The trio were going to Oman.

Washington: Federal Reserve Chairman Jerome Powell said the coronavirus “poses evolving risks” to the U.S. economy and signaled the central bank is prepared to cut interest rates if necessary to sustain the country’s longest-ever expansion. The rare statement issued Friday by Powell before the financial markets closed for the U.S. weekend came as stocks posted […]

KHDA responds to news circulating on social media.

London: Advent International and Cinven roped in the Abu Dhabi Investment Authority early on to join their bid for ThyssenKrupp AG’s crown jewel, its elevator unit. The German conglomerate announced on Thursday that the private equity consortium had won the auction, beating out a rival group backed by Blackstone Group Inc. and Carlyle Group Inc. […]

He is an isolated place at his home.

612 people involved in the UAE cycling tour have also been quarantined in hotels and homes.

Ministry confirmed the number of COVID-19 cases and recoveries in the UAE.

Dubai: With death toll rising on account of a deadly virus spreading to countries outside of epicentre China, fears of a global recession and a delayed market recovery have returned to the forefront. Markets tanked last week after risk-aversion spiked as coronavirus swept the globe, with cases in at least 47 countries, prompting a warning […]

The ministry also called on school administrations to implement awareness campaigns.