Having trouble reading this email?, See it in your browser Monday, 11 May 2020 Saudi Arabia triples VAT, halts govt handouts in austerity drive Finance Minister Mohammed al-Jadaan said the measures were necessary to shore up state finances... UAE announces holidays for Eid Al-Fitr Long weekend likely, to start on May 22 Abu Dhabi residents must have permits to move during disinfection hours Vehicles of those working in vital sectors will be exempt from violation systems Recovery plan: Sheikh Mohammed issues challenge to restore UAE economy post-Covid-19 Dubai Ruler currently holding remote meeting entitled 'Preparations for the post-coronavirus,... Saudi Aramco in talks over staggering payments for Sabic deal State-owned Aramco is weighing pushing out payments for the 70% holding in the petrochemicals... Fire breaks out at Expo 2020 Dubai site, no injuries reported Expo 2020 spokesperson said the fire was caused by a problem during welding works Second round of UAE Astronaut Programme attracts over 4,300 applications Almost a third of applicants have come from Emirati females Arab man dies after getting lost in Khorfakkan mountains Two women rescued after group became lost in mountain region Saudi Aramco slashes the price of petrol New prices will come into effect from Monday Saudi shares slump in early trading after hike in VAT, cut to state allowances The Tadawul All Share Index dropped as much as 3.5% in Riyadh NMC CFO and family left UAE on Indian repatriation flight: reports Suresh Krishnamoorthy was one of 360 who left UAE for India last Thursday Indian travel agents squeezed as fliers demand cash refunds Indian authorities have told airlines to repay passengers in cash for tickets booked during the... New Zealand to begin exiting lockdown after halting the spread of virus Prime Minister Jacinda Ardern said a phased relaxation of restrictions will start on May 14, when... Photos In pictures: Over 4 million food distributed as part of '10 Million Meals' initiative The campaign, the UAE's largest food distribution drive, will continue throughout the month of... Videos Video: How long does it take to recover from coronavirus? More than 1.1 million people have recovered from coronavirus globally, but the time it takes to... Video: Why Tesla is better positioned to survive than other automakers The coronavirus pandemic has crushed the global economy, and a recession is inevitable in the US... Video: Boeing CEO says air travel is looking at 3-year setback Boeing President and CEO David Calhoun discusses aviation recovery amid coronavirus, its set back... Editor's Choice Damac to seek legal action against FAM Properties Dispute began when the developer received complaints from Damac clients about unsolicited e-mails... Emirates chairman warns it will be 18 months before aviation industry recovers Sheikh Ahmed bin Saeed Al-Maktoum says Covid-19 has caused a 'sudden and tremendous drop' in... Coronavirus: UAE reports 781 new cases, 13 more deaths Total number of cases up to 18,198, death toll stands at 198 Union Properties tenants face cooling cuts as developer fails to pay bills Emicool warned residents it will disconnect cooling services if master developer of MotorCity and... Opinion Spot Gold prices move back above $1,700 - could they be even higher? Economic recovery will have a large say behind how much further gold prices can extend 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