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Wednesday, 15 April 2020

UAE, Saudi economies to bounce back in 2021, says IMF

Collectively, the economies of the Middle East and North Africa are also expected to contract 3.3...
Saudi-backed group moves closer to takeover of Newcastle United
Newcastle owner Mike Ashley was reported in January to be in talks to sell Newcastle for $429m,...
FTA to refund AED20m to UAE firm after being incorrectly penalised
Such cases may lead to amendments in VAT law, says Habib Al Mulla

Dubai World Trade Centre converted into 3,000-bed Covid-19 field hospital

Dubai is setting up a number of field hospitals as a precautionary measure amid the coronavirus...
Dubai bans labour movement between Emirates amid Covid-19
Abu Dhabi has also restricted the movement of blue-collar workers
Covid-19: Dubai drivers warned to wear masks or face fines
Earlier this week, Dubai Police said they've imposed over 2,500 fines for various reasons amid...

Algerian author wins top Arab fiction prize for 'Spartan Court'

Algerian author Abdelouahab Aissaoui will receive $50,000 and funds will be provided to translate...
Trump halts WHO funding, with world on edge over coronavirus lockdowns
The US contributed $400 million to the WHO last year
Sharjah suspends bus travel between emirates
Sharjah has also announced the closure of the Al-Jubail bus station

ADCB to lead NMC Health lenders group formed to hold talks on $6.6bn debt

Abu Dhabi Islamic Bank, Dubai Islamic Bank, Barclays and Standard Chartered will join Abu Dhabi...
Oil rebounds as traders weigh output cut deal
A barrel of Brent crude, the international benchmark, was trading 1.49 percent higher at $30.04
Middle East economy set for worst slump in decades, says IMF
In its World Economic Outlook, the IMF said the damage would be much worse than the 2008-09...

Covid-19: Saudi Arabia announces 8 deaths, 435 new cases

435 more cases of coronavirus were confirmed across the country on Tuesday
Photos

In pictures: Ras Al Khaimah Ruler opens drive-thru Covid-19 screening centre

HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, opened the...
Videos

Video: Why old drugs could fight Covid-19

A vaccine for the deadly coronavirus could be years away and the world can't wait that long. But...
Video: Making art in quarantine
This Facebook page creates a space for users to post pictures of themselves recreating popular...
Video: How will coronavirus impact Hajj?
Saudi Arabia took quick action to curb the coronavirus outbreak in mid-March, but now its health...
Editor's Choice

Covid-19: UAE announces 3 deaths, 412 new coronavirus cases

UAE increased its testing of citizens and residents, with over 32,000 Covid-19 tests carried out...
Dubai Mall virtual store live on noon.com
Announced in late March, the virtual store is meant to serve as an e-commerce solution to support...
Emirates aircraft in DXB collision with British Airways, no injuries reported
The incident at Dubai International airport is under investigation
Featured Analysis

Shailesh Dash: 'I believe that doom and gloom times can lead to opportunity'

One of the most influential and respected financiers in the region, when Shailesh Dash urges CEOs...
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