Sharjah: Iftar tents will not be allowed to operate this year, announced Sharjah Municipality on Monday. Sharjah City Municipality said it has suspended the issuance of permits for Ramadan tents this …
( read original story …)
Louvre Abu Dhabi brings new digital experiences to audiences at home
Louvre Abu Dhabi announced on Monday that it is adding to its current digital offering, providing free access to more content through virtual tours, video, audio and downloadable activities. This …
( read original story …)
Louvre Abu Dhabi launches virtual tour and digital activities to do from home
About a month after Louvre Abu Dhabi closed its doors due to the coronavirus pandemic, the museum has launched new online activities for those who are staying at home. A highlight is a virtual …
( read original story …)
UAE Tells Muslims to Pray at Home During Ramadan
It said Muslims should comply with physical distancing while praying during Ramadan and the Eid Al Fitr holiday that marks its end. The UAE has suspended prayer in all houses of worship including …
( read original story …)
‘I’m trapped’: the UAE migrant workers left stranded by Covid-19 job losses
In debt, unable to earn and often refused repatriation, many migrant workers face an uncertain future …
( read original story …)
Coronavirus: Dubai and Abu Dhabi landmarks lit up with Swiss flag
Dubai and Abu Dhabi’s landmarks were lit up with the Swiss flag on Sunday to thank for country for projecting the Emirati colours onto the Matterhorn mountain. Swiss authorities are lighting up the …
( read original story …)
Abu Dhabi’s $7bn bond offering draws strong investor interest
Offering was more than 6.3 times oversubscribed and order book reached in excess of $45bn A $7 billion multi-tranche international bond offering by Abu Dhabi was more than 6.3 times oversubscribed, …
( read original story …)
UAE groups implicated in suspected violation of Libyan arms embargo
The shipment, under investigation by a UN panel of experts, had a market value of nearly $5m at the time it was loaded in the UAE and was delivered last month to the city of Benghazi, the headquarters …
( read original story …)
Dubai’s Biggest Bank Books $696 Million in Provisions on Virus
Emirates NBD PJSC set aside about $700 million in the first quarter to cover bad loans, giving investors a glimpse at the damage the coronavirus and lower oil prices are wreaking on bank earnings in …
( read original story …)
Turkey blocks Saudi and UAE news websites
Turkish authorities blocked Saudi and United Arab Emirates news websites on Sunday, days after the sites of Turkey’s state broadcaster and news agency were blocked in Saudi Arabia. The apparently …
( read original story …)
Abu Dhabi borrows $7bn as low oil price bite
The richest of seven sheikhdoms that make up the United Arab Emirates, Abu Dhabi sits on the bulk of the federation’s oil wealth. Qatar’s finance ministry said its own sale was oversubscribed by more …
( read original story …)
Abu Dhabi’s $7m bond offering draws strong investor interest
Offering was more than 6.3 times oversubscribed and order book reached in excess of $45bn A $7 billion multi-tranche international bond offering by Abu Dhabi was more than 6.3 times oversubscribed, …
( read original story …)
Coronavirus latest: UAE Central Bank says banks have used 30% of Covid-19 support fund
UAE infections rose to 6,781 on Sunday, with recoveries reaching 1,286 UAE banks have tapped 30 per cent of a Dh50 billion Targeted Economic Support Scheme (Tess) facility to help businesses and …
( read original story …)
Combating coronavirus: UAE outperforms the world with 77,550 tests per million people
The UAE has maintained its global leadership in maximising Covid-19 coronavirus tests in terms of the number of tests per 1 million people. It has also implemented precautionary measures appreciated …
( read original story …)
Abu Dhabi borrows $7B to counter slumping oil prices
The Emirate of Abu Dhabi said Sunday it had sold bonds worth $7 billion in the third major sale this month by Gulf sovereigns seeking to counter slumping oil prices. OPEC kingpin Saudi Arabia last …
( read original story …)
Abu Dhabi borrows $7 billion as low oil price bite
Abu Dhabi, which has the biggest sovereign wealth fund in the Gulf Cooperation Council (GCC), said that its offering was oversubscribed by more than six times.
( read original story …)
Abu Dhabi issues $7bn in multi-tranche bonds
Abu Dhabi said it has priced a $7 billion multi-tranche international bond offering as part of its medium-term strategy focused on optimising the capital structure of the emirate. In a statement today …
( read original story …)