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Abu Dhabi National Insurance Company

Abu Dhabi National Insurance Company reports Q1 net profit of Dhs122.6m, up 133% y-o-y

Its gross premiums increased to Dhs1.87bn, up 7.7 per cent over the corresponding quarter from last year

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

GCC Covid-19 update: Saudi registers 1,351 infections; UAE reports 552 cases

The death toll in the UAE and Saudi Arabia has risen to 105 and 162 respectively

UAE pharma Julphar resumes exports to Saudi after suspension

The kingdom banned Julphar’s products in September 2018 for failing to meet regional standards

UAE Coronavirus

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

coronavirus

UAE reports 549 new Covid-19 cases, says none of those recovered have been re-infected

The death toll has now risen to 98

GCC Covid-19 update: Saudi reports 1,325 new cases; Kuwait death toll rises

Since the outbreak, Saudi Arabia has reported 21,402 Covid-19 cases, while in Kuwait, 3,740 people have contracted the virus

Abu Dhabi City United Arab Emirates

Abu Dhabi’s ADQ acquires 100% ownership of National Petroleum Construction Company

ADQ assumed complete ownership of NPCC after acquiring 30 per cent shares previously held by Consolidated Contractors International Company

NMC controversy: Founder BR Shetty issues first public statement, denies wrongdoing

Shetty claimed he was also a victim of fraud and put the blame on a “small group of current and former executives”

Dettol pledges $1m to support frontliners in Saudi Arabia

Dettol’s commitment will come in the form of half a million hygiene and cleaning products that will be used to support frontline health workers throughout the country

doctors

UAE reports 490 new Covid-19 cases, 6 deaths

Since the outbreak, the country has reported a total of 10,839 Covid-19 cases

coronavirus

GCC Covid-19 update: Saudi reports 1,289 cases

Saudi Arabia has reported a total of 18,811 Covid-19 infections since the outbreak

Abu Dhabi’s NMC Health to delist from London Stock Exchange; UAE to seize founder BR Shetty’s assets

NMC Health said last month that they had uncovered $2.7bn of debt hidden from its board, doubling its borrowings to around $5bn

NMC Health backer weighs strategic options, debt revamp

KBBO chairman Khalifa Bin Butti Omeir Al Muhairi stepped down as vice-chairman of embattled NMC in February amid confusion over the exact size of his stake in the hospital operator

Video: Field hospitals for Covid-19 patients to open in Abu Dhabi, Dubai

The facilities are being set up in Emirates Humanitarian City, Abu Dhabi Exhibition Center and Dubai Parks and Resorts

Dubai extends closure of hotels, restaurants, events, until further notice

A disinfection programme is underway in the emirate and was expected to end on April 18

coronavirus

Covid-19: UAE reports 432 new cases, 5 deaths

The total number of deaths in the UAE has now reached 33

saudi arabia riyadh

GCC Update: Saudi reports 493 new Covid-19 cases, 6 additional deaths

The total number of those infected in the kingdom tallies 5,862

Stranded visitors to the UAE offered medicines at cost price

Visitors with no local health insurance coverage will be able to purchase medicines at Aster Pharmacy

Dubai World Trade Centre converted into a field hospital

The director general of the Dubai Health Authority said that the emirate was setting up two field hospitals to deal with Covid-19 cases

dubai healthcare

Dubai rolls out e-licences for healthcare workers

Applicants do not need to visit the offices of the regulatory body to undergo trainings or receive approvals as the process is now completed entirely online

NMC creditors are forming a committee for $6.6bn debt talks

The company was placed in administration last week

Covid-19 testing UAE 4

UAE reports 387 new Covid-19 cases, DHA to begin blood plasma treatments this week

It also announced two deaths, thereby raising the total number of fatalities as a result of this coronavirus in the UAE to 22

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

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

Residents in Abu Dhabi to have medicines delivered at home

The pharmacies must maintain the confidentiality of patients’ information during home delivery of medicines

NMC rejects call for administration as hospital crisis widens

Most of NMC’s senior management has resigned since it revealed more than $4bn of undisclosed debt, and the company has lost its elite status as a member of the FTSE 100 index

UAE-based pharma Julphar appoints new CEO

Essam Farouk replaces Jerome Carle, who resigned from the role last year

Demand for health gadgets surges in lockdown, likely to last

The fear of infection has accelerated the adoption of apps and wearables as a means to feel better protected

LinkedIn to offer free recruiting tools in the UAE for people with ‘critical skills’

Companies can post mission-critical jobs for free on the platform from April 1 to June 30