No social distancing on board first repatriation flights to India

Dubai: There will be no social distancing on board the first repatriation flights to India, with ticket rates at Dh700 to Dh750 per passenger. The flights will start from May 7. Each flight will carry 200 passengers, which represents the full capacity on the aircraft used. By removing the social distancing requirement, the Indian Government […]

Imkan awards Dh236 million contract for AlJurf development

Abu Dhabi: Abu Dhabi-based developer Imkan has awarded Al Dhabi Contracting a Dh236 million contract to build the first phase of the master-planned development of AlJurf; its second home coastal destination set along the coast of Sahel Al Emarat. Scheduled for completion in 2022, the first phase of AlJurf, AlJurf Gardens, will see Al Dhabi […]

Abu Dhabi based NMC Health’s trading arm sees major job cuts

Dubai: More than 300 staff members at NMC Trading, the division that handles distribution of medical equipment and personalcare brands, have been laid off, and with more likely to follow. These cuts could provide the first hints of what the UK High Court appointed administrators hope to do with NMC Health’s individual divisions. “Even before […]

COVID-19 fallout: UAE hospital operators call for relief on utility bills

Dubai: Leading hospital operators in the UAE have requested utility charge and fee waivers from the Government to ease their current cashflow problems. “It would be a great help if electricity and power charges for hospitals and clinics can be deferred or foregone by the authorities,” said Dr. Azad Moopen. Chairman and Managing Director at […]

COVID-19: Disney to see at least $1.4b impact from coronavirus

San Francisco: Walt Disney Co. said Tuesday it will see an impact of some $1.4 billion (Dh5.1 billion) from the coronavirus in the current fiscal quarter as a result of a massive hit to its theme parks and other operations. The media-entertainment giant said its profit plunged 91 per cent to $475 million in the […]

Coronavirus: Saudi Arabia to spend 2b riyals on securing food supply

Riyadh: Saudi Arabia has allocated 2 billion riyals (Dh1.96 billion) to fund importing agriculture products and secure food supplies amid coronavirus fears, a statement by the country’s agriculture development fund said on Tuesday. The initiative, which will be carried out through a mixture of direct and indirect loans, will target in its first phase products […]