March, 2020

• 23 March

  Covid-19: Sheikh Mohammed hails efforts of medical teams

  

  Dubai / WAM In a phone call to the Dubai Health Authority’s (DHA), Emergency Department, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, praised medical professionals for their dedication to ensure public safety and combat the coronavirus (Covid-19) spread. His Highness Sheikh Mohammed bin Rashid reviewed the precautionary ...

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• 23 March

  Cooperation is must to overcome current situation

  

  DUBAI / WAM His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the National Olympic Committee, stated that the current situation being experienced by the sports sector and other sectors require the cooperation of all relevant organisations and individuals. He also pointed out that the safety and protection of the community is always a leading priority of ...

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• 23 March

  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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• 23 March

  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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• 23 March

  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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• 23 March

  Africa needs $100 billion stimulus to combat virus

  

  Bloomberg Africa needs an immediate emergency economic stimulus of $100 billion to combat the impact of the coronavirus pandemic and almost half of that could come from waiving interest payments for countries on the continent, according to the United Nations Economic Commission for Africa (ECA). The waiver of interest payments, estimated at $44 billion for 2020, and the possible extension ...

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• 23 March

  Deal signed to build bulk liquid storage terminal in Abu Dhabi

  

  Abu Dhabi / WAM Abu Dhabi Ports signed a strategic agreement with Saudi-based Arabian Chemical Terminals (ACT) that will see the development of the emirate’s first greenfield commercial bulk liquid storage terminal at its flagship, deep-water Khalifa Port. Further diversifying Abu Dhabi Ports’ portfolio with enhanced capabilities in handling of liquid bulk products and gases, the project will benefit existing ...

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• 23 March

  UK economy could shrink 10% in H1

  Bloomberg The UK economy will contract at least 10% in the first half of the year as the fallout from the coronavirus hammers output, according to Bloomberg Economics’ estimates. In a report released on Monday, senior UK economist Dan Hanson said support provided by the Bank of England and the Treasury should prompt a turnaround in the second half of ...

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• 23 March

  UAE leaders greet Pakistani President on National Day

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to President Arif Alvi of Pakistan on the occasion of his country’s National Day, which is known as ‘Pakistan Day’. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and ...

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• 23 March

  Covid-19: Etihad temporarily suspends all passenger flights

  

  ABU DHABI / Emirates Business Etihad Airways (Etihad) will temporarily suspend all flights to, from, and via Abu Dhabi following a decision by the National Emergency Crisis and Disaster Management Authority, and the General Civil Aviation Authority (GCAA), to suspend all inbound, outbound, and transit passenger flights in the UAE. This decision has been made to limit the spread of ...

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