Ultra Abu Dhabi music festival postponed over coronavirus fears

The event was scheduled to be held from March 5-6 at the Du Arena

Italian investor seeks partner to bid for troubled NMC Health

GKSD Investment Holding SA approached Abu Dhabi’s Mubadala Investment Co. about becoming an equity partner

Bahrain, Manama, Cityscape view of Bahrain World Trade Center and Bahrain Financial Harbor

Inspired by Aramco IPO, Bahrain may sell stake in oil assets

Bahrain, where oil and gas are also central to the economy, wants to balance its budget by 2022

UAE denies breach of coronavirus quarantine in Abu Dhabi hotels

Two Italian technicians who were part of the UAE Tour competition were confirmed as the latest cases of coronavirus in the UAE

UAE weather update: Poor visibility expected in select parts of the country

The weather will remain partly cloudy on Tuesday, with temperatures expected to drop significantly

Dubai schools allowed to raise fees by 6.4%

Coronavirus: UAE government schools to pilot distance learning programme

The learning from home initiative will be tested for students from Grades 6-12 beginning on Wednesday and Thursday

SAUDI-HEALTH-VIRUS

Saudi Arabia confirms first case of coronavirus

A Saudi citizen, who came from Iran via Bahrain, tested positive for the virus

WHO flies Dhs1m aid from Dubai to Iran to combat coronavirus

The shipment included gloves, surgical masks and laboratory diagnostic kits

Latest coronavirus case in India travelled from Dubai

The other coronavirus patient travelled from Italy

Samsung launches its Galaxy S20, Z Flip phones in the UAE, prices revealed

For the smartphone industry, 2020 is anticipated to be a ‘breakout’ year for 5G devices

jaguar land rover

Jaguar Land Rover building a new facility in Dubai

The facility is expected to be fully operational by the first quarter of 2021

NMC Healthcare

Hospital operator NMC Health asks lenders for leniency

NMC’s shares have been in free-fall since a December report by Muddy Waters Capital LLC

Wizz Air Abu Dhabi to launch in H2 2020

The low-cost carrier will focus on establishing routes to markets in which Wizz Air has existing, high growth operations

RTA launches Bus On-Demand service in Dubai

Customers will be able to summon minibuses via the Bus On-Demand app within select areas across the emirate

UAE grants flexible working hours to mothers of children attending nurseries

The benefit will be available to all public sector female employees across the country

fujairah port

UAE’s Port of Fujairah plans Dhs750m upgrade and expansion project

It will be carried out over two years and will increase the port’s oil-handling capacity

Dubai schools allowed to raise fees by 6.4%

Dubai’s KHDA clears the air about coronavirus concerns

All internal and external gatherings at private schools and universities in Dubai were cancelled amid coronavirus fears

NMC Health hires Moelis for debt restructuring – reuters

Standard Chartered, First Abu Dhabi Bank and HSBC Holdings are among the banks that provided debt to the company

Dubai Expo 2020 ‘closely monitoring’ coronavirus situation

Organisers say they are hopeful that global efforts will succeed in managing the virus

Coronavirus update: Bahrain confirms 47 cases, 1977 people tested

All patients that tested positive in Bahrain have been transferred to an isolation centre for quarantine and treatment purposes

Saudi Arabia launches online service for Umrah visa refunds

The refunds can be collected via the local Umrah agents in their respective countries

Dubai Lynx postponed amidst coronavirus concerns

The event has been rescheduled from March to September

Dubai International Boat Show postponed

The event will now take place later this year from November 24-28

European Commission greenlights Saudi Aramco-SABIC deal

Saudi Aramco seeks to acquire a 70 per cent stake in SABIC for $69.1bn

Saudi Arabia’s Islamic Development bank lists $2bn sukuk on Nasdaq Dubai

The sukuk makes IsDB the leading sukuk issuer by total value on Nasdaq Dubai

Abu Dhabi’s Musanada completes Dhs254.4m infrastructure project

The project services residential plots spread across 2.2 square kilometres

Oman quarantines more than 1,300 people on coronavirus fears

The sultanate has reported a total of six Covid-19 cases

Dubai’s Emirates offers leave to staff as virus saps demand for travel

Emirates halted most flights to China and suspended operations to Iran

Saudi Arabia stops issuing tourist visas to residents in China; six other countries

Previously issued tourist visas to residents of these countries will also be temporarily suspended

Dubai’s DIFC, Mashreq Bank launch bank account opening with KYC blockchain platform

The platform will make it easier for new companies to do business in the UAE, removing existing paper-based KYC processes