Saudi’s Maaden to focus on preserving cash instead of shareholder payout

The company has no plans to cut capital expenditure in response to the coronavirus infection

UAE’s Ministry of Economy reduces fees for 94 services

The financial impact on the business sector as a result of fee reduction is estimated at Dhs113m in 2020

UAE cloud seeding

UAE undertook 95 cloud seeding operations in Q1 2020

It used 2,171 flares produced by NCM’s Emirates Weather Enhancement Factory

Emirates NBD approves 40% dividend

UAE’s Emirates NBD launches contactless export trade collections service

Clients can access the new digital feature from the safety of their homes or offices to submit an export collections request

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Kuwait to allow repatriation flights, amnesty underway for expats without valid visas

The amnesty scheme allows residency violators to leave the country without paying any fines

Dubai’s Emirates to fly from Terminal 3 from April 12

Emirates had obtained approvals from relevant authorities to commence flying from April 6 to select destinations from Terminal 2

Emirates Islamic contributes Dhs10m to UAE’s Covid-19 relief fund

Emirates Islamic is the first Dubai-based financial institution to contribute to the fund launched by the Islamic Affairs and Charitable Activities Department

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Saudi King extends curfew until further notice

The extension comes as the kingdom reported 382 new coronavirus cases as well as five deaths on Saturday

UAE reports 376 new Covid-19 cases and 4 deaths; confirms use of hydroxychloroquine

The total number of cases in the country now stands at 3,736

Founder of Dubai-based GEMS mulls stake sale in school operator

Sunny Varkey is reportedly working with Rothschild & Co to find potential investors

Saudi Aramco delays oil pricing statement as OPEC+ talks continue

Benchmark Brent has plunged by more than half since the start of the year

Covid-19: UAE reports 370 new cases to reach 3,360 in total, death toll rises to 16

The UAE said the new cases were detected after it conducted 49,000 Covid-19 tests among citizens and residents

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Covid-19: UAE reports 331 new cases and two deaths, extends closure of places of worship

The total number of cases in the country has reached 2,990, while the death toll is at 14

Dubai’s Emirates SkyCargo expands operations to transport essential items

Since the beginning of the year, Emirates SkyCargo has helped import more than 33,000 tonnes of perishable items and more than 1,700 tonnes of pharmaceuticals into the UAE

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Pics: UAE opens 13 additional drive-through Covid-19 testing facilities

For those looking for elective testing and for assurance of being cleared of the virus, the test is priced at Dhs370

coronavirus saudi arabia

Saudi Arabia reports 355 new Covid-19 cases, 3 deaths

A total of 44 people have succumbed to the infection in the kingdom

All you need to know about striking a perfect work-life balance

With much of the world sequestered, and remote work protocols in place, staying motivated and maintaining a progressive work-life balance will yield greater productivity

Dubai records 9.9% rise in Q1 property transactions; top 5 areas revealed

Mortgage registrations have been “consistently higher” this year, finds Property Finder report

No renewal of Emirates ID in the UAE until Stay Home fines are paid

The UAE has said that it will impose a Dhs2,000 fine for any person leaving their home for unnecessary reasons

Flydubai operates 23 repatriation flights, plans up to 10 more over the next week

The flights operated to Afghanistan, Croatia, Egypt, Iran, Russia, Sudan, Somaliland and Thailand

Bahrain to pay private sector salaries with $570m Covid-19 relief package

The government will pay the salaries from April to June of approximately 100,000 citizens employed in the private sector

UAE’s Etihad expands its passenger freighter network

Etihad Cargo is introducing services between Abu Dhabi and Melbourne, Chennai, Kerala, Karachi, and Amsterdam

Watch: UAE launches video campaign to highlight its fight against Covid-19

The government has hailed everyone in the country for their unified response to the pandemic

Saudi wealth fund builds $200m stake in Norway’s state oil company

The fund last month built an 8.2 per cent stake in cruise operator Carnival Corp. after shares slumped due to the fallout of the coronavirus pandemic

NMC Healthcare

NMC heads to administration after bowing to creditor demands

With a market value of $2.4bn and total debt of $6.6bn, NMC faces an investigation by the UK’s Financial Conduct Authority

Abu Dhabi residents do not require movement permits during sterilisation programme

The sterilisation programme takes place in residential areas of the emirate daily from 8pm-6am

Saudi extends exit, re-entry visas of expatriates

The extension will be done automatically without the need to visit the passport headquarters

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Saudi-led Arab coalition announces two-week ceasefire in Yemen

The two-week period is subject to extension

UAE cabinet approves new paid leave policy for select government employees

Married employees may take fully paid leave to take care of children below the age of 16

Ajman Crown Prince postpones all business fines; announces new economic incentives

The new economic stimulus package provides relief to businesses operating across foreign trade, customs, tourism and real estate sectors