Business News

Dubai Economy has levied fines for price-tampering on nine pharmacies, two supermarkets and three wholesale suppliers.

Landlords in Sharjah have been instructed to offer tenants respite from rental payments during the current COVID-19 crisis.

Publicly listed companies in the UAE have been handed an additional 45 days to file their financial statements.

The Abu Dhabi National Oil Company (ADNOC) says its still committed to generating wealth for the UAE under its 2030 smart growth strategy.

The contracts of around 90 per cent of the Chilean workforce in Starbucks have been suspended.

The suspension of inbound, outbound and transit passenger flights in the UAE is still in effect.

A growing number of UAE-based companies are taking steps to ease the financial pressure on their customers following the outbreak of COVID-19.

The Abu Dhabi government is taking further steps to support businesses in the emirate.

The Dubai government will inject fresh equity into the Emirates Airline to help the carrier overcome the impact cause by the coronavirus pandemic.

UAE-based on-demand fuel delivery service Cafu will provide ambulances in Dubai with free fuel for the next two weeks.

It’s unlikely that the UAE will see an internet outage due to the increased traffic in the country due to work from home and distance learning initiatives.

Nakheel has announced a AED230 million relief package for its business partners. It covers rent relief for tenants, including retainers, restaurants and business owners in their malls and master communities.

Deferring rent payments for up to 6 months is among a host of measures announced by the Dubai Free Zones as part of the economic stimulus package.

US President Donald Trump has signed off the largest-ever US financial stimulus package, worth $2 trillion.

The majority of employees in the UAE’s banks, financial institutions and exchange houses will be working remotely over the next two weeks.

The UAE Federal Cabinet will set up a committee to address the negative impacts of the coronavirus outbreak on the national economy.

The US Senate has unanimously passed a $2 trillion bill designed to help workers and industries that have been effected by the coronavirus pandemic.

Emirates Airline has received approval from the UAE authorities to start flying a limited number of passenger flights to five destinations for now.

Dubai’s Al Zarooni Group announces rent waiver worth AED 25 million for mall tenants during the Covid-19 outbreak.

The UAE’s decision to suspend passenger flights for two weeks has now come into effect.

Dubai Chamber have launched a campaign to encourage private sector companies to implement remote working.

More than 1,000 employees at Majid Al Futtaim will be reskilled and redeployed as part of efforts to divert workforce where the demand lies.

Residents in Abu Dhabi who are affected by COVID-19 will have installments for existing loans deferred until June 30 this year.

All ADNOC fuel stations are now equipped to offer a range of contactless payment options for its customers.

Emaar Group has directed its employees to work from home from Monday, March 23, as part of preventive measures to combat coronavirus.

Emirates Airline has announced that it will continue to operate flights to some countries.

Emirates Airline will be suspending all passenger flights from Wednesday, March 25.

FlyDubai will be suspending all passenger flights from Thursday, March 26.

The UAE will be adding AED16 billion to its economic stimulus package.

A comprehensive relief package has been unveiled by banks in Dubai to help customers overcome the impact of COVID-19.

Emirati businessman Abdul Rahim Al Zarooni, Chairman of the Board of Al Zarooni Group, has donated AED10 million to the health sector.

Etihad services to Brussels, Kathmandu, Karachi and Zurich will be temporarily suspended from March 22.

The UAE's national carrier on Friday announced temporary suspension of flights to India, Sri Lanka and Russia in a bid to prevent the spread of COVID-19.

Australia on Friday announced a five-month delay in unveiling the federal budget as the government struggles to combat the impact of the coronavirus.

Emirates Airline has suspended several flights to India, Pakistan, Australia and New Zealand due to travel restrictions in place over the coronavirus outbreak.

The UAE's national carrier is optimistic about surviving the coronavirus epidemic.

Dubai's Al Futtaim Group has announced a relief fund worth AED 100 million to alleviate the pressure on its retailers during the Covid-19 outbreak .

The International Air Traffic Association is urging governments to provide state aid to their airlines.

Etihad Airways is introducing a credit system in light of COVID-19 so travellers can delay or cancel plans.

Emirates Airline will be suspending flights to Accra, Lusaka and Barcelona from Friday, March 20, until May.

The COVID-19 pandemic could leave up to 25 million people around the world without a job.

Two of the UAE’s largest industrial companies are offering training for young people in shipping and logistics

Keeping the public safety in mind, Twitter is taking extra steps to ensure only accurate information about the coronavirus gets shared on its platform.

Some flights between Dubai and Manila have been reinstated after the UAE and Philippines implemented several travel restrictions to fight COVID-19.

Qatar Airways has terminated around 200 employees, all Filipino nationals, in Doha.

The International Air Transport Association (IATA) has highlighted the importance of airfreight in the global fight against the coronavirus outbreak.

Providing monetary support to families is the top financial goal this year for half of working residents in the UAE.

If you are planning to travel to the Philippines, take note as several carriers are suspending their flights.

Flydubai is suspending all its flights to and from India until the end of this month.

Dubai Holding and Meraas have announced an economic relief package aimed at supporting existing business partners and customers across their portfolio of companies.

Emirates Airline will be suspending some flights in the coming few days.

The UAE has witnessed an increase in sales of electronic devices.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has announced a number of measures to stimulate the UAE's economy amidst the coronavirus crisis.

Abu Dhabi government has taken a number of steps to protect the economy from the effects of the novel coronavirus.

The money remittance firm UAE Exchange has temporarily stopped accepting transactions at its branches and online platforms.