News

Bloomberg The euro area is preparing to make available credit lines from its bailout fund worth up to 2% of each country’s output, as the region’s finance ministers seek to lay out the next phase of their fiscal response to the coronavirus outbreak. The tentative progress comes as an array of forecasts and sentiment indicators have pointed to a severe ...

ABU DHABI / WAM In line with precautionary measures to ensure the health and safety of visitors, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has decided to temporarily close all cultural sites in the emirate starting from Wednesday until further notice. They include Bait Al Oud, Berklee Abu Dhabi and Al Qattara Art Centre. These ...

Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, chaired the Annual General Meeting of Dubal Holding LLC (DH), the investment arm for the Government of Dubai for power and energy, commodities, mining and industrial projects, at the Ruler’s Court. Saeed Mohammed Al Tayer, Vice Chairman of Dubal Holding, the ...

ABU DHABI / WAM The UAE cabinet chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved a series of decisions that benefit subscribers of the Federal Authority of Water and Electricity, and seeks to support retails, hotels and industrial sectors. The move is part of the UAE’s ...

DUBAI / WAM Hessa Essa Buhumaid, Minister of Community Development, announced the introduction of new smooth procedures across all its customer happiness centres for the benefit of the general public across the UAE. “This step confirms the ministry’s commitment to ensure the continuity and flexibility of all government services in light of the directives of the smart government to reduce ...

Dubai / WAM As part of precautionary measures against the novel coronavirus Dubai’s Roads and Transport Authority (RTA) announced several proactive and preventive measures to protect the health of public transport riders. Measures taken include controlling the number of riders per metro/bus to maintain a safe distance between riders. Bus doors will be controlled by the driver. The front/middle doors ...

FUJAIRAH / WAM National Bank of Fujairah (NBF) on Wednesday announced that it appointed Dr. Raja Al Gurg, Vice Chairperson and Managing Director of the Easa Saleh Al Gurg Group, as the new Deputy Chairperson of its board. Dr. Raja Al Gurg will be taking over the role of her father, Easa Saleh Al Gurg, and will be working closely ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to President Ekaterini Sakellaropoulou of Greece, on the occasion of her country’s Independence Day, which is marked on March 25. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and ...

DUBAI / WAM Dubai Economy has directed commercial establishments in the emirate to close down for two weeks starting from Wednesday in line with the preventive measures announced by the Ministry of Health and Prevention and the National Emergency Crisis and Disaster Management Authority in view of the Covid-19 pandemic. According to a press release issued by Dubai Economy on ...

DUBAI/ WAM Oasis Malls has announced closure of its mall outlets for two weeks on Wednesday. In a statement, Oasis Malls explained that mall closures will exclude Carrefour, pharmacies and clinics within the shopping malls in Dubai and Sharjah. “Oasis Malls will carry on with its daily cleaning and disinfection practices in line with the UAE Ministry of Health and ...