#UAE

Why the regional fintech ecosystem is booming

Regional fintech startups hold tremendous room for growth

UFC Fight Island Abu Dhabi

Abu Dhabi’s ‘safe zone’ at UFC Fight Island ensures maximum safety for all

An 11-square-kilometre stretch of Yas Island has been blocked off from the public to create a safety bubble for all those involved with the ongoing UFC event

Half of SMBs in the UAE, 35% in Saudi reduced their workforce due to virus: study

Small businesses turn to digital channels to survive the pandemic

Sheikh Abdullah bin Mohammed Al Hamed

Head of Abu Dhabi’s health department becomes first volunteer for Covid-19 Phase III vaccine trials

A total of 15,000 volunteers are required to participate in the trials

UAE’s used car sales set to surge past 1 million mark by 2025

Market will be powered by digitalisation and new business models

Abu Dhabi bourse plans first ETF next month, followed by futures

The exchange in the capital of the United Arab Emirates is close to setting up a central clearing house

DP World

DP World lists $1.5bn sukuk on Nasdaq Dubai

The capital raised by the sukuk will be used for general corporate and growth purposes including refinancing debt

UAE weather update: Rainfall, dust storms expected in parts of the country

The UAE recorded its lowest temperature of 24.7°C in Jabal Al Heben at 6.15am today

abu-dhabi

Abu Dhabi’s Covid-19 laser-testing at border made by-appointment only

A new laser-based DPI technique developed by the QuantLase Imaging Lab can rapidly screen travellers at the border for Covid-19

UAE Covid-19

UAE reports 393 Covid-19 recoveries, no deaths

The total number of Covid-19 cases recorded in the UAE stands at 55,848

MEBAA aviation show

MEBAA business aviation airshow will be held this December in Dubai

It will take place from December 8-10, 2020, at the DWC, Airshow Site in Dubai

GCC Covid-19 update: Oman reports 1,679 cases; 2,671 infections in Saudi

The number of Covid-19 cases in Saudi Arabia has crossed 240,000

Shailesh Dash main

Phi trends: Why it’s never too late to start investing

Investing requires a long-term approach to yield better results, opines entrepreneur and investor Shailesh Dash in his new series

Update: Launch of Emirates Mars Mission’s Hope Probe delayed

A new launch date will be announced in the next 24 hours

Barakah plant Units 1 and 2 low res copy

UAE’s ENEC completes construction of second unit of Barakah nuclear energy plant

Located in Al Dhafrah, the Barakah plant is one of the largest nuclear energy new build projects in the world

Sharjah-ruler

All Sharjah government employees to return to their offices from July 19

An exception will be made only for those with chronic diseases

coronavirus

UAE reports 375 new Covid-19 cases, 1 death

There were 512 new recoveries reported too

Recruiting or reskilling – what makes business sense for regional companies?

Adapting and increasing employees’ skills and roles to the post-pandemic ways of working will be crucial to building operating-model resilience

IESF

UAE government signs agreement with IESF to promote tolerance in esports

An IESF Global Commission of Tolerance and Coexistence in Esports will be formed as a result of the agreement

AirArabia-Abu-Dhabi- 2

UAE’s new low-cost airline Air Arabia Abu Dhabi operates its inaugural flight

The Abu Dhabi-based airline has started with two routes to Egypt

abu dhabi

Abu Dhabi introduces Covid-19 laser-testing at border to gain entry into emirate

Those with a positive result must undergo a nasal swab PCR test at the same location to confirm whether they have the virus

Jebel Ali Free Zone

Dubai’s Jafza records 10.6% y-on-y increase in retail and e-commerce business for 2019

There are over 1,000 companies from 96 countries that are a part Jafza’s Retail and General Trading sector

Emirates Mars Mission reveals live stream link for launch of Hope Probe

Broadcast of the launch will begin on Tuesday, July 14, at midnight UAE time

Covid-19 Lab tests

UAE to begin Covid-19 vaccine trials with 15,000 volunteers

There will be two vaccines that will be tested during the Phase III trials

SEHA field hospital

Covid-19 field hospital at Dubai Parks and Resorts to be closed

The 1,200-bed field hospital, managed by Abu Dhabi Health Services Company (SEHA), provided services to over 2,300 Covid-19 patients

Dubai airport

UAE tourists, visitors with expired permits given one month to exit country

The one-month grace period to exit the country has begun from July 12

Dubai Chamber launches online marketplace for PPE products amid scaling demand

Businesses can use the marketplace to buy PPE at reduced costs, generate new leads, and build long-term partnerships with reliable suppliers 

Etihad Airways

Etihad Airways rolls out Covid-19 home-testing for travellers in the UAE

It has collaborated with Mediclinic to conduct the Covid-19 PCR tests

Strata manufacturing masks n95

UAE’s first N95 respirator manufacturing facility can produce upto 90,000 units per day

The facility, with an annual production capacity of 30 million units, has secured orders from UAE entities for the rest of the year

Abu Dhabi Fund for Development

Covid-19: Abu Dhabi Fund suspends debt repayment for beneficiary countries, companies

It covers the payment of instalments and interests over the period from January 1 to December 31, 2020