Having trouble reading this email?, See it in your browser Wednesday, 13 May 2020 Retail future: What next for Dubai's shopping malls? The future is uncertain for the $55bn industry bearing the brunt of Covid-19 UAE unveils two-phase strategy to reopen economy, backed by $79bn stimulus plans In the first phase, the economy will reopen supported by incentives for the private sector that... Emirates NBD, Mashreq declare exposure to Phoenix Commodities Phoenix has gone into liquidation after amassing $400m in trading losses Saudi Arabia to enforce full lockdown during Eid al-Fitr holiday A round-the-clock lockdown will be re-imposed around the country from May 23-27 Dubai broker reports highest number of buyers, tenants since 2008 Allsopp & Allsopp reported a 28% year-on-year rise in tenants registering properties to lease Lebanon orders 4-day lockdown as infections spike Lebanon's lockdown will start at 7pm on Wednesday and end at 5am on Monday - excludes the health,... UAE health ministry says no plans to close shopping malls Ministry said rumour came from a social media post dated March 23, when the Covid-19 crisis began... Saudi Arabia urges OPEC+ to reduce oil production In April, OPEC+ agreed to cut output by 9.7 million barrels each day in May and June Facebook removes 2.5m posts selling masks, covid kits Facebook has had to quickly train its artificial intelligence to handle an increase in... Richard Branson scrambles to save his flailing Virgin empire Over the past half century, Branson built Virgin Group into a sprawling collection of businesses... More than 300,000 Ramadan meals distributed daily by Mohammed bin Rashid Al Maktoum Global Initiatives This week, the 'world's tallest donation box' at the Burj Khalifa secured 1.2 million meals for... Oil slips from five-week high while US debates lockdown exit Oil is down almost 60% this year after energy consumption collapsed as nations across the globe... Videos Video: UAE's '10 million meals' campaign, distribute around 300,000 iftar meals daily More than 300,000 meals are being distributed on a daily basis by the Mohammed bin Rashid Al... Video: Sheikh Mohammed shares a tribute video on Zayed Humanitarian Day The UAE celebrated the annual Zayed Humanitarian Day on 19th Ramadan, coinciding with the... Video: How to stay safe from cyber threats? The Telecommunications Regulatory Authority, TRA, responded to approximately 34,000 cyber-attacks... Editor's Choice Dubai issues guidelines for re-opening of hotels, beaches Strict social distancing is required in hotels and at private beaches as Covid-19 restrictions... Dubai-based startup Invygo raises $1m, eyes regional expansion Invygo, which bills itself as the first app-based car subscription company in the region, allows... Mohamed bin Zayed orders free Covid-19 tests for Emiratis Other categories included in the free testing initiative include people of determination,... Saudi Arabia said to cut $7.9bn from mega-projects and 'vision progammes' Saudi Arabia has taken a number of austerity measures to soften the blow of the Covid-19 pandemic Opinion Saudi Aramco's stock trades on a different planet While Aramco's first-quarter results are robust, it's worth remembering the worst of Covid-19... 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