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GAVIN GIBBON

Oman has revealed plans to vaccinate 1.5 million people against Covid-19 across the Sultanate by the end of June this year. One million PfizerbioNTech vaccines are scheduled to arrive in Oman during June as well as 100,000 doses from other companies, officials announced at the inaugural meeting of the ministerial team in charge of immunisation against coronavirus at the Ministry of Health. DUBAI AIRPORTS CEO URGES UK GOVERNMENT TO RETHINK THE UAE A robust and passionate case for the UAE to be taken off the UK’s Red List has been delivered by Paul Griffiths, CEO of Dubai Airports, who remains “mystified” that the Emirates remain on the no-fly zone.. In a wide-ranging interview with Arabian Business, Griffiths outlined his hope that the status may soon change and laid out the comprehensive reasons for a rethink, including Dubai WHY SUMMER 2021 WILL SEE A BOOST IN DUBAI TOURISM Why summer 2021 will see a boost in Dubai tourism. Staycations and regional tourism as some international travel restrictions persist are expected to fuel Dubai tourism; full industry recovery is expected by 2023-2024 when the majority will be vaccinated, said Sofitel and Raffles Dubai chief. Sofitel Dubai the Obelisk.

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Kuwait travel ban News including daily updated Middle East Kuwait travel ban News, Gulf Investment & Financial headlines, Latest Banking News, Top Financial News, Online Banking & UAE Financial Services News Find also International & World Banking & Finance Industry News ALMOST 70% OF ELIGIBLE UAE POPULATION RECEIVES COVID-19 Official spokesperson for the NCEMA, Dr Saif Al Dhaheri. Almost 70 percent of people eligible for the Covid-19 vaccination in the UAE have been inoculated against the virus, according to the latest information from the National Crisis and Emergency Management Authority (NCEMA). Official spokesperson Dr Saif Al Dhaheri told the

weekly UAE

THE ARAB POWER LIST 2021: THE 100 INDIVIDUALS SHAPING THE The Arab Power List 2021: The 100 individuals shaping the Middle East. These 100 individuals have all had a significant impact on life in the Middle East. 2020 was a year that took away power from many of us. But as Victor Frankl wrote in Search for Meaning, how we respond to a situation, not the situation itself, is where true power lies. WHY WHO APPROVAL OF SINOPHARM VACCINE WILL BOOST EUROPEAN The imminent World Health Organisation (WHO) approval of China’s Sinopharm vaccine will be a welcome relief for Middle East travellers and European economies alike, according to Bruno Trenchard, senior manager, Hotels and Hospitality, CBRE Middle East as the EU prepares to potentially ease restrictions on non-essential travel from

overseas.

COVID PANDEMIC TO HAVE 'LONG-LASTING' IMPACT ON GULF Covid pandemic to have 'long-lasting' impact on Gulf banking sector, says S&P. Rating agency says GCC banking ops will remain constrained after setting aside $10.9bn in credit loss provisions. GCC banks' operating performance will remain constrained by the protracted recovery in key economic sectors and low interest rates despite the

recent

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REVEALED: THE COST OF CONSTRUCTION IN GULF COUNTRIES The cost of building in the Middle East is considerably lower than in other global capitals, with Doha ranking the 15th most expensive place to build at an average cost of $2,367 per sq m, while the UAE and Muscat are placed 26th ($1,726) and 30th ($1,397) respectively. The report said that while 2016 saw construction value in the Gulf region REMITTANCES FROM THE UAE SEE SHARP RISE DURING RAMADAN 4 hours ago · The average remittance made by essential workers from the UAE to Pakistan, Sri Lanka, and Ghana during Ramadan saw significant growth, according to new research. By analysing actual transfer data, NOW Money, the GCC’s first digital banking VILLAS CONTINUE TO LEAD DUBAI PROPERTY MARKET OUT OF PRICE 4 hours ago · New research indicates that Dubai residential values have risen by up to 5.4% so far this year Average residential property prices in Dubai have increased by up to 5.4 percent so far in 2021 following further growth in May, according to new research. Real SAUDI ARABIA TAKES BULLISH OIL MESSAGE STRAIGHT TO WALL 3 hours ago · Saudi Energy Minister is scheduled to speak June 16 at the Robin Hood Investors Conference that brings together luminaries of the US hedge-fund industry For the past year, Saudi Energy Minister Prince Abdulaziz bin Salman has fought a war of RAK GOV'T HAILS MANUFACTURING SECTOR AS FITCH DELIVERS 4 hours ago · Government says local manufacturing sector has helped to limit the economic impact of the coronavirus pandemic Ras Al Khaimah officials have hailed the local manufacturing sector for helping limit the economic impact of the coronavirus pandemic UAE APPROVES 'GREEN PASS' PROTOCOL TO SPEED COVID PANDEMIC The UAE’s Ministry of Health and Prevention (MOHAP) said on Monday it has approved the protocol to create a green pass to ease restrictions caused by the Covid-19 pandemic and enhance safe movement and tourism in the country. The green pass will use the Alhosn app to show people's vaccination status and PCR test validity, a statement

said.

UAE SEES HUGE RISE IN REGISTRATION OF FOREIGN INVESTMENT 1 day ago · The UAE's Securities and Commodities Authority (SCA) has announced that it registered a total of 114 foreign investment funds in 2020, a growth of 147 percent compared to the previous year. The authority said in a statement carried by state news agency WAM that the growth confirms the UAE’s CHINA SOUTHERN POWER GRID IN TALKS FOR $4 BILLION TAQA China Southern Power Grid Co. is in talks to acquire about a 10 percent stake in Abu Dhabi National Energy Co., the oil-rich emirate’s biggest utility, people with knowledge of the matter said. The Chinese state-owned firm is in discussions with banks about financing for the potential purchase UNIT OF BAHRAIN'S GFH BUYS TOP OVERSEAS BRITISH SCHOOL IN 23 hours ago · The school is inspected by the British Government and is certified by the British Schools Overseas (BSO), a government office in charge of school supervision in the United Kingdom and UK schools based overseas, the Council of British International Schools (COBIS) and Cambridge Assessment International Education, which places BIST among the top rated British schools overseas. 1.7 MILLION FALL INTO POVERTY AMID ONGOING LEBANON CRISES 1.7 million fall into poverty amid ongoing Lebanon crises. Study by the World Bank and the UN Refugee Agency rules out any economic recovery in Lebanon next year. The study on Syrian refugees and host communities in Jordan, the Kurdistan region of Iraq (KRI) and Lebanon said that Lebanon has been the hardest hit of the three countries by

Covid-19.

