Oman’s fiscal gap sharply down
Rise in revenue cut deficit despite higher spending in 2010
Business
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Mena equity markets to see growth
Emirates NBD says valuations remain attractive
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Private jet business booms
Unrest in region reinforces Dubai’s position as key tourism destination
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Algosaibis to get bank data
BofA, Citibank, StanChart and HSBC told to hand over records
Economy & Finance
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Ad: Jordan Insurance Company
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Dubai Economy: 1,342 outlets fully compliant with market opening guidelines, no warnings or closures
The Commercial Compliance & Consumer Protection, CCCP, sector in Dubai Economy has implemented a new inspection
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Money Supply M3 hits AED1.694 trillion in February
The Central Bank of the UAE has announced that the Money Supply Aggregate M3 edged up to circa AED1.694 trillion in
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SEDD takes measures to protect Sharjah markets amid COVID-19 concerns
The Sharjah Economic Development Department, SEDD, has announced that it has intensified health and safety control
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Dubai Holding & Meraas unveil economic relief package of over AED 1 billion
Dubai Holding, a global investment holding company, and Meraas, Dubai’s premier developer and operator of lifestyle
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Abu Dhabi Executive Council launches economic stimulus package, fast-tracks Ghadan 21 initiatives
he Abu Dhabi Executive Council announced today a dynamic economic stimulus package, in line with the directives of His
Corporate
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Air Arabia Abu Dhabi launches new service to Kabul and Dhaka
Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the introduction of two new destinations -
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Dubai Economy and Emirates NBD go live with the UAE KYC Blockchain Platform
Dubai Economy and Emirates NBD announced the go-live of the UAE KYC (Know-Your-Customer) Blockchain Platform, an
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ADNOC rewards programme gives new offers to customers
ADNOC Distribution, the UAE’s leading fuel and convenience retailer has announced an exciting enhancement to its
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Emirates NBD completes customer migration to 'Smart Pass'
Emirates NBD has completed successful migration of its customer base to the Smart Pass service to support safer digital
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Startupbootcamp establishes headquarters at DIFC
Dubai International Financial Centre, DIFC, the leading global financial centre in the Middle East, Africa and South
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Emirates resumes service to Nairobi, Baghdad and Basra
Emirates has announced it will resume flights to Nairobi from 2nd August, Baghdad and Basra from 10th August, expanding
Technology
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Dubai Internet City hosts live session on growing importance of VR in mental wellness
As the power of virtual reality (VR) to treat diseases and phobias such as Alzheimer’s and arachnophobia rises, mass
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Cleveland Clinic Abu Dhabi expands use of robotics in complex surgical treatments
Doctors at Cleveland Clinic Abu Dhabi have performed the first robotic "whipple" procedures to treat pancreatic and
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DEWA becomes first utility in the region to use Boston Dynamics’ four-legged Spot Robots in its internal operations
Dubai Electricity and Water Authority (DEWA) has started testing the different uses of the four-legged Spot Robots in
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Dubai Municipality launches ‘Dubai Here’, an e-system that provides comprehensive geospatial data and maps of Dubai
Dubai Municipality's Geographic Information Systems (GIS) Centre has launched ‘Dubai Here’, an electronic system that
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RTA employs AI in taxis to curb spread of COVID-19
Dubai’s Roads and Transport Authority, RTA, announced that the use of Artificial Intelligence, AI, technologies, such
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DEWA’s Rammas answers 3.6 million enquiries
“DEWA’s vision is inspired by the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and
Energy
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Emirates Water and Electricity Company to develop world’s largest solar power plant
The Emirates Water and Electricity Company, EWEC, a leading company in the coordination of planning, purchasing and
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ENOC Group opens new service stations in Lehbab and Al Qudra
ENOC Group has announced that it recently opened two new service stations in Lehbab and Al Qudra in Dubai. The opening
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25.182 mmbbl of crude imported by Japan from UAE in April
Japan imported from the United Arab Emirates 25.182 mmbbl of crude in April 2020, data released by the Agency of Energy
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COVID-19 crisis is causing the biggest fall in global energy investment in history: IEA
The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected
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OPEC daily basket price stood at US$28.06 a barrel Friday
The price of OPEC basket of thirteen crudes stood at US$28.06 a barrel on Friday, 22nd May 2020, compared with $29.70
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Saudi Aramco to reduce its oil production for June by one million bpd
Saudi Ministry of Energy has directed Aramco to reduce its crude oil production, for the upcoming month of June, by an