#UAE

Careem Dubai

Careem reduces fares in Dubai by up to 50%

The minimum fare on the Careem Max rides has been reduced by half

Covid-19 update: UAE records highest daily spike in infections with 1,578 new cases

The second highest daily rise was reported on October 17 and 21

Think week pic

Think Week: What is it and will UAE professionals benefit from it?

Mark Dickinson investigates the concept of a Think Week and shares his findings

JLT Dubai

Bull&Roo to open new 3-level F&B concept in Dubai’s JLT

The new retail and F&B concept will open in Jumeirah Lakes Towers Central Park by Q2 2021

UAE telco Etisalat reports 6% rise in net profit for Q3 2020

Etisalat’s consolidated revenue for Q3 2020 amounted to Dhs13bn

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

GCC Covid-19 update: UAE registers 1,538 cases; 451 infections confirmed in Oman

The death toll in the UAE has risen to 472

British Business Group

Lessons learnt: How Covid-19 has impacted the British business ecosystem in the UAE

Gulf Business speaks to John Martin St. Valery, chairman of the British Business Group for Dubai and the Northern Emirates, on coping with the crisis, impact of Brexit and plans ahead

UAE announces public sector holiday for Prophet Mohammad’s birthday

Work will resume on November 1

Mohammed bin Rashid Aerospace Hub Dubai South

Private jet movement at VIP Terminal in Dubai South up 93% y-on-y in Q3 2020

Aviation represents over 25 per cent of Dubai’s GDP

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

GCC Covid-19 update: UAE reports 1,077 cases; 886 infections confirmed in Kuwait

The death toll in the UAE has risen to 470

Jones Food Company

Why the GCC and Britain are collaborating for food security

The GCC states have launched agritech programmes and are working to facilitate global agribusiness trade and diversify international food sources

ISRAEL-UAE-DIPLOMACY

UAE, Israel agree on bilateral visa-free travel

Emirati citizens will become the first in the Arab world to not require Israeli entry visas

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

How UAE-based universities must be refurbished as creative free zones

Better education for entrepreneurs is required to ensure they build products and services that people want

Abu Dhabi’s ADQ partners with Lulu International Holdings for Egypt expansion

ADQ and LIHL will work to collectively develop up to 30 hypermarkets and 100 express minimarket stores

UAE Deputy PM Sheikh Saif bin Zayed receives first dose of Covid-19 vaccine

Taking to Twitter, he extended his gratitude to the healthcare professionals

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

Rock-bottom solar prices trigger shift in UAE’s energy strategy

Lower solar prices may also spur the manufacturing of green hydrogen in the UAE

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

Dubai’s Careem announces 25 partners for rewards programme

Customers can earn points by taking rides, ordering food, shopping for essentials or getting anything delivered

Mobile Phone

UAE telecom subscribers pegged at 21.808 million at the end of August

Pre-paid mobile phone subscriptions totalled 13.107 million, while post-paid mobile phone subscriptions stood at 3.578 million at the end of August

UAE lender ADIB launches remote sales platform

Over half of ADIB card sales are taking place on the platform

Dubai DEWA

Dubai’s DEWA repays $1.5bn bond, turns debt-free

New projects worth over Dhs80bn are either ongoing or envisaged for completion over the next five years