WHY THE UAE COULD STAY ON THE UK'S AIR TRAVEL RED LIST The UAE is set to remain on the UK's red list for air travel indefinitely because Dubai and Abu Dhabi are key transit hubs, the country's transport secretary has suggested. Grant Shapps told an online ConservativeHome event that the UAE's status as a global hub meant UK health authorities could not be certain about travellers’

origins.

list and

CORONAVIRUS DUBAI LATEST NEWS AND UPDATES, NEW CASES Coronavirus Dubai News including daily updated Middle East Coronavirus Dubai News, Gulf Investment & Financial headlines, Latest Banking News, Top Financial News, Online Banking & UAE Financial Services News Find also International & World Banking & Finance Industry News OMAN TO VACCINATE 1.5M AGAINST COVID-19 BY THE END OF JUNE Oman has revealed plans to vaccinate 1.5 million people against Covid-19 across the Sultanate by the end of June this year. One million PfizerbioNTech vaccines are scheduled to arrive in Oman during June as well as 100,000 doses from other companies, officials announced at the inaugural meeting of the ministerial team in charge of immunisation against coronavirus at the Ministry of Health. ALMOST 70% OF ELIGIBLE UAE POPULATION RECEIVES COVID-19 Official spokesperson for the NCEMA, Dr Saif Al Dhaheri. Almost 70 percent of people eligible for the Covid-19 vaccination in the UAE have been inoculated against the virus, according to the latest information from the National Crisis and Emergency Management Authority (NCEMA). Official spokesperson Dr Saif Al Dhaheri told the

weekly UAE

KUWAIT TRAVEL BAN

Kuwait travel ban News including daily updated Middle East Kuwait travel ban News, Gulf Investment & Financial headlines, Latest Banking News, Top Financial News, Online Banking & UAE Financial Services News Find also International & World Banking & Finance Industry News HOW EXERCISE IMPACTS MENTAL HEALTH How exercise impacts mental health. Just 150 minutes of movement a week can significantly boost mental wellness and fight depression, said mental health and wellness researcher. The “runners’ high” or the boost in mental wellbeing people often feel after working out is not coincidental, as research indicates that exercise has a

positive

WHY WHO APPROVAL OF SINOPHARM VACCINE WILL BOOST EUROPEAN The imminent World Health Organisation (WHO) approval of China’s Sinopharm vaccine will be a welcome relief for Middle East travellers and European economies alike, according to Bruno Trenchard, senior manager, Hotels and Hospitality, CBRE Middle East as the EU prepares to potentially ease restrictions on non-essential travel from

overseas.

origins.

HOW TO INVEST IN UAE STOCK MARKETS There a few options, thankfully, but perhaps the best first port of call is to contact a trusted equity brokerage or asset management firms. The UAE Securities and Commodities Authority and the UAE Markets themselves – Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) – have a list of licensed and active

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Kuwait travel ban News including daily updated Middle East Kuwait travel ban News, Gulf Investment & Financial headlines, Latest Banking News, Top Financial News, Online Banking & UAE Financial Services News Find also International & World Banking & Finance Industry News HOW EXERCISE IMPACTS MENTAL HEALTH How exercise impacts mental health. Just 150 minutes of movement a week can significantly boost mental wellness and fight depression, said mental health and wellness researcher. The “runners’ high” or the boost in mental wellbeing people often feel after working out is not coincidental, as research indicates that exercise has a

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CORONAVIRUS DUBAI LATEST NEWS AND UPDATES, NEW CASES Coronavirus Dubai News including daily updated Middle East Coronavirus Dubai News, Gulf Investment & Financial headlines, Latest Banking News, Top Financial News, Online Banking & UAE Financial Services News Find also International & World Banking & Finance Industry News CAREEM 'HEAVILY RECRUITING' AS COMPANY CONTINUES TO SHAKE 17 hours ago · UAE-based Careem is “heavily recruiting” new staff as the company continues to drive a course of recovery from the coronavirus pandemic. And it was revealed on Wednesday that its ‘remote first’ programme of working, which was introduced last September and has just launched into its second phase, has played a key role in attracting and retaining top talent. ARAMCO SELLS $6BN OF DOLLAR-DENOMINATED ISLAMIC BONDS 18 hours ago · Saudi Aramco, the world’s biggest energy company, sold $6 billion of bonds on Wednesday in its first dollar-denominated Islamic bond sale.. The state-controlled company sold sukuk due in three, five and 10 years, and the longest portion will yield 120 basis points above Treasuries, according to a person familiar with the

matter.

PANDEMIC RECOVERY CONTINUES, BUT US JOB MARKET REMAINS 12 hours ago · The two most recent job reports have left many watchers scratching their heads, having been hopeful of bumper job gains as the recovery continues The joy of watching financial markets all day long is that we get to experience firsthand market-moving risk events that are both a UAE VENTURE CAPITAL FIRM INVESTS IN US ONLINE UNIVERSITY 11 hours ago · Nexford University, a next-generation online university based in Washington DC, says Global Ventures led $10.8m Pre-Series A funding round A UAE-based venture capital firm has led a funding round for Nexford University, a next-generation online

