Having trouble reading this email?, See it in your browser Wednesday, 11 March 2020 Debt levels said to soar to $5bn at troubled NMC Health Debt announcement comes after appointment of Moelis and PwC to support the company in its... UAE reports 15 new infections as virus cases rise to 74 New infections involve people from Italy, the UAE, Sri Lanka, Britain, India, Germany, South... Saudi Aramco named as new global sponsor of Formula 1 Formula 1 and Aramco says they plan to identify opportunities for the advancement of sustainable... Saudi Arabia strikes opening blows in oil war, but can it go the distance? Saudi Arabia says it has an output capacity of 12 million bpd but it is not known for how long it... Emirates gets nod to operate special Saudi flights after virus ban Emirates will operate selected flights to Riyadh, Jeddah and Dammam from March 12-15 under... How the world's richest 500 lost $238bn on 'Black Monday' Equity and oil markets in meltdown over growing fears about the economic impact of Covid-19 Dubai free zone announces up to 70% cut in business set-up costs Jafza Customer Support Initiative aims to slash business-related fees by between 50-70% for... Dubai business confidence drops to three-year low amid virus fears Many firms reported a negative income from the coronavirus outbreak, particularly tied to the... Lebanon records first virus death while Iran fatalities surge Health ministry source says 56-year-old male died on Tuesday after recently returning from Egypt Saudi Aramco plans huge oil output hike to escalate Russian price war Saudi energy giant says it will boost its crude output to 12.3 million barrels per day in April Bahrain's Gulf Air waives fees for virus-related changes to bookings National carrier of Bahrain launches campaign allowing passengers much more travel flexibility in... Oman eyes loans of over $1bn to help bridge budget gap Sources say sultanate, which is rated junk by the three major rating companies, is in talks with... Abu Dhabi said to fail in bid for Coty hair and nail business Sources say Abu Dhabi Investment Authority not chosen to advance to next round of bidding Photos In pictures: Sheikh Mohammed inaugurates DEWA's R&D Centre HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler... In pictures: Tourists snapping selfies with tame crocodiles in Egypt But beyond bringing in tourist dollars, crocodiles play an important role in the culture of the... In pictures: New Hyundai Prophecy concept electric vehicle The name "Prophecy" reflects the concept's purpose, as it signifies a bright future for both... Videos Video: What role is 5G technology going to play in Expo 2020 Dubai What is 5G? Is it the next technological revolution in mobile broadband? Is it the latest... Video: What happens to your body when you get coronavirus What happens when you catch coronavirus? The Telegraph explains all the ways in which you could... Video explainer: UAE Cabinet approves 100% foreign ownership in 122 economic activities While COVID-19 or the new Coronavirus dominates headlines, with business packing and stock... Editor's Choice Emaar stops taking bookings at three Dubai hotels Emaar Hospitality has decided to 'temporarily refocus on a selected number of assets' Abu Dhabi insurer steps in to help NMC Health pay salaries Daman is said to be speeding up payments to Abu Dhabi-based NMC so it can pay salaries and other... Oil price war, coronavirus see Gulf firms reconsider IPO plans Even before the most recent shocks, deal activity was lacklustre, with declining number of IPOs... Opinion Empowering Emirati women in the UAE's manufacturing sector Strata's commitment to creating opportunities for pioneering women leaders is helping to re... Featured Analysis Can you keep a secret? Your guide to Dubai's hidden venues Dubai's best-kept speakeasy bars, lounges and nightclubs for business and pleasure revealed For editorial queries, please contact Neil Halligan Editor, ArabianBusiness.com neil.halligan@itp.com Shane Mc Ginley Editorial Director, Arabian Business Shane.McGinley@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