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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

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

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

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

schools uae

UAE students returning from abroad subject to mandatory 14-day home quarantine

All school staff and students returning from outside the UAE must complete necessary medical examinations

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?

How technology will cruise the automotive industry forward

The next phase of the UAE’s mobility market is here and it will revolutionise the way we travel

UAE reports 15 new coronavirus cases, with total now at 45

Two more Chinese patients in the UAE have recovered, officials said

UAE reports new coronavirus case after Emirati student tests positive

He is not showing any symptoms and is currently receiving the necessary treatment

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

Etihad

Etihad Airways annual loss narrows to less than $1bn

Revenues for 2019 slid about 5 per cent to $5.6bn

Abu Dhabi International Book Fair postponed due to coronavirus

The statement on its website added that the move “is a precautionary measure to protect public health”

UAE urges citizens and residents to avoid travelling due to the coronavirus outbreak

Individuals who travel will be subject to certain measures including medical checks at the airport and possible home quarantine upon their return

emirates skywards

Emirates app crosses 20 million download mark

While it is already available on the Google Play and Apple Store, it was recently added to the Huawei AppGallery too

Everything you need to know about the four-week break for schools, universities in Dubai

All nurseries, schools and universities across the country will be closed for four weeks starting March 8

NMC Health cut from FTSE 100 index after Muddy Waters criticism

NMC shares slumped 64 per cent in a little more than two months after Muddy Waters’ report

UAE President Sheikh Khalifa bin Zayed establishes Abu Dhabi Arabic language centre

The Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed appointed Dr Ali bin Tameem as chairman of the new centre

Indian school student in Dubai tests positive for coronavirus

The authority is testing and monitoring students, staff and workers of the school who may have interacted with the coronavirus patient

e-learning study from home

UAE schools begin rolling out learn-from-home programmes

Schools began to test remote learning systems even before the announcement of the revised spring break dates was made

Dubai bank Emirates NBD to reduce tariffs following UAE central bank initiative

Late last month, the UAE central bank urged banks to reschedule loans and reduce fees

Flydubai returns to profit in 2019, but says Max grounding ‘significantly impacted’ growth

The airline reported a 2.6 per cent drop in revenues, while passenger numbers fell by 12.7 per cent

Update: Abu Dhabi’s Etihad asks cabin crew to take paid leave

A spokesperson for the airline added that changes in demand for travel brought about by Covid-19 coronavirus has resulted in this decision

nursery uae

Coronavirus: Nurseries in UAE to also remain closed for four weeks

Early on Wednesday morning, the ministry said that all schools and universities across the country would remain closed for four weeks beginning from Sunday

UAE’s GDP set to increase 2.5 per cent to Dhs1.5 trillion in 2020

The country’s minister of state also added that it was too early to assess the full impact of VAT on the national economy

Abu Dhabi’s healthcare regulator suspends international patient care services

The Department of Health is liaising with authorities to ensure that IPC patients have access to timely healthcare services

UAE officially starts operations at Barakah nuclear power plant

The load of the 241 fuel assemblies into the Unit 1 reactor was completed this week

Different Arab money

UAE, Saudi and Bahrain lower interest rates in line with Fed move over virus outbreak

Central banks in the GCC matched the Fed’s half-percentage point cut

Coronavirus: Ai Everything and Careers UAE postponed

Ai Everything has been postponed indefinitely, while Careers UAE will take place in October this year

NMC founder Shetty weighs sale of pharma business

Abu Dhabi-based pharmaceuticals business, Neopharma, could be valued at between $700m and $1bn