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Posted on 29/04/2020

Shoppers re-emerge as UAE starts lifting lockdown restrictions

Here are the latest coronavirus updates from around the world.
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Posted on 29/04/2020

With fever checks and masks, Dubai’s mega-mall reopens

Clutching bags from designer boutiques in their gloved hands, customers are back at Dubai Mall, one of the world’s largest shopping havens that has reopened under strict safeguards against coronavirus …
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Posted on 28/04/2020

Abu Dhabi Lays Claim To World’s Cheapest Solar Power, After Revealing Bids For 2GW Mega-Plant

Abu Dhabi Power Corporation (ADPower) says it has secured the world’s lowest tariff for a solar power plant, as it moves ahead with a planned 2GW solar photovoltaic (PV) project in the Al Dhafra …
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Posted on 28/04/2020

Dubai at Risk as Coronavirus Poses Shock to U.A.E. Economy, Says Moody’s

Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus in the United Arab Emirates, according to Moody’s Investors …
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Posted on 28/04/2020

UAE wages war on tiny scourge threatening date palms

Ajani looks proudly over his lush date plantation, which recently survived a plague of red weevils — a destructive insect wreaking havoc across the Middle East and North Africa. In Wiqan, located in …
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Posted on 28/04/2020

Dubai Likely to Start Opening for Tourists at Beginning of July

Dubai is likely to start opening up for tourists at the beginning of July after the coronavirus pandemic halted arrivals.
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Posted on 27/04/2020

UAE tells banks to freeze accounts of NMC founder Shetty, others: sources

United Arab Emirates lenders have been told by the central bank to freeze the accounts of NMC Health shareholder BR Shetty and his family, three sources with knowledge of the matter said.
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Posted on 27/04/2020

UAE firms may modify office designs following COVID-19: JLL report

Companies in the UAE could introduce modified workplace designs that reflect specific spatial requirements in light of the spread of the coronavirus, a recent report has stated. “Most companies will …
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Posted on 27/04/2020

Dubai to Avoid Glare of Public Markets and Raise Bonds Privately

Dubai is in talks to raise billions of dollars of debt privately instead of following Gulf neighbors by tapping public markets, as the emirate looks to bolster its finances and mitigate the economic …
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Posted on 27/04/2020

UAE’s DLT Overhaul on Track to Bring Blockchain to Daily Life by 2021

As the UAE’s deadline for its nation-wide blockchain revamp looms, DLT is becoming embedded in everyday life. The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of …
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Posted on 27/04/2020

Dubai Opts for Private Debt Over Eurobonds to Bolster Finances

Dubai is in talks to raise billions of dollars of debt privately instead of following Gulf neighbors by tapping public markets, as the emirate looks to bolster its finances and mitigate the economic …
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Posted on 27/04/2020

UAE Against Unilateral Changes to Situation in Yemen: Official

The UAE backs the separatist Southern Transitional Council (STC) group and is also a key player in the Saudi-led coalition which is fighting the Houthi movement in Yemen and backs the internationally …
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Posted on 27/04/2020

War on Covid-19: Legendary Italian goalkeeper Zenga urges UAE to be safe

Walter Zenga, the man with a special connection with the UAE, sent out a message to the country to remain safe and fit amid the Covid-19 …
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Posted on 27/04/2020

Know Your Rights: Dubai Chamber And Clyde & Co Seminar Offers Insights For Employers And Employees During The COVID-19 Crisis

Attended by 278 participants from various sectors of the UAE business community, the webinar was moderated by Rebecca Ford, Partner- Employment, Clyde & Co, and Samantha Ellaby, Senior Associate- …
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Posted on 27/04/2020

Dubai Eases Restrictions on Virus Hotspots as Infections Subside

Dubai eased restrictions on two of the city’s coronavirus hotspots, densely populated areas that are home to the gold souk and museums.
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Posted on 27/04/2020

42 years, 1 employer: Indian expat in UAE to return home ‘satisfied’

A native of Kannur district, Hussain is a man of few words. The office ‘boy’ believes in performing his duties silently. Hussain Puthiyapurayil came to the UAE in June 1976, and he will return home to …
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Posted on 27/04/2020

UAE weather: Scattered rainfall and cloudy conditions expected on Monday

Dubai: UAE residents woke up to rainfall in parts of Abu Dhabi. Dubai, Sharjah and Fujairah. According to the National Center of Meteorology, Hatta and Al Awir in Dubai, Bani Yas and Tarif Road in Abu …
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