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ABU DHABI LOCKDOWN
Charting the global economy: Oil storms higher on war escalationIran's escalating attacks on Arab Gulf states, including oil facilities in Kuwait and gas processing in Abu Dhabi, have sent oil prices soa...- Abu Dhabi's Etihad Airways sees a $143 mn profit in 2023 as passenger numbers riseEtihad Airways, based in Abu Dhabi, announced a profit of USD 143 million for the year, citing increased passenger numbers as a key factor....
- Qatar Airways says losses reach $4.1 billion amid pandemicThe major loss, which the state-owned airline largely attributed to the grounding of its Airbus A380 and A330 wide-body jets, highlights th...
- Abu Dhabi announces sudden overnight lockdownThe state-run WAM news agency announced late Thursday the lockdown would begin Monday and last each day from 12 a.m. to 5 a.m. It comes jus...
- Indian missions in UAE warn against fake employment agentsThe MEA secretary's caution comes amid reports of 12 Indian women being duped by employment touts in the UAE last month, the Gulf News repo...
- Indian missions in UAE warn job seekers against fake agentsAccording to the Gulf News report, the warning came in the wake of a top Indian official's caution against recruitment agents putting India...
- Major Gulf markets ease in early trade; Qatar risesSaudi Arabia's benchmark index slipped 0.1%, with Riyad Bank declining 1.2% and Jabal Omar Development dropping 1.8%.
- Weak demand hurts UAE non-oil private sector again in November: PMIThe seasonally adjusted IHS Markit UAE Purchasing Managers' Index (PMI), which covers manufacturing and services, stood at 49.5 in November...
- Major Gulf stock markets gain on vaccine optimism; Saudi Arabia shares easeDubai's main share index advanced more than a percent, with the emirate's largest lender Emirates NBD adding 1.5%, while real estate firm E...
- Saudi Arabia economy contracts 4.2% in Q3 year-on-yearThe "flash estimates" for quarterly gross domestic product did not have a breakdown on how the oil and non-oil sectors performed in the thr...
- Two US private equity funds to invest Rs 5,5oo crore into Reliance RetailPrivate equity firm General Atlantic (GA) will invest Rs 3,675 crore to acquire a 0.84% stake in Reliance Retail, while Silver Lake will ad...
- Crude oil prices fall as rise in virus cases, US inventories stall recoveryUS West Texas Intermediate (WTI) crude futures fell 23 to at $40.39 a barrel.
- UAE capital extends virus lockdown another weekGovernment officials announced late Monday the extension of the lockdown, that has prevented people from leaving their area in Abu Dhabi.
- Abu Dhabi's Etihad cuts hundreds of jobs: SourcesThe state-owned airline, which had 20,530 employees as of August 2019, grounded passenger flights in March and a month later said it had ma...
- Dubai reopens parks, hotel beaches in further easing of curbsThe United Arab Emirates business and tourism hub Dubai has allowed public parks to reopen and hotel guests to access private beaches, stat...
- Asymptomatic Indians cleared by UAE health authorities only to fly back home from Thursday: EmbassyThe Indian nationals cleared by the UAE health authorities and found to be asymptomatic will only be allowed to fly back home in one of Ind...
- COVID-19: Indian missions in UAE open online registration for its citizens who wish to fly home"It is informed that the Embassy of India, Abu Dhabi and the Consulate General of India, Dubai, have started a database to register Indians...
- Covid-19 Impact: Now, travel from home virtuallySensing a long-term lull in overseas travel, the Ministry of Tourism launched ‘Dekho Apna Desh’, a webinar series hosted by experts who wil...
- Indian expats in UAE warned against fake repatriation circularSeveral stranded Indians in the UAE have been warned of fake circulars on social media asking them to send their personal particulars to va...
- GoAir says services to remain suspended till April 14The central government has suspended all domestic and international flight operations in India to curb the spread of coronavirus.
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