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Kuwait pension fund posts record first-quarter investment profit
The fund had an investment profit of $7.3bn in the three months through June
Kuwait to resume flights to 20 destinations from August 1
Schedule includes flights to countries in Europe, Africa, Asia and the Middle East
Hajj pilgrimage in the age of coronavirus is unlike any before
More than 160 nationalities will be represented this year, with 30% Saudi and 70% foreign - their costs are covered by the government
Occidental discusses $4.5 billion asset sale to Pertamina
Pertamina is said to be negotiating the acquisition of oil and gas stakes in countries including Ghana and the UAE
Emirates airline reveals surge in interest and bookings to Dubai
Dubai-based carrier has resumed flights to 65 destinations
Coronavirus: No deaths in 24 hours, 375 new cases and 297 recoveries in UAE
Restaurants and coffee shops in Abu Dhabi allowed to operate at 80%, as Police reminds public of fines for violating laws to curb the spread of Covid-19
Saudi-backed Lucid Motors' new electric car to have driving assistance as standard
Lucid Air is expected to have features such as adaptive cruise control, lane centring, automatic emergency brakes and automated parking.
Mortgage market in Saudi Arabia showing signs of recovery
Fabrice Susini, CEO of Saudi Real Estate Refinance Company does not expect surge in defaults despite economic crisis
Food giant General Mills records double-digit growth in Middle East
Covid-19 lockdown measures saw sales increases in baking products and snacks
Abu Dhabi allows 80% capacity at food outlets
A circular was issued by the Abu Dhabi Department of Economic Development (DED) formalising the announcement
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