighed 17 million tonnes

India to Dubai Covid-19 Testing rules

Pre-departure Covid-19 testing rules changed for passengers travelling to Dubai from India

Effective April 22, the validity of the Covid-19 PCR test for passengers travelling from India to Dubai has been reduced to 48 hours from the time of collecting the sample

Covid-19 update: UAE reports 1,803 cases, 2 deaths

The nationwide case count has now risen to 498,957

Dubai restaurant

Dubai closes 53 food outlets in Q1 2021 due to Covid-19 infractions

The municipality conducted 13,775 inspections during the first quarter of 2021, and issued warnings to 1,133 establishments

Sharjah Islamic Bank

Sharjah Islamic Bank operating profits up 27% in Q1 2021

Net profit for the three months ended March 31, 2021, amounted to Dhs164.2m, compared to Dhs153.7m for the corresponding period last year

Covid-19 update: UAE reports 1,930 cases, 4 deaths

The nationwide case count has now risen to 497,154

Four reasons why investing is for everyone

As economies remain volatile, investing smartly can help anyone achieve financial freedom, according to AIX Investment Group

Citigroup to exit retail banking in 13 markets, including Bahrain

The move is part of an ongoing review of the company’s strategy by its chief executive officer

Saadiyat

Abu Dhabi issues first district cooling licence to Saadiyat Cooling

The licence was issued to provide services to Saadiyat Island, including Saadiyat Beach, and Saadiyat Cultural District

UAE’s 100 Million Meals campaign reaches 78% of target in first week

Food distribution has already begun in several countries including Jordan, Egypt and Pakistan

Al Khawaneej Roads Improvement Project

Video: New Dubai-Sharjah road cuts travel time between the two emirates

The Al Khawaneej Roads Improvement Project cuts travel time between the Emirates Road and the Sheikh Mohamed bin Zayed Road from 25 minutes to 9 minutes

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed launches National Behavioural Reward Programme

It aims to incentivise positive behaviour through a point-based system that can be used in payments for government services

How e-scooters could be a key part of GCC’s transport mix

Micro-mobility is stepping up to serve as an essential tool for shorter distances

UAE’s ADNOC keen to explore hydrogen market with India’s public, private sectors

Dr. Al Jaber said the UAE is well placed to capitalise on the potential of Hydrogen as a zero-carbon fuel

Covid-19 update: UAE reports 1,928 cases, 4 deaths

The nationwide case count has now risen to 491,423

UAE partners with Japan for mission to send ‘Rashid’ rover to the moon

The Emirates Lunar Mission is one of the initiatives under the Mars 2117 Programme, which aims to build a human colony on Mars

Jail time, fines for illegally raising funds in the UAE

The Public Prosecution has called on those who wish to help the needy during Ramadan to follow legal channels

Uber UAE

Uber offers free rides for Covid-19 vaccinations at Mediclinic centres in Dubai and Abu Dhabi

Its latest initiative is supported by Dubai’s Road and Transport Authority and Abu Dhabi’s Integrated Transport Centre

Abu-Dhabi

Abu Dhabi extends fee exemptions for hotels until June 30

The exemptions are a result of directives issued by the Abu Dhabi Executive Council

Dubai Fertility Centre

Sheikh Hamdan inaugurates new building at Dubai Fertility Centre

Since its establishment in 1991, 5,099 babies have been born as a result of the treatment provided by the Centre

Israeli ship attacked off UAE coast – reports

The commercial vessel was slightly damaged in the attack, according to reports

Empower

Dubai’s Empower awards contracts worth Dhs217m in Q1 2021

The contracts were awarded primarily for the development of company’s district cooling infrastructure in Dubai

Covid-19 update: UAE reports 2,022 cases, 4 deaths

The nationwide case count has now risen to 487,697

Revealed: Top 5 powerful Arabs in the UAE

The highest ranking entries originating from the UAE in Gulf Business’ annual Arab power list 2021

Mubadala says it’s close to IPO of Emirates Global Aluminium

The company had planned an IPO in 2018 or 2019 but it was pulled after then-US President Donald Trump imposed tariffs on aluminum imports from the UAE

UAE salary

UAE to raise employee insurance premium for companies failing to pay salaries on time

The employee insurance policy coverage will be increased from Dhs120 to Dhs250 for companies that do not pay salaries on the due date

Dubai FDI

Dubai records Dhs24.7bn FDI in 2020

Dubai ranked fourth globally in FDI capital flows into greenfield projects