The United Arab Emirates central bank said on Tuesday it has extended until mid-2022 some stimulus measures introduced last year to mitigate the impact of the coronavirus crisis on the economy. ( read original story ...)
UAE Central Bank extends stimulus package till mid 2022
The Central Bank of the UAE (CBUAE) on Tuesday extended integral parts of its Targeted Economic Support Scheme (Tess) until mid-2022 to help individuals and private sector companies overcome the ... ( read original story ...)
COVID-19 UAE: No deaths among vaccinated patients, says study
UAE - Zero deaths have been reported among fully vaccinated Covid-19 patients in the UAE Capital, a new study conducted by the Abu Dhabi Public Health Centre (ADPHC) has revealed. There has also been ... ( read original story ...)
COVID-19: Here’s why Dubai Municipality asked residents not to share plates with family members during Ramadan
Dubai: This Ramadan, share meals with your family members, but don’t share your plates. That is a safety tip that Dubai Municipality wants residents to follow during the second Ramadan amid the ... ( read original story ...)
Dubai Aerospace orders 15 Boeing 737 MAX jets
Dubai Aerospace Enterprise (DAE), one of the world's biggest leasing companies, on Tuesday announced an order for 15 Boeing 737 MAX 8 jets worth $1.8 billion at list prices. The order signals a ... ( read original story ...)
Dubai’s Emirates NBD quarterly profit rises as economy rebounds
DUBAI (Reuters) - Emirates NBD, Dubai’s biggest lender, on Tuesday posted a 12% rise in first-quarter net profit, citing improving economic conditions from the COVID-19 pandemic fallout and a sharp ... ( read original story ...)
Abu Dhabi’s TAQA gives initial guidance for dollar bonds – document
It gave initial guidance of around 110 basis points over U.S. Treasuries for a seven-year tranche and around 3.75% for a 30-year Formosa portion ... ( read original story ...)
UAE’s Emirates Islamic Bank post 37% rise in Q1 net profit
UAE-based lender Emirates Islamic Bank has posted a Q1 2021 net profit of Dhs212m, up 37 per cent year-on-year from the corresponding period last year, due to lower costs and lower impairment ... ( read original story ...)
Pakistan gets US$ 2 billion roll-over from UAE
Pronouncing the United Arab Emirates’ (UAE) decision to roll-over the US$ 2 billion deposit by the Abu Dhabi Fund, the UAE Foreign Minister His Highness Sheikh Abdullah bin Zayed Al Nahyan has ... ( read original story ...)
Qureshi, UAE FM agree to strengthen cooperation in diverse areas
Foreign Minister Shah Mahmood Qureshi and foreign Minister of United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan have reaffirmed their desire to further strengthen cordial relations between ... ( read original story ...)