university based in

BEIN PAYS ABOUT $600 MILLION FOR UEFA SOCCER RIGHTS 13 hours ago · Qatar-based BeIN has paid about $600 million to renew a contract that will allow it to show live games across the MENA region for the next three years BeIN Media Group has retained the exclusive rights to stream the UEFA Champions League soccer tournament across the Middle East and North Africa in a SAUDI PIF COMMITS UP TO $160 MILLION TO GULF 14 hours ago · The Aberdeen Standard Investcorp Infrastructure Partners fund has received the pledge from the PIF along with another $90 million commitment from the Asian Infrastructure Investment Bank Saudi Arabia’s sovereign wealth fund has agreed to commit up to WHY YOU SHOULD NAVIGATE YOUR BUSINESS USING ARTIFICIAL 14 hours ago · Why you should navigate your business using artificial intelligence. The sharp increase in computing power, big data and machine learning is allowing us to reach new heights through the power of AI, as it is also accelerating the deployment of deep data application services in the terra of big data DUBAI'S EMAAR ADDS NEW CONTRACT CLAUSE AFTER PROJECT 18 hours ago · Emaar Properties PJSC, the Dubai-based developer of the world’s tallest tower, is adding a new clause to contracts in response to project delays. The missed deadlines are a “real source of concern” and were caused by plans being changed during HOW EXERCISE IMPACTS MENTAL HEALTH How exercise impacts mental health. Just 150 minutes of movement a week can significantly boost mental wellness and fight depression, said mental health and wellness researcher. The “runners’ high” or the boost in mental wellbeing people often feel after working out is not coincidental, as research indicates that exercise has a

positive

list and

OMAN TO VACCINATE 1.5M AGAINST COVID-19 BY THE END OF JUNE Oman has revealed plans to vaccinate 1.5 million people against Covid-19 across the Sultanate by the end of June this year. One million PfizerbioNTech vaccines are scheduled to arrive in Oman during June as well as 100,000 doses from other companies, officials announced at the inaugural meeting of the ministerial team in charge of immunisation against coronavirus at the Ministry of Health. DUBAI AIRPORTS CEO URGES UK GOVERNMENT TO RETHINK THE UAE A robust and passionate case for the UAE to be taken off the UK’s Red List has been delivered by Paul Griffiths, CEO of Dubai Airports, who remains “mystified” that the Emirates remain on the no-fly zone.. In a wide-ranging interview with Arabian Business, Griffiths outlined his hope that the status may soon change and laid out the comprehensive reasons for a rethink, including Dubai ALMOST 70% OF ELIGIBLE UAE POPULATION RECEIVES COVID-19 Official spokesperson for the NCEMA, Dr Saif Al Dhaheri. Almost 70 percent of people eligible for the Covid-19 vaccination in the UAE have been inoculated against the virus, according to the latest information from the National Crisis and Emergency Management Authority (NCEMA). Official spokesperson Dr Saif Al Dhaheri told the

weekly UAE

WHY SUMMER 2021 WILL SEE A BOOST IN DUBAI TOURISM Why summer 2021 will see a boost in Dubai tourism. Staycations and regional tourism as some international travel restrictions persist are expected to fuel Dubai tourism; full industry recovery is expected by 2023-2024 when the majority will be vaccinated, said Sofitel and

Raffles Dubai chief

KUWAIT TRAVEL BAN

Kuwait travel ban News including daily updated Middle East Kuwait travel ban News, Gulf Investment & Financial headlines, Latest Banking News, Top Financial News, Online Banking & UAE Financial Services News Find also International & World Banking & Finance Industry News WHY WHO APPROVAL OF SINOPHARM VACCINE WILL BOOST EUROPEAN The imminent World Health Organisation (WHO) approval of China’s Sinopharm vaccine will be a welcome relief for Middle East travellers and European economies alike, according to Bruno Trenchard, senior manager, Hotels and Hospitality, CBRE Middle East as the EU prepares to potentially ease restrictions on non-essential travel from

overseas.

DUBAI EXPANDS TOURISM AMBITIONS, SETS NEW TARGET FOR 2025 Dubai expands tourism ambitions, sets new target for 2025. Dubai's new goals include attracting 21-23 million tourists by 2022, and 23-25 million by 2025. Building on the efforts to attract 20 million tourists annually by 2020, the year of Dubai Expo, REVEALED: THE COST OF CONSTRUCTION IN GULF COUNTRIES The cost of building in the Middle East is considerably lower than in other global capitals, with Doha ranking the 15th most expensive place to build at an average cost of $2,367 per sq m, while the UAE and Muscat are placed 26th ($1,726) and 30th ($1,397) respectively. The report said that while 2016 saw construction value in the Gulf region DUBAI NEWS, ABU DHABI NEWS, MIDDLE EAST BUSINESS NEWSCORONAVIRUSGCCF&B OUTLETSUAEHEALTHCARE TECHNOLOGYCITYSCAPE Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including,Banking & Finance,Construction,Energy,Media & Marketing, Real Estate UAE REMAINS ON UK'S TRAVEL RED LIST, BAHRAIN ADDED AS UAE remains on UK's travel red list, Bahrain added as Covid concerns rise. The UAE will remain on Britain’s travel red list for the foreseeable future, the UK government announced on Thursday, in a “hammer blow" for the local tourism and business community. In an unprecedented move, no new countries were added to the UK’s green

list and

weekly UAE

Raffles Dubai chief

KUWAIT TRAVEL BAN

Kuwait travel ban News including daily updated Middle East Kuwait travel ban News, Gulf Investment & Financial headlines, Latest Banking News, Top Financial News, Online Banking & UAE Financial Services News Find also International & World Banking & Finance Industry News WHY WHO APPROVAL OF SINOPHARM VACCINE WILL BOOST EUROPEAN The imminent World Health Organisation (WHO) approval of China’s Sinopharm vaccine will be a welcome relief for Middle East travellers and European economies alike, according to Bruno Trenchard, senior manager, Hotels and Hospitality, CBRE Middle East as the EU prepares to potentially ease restrictions on non-essential travel from

overseas.

