#UAE

Abu Dhabi National Energy Company TAQA

Abu Dhabi’s TAQA completes $1.5bn dual-tranche bond sale

Net proceeds from the sale of the notes will be used to repay outstanding debt

Abu Dhabi

Abu Dhabi updates Covid-19 testing and quarantine rules for vaccinated citizens and residents

The new rules effective Monday, May 3, require vaccinated citizens and residents to show proof of their jabs on the Alhosn app

Covid-19 update: UAE reports 1,847 cases, 2 deaths

The death toll in the UAE stands at 1,593

Asus ROG Zephyrus G15_GA503

Asus ROG launches Zephyrus G15 gaming laptop in UAE

The 15-inch notebook, available exclusively through Amazon in the UAE, is priced at Dhs6,999

Aramex

Dubai-headquartered Aramex’s CEO Bashar Obeid resigns

He resigned on April 29 citing “personal reasons”

Food Tech Valley Dubai

Sheikh Mohammed launches Food Tech Valley in Dubai

It seeks to triple the UAE’s food production and will include a smart food logistics hub, R&D facilities as well as agricultural technology and engineering labs

How Middle East businesses can rise to the net-zero challenge

Banks and FI’s are in a position to play a key role in accelerating the transition to a low carbon economy

Covid-19 update: UAE reports 1,961 cases, 4 deaths

The overall case count has risen to 518,262

UAE raises petrol prices for May 2021

The diesel price for next month has been reduced

UAE’s Environment Ministry to reduce or waive fees for 50 services from May 1

The fee for the permit to use the ‘Organic’ logo for organic products (previously Dhs5,000) will be waived

Etisalat group

Etisalat Group reports Dhs2.3bn consolidated net profit for Q1 2021; up 7.9% y-on-y

Consolidated revenues amounted to Dhs13.2bn and consolidated EBITDA totalled Dhs6.8bn

Covid-19: UAE reports 1,710 cases, 2 deaths

The case count in the UAE stands at 516,301

Hamdan Bin Rashid Cancer Charity Hospital Dubai

New cancer hospital in Dubai to provide free treatment for low-income patients

Sheikh Mohammed bin Rashid announced plans for the Hamdan Bin Rashid Cancer Charity Hospital which is expected to open in 2023

Dubai SME Ztartup

Dubai SME launches digital health business incubator Ztartup

The incubator provides two specialised programmes – one for business incubation and the other for business accelerators

Tiktok Abu Dhabi

Abu Dhabi tourism department partners with Tiktok

The tourism department has launched its Tiktok channel called Visit Abu Dhabi

Covid-19 update: UAE reports 2,094 cases, 5 deaths

The case count now stands at 514,591

Kim Thompson, co-owner and managing director, RAW Coffee Company

The SME Story: Kim Thompson, co-owner and managing director of RAW Coffee Company

Raw Coffee Company imports specialty-grade green beans, roasts and supplies them to cafés, restaurants, offices and home connoisseurs

Ajman Free Zone

Ajman Free Zone registered 1,717 new companies in 2020

Offshore companies comprised 11 per cent of the total number of new companies

Emirates NBD

Emirates NBD Capital records strongest ever quarter in debt capital market

Emirates NBD Capital led 24 transactions in Q1 2021 raising over $18bn

Simon Mellor and Edward (Ted) Bloom

Dubai duo aim to raise funds for cancer through nationwide charity golf challenge

The 18 on Eighteen initiative will see them play a single hole at 18 different courses across the UAE on May 3

Etihad Airways partners with Team Nigma

UAE’s Etihad becomes first major airline to sponsor an esports team

Team Nigma will be relocating to Abu Dhabi, under their partnership with AD Gaming

Covid-19 update: UAE reports 1,759 cases, 2 deaths

The death toll in the UAE stands at 1,573

UAE offers ‘full support’ to India as it battles deadly Covid-19 wave

The Burj Khalifa also displayed the Indian flag on Sunday night as a mark of solidarity

Dubai Multi Commodities Centre

DMCC to launch cacao centre in Dubai

DMCC will initially incubate a select range of cacao services within its DMCC Coffee Centre in Jebel Ali starting from mid-2021

ADCB

Abu Dhabi Commercial Bank reports Dhs1.121bn in Q1 net profit, up 436 per cent y-on-y

Operating expenses of Dhs1.061bn decreased 20 per cent year-on-year and 1 per cent sequentially

Covid-19 update: UAE reports 1,813 cases, 2 deaths

The nationwide case count has risen to 510,738

Mahzooz Emirates Loto

Three participants share Dhs1m prize in UAE’s Mahzooz draw

The six winning numbers chosen on Saturday’s draw were 15, 21, 24, 37, 38 and 45

UAE plans to include 10 new sectors to the companies law, allowing for 100% foreign ownership

The list of sectors and the regulations associated with their entry into the local market will be announced by the UAE Cabinet ‘soon’

Citi retail units seen fetching $6bn as sales kick off

Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam

Kuwait Airways

Kuwait indefinitely suspends passenger flights from India

All passengers arriving from India either directly or via another country will be banned from entering unless they have spent at least 14 days outside of India