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Posted on 03/05/2021

Bank of Sharjah Group reports Dh666 million consolidated net loss in 2020 from provisions in Lebanon

Consolidated loss stems from application of hyperinflation effect on Lebanese subsidiary Dubai: Bank of Sharjah Group reported a consolidated net loss of Dh666 million for 2020 after making …
( read original story …)


Posted on 03/05/2021

India-UAE travel suspension: Charter flight operators clarify exemption rules

This form of travel had gained massive popularity among stranded Indian travellers last year after India closed all its scheduled international air operations. Passenger entry from India to the UAE, …
( read original story …)


Posted on 03/05/2021

Dubai’s Hala appoints new CEO

Hala, a joint venture between Dubai’s Road and Transport Authority (RTA) and Careem, has appointed Basil Hovakeemian as the new CEO, following his role as the director of strategy and expansion for …
( read original story …)


Posted on 03/05/2021

UAE: Cloudy skies in Al Ain and Fujairh, sunny weather and increase in temperatures across Abu Dhabi, Dubai, Sharjah and other emirates

Dubai: Sunny and warm day ahead. According to the National Center of Meteorology, UAE residents will see mostly sunny skies across the country. However, Al Ain and Fujairah will see partly cloudy to …

Posted on 03/05/2021

Abu Dhabi Murban crude set at $63.35 a barrel on June futures

The official selling price for Murban is determined based on futures trading on the ICE Future Abu Dhabi exchange.

Posted on 03/05/2021

Abu Dhabi updates Covid-19 testing and quarantine rules for vaccinated citizens and residents

The new rules are effective Monday, May 3, require vaccinated citizens and residents to show proof of their jabs on the Alhosn app.

Posted on 03/05/2021

Abu Dhabi’s Etihad takes another step towards becoming a mid-sized airline

Etihad Airways is a step closer to re-sizing itself into a mid-sized airline after disposing of its stake in Air Seychelles. The Abu Dhabi airline said it sold its 40 per cent take in Air Seychelles …

Posted on 03/05/2021

UAE: Charter flight operators clarify India travel rules

Demand for private or business jets is on the rise since the suspension of air travel between India and the UAE. Since April 25, some high net worth business travellers and their families have made …

Posted on 03/05/2021

UAE expats: Best time to remit? Currency forecasts for Indian Rupee, Pakistani Rupee, Philippine Peso

Dubai: Remittances from the UAE are seeing a surge as several, particularly South Asian currencies, were losing ground in the past weeks. But will remittance-beneficial currency trend continue? When …

Posted on 03/05/2021

Salman Khan announces advance booking of his upcoming movie ‘Radhe’ in UAE

Prabhu Deva-directed action drama will release on the big screen in many countries abroad, it is unlikely to keep its date with a theatrical release in India given the current Covid situation, which …

Posted on 03/05/2021

Dubai: The urban Filipino artist who is inspired by dreams

This Filipino artist was born and raised in Quezon City, Philippines. She’ll be 39 this year, and says, “I can’t wait to be 40!” Ella, who started her career as an airbrush artist in the Philippines …

Posted on 03/05/2021

Dubai: Artist Nazar Haidri on creating Quranic calligraphy

Every child is an artist, but the problem is, as Pablo Picasso once said, how to remain an artist once one grows up. Defying any such ‘problems’, Dubai-based Pakistani artist Nazar Haidri continues to …

Posted on 03/05/2021

Smart Dubai, MBRU develop a novel COVID-19 epidemiological model

Smart Dubai and the Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU) developed a novel epidemiological model to predict COVID-19 spread. The newly developed model is a specialised …

Posted on 03/05/2021

UAE: Cloudy skies in Al Ain and Fujairah, sunny weather and increase in temperatures across Abu Dhabi, Dubai, Sharjah and other emirates

Dubai: Sunny and warm day ahead. According to the National Center of Meteorology, UAE residents will see mostly sunny skies across the country. However, Al Ain and Fujairah will see partly cloudy to …

Posted on 03/05/2021

In Dubai, a Dh600 basic health insurance will no longer cover most branded medicines

Dubai: Dubai residents holding a basic health insurance policy will need a new policy or an upgrade to keep buying prescribed branded medicines under insurance coverage. This comes after several …

Posted on 03/05/2021

UAE’s flydubai reports $194 mln loss for 2020

It said 126 employees had left the company. The airline’s operations were significantly reduced last year for several weeks when the UAE closed its borders to international arrivals in March. After …

Posted on 03/05/2021

Covid-19: Dubai mountaineer contracts virus while climbing Nepal peak; rescued

Am I dead? Who are these angels looking at me?’. These were the thoughts running through the mind of a delirious Dubai-based mountaineer Tima Deryan when she was stranded 5,000 metres above sea level …

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