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Month: April 2020

Posted on 14/04/2020

Dubai’s Emaar Slashes Salaries by Up to 50% Amid Pandemic

Follow us @middleeast for more news on the region. Emaar Properties PJSC, Dubai’s largest publicly-traded developer, cut executive and staff salaries across its businesses as the coronavirus …
( read original story …)


Posted on 14/04/2020

UAE Central Bank urges banks to help private companies, SMEs, individuals

The Central Bank of the UAE (CBUAE) has urged banks to support private sector corporates, SMEs and individuals affected by the coronavirus pandemic. At a meeting with the CEOs of banks operating in …
( read original story …)


Posted on 14/04/2020

Face masks: Dubai to close shops for price gouging amid coronavirus

The Dubai Economy has reiterated its warning against exorbitant price increases to protective face masks in view of escalating demand amid the coronavirus pandemic that continues to rage across the …
( read original story …)


Posted on 14/04/2020

New business drops sharply in Dubai amid pandemic

Business conditions in Dubai deteriorated at a sharp pace in March as the global economy was shaken by the coronavirus disease 2019 (Covid-19) pandemic, said IHS Markit, a global provider of analytics …
( read original story …)


Posted on 14/04/2020

Allsopp & Alsopp Q1 Report 2020- Very strong start to Dubai’s real estate

Business has certainly not continued as usual, the last week of March and the start of April in particular, but the figures we are reporting are proof that the property market in Dubai had a very …
( read original story …)


Posted on 14/04/2020

Distance learning will accelerate value of UAE’s education technology market

The Covid-19 pandemic is accelerating the shift to distance learning in the UAE, with massive potential for the nation to become a regional hub for education technology (EdTech), according to a new …
( read original story …)


Posted on 14/04/2020

The Debt Panel: ‘Will my cheques bounce if the bank freezes my account when I swap jobs?’

In addition, I also pay around Dh10,000 per year for my kids’ education as my employer covers up to Dh60,000 per year. I am from Tunisia and live in Dubai. How do I get around this bank freezing issue …
( read original story …)


Posted on 14/04/2020

Dubai’s Emaar suspends construction projects due to virus – sources

Emaar Properties , the largest listed developer in the United Arab Emirates, has suspended work on major projects in Dubai, sources familiar with the matter said, as the coronavirus pandemic …
( read original story …)


Posted on 14/04/2020

Free Vishu meals for 1,000 people in Dubai amid coronavirus pandemic

The restaurant has served more than 4,000 meals through the free lunch initiative it started during the sterilisation drive in Dubai.
( read original story …)


Posted on 14/04/2020

Dubai to set up field hospitals to cope with any coronavirus surge: official

The emirate of Dubai is preparing field hospitals to handle any surge in cases of the new coronavirus, a health official said on Thursday, as the United Arab Emirates saw its infection count more than …
( read original story …)


Posted on 14/04/2020

Dubai Taxi starts remote training of drivers

Training materials provided include traffic safety guidelines, time and workload management, customer service and educating riders about key internal policies in place.
( read original story …)


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