Pilgrims given 32,000 cubic meters of Zamzam water in July

Pilgrims given 32,000 cubic meters of Zamzam water in July
A young Saudi volunteer distributes Zamzam water bottles to pilgrims in Makkah. (File photo)
Updated 27 July 2017

Pilgrims given 32,000 cubic meters of Zamzam water in July

Pilgrims given 32,000 cubic meters of Zamzam water in July

JEDDAH: The King Abdullah bin Abdul Aziz Project for Zamzam Water in July supplied the Grand Mosque with 21,229 cubic meters of water, and the Prophet’s Mosque with 11,229 cubic meters, said project Director Ahmed bin Omar Ballamash.
More than 169,870 beneficiaries were served at the main distribution center in Kaddi with a total of 1.35 million bottles of Zamzam water, he added.
Meanwhile, 126,691 Umrah performers have so far visited emergency departments in Makkah hospitals since the start of this Umrah season, the Health Ministry said.
The ministry added that 14,483 Umrah pilgrims benefited from outpatient services, 6,665 were given blood dialysis, 446 had emergency surgery, 37 had general surgery and 116 had microscopic surgery.


Wizz Air Abu Dhabi offers flights under $55 to Belgrade, Luxor and Sohag

Wizz Air Abu Dhabi offers flights under $55 to Belgrade, Luxor and Sohag
Updated 8 min 18 sec ago

Wizz Air Abu Dhabi offers flights under $55 to Belgrade, Luxor and Sohag

Wizz Air Abu Dhabi offers flights under $55 to Belgrade, Luxor and Sohag
  • Fares to Luxor start from 129 dirhams ($35) with Sohag flights from 179 dirhams and Belgrade from 199 dirhams
  • Regional airlines are gradually adding new capacity as vaccinations programs are rolled out worldwide and more people resume flying

DUBAI: Wizz Air Abu Dhabi has announced three new routes connecting the UAE capital to Belgrade, Sohag and Luxor.
Fares to Luxor start from 129 dirhams ($35) with Sohag flights from 179 dirhams and Belgrade from 199 dirhams, it said on Monday.
"The new connection between the capital of the United Arab Emirates and these three new cities within Europe and the Middle East will continue to stimulate air traffic demand and support the growth of Abu Dhabi’s tourism sector and economic agenda," said Kees Van Schaick, managing director of Wizz Air Abu Dhabi.
Regional airlines are gradually adding new capacity as vaccinations programs are rolled out worldwide and more people resume flying.
Wizz Air Abu Dhabi is a joint venture between ADQ, one of the region’s largest holding companies and Wizz Air Holdings, the fastest growing European airline which operates a fleet of 137 Airbus A320 and A321 aircraft.


Syrian regime used chemical weapons in 2018 attack on Saraqib

Syrian regime used chemical weapons in 2018 attack on Saraqib
Updated 11 min 14 sec ago

Syrian regime used chemical weapons in 2018 attack on Saraqib

Syrian regime used chemical weapons in 2018 attack on Saraqib
  • Syrian Arab Air Force used the chemical weapon chlorine in an attack on the town of Saraqib in 2018
  • OPCW previously reported that Assad’s air force used the nerve agent sarin and chlorine in two attacks on the village of Lataminah in March 2017

THE HAGUE: The Syrian regime’s air force used the chemical weapon chlorine in an attack on the town of Saraqib in 2018, the global toxic arms watchdog said on Monday after an investigation.
The report is the second by an investigations team set up by the Organization for the Prohibition of Chemical Weapons (OPCW), which has the new power to apportion blame for attacks.
The OPCW said in a statement that the Investigations and Identification Team “concludes that units of the Syrian Arab Air Force used chemical weapons in Saraqib on 4 February 2018.”
“The report reached the conclusion that there are reasonable grounds to believe that, at approximately 21:22 on 4 February 2018, a military helicopter of the Syrian Arab Air Force under the control of the Tiger Forces hit eastern Saraqib by dropping at least one cylinder,” the OPCW report said.
“The cylinder ruptured and released chlorine over a large area, affecting 12 named individuals.”
The team issued its first report a year ago, in which it said Syrian President Bashar Assad’s air force used the nerve agent sarin and chlorine in two attacks on the village of Lataminah in March 2017.


