Dubai begins work-from-home for federal government employees

The policy will be gradually applied to all the other emirates across the country

acwa power uzbekistan

Saudi Arabia’s ACWA Power, Uzbekistan sign $2.5bn energy agreements

The agreements include the construction of a 1,500MW Combined Cycle Gas-Turbine power plant and a 500-1000MW wind farm

Etihad, Air Arabia offer flexible booking options

Customers will only need to pay the fare difference, if any, at the time of rebooking their flights

arabian travel market

Dubai trade fair Arabian Travel Market postponed due to coronavirus

The travel exhibition will now be held from June 28-July 1, 2020

Etihad flights that landed in Saudi on Monday had to return with all non-Saudi nationals

The kingdom temporarily suspended flights to and from nine countries, including the UAE, on Monday

Oil drops 31% in worst loss since Gulf War as price fight erupts

Goldman Sachs warns that prices could drop to near $20 a barrel

Abu Dhabi’s Etihad to launch new service to Vienna

The route will be operated using a two-class Boeing 787-9 Dreamliner

Gold tops $1,700 amid market mayhem

The metal hit the highest since 2012, before paring gains, as Brent collapsed and futures on the S&P 500 Index sank

GCC coronavirus update: Total cases reach 200

The new strain of the coronavirus has infected over 108,000 lives globally

Dubai’s DIFC creates over 2,000 new jobs, adds 493 new businesses in 2019

Total banking assets booked in DIFC stood at $178bn in 2019

Dubai’s DXB and DWC airports shut down smart gates

At Dubai airport, every traveller will go through unobtrusive thermal screenings

Burj Khalifa[2] dubai

Dubai adds 11,877 jobs in February

Of the total number of licences issued by Dubai DED last month, 72.4 per cent were professional and 26.1 per cent were commercial

bahrain formula 1 f1 gp

No spectators allowed at this year’s Bahrain Grand Prix event

The race weekend will proceed ahead as a televised event

UAE’s First Abu Dhabi Bank sells 2.5 million shares held by NMC’s BR Shetty

Almost 4.8 million shares which belonged to Shetty were held in a nominee account in Falcon Private Bank which were then transferred to First Abu Dhabi Bank on February 5

GCC stocks plunge, Aramco drops below IPO price for the first time

On Friday, oil prices plunged the most since 2008 on signs of a breakdown in the global OPEC+ alliance that helped underpin crude’s recovery since 2014

Video, pictures: Dubai’s Emirates intensifies aircraft cleaning process

The airline has implemented a complete disinfection of all cabins as a precaution against the Covid-19 outbreak

Saudi Arabia launches recruitment drive for Expo 2020 pavilion in Dubai

There will be a 50:50 ratio maintained in the number of males to females accepted into the programme

Saudi’s AlUla South project to begin issuing applications for building permits next week

The kingdom has announced plans to establish AlUla as the world’s largest living museum

rta shindagha

Dubai’s RTA awards Dhs450m contract for Falcon Junction project

The project is part of Phase III, expected to be completed by 2022, of the Al Shindagha Corridor Project

Austria’s OMV mulls additional 39% stake in Borealis from Abu Dhabi’s Mubadala

The acquisition would increase OMV’s holding in Borealis to 75 per cent, while Mubadala would maintain a 25 per cent stake

UAE government body ADEX approves Dhs550m to finance exports in 2020

The amount is available as direct loans to foreign buyers and as lines of credit to international financial institutions importing goods and services from UAE companies

Saudis plan big oil output hike following collapse of OPEC+ agreement

Brent crude, the global oil benchmark, closed down 9.4 per cent on Friday, its biggest daily drop since the global financial crisis in 2008, settling at $45.27 a barrel

Iraq to suspend border trade with Iran, Kuwait from March 8-15

Sea- and air-borne trade will continue as long as personnel and goods involved have the necessary paperwork from their originating countries

Saudi Arabia restricts entry points for arrivals from UAE, Kuwait and Bahrain

Entry through land ports between the kingdom and the three GCC countries will be restricted to commercial trucks only

Gulfood 2020: All in good taste

With food security high on the UAE’s agenda, local F&B operators are investing heavily in innovation and new technologies, as was evident at the annual Gulfood exhibition in Dubai. What comes next?

Oil records biggest drop since 2008 after OPEC+ fails to reach agreement

Brent for May settlement dropped $4.72 to $45.27

As the coronavirus spreads, what are the regional implications?

The coronavirus infection that has left China grappling, has also managed to disrupt the global supply chain

Coronavirus infections in the GCC cross 150; Kuwait, Saudi report additional cases

The Covid-19-induced deaths have crossed 3,000 globally

Passenger airline industry could lose up to $113bn due to coronavirus – IATA

Airline share prices have fallen nearly 25 per cent since the outbreak began

schools uae

UAE Ministry of Education clarifies spring break dates for teachers and students

The spring break for students will only extend from March 8-19, following which they will need to partake in learn-from-home programmes