DUBAI EXPANDS TOURISM AMBITIONS, SETS NEW TARGET FOR 2025 Dubai expands tourism ambitions, sets new target for 2025. Dubai's new goals include attracting 21-23 million tourists by 2022, and 23-25 million by 2025. Building on the efforts to attract 20 million tourists annually by 2020, the year of Dubai Expo, REVEALED: THE COST OF CONSTRUCTION IN GULF COUNTRIES The cost of building in the Middle East is considerably lower than in other global capitals, with Doha ranking the 15th most expensive place to build at an average cost of $2,367 per sq m, while the UAE and Muscat are placed 26th ($1,726) and 30th ($1,397) respectively. The report said that while 2016 saw construction value in the Gulf region A CITY FOR OUR GENERATION: HOW DUBAI SERVES AS A LIFEBUOY 16 hours ago · A city for our generation: How Dubai serves as a lifebuoy. Dubai's ability to open safely to tourists and new residents during the pandemic has meant the city is a place where plans can be made and personal and professional goals can be achieved INFRASTRUCTURE AT AZIZI DEVELOPMENTS' RIVIERA NEARING 14 hours ago · Works including roads, sidewalks and lamp posts are seeing remarkable progress, with the community now visibly taking shape Azizi Developments, a leading private developer in the UAE, has announced the swift progress of the infrastructure at Riviera,

Dubai’s new

EMIRATES NBD HAILS $750M BOND LISTING AMID UAE ECONOMIC 11 hours ago · Shayne Nelson, group CEO of Emirates NBD, on Wednesday rang the market-opening bell at Nasdaq Dubai to celebrate the listing of a $750 million bond. The listing of this additional Tier 1 Capital bond reinforces Emirates NBD’s position as the largest financial services bond issuer on Nasdaq Dubai MIDDLE EAST AIRLINES SEE 82.8% SLUMP IN PASSENGER DEMAND 12 hours ago · Capacity declined 65.3 percent and load factor fell 41.1 percent to 39.6 percent, IATA said. Middle East travel continues to be hit by government-imposed restrictions around the world, with the UAE particularly frustrated at remaining on the UK's red list, a normally lucrative route for carriers. JAZEERA SET TO LAUNCH HEATHROW FLIGHTS DESPITE KUWAIT'S 11 hours ago · The announcement comes as Kuwait remains on the UK's amber list for travel restrictions, meaning all travellers require a PCR test within 72 hours of their departure, as well as to book and pay in advance for two PCR tests on day 2 and day 8 from their arrival to London, in addition to completing a passenger locator form. ABU DHABI'S YAHSAT AND AIRBUS ON STEADY PATH TO DELIVER 18 hours ago · The next generation satellite will be Yahsat's 6th and is part of a programme delivering a new L-band ecosystem Al Yah Satellite Communications Company (Yahsat), the Abu Dhabi-based global satellite operator wholly-owned by Mubadala, is on the path to SAUDI ARABIA TO LIFT COVID-19 TRAVEL BAN FOR 11 COUNTRIES Saudi Arabia to resume tourist visas for 11 countries from Sunday. Ministry of Interior says visitors from the UAE, Germany, the US, Ireland, Italy, Portugal, the UK, Sweden, Switzerland, France and Japan will be welcomed. Saudi Arabia will resume issuing tourist visas to visitors from a select group of countries including the UAE and the

UK

HOW TO CREATE A MUCH-NEEDED BALANCE IN TODAY'S WORLD 17 hours ago · When we think of an ideal world, the one that comes to mind is a world devoid of discrimination, grief, poverty, hunger, and all things bad. Nothing could be further from the truth. We live in a world where discrimination exists, so does hunger, grief is a part of life, and poverty is a plague we BEHIND THE SAUDI STARTUP USING SALTWATER IN AGRICULTURE 20 hours ago · On Monday, the startup raised $10 million in venture capital investment from Saudi and Emirati investors, enabling to test its technology and prove its validity at a wider scale, explained Lefers. Ryan Lefers, co-founder and chief executive of Red Sea Farms “We're building some new facilities and upgrading existing ones to demonstrate that the technology can work on a commercial scale; this MIDDLE EAST PHYSICAL OIL OFF TO STRONG START ON DEMAND 18 hours ago · Premiums for August-loading Oman oil surged against the region's main pricing benchmark and timespreads for Dubai crude rallied The physical market for Middle Eastern crude started the month strongly, backed by expectations for robust Asian demand and the likelihood of less supply leaving the US and DUBAI NEWS, ABU DHABI NEWS, MIDDLE EAST BUSINESS NEWSCORONAVIRUSGCCF&B OUTLETSUAEHEALTHCARE TECHNOLOGYCITYSCAPE Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including,Banking & Finance,Construction,Energy,Media & Marketing, Real Estate UAE REMAINS ON UK'S TRAVEL RED LIST, BAHRAIN ADDED AS UAE remains on UK's travel red list, Bahrain added as Covid concerns rise. The UAE will remain on Britain’s travel red list for the foreseeable future, the UK government announced on Thursday, in a “hammer blow" for the local tourism and business community. In an unprecedented move, no new countries were added to the UK’s green

list and

weekly UAE

overseas.

brokers on their

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weekly UAE

overseas.

brokers on their

REVEALED: THE COST OF CONSTRUCTION IN GULF COUNTRIES The cost of building in the Middle East is considerably lower than in other global capitals, with Doha ranking the 15th most expensive place to build at an average cost of $2,367 per sq m, while the UAE and Muscat are placed 26th ($1,726) and 30th ($1,397) respectively. The report said that while 2016 saw construction value in the Gulf region WHAT VISION 2040 MEANS TO DUBAI'S BUSINESSES What Vision 2040 means to Dubai's businesses. The new urban masterplan will enhance the emirate's "investment appeal", said committee chairman. In what is widely seen as a move that will further enhance Dubai’s appeal to investors, visitors and potential residents alike, the emirate’s ruler launched Dubai 2040 Urban Master Plan, a roadmap VALUE OF PROPERTY TRANSACTIONS IN DUBAI HITS FOUR-YEAR 22 hours ago · May saw the highest value of property transactions in Dubai in four years, according to Property Finder, with the total real estate spend in the emirate in excess of AED11.11 billion ($3bn). The latest research revealed there were 4,429 deals throughout the month, which was 8.1 percent less than IRAQ PLANS TO GO NUCLEAR TO RESOLVE CRIPPLING POWER 15 hours ago · Years of neglect combined with plunging crude prices last year deprived the state of funds to maintain and expand the electricity system Iraq is developing a $40 billion plan for nuclear power as the electricity-starved petrostate seeks to end the widespread blackouts that have sparked social unrest CFI FINANCIAL GROUP LAUNCHES NEW AND IMPROVED WEBSITE 20 hours ago · CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, has launched a new and improved website under the same URL: www.cfifinancial.com. The website includes a completely redesigned and appealing user interface alongside a straightforward, and easy-to-navigate experience. SAUDI ARABIA TO LIFT COVID-19 TRAVEL BAN FOR 11 COUNTRIES Saudi Arabia to resume tourist visas for 11 countries from Sunday. Ministry of Interior says visitors from the UAE, Germany, the US, Ireland, Italy, Portugal, the UK, Sweden, Switzerland, France and Japan will be welcomed. Saudi Arabia will resume issuing tourist visas to visitors from a select group of countries including the UAE and the

