Bahrain Steel raises $450m SLL
The company produces and supplies high-grade iron ore pellets.Company News Business
Gulf Air to start flights to Tel Aviv
The airline will operate two weekly flights from September 30The announcement follows the signing of political, commercial and civil aviation agreements between Bahrain and Israel
The airline will operate two weekly flights from September 30
Etihad to fly to Saudi again
In a statement to Arabian Business, the carrier confirmed that passenger flights would recommence between Abu Dhabi and Saudi Arabia...In a statement to Arabian Business, the carrier confirmed that passenger flights would recommence between Abu Dhabi and Saudi Arabia from Saturday
The move comes after the kingdom relaxed its travel regulations this week, with the UAE, South Africa and Argentina all removed from its ‘red list’ of destinations
Jazeera Paints to offer ‘cold plastic’ paint
Centrecoat Methyl Methacrylate (MMA) is recommended for marking traffic signs and signals on public and private roads as well as...Centrecoat Methyl Methacrylate (MMA) is recommended for marking traffic signs and signals on public and private roads as well as parking areas
The product is known for its resistance to friction, UV rays, and other environmental stressors
Facebook, Ray-Ban debut ‘smart’ shades
Facebook is wading into a market that has already seen 2013's Google Glass, which sparked a privacy backlash over built-in...The "Ray-Ban Stories" shades can take pictures and video upon the wearer's voice commands, and the frames can connect wirelessly to Facebook's platform through an app
Notably, the Ray-Ban Stories glasses will not have augmented reality features -- technology that can mesh online computing with visual cues such as mapping or face recognition
Abu Dhabi’s Yahsat to use SpaceX for its satellite launch
Yahsat, the Abu Dhabi’s satellite company, has picked up SpaceX to launch its next generation Thuraya communications satellite in the...Next Gen satellite to be launched in 2023
SpaceX’s Falcon 9 was selected primarily due to its high reliability and advanced capabilities
Emirates to restart flights to Saudi Arabia and St. Petersburg
Emirates will restart flights to Saudi Arabia and St. Petersburg in Russia with demand for travel rising as the Covid...Saudi Arabia has recently lifted the travel ban on UAE and allowed its citizens to travel to the emirates starting September 8
From October 8, flights between Dubai and St. Petersburg will operate four times a week, with services expected to increase to daily from October 21
Dubai unveils Expo 2020 ‘passport’ for visitors
Visitors to Dubai’s Expo 2020 will be required to buy a 50-page booklet, passport, that would keep tabs of an...Booklet to keep a record of pavilion visits during entire 6-month event
It is available for purchase at 20 dirhams ($5.45) from all Expo 2020 Dubai stores spread across the site
Aramex likely to buy out Turkish MNG Kargo for $500m
Aramex, the Dubai-listed courier agency, is in talks with MNG Kargo, the Turkish delivery company, to buy it completely for...The potential deal comes at a time when relations between regional rivals the United Arab Emirates and Turkey are showing signs of improvement
One of the sources said the talks were at an advanced stage and a second said the pair were engaged in due diligence
Adnoc Drilling eyes $86m rigs
Adnoc, Adnoc Drilling, and H&P have formed an alliance for this.The rigs are expected to be delivered and commissioned in stages over a 12-month period
The process is subject to acceptance upon successful completion of a final inspection on customary terms and conditions
Business booms in Dubai, best in two years
Business activity has grown in Dubai at the fastest rate since September 2019, and is likely to improve further on...Expo 2020, further easing of COVID-19 restrictions to boost economic activity
“We remain optimistic that private sector business conditions will improve further in Q4 2021 as Expo 2020 gets underway
