The two most significant issues causing negative cashflow problems are rental obligations and employee liability issues, say operators
Off-plan transactions constituted 72 per cent of the total deals
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
Last week, the company acquired 30 per cent of shares in National Petroleum Construction Co. it didn’t already own
A self-clearance service will allow companies to clear shipments themselves without resorting to customs brokers
The Al Habtoor Group owns seven hotels in Dubai as well as car dealerships, residential properties and schools
These individuals are also not allowed to enter retails stores outside shopping centres
The measures include restructuring loans and postponing the payment of government fees
There will be 10 Air India flights organised from Dubai, Sharjah and Abu Dhabi to India from May 7-13
Currently, digital wallet and credit card payments are available while direct bank debit will subsequently be added to the platform
The post Covid-19 era will face challenges in developing and managing urbanisation, reinforcing the value of investing in sustainable and resilient infrastructure
In this special webinar, Jan Tietze from cyber security company SentinelOne, goes through the threat hunting process
The new platform will enable SME corporates to conduct simple, secure, and trusted business transactions
The decision also allows companies to terminate employee contracts after six months of the coronavirus pandemic period
It will include courses developed by institutions such as Yale University, Duke University, Imperial College London, Google, and IBM
Dubai-based Careem also suspended a portion of its public transit offerings
The committee explored ways to further facilitate food trade and distribution, diversify import sources, support local food production and reduce food waste
The series is available on the Institute’s YouTube channel
The company’s first-quarter sales dropped 18 per cent to SAR30.83bn
The comparison website accounts for more than 75 per cent of online insurance transactions in the UAE
It has also offered a 20 per cent reduction on licence fee renewals as part of its economic stimulus package
Last year, Kuwait Finance House offered to buy Ahli United Bank in an all-share deal that was valued at about $8.8bn
The initiative, which was in place from April 1-30, permitted residency violators to leave the country without paying any fines
He also ordered an emergency plan to be formulated to increase the productivity and competitiveness of the country’s medical sector
The Covid-19-induced death toll in the UAE and Saudi Arabia has risen to 126 and 184 respectively
It added that these flights are subject to aviation activities being resumed in the respective countries
Its gross premiums increased to Dhs1.87bn, up 7.7 per cent over the corresponding quarter from last year
The robot will be deployed throughout Abu Dhabi International Airport including staff areas and cargo facilities as well as cabins on passenger aircraft
A recent ruling in a French court qualified the Covid-19 pandemic as a force majeure event