Oil slumps again as collapsing demand counters stimulus efforts

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 clarifies directive on closure of commercial establishments

Dubai Economy has outlined businesses which are affected by this decision, the exemptions and the duration of the closure too

Sir Bani Yas Island Abu Dhabi

Virtual Tour: Sir Bani Yas Island, Abu Dhabi

The 60-second video includes dramatic sweeping aerial footage of the 41-square-kilometre park and its animals including cheetahs, giraffes and gazelles

carrefour mobimart

UAE retailer Majid Al Futtaim to reassign over 1,000 employees to Carrefour

Ahead of the redeployment, employees have completed the requisite training

Dubai police drone

Dubai Police could issue fines of up to Dhs1m for defying StayHome campaign

It is also using drones to ensure compliance with Covid-19 precautionary measures

Tokyo Olympics delayed a year as virus wipes out 2020 plans

The Olympic torch relay that was supposed to start later this week had already been called off

Airlines may take $252bn hit from pandemic, association says

Industry-wide traffic is expected to decline almost 40 per cent in 2020 as a whole

UAE supermarkets and pharmacies can remain open 24 hours a day

The percentage of shoppers in each of these establishments at any time must not exceed 30 per cent of its total capacity

Covid-19: Bahrain registers third death, UAE reports 50 new cases

The total number of confirmed Covid-19 cases in the UAE now stands at 248

UAE’s TRA shares list of ‘online grocery’ apps

The online stores on the list include large shopping centres and cooperatives, as well as grocery stores, meat and vegetable shops, and other services

RAKBANK reveals measures to support those affected by Covid-19 outbreak

RAKBANK will collaborate with individual customers, SMEs and large corporates on a case-by-case basis to provide flexible solutions

Skype for Business, Google Hangouts, other applications now available in the UAE

The applications would be available “exceptionally and until further notice”

Abu Dhabi Airports appoints new acting CEO

Shareef Hashim Al Hashmi was previously working with the Tawazun Economic Council

Dubai Financial Services Authority

Dubai financial regulator DFSA warns against increased cyber attacks, frauds

DIFC firms were encouraged to deploy DFSA’s Threat Intelligence Platform to enhance their cybersecurity

Sharjah National Oil awards $40m contract for gas storage facility

The project is planned to be implemented in phases

Sharjah Police

Video: Sharjah Police use drones to reinforce coronavirus movement restrictions

Public announcements were made in three languages via speakers on the low-flying drone

Oil finds firmer ground after Fed unleashes support measures

Futures in New York rose around 5 per cent past $24 a barrel

Covid-19 in GCC: Saudi registers 51 new cases, Bahrain reports 41

A total of 562 people are infected with the Covid-19 virus in Saudi Arabia

UAE supermarkets confirm that they remain open, are ‘fully stocked’

Supermarkets also confirmed that they are carrying out regular sanitisation procedures

Etihad

Etihad to board only Emiratis and diplomats from foreign airports bound for Abu Dhabi

The airline said that guests currently within the UAE will still be able to depart from Abu Dhabi until 11.59pm on Wednesday, March 25

Pilgrims in Saudi Arabia who exceeded Umrah visa to apply for ‘exemption’

All exemption requests must be submitted before the end of March 28 through the ministry’s website

The latest phase of the #DubaiDestinations campaign,

Visitors to the UAE will not be affected by suspended flights – authority

Visitors who cannot exit the country due to closures will be granted permission to stay legitimately

coronavirus

Covid-19: UAE reports 45 new cases, total tallies 198

A total of 41 individuals have recovered from the Covid-19 infection in the country

UAE’s Emaar adopts remote working policy for employees

The company’s customer channels will be operating 24/7

Covid-19: GCC reports more than 1,700 cases, 280 recoveries; four deaths

The total number of those infected in Saudi Arabia totals 511

UAE suspends all inbound and outbound passenger flights for two weeks

Only cargo and emergency evacuation flights will be exempt

Dubai World Cup 2019 Godolphin

Dubai World Cup 2020 is postponed to next year

On Thursday, the country’s federal sports authority suspended all sporting tournaments and competitions

UAE boosts stimulus to $34bn to fend off virus impact

The nation’s central bank earlier this month rolled out a $27bn package

Update: Dubai’s Emirates says to stop ‘most’ passenger flights from March 25

The airline is implementing a series of cost-cutting measures including salary cuts for most employees

Sharjah

Sharjah issues three-month rent waiver for commercial tenants

All shops within these markets will be exempted from paying rent for three months