FeaturedHealthcareUAE healthtech Okadoc to expand into Saudi with $10 million fundingBharath KumarMarch 12, 2020March 18, 2020 by Bharath KumarMarch 12, 2020March 18, 2020 Okadoc has partnered with Dubai Healthcare City and onboarded some of the top healthcare providers in the country... Read more
FeaturedOil & GasAdnoc to supply over 4 mn bpd from April as global oil price plungesPritam BordoloiMarch 12, 2020March 12, 2020 by Pritam BordoloiMarch 12, 2020March 12, 2020 The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030... Read more
AviationFeaturedEtihad Airways to fly its Boeing 987-9 Dreamliner jet to ViennaPritam BordoloiMarch 10, 2020March 10, 2020 by Pritam BordoloiMarch 10, 2020March 10, 2020 Etihad will fly daily to Vienna in Austria from December 1, 2020... Read more
AviationFeaturedCoronavirus may lead to losses of $4.9 bn for Middle East airlinesPritam BordoloiMarch 6, 2020 by Pritam BordoloiMarch 6, 2020 With new coronavirus cases being reported in the Middle East, passenger numbers are expected to drop by 23%... Read more
BankingFeaturedEmirates NBD reduces transaction fees in line with the UAE’s coronavirus initiativesBharath KumarMarch 5, 2020March 18, 2020 by Bharath KumarMarch 5, 2020March 18, 2020 These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic... Read more
EnergyFeaturedUAE is first Mideast country to produce nuclear energyPritam BordoloiMarch 5, 2020 by Pritam BordoloiMarch 5, 2020 UAE officially starts power operation at the Barakah nuclear power plant... Read more
FeaturedTechnologyNational Bank of Fujairah and Ripple to facilitate cross border paymentsPritam BordoloiMarch 3, 2020 by Pritam BordoloiMarch 3, 2020 The UAE-based bank will use RippleNet to facilitate remittance payments to India through Indus Ind Bank... Read more
FeaturedLogisticsDubai’s logistics startup iMile secures $10 mn funding to expand in MEPritam BordoloiMarch 3, 2020March 3, 2020 by Pritam BordoloiMarch 3, 2020March 3, 2020 The round was led by an unnamed venture capital firm active in the Chinese logistics market... Read more
FeaturedHealthcareMubadala mulls investment in healthcare company NMC HealthPritam BordoloiMarch 2, 2020March 2, 2020 by Pritam BordoloiMarch 2, 2020March 2, 2020 Mubadala is reportedly considering buying a stake as well as acquiring a board seat in the healthcare company... Read more
FeaturedTelecomUAE telco du deploys first live millimetre wave 5G site at Yas IslandPritam BordoloiFebruary 27, 2020February 27, 2020 by Pritam BordoloiFebruary 27, 2020February 27, 2020 The site will provide ultra-high mobile broadband speeds of up to 2.1Gbps using a 26GHz frequency... Read more