Business

The growing challenges posed by the COVID-19 pandemic are on the agenda as the Global Aerospace Summit 2020 gets underway today.

The Dubai Health Authority will start using Diagnostic-Related Groups (DRG) in all hospitals to help insurance companies categorise costs.

An e-commerce platform has been launched by Dubai's Dragon Mart, the world’s largest trading hub for Chinese products outside mainland China.

The UAE will be able to shift to a more flexible and sustainable economic model in the post-COVID-19 era, thanks to its decision to roll out various business stimulus packages.

Building on its recent momentum in the Gulf region, Virgin Hyperloop, has signed a Memorandum of Understanding (MoU) with Bangalore International Airport Limited (BIAL) in India.

Saudi Arabia plans to resume tourist visas by early 2021 after months of suspension amid strict government measures to prevent the spread of coronavirus.

His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has affirmed that the UAE and Greece will strengthen relations.

The Chairman of Abu Dhabi's Department of Culture and Tourism says safety efforts are being doubled across the industry in a statement marking the event.

Maintenance work has been completed on more than 100 schools across Abu Dhabi, Al Ain and Al Dhafra.

The Dubai Airport Free Zone Authority (DAFZA) inked a deal with the Federation of Israeli Chambers of Commerce (FICC) to create a framework for bilateral cooperation.

The Business Registration & Licensing (BRL) Sector in Dubai Economy states that the Emirate of Dubai has 29 local and international companies engaged in mineral water production.

Dubai was ranked first in the Middle East and Africa in the latest edition of the Global Financial Centres Index compiled from the London-based consultancy Z/Yen and the China Development Institute.

Dubai Chamber of Commerce and Industry has signed an agreement with Tel Aviv Chamber of Commerce to explore business opportunities and strengthen bilateral cooperation.

Emirates has announced it will resume flights to Johannesburg, Cape Town and Durban in South Africa; Harare in Zimbabwe; and Mauritius all between October 1-4.

Emirates Airline is set to resume services to five more destinations in Africa.

The UAE has affirmed its commitment to international efforts to reinforce trade and investment during the COVID-19 pandemic.

A new draft law to regulate the collection of donations is under review by the UAE authorities.

The UAE and Israel have held talks on strengthening cooperation in the energy sector.

Air Arabia Abu Dhabi, the UAE capital's first low-cost carrier, will fly to the capital of Sudan, Khartoum, from October 7.

The UAE capital has climbed business destination rankings compiled by two prestigious organisations, according to the Abu Dhabi Convention and Exhibition Bureau (ADCEB).

Organisers of the World Future Energy Summit say the event will be held next year in the Abu Dhabi National Exhibition Centre.

Emirates Airlines is restarting regular services to the Zimbabwean capital Harare and the Indian Ocean island of Mauritius from October 1.

HSBC and Standard Chartered Hong Kong shares dropped on Monday after media reports said they and other banks moved large sums of allegedly illicit funds over nearly two decades.

Sharjah's Expo Centre has been given the go-ahead to restart activities in line with COVID-19 precautionary measures.

Flydubai has announced plans to restart passenger services to the Maldives from October 27.

Dubai Multi Commodities Centre (DMCC) has extended its economic support package for customers until October 20.

President Donald Trump said on Saturday he supported a deal in principle that would allow TikTok to continue to operate in the United States.

Emirates has introduced a second daily flight to the Kingdom of Bahrain.

Germany would relax insolvency rules under proposals set out on Saturday to help avert a wave of bankruptcies in Europe's biggest economy, provided companies hit by the coronavirus crisis have a robust business model.

A new initiative launched for international transfer passengers at Abu Dhabi International Airport has shortened connection times, by increasing the speed of transiting through the airport by 27%.

The US Commerce Department said it will issue an order Friday that will bar people in the country from downloading WeChat and TikTok from September 20.

The UAE and Israel are planning to include some Palestinian areas in their bilateral economic engagements, according to the UAE's Minister of Economy.

Emirates Flight Catering (EKFC) has entered into a partnership with CCL Holdings to set up a dedicated kosher food production facility in the UAE. 

Emirates Airline has announced plans to restart passenger services to Luanda from October 1.

The government hub, which supports private sector investment in the Emirate, says the initial foreign outpost will be based in Tel Aviv.

DP World and Dubai Customs are looking at exploring trade opportunities with Israel.

ENOC Group on Wednesday announced plans to open 40 service stations by the end of 2021, bringing its retail network to 192 stations.

Apple rolled out a new virtual fitness service and a bundle of all its subscriptions, Apple One, focusing a holiday-season product launch on services that are the backbone of its growth strategy.

US President Donald Trump said Oracle Corp was close to a deal over ByteDance's TikTok, even as sources said the firm was seeking to keep majority ownership of the app.

Oracle Corp said on Monday it would team up with China's ByteDance to keep TikTok operating in the US, beating Microsoft Corp in a deal structured as a partnership rather than an outright sale.

Emirates NBD banking group says a new agreement with one of Israel's largest banks will open business and trade opportunities for clients.

Emirates Airline has introduced an exciting new deal that will help international students to see more of their family, and more of the world during the year.

The UAE has been ranked as the top medical tourism destination in the GCC.

Amazon on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the US this year - to keep pace with e-commerce demand that jumped during the pandemic.

Saudi Arabia will partially resume international flights from Tuesday, six months after travel restrictions were imposed to combat the spread of coronavirus.

ByteDance abandoned the sale of TikTok in the US to pursue a partnership with Oracle Corp that it hopes will spare it a US ban while appeasing China's government, people familiar with the matter told Reuters.

The UAE national carrier is partnering with Singapore food technology startup Lumitics to reduce food wastage on flights.

Etihad Airways will resume passenger flights from Abu Dhabi to the Moroccan cities of Casablanca and Rabat.

Emirates Airline has announced plans to resume passenger services to Casablanca from September 18.

Britain struck its first post-Brexit trade deal with Japan on Friday, hailing the agreement as a 'historic moment', just as it is struggling to clinch a deal with its closest trading partners in the European Union.

Facebook, Google, Twitter and other tech rivals must try harder to be more effective against fake news related to COVID-19, the European Commission said on Thursday.

The carrier is preparing to resume passenger services to Domodedovo Airport from Friday.

An on-demand ride-hailing service using a fleet of Tesla cars will be available in Sharjah by the end of 2020.

Overall job satisfaction levels among the UAE's frontline workers is extremely high despite the pandemic-related pressures.

Chinese video app TikTok, owned by Chinese company ByteDance, will be joining the European Union's voluntary code of conduct to combat illegal hate speech online.

Etihad Airways is the latest carrier to offer free COVID-19 insurance cover to passengers.

Abu Dhabi Airports Duty Free has launched a new home delivery service, allowing residents across the UAE to buy products from the comfort of their homes.

Emirates has returned over AED5 billion ($1.4 billion) in COVID-19 related travel refunds to date.

Etihad Airways has announced its decision to reduce staff pay by 10 per cent in a bid to offset the impact of the pandemic.