Dubai’s Alabbar to lead new digital-only UAE bank

Dubai’s Alabbar to lead new digital-only UAE bank
Updated 29 min 39 sec ago

Dubai’s Alabbar to lead new digital-only UAE bank

Dubai’s Alabbar to lead new digital-only UAE bank
  • Online banking has become increasingly popular in the UAE, especially as a result of restrictions as a result of the pandemic

Dubai businessman Mohamed Alabbar is to lead a new digital bank set to be launched soon in the UAE.

Zand is being billed as “the world’s first combined digital corporate and retail bank” and is currently going through final approvals ahead of its launch, according to an announcement issued on Monday.

Alabbar is the founder of Emaar Properties — the Dubai developer behind The Dubai Mall and Burj Khalifa — and also teamed up with Saudi Arabia’s Public Investment Fund (PIF) to launch the Noon online shopping platform in 2017. As part of his latest venture, he will take on the role of chairman of Zand.

“The UAE combines progressive regulations with commercial, financial, and technology hubs. This provides the perfect environment for a world-leading digital bank that can launch in the UAE and scale beyond,” Alabbar said in a statement.

“As the first fully independent digital bank in the country, with a full UAE banking license, Zand will provide innovative, effective financial solutions that help simplify businesses and lives, addressing the needs of both retail and corporate customers.”

Online banking has become increasingly popular in the UAE, especially as a result of restrictions as a result of the pandemic, which made it harder to get to a physical bank branch.

A survey by the Boston Consulting Group (BCG) last October found that 70 percent of respondents said that they are actively searching for a new bank and 87 percent said they would be willing to open an account with a branchless digital-only lender.

The same BCG survey found that 53 percent said that they were using banking mobile apps more often as a result of the pandemic and half of those surveyed had started using digital banking for the first time.

“UAE’s banking customers’ have a strong appetite for digital banks, and we see more growth in the demand of digital products during the pandemic,” Mohammad Khan, partner at BCG, was quoted as saying.


Bahrain Bourse expects to attract two more listings, says CEO

Bahrain Bourse expects to attract two more listings, says CEO
Updated 34 min 29 sec ago

Bahrain Bourse expects to attract two more listings, says CEO

Bahrain Bourse expects to attract two more listings, says CEO
  • The pandemic had prompted some companies to shelve planned offerings

RIYADH: Bahrain Bourse is expected to attract two new public offerings this year, its CEO told Asharq Business.
The first is a logistics company and the second an oil company, Sheikh Khalifa bin Ibrahim Al-Khalifa, told the website
However, he said that the pandemic had prompted some companies to shelve planned offerings.
He said that the exchange was focused on easing the entry of investors into the market.
He also highlighted the launch of the Bahrain Bourse environmental, social and governance (ESG) reporting guideline for listed companies, in response to rising appetite for such investments from global institutions.
The stock exchange applies the Global Industry Classification Standard (GICS) to classify listed companies, he said, highlighting continued cooperation with Saudi Arabia’s Tadawul stock exchange, the largest in the region.
He said the bourse’s main objective was to diversify its investor based which is currently dominated by institutions, unlike some other regional exchanges where individual investors are more strongly represented,
Al-Khalifa pointed to the adoption of new listing rules that better guarantee the rights of investors, including those directed at companies with large accumulated losses.


We are happier at home say UAE workers

We are happier at home say UAE workers
Updated 50 min 16 sec ago

We are happier at home say UAE workers

We are happier at home say UAE workers
  • The Life and Beyond 2020 research after polling 10,000 workers in 11 countries to discover the impact of COVID-19 on their wellbeing

DUBAI: UAE workers are happy working from home according to a new study.

The Life and Beyond 2020 research, conducted by US-based technology company Avaya, revealed the UAE as “among the fondest of work-from-anywhere models,” after polling 10,000 workers in 11 countries to discover the impact of COVID-19 on their wellbeing.

The research found 64 percent of those polled in the UAE would support government policies aimed at adopting modern working practices, including remote working, adding it would contribute to their happiness.

The biggest worry for 51 percent of the country’s workforce was returning to work in the office full-time, the survey also revealed.

The UAE was also identified as the world’s best equipped country for remote working, with 64 percent claiming they have access to technology to be able to work from anywhere. Only 62 percent in the US said the same, and 55 percent inthe UK.