The salary cuts range from 30 per cent to 50 per cent for employees earning above Dhs4,000
Author: Reuters
Dubai’s Damas Jewellery appoints new chairman and CEO
Perramond replaces Damas’ first female CEO, Asil Attar, who was appointed to the role in February last year
Dubai’s F&B outlets say they are losing over Dhs1bn on a monthly basis
The two most significant issues causing negative cashflow problems are rental obligations and employee liability issues, say operators
Dubai’s real estate transactions valued Dhs3.62bn in April 2020
Off-plan transactions constituted 72 per cent of the total deals
Dubai’s Al Habtoor says may have to cut jobs if pandemic continues
The Al Habtoor Group owns seven hotels in Dubai as well as car dealerships, residential properties and schools
Revealed: Indian repatriation flight schedule from the UAE
There will be 10 Air India flights organised from Dubai, Sharjah and Abu Dhabi to India from May 7-13
Volkswagen Middle East launches new e-commerce platform in UAE, Saudi Arabia
A Live Chat facility will also allow customers to access an online personal chat with a dealership’s sales representative
Dubai’s Careem cuts 536 jobs, Uber Eats to stop Saudi operations
Dubai-based Careem also suspended a portion of its public transit offerings
Dubai has ‘sufficient’ strategic food reserves – Crown Prince Sheikh Hamdan
The committee explored ways to further facilitate food trade and distribution, diversify import sources, support local food production and reduce food waste
India to begin repatriation of stranded citizens, including from UAE, this week
Citizens will be transported via aircraft and naval ships and will be quarantined for 14 days upon arrival at their destination in India
Dubai Healthcare City offers relief package of fee waivers and rent reductions
The DHCA announced a 100 per cent waiver on administration fees for all its properties
Expo 2020 Dubai to be held from October 1, 2021
Two-thirds majority of Bureau International des Expositions (BIE) Member States voted in favour of postponing the event by one year
More than three family members can commute in one car – Dubai Police
First-degree relatives can also travel in the same vehicle even if there are more than three people
Dubai South waives first-year licence fees for new customers
It has also offered a 20 per cent reduction on licence fee renewals as part of its economic stimulus package
Watch: Burj Khalifa lights up as contributions pour in for world’s tallest donation box
For every light purchased for Dhs10 as part of the campaign, one meal is provided to someone in need
Sheikh Mohammed commissions post-Covid-19 UAE development strategy
He also ordered an emergency plan to be formulated to increase the productivity and competitiveness of the country’s medical sector
Three participants share Dhs1m prize in UAE’s Emirates Loto; jackpot raised to Dhs50m
The winning combination of numbers were 6, 17, 20, 27, 32 and 39
Message from the top: Reem Al Shihhe, COO, DIFC Courts
As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis
Finablr uncovers $1bn in hidden debt as UAE’s NMC Health scandal widens
The London-listed company, Finablr, had a market value of GBP77m when it was halted from trading in March, down from a peak of GBP1.5bn in December
UAE reports 561 new Covid-19 cases, 121 recoveries as testing intensifies
The new cases were detected following over 36,266 tests conducted to screen for the virus
Message from the top: Hamad Buamim, president and CEO, Dubai Chamber of Commerce & Industry
As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis
UAE reports 557 new Covid-19 cases; Abu Dhabi Stem Cells Center receives patent for breakthrough treatment
All the 73 patients who underwent the stem cells treatment have now recovered from the virus
Emirates to organise special repatriation flights in May from Dubai to five countries
The one-way special flights will allow outbound travel of residents and visitors in the UAE wishing to return to their home countries
Dubai carrier Emirates protects and prepares its wide-body fleet
Currently around 75 Emirates aircraft, both passenger and freighter, are taking to the skies, carrying people for repatriation and cargo for essential reasons
Private sector salaries must be paid on time – UAE labour ministry
Employers must abide by the Ministerial Decree No. 739 of 2016 that safeguards employees’ wages and which mandates that employment contracts are honoured
UAE builds four new Covid-19 field hospitals in the Northern Emirates
These hospitals are located at Sharjah, Umm Al Quwain, Ras Al Khaimah and Fujairah
UAE petrol prices for May declared
Super 98 petrol will cost Dhs1.91 per litre, while Special 95 is priced at Dhs1.80 per litre
Etihad announces flights to 15 international destinations from Abu Dhabi in May
Emiratis wishing to return home from any of the foreign destinations where Etihad is flying to should contact their local UAE embassy or consulate
