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Watch: Burj Khalifa lights up as contributions pour in for world’s tallest donation box

For every light purchased for Dhs10 as part of the campaign, one meal is provided to someone in need

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

Emirates Loto

Three participants share Dhs1m prize in UAE’s Emirates Loto; jackpot raised to Dhs50m

The winning combination of numbers were 6, 17, 20, 27, 32 and 39

Message from the top: Reem Al Shihhe, COO, DIFC Courts

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

Finablr uncovers $1bn in hidden debt as UAE’s NMC Health scandal widens

The London-listed company, Finablr, had a market value of GBP77m when it was halted from trading in March, down from a peak of GBP1.5bn in December

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

Abu Dhabi Stem Cell Center

UAE reports 557 new Covid-19 cases; Abu Dhabi Stem Cells Center receives patent for breakthrough treatment

All the 73 patients who underwent the stem cells treatment have now recovered from the virus

Emirates to organise special repatriation flights in May from Dubai to five countries

The one-way special flights will allow outbound travel of residents and visitors in the UAE wishing to return to their home countries

Dubai carrier Emirates protects and prepares its wide-body fleet

Currently around 75 Emirates aircraft, both passenger and freighter, are taking to the skies, carrying people for repatriation and cargo for essential reasons

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

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

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

Etihad

Etihad announces flights to 15 international destinations from Abu Dhabi in May

Emiratis wishing to return home from any of the foreign destinations where Etihad is flying to should contact their local UAE embassy or consulate

Audi Volkswagen Middle East Dubai Corporation for Ambulance Services

Audi and Volkswagen supply SUVs to Dubai Corporation for Ambulance Services

The vehicles are being used to transport critical equipment, medical supplies and meals to team workers and their families living in the UAE

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

Abdul Hamied Ahmed Seddiqi

Ahmed Seddiqi family donates Dhs10m to Covid-19 medical research in the UAE

Dubai-headquartered Ahmed Seddiqi & Sons are one of the world’s biggest luxury watch and jewellery retailers

British Business Group

British Business Group in the UAE launches new website to support companies

Nearly 65 per cent of British Business Group members say they need more clarity on the UAE government schemes available to them

NORQAIN

Independent Swiss watch brand NORQAIN has big plans for the Middle East

In conversation with Bienne-based watch brand NORQAIN’s founder and CEO Ben Küffer

Emirates Loto

Dubai-based Indian and Filipino expats win Dhs500,000 each in Emirates Loto draw

The jackpot prize has been raised to Dhs45m for the next edition of the draw expected to take place on Saturday, May 2

Dubai to raise bonds privately to bolster finances

The emirate raised Dhs1bn through a private placement of eight-year Islamic bonds at a rate of 4.71 per cent earlier this month

Burj Khalifa[2] dubai

Dubai likely to start opening up for tourists in July

The reopening will likely start gradually and could be delayed until September, depending on global trends

Lucid Motors

Electric car manufacturer Lucid Motors enters UAE and Saudi Arabia

The Saudi PIF-backed company is expected to begin deliveries of its Lucid Air model next year to customers in the Middle East

Dubai’s Hala service partners with Sweetheart Kitchen to offer free meals

Over 500 three-course meals will be provided to Hala captains via the initiative

Majid Al Futtaim launches Dubai’s ‘first’ in-store hydroponic farm

The farm spans 24 square metres and can accommodate up to 16 varieties of leafy greens and herbs

Dubai reduces instant licence fee by over 90 per cent to Dhs250

For existing licence holders, the new fee will apply at the time of renewals

Discovery Gardens

Dubai Discovery Gardens’ tenants to receive rent deferrals, waivers

Restaurants whose services are restricted to delivery-only are offered a two-month rent-free period for April and May

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

LinkedIn Ramadan campaign

LinkedIn launches first-ever Ramadan campaign from the Middle East

Members can post their thoughts and stories of kindness using the hashtag #MonthOfKindness throughout the holy month

DAFZA announces incentives to support freezone companies

DAFZA will also cancel fines issued to companies