Having trouble reading this email?, See it in your browser Tuesday, 28 April 2020 Dubai hopes to reopen for tourists at beginning of July, says tourism chief Dubai reopening will be gradual and could be delayed until September, said Helal Al Marri,... Saudi Arabia's PIF takes $500m stake in struggling Live Nation Live Nation's share prices have dropped 45 percent for the year as a result of the Covid-19 pandemic Tesla rival Lucid Motors starts taking orders in UAE, Saudi Arabia Lucid landed a $1 billion investment from Saudi Arabia's Public Investment Fund in 2018 Bahraini entrepreneurs adding a little colour to a new daily essential Wearing of masks outside the home has become mandatory in Gulf countries Abu Dhabi retail employees to be screened for Covid-19 before re-opening Malls must install thermal cameras for customers and employees as part of Covid-19 safety measures First Abu Dhabi Bank reports 22% slump in profit over coronavirus First Abu Dhabi Bank set aside $201m in impairment charges, calling it prudent provisioning due... Alwaleed Philanthropies allocates $30m to fight Covid-19 Prince Alwaleed Bin Talal has made a number of his assets in Saudi Arabia available to combat... Saudi Arabia announces record-high 1,289 new Covid-19 cases The country's total number of coronavirus cases now stands at 18,811 Crude oil extends its slide to near $10 a barrel Oil has lost almost 80% this year as the coronavirus outbreak vaporised demand for everything... HSBC profits halved as coronavirus batters global economy HSBC announced plans earlier this year to slash some 35,000 jobs, trimming fat from less... Lebanon offshore drilling finds no commercially viable gas: minister Results had been awaited with anticipation, with many Lebanese hoping a major hydrocarbon... BP announces $4.4bn quarterly loss as oil prices crash BP said it planned to reduce cash costs by $2.5 billion by the end of 2021 relative to 2019 Airbus warns of new production cuts as finances diminish Faury said the current production rate would remain valid for between two or three months but... Editor's Choice Dubai Outlet Mall reopens with limited capacity Consumers are only allowed three hours inside the value shopping destination Dubai doctor breathes life into global ventilator shortage Consultant anesthesiologist, Dr Ali Zahran, has found a simple way to treat more patients needing... Tabreed expects low double digit returns from Emaar deal Chairman said $675m acquisition is a solid investment because the cooling industry is not... Du CEO warns 'worst is still ahead' for UAE telco amid Covid-19 crisis Company previously announced year-on-year 4.8% drop in revenues for Q1 Opinion How the Gulf region can maintain an edge in a decarbonised world In the face of the dual shock of the global Covid-19 pandemic and the steep decline in oil prices... For editorial queries, please contact Neil Halligan Editor, ArabianBusiness.com neil.halligan@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