UK

QUICKER TRANSPORT SAVES LIVES DURING A PANDEMIC 21 hours ago · Quicker transport saves lives during a pandemic. Logistics costs in the end-to-end vaccine supply chain logistics add up to less than 1 percent of the total vaccination costs, quicker transportation not only saves more lives but also helps in economic recovery - by shortening or doing away with the need for lockdowns COMBATTING UAE'S $3.5BN ANNUAL FOOD-WASTE CHALLENGE 21 hours ago · Up to 50 percent of food wasted can be avoided, saving a business 3 percent of its food cost Whether it’s the leftovers after a typical Middle Eastern feast or the produce that’s discarded in the kitchen during meal preparations, food waste is major global issue with 1.3 billion tonnes of food FINDING THE PATH TO SUSTAINABLE MOBILITY IN THE GCC 21 hours ago · GCC cities need to "invert the transport pyramid" by moving away as far as possible from privately-owned cars and toward public transport, and other mobility options GCC countries have ambitious goals to reduce greenhouse-gas emissions and SAUDI LABOUR MARKET START-UP MARN CLOSES FIRST FUNDING 22 hours ago · Marn, a Saudi Arabia-based start-up operating in the labour market, has closed a funding deal with a group of home grown venture capitals and investors, its chief executive said. The investment is to be used for upgrading the start-up’s technology platform, hiring employees and boosting marketing WHY THE UAE COULD STAY ON THE UK'S AIR TRAVEL RED LIST The UAE is set to remain on the UK's red list for air travel indefinitely because Dubai and Abu Dhabi are key transit hubs, the country's transport secretary has suggested. Grant Shapps told an online ConservativeHome event that the UAE's status as a global hub meant UK health authorities could not be certain about travellers’

origins.

PEOPLE NEED TO MOVE FOR THE PROPERTY MARKET TO MOVE 21 hours ago · People need to move for the property market to move. Demand is at a high last seen before the well-documented worldwide crisis kicked in 2008. Despite the enormous amount of villas being built, there is an undersupply in the established residential areas DUBAI NEWS, ABU DHABI NEWS, MIDDLE EAST BUSINESS NEWSCORONAVIRUSGCCF&B OUTLETSUAEHEALTHCARE TECHNOLOGYCITYSCAPE Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including,Banking & Finance,Construction,Energy,Media & Marketing, Real Estate UAE REMAINS ON UK'S TRAVEL RED LIST, BAHRAIN ADDED AS UAE remains on UK's travel red list, Bahrain added as Covid concerns rise. The UAE will remain on Britain’s travel red list for the foreseeable future, the UK government announced on Thursday, in a “hammer blow" for the local tourism and business community. In an unprecedented move, no new countries were added to the UK’s green

list and

weekly UAE

overseas.

brokers on their

list and

weekly UAE

overseas.

brokers on their

REVEALED: THE COST OF CONSTRUCTION IN GULF COUNTRIES The cost of building in the Middle East is considerably lower than in other global capitals, with Doha ranking the 15th most expensive place to build at an average cost of $2,367 per sq m, while the UAE and Muscat are placed 26th ($1,726) and 30th ($1,397) respectively. The report said that while 2016 saw construction value in the Gulf region WHAT VISION 2040 MEANS TO DUBAI'S BUSINESSES What Vision 2040 means to Dubai's businesses. The new urban masterplan will enhance the emirate's "investment appeal", said committee chairman. In what is widely seen as a move that will further enhance Dubai’s appeal to investors, visitors and potential residents alike, the emirate’s ruler launched Dubai 2040 Urban Master Plan, a roadmap IRAQ PLANS TO GO NUCLEAR TO RESOLVE CRIPPLING POWER 11 hours ago · Years of neglect combined with plunging crude prices last year deprived the state of funds to maintain and expand the electricity system Iraq is developing a $40 billion plan for nuclear power as the electricity-starved petrostate seeks to end the widespread blackouts that have sparked social unrest CFI FINANCIAL GROUP LAUNCHES NEW AND IMPROVED WEBSITE 16 hours ago · CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, has launched a new and improved website under the same URL: www.cfifinancial.com. The website includes a completely redesigned and appealing user interface alongside a straightforward, and easy-to-navigate experience. REVEALED: HOW THE UAE'S LARGEST BANKS BOUNCED BACK DURING 11 hours ago · The 10 largest listed banks in the UAE saw aggregate net income jump by 85 percent in the first quarter of 2021 compared to the previous three months, according to new research from global professional services firm Alvarez & Marsal. Its latest UAE Banking

Pulse for

WHY YOU SHOULD FORGET YOUR CUSTOMERS FOR A MINUTE 14 hours ago · “The biggest single problem in communication is the illusion that it has taken place.” Attributed to Irish playwright George Bernard Shaw, this insight highlights one of the thorniest challenges business owners face post-Covid. TEN NEW SCHOOLS SET TO OPEN IN DUBAI AMID RISING DEMAND 11 hours ago · Dubai’s Knowledge and Human Development Authority (KHDA) announced on Tuesday that 10 new schools are set to open in Dubai in the 2021-22 academic year. An additional 14,671 new seats will be added to Dubai’s education landscape with the opening of the new schools, according to new data released SAUDI ARABIA TO LIFT COVID-19 TRAVEL BAN FOR 11 COUNTRIES Saudi Arabia to resume tourist visas for 11 countries from Sunday. Ministry of Interior says visitors from the UAE, Germany, the US, Ireland, Italy, Portugal, the UK, Sweden, Switzerland, France and Japan will be welcomed. Saudi Arabia will resume issuing tourist visas to visitors from a select group of countries including the UAE and the

UK

SAUDI WEALTH FUND APPOINTS DEPUTY GOVERNORS TO SPUR GROWTH 11 hours ago · Saudi Arabia’s $430 billion sovereign wealth fund has appointed two deputy governors as it expands investments in the oil-rich kingdom and abroad. Turqi Alnowaiser and Yazeed Alhumied will take on the new roles alongside their current responsibilities “to support the fund’s continued growth FINDING THE PATH TO SUSTAINABLE MOBILITY IN THE GCC 17 hours ago · GCC cities need to "invert the transport pyramid" by moving away as far as possible from privately-owned cars and toward public transport, and other mobility options GCC countries have ambitious goals to reduce greenhouse-gas emissions and WHY THE UAE COULD STAY ON THE UK'S AIR TRAVEL RED LIST The UAE is set to remain on the UK's red list for air travel indefinitely because Dubai and Abu Dhabi are key transit hubs, the country's transport secretary has suggested. Grant Shapps told an online ConservativeHome event that the UAE's status as a global hub meant UK health authorities could not be certain about travellers’

origins.

