Dubai / WAM Dubai Customs has completed 452,300 insurance refund requests with a value of AED3.2 billion in H1 2020, according to the latest statistics from the Refund and Maqasa Department at Dubai Customs. The smart Insurance Refund Portal helps clients submit their claims 24/7, which saves their time and reduces cost on them. Dubai Customs has gone far in ...

Dubai / WAM Major General Mohammed Ahmed Al Marri, Director-General of Dubai’s General Directorate of Residency and Foreigners Affairs (GDRFA) met with representatives of tourism companies in Dubai to discuss the mechanism for granting tourist visas as part of promoting and revitalising tourism in the post-Covid-19 phase. The meeting was also attended by Major General Obaid Muhair bin Suroor, Deputy ...

ISLAMABAD / WAM The UAE continues its firm commitment to international cooperation by providing essential health and humanitarian supplies to nations grappling with the impact of the coronavirus (Covid-19). The Pakistani-Emirati Military Hospital in the Pakistani city of Rawalpindi stands as a shining example of UAE’s humanitarian and developmental initiatives to combat pandemics and natural calamities. In the past few ...

Bloomberg Canada’s Natural Resources Minister Seamus O’Regan said he’s in talks with the US Secretary of Energy Dan Brouillette about finding a path to move ahead with oil pipeline projects, the Globe & Mail reported. “He’s somebody who’s been in the energy business and with the energy department for quite some time. He does have that understanding so we do ...

Millions are unemployed, public budgets are falling apart, the economy is struggling, and the Covid-19 epidemic is raging anew — and most of the $2.7 trillion floor Congress put beneath that misery will soon be gone. So Congress and the White House are back at the drawing board. Formal bailout packages haven’t surfaced, but policy makers are saying the right ...

Boeing Co’s 737 Max may be on track to finally return to commercial service later this year, but the plane’s biggest customer isn’t eager for fresh deliveries. Southwest Airlines Co doesn’t expect to take any new Max jets this year, Chief Executive Officer Gary Kelly said in an interview with Bloomberg News. The airline had previously said it would add ...

You know Tesla Inc is maturing as a carmaker when it manages to be slightly dull. The earnings update was even more eagerly anticipated than usual after the recent surge in its share price. Elon Musk’s company has added an astonishing $200 billion to its already ample market capitalisation since the end of March. Confirmation that Tesla will add a ...

US just took a step beyond funding Covid-vaccine research towards actively securing shots. The government signed an agreement with Pfizer Inc and BioNTech securing 100 million doses of their vaccine candidate for $1.95 billion, payable if the inoculation succeeds in clinical trials and gets approved by the Food and Drug Administration. Vaccine pricing is always contentious, and even more so ...

Bloomberg Boeing Co 737 planes in storage because of the coronavirus pandemic are at risk of losing power in both engines when they fly again and must be inspected, the US Federal Aviation Administration (FAA) said. The emergency order applies to about 2,000 older Next Generation and Classic versions of Boeing’s workhorse single-aisle jet in the US, not the grounded ...

Bloomberg British Airways owner IAG SA is looking at raising as much as 2.75 billion euros ($3.2 billion) in a share sale to help strengthen its balance sheet and ride out the coronavirus crisis. The London-based group, which also owns Spain’s Iberia and Aer Lingus of Ireland, said that it may opt for a rights issue, though no final decision ...