Having trouble reading this email?, See it in your browser Wednesday, 12 August 2020 Returning UAE residents no longer need to apply for ICA entry permit The ICA will automatically grant pre-approval for expats wishing to return, from Wednesday Saudi Arabia VAT hike to shift demand to affordable housing segment The surge in value added tax will add to the challenging market conditions facing both end-users... Kuwait pension fund plans to triple infrastructure investments Kuwait pension fund will also 'slightly increase' investments in hedge funds and real estate Dubai's prime residential market holding up despite 3% drop in capital value Latest Savills research reveals emirate still holds great value for international investors UAE launches nationwide relief effort for Lebanon Authorities issue clarion call to all residents to support the rebuild and assist with donations,... Seven new Covid-19 drive-through screening centres for Abu Dhabi entry Centres are available in Abu Dhabi, Al Ain, Ras Al Khaimah and Dubai Gold collapses below $1,900 as rout extends into the second day Gold had been on a tear in 2020, and the reversal represents a challenge for the metal's backers Ras Al Khaimah resort on track to open next year despite virus The Movenpick Resort Al Marjan Island will feature 418 rooms Indian rupee may see a pull back against dollar next fortnight Rupee could again plunge against the dollar in September, and remain weakened in the rest of the... Lebanon's starts search for new leadership One name being bandied about in the media is Nawaf Salam, a former ambassador to the United Nations Emaar Malls reveals 69% drop in profits for H1 2020 Revenue for ecommerce outfit Namshi increased by 57% to $181m over the first six months UAE reports 262 new Covid-19 cases Global cases surpass 20 million mark, more than 12 million have fully recovered from the virus Photos In pictures: Gordon Murray's T.50 the world's lightest supercar The T.50 is a car that is created to be 'alive' at normal road speeds, not only when the revs... Videos Video: Emirates plans Airbus A380 flights for 10 or more years Emirates is standing out amongst other airlines for its continued use of the Airbus A380 as... Editor's Choice Saudi Aramco chief optimistic over oil demand rise Saudi Aramco's Amin Nasser described the second quarter performance as the worst in generations Dubai businesses return to growth first time since virus struck Businesses in Dubai are benefiting from the lifting of lockdown restrictions, with foreign... Azizi Developments says no IPO planned before 2023 Azizi Developments CEO Farhad Azizi said it will raise $300m from sukuk in Q1 2021 For editorial queries, please contact Neil Halligan Editor, ArabianBusiness.com neil.halligan@itp.com For advertising enquiries, please contact Joe Chidiac Group Commercial Director, Arabian Business, CEO Middle East, Esquire, Rake and Revolution Direct +971 4 444 3121 Mobile +971 55 459 2700 joe.chidiac@itp.com © 2020 ITP Digital Media Inc. All rights reserved. Terms   Policy