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BUSINESS
INVESTMENT
Dubai’s DP World says India’s NIIF fund to invest $300mln in subsidiary
RENEWABLE ENERGY
UAE, Germany discuss cooperation in clean energy
VACCINE
BioNTech, Pfizer to starting testing universal coronavirus vaccine in H2
RETAIL
H&M flags more price hikes, profits boosted by fewer discounts
RENEWABLE ENERGY
UAE emerging as major investor in renewables
TECHNOLOGY
Microsoft expands operations in Qatar with new facility
ENERGY
UAE to produce world’s most energy-efficient AC unit
AVIATION
EMPLOYMENT
Germany to fast-track foreign airport workers to ease travel chaos
AIRLINES
Poland reaches deal with air traffic controllers, avoiding flight chaos
AIRLINES
Searches for overseas flights surge after China shortens quarantine
AIRLINES
Etihad Airways to welcome over 2.7mln guests this summer
BANKING & INSURANCE
FINANCIAL SERVICES
Mid-year outlook for Middle East banks ‘improving’, supported by higher oil prices: Fitch
FINANCIAL SERVICES
Central Bank of Bahrain decides to stop bank loan deferrals
FINANCIAL SERVICES
Kuwait’s KIPCO signs $375mln credit facility
CAREERS
EMPLOYMENT
22,000 new workers enter Kuwait labor market in 3 months
EMPLOYMENT
Saudi Arabia, Sierra Leone sign two agreements to recruit public and domestic workers
jobs
UAE: Digital hub to help people of determination find equal-paying jobs in region
POLICY
‘Runaway’ status can be rectified without employer’s consent: Saudi's MHRSD
jobs
Second phase of Saudization of jobs in cinema sector begins June 23
EMPLOYMENT
Saudi ministry issues 6 decisions to localize jobs, provide 33,000 opportunities
EDUCATION
EDUCATION
Abu Dhabi & Dubai to host Najah Fair in October
EDUCATION
KPMG: Autonomous universities offer distinctive advantages for Saudi Arabia
EDUCATION
NEOM appoints founding president of its flagship university ‘NEOM U’
EDUCATION
Bahrain's BAETC opens admissions for aircraft engineering courses
ENERGY
ENERGY
QatarEnergy aims to remove methane footprint by 2030
ENERGY
Libya's NOC: Egypt's Petrojet to return to work in the country after 11 years
ALTERNATIVE ENERGY
Land deal signed for green hydrogen, ammonia project in Duqm
FINTECH
FINTECH
DIFC contributes more than 12% of Dubai’s GDP: Essa Kazim
FINTECH
valU, Arab Developers’ partnership to offer instalment solutions
FINTECH
Egypt’s PaySky launches services for UAE residents
FINTECH
DIFC launches region's first Open Finance Lab
HEALTHCARE
EQUITIES
Speed Medical switches to losses in Q1
HEALTH
‘Sehati’ health card to be rolled out soon in Bahrain
ECONOMY
Zayed Charitable and Humanitarian Foundation signs agreement to establish several projects in Zanzibar
CORONAVIRUS
New COVID-19 cases rise past 1,000 once again in Saudi Arabia
CONSTRUCTION
Saudi’s Mouwasat Medical Services to build new hospital in Riyadh
ENVIRONMENT
At flooded cancer hospital in northeast India, chemotherapy given on the road outside
HOSPITALITY
HOSPITALITY
HOSPITALITY
Accor recruiting 12,000 temporary workers to help accommodate Qatar's World Cup fans
HOSPITALITY
Khorfakkan to have a luxury hotel, water park and over 200 residential units
HOSPITALITY
Residence Inn by Marriott Welcomes its largest, tallest hotel on Sheikh Zayed Road
HOSPITALITY
Misr Hotels repays $20.39mln of NBE's loan, unveils estimated profits
HOSPITALITY
Radisson to expand in APAC, eyes 400% growth by 2025
MANUFACTURING
MANUFACTURING
UKEF provides $81mln to Jordan’s Classic Fashion to build new factories
MANUFACTURING
POLL-China's June factory activity likely expanded for first time in 4 months
MANUFACTURING
India to ban single-use plastic items from July 1
PROFESSIONAL SERVICES
SAUDI ARABIA
Saudi contracting sector implements $5.32trln projects in 5 years
jobs
ADNOC, NAFIS in deal to create 3,000 jobs in UAE's private sector
EMPLOYMENT
McDonald's veteran Borden named finance chief in executive shake-up
REAL ESTATE
REAL ESTATE
UAE: Bank announces first-ever plot finance as demand for land ownership increases
REAL ESTATE
Azizi releases 120 more residential units within Riviera project
REAL ESTATE