PEOPLE NEED TO MOVE FOR THE PROPERTY MARKET TO MOVE 17 hours ago · People need to move for the property market to move. Demand is at a high last seen before the well-documented worldwide crisis kicked in 2008. Despite the enormous amount of villas being built, there is an undersupply in the established residential areas DUBAI NEWS, ABU DHABI NEWS, MIDDLE EAST BUSINESS NEWSCORONAVIRUSGCCF&B OUTLETSUAEHEALTHCARE TECHNOLOGYCITYSCAPE Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including,Banking & Finance,Construction,Energy,Media & Marketing, Real Estate UAE REMAINS ON UK'S TRAVEL RED LIST, BAHRAIN ADDED AS UAE remains on UK's travel red list, Bahrain added as Covid concerns rise. The UAE will remain on Britain’s travel red list for the foreseeable future, the UK government announced on Thursday, in a “hammer blow" for the local tourism and business community. In an unprecedented move, no new countries were added to the UK’s green

list and

IRAQ PLANS TO GO NUCLEAR TO RESOLVE CRIPPLING POWER 3 hours ago · Years of neglect combined with plunging crude prices last year deprived the state of funds to maintain and expand the electricity system Iraq is developing a $40 billion plan for nuclear power as the electricity-starved petrostate seeks to end the widespread blackouts that have sparked social unrest REVEALED: HOW THE UAE'S LARGEST BANKS BOUNCED BACK DURING 3 hours ago · The 10 largest listed banks in the UAE saw aggregate net income jump by 85 percent in the first quarter of 2021 compared to the previous three months, according to new research from global professional services firm Alvarez & Marsal. Its latest UAE Banking

Pulse for

TEN NEW SCHOOLS SET TO OPEN IN DUBAI AMID RISING DEMAND 3 hours ago · Dubai’s Knowledge and Human Development Authority (KHDA) announced on Tuesday that 10 new schools are set to open in Dubai in the 2021-22 academic year. An additional 14,671 new seats will be added to Dubai’s education landscape with the opening of SAUDI WEALTH FUND APPOINTS DEPUTY GOVERNORS TO SPUR GROWTH 3 hours ago · Saudi Arabia’s $430 billion sovereign wealth fund has appointed two deputy governors as it expands investments in the oil-rich kingdom and abroad. Turqi Alnowaiser and Yazeed Alhumied will take on the new roles alongside their current responsibilities “to support the fund’s continued growth DUBAI AIRPORTS CEO URGES UK GOVERNMENT TO RETHINK THE UAE A robust and passionate case for the UAE to be taken off the UK’s Red List has been delivered by Paul Griffiths, CEO of Dubai Airports, who remains “mystified” that the Emirates remain on the no-fly zone.. In a wide-ranging interview with Arabian Business, Griffiths outlined his hope that the status may soon change and laid out the comprehensive reasons for a rethink, including Dubai ALMOST 70% OF ELIGIBLE UAE POPULATION RECEIVES COVID-19 Official spokesperson for the NCEMA, Dr Saif Al Dhaheri. Almost 70 percent of people eligible for the Covid-19 vaccination in the UAE have been inoculated against the virus, according to the latest information from the National Crisis and Emergency Management Authority (NCEMA). Official spokesperson Dr Saif Al Dhaheri told the

weekly UAE

overseas.

brokers on their

list and

OMAN TO VACCINATE 1.5M AGAINST COVID-19 BY THE END OF JUNE Oman has revealed plans to vaccinate 1.5 million people against Covid-19 across the Sultanate by the end of June this year. One million PfizerbioNTech vaccines are scheduled to arrive in Oman during June as well as 100,000 doses from other companies, officials announced at the inaugural meeting of the ministerial team in charge of immunisation against coronavirus at the Ministry of Health. DUBAI AIRPORTS CEO URGES UK GOVERNMENT TO RETHINK THE UAE A robust and passionate case for the UAE to be taken off the UK’s Red List has been delivered by Paul Griffiths, CEO of Dubai Airports, who remains “mystified” that the Emirates remain on the no-fly zone.. In a wide-ranging interview with Arabian Business, Griffiths outlined his hope that the status may soon change and laid out the comprehensive reasons for a rethink, including Dubai WHY WHO APPROVAL OF SINOPHARM VACCINE WILL BOOST EUROPEAN The imminent World Health Organisation (WHO) approval of China’s Sinopharm vaccine will be a welcome relief for Middle East travellers and European economies alike, according to Bruno Trenchard, senior manager, Hotels and Hospitality, CBRE Middle East as the EU prepares to potentially ease restrictions on non-essential travel from

overseas.

