The executive was found to have carried out client transactions “without authorisation” and engaged in “misleading and deceptive conduct”
The emirate listed a $1bn sukuk on Nasdaq Dubai in April 2019, and another $750m sukuk in October
The volume of infrastructure deals has increased to $73bn so far this year, more than the $68bn of transactions announced during the first quarter in 2019
Those who necessarily need to be present in the office will work shorter hours and in shifts
In 2019, KKR and BlackRock agreed to invest $4bn in ADNOC’s oil pipeline network
Middle East airlines have lost $7.2bn in revenues from the Covid-19 pandemic as of March 11
Starting April 1, Dubai-based banks will waive loan repayments for three months for individuals forced to take unpaid leave, and for small businesses
The directive comes into effect today, March 22
UAE carriers Emirates and Etihad have reduced flights due to the ongoing Covid-19 pandemic
The total number of those who have recovered in the country totals 38
With technology rapidly changing, edge computing is starting to gain centrestage – and for good reason
The Finance Ministry it would exempt the private sector from some government fees and delay other payments
The carrier will operate special flights to Moscow and St. Petersburg between March 20-29
The kingdom needs oil at almost $84 to balance this year’s budget
Al-Futtaim’s local mall portfolio consists of Dubai Festival City Mall and the Festival Plaza mall
Passengers can cancel their bookings for free, and use the original value of their bookings as credit towards their next trip
Income losses for workers are estimated between $860bn and $3.4 trillion by the end of 2020
Brent futures declined 13 per cent to settle at $24.88 a barrel, the lowest since 2003
Most of the biggest carriers in the US, China and Middle East are likely to survive because of government help or support from their owners
The UAE will permit companies to use Microsoft Teams and Zoom applications that allow virtual conferencing
This move is to facilitate access to distance learning programmes
The carrier has stopped serving about a quarter of its usual destinations
Plenty of cameras. But do they all add up?
Dubai and Abu Dhabi’s main stock indexes are both down 32 per cent this month
The reduced operating hours do not apply to Carrefour, pharmacies or clinics within the malls
Earlier this week, the company said that it was stopping all new transactions
Finablr had a market value of $94m when it was halted from trading this week
IATA said a March 5 estimate suggesting carriers will lose $113bn in revenue this year is already outdated
As of Tuesday, 127,000 individuals had been tested for coronavirus in the UAE
Futures in New York fell 2.8 per cent in the Asian morning, touching as low as $26.20 a barrel