#UAE

Sharjah

Sharjah announces new Dhs512m economic stimulus package

The package was approved by the Crown Prince of Sharjah, Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, on Tuesday

The Emirates Golf Club in Dubai

What to expect from the upcoming OMEGA Dubai Moonlight Classic 2020

The three-day event will be held from November 4-6 at the Faldo Course within the Emirates Golf Club in Dubai

Sheikh Mohammed Covid-19 vaccine

Dubai’s Sheikh Mohammed receives Covid-19 vaccine

The ruler took to Twitter on Tuesday to share an image of him receiving the Covid-19 vaccine

Saudi non-oil private sector business activity improves to highest in 8 months

However, employment numbers dropped at the fastest rate since June

Khalifa university

Research team at UAE’s Khalifa University manufacture reusable 3D-printed facemasks

A prototype has been printed and assessments will be performed on it before it receives the necessary approvals

Nasdaq Dubai

Private sector arm of Islamic Development Bank, ICD, lists $600m sukuk on Nasdaq Dubai

The five-year sukuk was oversubscribed nearly three times

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

Key mandates financial services firms must deliver on

These three requirements are a must for the ‘new tomorrow’ in financial services

Saeed Hamad Obaid Al Dhaheri

Abu Dhabi Securities Exchange appoints new CEO

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

UAE’s National Centre of Meteorology issues fog alert

The UAE recorded its lowest temperature of 13.7°C in Damtha at 4.30am local time today

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

UAE-Japan

Japan imports nearly a third of its crude oil in September from the UAE

Japan imported a total of 64.212 million barrels of crude from around the world in September

Drugs Dubai Police

Dubai Police foil plot to sell 40kgs of drugs in the UAE

They arrested two Asians as part of the operation named Black Bag

UAE minister of cabinet affairs receives first dose of Covid-19 vaccine

The UAE has reported a total of 132,629 Covid-19 infections since the virus first broke out across the country

Sheikh Mohammed bin Rashid Al Maktoum Dubai

Sheikh Mohammed reviews Dhs6.6bn upcoming environmental sustainability projects in Dubai

It includes the construction of a Dhs4bn Dubai Centre for Waste Processing and a Dhs2bn Green Dubai Park Project

UAE joins Global Ocean Alliance to achieve 30by30 conservation target

The UAE is the first Middle Eastern country to endorse the target

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

Abu Dhabi Commercial Bank ADCB

UAE’s ADCB posts Q3 2020 net profit of Dhs1.3bn; down 3% y-on-y

It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year

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

UAE announces fuel prices for November 2020

Prices will remain unchanged for the eighth consecutive month

Dubai’s NBF posts 87% dip in net profit for first nine months of 2020

Its operating profit of Dhs707.3m for Q1-Q3 2020 plummeted from Dhs862.3m during the same period last year

Covid-19 update: UAE reports 1,400 new cases, 2,189 recoveries

The recoveries were the second highest daily figure reported since the virus first broke out in the country

LLB_Headquarters_Vaduz

Here’s how European private bank LLB is looking to grow in the GCC

Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead

Capital Health Screening Centre Abu Dhabi

Covid-19: Tourists in Abu Dhabi can get tested for Dhs180 at new drive-through facility

Residents and tourists need not pre-book appointments, and will receive their results via SMS between 24 and 48 hours of being tested

Nasdaq Dubai Growth Market

Dubai launches new stock market for SMEs

The Nasdaq Dubai Growth Market will be operational by early 2021

Covid-19 update: UAE reports 1,390 cases; 466 infections registered in Oman

The death toll in the UAE has risen to 482

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