#UAE

Covid-19 update: UAE reports 696 cases, 1,916 recoveries

The nationwide case count has risen to 878,102

Special report: How the GCC is poised to develop as a major destination market for global tourism

The region is building its infrastructure and programmes to transform into a major tourist destination over the next few decades

boursa kuwait

Kuwait bourse plans derivatives trading amid push for more IPOs

The Kuwaiti stock exchange plans to introduce a central counterparty service for the cash market by the end of the year

The Global Blockchain Business Council appoints Ola Lind as the UAE Ambassador

Lind joins 179 ambassadors from 86 jurisdictions in six continents that make up a select group of leaders in technology, government, and academia

GEMS Education

Dubai’s GEMS Education confirms being target of cyberattack

The education operator said that all its schools remain open, while external entities have been enlisted to investigate the incident

UAE’s e& reports 3.2% rise in consolidated net profit for 2021

During 2021, its aggregate subscriber base reached 159 million

UAE reports 782 Covid-19 cases, 2,096 recoveries

The nationwide case count has risen to 877,406

Paul Berger Arena global CEO

Abu Dhabi’s IHC acquires 70% stake in Arena Events for Dhs239.8m

Paul Berger, the current Arena EMEA CEO, will transition to become the company’s global CEO

UAE

UAE updates terror list to include one individual and five entities

They have been linked to supporting and financing Yemen’s Houthi militia

UAE reports 740 Covid-19 cases, 1,956 recoveries

The nationwide case count has risen to 876,624

The way forward for digital banking in the UAE

Here’s why digital banking will continue to grow rapidly within the country

UAE scraps rapid PCR tests for passengers from several countries including Pakistan, India

Sharjah-based Air Arabia said on its website that incoming passengers from eight countries are no longer required to conduct a rapid PCR test at the airport six hours prior to departure

Umex Simtex

UAE signs defence deals worth Dhs1.62bn on first two days of Umex and Simtex 2022

It marked an increase of 159 per cent compared to the corresponding period of last year’s exhibition

Majid Al Futtaim launches ultra-exclusive Alaya Beach residential project in Dubai

Located on the banks of the lagoon in Tilal Al Ghaf, it comprises of 14 mansions and 30 villas

UAE eyes more trade pacts to secure billions in investments

The UAE signed a deal with India recently

Cleveland Clinic Abu Dhabi - Cancer Center

New cancer treatment centre to open in Abu Dhabi this year

Cleveland Clinic Abu Dhabi’s Cancer Centre will be modelled on its Taussig Cancer Centre in Ohio

UAE reports 651 Covid-19 cases, 2,640 recoveries

The nationwide case count has risen to 875,258

Virgin Mobile UAE unveils new biodegradable SIM cards

It is the first mobile operator in the UAE to introduce eco-friendly SIMs

Museum of the Future

Watch: Flying Iron Man delivers special invitations to visit Museum of the Future in Dubai

The stylised video shows the jetpack-powered Browning taking off from the museum and landing at various locations across the city

UAE weather update: Fresh winds, rough sea conditions anticipated; NCM issues alert

The UAE recorded its lowest temperature of 11.4°C in Jabal Jais at 5.15am today

Dubai Metro

Dubai: 461 million riders used mass transit means, shared transport and taxis in 2021

Last year, the daily average number of riders using mass transit means and taxis reached 1.3 million, compared to approximately 948,000 in 2020

Abu Dhabi

Abu Dhabi studying next-generation nuclear to make hydrogen

Hydrogen is considered a promising replacement for fossil fuels in the energy transition

Rising momentum of the region’s banking sector

GCC banks are paving the way for a promising year

How eyewear major Safilo has transformed its Middle East business model

Andrea Zaffin, managing director of Safilo Middle East and commercial head IMEA, outlines his strategy to take the company’s eyewear business to the next level

National Petroleum Construction Company signs strategic MoUs at EGYPS

UAE-based National Petroleum Construction Company signed agreements with leading Egyptian companies to explore growth opportunities in the MENA region

UAE F&B

UAE’s F&B imports from Latin America reached $1.9bn in 2020

F&B exports from Latin American markets accounted for 12 per cent of the UAE’s total F&B imports in 2020

Saudi Arabia maintained its position in the top 50 global rankings

Abu Dhabi records Dhs71.5bn of real estate transactions in 2021

There were a total of 14,958 sales and mortgage transactions, with Yas Island topping the list with Dhs4.1bn in real estate deals

Covid-19 update: UAE reports 895 cases, 2,808 recoveries

The nationwide case count has now risen to 872,210

UAE and Hungary launch economic cooperation programme

The agreement covers cooperation in areas such as trade, investment, SMEs, energy, tourism, technology, space and education among other areas

Cover story: Why the chairman of UAE’s Century Financial feels a people-centric approach is a game changer

The key to a strong relationship with investors is offering them best-in-class support, explains the company’s CEO and chairman Bal Krishen