Dubai: In a continuation of the UAE’s economic relief measures, the UAE Ministry of Economy is to implement a “flexible package and plan” to support various sectors. The plan seeks to create a more flexible economic environment “conducive to provide new opportunities and encourage investments in future sectors in support to the UAE’s strategic vision and direction,” […]

RIYADH: Saudi petrochemicals giant SABIC said on Thursday it posted a loss in the three months to end-June, the third quarterly loss in a row, due to low sales and impairments. SABIC, the world’s fourth largest chemical firm, said it posted a loss of 2.22 billion riyals ($592 million) in the April to June quarter, […]

TOKYO: Japan’s Nintendo Co Ltd on Thursday reported a 428% jump in first-quarter profit, driven by ongoing demand for the Switch console and hit title Animal Crossing: New Horizons as the coronavirus outbreak boosts the games industry. Operating profit for April-June was 144.7 billion yen ($1.37 billion). That compared with an average estimate of 71 […]

Tencent Holdings Ltd. dived more than 10% after U.S. President Donald Trump ordered a ban on WeChat and “transactions” with the company that threatened to stifle its global business. China’s largest gaming and social media company shed more than $45 billion of market value after sliding by the most since October 2011 on an intraday […]

Capacity and social distancing regulations must be enforced

Etihad Airways expects to boost capacity to about 50% of its pre-Covid level by September.

The Dubai Ruler and his entourage wore face masks as they enjoyed some exercise and sights such as the Dubai Water Canal.

One of the expat’s family lives in an area near the port and his grandmother and mother were injured.