ALMOST 70% OF ELIGIBLE UAE POPULATION RECEIVES COVID-19 Official spokesperson for the NCEMA, Dr Saif Al Dhaheri. Almost 70 percent of people eligible for the Covid-19 vaccination in the UAE have been inoculated against the virus, according to the latest information from the National Crisis and Emergency Management Authority (NCEMA). Official spokesperson Dr Saif Al Dhaheri told the

weekly UAE

brokers on their

Pulse for

VALUE OF PROPERTY TRANSACTIONS IN DUBAI HITS FOUR-YEAR 10 hours ago · May saw the highest value of property transactions in Dubai in four years, according to Property Finder, with the total real estate spend in the emirate in excess of AED11.11 billion ($3bn). The latest research revealed there were 4,429 deals throughout the month, which was 8.1 percent less than TEN NEW SCHOOLS SET TO OPEN IN DUBAI AMID RISING DEMAND 3 hours ago · Dubai’s Knowledge and Human Development Authority (KHDA) announced on Tuesday that 10 new schools are set to open in Dubai in the 2021-22 academic year. An additional 14,671 new seats will be added to Dubai’s education landscape with the opening of WHY YOU SHOULD FORGET YOUR CUSTOMERS FOR A MINUTE 6 hours ago · “The biggest single problem in communication is the illusion that it has taken place.” Attributed to Irish playwright George Bernard Shaw, this insight highlights one of the thorniest challenges business owners face post-Covid. SAUDI WEALTH FUND APPOINTS DEPUTY GOVERNORS TO SPUR GROWTH 3 hours ago · Saudi Arabia’s $430 billion sovereign wealth fund has appointed two deputy governors as it expands investments in the oil-rich kingdom and abroad. Turqi Alnowaiser and Yazeed Alhumied will take on the new roles alongside their current responsibilities “to support the fund’s continued growth CFI FINANCIAL GROUP LAUNCHES NEW AND IMPROVED WEBSITE 8 hours ago · CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, has launched a new and improved website under the same URL: www.cfifinancial.com. The website includes a completely redesigned and appealing user interface alongside a straightforward, and easy-to-navigate experience. SAUDI ARABIA TO LIFT COVID-19 TRAVEL BAN FOR 11 COUNTRIES Saudi Arabia to resume tourist visas for 11 countries from Sunday. Ministry of Interior says visitors from the UAE, Germany, the US, Ireland, Italy, Portugal, the UK, Sweden, Switzerland, France and Japan will be welcomed. Saudi Arabia will resume issuing tourist visas to visitors from a select group of countries including the UAE and the

UK

FINDING THE PATH TO SUSTAINABLE MOBILITY IN THE GCC 9 hours ago · GCC cities need to "invert the transport pyramid" by moving away as far as possible from privately-owned cars and toward public transport, and other mobility options GCC countries have ambitious goals to reduce greenhouse-gas emissions and WHY THE UAE COULD STAY ON THE UK'S AIR TRAVEL RED LIST The UAE is set to remain on the UK's red list for air travel indefinitely because Dubai and Abu Dhabi are key transit hubs, the country's transport secretary has suggested. Grant Shapps told an online ConservativeHome event that the UAE's status as a global hub meant UK health authorities could not be certain about travellers’

origins.

DUBAI NEWS, ABU DHABI NEWS, MIDDLE EAST BUSINESS NEWSCORONAVIRUSGCCF&B OUTLETSUAEHEALTHCARE TECHNOLOGYCITYSCAPE Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including,Banking & Finance,Construction,Energy,Media & Marketing, Real Estate CFI FINANCIAL GROUP LAUNCHES NEW AND IMPROVED WEBSITE 3 hours ago · CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, has launched a new and improved website under the same URL: www.cfifinancial.com. The website includes a completely redesigned and appealing user interface alongside a straightforward, and easy-to-navigate experience. UAE FINTECH APP ZIINA CLOSES $7.5M FUNDING ROUND 3 hours ago · Investment to be used to fuel expansion into Saudi Arabia and launch new wallet service UAE-based Ziina has announced its latest funding round of $7.5 million, which will be used to launch its new wallet service and fuel expansion into Saudi Arabia. The country’s first licensed social peer-to-peer UAE REMAINS ON UK'S TRAVEL RED LIST, BAHRAIN ADDED AS UAE remains on UK's travel red list, Bahrain added as Covid concerns rise. The UAE will remain on Britain’s travel red list for the foreseeable future, the UK government announced on Thursday, in a “hammer blow" for the local tourism and business community. In an unprecedented move, no new countries were added to the UK’s green

list and

CORONAVIRUS DUBAI LATEST NEWS AND UPDATES, NEW CASES Coronavirus Dubai News including daily updated Middle East Coronavirus Dubai News, Gulf Investment & Financial headlines, Latest Banking News, Top Financial News, Online Banking & UAE Financial Services News Find also International & World Banking & Finance Industry News DUBAI AIRPORTS CEO URGES UK GOVERNMENT TO RETHINK THE UAE A robust and passionate case for the UAE to be taken off the UK’s Red List has been delivered by Paul Griffiths, CEO of Dubai Airports, who remains “mystified” that the Emirates remain on the no-fly zone.. In a wide-ranging interview with Arabian Business, Griffiths outlined his hope that the status may soon change and laid out the comprehensive reasons for a rethink, including Dubai OMAN TO VACCINATE 1.5M AGAINST COVID-19 BY THE END OF JUNE Oman has revealed plans to vaccinate 1.5 million people against Covid-19 across the Sultanate by the end of June this year. One million PfizerbioNTech vaccines are scheduled to arrive in Oman during June as well as 100,000 doses from other companies, officials announced at the inaugural meeting of the ministerial team in charge of immunisation against coronavirus at the Ministry of Health. WHY WHO APPROVAL OF SINOPHARM VACCINE WILL BOOST EUROPEAN The imminent World Health Organisation (WHO) approval of China’s Sinopharm vaccine will be a welcome relief for Middle East travellers and European economies alike, according to Bruno Trenchard, senior manager, Hotels and Hospitality, CBRE Middle East as the EU prepares to potentially ease restrictions on non-essential travel from

overseas.

weekly UAE

brokers on their

list and

OMAN TO VACCINATE 1.5M AGAINST COVID-19 BY THE END OF JUNE Oman has revealed plans to vaccinate 1.5 million people against Covid-19 across the Sultanate by the end of June this year. One million PfizerbioNTech vaccines are scheduled to arrive in Oman during June as well as 100,000 doses from other companies, officials announced at the inaugural meeting of the ministerial team in charge of immunisation against coronavirus at the Ministry of Health. DUBAI AIRPORTS CEO URGES UK GOVERNMENT TO RETHINK THE UAE A robust and passionate case for the UAE to be taken off the UK’s Red List has been delivered by Paul Griffiths, CEO of Dubai Airports, who remains “mystified” that the Emirates remain on the no-fly zone.. In a wide-ranging interview with Arabian Business, Griffiths outlined his hope that the status may soon change and laid out the comprehensive reasons for a rethink, including Dubai WHY WHO APPROVAL OF SINOPHARM VACCINE WILL BOOST EUROPEAN The imminent World Health Organisation (WHO) approval of China’s Sinopharm vaccine will be a welcome relief for Middle East travellers and European economies alike, according to Bruno Trenchard, senior manager, Hotels and Hospitality, CBRE Middle East as the EU prepares to potentially ease restrictions on non-essential travel from

overseas.

