#Government

Abu Dhabi launches digital service for rent refunds on commercial leases

The new online service has been activated in collaboration with the Abu Dhabi Department of Finance

grand mosque

Eid Al Fitr holidays for UAE announced

The five-day break is expected to fall between May 22-26

dubai silicon oasis

Dubai Silicon Oasis introduces additional economic relief measures

In April, DSOA introduced several incentives for residents, startups, companies and commercial tenants located within buildings owned by the authority

Saudi Arabia triples VAT, cuts cost of living allowances

The steps taken to shore up revenue and rationalise spending are valued at about SAR100bn in total

Abu Dhabi Movement Permits

Abu Dhabi begins permit system for movement during sterilisation programme

Those who are fined and want to file an appeal can submit their objection within 15 days of the violation

Dubai’s Emirates Group reports 28% drop in full year profit

The group’s revenues decreased 5 per cent to Dhs104bn

Covid-19: Kuwait begins three-week complete lockdown from May 10

Only essential private sector activities will be permitted during the lockdown

Decision on 2020-2021 academic year ‘under review’ – UAE education ministry

Local media reports have indicated that e-learning will continue into the next academic year

UAE Covid-19

UAE reports 624 new Covid-19 cases, 11 deaths; efforts accelerate to identify virus strains

The government also announced 458 recoveries, the highest number of daily recoveries reported until now

Video: First repatriation flights from the UAE to India take off

The flights, operated by Air India Express, headed to Kerala in India

Bahrain’s Covid-19 campaign raises $100m to support the needy

Public sector institutions and corporations made significant contributions to the fund as well

Khalid Al Marzooqi Khalifa Industrial Zone Abu Dhabi

Khalifa Industrial Zone Abu Dhabi announces stimulus package for SMEs

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

Dubai’s Q1 2020 external trade reaches Dhs323bn with China as largest trading partner

Customs transactions in Dubai reach 4 million in Q1 2020, up 60 per cent year-on-year

UAE’s Mubadala Healthcare and NYUAD to jointly produce 3D-printed medical masks

The 3D-printed masks will be similar to the N95 mask, but will be reusable and feature replaceable filters

Abu Dhabi Pay

TAMM launches Abu Dhabi Pay to offer digital payment options for government services

Currently, digital wallet and credit card payments are available while direct bank debit will subsequently be added to the platform

Indians in the GCC who lost their jobs to be given priority for repatriation

India will begin repatriating nationals stranded abroad in a phased manner beginning from May 7

sheikh hamdan

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

Sharjah extends suspension of all social and sports events

The suspension will be in place until the end of May and could be extended further

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

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

KUWAIT-INDIA-HEALTH-VIRUS amnesty

Amnesty ends in Kuwait, 30,000 undocumented expats avail scheme – report

The initiative, which was in place from April 1-30, permitted residency violators to leave the country without paying any fines

Sheikh Mohammed

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

Robot technology deployed to disinfect Abu Dhabi airport, screen passengers

The robot will be deployed throughout Abu Dhabi International Airport including staff areas and cargo facilities as well as cabins on passenger aircraft

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

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

Registration opens for Indians in the UAE seeking to return home

Officials said the decision on resumption of passenger flights to India “will be taken in due course”

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

First Abu Dhabi Bank

First Abu Dhabi Bank reports 22% decrease in year-on-year Q1 2020 net profit

Meanwhile, the value of total assets of the UAE’s largest bank rose 14 per cent to Dhs835bn