Tuesday 31 March 2020

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THAAD INTERCEPTORS
Lockheed Martin wins $933m US, Saudi missile contracts

US-based Lockheed Martin, a global security and aerospace company, has been awarded an extra $932 million to supply intermediate-range interceptor missiles to the US and Saudi Arabia.

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1

FINANCIAL TSUNAMI LOOMING
UN seeks $2.5trn package for developing nations

With two-thirds of the world’s population living in developing countries (excluding China) facing unprecedented economic damage from the Covid -19 crisis, the UN has called for a $2.5 trillion package for these countries.

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2

BID TO CURB COVID-19 IMPACT
UAE to extend expired residence visas for 3 months

The UAE cabinet has endorsed the extension of residence permits expired on March 1, 2020 for a renewable period of three months without any additional fees upon renewal as part of measures to contain the impact of the Covid-19 pandemic.

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3

SPECIAL REPORT
Guidelines for health services during Covid-19: WHO

The World Health Organization (WHO) has updated its operational planning guidelines in balancing the demands of responding directly to Covid-19 while maintaining essential health service delivery, and mitigating the risk of system collapse.

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4

ANALYSIS
Why managing and measuring brand reputation matters in 2020

Consumers are choosing everything from cars to chicken sandwiches based on corporate values. According to Firas Sleem, CEO, Virtue Consulting., understanding an array of customer personas can guide tactics for landing and keeping them.

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5

NEWS IN PICS
Virtual Aurora

With the world on lockdown due to COVID-19 – one tourism company has gone above and beyond to give people around the world the chance to experience Lapland in all its majesty – without having to leave the confines of their homes.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Abu Dhabi delays announcement of winning bid for 1.5GW solar plant

Abu Dhabi has postponed the announcement of the winning bid for a 1.5 gigawatt (GW) solar power plant to be developed in the Al Dhafra region in light of rules barring large group meetings due to the Covid-19 outbreak.

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Retail & Wholesale

All Union Coop outlets in UAE to operate 24/7

Union Coop, the largest consumer co-operative in the UAE and a key manager of hypermarkets, has announced that all its branches will operate round-the-clock except Al Mamzar, Al Mizhar Mini Coop, Coop the Pointe, Al Satwa and International City outlets.

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Energy, Oil & Gas

Top energy forum discusses the future of energy in Mena

Middle East Energy 2020 once again reaffirmed its status as the true global energy platform with a series of enlightening discussions, coupled with powerful insights from the sector’s luminaries during its three-day run in Dubai earlier this month.

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Finance & Capital Market

GCC, Malaysia to drive Islamic finance market growth in 2020

Islamic finance is set to keep expanding in 2020 and beyond as the GCC countries and Malaysia help drive growth in shariah-compliant financial products, though the coronavirus outbreak may disrupt sukuk issuance, said a top industry expert.

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Analysis, Interviews, Opinions

75pc firms risk averse linked to innovation: report

About 75 per cent organisations are risk averse when it comes to innovation and less than 60 per cent of business leaders support trial and error linked to innovation, according to a new report.

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Industry, Logistics & Shipping

Abu Dhabi Developmental Holding Co announces new brand

Abu Dhabi Developmental Holding Company (ADDH) has unveiled a new brand identity to become ADQ with a diverse portfolio of major enterprises now spanning 11 sectors including utilities, industries, logistics, media and tourism.

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Travel, Tourism & Hospitality

Abu Dhabi temporarily shuts all cultural sites

In line with precautionary measures to ensure the health and safety of visitors, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has decided to temporarily close all cultural sites in the emirate until further notice, said a report.

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IT & Telecommunications

TRA extends wireless authorisations of hospitals

The UAE Telecommunications Regulatory Authority (TRA) has extended the validity of all wireless authorisations of hospitals and medical centres across the country, regardless of the expiry date of the authorisation.

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Lifestyle

Brand-new HONOR 9X PRO launched in UAE

HONOR has launched the HONOR 9X PRO, the first smartphone that is equipped with the state-of-the art 7nm Kirin 810 AI Chipset and pre-installed with the Huawei AppGallery, in the UAE immediately following the global reveal of the brand-new device.

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Motoring

Abu Dhabi ITC adds more buses amid Covid-19 scare

Abu Dhabi's Department of Municipalities and Transport said it has added 36 buses and 122 trips to its public bus network on routes with high demand during peak hours to help maintain public safety and prevent the spread of coronavirus, Covid-19.

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Health & Environment

Johnson & Johnson says Covid-19 vaccine could be ready next year

Global healthcare major Johnson & Johnson has announced plans to begin the clinical testing of Covid-19 vaccine in humans by September and said that the first batches of the vaccine could be available for emergency use authorisation early next year.

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Media & Promotion

Delayed Olympics set for July 23 next year

The postponed Olympic Games will now begin on July 23 next year and run until Aug. 8, the head of the Tokyo 2020 organizing committee said on Monday, as the coronavirus pandemic made it impossible to plan and prepare for them properly this year.

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Education, HR & Training

NYU Abu Dhabi marks ten years of innovation

Ten years ago, NYU Abu Dhabi opened with an ambitious vision to become one of the world’s great research universities, addressing complex challenges of local and global significance.

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Miscellaneous

UAE to extend expired residence visas for 3 months

The UAE cabinet has endorsed the extension of residence permits expired on March 1, 2020 for a renewable period of three months without any additional fees upon renewal as part of measures to contain the impact of the Covid-19 pandemic.

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