weekly UAE

brokers on their

REVEALED: THE COST OF CONSTRUCTION IN GULF COUNTRIES The cost of building in the Middle East is considerably lower than in other global capitals, with Doha ranking the 15th most expensive place to build at an average cost of $2,367 per sq m, while the UAE and Muscat are placed 26th ($1,726) and 30th ($1,397) respectively. The report said that while 2016 saw construction value in the Gulf region WHAT VISION 2040 MEANS TO DUBAI'S BUSINESSES What Vision 2040 means to Dubai's businesses. The new urban masterplan will enhance the emirate's "investment appeal", said committee chairman. In what is widely seen as a move that will further enhance Dubai’s appeal to investors, visitors and potential residents alike, the emirate’s ruler launched Dubai 2040 Urban Master Plan, a roadmap EMIRATES RELAUNCHES UK PASSENGER FLIGHTS DESPITE CONTINUED 6 hours ago · Emirates is to resume flights to London Heathrow from Tuesday, while passenger flights to Birmingham will take to the skies from June 15. According to a post on the Dubai carrier’s website, the airline will be “accepting eligible travellers” for the flights. Emirates joins Abu Dhabi-based UAE FINTECH APP ZIINA CLOSES $7.5M FUNDING ROUND 3 hours ago · Investment to be used to fuel expansion into Saudi Arabia and launch new wallet service UAE-based Ziina has announced its latest funding round of $7.5 million, which will be used to launch its new wallet service and fuel expansion into Saudi Arabia. The country’s first licensed social peer-to-peer CFI FINANCIAL GROUP LAUNCHES NEW AND IMPROVED WEBSITE 3 hours ago · CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, has launched a new and improved website under the same URL: www.cfifinancial.com. The website includes a completely redesigned and appealing user interface alongside a straightforward, and easy-to-navigate experience. SAUDI ARABIA TO LIFT COVID-19 TRAVEL BAN FOR 11 COUNTRIES Saudi Arabia to resume tourist visas for 11 countries from Sunday. Ministry of Interior says visitors from the UAE, Germany, the US, Ireland, Italy, Portugal, the UK, Sweden, Switzerland, France and Japan will be welcomed. Saudi Arabia will resume issuing tourist visas to visitors from a select group of countries including the UAE and the

UK

COMBATTING UAE'S $3.5BN ANNUAL FOOD-WASTE CHALLENGE 4 hours ago · Up to 50 percent of food wasted can be avoided, saving a business 3 percent of its food cost Whether it’s the leftovers after a typical Middle Eastern feast or the produce that’s discarded in the kitchen during meal preparations, food waste is major global issue with 1.3 billion tonnes of food QUICKER TRANSPORT SAVES LIVES DURING A PANDEMIC 4 hours ago · Quicker transport saves lives during a pandemic. Logistics costs in the end-to-end vaccine supply chain logistics add up to less than 1 percent of the total vaccination costs, quicker transportation not only saves more lives but also helps in economic recovery - by shortening or doing away with the need for lockdowns SAUDI LABOUR MARKET START-UP MARN CLOSES FIRST FUNDING 5 hours ago · Marn, a Saudi Arabia-based start-up operating in the labour market, has closed a funding deal with a group of home grown venture capitals and investors, its chief executive said. The investment is to be used for upgrading the start-up’s technology platform, hiring employees and boosting marketing FINDING THE PATH TO SUSTAINABLE MOBILITY IN THE GCC 5 hours ago · GCC cities need to "invert the transport pyramid" by moving away as far as possible from privately-owned cars and toward public transport, and other mobility options GCC countries have ambitious goals to reduce greenhouse-gas emissions and WHY THE UAE COULD STAY ON THE UK'S AIR TRAVEL RED LIST The UAE is set to remain on the UK's red list for air travel indefinitely because Dubai and Abu Dhabi are key transit hubs, the country's transport secretary has suggested. Grant Shapps told an online ConservativeHome event that the UAE's status as a global hub meant UK health authorities could not be certain about travellers’

origins.

PEOPLE NEED TO MOVE FOR THE PROPERTY MARKET TO MOVE 4 hours ago · People need to move for the property market to move. Demand is at a high last seen before the well-documented worldwide crisis kicked in 2008. Despite the enormous amount of villas being built, there is an undersupply in the established residential areas

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SIX NEW CASES OF CORONAVIRUS CONFIRMED IN BAHRAIN Two Bahraini citizens and four Saudi nationals arrived at Bahrain International Airport from Iran via Dubai It takes the total number of cases in Bahrain up to eight. Six new cases of the deadly coronavirus were confirmed in Bahrain on

Tuesday morning.

The cases were registered after two Bahraini citizens (one male and one female) and four Saudi nationals (four females) arrived at Bahrain International Airport from Iran via Dubai and were examined as part of the precautionary measures taken in light of the global Coronavirus (COVID-19) outbreak. The Ministry of Health revealed that tests were taken in a designated and isolated area of the airport, where the positive results for COVID-19 were confirmed. It takes the total number of cases in Bahrain up to eight. UAE SUSPENDS ALL IRAN PASSENGER, CARGO FLIGHTS FOR SEVEN DAYS The decision is effective Tuesday until further notice, the UAE civil aviation authority said in a statement The ministry added that individuals who were accompanying them were also moved to isolation as a precautionary measure after testing negative for the virus. The infected individuals arrived in the kingdom before the Civil Aviation Authority’s decision to suspend flights from Dubai International Airport

for 48 hours.

The ministry has called upon all citizens and residents who are experiencing symptoms of COVID19 to isolate themselves, call ‪444, follow the instructions given by the medical team, and avoid close contact with others. _For all the latest health tips

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GAVIN GIBBON

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