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Month: August 2020

Posted on 31/08/2020

First direct Israel-UAE flight lands in Abu Dhabi amid deal

ABU DHABI, United Arab Emirates (AP) – A Star of David-adorned El Al plane has landed in Abu Dhabi after flying in from Israel, carrying a high-ranking American and Israeli delegation in the …
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Posted on 31/08/2020

Israel makes first-ever flight to UAE after historic agreement

The first-ever direct flight from Israel to the United Arab Emirates — flying over Saudi Arabia — took off Monday carrying Israeli and U.S. political delegations.
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Posted on 31/08/2020

‘Historic’ first direct passenger flight from Israel to UAE takes off

Flight marks first fruits of US-brokered deal to normalise relations between two countries …
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Posted on 31/08/2020

Success in the UAE-Israel accord is good news for everyone

Jared Kushner’s success in facilitating the United Arab Emirates-Israel normalization accord is an undeniable piece of good news in a region that produces a steady flow of bad. Indeed, over time, it …
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Posted on 31/08/2020

Emirates Airline Turns To Dubai Government For $2 Billion In Support Amid Coronavirus Crisis

Emirates is a critical element in the Dubai economy, bringing in tourists and business travelers and supporting the city state’s position as a regional trading hub. However, the airline has been badly …
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Posted on 31/08/2020

Emirates airline got $2 billion injection from Dubai government: document

Emirates airline has received 7.3 billion dirhams ($2 billion) from the government of Dubai as it faces a cash crunch caused by the COVID-19 pandemic, a bond prospectus seen by Reuters shows.
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Posted on 31/08/2020

Emirates Got $2 Billion from Dubai to Survive Crisis Months

Dubai’s government has put 7.3 billion dirhams ($2 billion) into Emirates since the coronavirus pandemic brought global air travel to a near halt in March and said it’s prepared to send more help to …
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Posted on 31/08/2020

One person killed by Dubai restaurant gas explosion: media

One person was killed early on Monday when a gas cylinder exploded in a Dubai restaurant, local media reported.
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Posted on 31/08/2020

Grocery retailer Bindawood announces intention to list on Saudi bourse

The company has a total of 73 stores, of which 51 are hypermarkets and 22 are supermarkets, making it the third-largest operator of hypermarkets and supermarkets in Saudi Arabia …
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Posted on 31/08/2020

Historic Israel-UAE flight opens possibility for $6.5B in trade

Things are changing rapidly in the Middle East as the first Israeli commercial airliner flew over Saudi Arabia on a non-stop flight from Israel.Aboard the El Al (OTC:ELALF) Boeing 737 were top aides …
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Posted on 31/08/2020

Israeli, US delegations depart to UAE in 1st direct flight

BEN-GURION AIRPORT, Israel (AP) — A Star of David-adorned El Al plane took off Monday from Israel’s Ben-Gurion Airport, carrying a high-ranking American and Israeli delegation to Abu Dhabi in …
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Posted on 31/08/2020

Israel and UAE set for historic direct flight following peace deal

The flight is expected to be allowed to cross Saudi airspace, normally blocked to Israeli air traffic. The UAE became only the third Arab country in the Middle East to recognise Israel since its …
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Posted on 31/08/2020

Dubai Plans Bond Sales to Bolster Finances

Dubai hired banks for an offering of bonds and Islamic securities in dollars as it seeks to shore up its finances.The government of the Middle East’s main business hub is selling a benchmark-size …
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Posted on 31/08/2020

Emirates airline got $2 billion injection from Dubai govt -document

Emirates airline has received 7.3 billion dirhams ($2 billion) from the government of Dubai as it faces a cash crunch caused by the COVID-19 pandemic, a bond prospectus seen by Reuters shows. DUBAI, …
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Posted on 31/08/2020

UPDATE 2-Dubai plans comeback to debt markets amid sharp economic downturn

Dubai has hired banks to advise it on its comeback to the international debt markets as the Middle East trade, finance and tourism hub seeks to bolster finances badly hit by the coronavirus pandemic.
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Posted on 31/08/2020

El Al 971 to Abu Dhabi: first Israel-UAE ‘commercial flight’

American delegation was set to take off Monday on the first commercial flight from Tel Aviv to Abu Dhabi as the US-brokered normalisation agreement between the Jewish state and the UAE takes hold.
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Posted on 31/08/2020

Coronavirus: Children and elderly allowed to attend services as non-Muslim places of worship reopen in Abu Dhabi

Capacity must however be limited to 30 per cent, in addition to other precautions designed to limit the spread of Covid-19 …
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