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Business

  • Emirates
Most of Emirates' 118 Airbus A380 superjumbos remain grounded
Emirates plans to restore almost 70% of capacity by winter
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  • Climate Change
Fish farm production is supposed to prevent the depletion of fish stocks in offshore waters
Qatar expands fish farming to meet growing demand
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  • Vision 2030
The hotels are due to be ready by the end of 2023
Saudi Red Sea project secures ‘green’ loan for new hotels
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  • Drug smuggling
The fruit and vegetables trade is worth $24 million annually
Lebanon asks Saudi Arabia to reconsider ban on its produce
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  • UAE-Israel ties
Delek Drilling is required to sell its 22% share of the offshore Tamar gas field by the end of this year
Israel’s Delek Drilling plans gas deal with UAE’s Mubadala Petroleum
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  • Egypt's tourism
Tourism revenue plunged by 70% in 2020 due to the coronavirus pandemic
Egypt aiming for tourism revenues of $6-$7 billion in 2021
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  • Cryptocurrencies
Thodex founder Faruk Fatih Ozer
Dozens arrested for alleged cryptocurrency fraud in Turkey
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  • Egypt's mining
Egypt is banking on high gold prices and amended mining laws that scrap red tape and a profit-sharing rule to lure interest
Miners seek gold under Egypt’s desert sands
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  • Coronavirus pandemic
All incoming flights from India to UAE suspended
UAE suspends all flights from COVID-hit India
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  • Presight.AI
The joint venture is called Presight.AI
Abu Dhabi's G42 forms joint venture with Israel’s Rafael
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  • Cryptocurrencies
The restriction would come into effect on April 30
Turkey to ban cryptocurrencies for buying goods, services
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  • Beirut port blast
Everyone has their eyes on the port
Foreign firms vie for Beirut port reconstruction
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  • Turkey's tourism
Coronavirus outbreak slashed Turkey's tourism revenues by two thirds in 2020
Turkey to feel the brunt of Russia flight restrictions
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  • Travel industry
The limited number of tourist groups groups will start to arrive on May 23
Israel to start allowing limited entry of vaccinated tourist groups in May
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  • Saudi Economy
A wider governmental push to replace expatriate workers with Saudi citizens.
Saudization of jobs is strengthening in malls, supermarkets and restaurants
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  • Consumerism
Fruitful workshop on mock legal cases related to consumers' rights
Ten years after law went into effect, consumers still don’t know their rights
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