Following the Covid-19 outbreak, the kingdom introduced two initiatives worth $665m to support farmers and facilitate food imports
The airport processed 7,315 cargo flights in March
Approximately 98 per cent of companies in Abu Dhabi are SMEs, contributing 29 per cent of the emirate’s GDP and 44 per cent of its non-oil economy
It is using the Emirates passenger fleet to transport cargo in the overhead bins and and on the seats, in addition to the belly of the aircraft
Customs transactions in Dubai reach 4 million in Q1 2020, up 60 per cent year-on-year
A self-clearance service will allow companies to clear shipments themselves without resorting to customs brokers
Nearly 65 per cent of British Business Group members say they need more clarity on the UAE government schemes available to them
The testing of the employees would be carried out in coordination with the Department of Health (DoH)
For existing licence holders, the new fee will apply at the time of renewals
Prior to the pandemic, the plant had been mostly targeting Europe for sales of low-sulfur diesel and jet fuel
DAFZA will also cancel fines issued to companies
It has also created Digital Freight Alliance, an online association that brings freight forwarders globally onto one platform
The move will facilitate a continued food supply in the lead to the month of Ramadan
A full refund will be offered to exhibitors on cancelled events and where a new schedule is not feasible for the participants
Sellers can register on manasah.com for free
From April to June 2020, retailers of all types based in Gate Avenue, Gate Village and Gate District will not be required to pay basic rent
The agreement will create more than 4,000 job opportunities in the port and logistics sector
The new economic stimulus package provides relief to businesses operating across foreign trade, customs, tourism and real estate sectors
The company said that it fulfils deliveries within an hour and offers groceries at hypermarket prices
The interim and complimentary ‘Express Service Lane’ by the UAE-based company is part of its efforts to aid in the country’s Covid-19 response
Consumers can raise complaints or pose queries regarding the prices of the commodities via the website itself
It warned that these products could affect the nervous system and even cause blindness in severe cases
The global benchmark crude has already plunged to record lows, completing the worst quarter in history on Tuesday
While the Covid-19 outbreak has created pandemonium globally, some business segments from education and entertainment to telemedicine and telecommunications now have a bigger role to play than ever before
On Tuesday, Saudi reported 110 new coronavirus cases, raising the total number infections in the country to 1,563
A closer look at the ripple effects of plunging oil prices and a weak demand for the commodity, as well as predictions on how the industry will cope in the near- to long-term
Demand is down about 15 million to 20 million barrels a day and will shrink further with India’s decision to go into lockdown
Dubai Economy has outlined businesses which are affected by this decision, the exemptions and the duration of the closure too
Annual revenue meanwhile rose by 36 per cent in 2019 to $7.68bn from $5.6bn in 2018
DP World, UAE Region currently contributes to over 33.4 per cent of Dubai’s GDP