UAE also has said that it will be allowing flights to the country after some conditions are met. This can help airline shares rally in the near term as they seem to have already discounted the worst.
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McLaren arranges $185 million financing facility with Bahraini bank
British supercar manufacturer McLaren Group, which includes the Formula One team, has arranged a 150 million pound ($185.2 million) financing facility with the National Bank of Bahrain (NBB) , the …
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419 abandoned cars seized in Sharjah
Lieutenant Colonel Hamd Bin Qasmul, deputy director of the Community Police Department at Sharjah Police, said the campaign will focus on cars left unattended for long periods of time, do not have …
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Japan’s No. 2 Bank to Open Branches in Paris and Abu Dhabi
(Bloomberg) — The securities arm of Japan’s second-biggest bank is pressing ahead with its expansion abroad, unswayed by the coronavirus-fueled recession and a retrenchment by larger global …
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UAE seizes 25 million Captagon pills in series of drug smuggling busts
UAE authorities have foiled a series of attempts to smuggle 25 million Captagon pills worth Dh1.3 billion into the country during the first quarter of the year, the Ministry of Interior (MoI) has …
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Coronavirus impact: Stranded residents willing to pay up to Dh15,000 for a one-way ticket to UAE
Some UAE residents stranded in India say they will be resorting to the ‘expensive option’ of business jets to return to the country. With India further pushing back the dates for the start of …
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Tamil expats call for more repatriation flights from UAE
Indian expats living in the UAE are calling for speedy approvals from the Tamil Nadu state government for chartered flights to take home stranded people in the UAE. Tamil expats offering their …
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UAE Press: UAE’s aviation industry combats challenges
ABU DHABI, 29th June, 2020 (WAM) — A local newspaper has said that the UAE has learnt to face challenges full-on, and its aviation industry is no exception in this regard. Despite the onset of the …
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Covid-19: All UAE government employees to return to offices on July 5
All UAE government employees will return to offices at 100 percent capacity beginning on Sunday, July 5, the Federal Authority for Government Human Resources (FAHR) announced on Monday. As part of the …
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UAE federal government employees to return to work sites on July 5 – news agency
Employees of the United Arab Emirates federal government will return their work sites from July 5, while implementing social distancing measures to prevent the spread of the coronavirus, the UAE …
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Coronavirus: UAE government workers to return to offices next month
All public sector workers in the UAE will return to their offices by July 5, authorities announced on Monday. Capacity limits at government workplaces across all emirates but Dubai were set at 50 per …
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Two lawyers at UAE office made partners at Baker McKenzie
The law firm of Baker McKenzie has promoted 85 of its key personnel to partners. Across the firm’s practice groups globally, tax and dispute resolution saw the largest intake of new partners, with M&A …
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17 best corner coffee shops in Dubai
The 100 Café, located within the Hundred Wellness Centre in the heart of Jumeirah, is now open with a daily menu of specialty coffee and comforting healthy dishes available from 9am for pick-up and …
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Sheikh Mohammed launches Dubai Future Labs
Announcing the launch of the labs on his twitter page, Sheikh Mohammed said: “A journey of a thousand miles begins with a single step. What I have seen is a tip of iceberg. Our …
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Sharjah Municipality announces cashless payment of fees, fines from July 15
The Sharjah Municipality has decided to stop cash transactions at all its service centres in the emirate from July 15, it tweeted on its official account. The civic body will collect fees, dues or …
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Sharjah ranks global top for high-growth ecosystems
Sharjah has been ranked in the top in high growth activation phase ecosystems in the newly launched Global Startup Ecosystem Report (GSER), marking a milestone in the emirate’s journey towards …
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UAE gold jewellery sales drop 85%; market recovery in 2021
The jewellery sales at the retail level is very slow because there are no tourists. The gold price is also at its high …
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