2020 — Topical news of the United Arab Emirates

April 22, 2020 no comments 410
The index sample is reconstituted once a year in November Dubai Financial Market (DFM) has launched the UAE Index for Environment, Social and Governance (ESG) to encourage listed companies in the UAE to expand embracing ESG best practices. The S&P/Hawkamah UAE ESG Index is...

April 22, 2020 no comments 417
DUBAI – With the Holy Month of Ramadan starting this weekend, Dubai Sports Council is making sure members of the community will get their regular fix of sports and physical activity at home by organizing a number of innovative events in cooperation with different sports event organisers....

April 22, 2020 no comments 333
They will operate from 8am to 8pm daily. Dubai announced on Tuesday the extension of working hours for certain commercial activities within the emirate effective immediately in a further relaxation of restrictions imposed on trading and business activities as part of Covid-19...

April 22, 2020 no comments 296
It is also forbidden to bring meals to mosque courtyards for ending the fast. In line with the national efforts and instructions to contain the Covid-19 coronavirus pandemic, the Islamic Affairs and Charitable Activities Department in Dubai announced the cancellation of all permits for...

April 22, 2020 no comments 381
This enables taxable persons to meet their tax obligations without facing any difficulties. The Federal Tax Authority (FTA) on Tuesday issued a directive on an exceptional basis providing an alternative date of May 28, 2020 for the deadline of submitting value-added tax (VAT) returns...

April 21, 2020 no comments 426
The UAE Government has announced the full recovery of 74 coronavirus patients after receiving the necessary healthcare, bringing the total number of recoveries to 1,360. Speaking at the UAE's regular media briefing on Monday, Dr. Farida Al Hosani, spokesperson for the UAE health sector,...

April 21, 2020 no comments 394
Total income for the first quarter at Dh6.88bn remains fairly unchanged from Dh6.87bn in the preceding quarter Dubai’s Emirates NBD posted a 24 per cent year-on-year (y-o-y) decrease in its first quarter net profit, it announced on Monday, April 20. The net profit for the first...

April 21, 2020 no comments 373
The time-lapse video includes footage of engineers and welders working together to construct the facility which was reportedly built to international standards A video tweeted out by the Dubai Health Authority (DHA) shows how an isolation and intensive-care ward for Covid-19 patients...

April 21, 2020 no comments 354
According to a CBUAE report, the required reserves have been steadily growing over the recent months ABU DHABI: In yet a fresh sign of the country's robust financial infrastructure, the UAE banks' reserve requirements picked up 7.7 percent during Q1 2020 to AED132.6 bn as compared to...

April 19, 2020 no comments 442
Dim economic conditions mean more layoffs as companies streamline operations in the face of tough times ahead. Here's how to make it through this pandemic In March, the UAE enacted a new regulation for the duration of the coronavirus crisis that allowed firms to lay off staff, cut...

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