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Sunday, 5 April 2020

UAE doubles stimulus to $70bn to combat coronavirus impact

The central bank has reduced by half to 7.0 percent the reserves banks are required to keep for...
Dubai lockdown: everything you need to know
Exempt sectors, public transport and jail time: all the details surrounding the government's...
Abu Dhabi Commercial Bank requests NMC be placed in administration
Embattled NMC has said such a move would endanger lives during coronavirus pandemic

Dubai Islamic Bank, Noor Bank exposure to NMC at $541m

Abu Dhabi Commercial Bank has requested NMC be placed in administration
Dubai Islamic slumps as NMC exposure risks wiping 45% of profit
Dubai-based bank had about $425m of exposure at the end of March, while NMC owed its subsidiary...
Free bus services and 50% off taxis for essential workers during Dubai lockdown
Metro and tram services suspended for the duration of two-week extended disinfection period

Gulf's top two economies suffer record declines after virus hit

Non-oil economies of energy-rich Gulf states are likely to go in reverse this year
Kuwait's stimulus package offers $16.5bn in additional lending, KBA chairman
Adel Al-Majed has said the global crisis posed by coronavirus is worse than the financial...
Aramco delays oil pricing amid Saudi-Russia row on oil cuts
Pricing decision may affect about 14 million barrels a day of regional oil exports

Coronavirus: Shopping malls in Abu Dhabi to remain closed 'until further notice'

Entertainment destinations, cinemas and gyms also ordered to stay shut to mitigate spread of...
Trump threatens tariffs on oil if Saudi, Russia spat continues
US President says oil giants risk 'destroying themselves' over continued fued
Bahrain distributing bracelets to track active cases of coronavirus
Electronic bracelet notifies monitoring station when they are 15 meters away from their phone

Dubai challenges residents with 'Marathon at Home' initiative

Residents tasked with completing 42.195km course of their choice inside their house
Photos

In pictures: Makkah's Grand Mosque disinfected six-times daily

More than 3,500 workers and 85 machines are being used six times a day to disinfect the Grand...
Things to know about the suspension of Dubai public transport
It comes following the announcement by Dubai's Supreme Committee of Crisis and Disaster...
In pictures: Lamborghini starts production of surgical masks and medical shields
Automobili Lamborghini is converting departments of its super sports car production plant in Sant...
Videos

Video: India is promised $1 billion to fight Covid-19 pandemic as deaths rise

The World Bank has pledged one billion dollars to India to help tackle the coronavirus pandemic...
Video: Could jet biofuel save air travel?
In the past, the use of biofuels was usually driven by a lack of petrochemicals.
Video: Can UAE oyster farmers rival their global competitors?
In the deep waters of Dibba Bay, in the northern emirate of Fujairah, clusters of mollusks hang...
Editor's Choice

Dubai orders 24-hour lockdown for Covid-19 sterilisation programme

Extensive medical tests to be carried out across densely populated areas of the emirate
UAE officially proposes October 1, 2021 start for World Expo 2020 Dubai
Final decision on a change of dates can only be made by a two-thirds majority vote of BIE member...
Arabian Business enables free digital magazine editions
ITP Media Group move is in line with the latest government decree reducing the circulation of...
Opinion

If we're all in this together, Dubai schools have to do more

It's easy to type #inthistogether at the end of a media post, and hard to act on it for real,...
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
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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
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