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Thursday, 30 April 2020

Covid-19 may curb Dubai property project launches, says Damac chairman

Dubai's property market may start inching upward by October 2021 when Expo 2020 opens, said...
Oman orders state-owned companies to speed up replacing foreigners with citizens
Finance ministry gave public sector companies until July 2021 to draw up timetables to appoint...
Covid-19: India opens registration for UAE-based citizens who want to return home
Indian citizens will be required to provide a reason for their return home, as well as the ...

Covid-19 'a tipping point' for digital payments, says Network International MD

The group's revenues have remained broadly flat in Q1, despite partner merchants being hit hard
Abu Dhabi's Waha Capital planning to invest $200m in US stocks, says CEO
Waha Capital is finalising the hiring of a chief investment officer for private investments, and...
Abu Dhabi teacher dies after contracting Covid-19
Abu Dhabi Indian School suspended its e-learning classes from kindergarten to grade 12 as a mark...

Oil extends rally as virus worries ease

Brent crude, the international marker, was up more than 10 percent at $24.91
Dubai Islamic Bank books $404m in provisions in preparation for Covid-19 impact
Dubai Islamic Bank said impairments rose more than fourfold from a year earlier as profit fell 17%
Covid-19 forces cancellation of Iron Maiden show in Dubai
Show planned for Dubai's Coca-Cola Arena on May 27

UAE contactless payments up 100% in March, Mastercard data shows

The disruptions caused by Covid-19 have led to increased concern about the safety of using cash
Saudi oil flotilla heading to US to worsen port congestion
A total of 43 million barrels of Saudi oil is set to arrive on the US Gulf and West coasts by May 24
Lebanese central bank chief blames govt leaders for spiralling economic crisis
Prime Minister Hassan Diab said the government was exerting 'great efforts to try to alleviate...

Virgin Australia draws 20 suitors in race for sale by June

Virgin Australia collapsed owing $4.5 billion to more than 10,000 creditors, overwhelmed by a...
Photos

In pictures: Dubai dad to climb the height of Burj Khalifa with son on his back

Team AngelWolf's Nick Watson and his son Rio have announced their latest endurance challenge,...
In picture: Majlis Mohamed bin Zayed hosts its first virtual Ramadan lecture series
Majlis Mohamed bin Zayed is a forum that hosts prominent leaders, scientists, thinkers, scholars...
In pictures: Dubai Festival City Mall reopens its doors with reduced hours
Visitors to the malls must adhere to the UAE's health and safety rules while in the malls,...
Videos

Video: How the pandemic changed fitness forever

The physical activity market is worth more than $800 billion worldwide, but it has had to pivot...
Video: Emirates SkyCargo dials up focus on safety for employees and operations
Safety is always our top priority. With the rapid scaling up of our cargo operations, Emirates...
Video: Australia's Justin McGowan on Expo 2020 Dubai postponement
Construction Week speaks to the officials spearheading the participation of various countries at...
Editor's Choice

Saudia says no plans to resume domestic flights in June

Saudi Arabia's interior ministry extended the suspension of international and domestic flights...
Covid-19: UAE reports 549 new coronavirus cases, nine deaths
Dr Farida Al Hosani, official spokesperson of the UAE health sector, some studies show Covid-19...
Malls here to stay despite digital surge, Covid-19 fears, says Majid Al Futtaim exec
Majid Al Futtaim has yet to decide whether rent relief will continue now that malls have resumed...

Etihad Airways suspends sales of tickets on flights before June 16

Previously, travellers could book flights for the last two weeks of May and the first two weeks...
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Editor, ArabianBusiness.com
neil.halligan@itp.com
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Group Commercial Director, Arabian Business, CEO Middle East, Esquire, Rake and Revolution
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joe.chidiac@itp.com
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