#UAE

eyewa

UAE startup eyewa raises $21m in Series B funding round

Eyewa aims to take its e-commerce model and expand into brick-and-mortar retail operations at key locations in the region

IHC becomes UAE’s most valuable company after unit list

Alpha Dhabi traded as high as Dhs20 in a direct listing

Almost 9 out of 10 UAE-based SMEs are optimistic about the next 12 months – study

SMEs across the country have identified easier access to funding, acceptance of digital payments and training and upskilling staff as the top three drivers for growth

HSBC commits $5bn for UAE businesses with global growth plans

Incentives, including green lending discounts and certifications, access to targeted growth programmes, and trade-related benefits, will be offered to businesses that meet the required criteria

UAE eyes first net zero by 2050 goal among major petrostates

The UAE is now bidding to host the UN’s global climate talks in 2023

Oud Metha Bus Station Dubai

Video: RTA opens state-of-the-art bus station in Dubai’s Oud Metha

The average number of riders using the station per day is expected to reach 10,000

Abu-Dhabi-airport-drugs

Abu Dhabi Customs seizes 55,642kg of narcotics in first five months of 2021

During the same period in 2020, it intercepted attempts to smuggle 24,454kg of narcotics

E-commerce

UAE retail e-commerce market reaches $3.9bn in 2020

In 2020, the apparel and footwear category had the highest share of 33 per cent ($1.3bn) in the UAE retail e-commerce market

UAE reports 1,988 Covid-19 cases, 6 deaths

The nationwide case count has risen to 618,148

Flights between India and UAE to remain suspended until July 6 – airline

The carrier confirmed the directive as response to a customer query on Twitter

Where is the UAE’s car leasing business headed?

The mobility industry has been evolving rapidly thanks to technology and changing consumer preferences, says Richard Sikkel, CEO of UAE-based Massar Solutions

Dubai UAE

Dubai repays 10-year $500m bond certificates

The 10-year note, under the Euro Medium Term Note Programme, reached maturity on June 22, 2021

dubai airport covid-19 testing laboratory

New Covid-19 lab at Dubai airport can process 100,000 samples daily

Located close to Terminal 2, the 20,000 square-foot lab was built in collaboration with Dubai Health Authority and Pure Health

Abu Dhabi Vaccine tourism

Tourists in Abu Dhabi can now receive Pfizer, Sinopharm Covid-19 vaccines

The vaccines are only available for holders of a visa issued by Abu Dhabi or passport holders eligible for visa on arrival

UAE reports 2,167 Covid-19 infections, 4 deaths

A total of 616,160 people have contracted the virus since it broke out across the country

C37 Dubai Healthcare City

Visiting overseas doctors can now practice part-time in Dubai Healthcare City

Visiting doctors will benefit from full-service set-up including visa processing and licensing services

A health worker holds a vial of Covishield, AstraZeneca's Covid-19 coronavirus vaccine

Dubai’s DHA clarifies list of approved vaccines for UAE residents travelling from India

Only UAE residents in India who have received two doses of a ‘UAE-approved vaccine’ will be allowed to travel to Dubai from Wednesday, June 23

Abu Dhabi

Abu Dhabi’s non-oil foreign trade reached Dhs201.2bn in 2020

Its trade reduced 5.6 per cent compared to Dhs213.3bn recorded in 2019

Mall Of Oman Majid Al Futtaim

UAE’s Majid Al Futtaim to open Mall of Oman in September 2021

Its key features include over 350 retail outlets, a 15-screen VOX cinema and the country’s largest indoor snow park

Ian Fairservice, Managing Partner and Group Editor of Motivate Media Group, and Frank Melloul, CEO of i24 News

UAE’s Motivate Media Group partners with Israel-based broadcaster i24 News

Both companies will partner on multiple fronts including producing new forms of content across digital, print and broadcast

UAE reports 1,964 Covid-19 cases, 6 deaths

The nationwide case count has risen to 613,993

university of wollongong dubai UOWD

This Dubai university now offers three-year bachelor degrees

The eligibility for the three-year bachelor degrees depends on the student’s high school curriculum, grades achieved and proficiency in English

Wastewater Monitoring Lab Abu Dhabi G42 Healthcare

New Abu Dhabi lab to use AI tech to analyse wastewater for infectious diseases

Construction on the Wastewater Monitoring Lab, being developed in collaboration with G42 Healthcare, will be completed in 12 months

Dubai Electricity and Water Authority DEWA

DEWA’s desalinated water production at Jebel Ali increases to 490m imperial gallons daily

The increased production is a result of adding new units which use Sea Water Reverse Osmosis technology at DEWA’s Jebel Ali Power Plant and Desalination Complex

UAE schools

UAE public schools to reopen school campuses in 2021-2022 academic year

However, distance learning to remain optional in these schools when they reopen on August 29

UAE’s Emirates Development Bank allocates Dhs30m to finance SMEs through Beehive platform

The Beehive platform uses crowdfunding technology to connect SMEs seeking finance with investors who can support their finance request

Covid-19 update: UAE reports 1,850 cases, 5 deaths

The case count has risen to 612,029

Jebel Ali Free Zone

Dubai’s Jafza healthcare, pharma customer base grows 12%

There are 174 companies within this sector in the free zone, employing 1,100 people

Abu Dhabi school students to return to campus in upcoming academic year

However, full-time remote learning will be allowed to parents who request it, if the option is offered by their child’s school

UAE’s The Luxury Closet raises $14m growth capital

The Luxury Closet has teams across five countries, and serves clients worldwide representing 85 countries