The debt market stayed off the Dubai bandwagon even as stocks notched their biggest monthly gain in five years, and a similar unease has now crept into equities.
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First flight carrying stranded Indians from Abu Dhabi lands at Kochi
The Air India Express flight IX 452 with 177 passengers and four infants landed at the Cochin International Airport (CIAL) at 10.09 pm, an airline spokesman said.
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Massive India Repatriation Begins With Flights From UAE
The first wave of a massive exercise to repatriate hundreds of thousands of Indians stuck abroad began Thursday, with two flights departing from the United Arab Emirates. India banned all incoming …
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Massive India Repatriation To Begin With Flights From UAE
The first wave of a massive exercise to bring home hundreds of thousands of Indians stuck abroad was under way Thursday, with two flights preparing to leave from the United Arab Emirates. India banned …
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Massive India Repatriation Set To Begin With Flights From UAE
The first wave of a massive exercise to bring home hundreds of thousands of Indians stuck abroad was due to begin Thursday with two flights from the United Arab Emirates. India banned all incoming …
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UAE’s Indian Expats Frustrated Over Govt Repatriation Plans
“It is just propaganda,” said Ishan, an Indian expatriate in Dubai, one of seven emirates in the UAE and long a magnet for foreign workers. He was reacting to his government’s announcement this week …
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Life Of Luxury: Dubai’s Huge Service Sector Faces Unsure Future
In Dubai’s ritzy Marina district, white yachts are tethered to docks, standing idle — like many companies behind a luxury lifestyle industry battered by the coronavirus crisis. The boardwalks that …
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UAE Calls for De-Escalation in Region to Focus on Coronavirus Recovery
A senior United Arab Emirates official on Wednesday stressed the need for de-escalation in the region to allow countries to focus on “the hurricane” caused by the coronavirus pandemic and review …
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Expat job losses in the UAE will add to troubles in the GCC: Economist
Chris Payne of Peninsula Real Estate Management says the real problem in the GCC is not unemployment, but population shrinkage, as expats will be the first to be furloughed in an economic downturn.
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India begins repatriating workers left stranded in the UAE
Foreign workers – many of them Indian – make up 90 percent of the UAE’s population and many are stranded in the country after losing their jobs because of Covid-19. While India has vowed to repatriate …
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Dubai Palm-Island Developer Cuts Pay as Pandemic Hurts Revenue
Nakheel PJSC, the developer of the palm-shaped island in Dubai, joined companies in the Middle East business hub that cut pay after the coronavirus pandemic slashed demand at its malls and hotels.
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Fire engulfs 48-story residential tower in Sharjah, UAE
Fire crews battled for two hours to control a blaze in a 623-foot high tower in Sharjah in the United Arab Emirates.
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Dubai Hotel Mogul Says ‘Bleeding’ Firms Need Economy to Reopen
Dubai hotel mogul Khalaf Al Habtoor said his companies are “bleeding” because of the coronavirus pandemic and the economy can’t wait for a vaccine to become available before major activity resumes. He …
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Dubai Chamber Gathers Public And Private Sector Representatives To Focus On Challenges Of COVID-19 Impact
The virtual meeting was a discussion about the challenges of the current state and developments related to COVID-19, and its effects on the business sector and the economy.
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Seven injured in 48-storey fire in UAE
Sharjah authorities offered no immediate explanation, while safety experts blamed cladding …
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Seven people reportedly injured in 48-storey fire in UAE
Sharjah authorities offered no immediate explanation, while safety experts blamed cladding …
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Abbco Tower: Fire engulfs skyscraper in UAE city of Sharjah
A fire has engulfed a skyscraper in Sharjah, one of the largest cities in the United Arab Emirates, showering debris on cars in the streets below. Dozens of firefighters worked to put out the blaze in …
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