Having trouble reading this email?, See it in your browser Thursday, 13 August 2020 Oil giant Saudi Aramco plans huge spending cut for 2021 Saudi Aramco may keep capex, most of which is spent on exploration and production, at a similar... UAE announces Hijri New Year holiday All federal government departments to remain closed on August 23 for one day Dubai property market heads for two difficult years, Damac says Damac reported a second quarter net loss of $76m Cosmopolitan Middle East to tap into billion dollar gaming industry with online e-sports tournament The first-ever gaming format of its kind offers brands the chance to tap into this hard-to-reach... Aldar Properties reports Q2 profit increase on higher revenue Firm reports 21% increase in revenue to AED 2.01 billion in Q2 2020 driven by strong development... Emirates NBD in talks to buy Lebanese bank's Egyptian business Discussions are ongoing and there is no certainty that a deal will be completed, Dubai-based... Lebanon builds wheat stocks as blast sparks food shortage fears The blast on August 4 tore through major grain silos in Beirut's port, stoking fears of deeper... Adnoc Distribution reports 14% drop in Q2 profits Ahmed Al Shamsi, Acting CEO of Adnoc Distribution, said fuel volumes have recovered since... US says Iran forces boarded ship in international waters Iran last year seized a British oil tanker in the strait for about two months, flaring tensions... Saudi king lands in Red Sea megacity to 'rest' after surgery The king left Riyadh's King Faisal hospital on July 30 after a 10-day stay following surgery Photos In pictures: Sheikh Mohammed opens medical research centre in Dubai The Mohammed bin Rashid Medical Research Institute was launched with a initial investment of... Videos Video: The Boeing future small airplane - A 737 MAX replacement that's needed There has been talk ongoing for years regarding the future of the narrowbody market. While... Editor's Choice Emirates airline adds Birmingham, Cebu and Houston its network Emirates will serve six US cities in August - including New York JFK, Washington DC, Boston (15... Covid-19 PCR test mandatory for all outbound Etihad Airways flights Inbound passengers arriving at Abu Dhabi airport have to undergo a mandatory Covid-19 PCR test Emaar Properties reveals 35% drop in H1 profit amid pandemic impact Financial results released show that revenues were down 22% as company battled Covid-19 economic... 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