#UAE

Dubai cloud kitchen platform iKcon secures $10m funding

iKcon currently operates ten cloud kitchens across the UAE

Is now a good time to be an entrepreneur in the UAE?

Innovation and entrepreneurship play a key role in responding to the significant challenges posed by the Covid-19 crisis, says UOWD associate professor

coronavirus

UAE reports 225 additional Covid-19 cases, precautionary guidelines issued for shopping malls

The total number of cases recorded in the country has risen to 62,525

UAE Satellite

UAE prepares to launch navigation satellite in 2021

The UAE’s navigation satellite will be the first project of Satellite Assembly, Integration and Testing Centre

Sole DXB 2019

Sole DXB 2020 event cancelled, no new date announced

The eight edition of the festival was held in December 2019 in Dubai Design District

Rajesh Sethi Dar Al Takaful

UAE’s Dar Al Takaful appoints Rajesh Sethi as CEO after acquisition of Noor Takaful

Sethi brings over 30 years of global expertise to new role

ADNEC-Walk-In-Facility_Phase-III-COVID-19-Vaccine-Trials

UAE reports 239 Covid-19 cases, 230 recoveries

The overall number of recoveries has risen to 56,245

Dubai-skyline

Dubai government employees to have flexible working hours from August 16

The circular by the Dubai Government Human Resources Department was issued to all government entities on Saturday, August 8

UAE Hope Probe

UAE Hope Probe: To Mars and beyond

Along with the Hope Probe, the UAE’s space ambitions and its endeavours towards a knowledge-based economy have also taken flight

What is the current state of the UAE’s startup ecosystem?

Despite the Covid-19 crisis, here’s why this is a good time to start a business in the UAE, opines Mana Al Suwaidi, executive chairman, Startegi Advisors

GCC Covid-19 update: UAE registers 239 cases; 1,402 infections recorded in Saudi

The death toll in the UAE has risen to 354

Samsung launches new Galaxy Note20 devices, UAE prices revealed

Prices start at Dhs3,549 for the non-5G Galaxy Note20

UAE’s RAKBANK reports 44.7% dip in net profit for H1 2020

The bank’s total income for H1 2020 declined by 4.5 per cent compared to H1 2019

UAE plots new stimulus measures to bolster economy

The UAE’s central bank had provided more than $70bn of stimulus by March to aid businesses

GCC Covid-19 update: UAE reports 254 cases, two deaths

The death toll in the UAE stands at 353

Abu Dhabi Ports

Abu Dhabi ports’ non-oil foreign trade valued Dhs66.5bn for first four months of 2020

Re-exports fell 24.6 per cent year-on-year to Dhs13bn and non-oil exports by 8.5 per cent to Dhs18.3bn

Jobless recovery from virus takes shape for top 3 Arab economies

Employment continued to fall in Saudi Arabia, the UAE and Egypt despite a stronger pickup in non-oil private sector activity in July

DAFZA

Exports from Dubai’s DAFZA up 54% in Q1 2020

China accounted for the highest percentage of DAFZA’s trade, with 21 per cent valued at Dhs7.7bn

King Fahd Causeway zwischen Bahrain und Saudi Arabien

Saudi reopens land borders with the UAE, Kuwait and Bahrain

Trucks coming from the GCC will be allowed entry into the kingdom

careem now

Network International underpins Careem’s digital payments initiative

The five-year agreement will see Network International process prepaid cards on behalf of Careem in five countries

Social media

Social space: A roundup of all the GCC social media news in July

Fadi Khater, founder and managing partner of digital marketing agency Netizency, provides an overview of social media trends in the region

GCC Covid-19 update: UAE records 189 cases; 1,342 infections registered in Saudi

No new deaths were recorded for the fourth consecutive day in the UAE

Dubai attracted around Dhs12bn of FDI in H1 2020

There were 190 FDI projects announced in the emirate in H1 2020, around 50 per cent of them being greenfield initiatives

VFS Global launches Covid-19 testing service in UAE

The testing service will commence from August 3, and is being offered in partnership with UAE Ministry of Health approved testing laboratories

UAE developer Azizi Developments announces Dhs3.5bn investment

The developer will construct 45 buildings comprising over 11,000 homes across MBR City, Dubai Healthcare City and Al Furjan over the next 2-3 years

UAE’s NMC Health secures $250m funding

NMC has developed a three-year business plan with a strategy to deliver continued growth in its core UAE business

Sheikh Mohammed cabinet

UAE Cabinet holds first meeting in person since Covid-19 outbreak

The cabinet returned to work a month early amid “exceptional circumstances”, said Sheikh Mohammed

AirArabia-Abu-Dhabi

Air Arabia Abu Dhabi to add services to two more cities starting August 7

The low-cost carrier will fly to Kabul thrice a week and to Dhaka twice a week

Covid-19 UAE

UAE Covid-19 recovery rate climbs to 90%; children above two should wear masks

The UAE has completed over five million laboratory Covid-19 tests to date

GCC Covid-19 update: Kuwait reports 388 cases

The death toll in Kuwait has risen to 461