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Month: April 2020

Posted on 25/04/2020

COVID-19 response: UAE banks use 60% of funds under central bank liquidity facility

The Governor of the Central bank of the UAE (CBUAE) met with CEOs of all banks on April 12, 2020 to discuss the implementation of the TESS. “In our efforts to protect impacted individuals and ensure …
( read original story …)


Posted on 25/04/2020

Varkala becomes hotspot as Sharjah returnee tests positive

The panic caused by an Italian tourist testing positive here in March is still fresh in their memories. The patient has been cured and he left for his country on Tuesday. However, on Thursday, a …
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Posted on 24/04/2020

UAE combats coronavirus: Covid-19 survivors praise Dubai’s care

Fathah said the tireless efforts of the Dubai Health Authority (DHA), volunteers and the entire medical team gave him the strength to recover. The centre provides free treatment, WiFi, entertainment …
( read original story …)


Posted on 24/04/2020

Video: UAE builds 5 mosques amid coronavirus pandemic in time for Ramadan

(@abudhabidmt) on Apr 24, 2020 at 6:29am PDT The development also in line with the vision of creating an ideal ground that contributes to stimulating demographic and economic growth, providing …
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Posted on 24/04/2020

Dubai property market oversupply shows signs of easing

reflects a more positive buyer sentiment in Dubai Dubai’s residential sector showed a resilient start to 2020, with a year-on-year increase in sales, according to Chestertons MENA. In its analysis of …
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Posted on 24/04/2020

Combating coronavirus: Meet the UAE residents who took time off work to serve at Covid-19 centre in Dubai

Within three to five days the buildings were furnished with beds, air conditioning, WiFi and other fittings,” the source said. The Dubai Health authority (DHA) then moved in with their medical …
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Posted on 24/04/2020

UAE Based FreightOn Technology is Looking to Digitize the Logistics Industry and Join the FIght Against COVID-19

Dubai, United Arab Emirates, April 24, 2020 –(PR.com)– As any new digital brokerages enter the industry both in the GCC and globally, carriers find themselves forced to download dozens of apps to …
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Posted on 24/04/2020

What shows will you be watching this Ramadan?

One: the WiFi has gone in your bug-out bunker and you’re having to make your own entertainment … Arguably the greatest bank of South Asian entertainment in the UAE, Amazon’s Prime Video has a number …
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Posted on 24/04/2020

Dubai, hit by lockdown and oil price crash, could be headed for another debt crisis

Dubai, the glittering commercial hub of the Gulf, is facing the risk of a debt crisis reminiscent of the 2009 crash that wiped out thousands of jobs and nearly half the value of the emirate’s stock …
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Posted on 24/04/2020

UAE shortens curfew hours for Ramadan – WAM

The United Arab Emirates has shortened a nationwide coronavirus curfew by two hours to now run daily from 10 p.m. to 6 a.m. (1800 to 0200 GMT) for the Muslim fasting month of Ramadan, state news …
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Posted on 24/04/2020

Face masks to strawberries: Abu Dhabi hospital keeps tabs on resources

Dozens of N95 protective face masks hang on a line in a room of an Abu Dhabi hospital to be decontaminated so they can be used again by medical staff should there be a shortage due to the new …
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Posted on 24/04/2020

Abu Dhabi Ports offers new relief measures to industrial and economic zone businesses

The package of measures for existing customers includes a three-month deferral on rents for the second quarter, a freeze on late payment penalties and an exemption from the property-registration …
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Posted on 24/04/2020

Dubai to Ease Movement Curbs as Malls, Offices Slowly Reopen

Dubai, the Middle East’s business hub, is joining cities around the world in gradually loosening curbs after it enforced one of the strictest lockdowns to contain the spread of coronavirus.
( read original story …)


Posted on 23/04/2020

Indian Boy, 10, Found Dead In His Room In UAE’s Sharjah

A 10-year-old Indian boy was found dead in his bedroom after his parents broke open the locked door of his room in Sharjah, according to a media report. David Punnakkal, a grade six student who lived …
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Posted on 23/04/2020

Yas mall launches ‘We shop for you’ service and unveils new zomato partnership

Saoud Khoory, Executive Director of Retail, Aldar Properties says: “As the leading real estate company in Abu Dhabi, we are focused on delivering long-term sustainable value creation. As such, we will …
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Posted on 23/04/2020

COVID-19: What to expect when malls in UAE reopen with restrictions

Authorities in Dubai and Abu Dhabi have issued guidelines on what … in recreational activities where they exist’ * All rental properties for tourist and leisure facilities; and * Desert …
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Posted on 23/04/2020

UAE property slump to linger well into 2021: S&P

The widespread lockdowns and bans on cross-border travels due to coronavirus have kept investors away from the property market. In March alone, off-plan residential sales transactions volume in Dubai …
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