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Month: March 2021

Posted on 04/03/2021

VMware expands Middle East regional HQ in UAE

VMware Middle East has expanded its regional HQ in Dubai Internet City in UAE to support growth in the Middle East, Turkey, and North Africa and further increase its support for public and private …
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Posted on 04/03/2021

New UAE Citizenship Law a Milestone for the Gulf

On January 30, the ruler of Dubai and Prime Minister of the United Arab Emirates (UAE) Sheikh Mohammed bin Rashed Al Maktoum announced a decision that will provide a select group of foreigners with a …
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Posted on 04/03/2021

SirajPower signs solar leasing agreement with Airlink International

UAE solar energy provider SirajPower has signed a 1.3 MWp solar leasing agreement with UAE-based logistics provider, Airlink International UAE for its logistics centre in JAFZA. SirajPower will act as …
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Posted on 04/03/2021

Business in Saudi Arabia and the UAE slows down due to Covid-19

Business in Saudi Arabia and the United Arab Emirates has slowed down, according to Purchasing Manager’ Indexes, compiled by IHS Markit. The two countries have seen a rising number of Covid-19 cases …
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Posted on 04/03/2021

Saudi Arabia Continues to Lead MENA IPO market in 2020

Saudi Arabia continued to lead the initial public offering (IPO) market in the Middle East and North Africa (MENA) region with the Saudi Stock Exchange …
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Posted on 04/03/2021

HSBC appoints Head of Global Banking in the UAE

Mohammed Al Marzouqi as Head of Global Banking in the United Arab Emirates (UAE), subject to regulatory approval …
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Posted on 04/03/2021

Covid: Hearing-impaired UAE residents struggling with new normal

The new world of online learning and remote working has been particularly hard on those with hearing impairments. While they have been able to identify their tutors, deaf students in mainstream …
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Posted on 04/03/2021

Abu Dhabi’s Etihad Airways reports $1.7 billion loss in 2020

Abu Dhabi’s national carrier Etihad on Thursday reported core operating losses of $1.7 billion in 2020, reflecting the severe toll of the coronavirus pandemic on the long-troubled airline that has …
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Posted on 04/03/2021

UPDATE 1-Abu Dhabi’s Mubadala takes orders for euro-denominated bonds – document

Abu Dhabi state fund Mubadala began taking orders for two-tranche euro-denominated bonds comprising six- and 13-year paper, a document showed on Thursday. Initial guidance was around 85 basis points …
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Posted on 04/03/2021

UAE, Saudi non-oil recovery on track

Non-oil private sector activity in the UAE and Saudi Arabia — the GCC’s two largest economies — improved at a slower pace in February and employment rate remained stable, according to the monthly …
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Posted on 04/03/2021

Synchronized paragliders defy gravity in Dubai

NO RESALES. NO NEW USES AFTER SIX MONTHS FROM DATE CONTENT IS DOWNLOADED FROM REUTERS. NO MORE THAN 70% OF THIS VIDEO CONTENT MAY BE USED ON YOUTUBE. Digital: NO RESALES. NO NEW USES AFTER SIX MONTHS …
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Posted on 04/03/2021

The 25th Dubai World Cup horserace set to be subdued affair amid coronavirus

Capacity and travel restrictions limit attendees; hospitality sector recovery not expected before 2022, Meydan Hotel executive said …
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Posted on 04/03/2021

Has Dubai’s office market changed for the better or worse?

Dubai’s office market has changed in absorption, vacancies, and space and design, due to challenges implicated by COVID-19 …
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Posted on 04/03/2021

Abu Dhabi’s Mubadala takes orders for euro-denominated bonds: document

Abu Dhabi state fund Mubadala began taking orders for two-tranche euro-denominated bonds comprising six- and 13-year paper, a document showed on Thursday.
( read original story …)


Posted on 04/03/2021

Coach Lalchand Rajput relishes ‘satisfying’ effort from Zimbabwe against Afghanistan in Abu Dhabi Test

Having won their first-ever Test match since November 2018, Zimbabwe will be looking to go for the series win against Afghanistan in the UAE. Head coach Lalchand Lajput credited the hard work put in …
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Posted on 04/03/2021

Covid UAE: Police target illegal gatherings of teens, gamblers

Groups of teens meeting under buildings, men playing games in green areas and squares, beggars and gamblers will be dealt with zero tolerance in Sharjah, the police have said.Such gatherings and …
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Posted on 04/03/2021

UAE Pritioritized Quick Access in Picking Sinopharm Vaccine

The United Arab Emirates hinged its inoculation program on the vaccine developed by China’s Sinopharm Group, given early availability and the potential to produce the shots locally.
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