New residential project launched in Dubai Festival City
REAL ESTATE
Umm Al Qaiwain Ruler issues law to establish ‘Real Estate Foundation’
REAL ESTATE
Siemens Egypt signs MoU with two companies to establish Parklane
REAL ESTATE
Sonder to open 401-unit Business Bay property in Dubai
RETAIL & CONSUMER
RETAIL
S.African consumer confidence plummets in Q2 as spending shrinks
RETAIL
Bapco Tazweed to build first petrol station at Diyar Al Muharraq
RETAIL
UK shop prices jump by the most since 2008: BRC
RETAIL
UAE’s Lulu Group plans $2.9bln investment in retail network through 2023
TECHNOLOGY & TELECOM
TECHNOLOGY
Over 50 government institutions part of Digital Transformation Programme: Oman
TECHNOLOGY
Dubai RTA, Museum of the Future plan smart mobility show
TECHNOLOGY
From fighting fires to performing surgery: The rise of robots in UAE
TECHNOLOGY
Dell ranked top in enterprise storage market in META region
TRANSPORT & LOGISTICS
LOGISTICS
To create a world class supply chain, the SA logistics industry needs better, faster KYC
TRANSPORT
Kenya to begin work on 127km Voi-Taveta railway link
LOGISTICS
AD Ports Group receives top five ranking for Khalifa Port in global efficiency index
TRAVEL & TOURISM
TRAVEL
Wego, GNTO partner for third year in a row
TOURISM
Bahrain records 984% surge in tourist arrivals
TRAVEL
Saudi travel bookings in June top pre-Covid levels by 28%
AIRLINES
Air passenger traffic to recover to 77% of pre-Covid levels
MORE ON BUSINESS
NUCLEAR
UAE presents National Report on Spent Nuclear Fuel, Radioactive Waste Management
HEALTHCARE
EDB backs Bahrain’s first stand-alone dialysis centre
UTILITIES
Riyadh Governor to inaugurate 93 environmental and water projects estimating $2.26bln
HEALTHCARE
ACES signs 10 year Neutral Host agreement with AlMoosa Medical Group
POWER
Arab states planning rapid wind and solar expansion - report
HEALTHCARE
U.S. steps up fight against monkeypox, allocates more vaccines to states
HEALTHCARE
Walgreens shelves Boots sale as market turmoil hits deal financing
SUSTAINABILITY
Turkish Airlines wins Sustainability Award from World Finance
AUTOMOTIVE
UAE: Used car prices soar up to 20% due to shortage of new vehicles
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MOST READ
1.
Sheikh Hamdan launches ‘Dubai Global’ to attract investments, open new markets
2.
Dubai property tycoon Hussain Sajwani is the richest Arab in UAE: Forbes
3.
UAE’s Alpha Dhabi increases stake in Aldar Properties
4.
Italian energy services giant Saipem inks $1.25bln Middle East contracts
5.
Saudi Arabia offers $13bln lifeline for banks to ease liquidity crunch: report
PICK OF THE DAY
CRYPTOCURRENCY
Binance CEO Changpeng Zhao says crypto industry will overcome current price drops
MORNING BRIEFING
MORNING BRIEFING
Wednesday Outlook: Asian stocks lose bounce; dollar falters
INSIGHTS
1
Buying the bear? Equity demand endured market pain: Mike Dolan
2
U.S. mass shooting insurance rates jump as incidents rise
3
Latest U.S. stocks bounce tests skepticism that rally can last
4
Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests
5
When central bankers become the target
THE BRI REPORT
CONSTRUCTION
China is reshaping the Belt and Road Initiative ahead of a post-pandemic era
ZAWYA COVERAGE
INVESTMENT
Dubai’s DP World says India’s NIIF fund to invest $300mln in subsidiary
ECONOMY
Dubai is the most expensive city in the Gulf for expatriates in 2022 – Mercer survey
CURRENCIES
Indian rupee hits new low against US dollar on rising oil, capital outflows
FINANCIAL SERVICES
Mid-year outlook for Middle East banks ‘improving’, supported by higher oil prices: Fitch
LATEST VIDEO
Equities
Top 10 listed companies in the Middle East
LATEST NEWS
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ADX lists Invictus Investment Company on Growth Market
2
Mideast Stocks: Gulf bourses end mixed on recession worries
3
NATO pledges anti-drone systems and equipment to counter mines for Kyiv
4
Dubai: Residents can now test authenticity of their gemstones, precious metals
5
Tickets for NBA games in Abu Dhabi to go on sale tomorrow
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