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Covid-19: Violators of preventive measures to face fine, jail terms

Abu Dhabi / WAM The Ministry of Interior (MoI) has called upon members of the public to stay at home except in cases of necessity, including getting essential supplies, such as food and medicine, or going out for work. “The measures are part of the precautionary and preventive steps taken by the UAE to contain the coronavirus (Covid-19) and ensure ...

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Oil slides towards 2003 low as demand plunges

Bloomberg Oil dropped towards the lowest level since 2003 as demand plunged as governments froze economic activity to combat the coronavirus, and prospects for a Opec-Texas production deal faded. Futures in London fell 5.6% to near $25 a barrel as some traders estimate crude demand will collapse by as much as 20 million barrels a day this year. Texas Railroad ...

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Abu Dhabi suspends rent evictions for two months

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday directed the Abu Dhabi Judicial Department to halt all rental property eviction cases currently underway, along with executive procedures like imprisonment, blocking of bank accounts, seizure of vehicles, stocks and assets for ...

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