The UAE Ministry of Health and Prevention on Saturday reported 239 cases of the Covid-19 coronavirus, along with 230 recoveries. The nation once again recorded no deaths in the past 24 hours. The new …
( read original story …)
UAE central bank acts again to give lenders more versatility
The Central Bank of the UAE on Saturday temporarily relaxed the net stable funding ratio (NSFR) and the advances-to-stable resources ratio (ASRR) for local and foreign banks to provide them with …
( read original story …)
Kozhikode plane crash: UAE’s Sheikh Mohamed tweets his condolences
His Highness Sheikh Moha, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces tweeted his condolences with Indian PM Narendra Modi following the Friday Air India plane crash …
( read original story …)
COVID-19: India eases visa rules for travel to and from select countries, may add UAE to the list soon
Some parents have resorted to flying children to the US from India to get entry to the UAE using visit visa since they are unable to fly down directly. Some parents are present …
( read original story …)
Indian expat in Dubai loses 2-year-old daughter in Air India Express crash
Ayesha – who had travelled to Kerala with her mother Sumayya Tasneemi – succumbed to injuries at a hospital in Calicut.
( read original story …)
Dubai to implement flexible work hours for government staff from August 16
Dubai will implement flexible working hours for government employees starting August 16, the emirate’s human resource authority announced on Saturday. In a circular, the Dubai Government Human …
( read original story …)
Sharjah launches new fund to help finance export ops
Sadder Fund falls under the Sharjah Exports Development Center (SEDC) of the SCCI and it aims to increase the rate of exports, open new markets, expand the export map of the SEDC’s affiliates, provide …
( read original story …)
UAE Central Bank unveils further measure to boost banks’ capacity
Central Bank of the UAE said this easure will support the implementation of the already adopted TESS measures worth AED256 billion The Central Bank of the UAE has announced a further measure that it …
( read original story …)
UAE Cbank announces new steps to back banks
The Central Bank of the UAE (CBUAE) has decided on additional measures within the Targeted Economic Support Scheme (TESS) launched initially in March 2020 to further enhance the capacity of the …
( read original story …)
UAE Central Bank unveils more measures to shore up banks
The Board of the Central Bank of the UAE (CBUAE), has decided on additional measures within the Targeted Economic Support Scheme (TESS), launched initially in March 2020 to further enhance the …
( read original story …)
Dubai-based Indian expat’s 7 family members survive Kerala crash
Dubai-based Indian expat’s 7 family members survive Kerala crash. Since Friday evening, 41-year-old Shemir, who works as a logistics manager in Dubai Silicon Oasis, has been making frantic phone calls …
( read original story …)
Spain’s runaway former king Juan Carlos lands in Abu Dhabi to stay in seven-star bolthole amid corruption scandal
SPAIN’S runaway former king has been pictured getting off a private jet before heading to a £10,000 presidential suite in one of the world’s most luxurious hotels. It’s reported 82-year-old …
( read original story …)
IPL in UAE: Teams prefer beachfront hotels as quarantine of players start
The Standard Operating Procedure (SOP) for all the stakeholders of IPL, issued to the franchises a few days back, calls for water tight restrictions on the players and with this in mind – four of the …
( read original story …)
Dubai offers new service linking property owners with brokers
Green List project is aimed at facilitating contact and reducing complaints about unwanted communication The Dubai Land Department introduced a new service that links real estate owners with brokers …
( read original story …)
Sharjah launches new fund to help finance exports
Dubai: The Sharjah Chamber of Commerce & Industry (SCCI) has launched the ‘Sadder’(export) Fund, the first of kind fund across the Emirate Sharjah for financing export operations. ‘Sadder’ Fund falls …
( read original story …)
Dubai cops get over 2,000 thank-yous on social media
In terms of engagement on Twitter, Facebook and Instagram, the Dubai Police’s pages saw a whopping 4.83 million audience interactions. The Dubai Police have always made their presence felt on the …
( read original story …)
COVID-19 : UAE central bank temporarily relaxes rules on bank liquidity, funding
The United Arab Emirates’ central bank said on Saturday it was temporarily relaxing two key requirements to improve liquidity and funding needs of banks to encourage them to lend more to businesses …
( read original story …)